Real Estate

“property tax bills to go out this week”

By Prince Of Petworth

Thanks to Terry for passing on

“The purpose of this event is to provide the Mt. Pleasant community with an in-person forum to learn more about their home value, the assessment process, and tax programs to reduce their tax bill. We feel this is a timely event because real property tax assessment notices are being mailed to District property owners this week. The event is scheduled to be held on Thursday, March 7 from 6:30 – 8:00pm. The presenters include:

Deputy Chief Financial Officer Keith Richardson
OTR Director of Operations Eva Liggins
Chief DC Appraiser Olufemi Omotoso
Tax Relief Specialist Jeffrey Toney

We will also have additional staff on hand in case attendees have other questions related to OTR. This is a great opportunity for OTR to directly engage with Mt. Pleasant”

“sold for 6 percent less than it was originally listed for”

By Prince Of Petworth

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: 320 Peabody St NW
Advertised Subdivision per Listing: Brightwood
Bedrooms: 4 Baths: 3.5 Parking: Detached 2 car garage Ownership: Fee simple
Original List Price: $749,000. List Price at Contract: $729,000.
List Date: 11/01/2018
Days on Market: 25
Settled Sales Price: $700,000.
Seller Subsidy: $0.
Settlement Date: 12/21/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here. (more…)

Talking Co-ops vs. Condos in today’s GDoN Revisited

By Prince Of Petworth

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: 3001 Veazey Terrace NW #1517
Advertised Subdivision per Listing: Van Ness
Bedrooms: 2 Baths: 2 Parking: Street Ownership: Cooperative
Square Footage per Listing: 1385 Monthly Co-op Fee: $1053.
Original List Price: $550,000. List Price at Contract: $531,000.
List Date: 9/29/2018
Days on Market: 81
Settled Sales Price: $520,000.
Seller Subsidy: $0.
Settled Price per Square Foot: $375.
Settlement Date: 12/14/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

So far in DC in 2018, there have been 430 co-op units sold, so they are fairly common here. Understandably, cooperatively owned units often get dismissed by prospective buyers due to four figure monthly fees. (Monthly co-op fees were brought up in comments on last week’s GDoN-R.) (more…)

“It seems people either love them or hate them.”

By Prince Of Petworth

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: 1336 4th Street, SW
Advertised Subdivision per Listing: River Park
Bedrooms: 4 Baths: 2 Parking: Rental parking Available On Site Ownership: Cooperative
Original List Price: $649,000. List Price at Contract: $649,000.
List Date: 10/11/2018
Days on Market: 21
Settled Sales Price: $635,000.
Seller Subsidy: $0.
Settlement Date: 12/7/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

Whereas everyone loves a Brookland bungalow, barrel top townhomes, located in SW DC’s Charles Goodman-designed River Park Mutual Homes community, get mixed reviews in PoPville. It seems people either love them or hate them. (more…)

Logan Condo Sold in 2011 and 2018 “Besides the price, what has changed?”

By Prince Of Petworth

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: 1447 Swann St NW, Unit B
Advertised Subdivision per Listing: Old City #2
Bedrooms: 2 Baths: 2 Parking: Rental parking Available On Site Ownership: Condo
Original List Price: $575,000. List Price at Contract: $575,000.
Square Footage per Listing: 752
List Date: 11/1/2018
Days on Market: 21
Settled Sales Price: $614,000.
Seller Subsidy: $0.
Settlement Date: 11/21/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

In 2011, PoPville looked at this exact unit when it was for sale for $449,995. Here is a link to that post and its 12 comments.

Besides the price, what has changed? (more…)

“True, it’s not quite Bloomingdale, not quite Brookland, not quite Eckington, and close to all three.”

By Prince Of Petworth

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: 2807 5th St NE
Advertised Subdivision per Listing: Brookland
Bedrooms: 3 Baths: 2 Parking: Detached 1 car garage Ownership: Fee simple
Original List Price: $624,900. List Price at Contract: $624,900.
List Date: 9/26/2018
Days on Market: 36
Settled Sales Price: $610,000.
Seller Subsidy: $0.
Settlement Date: 11/21/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

Edgewood. We’ve talked about this neighborhood before, as recently as September, and in April.

True, it’s not quite Bloomingdale, not quite Brookland, not quite Eckington, and close to all three. (more…)

“Are we crazy and should we just wait until our project is complete?”

By Prince Of Petworth


Photo by PoPville flickr user angela n.

“Dear PoPville,

My partner and I are under contract to purchase a home in Shaw and expect to close the 2nd week of December. We are planning a large renovation project before we move in and expect that process to take about 6 months. Currently, we own a condo in Bloomingdale that we plan on selling closer to when the renovation project is completed.

We recently received a letter from a real estate agent representing a potential buyer for our unit. (more…)

Building Home to Pho Viet USA For Sale in Petworth

By Prince Of Petworth


3713 New Hampshire Ave, NW

Ed. Note: So what’s the word on Pho Viet USA?

From Greysteel:

“47 Feet of Retail Frontage Across two Storefronts and Renovated 2 Bed 2 Bath Apartment

Opportunity to acquire a cashflowing mixed-use building across the street from Metro station entrance and with 47 feet of retail street frontage on two streets (more…)

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