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 Compass. 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 Bright MLS, which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 3324 19th Street, NW
Legal Subdivision: Mount Pleasant
Advertised Subdivision per Listing: Mount Pleasant
Bedrooms: 4 Baths: 2 Parking: Street Ownership: Fee Simple
Original List Price: $969,900. List Price at Contract: $969,900.
List Date: 4/22/2018 Days on Market: 17 (including January listing…more info below)
Settled Sales Price: $950,999.
Seller Subsidy: $0.
Settlement Date: 5/24/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
The property listed in January for $895,000., and was swiftly removed from the market 8 days later. You can see the “Before” pics, including the giant bug sculpture mentioned in the original GDoN comments, here.
After a bit of a makeover (fresh neutral paint, backsplash, appliances, refinished floors), and the addition of the Homer Simpson blow up doll in the attic, the property was re-released to the Spring market at a higher price and went under contract in 9 days.
It’s not unusual to see list prices ending in odd numbers. The Buyer apparently has a good sense of humor, paying $1. shy of $951,000.
It’s just this kind of market right now.
The listing agent for this transaction was Jami Dennis with RE/MAX Realty Centre, Inc. Kevin White with RE/MAX Enterprise, represented the Purchaser.