GDoN Revisited by Hipchickindc – 1424 Rhode Island Ave, NW

by Prince Of Petworth October 28, 2011 at 11:00 am 3 Comments

Hipchickindc is a licensed real estate broker. Her latest business venture can be seen 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: 1424 Rhode Island Ave NW Unit F
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Logan
Original List Price: $791,424.
List Price at Contract: $791,424.
List Date: 09/09/2011
Days on Market: 10
Settled Sales Price: $780,000.
Settlement Date: 10/20/2011
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No
Type Of Financing: Cash
Original GDoN post is: here.
The listing can be seen: here. To see the photos, after opening the listing link, scroll through the arrows on the main pic.

Good Deal or Not Revisited (GDoN-R) posts have profiled sales for a range of properties including formstone-laden Victorian castle-like structures, a multi-million dollar contemporary overlooking Rock Creek Park, gut renovated Victorian not-so-castle like structures, a post war apartment building turned condo, and plenty of porch front rowhomes built in the 1920’s and 30’s. Depending on what neighborhood in DC you might find yourself, the architectural vibe can be quite different from block to block. Clearly tastes, technologies, and perceptions of amenities change from one stylistic era to another. Personally, I enjoy stepping into the past and imagining the 1970s homeowners’ delight at upgrading to Harvest Gold Kenmore appliances.

Continues after the jump.

The comments on the original Good Deal or Not (GDoN) post for the subject property (see link above) were not very kind to the late 1980’s/early 1990’s design. Regardless, the property sold quickly at 98.56% of the list price, so it obviously appealed to somebody. According to a couple of the listings over the years, this row of properties was designed by architect Dudley Canada. Another gem excised from past listings…in 1996, the listing agent made special note that the location was “next to HoJo’s”.

Although the entire row is unified in appearance, the units at 1418, 1420, and 1422 Rhode Island Ave NW are fee simple homes. They do not even appear to have a monthly fee, which would indicate a homeowners association for any shared maintenance. The subject property, 1424 Rhode Island Ave NW #F, as well as 1426 #B,C,D, and E, which are off of a court yard, are structured as condominium ownership. The condo ownership structures seem to be quite large, and even include rentable basement studio units.


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