GDoN Revisited by Hipchickindc – 1402 21st Street, NW

by Prince Of Petworth August 2, 2013 at 11:00 am 1 Comment


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: 1402 21st St, NW
Legal Subdivision: Central
Advertised Subdivision per Listing: Central
Bedrooms: 5 Baths: 5 Parking: Separately deeded off street surface parking space included
List Price at Contract: $1,895,000.
List Date: 04/18/2013
Days on Market: 6
Settled Sales Price: $1,900,500.
Seller Subsidy: $0.
Settlement Date: 07/22/2013
Bank Owned?: No Short Sale? No

Original GDoN post is: here.

The listing can be seen: here. The virtual tour can be seen here.

The gist of some of the comments on the original Good Deal or Not (GDoN) post began with the sentiment, “for over a million, I expect…”

Many years ago, when I was a new agent and had a lot of time on my hands, I used to make the rounds of Tuesday open houses (which are specifically for agents) with my new agent buddy. We would head straight for the highest priced homes because they usually served the best lunches. Seriously, though, for a couple of rookie agents, it was a lot of fun to check out these homes that we could neither afford nor had any clients for. I well remember, however, that I was often disappointed when I saw what a million dollars would actually buy.

Reality is that people will pay a premium to live in locations that offer particular perks or conveniences. Those of us who choose to live downtown often sacrifice square footage for convenience. What is it worth to live within two blocks of a Metro, or down the street from The Phillips Collection?

Monica Boyd of Coldwell Banker represented the seller. Per the listing, there was no buyer agent involved in the transaction.


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