Real Estate

“Brookland bungalows get a lot of love on PoPville” This one sold in 8 days

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: 1507 Irving St NE
Legal Subdivision: Brookland
Advertised Subdivision per Listing: Brookland
Bedrooms: 3 Baths: 3 Parking: Driveway/Offstreet Ownership: Fee Simple Basement Yes, fully finished
Original List Price: $799,000. List Price at Contract: $799,000.
List Date: 9/4/2018
Days on Market: 8
Settled Sales Price: $800,000.
Seller Subsidy: $0.
Settlement Date: 10/12/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.

The 10 comments on the original GDoN post were nearly unanimous in opinion. This house (and Brookland in general) is seriously Cute.

Brookland bungalows get a lot of love on PoPville. Here are some previous GDoN-Revisited posts about them: (more…)

“In real estate, Expectation is Everything.”

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: 2045 Rosemont Ave NW
Legal Subdivision: Mount Pleasant
Advertised Subdivision per Listing: Mount Pleasant
Bedrooms: 3 Baths: 2 Parking: Carport Ownership: Street Basement Yes, fully finished (there’s also attic space)
Original List Price: $1,065,000. List Price at Contract: $1,065,000.
List Date: 9/6/2018
Days on Market: 5
Settled Sales Price: $1,050,000.
Seller Subsidy: $0.
Settlement Date: 10/5/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.

The 18 comments on the original GDoN post reflect a bit about expectations for houses priced over $1,000,000.

“For being over $1 million, I’m very underwhelmed”

“At this price, I would expect the kitchen to be twice as large.”

“I’d be bummed to not have parking for over $1mil”

In real estate, Expectation is Everything. (more…)

“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…)

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