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GDoN Revisited by Hipchickindc – 1115 I Street, NE

by Prince Of Petworth February 15, 2013 at 11:00 am 6 Comments

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: 1115 I St, NE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Capitol Hill
Original List Price: $648,500
List Price at Contract: $670,000
List Date: 1/3/13
Days on Market: 6
Settled Sales Price: $670,000
Seller Subsidy: $0
Settlement Date: 2/8/13
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.

Looking up the tax record for this property reminded me how confusing this city can sometimes be to newcomers. There is a piece of property located at 1115 I Street in all quadrants except Southwest. Further confusing is that both 1115 I St NE and 1115 I St SE might be referred to as being in “Capitol Hill” (which it is in this listing). I do realize that north of H Street is a stretch to be called “Capitol Hill”, but for real estate purposes, that’s shorthand for “that side of town”.

Continues after the jump.

There are definitely more listings tagged with “Atlas District” or “H Street” than there used to be. “SoFlo” seems to have died out as H Street has continued to develop as a destination area. It’s also not unusual to see agents leave the neighborhood identified as the non-descript “Old City #1”, which is the legal subdivision. Of the 36 active listings currently in Old City #1 in the NE quadrant, only one is identified as “H Street Corridor”.

Fee simple home sales north of H St NE and south of Florida Ave NE since 08/01/2012 have ranged from $350,000. to $810,000.

The listing agent for 1115 I St NE was Tom Faison with RE/MAX Allegiance. The Purchaser was represented by Ann Young of Coldwell Banker Residential Brokerage.


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