GDoN Revisited by Hipchickindc – 142 Kentucky Ave SE

by Prince Of Petworth February 20, 2015 at 11:25 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: 142 Kentucky Ave SE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Capitol Hill
Bedrooms: 3 Baths: 2 Parking: Street Basement: English with connecting stair Ownership: Fee Simple
Original List Price: $848,500.
List Price at Contract: $848,500.
List Date: 01/07/2015
Days on Market: 13
Settled Sales Price: $853,825.
Seller Subsidy: $0.
Settlement Date: 2/17/2015
Bank Owned?: No Short Sale? No Estate: No

Original GDoN post is: here.

The original listing can be seen here: here.

Just off the south east corner of Lincoln Park, this brick Victorian bay front with an English basement and no parking falls into a fairly median price point in this location. Within the past six months, there have been a total of 36 fee simple (house) sales within a quarter mile of this property, ranging from $101,500. for a garage to $1,590,500. for a restored Victorian with an English Basement and carriage house.

Twelve properties (including the above mentioned garage) sold below $800,000. Eleven houses sold between $800,000. and $1,000,000. There were thirteen homes sold into the seven figures in this small area during that timeframe. The average time it took for houses to go under contract in this location is 25 days, with the majority selling within two weeks of first listing.

The listing agent for this sale was Tom Faison with Re/Max Allegiance. Kara Johnson with Keller Williams Capital Properties (per disclosure above, the same brokerage as the writer) represented the buyer in this transaction.


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