GDoN Revisited by Hipchickindc – 1516 1st Street, NW

by Prince Of Petworth February 14, 2014 at 11:00 am 2 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: 1516 1st St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 2 Baths: 2.5 Parking: Street Basement: No
Total Living Area per tax record: 1336
Original List Price: $649,000.
List Price at Contract: $649,000.
List Date: 12/5/2013
Days on Market: 14
Settled Sales Price: $649,000.
Seller Subsidy: $0.
Settlement Date: 1/31/2014
Bank Owned?: No Short Sale? No

Original GDoN post is: here.

The original listing can be seen here: here. To see pics, click on the camera icon after opening the link.

Located just south of Bloomingdale’s Big Bear Café, this Truxton Circle neighborhood is experiencing a lot of new investor activity. For a variety of reasons, this area close to Dunbar High School, and just west of NOMA, was largely overlooked during the previous renovation boom years in DC. Nearby neighborhoods like Bloomingdale saw more focused renovation activity and steady price appreciation during the mid-2000’s.

The housing stock in this neighborhood ranges from two level two flat properties (mostly along the East West streets in the neighborhood). Many of these units were built developed by Harry Wardman (in contradiction to the notion that a porch front home is a “Wardman style”). The numbered streets feature brick bay front Victorians, often on a smaller scale than nearby neighbors in Bloomingdale and Eckington. Many along First Street NW do not have basements.

Christopher Sanders with Century 21 Redwood Realty represented the seller. The purchaser was represented by Courtney Jordan of Long and Foster.


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