Real Estate

Good Deal or Not? Fixer Upper Edition

By Prince Of Petworth

This home is located at 3546 Rock Creek Church Road, NW:


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The flier says:

“This single family home is waiting for your touches. Home is sold strictly as-is. Seller will make no repairs. Home features 3 possible 4 bedrooms 1 possible 2 full baths, parking in rear of yard, upper and lower entry to home. Large living room, separate dining room, partially finished basement. This is perfect for investors or contractors”

More info but sadly no photo found here.

I think this is a great location as it’s close to the Petworth Metro but also close to all the development on 11th Street. But for a clear fixer upper the asking price may be a bit high. Do you think $399,000 would be a good deal or not? What would be a more realistic price?

Good Deal or Not? One of my Favorite Doors Edition

By Prince Of Petworth

This condo is located at 1001 Otis Place, NW:


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The flier says:

“Fabulous Renovated Columbia Heights Condo with amazing 2000 sq ft, 2 bedrooms, 2.5 baths, Gas Fireplace, Designer Kit with Granite and Stainless App, Gorgeous Baths, Braz Rosewood Floors, Loads of Windows, Grand Cupola in Master Suite, W/ D, Open and Inviting. Bonus Sunroom could be third BR. Lovely garden. Very Close to 2 Metro Stops incl brand new Col Hghts Shopping District with Target-Giant!”

More info and photos found here.

Woah, 2000 square feet! And a sunroom… So, do you think $569,000 sounds reasonable? As always what do you think of the condo itself. I am a huge fan of the door…

DSCN6342

Good Deal or Not? Stairs Edition

By Prince Of Petworth

This home is located at 1116 Fairmont Street, NW:


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The flier says:

“This rowhome in the heart of the Columbia Heights / U Street Neighborhood boasts four bedrooms, three baths, separate dining room, living room, large gourmet kitchen with adjacent breakfast room, finished attic playroom / studio and a finished basement and 2 car GARAGE! Just steps 2 Metros, the U Street Corridor, new restaurants, bars, Target, DCUSA and the Tivoli Theater, enjoy DC at its finest.”

More info and a virtual tour found here.

This is an intersting one because it has 4 bedrooms at 2.5 bathrooms. And while I do dig the location I’m curious what you think of the price – $699,000. Good deal? What do you think of the house itself?

Good Deal or Not 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: 2017 Kalorama Rd NW #1

Original List Price: $594,900.

List Price at Contract: $475,000.

List Date: 09/05/2008

Days on Market: 94

Settled Sales Price: $450,000.

Settlement Date: 01/23/2009

Seller Subsidy: $1,650.

Bank Owned?: No

Recent Purchase and Re-Sale: No

Original GDoN Post is here.  Continues after the jump. (more…)

Final Update On DC’s Auction of Vacant Buildings

By Prince Of Petworth

In case you missed it, some readers sent a good round up earlier in the week. I just received an email:

“Not to beat a dead horse but here is a link for a PDF with all the prices for the homes at the auction.”

So for those curious about all of the properties auctioned you can find the sales prices here.

Good Deal or Not? Reader Request – Twin House and Another Crazy Price Reduction Edition

By Prince Of Petworth

This home is located at 753 Gresham Place, NW:


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The flier says:

“RENOVATED home in the heart of Columbia Heights. 3-levels (nearly 2,500) of finished living space. Features include wrap around porch, high ceilings, BEAUTIFUL HW floors, (newer) windows, large living room, dining area, upgraded eat-in kitchen, Jacuzzi bath tub, bathroom on every level, fully-finished basement with 1BR, 1BA, recreation area, washer/dryer, walk-out to back yard. Hurry, won’t last!!”

More info and a virtual tour found here.

The reader writes:

Interested in your and your readers’ thoughts on the area between Columbia Heights & Park View, south of Petworth–and I’m not sure what the hard boundaries of either neighborhood are considered. If I had to draw a rough outline, I’d say Sherman as the western border, Park Pl. as the eastern, Newton Place northern border, Euclid as its southern.

I guess that’s Park View and its southern end–I just don’t really know much about what the neighborhood is like. I saw a listing for a renovated 3 BR with finished basement on the 700 block of Gresham Place for $249k:

Which (unless it’s a terrible renovation that’ll end up costing $$$ in fixes down the road), seems like a pretty good deal. But to be honest, that area has always seemed like a bit of a wasteland. Is there anything going on on Sherman? Any development plans? Safety issues? I don’t expect any area in a big city to be 100% safe, of course, just more concerned with outright gang activity the way there is around Girard/Fairmont closer to Columbia Heights.

I guess this is a twofer–GDON and any info you or readers have on Park View/Eastern Columbia Heights.

Well, for $249,900 this seems like a great deal. It was originally asking $499,900. I happen to think this is a pretty good location not because of development on Sherman Avenue but because of it’s vicinity to 11th Street. On Sherman you have a nice coffee shop called Coco Libre but I’m not sure of any other projects coming up. However on 11th Street you of course have Wonderland, Red Rocks, Columbia Heights Coffee, and the upcoming Meridian Pint (bar/restaurant) and Room 11 (wine bar). So I’m going to go with good deal. What do you guys think?

Good Deal or Not? Some Serious Wed. House Porn Edition

By Prince Of Petworth

This home is located at 1716 Q Street, NW:


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The flier says:

“Classic Dupont Victorian of admired proportions. Celebrated living and dining rooms of formal taste. Professional grade kitchen (Viking, Subzero) with eat-in area. Lush master suite occupies entire third level with cathedral ceilings, two walk-ins, and dressing room. Separate lower level in-law suite. Expansive rear patio. 2-Car Parking garage. 7 fireplaces, 4 B /3.5 BA.”

More info and a sick virtual tour found here.

Wow, this house is pretty ridiculous. 7 fireplaces? Did you see the deck? Nice. And it can be yours for $2,395,000. But obviously for these house porn editions I’m more interested to know what you think of the house itself?

January Home/Condo Sales

By Prince Of Petworth

Thanks again to DC realtor Kevin Wood for compiling this list of home/condo sales for zip codes – 20011, 20010, 20009 and 20001. Click below on “January Sales” for the full list in pdf format. Please let me know if there are other zipcodes you’d like included in future home sales reports.

January Sales

Good Deal or Not? Reader Request, Crazy Price Reduction Edition

By Prince Of Petworth

This home is located at 4600 13th Street, NW:


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The flier says:

“Subject To A Potential Short Sale–One Bank. Professionally Negotiated. “Welcome To Your Potential Kingdom!”Space, Space and More Space!This lovely sun-filled with lots of charm & character has 6BRS. 3FBS. ,detached garage, english bsmt. w/ in-law suite plus so much more. Renovation work was started and it’s ready for your final touches. .. this is a great buy!Submit an Offer Today!”AS-IS Condition.”

More info and photos found here.

A reader writes:

“6 bedrooms, three full baths at the corner of 13th and Buchanan St, N.W. in 16th Street Heights for $349,900. This place is gigantic. Looks like lots of work to be done. Maybe too much. The link has lots of pictures and info. Apparently the renovation has already begun.”

The original asking price was $565,250. So for a house this size do you think $349,900 sounds reasonable given the state it’s in?

Good Deal or Not? Haunted Edition

By Prince Of Petworth

Last week a reader asked why the prices at the Chastleton, located at 1701 16th Street, NW, were so reasonable. Their Web site says the units are available from “the upper $100’s to the upper $400’s”. Lots of info, history and pictures found here.

While the range is a bit large do you think these sound like reasonable prices for such a prime location? Who knows the haunting history?

They do have a sweet doorway:

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