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Sold in Six Days – 1018 Park Rd, NW – “for more than $100,000 over list price”

by Prince Of Petworth April 15, 2016 at 11:00 am 28 Comments

GDoN-R

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: 1018 Park Rd NW
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 4 Baths: 2.5 Parking: Driveway Ownership: Fee Simple
Lot Square Footage: 2501 square feet
Original List Price: $899,900.
List Price at Contract: $899,900.
Original List Date: 02/17/2016
Days on Market: 6
Settled Sales Price: $1,009,800.
Seller Subsidy: $0.
Settlement Date: 03/18/2016
Transaction type: Standard

Original GDoN post is: here.

The listing can be seen here: here.

A number of commenters to the original GDoN post expected this home to sell above list price. It actually sold for more than $100,000 over list price.

Looking back over the past six months, there have been only three total sales in all of Columbia Heights over $1,000,000., including this transaction. In 2015, there were a total of 15 seven figure sales in Columbia Heights, and 12 in 2014. The average sold price for fee simple attached houses in Columbia Heights in March 2016 was $732,049.

The listing agents for this sale were Trent Heminger and Kevin Gray with Compass. Lita Dunn with Redfin Corporation represented the Buyer.

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