Support

GDoN Revisited by Hipchickindc

12thpl

In real life, hipchickindc is licensed as a real estate broker in the District of Columbia and Virginia, and as a real estate salesperson in Maryland.  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.  Information is deemed reliable but not guaranteed.

Featured Property: 2245 12th Pl NW

Original List Price: $479,000.

List Price at Contract: $479,000.

List Date: 3/21/2009

Days on Market: 18 (it took from April to late June to settle…perhaps because of tenants?)

Settled Sales Price: $474,500.

Settlement Date:  07/31/2009

Seller Subsidy:  $13,000.

Bank Owned?: No. 

Type Of Financing: Conventional Financing.  The loan amount shows up as $1,800,000., which I am guessing is a typo. 

Listing History: Last purchased when it was still painted white for $238,500. With a $500. Subsidy in 2001.  Prior to that sale, it changed hands in (pre-U Street development) 1992 for $125,950.

Original GDoN Post is: Here.

Recent Listing is: Here. To see more pics, click here for the virtual tour.

I’ve noticed that Good Deal or Not (GDoN) commenters tend not to be fans of small houses, but as one poster suggested, there are definitely people who don’t want to own a condo but also don’t want a lot of house to take care of. As mentioned by anothermous, this was the fifth sale on the block this year, which is certainly evidence of the desirability of the location. Comparable sales can be seen hereContinues after the jump.

In comments for last week’s GDoN-R, one reader asked if there was a comprehensive index for the DC real estate market.  DC real estate statistics are tracked by Metropolitan Regional Information Systems (MRIS) and they have recently released the report, “Trends in Housing at Mid-Year 2009” in collaboration with Delta Associates.  Being the eternal real estate optimist, I’d like to share some of my favorite quotes from the 28 page report.

From “Mid-Year 2009 Highlights”:

  • “The Washington area housing market has moved into the correction phase”
  • “The ratio of inventory to sales (months of sales) continues to decline in all jurisdictions from one year ago.  The metro-wide ratio of 5.1 months worth of listings is below the normal, healthy standard of 6 months, signaling that demand is beginning to outpace supply.”

From “The Washington Metro Condominium Market”:

  • “…new condo sales during the second quarter of 2009 were double the amount of the first quarter and reached above 600 units for the first time since the 3rd quarter of 2007.”

Recent Stories

From an email: “This month, I’ll be hosting free bike maintenance/repair classes and offering free basic bike repairs at the Adams Morgan Ace Hardware.

Thanks to Chris for sending this great shot from Harvard and Adams Mill. Friends of the White Whale Society is brought to you by the team behind Hawks*** around Town….

“Dear PoPville, What’s going on with Capital One Arena? How come so many artists are choosing CFG Bank Arena in Baltimore over the 6,000 extra seats at CapOne that has…

“This is Boop. She lives in LeDroit Park. She enjoys napping.” If you have any animal/pet photos you’d like to share please send an email to princeofpetworth(at)gmail(dot)com with ‘Animal Fix’…

Potomac Harmony is Back! Following a gap year of competing, then virtual rehearsals during the pandemic, followed by the well-earned retirement of our long-term director, a year of a director search, Potomac Harmony hit the regional contest stage in Concord, North Carolina in March for the first time since 2018! It was exhilarating, reaffirming, and rewarding!

The chorus hit all of its goals, the biggest of which was to have fun and sing our best on contest stage — we did both! Because we earned a score over 400 points, our new Director, Allison Lynskey, was awarded the Novice Director award, photo above. Additionally, one of our charter members, Jackie Bottash, was nominated for and honored with the Leadership Excellence award. It was a celebratory weekend!

What’s next? So much! We now look forward to upcoming performances, growing our membership, and expanding our musical product with new arrangements and an education component each week. It’s an exciting time to be part of this ever-growing ensemble!

Read More

Submit your own Announcement here.

Comedy Cabaret

Kick up your heels at Bad Medicine’s COMEDY CABARET extravaganza at the DC Improv Comedy Club on Tuesday, May 21st. Revel in the sights and sounds of this entertaining musical revue, with songs, dance and sketch comedy that will have

×

Subscribe to our mailing list