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Good Deal or Not? “Elfa Closets” edition

by Prince Of Petworth — December 21, 2012 at 1:00 pm 11 Comments

This condo is located at 150 V Street, NW:

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The listing says:

“Come home to this elegant 1 BR+ den unit in hot Parker Flats at Gage School. Private balcony off BR, high ceilings, lg. windows. Bright, open interior. Pet-friendly bldg. w/ deeded garage parking, sep storage unit. Kit has stainless appliances and granite counters. Short walk to Shaw Metro & growing Bloomingale area. Bldg. secure at each pt. of entry. Elfa Closets, award winning bldg.”

You can see more photos here.

This 1 bed/1 bath +den is going for $384,995 ($298 monthly condo fees.)

  • I looked at this building four years ago when it was brand new and REALLY liked it. At the time, I was looking at two bedrooms for around $400k, so this seems pretty pricey. But I am sure the values have increased since then.

  • On the Hill

    Yowzers! We sold our 1BR condo ($125 fee) in the heart of the Hill (4th and Independence) two years ago for just about that. This feels overpriced…

  • LeDroit

    This is more in LeDroit Park than Bloomingdale. Ever since the Howard Theatre reopened and Shaw’s Tavern and Bistro Bohem have come in, property values in LeDroit are rising super fast. Love my neighborhood! (I loved it four years ago when we moved there for its charm and its proximity to U Street, Logan Circle, and work. Now I love even more for how fast our property values are going up. 🙂

    • No, it may be right near LeDroit, but it is actually Bloomingdale. 2nd St is the boundary. However you are right about rising values in the hood…

  • Two bedrooms in this complex are now in the high $490,000s to low $500,000s range.

  • anon

    Aaannnd 48 hours after listed, it’s already under contract.

  • cynpress

    I am the agent who listed and sold this unit. Prices in this community are going up rapidly as the neighborhood

  • cynpress

    I am the agent who listed and sold this unit. The prices in the building have been increasing rapidly as the neighborhood turns around. New restaurants, Capital Bike Share, and other amenities are popping up all around and with Howard Theater in full swing, it’s becoming a hot place to live! It sold in 36 hours for over asking price!

    • ANON

      Someone got ripped.

  • anon

    Bloomingdale and LeDroit Park are both thriving and 2nd St. is the boundary line between the two. We live in the building across the courtyard and when we refinanced our 1 bedroom + den condo was appraised at a lot more than what we paid when we bought it.

  • SD

    I had a client buy a place in the building for $380,000 this year … it was reasonably comparable.


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