Sold in 8 Days – 1705 Euclid St NW #1

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: 1705 Euclid St NW #1
Advertised Subdivision per Listing: Mount Pleasant
Bedrooms: 2 Baths: 2 Parking: On Street Ownership: Condo Square Footage: 858
Monthly fee: $300.
Original List Price: $579,000. List Price at Contract: $579,000.
List Date: 9/15/2018
Days on Market: 8
Settled Sales Price: $602,500.
Seller Subsidy: $0.
Settled Price Per Square Foot: $702.
Settlement Date: 10/29/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

In 2012, PoPville looked at the upper unit in this two unit boutique condo, which, at the time was listed for sale for $514,900. The thread elicited 33 comments.

At that time, nearly seven years ago, that upper unit settled for $485,500. net, after 243 days on market.

That upper unit sold again in February 2018, after 29 days on market, for $605,000. The Line Hotel, at the other end of the block, had just started pre-opening events.

The subject unit, which is a main floor flat, not basement, went under contract in just over a week, 4% above list price.

The listing agent for the subject transaction was Ron Sitrin with Long and Foster Real Estate, Inc. Carl Lopes, with Berkshire Hathaway HomeServices PenFed Realty, represented the Purchaser.