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Good Deal or Not? “four real bedrooms” edition

by Prince Of Petworth — November 1, 2012 at 1:00 pm 10 Comments

This house is located at 3229 Military Road, NW:

View Larger Map

The listing says:

“Terrific Value!! Large Brick Colonial with four real bedrooms and two full baths up!! Many original features, natural wood trim, foyer, fireplace, large living room, separate dining room, LL family room, side porch, garage and off street parking, Lafayette School district. Blocks to Connecticut Ave shopping & dining and hiker biker trails in Rock Creek Park,”

You can see more photos here.

This 4 bed/2.5 bath is going for $625,000.

  • CoHi

    Why isn’t there a 1 before this price?

    • NorthPetworth

      Because it has traffic jams and/or cars zooming by it at 45 all day and all night…

  • sbc

    Other 4brs in that area are selling for 750-900k. This house is over 1700sf and in a very good school zone. It’s totally liveable though the kitchen and bath haven’t been updated that recently or expensively. Unless an inspection turns up mold or termites or something, I think it’s an extremely good deal for a family committed to staying in DC and who doesn’t mind driving. I bet it gets a lot of offers.

    • sbc

      The traffic is a fair point, but a house on the same block sold for $899 this summer and one a block over sold for $825, according to Redfin. So I maintain this is a great deal and they’re probably trying to start a bidding war. Or it’s haunted.

      Heck, even if it’s haunted I’d buy it at that price. If I could afford it. Which I can’t.

  • JoeEsq74

    Great deal. Unless something is really wrong with the place. I bet it is the only single family 4br house under 750k in the 20015 zip code. My wife and I watched this zip code for 18 months and finally accepted defeat, nothing close to our budget. It will go fast. I am sure they already have a full price offer in hand.

  • AJL

    Went to the open house this past weekend. While it’s dated, it’s certainly livable. My main issue in addition to the traffic was that there’s alsmost no backyard compared to other houses in the neighborhood and that there’s no central AC – DC summers are way too hot to spend that much money on a hosue with no AC!

  • This is a silly price…. It will go for way more than this. This is a half block from a very regular bus line that turns north from Military and goes directly to Friendship Heights Metro. I would expect somewhere around $750,000+, likely 800,000+, especially with interest rates in the low 3’s.

  • Considering what prices are in Petworth, this place seems like quite the deal in comparison.

  • ET

    I wonder if they priced it low so a bidding war would ensue.

    • Yep – and for a quick sale.
      It’ll go for above 700K easily.


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