82°Partly Cloudy

Sold in 8 Days – 1432 T St, NW

by Prince Of Petworth April 28, 2017 at 11:10 am 15 Comments

1432-T-St-NW-

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is intended as a case study and a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for PoPville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the 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: 1432 T Street, NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 2 Baths: 2.5 Parking: Driveway/Off Street Ownership: Fee Simple
Original List Price: $1,050,000. List Price at Contract: $1,050,000.
List Date: 3/15/2017 Days on Market: 8
Settled Sales Price: $1,100,000.
Seller Subsidy: $0.
Settlement Date: 4/24/2017
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

gdonr

For some buyers, location overcomes small space, and in contrast to many luxury condos in the area, this fee simple home has private outdoor space. Parking and storage are also a plus.

Currently, there are two active listings on the same block, just off 14th Street, around the corner from Trader Joe’s and Ted’s Bulletin, and many other retail options.

1442 T St NW, which you can see the listing for here is offered $25,000. higher than the original list price of the subject, and is described “WITH PLANS APPROVED BY HISTORIC PRESERVATION FOR AN AMAZING SINGLE FAMILY HOME”.

Just listed, with a finished basement (subject house has an unfinished basement for storage), at $1,299,900., is an otherwise similarly size house, which you can see here.

The listing agent for this property was Kenneth Germer with Slate Properties, LLC. Bowen Billups, with Coldwell Banker Residential Brokerage, assisted the Buyer.

  • INWDC

    I’m reminded of a time (a loooong time ago.. around 1998) when a friend and I walked down this street at night to the 9:30 club, and feeling pretty unsafe. The area was sketchy then to be sure, but the contrast to now still amazes me (at least in terms of costs….I can’t say the new owners are really getting a million dollars worth of house/land but if the sellers can get those prices then why not)

  • navyard

    This is just a pet peeve of mine: Why don’t people plump their sofa cushions? And why would anyone take a picture of them that way?

    Am I the only one?

    • IDontGetIt

      Google Karate chop pillow. It’s a decorator thing.

  • Shaw Guy

    If I’m reading the listing right, it’s just over 1200 sq feet (livable, do not including the basement storage). Still that’s approaching $1k/sq ft which seems crazy.

  • IDontGetIt

    Geez, I lived one block further east in the 1998 and never felt it was sketchy. Still live there as a matter of fact but I admit, I find the prices for these houses on T astonishing considering the size of the houses. .

  • Sigh

    This is exactly the kind of home I want in exactly the sort of area I want and it’s always really devastating to realize that I’ll never ever be able to own my own place in this city.

    • AD

      +1 million

      • elbeech

        Literally.

    • anon

      This is a 2BD/2.5BA in one of the most expensive neighborhoods in the city. You may well someday be able to own your own place in D.C. — it’s just likely to be smaller (like a 1BD condo), and in a neighborhood that you don’t like as much as you like this one.

      • Honest

        You can probably own your own home/condo in DC. May not be the neighborhood/area you’d like to live in but there are still affordable homes here.

        • Shaun

          Where, please let us know

    • anon

      you mean you can’t afford some of the most expensive real estate in the city? join the club. if you can’t afford a more reasonable neighborhood, then we can throw you a pity party.

×

Subscribe to our mailing list