Sold in Seven Days – 516 A Street, NE #106

GDoN Revisited

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: 516 A St NE #106
Legal Subdivision: Capitol Hill
Advertised Subdivision per Listing: Capitol Hill
Bedrooms: 1 Baths: 1 Parking: Street Ownership: Co-op
Square Footage: 750 square feet
Monthly fee: $405.
Original List Price: $379,900.
List Price at Contract: $379,900.
Original List Date: 02/11/2016
Days on Market: 7
Settled Sales Price: $383,300.
Settled Price per Square Foot: $511.
Seller Subsidy: $0.
Settlement Date: 03/18/2016
Transaction type: Standard

Original GDoN post is: here.

The listing can be seen here: here.

Located near Stanton Park, this cooperatively owned unit sold slightly above list price, suggesting interest from more than one buyer. Although co-op owned buildings are more common in NW and SW, Capitol Hill has a few of them.

According to Real Estate Business Intelligence, the average price per square foot for units less than 800 square feet in all of DC as of March 2016 was $551. The legal subdivision of Capitol Hill similarly reports at an average of $547. per square foot for units less than 800 square feet.

The listing agent for this sale was Ty Voyles of Fulcrum Property Group with Keller Williams Capital Properties. Amanda Steinmuller with Century 21 Redwood Realty represented the Buyer.

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