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GDoN Revisited by Hipchickindc – 37 17th Street, SE

by Prince Of Petworth May 10, 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 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: 37 17th St SE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Capitol Hill
Bedrooms: 3 Baths: 2.5
Living Area Square Footage per Tax Record: 1633
Lot Size per Tax Record: 848
Original List Price for most recent listing: $634,900
List Price at Contract: $634,900.
List Date: 3/13/2013
Days on Market: 5
Settled Sales Price: $650,000
Seller Subsidy: $500
Settlement Date: 04/30/2013
Bank Owned?: No Short Sale? No
Original GDoN post is: here.
The listing can be seen: here. To see pics, open the link above and click on the camera icon to scroll through pics.

In 2001, 37 17th St SE looked like this when it sold for net $100,000 . By the time the property was on the market again in 2007, it acquired an additional level that was advertised as a “Penthouse Playroom”. The price jumped to $555,000. By 2013, it got souped up even more with the addition of a Bocce court.

Given that “transit oriented” is the new buzz word in real estate, having the Stadium Armory Metro within a quarter mile is a huge plus. Since the beginning of the year, there have been thirteen other fee simple sales within a quarter mile of this particular Metro, ranging in price from $384,900. for a two bedroom one and a half bath rowhome without a basement, to $675,000. for an end unit four bedroom three and a half bath home with a basement located across the street from the Metro.

The listing agent was Cara Pearlman of Frankly Real Estate, Inc. Kevin Shirley of Long and Foster Real Estate Inc. represented the buyer.


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