GDoN Revisited by Hipchickindc – 1390 V Street, NW #PH 510

by Prince Of Petworth November 6, 2015 at 11:10 am 13 Comments

Hipchickindc is a licensed real estate broker. She is the President of 10 Square Real Estate. 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: 1390 V St NW #PH 510

Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 1 Baths: 1 Parking: Rental parking on site
Ownership: Condo Monthly Condo Fee: $315.00
Square Footage per listing: 600
Original List Price: $400,000.
List Price at Contract: $400,000.
List Date: 09/30/15
Days on Market: 4
Settled Sales Price: $412,000
Seller Subsidy: $0
Settled Price per square foot: $687
Settlement Date: 10/30/15
Transaction type: Standard

Original GDoN post is: here.

The original listing can be seen here: here.

Located just off of the U Street Corridor, the loft style condo units at Langston Lofts sold new in 2005. Out of eighty total units, seven (including this one) turned over to new owners in 2015. The five other one bedroom units, all on floors below the top floor, settled at an average of $588. per square foot. The higher price of the subject unit reflects the premium often paid for top floor units with nice views.

In 2007, this unit with a balcony sold at $377,000. with an $8000. subsidy. Five years later in 2012, it was on the market for $370,000. and sold at $353,000.

The listing agent for this sale was Susan Hume with McEnearney Associates, Inc. Fleur Howgill with TTR Sotheby’s International Realty represented the buyer.


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