GDoN Revisited by Hipchickindc – 3038 Macomb Street, NW

by Prince Of Petworth December 28, 2012 at 11:30 am 0

Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a popville.com advertiser. 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: 3038 Macomb St NW
Legal Subdivision: None noted (new construction so tax record not up yet)
Advertised Subdivision per Listing: Cleveland Park
Original List Price: $3,395,000.
List Price at Contract: $3,395,000.
List Date: 11/15/2012
Days on Market: 19
Settled Sales Price: $3,275,000.
Seller Subsidy: $0.
List to Net Sales Price Ratio: 96.47%
Settlement Date: 12/14/2012
Bank Owned?: No Short Sale? No
Original GDoN post is: here.
The listing can be seen: here. To see pics, click on the camera icon after opening the link. The best way to see this house, though, is via the virtual tour.

Somebody got a very nice holiday present this year. Designed to fit seamlessly into the existing neighborhood, this newly built home features a “full service elevator”. Perhaps more importantly, the master bedroom boasts “his and hers baths”. (Anecdotally, I swear that the most common objection I heard from buyer agents regarding house listings in 2012 was that everybody (no, really, Everybody) needed two bathrooms upstairs.)

Whereas in most of the neighborhoods featured on PoPville we look at the neighborhood as having transitioned from “up and coming” to “pretty much there” once the sales start consistently hitting the $600k mark, we’re in a bit of a different ballpark here. The subject property is the highest recent sale within a third of a mile since June, however, there was another $3,000,000.+ sale that also occurred in December at 3210 Newark St NW. Of the thirteen settled fee simple sales in this immediate area since June, eleven of them were seven figure transactions. The lowest sale prices were at $755,100. and $890,000.

The listing agent for 3038 Macomb St NW was Marc Fleisher with Long and Foster Real Estate, Inc. Mark McFadden with Washington Fine Properties LLC, represented the buyer.


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