GDoN Revisited by Hipchickindc – 25 Q Street, NW

by Prince Of Petworth April 25, 2014 at 10:55 am 0


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: 25 Q St, NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 4 Baths: 3.5 Parking: Drvwy/Offstreet Basement: Yes, English, Fully finished Ownership: Fee simple
Living Square Footage per tax record: 1246 (not including basement)
Original List Price: $819,900.
List Price at Contract: $819,900.
List Date: 3/13/2014
Days on Market: 4
Settled Sales Price: $820,000.
Seller Subsidy: $0.
Settlement Date: 4/18/2014
Bank Owned?: No Short Sale? No
Original GDoN post is: here.
The original listing can be seen here: here.

I’d be calling this Truxton Circle, but it doesn’t really matter, since it flew off the shelf in four days…solidly over $800,000.

Located just south of Bloomingdale, developers were still wary of this area during the Tony Williams era revival of the city. With NOMA in hearty swing, and a high demand from buyers for renovated property in urban DC, development is on the upswing. Several of the large Victorian row homes in this neighborhood have started being converted into condos, which is driving the prices per square foot.

Last week, after posting some median sold prices, someone commented that it would be helpful to see that info on each area. At the moment, the closest details stats report from rbi for this area is by the 20001 zip code. This zip code includes Bloomingdale, Shaw, and LeDroit Park. The median sold price for this part of the city in March 2014 was $467,500. You can see the report here. That factors in both both condos and houses.

The listing agent was Wendy Banner of Long and Foster. The buyer was represented by Boris Miric of District One Properties.


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