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GDoN Revisited by Hipchickindc – 3x House Porn Edition

by Prince Of Petworth March 15, 2013 at 11:00 am 3 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 princeofpetworth.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.

Within the past three months, properties priced within the $200,000-$399,000 range represented the highest number of settlements compared to other price points within the District of Columbia. That said, there is still enough interest in listings priced in the seven figures that PoPville makes it a regular feature for “Good Deal or Not” (GDoN) posts. Three of these listings settled recently, and I’ve gone ahead and compiled a group “Good Deal or Not-Revisited” (GDoN-R).

House_porn
Photo courtesy of Beasley Real Estate

Featured Property: 2107 Wyoming Ave NW
Legal Subdivision: Kalorama
Advertised Subdivision per Listing: Kalorama
Bedrooms: 8 Baths: 6 full & 2 half Basement: Yes, fully finished
Original List Price: $4,000,000.
List Price at Contract: $3,825,000.
Days on Market: 503
Settled Sales Price: $3,825,000.
Seller Subsidy: $0.
Percentage of List/Sale Price (Net): 95.63%
Settlement Date: 03/06/13
Type Of Financing: Conventional
Original GDoN post is: here.
You can see the listing: here. You can see the virtual tour here.

Jim Bell with Beasley Real Estate represented the seller and Tessa Morris with TTR Sothey’s represented the buyer.

Sales History:

Settled 09/2002 for $1,950,000.
Settled 05/2006 for $3,825,000.
Settled 06/2009 for $3,950,000.
Settled 03/2013 for $3,825,000.

Properties in DC priced in the $2.5-$4 million range and settled over the past year sold an average of about 8.5% below the original list price. In contrast, the average of negotiation for all properties sold in DC over the past year was 3.5% below the original list price.

Continues with two more house porn posts after the jump.

3140-Dumbarton-Street

Featured Property: 3140 Dumbarton St NW
Legal Subdivision: Georgetown
Advertised Subdivision per Listing: Georgetown
Bedrooms: 3 Baths: 3.5 Basement: Yes, fully finished
Original List Price: $1,399,000
List Price at Contract: $1,349,000.
Days on Market: 87
Settled Sales Price: $1,250,000.
Seller Subsidy: $0.
Percentage of List/Sale (Net) Price: 89.35%
Settlement Date: 02/28/2013
Type Of Financing: Conventional
Original GDoN post is: here.
You can see the listing: here. You can see pics by clicking on the camera or film strip icon after opening the listing link.

Sherry Turner with Coldwell Banker Residential Brokerage represented the seller. The buyer was un-represented according to the listing report.

Sales History:

Settled 08/2001 for $460,000. (and 7% below the list price of $495,000)
Settled 05/2012 for $1,300,000.
Settled 02/2013 for $1,250,000.

1716-Q-Street-Northwest-e1352302357549

Featured Property: 1716 Q St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Dupont
Original List Price: $2,495,000.
List Price at Contract: $2,295,000.
Days on Market: 13
Settled Sales Price: $2,100,000.
Seller Subsidy: $0.
Percentage of List/Sale (Net)Price: 84.17%
Settlement Date: 02/19/2013
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional
Original GDoN post is: here.
You can see the listing: here. You can see pics by clicking on the camera or filmstrip icon after you open the listing link.

Scott Purcell with Long and Foster represented the seller. Beth Sheehy with TTR Sothebys represented the buyer.

Sales History:

Settled 09/1996 for $700,000.
Settled 05/2001 for $1,200,000.
Settled 04/2004 for $1,675,000.
Settled 03/2009 for $2,100,000.
Settled 02/2011 for $1,875,000.
Settled 02/2013 for $2,100,000.

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