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Sold in Seven Days – 3815 Veazey Street, NW

by Prince Of Petworth June 16, 2017 at 10:55 am 6 Comments

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: 3815 Veazey St NW
Legal Subdivision: North Cleveland Park
Advertised Subdivision per Listing: North Cleveland Park
Bedrooms: 4 Baths: 3 Parking: Detached Garage Ownership: Fee Simple
Original List Price: $989,000. List Price at Contract: $989,000.
List Date: 5/11/2017 Days on Market: 7
Settled Sales Price: $989,000.
Seller Subsidy: $0.
Settlement Date: 6/09/2017
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

From the comments on the original GDoN post: “That is priced absurdly low for the area.”

Last sold in 1999 for $386,500. with an $11,595. subsidy from the Seller, this semi-detached single family home in West of the Park Upper NW DC ended up being a nice deal at $989,000. for the current Buyer in 2017. The median net price for settled semi-detached houses in North Cleveland Park in 2017 so far is $1,100,250.

Kara Johnson, the Buyer’s agent, shared that the Buyer had been looking for just the right property to come along for the past two years. She pre-inspected before contract (a relatively common practice in this crazy competitive DC market), and wrote a very clean (few or no contingencies) offer. Kara described the home as “very well maintained” (which is a great kind of house to look out for) that had been “refreshed” but not extensively renovated.

The listing agents for this property were Robert Hryniewicki and Adam Rackliffe with Washington Fine Properties, LLC. Kara Johnson, with Keller Williams Capital Properties (per disclosure above, the same brokerage company as the writer), represented the Buyer.

  • anon househunter

    I toured this one in person, and the pictures were better than reality. The house is gorgeous, but the layout was just not well suited to modern living.

    • MtP

      I’m curious what you mean by this? It makes sense that something might be off with it, because otherwise it seems like an incredible deal

      • anon

        I am also very curious. Looks like a great deal. Smallish kitchen, and your yard is mostly parking, and a lot of SF is in the attic, but still. Seems odd it only sold for list with 116 redfin favorites… that sounds like a bidding war type property

        • jumpingjack

          Where can you see number of favorites on Redfin?
          .
          I suspect that number of favorites isn’t indicative of actual buyer interest for houses that are GDoN. I frequently favorite GDoNs, just to get notifications on them to see how long before they go under contract and what they sell for. Houses that are listed as GDoN often show up as “Hot” homes on Redfin the next day.

          • textdoc

            +1 to “I suspect that number of favorites isn’t indicative of actual buyer interest” — especially for houses that are featured on PoPville or elsewhere.

  • kd21

    Veazey? For sheezy?

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