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Good Deal or Not? “Extensively Renovated Efficiency” edition (Owner Request)

This condo is located at 1816 Kalorama Road, NW:


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The flier says:

“AN OUTSTANDING LOCATION IN THE HEART OF THE ADAMS MORGAN COMMUNITY, CONVENIENT TO DUPONT, METRO, U ST CORRIDOR, & THE AMENITIES OF ROCK CREEK PARK. GORGEOUS AND EXTENSIVELY RENOVATED EFFICIENCY WITH GRANITE-ALL NEW APPLIANCES-CERAMIC TILE IN KT AND BATH-HARDWOOD FLOORS-LOW CONDO FEE-PET FRIENDLY BLDG-REPLACED WINDOWS-ELEGANT LOBBY-LAUNDRY IN BLDG TOO-AN INCREDIBLE VALUE”

You can find more info here and a virtual tour here.

The owner writes:

“The whole building was upgraded 3 years ago and has lots of high end finishes including a huge walk in closet with custom Elfa shelving and a floor to ceiling bookshelf. The condo fees are $162.77 and cover everything except electric (ie- building maintenance, gas, water, trash). It is steps from the L2 and all the 90 buses, as well as equidistant from U Street, Dupont Circle, and Woodley Park Metros.”

I do like the location. What do you guys think – does $224,500 sound reasonable?

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