Real Estate

“It did escalate in price and sold quickly”

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: 1011 Irving St NW
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 3 Baths: 3 Parking: Carport Ownership: Fee Simple Basement Yes, fully finished
Original List Price: $849,000. List Price at Contract: $849,000.
List Date: 9/4/2018
Days on Market: 8
Settled Sales Price: $863,888.
Seller Subsidy: $0.
Settlement Date: 10/1/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

Commenters to the original GDoN post were polarized on this listing. (more…)

Sold in Seven Days “We’re crossing state lines with this adorable bungalow”

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: 10 Hickory Ave
Legal Subdivision: Takoma Park
Advertised Subdivision per Listing: Takoma Park
Bedrooms: 2 Baths: 1 Parking: Street Ownership: Fee Simple
Original List Price: $485,000. List Price at Contract: $485,000.
List Date: 8/22/2018
Days on Market: 7
Settled Sales Price: $504,800.
Seller Subsidy: $0.
Settlement Date: 9/10/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

We’re crossing state lines with this adorable bungalow, since it got a good number of comments on the original GDoN post.

For those unfamiliar with Takoma Park, it is in Maryland across the north border from the NW DC neighborhood of Brightwood and the NE DC neighborhood of Riggs Park. It’s cute, has a little downtown commercial area with a food co-op and several locally owned restaurants and shops, and there’s a Red line Metro station.

As one commenter noted, real estate taxes are pricier in Montgomery County than in DC, and specifically in Takoma Park. (more…)

“While it is a bit of a sport in DC to argue neighborhood identity, from a real estate perspective this type of location presents a huge marketing challenge.”

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: 18 Rhode Island Ave, NE
Legal Subdivision: Brookland
Advertised Subdivision per Listing: Brookland
Bedrooms: 4 Baths: 2.5 Parking: Concrete Driveway Ownership: Fee Simple
Original List Price: $799,900. List Price at Contract: $799,900.
List Date: 7/14/2018
Days on Market: 8
Settled Sales Price: $810,000.
Seller Subsidy: $0.
Settlement Date: 9/04/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

Located 1 block into the NE quadrant, below Prospect Hill Cemetery, this large Victorian with three levels above grade, a basement, and parking, presents a bit of a quandary in terms of neighborhood identity. Although the legal subdivision is Brookland, this location is many blocks west of the large lots and single family houses generally associated with that NE neighborhood.

One block west, across North Capitol Street, is clearly identifiable as Bloomingdale. Literally across the street, to the south, from the other side of Rhode Island Avenue, is the Eckington neighborhood. The Stronghold neighborhood, per the Wikipedia entry, is just above, but has a south border of either Bryant or Franklin St NE.

While it is a bit of a sport in DC to argue neighborhood identity, from a real estate perspective this type of location presents a huge marketing challenge. (more…)

“I’m really intrigued by the idea of buying a mixed use property – rent to a business below, and live upstairs.”

By Prince Of Petworth


Photo by PoPville flickr user Josh

“Dear PoPville,

I’m slowly saving up a down payment to buy my first property. I really do not want to buy a condo, so will probably be looking for a small rowhouse. However I’m also really intrigued by the idea of buying a mixed use property – rent to a business below, and live upstairs. But I know nobody who has done a similar thing and that this is a small pool of properties within DC. I would love to hear from folks who have bought/own/manage mixed use properties.“

“As of this moment, there are 11 fee simple active listings with in-ground swimming pools.”

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: 4834 Blagden Ave NW
Legal Subdivision: Crestwood
Advertised Subdivision per Listing: Crestwood
Bedrooms: 4 Baths: 3.5 Parking: Detached Garage Ownership: Fee Simple
Original List Price: $1,299,000. List Price at Contract: $1,299,000.
List Date: 6/7/2018
Days on Market: 44
Settled Sales Price: $1,200,000.
Seller Subsidy: $0.
Settlement Date: 8/30/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

This is not the first Good Deal or Not Revisited (GDoN-R) with a pool, although likely the first with a salt water pool. (more…)

$818 Per Square Foot in Logan Circle

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: 1311 13th Street, NW #410
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 1 Baths: 1 Parking: On-site parking for rent Ownership: Condo
Square Footage: 703
Original List Price: $584,000. List Price at Contract: $579,900.
List Date: Originally listed for $614,900. in October 2017, with several price drops
Days on Market: 25 (most recent listing)
Settled Sales Price: $575,000.
Seller Subsidy: $0.
Settled Price per Square Foot: $818.
Settlement Date: 8/23/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

You can read about the pushback on this development from neighbors in 2013.

Pre-construction sales began in March 2016 for this 67 unit building near Logan Circle. (more…)

Today in Questionable Condo Names

By Prince Of Petworth

I mean it looks like a cool building but – Le Dupont? I never thought I’d pine for the days of naming by measures of temperature.

Their website says:

“luxuriously unique

le dupont, a new boutique collection of seven condominium residences in the sought-after historic neighborhood, Dupont Circle.

Be among the first to experience these richly appointed studio, one-bedroom, and two-bedroom residences tailored to best fit your lifestyle needs.”


1524 18th Street, NW

“Fifteen years ago, this stately over 6000 square foot detached house in 16th Street Heights listed for $725,000.”

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: 5700 16th St NW
Legal Subdivision: 16th Street Heights
Advertised Subdivision per Listing: 16th Street Heights
Bedrooms: 5 Baths: 3.5 Parking: Detached Garage Ownership: Fee simple
Original List Price: $1,575,000. List Price at Contract: $1,450,000.
List Date: Originally Listed 10/30/2017 Re-listed after some time off market and significant price reduction on 4/14/2018

Days on Market: 61 (most recent listing)

Settled Sales Price: $1,450,000.

Seller Subsidy: $0.
Settlement Date: 8/10/2018
Transaction type: Standard

Original GDoN post can be seen: here.

The original listing can be seen here: here.

Fifteen years ago, this stately over 6000 square foot detached house in 16th Street Heights listed for $725,000. The listing notes that multiple offers would be presented at the broker’s office (that’s the way it used to happen). It settled in late May 2003 for $760,000., which would have generally been a high price for a house in DC at the time.

Fast forward just two years later, when it next sold in late June 2005 for $1,212,5000., which was $37,500. less than asking. The interior pics from that listing are must see. Agents in DC were just starting to use digital cameras for additional pics.

From 2006 to 2008, the number of detached houses sold in 16th Street Heights declined from 44 in 2005 (which many DC real estate industry veterans would describe as a peak year) to 29 in 2006, 26 in 2007, and 26 in 2008. Prices, however, remained relatively stable.

Until 2009.

In 2008, the highest priced detached home sale in the neighborhood was $1,550,000. In 2009, the highest detached home sale was $815,000. Median net price dropped from $619,250. to $471,000.

Prices in the area began recovering and gaining upward momentum starting in 2012.

In 2017, the highest detached home sale in 16th Street Heights was $1,485,000., with a net median price for detached homes of $850,000. Year to date, the subject property is the highest detached sale in 2018, and net median price is up to $920,000. for detached homes in the legal subdivision of 16th Street Heights.

The listing agent for this transaction was Gail Milazzo with Long and Foster Real Estate Inc. Jennifir Birtwhistle, with Weichert, REALTORS, represented the Purchaser.

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