Voted one of the best real estate agents in DC by the Washington City Paper Readers’ Choice Poll in 2009, hipchickindc aka the not-so-hip Suzanne Des Marais is an Associate Broker with Urban Pace. She lives (and sells a lot of houses) in Bloomingdale, but works all over DC, with everyone from first time buyers to highly regarded developers. Unless specifically noted, neither she nor the company that she is affiliated with represented any of the parties or were directly involved in the transaction reported below. Unless otherwise noted, the source of information is Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system. Information is deemed reliable but not guaranteed.
Featured Property: 1206 T St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Logan/U Street
Original List Price: $1,099,000.
List Price at Contract: $1,099,000.
List Date: 08/20/2010
Days on Market: 32
Settled Sales Price: $1,099,000.
Settlement Date: 10/28/2010
Seller Subsidy: $2,750.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional
Original GDoN is: here.
The Listing can be seen: here. To see the pics, after opening the listing link, click on the main pic and scroll through using the arrows.
As the incoming president of the state level Realtor association for DC, I just spent five days at national meetings listening to other state leaders discuss the challenges within their real estate markets. To say that we, in the District of Columbia, are currently faring better than other parts of the country is an understatement. Whereas in the DC market we are occasionally dealing with foreclosures and short sales, some markets continue to struggle with inventory overwhelmed with both.
With interest rates for even jumbo mortgages at super lows, and lower and mid-range priced properties selling at a comfortable pace, we’re seeing the return of the “move up” buyer. Consider that in 2009, from January 1st until November 11th, there were a total of 359 sales of real property in the District that settled at a million dollars or more. Incidentally, 59 of those sales were condos or co-ops. This year, so far there have been 466 sales at a million dollars or more (84 of them condos or co-ops).
Continues after the jump.
This Good Deal or Not Revisited (GDoN-R) property is in a higher price range than homes that I typically profile in this feature, so for perspective it’s notable that the comments on the original Good Deal or Not (GDoN) post were overwhelmingly in favor of this house, priced over $1,000,000. being a good deal. In this instance, our GDON commenters were in the right, since the house sold at list price, with a small subsidy, in just over a month.
Back when the recent Sellers purchased the subject property in 2003, they ended up paying $97,500. above the list price of $479,000. At the time, the house was described as “in need of TLC”. Even considering that a substantial amount of renovation appears to have been completed, I suspect that the investment was well worth it.
1336 U Street, NW previously home to Newtown (and Tabaq before them) “Welcome to Hawthorne, a four-story bar and DJ-focused venue at the intersection of 14th & U Streets with…
Update: “We’re sad to announce that Celebrate Petworth tomorrow has been cancelled.” “September 23, 2023 // 11am-5pm on the 800 block of Upshur Street NW Celebrate Petworth is a free…
If you get a photo with any of your shirt/merch on your travels – please send a photo with where you went to my email at [email protected] thanks! Thanks to…
“Dear PoPville, George Washington University maintains the Community Counseling Service Center and is currently accepting new clients. This underutilized resource serves to make mental health access available to all who…
District Cutlery is celebrating their 10th and 11th anniversaries this week (we forgot last year) and offering customers 25% off all sharpening services. Walk-in service at Union Market is welcome or you can make arrangements for mail-in service on their website. Typical turn-around is less than an hour (but sometimes the queue gets long).
DMV’s professional chefs and passionate home cooks have trusted the District Cutlery with their knives for over 10 years. You can see pictures of their work @districtcutlery Instagram. They also specialize in sharpening styling shears, scissors and smaller garden tools and axes.
Girls in Gear is a Non-Profit that teaches girls age 5+ life skills through bike skills. We aim to get your girl to fall in love with herself, her friends, and her bike! Registration is open across the DMV for our eight-week program that starts the weekend of September 23rd. Programming runs for 90 minutes once a week on a weekend morning.
All abilities of riders – balance bikes, training wheels, two wheels, road-bike pros and everything in between – are welcome. We are non-competitive and focus on having fun no matter what your level of riding is. We pride ourselves in being a low-cost program and also have a no-questions-asked scholarship policy that includes bikes and helmets if needed.
DMV Sites Fall 2023:
LiLi The First FALL COLLECTION is so grand and exceptional, they needed two days to celebrate it.
Saturday – OPEN HOUSE, cookies and cocktails with newly arrived collections from Paris, Tokyo, Turin, Tel-Aviv and NY.
Sunday – MEET THE DESIGNER,