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GDoN Revisited by Hipchickindc – 3312 Highland Place, NW

by Prince Of Petworth April 3, 2015 at 11:20 am 11 Comments

3312-Highland-Place-Northwest-e1406726570435

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: 3312 Highland Pl NW
Legal Subdivision: Cleveland Park
Advertised Subdivision per Listing: Cleveland Park
Bedrooms: 7 Baths: 4.5 Parking: Paved driveway Ownership: Fee Simple
Original List Price: $2,250,000.
List Price at Contract: $1,695,000.
List Date: 07/25/2015
Days on Market: 222
Settled Sales Price: $1,650,000.
Seller Subsidy: $0.
Settlement Date: 3/31/2015
Bank Owned?: No Short Sale? No Estate: No

Original GDoN post is: here.

The original listing can be seen here: here.

Located in Upper Northwest DC, west of Rock Creek Park, Cleveland Park is known for large single family residences with gracious yards on the side streets, and substantial apartment, co-op, and condominium buildings on Wisconsin and Connecticut Avenues.

Pricing trends for detached single family homes in this neighborhood fluctuate depending on the number of homes sold in a given month (these tend to be houses that people stay in for a number of years, so less activity than many other neighborhoods). Expect, however, the median price in any given month to be at least above $1 million.

Since it was originally posted as a Good Deal or Not (GDoN) post, the price was aggressively reduced by $555,000., or basically as much as a whole house in some other DC neighborhoods.

The listing agent for this sale was Marjorie Dick Stuart with W.C. & A.N. Miller, Realtors, A Long & Foster Co. Vince Hurteau with Continental Properties, Ltd. represented the buyer in this transaction.

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