Suzanne Des Marais 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 Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.
Featured Property: 114 18th Street, SE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Old City #1
Bedrooms: 4 Baths: 3.5 Parking: Driveway/Off Street Ownership: Fee Simple
Original List Price: $799,900.
List Price at Contract: $799,900.
List Date: 09/28/2016
Days on Market: 6
Settled Sales Price: $827,000.
Seller Subsidy: $0.
Settlement Date: 10/31/2016
Transaction type: Standard
Original GDoN post can be seen: here.
The listing can be seen here: here.
Hill East houses first broke the $500,000. price point in 2004, and $600,000. in 2005, when DC was on an aggressive price trajectory. The area saw $700,000. for the first time in 2006.
In the 2008 Recession-era market, no houses in that part of the neighborhood settled over $600,000. The $700,000.+ price point did not re-appear until 2011. Prices have been steadily increasing since that time.
Home prices in Hill East still range quite a bit depending on size and condition. There are eleven actively listed fee simple houses spanning from $599,000. to $1,399,990..
The listing agents for this sale were Ty Voyles and Tom Kavanagh with Fulcrum Property Group affiliated with Keller Williams Capital Properties (per disclosure above, the same brokerage as the writer). Dana Zalowski, with McEnearney Associates, Inc., assisted the Buyer.