Real Estate

Good Deal or Not? Dueling Renovations on Flagler Place

By Prince Of Petworth

These homes are located right next door to each other at 2130 and 2132 Flagler Place, NW:


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The flier for 2130 says:

“Quality renovated Victorian on much desired quiet St in historic LedroitPk. Charm & convenience are everywhere in this beautiful warm blend of light, space, wood, brick & flow. Gourmet kit/open lr-dr w/ fpl/3-4br/3.5 BA/exp’d brick/lg media rm/deck/prof lands’d garden+secure pkg. Finished Lr lev could be sep. Stroll to Metro/shopes/cafe/frs. markt.”

More info and photos found here.

The flier for 2132 says:

“Complete Renovation in 2008. OVER 200K! Home separated into 2 units. Indonesian Cherry Floors, Granite Countertops, Maple Cabinets, Luxury Master Suite and 2 full bathrooms upstairs. Fully finished English Basement with ceramic tile and gourmet kitchen. (2BR/1BA) Exposed Brick walls on all levels. 2 private patios and garage parking in rear. True craftsmanship as you walk throughout the home.”

More info and photos found here.

I’m curious which you like better. What do you think of the renovations? 2130 is going for $584,900 and 2132 is going for $600,000. Do either sound reasonable?

GDoN Revisited by Hipchickindc

By Prince Of Petworth

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: 5730 1st St NW

Original List Price: $469,000.

List Price at Contract: $459,000.

List Date: 12/27/2008

Days on Market: 99

Settled Sales Price: $462,500.

Settlement Date: 05/28/2009

Seller Subsidy: $15,000.

Bank Owned?: No

Type Of Financing: FHA

Listing History: Last purchased in December 2007 for $410,000. & a $12,300. Subsidy. Prior to that, it changed hands in July 2003 in AS IS condition for $269,999.

Original GDoN Post is: Here.

Recent Listing is: Here. To see interior pics, click on camera icon at top left after you open the link.

If one were to spend much time analyzing Prince of Petworth Good Deal or Not (GDoN) comments, it would quickly become apparent that there are three basic categories of real estate in the District of Columbia. The most common one is the you

Good Deal or Not? “Gleaming Totally Redone Rowhouse” Edition (Reader Request)

By Prince Of Petworth

This home is located at 537 Kenyon Street, NW:


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The flier says:

“Gleaming totally redone rowhouse w/ legal sep unit able to bring up to $1K/mo in rent! Granite/SS breakfast bar kit, sunroom, 2-car off-street parking, deep yard. Great, modern baths, good closets + light! Sep unit w/ own entrances, SS kit, gorg granite bath, good light. In middle of CH/Petworth commercial districts! GREAT PRICE – WOW!”

More info and photos found here.

This looks like a nice reno. I dig the kitchen and am intrigued by the backyard. What do you guys think of the house? I wonder if the legal separate unit can really bring in $1k per month? Does $475,000 sound reasonable for this 4 bed 2.5 bath house?

Good Deal or Not? Weekly Wed. House Porn (Reader Submitted)

By Prince Of Petworth

This house is located at 1830 13th Street, NW:


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The flier says:

“This 5BD/4.5BA renovated Victorian row home is one of Logan Circle’s most prestigious properties. Four expansive levels of lavish living space, gourmet kitchen, luxurious master suite, dining room, gorgeous fireplaces & hardwood floors, lower level in-law suite, and outdoor space. Also includes secure off-street 2 car pkg.”

More info and amazing photos found here.

Oh man, sweet house on a sweet street. Check out the fourth photo of the top row. Incredible! What’s your favorite part of the house? It can be yours for $1,495,000.

Good Deal or Not? Realtor Request Condo Edition

By Prince Of Petworth

This condo is located at 1117 10th Street, NW:


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The flier says:

“Spacious 7th floor 1 bedroom near convention center/downtown. Floor to ceiling corner windows and balcony with lots of light and gas stove! Great location: 3 blocks to metro (green/yellow), and walking distance distance to red line (Chinatown), Dupont and Logan circles, and National Mall. Pet-friendly with front desk, common rooftop deck, garage parking, and storage included.”

More info and photos found here.

I’ve always been a big fan of this building. It’s the building that has two parts, one of which we’ve judged in the past. I also think this is a pretty solid location. Do you think this 1 bed/1 bath with parking sounds reasonable for $384,000?

Ed. Note: From time to time I get reader or realtor requests but I only post if I genuinely find them interesting.

Good Deal or Not? Interesting Location Edition

By Prince Of Petworth

This home is located at 2327 Sherman Ave. NW:


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The flier says:

“Awesome Condo Alternative!! Beautiful renovation of this 2Br 2.5Ba semi-detached TH. Features include hardwood flrs, crown mouldings, tray ceiling, separate living & dinning areas, Gourmet kitchen w/ granite, ss appls. ,jacuzzi tubs, skylights and much more. Park your car in the rear w/ rolldown garage. You are only steps to Metro, BusBoys & Poets, Yes Organic Mkt and all the buzz of U st.”

More info and a virtual tour found here.

I’m interested to hear what you think of the location for this home. It’s a very interesting spot on Sherman Ave. It feels pretty isolated but is actually quite close to Florida Ave. and the U Street spots. I wonder what you think about the walk from the metro? And of course what do you think of the home and renovations? Does $449,500 sound reasonable?

Good Deal or Not? Gutted Victorian Row House Edition

By Prince Of Petworth

This home is located at 4225 8th Street, NW:


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The flier says:

“Victorian Rowhouse gutted & transformed into 2 fabulous 2-level units. This is the UPPER unit & consists of the front half of the 2nd flr & the entire 3rd flr. 3BR(2BR+sep. 9’x10’den w/ skylight)/2.5BA & approx. 1,440′. Everything is new. Hwd Flrs, high ceilings, HVAC, alarm system, wired for surround sound, good closet space, granite & SS, full sized w/ d & PKG included! 10% down w/ BB & T & Wells.”

More info and photos found here.

I remember looking at these homes when they first were renovated. I think this whole section of 8th Street, NW was renovated by the same group. As I’m dealing with some house issues right now (more on that later) I’m starting to get envious of these renovated ones. This unit is going for $413,900. Unit 1 is going for $388,000. Do you think unit 2 is worth around $25k more than #1? Do you like the renovation?

GDoN Revisited by Hipchickindc

By Prince Of Petworth

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: 428 Taylor St NW

Original List Price: $240,000.

List Price at Contract: $197,900.

List Date: 01/06/2009

Days on Market: 87

Settled Sales Price: $225,000.

Settlement Date: 05/19/2009

Seller Subsidy: $5000.

Bank Owned?: Yes

Type Of Financing: FHA 203(k)

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