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Sold After 121 Days in Bloomingdale

by Prince Of Petworth March 11, 2016 at 11:00 am 10 Comments

GDoNR

Hipchickindc (aka Suzanne Des Marais) is a licensed real estate broker. She is an associate broker with Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Real Estate Business Intelligence (RBI). Information is deemed reliable but not guaranteed.

Featured Property: 72 V St NW
Legal Subdivision: LeDroit Park
Advertised Subdivision per Listing: Bloomingdale
Bedrooms: 5 Baths: 4.5 Parking: Driveway/Off Street Basement: Fully Finished
Ownership: Fee simple Lot Square Footage: 1667
Original List Price: $999,950.
List Price at Contract: $975,000.
List Date: 11/10/2015
Days on Market: 121 (includes current and earlier version of listing)
Settled Sales Price: $925,000.
Seller Subsidy: $4,000.
Settlement Date: 03/04/2016
Transaction type: Standard

Original GDoN post is: here.

The original and most recent version of the listing can be seen here: here.

This house in Bloomingdale is notable for backing to over an acre of community green space known as Crispus Attucks Park. Until the mid 2000s, Crispus Attucks Park was a field enclosed by chain link fencing. Neighbors were instrumental in creating the vibrant landscaped space that exists today. You can see learn more about the interesting history of the park here.

There were some comments on the original GDoN post suggesting that this is a small house. With three levels above grade, plus a full basement, it’s a good sized rowhome. It looks like this one kept the original configuration of a front parlor with an entry hall, which makes the living room seem tight.

Someone commented that “$975k might well be market rate for that neighborhood, but unless that park contains some sort of special magical powers, I think it’s a completely insane price to pay for a house at that location.” There has actually been quite a bit of activity at that location recently over a million dollars, including one across the street that recently escalated almost $200,000. above the list price.

The listing agents for this sale were Kymber Menkiti and Tianni Craig with MG Residential affiliated with Keller Williams Capital Properties. Ty Voyles of Fulcrum Properties Group, also with Keller Williams Capital Properties represented the buyer in this transaction. (Per disclosure above, the writer is also affiliated with Keller Williams Capital Properties).

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