Real Estate

Good Deal or Not? Dueling Dupont Condos Edition

By Prince Of Petworth

These condos are located at 1728 (left side of photo) and 1730 (right side of photo) New Hampshire Ave, NW:


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The flier for 1730 says:

“Here’s your chance to live in a 1922 Beaux Arts mansion on one of the most elegant blocks in Dupont. This lovely boutique bldg offers this 1BR/1BA 2-level apt w/ 12x12ft roof deck w/ vistas of Adams Morgan & Dupont. Unit features fp, hardwood floors, W/ D, granite counters, walk-in closet & many more features. Contracts need 3rd party approval. Estate Sale-Sold as Is Use short sale add”

More info and photos found here.

The flier for 1728 says:

“Simply gorgeous 1BR condo in historic boutique bldg. Seller spared no expense – remodeled kit w/ blk granite countertops & glass tiled back splash, high end appliances, granite flrs in Kit/LR, lrg MBR w/ walk-in closet, remodeled BA, walkout to patio, laundry rm across hall, condo fee incl utilities. Extra storage. Lovely Dupont neighborhood. Not a short sale/foreclosure. Option to buy furnished.”

More info and photo found here.

I’m curious about these two because they are both 1 bed 1 bath, both in super cool buildings, and right next door to each other. 1728 is going for $349,900 and 1730 is going for $379,000. Either seem reasonable? Which do you prefer? Of course one has a roof deck…

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: 3516 10th St NW

Original List Price: $699,900.

List Price at Contract: $489,900.

List Date: 7/25/2008

Days on Market: 187

Settled Sales Price: $465,000.

Settlement Date: 03/31/2009

Seller Subsidy: $10,000.

Bank Owned?: YES

Type Of Financing: Conventional

Listing History: There was no old listing to be found and no info in the public record so this had probably been last purchased some time ago.

Original GDoN Post is:Here.

Recent Listing: Here.

The Prince’s original title for this Good Deal or Not (GDoN) was “Another Fixer Upper Edition?” There were just too many other good titles, though. I seriously considered “Brave Buyer Edition”, or maybe “Only in DC Edition”, or maybe even “Why Real Estate Agents Don’t Make Enough for What They Do in DC Edition”.

Ben Puchalski with Keller Williams Capital Properties, the listing agent for this property, was kind enough to relate the whole gory tale of the transaction. For those who have absolutely no idea what I am talking about, this property was both a foreclosure AND was occupied by SIX tenants. Transactions involving tenants in DC can be extremely challenging due to extremely tenant-friendly laws and require many more steps than an owner-occupied or unoccupied property.

I make the point that the buyers were very brave indeed in that apparently, they are planning to live in the property but went to settlement with the tenants still there. If the tenants decided to not cooperate, as anyone knows who has tried to remove a non-paying tenant in DC, it would be many months of paying the mortgage but still not being able to live there. Hopefully, all will work out.

Sorry, I got so wrapped up in the tenant issues, I forgot whether this was a GDoN. Actually, for the location and size of the property (this house is huge), even though it will need work, I think the buyers did pretty well for themselves.

 

Good Deal or Not? Dignity Edition

By Prince Of Petworth

This home is located at 212 P Street, NW:


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The flier says:

“Charm, Dignity, & Character best describe this Meticulous Renovation! Lrg House or 2 Sep Units -Upr Unit(3BD, 2.5BA, 2Lvls, GourmetKit w/ maple cabinetry, top-of-the line ss appls, fpl, hwd floors. Mstr Suite w/ skylights and luxurious ba w/ jetted tub, jetted shwr, bidet, dbl sinks). Lwr Unit(1BD, 1.5BA, LR/DR combo, Sep Kit w/ corian counters) Deck + CvrdPrkg”

More info and photos found here.

This is a serious renovation edition. Not a lot of original details seemed visible from the photos but I did like the exposed brick walls. The asking price has dropped from $649,000 to $599,000. Seem reasonable?

Good Deal or Not? Weekly Wed. House Porn Edition

By Prince Of Petworth

This house is located at 1520 R Street, NW:


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The flier says:

“This stunning 1885 five level, bay-front townhome is perfect for elegant entertaining. With careful attention to every detail, this home boasts soaring ceilings, a grand reception hall, exquisite millwork, multiple fireplaces w/ antique mantles, Granite, SS kitchen and a self-contained In-Law/ Aur Pair Suite. Property Conveys in AS IS condition.”

More info and a killer virtual tour found here.

So for those of you who like original details, you are gonna love this. Holy cow, check out the fireplace and mantle on the first floor. As with all house porn let me know what you think of the house but for the curious it’s yours for $1,999,000.

Good Deal or Not? “Pristine” Edition

By Prince Of Petworth

This condo is located at 1740 18th Street, NW:


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The flier says:

“Pristine condo in prime Dupont. Completely renovated in 2006 with wide-plank maple floors, generous crown mouldings and recessed lighting. Kitchen with granite and stainless. King-size master bedroom with walk-in closet. Second bedroom that can actually accommodate a queen-size bed! Washer/Dryer in unit. Small boutique building in an amazing location. Walk to shops & metro.”

More info and photos found here.

I thought this one would be interesting to look at because it is similarly priced to yesterday’s GDoN. Of course this one is a condo and not exactly in the same neighborhood. Plus this one has two full baths. Does $509,000 seem reasonable?

Good Deal or Not? Mini House With Some Serious Charm Edition

By Prince Of Petworth

This house is located at 1814 Vermont Ave, NW:


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The flier says:

“Close to Metro and U-Street/Logan, light-filled, condo alternative, updated kitchen, granite countertops, hard wood floors throughout, historic row house with beautifully landscaped front and back patios, two parking spots, custom elfa shelves & lots of great features.”

More info and photos here.

Now this is a small house at 2 beds/1.5 baths but before you judge it you have to take a look at the photos. They seems pretty sweet. Lots of nice detail here. Given the charm and the size do you think $530,000 sounds reasonable for this home?

Good Deal or Not? Complete Renovation Edition

By Prince Of Petworth

This home is located at 425 Irving Street, NW:


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The flier says:

“3 levels of fully finished space, completely renovated from top to bottom and nothing spared as part of this spacious and spectacular renovation. Hardwood floors throughout, a spectacular kitchen with an amazing backyard for all those great Summer parties coming up. From here you have amazing Metro & bus access to around the city. Park the car and kick up your feet!Open House 4/19/09 1-5pm”

More info and a virtual tour found here and the home’s Web site found here.

I’m always curious to hear what you guys think of complete renovations. Does $445,000 sound reasonable?

Good Deal or Not? Another Modern Edition

By Prince Of Petworth

This home is located at 2131 10th Street, NW:


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The flier says:

“Stylish 2-Level 2BR/2.5BA condo in hip U St! Features GARAGE PARKG, chef’s kitch (SUBZERO fridge, WOLF range, MIELE dwasher, MARVEL wine cooler, ample cabinetry), gorgeous baths, in-unit BOSCH w/ d, HARDWD flrs, recessed/custom lightg, dramatic staircase, firepl, extra STORAGE! Only blks to U St Metro/restaurants/etc. APPT ONLY – Tues/Wed afternoons are best! Nice tenants & dog leaving soon!”

More info and a virtual tour found here.

This modern condo is just up the block from another modern building we looked at last week. Well, this one is a bit smaller but it has an interesting layout. What do you think of both the inside and the outside? It can be yours for $599,000.

Good Deal or Not? Weekly Wed. House Porn – Penthouse Edition

By Prince Of Petworth

This home is located at 2619 Garfield Street, NW:


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The flier says:

“Dazzling light filled space with customized high end finishes. Sophisticated European design includes Porcelanosa cabinets, Bosch and Subzero appliances, hardwood floors and state of the art wiring incl ipod docking station. Wet bar beverage area leads out to over 600 sq feet of private roof terrace. Two short blocks to Woodley Metro.”

More info and some great photos here.

This is the first street I ever lived on when I moved to DC in 1997. Sadly, my apartment looked nothing at all like this one. So what do you think of the renovations? It can be yours for $1,250,000.

Good Deal or Not? If It Were Only The Original Asking Price Edition

By Prince Of Petworth

This home is located at 5213 13th Street, NW:


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The flier says:

“THIS IS A SHORT SALE WILL PRESENT ALL OFFERS TO LENDER ASAP FOR FASTER APROVAL ( SUBJECT TO THIRD PARTY APPROVAL )PARKING FOR 6 TO 7 CARS ON THE BACK IT SHOWS WELL. NEEDS COSMETICS ATTENTON. RENOVATED IN 2004, GRANITE CUNTERTOP, MAPLE CABINETS, STAINLESS STEEL APPLIANCES. OAK HARDWOOD FOORING DECK (WITH TREX)FENCE ALL AROUND AND MUCH MORE.”

You can find more info here.

An eagled eyed reader sent this one to me. It appears there was a typo and the original price was listed at $260,000. But the actual price is $560,000. It looks like a pretty sweet house. But this one will be tough to judge because it’s lacking inside photos. If we trust the description as accurate – do you think this sounds like a reasonable price? If anyone lives near here – how are the public schools?

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