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GDoN Revisited by Hipchickindc – 1921 2nd St NW

by Prince Of Petworth August 26, 2011 at 11:00 am 9 Comments

Hipchickindc is a licensed real estate broker and a professional artist. Her official real estate bio is here and her art website is here. 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: 1921 2nd St NW

Legal Subdivision: Ledroit Park
Advertised Subdivision per Listing: Ledroit Park

Original List Price: $680,000.
List Price at Contract: $660,000

List Date: 06/02/2011
Days on Market: 42

Settled Sales Price: $656,000.

Settlement Date: 08/18/2011
Seller Subsidy: $16,175.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional

Original Good Deal or Not post is: here. Pics can be seen by clicking through the arrows on the main pic after opening the listing link.

I frequently walk my dog up this part of 2nd Street NW and I’ve always thought of this as “the house across the street from the Anna J. Cooper House”. We’ve visited this block fairly recently in Popville as you can see from this photo of the subject house with a raging fire across the street, and for a recent Good Deal or Not Revisited. I’m pleased to report that the home that had the devastating fire earlier this year has been gutted and stabilized. Hopefully, re-building will commence soon.

Continues after the jump.

The most recent owners had lived in this home for the past decade, since they purchased it in 2000 for a net of $261,900. I’m including a link to the 2000 listing just so you can see what it looked like before it became, um, GREEN and yellow. There was some discussion during the original Good Deal or Not (GDoN) post about whether there was some flipping action going on here, but it looks more like there was a buyout refi of one of the owners. In any case, that decade of ownership saw a sea change within the neighborhood. Many folks like to grumble about the current state of the unfinished retaining wall on the Anna J. Cooper house across the street, but it was really such a short while ago that Dr. Cooper’s amazing historic home sat in complete ruin.

The earliest (easily) available record of transfer was in 1998, when the home sold for $139,000.


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