GDoN Revisited by Hipchickindc – 159 V Street, NE

by Prince Of Petworth February 27, 2015 at 11:00 am 4 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: 159 V St NE
Legal Subdivision: Eckington
Advertised Subdivision per Listing: Eckington
Bedrooms: 3 Baths: 3.5 Parking: Driveway/ Off Street Basement: Fully Finished Ownership: Fee Simple
Original List Price: $599,900.
List Price at Contract: $599,900.
List Date: 12/28/2014
Days on Market: 13
Settled Sales Price: $595,000.
Seller Subsidy: $0.
Settlement Date: 2/26/2015
Bank Owned?: No Short Sale? No Estate: No

Original GDoN post is: here.
The original listing can be seen here: here.

The comments on the original Good Deal or Not GDoN post led to an interesting discussion of the pros and cons of buying a home renovated by an investor.

This Eckington home is located a few blocks from the Bloomingdale commercial areas, which now include North Capitol Street (The Washington Firehouse Restaurant), First Street NW, and Rhode Island Avenue NW. This is a fee simple home with a basement, parking, and a porch and front yard. The interior has been completely updated with a new kitchen, baths, floors, etc.

Currently, there is only one active listing in the neighborhood for a house priced under $600,000., which is located on a busy street and reportedly suffered recent fire and water damage.

Since July 2014, there have been a total of 35 settled sales of fee simple houses in the NE Eckington neighborhood. These have ranged from $318,250 to $835,000.

The listing agent for this sale was Leo Pareja with Keller Williams Realty Falls Church. Daryl Judy with Washington Fine Properties, LLC represented the buyer in this transaction.


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