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GDoN Revisited by Hipchickindc – 326 A Street, SE

by Prince Of Petworth September 19, 2014 at 10:45 am 19 Comments

A-Street-Southeast_sold

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: 326 A St SE
Legal Subdivision: Capitol Hill
Advertised Subdivision per Listing: Capitol Hill
Bedrooms: 3 Baths: 1.5 Parking: Street Basement: Yes Ownership: Fee Simple
Original List Price: $1,000,000.
List Price at Contract: $1,000,000.
List Date: 6/24/2014
Days on Market: 6
Settled Sales Price: $1,253,260.
Seller Subsidy: $0.
Settlement Date: 9/5/14
Bank Owned?: No Short Sale? No Estate: Yes

Original GDoN post is: here.

The original listing can be seen here: here.

PoPville original commenters to last week’s GDoN Revisited were completely on target with the expectation that the H Street area property would escalate above list price. The ultimate price of today’s subject historic property, a stone’s throw from the Library of Congress, will likely surprise a lot of people.

The property is situated on an over 4000 square foot lot, which is zoned R-4 and located in a designated historic district. The unconfirmed assumption is that the property has been acquired by a developer. This was the largest lot size recently transferred on Capitol Hill. Two properties with lots over 3000 square feet have settled on Capitol Hill since the beginning of the year.

Here are some news clippings referencing the property going back to the 1930’s, courtesy of a blog called “A Street SE: The History of a Capitol Hill Street”.

The listing agent was Betty Gee of Long & Foster Real Estate, Inc. Phyllis Jane Young of Coldwell Banker Residential Brokerage represented the buyer in this transaction.

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