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: 4130 Arkansas Ave NW
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 2 Baths: 2 Parking: Carport Ownership: Fee Simple
Original List Price: $725,000.
List Price at Contract: $699,000.
List Date: 5/1/2014
Days on Market: 18
Settled Sales Price: $710,000.
Seller Subsidy: $10,000.
Settlement Date: 6/27/2014
Bank Owned?: No Short Sale? No
Original GDoN post is: here.
The original listing can be seen here: here.
The last time we revisited a house on Arkansas Ave NW was back in December 2011. That house was a block away, on the same side of the street as the current subject property, and not furnished with the appropriate Mid Century Modern furniture. That home sold in late 2011 for net $449,000. You can see that Good Deal or Not Revisited here along with additional background on the architect. The listing links in the old post are expired, so here’s a link to that 2011 listing, on which you can see pics.
There was some debate on the original Good Deal or Not (GDoN) post regarding the desirability of these rowhomes that have a different feel from bay front Victorians and the thousands of porch front homes built in DC during the 1920’s and 30’s. Within the past year, this was one of only two of this modern style of home that was available for sale in this location. The other sale was across the street, sounds nicely renovated, and went for $685,000.
These blocks saw their first sale over $600,000. in 2006. Over the next several years, not unlike other areas of the city, the values declined significantly and there was not another sale over $600,000. until 2012.
The listing agent was Michael Shapiro of Long and Foster. Harry Moore, also of Long and Foster, was the designated representative of the buyer.