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: 2807 5th St NE
Advertised Subdivision per Listing: Brookland
Bedrooms: 3 Baths: 2 Parking: Detached 1 car garage Ownership: Fee simple
Original List Price: $624,900. List Price at Contract: $624,900.
List Date: 9/26/2018
Days on Market: 36
Settled Sales Price: $610,000.
Seller Subsidy: $0.
Settlement Date: 11/21/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
Edgewood. We’ve talked about this neighborhood before, as recently as September, and in April.
True, it’s not quite Bloomingdale, not quite Brookland, not quite Eckington, and close to all three.
You can get a move in ready house, not condo, with parking for $610,000. that’s not too far from the Rhode Island and Catholic U Metro stations, and close to active and pending development (around Catholic U. and Forman Mills/Big Lots site).
Currently, there are four active listings for houses in the Edgewood neighborhood, ranging from $525,000. to $585,000.
The listing agent for the subject transaction was Kymber Menkiti with Keller Williams Capital Properties. Jenn Smira, with Compass (per disclosure above, the same brokerage company that the write is affiliated with), represented the Purchaser.