Thanks to Caitlin for sending this listing at 1125 12th Street NW. Good lord. The Bright MLS listing says:
“Former 3 bedroom and 2 bath condo on the basement level. Fantastic location: near restaurants, metro and shopping! Sold strictly AS IS. Condo fees estimated.”
You can see more photos here.
And it’s all yours for $335,900.
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 Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 3204 Rowland Pl NW
Legal Subdivision: Cleveland Park
Advertised Subdivision per Listing: Cleveland Park
Bedrooms: 4 Baths: 4 Parking: Garage, Driveway/Off Street Ownership: Fee Simple
Living Square Footage per Listing: 2650 square feet Lot Sq Ft: 9240
Original List Price: $2,500,000. List Price at Contract: $2,500,000.
List Date: 1/11/2018 Days on Market: 14
Settled Sales Price: $2,225,000.
Seller Subsidy: $0.
Settlement Date: 3/15/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
A few weeks ago, GDoN-R looked at the mega high end of the DC real estate market. Those were properties over $5 Million and represent less than 1% of total settled sales.
Of the nearly 150,000 real estate transactions in the District of Columbia in 2017, the $2-$3 Million market also represents a small (still less than 1%) percentage of the overall market. (more…)
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 Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 1415 Aspen Street, NW
Legal Subdivision: Brightwood
Advertised Subdivision per Listing: Brightwood
Bedrooms: 3 Baths: 3.5 Parking: Street Ownership: Fee Simple
Living Square Footage per Listing: 2065
Original List Price: $729,900. List Price at Contract: $729,900.
List Date: 2/1/2018 Days on Market: 4
Settled Sales Price: $741,500.
Seller Subsidy: $0.
Settlement Date: 3/5/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
Located right next to the future Walter Reed development, and across 16th Street from Rock Creek Park, this detached home sold 1.59% above list price.
Last sold in basically the same condition (the half bath in the lower level appears to have been changed to a full) just over two years ago in January 2016 for net $650,250., the property gained appreciation of 14%. According to Neighborhood Scout, which provides data for real estate, annual appreciation in DC since 2000 has been around 7.65% per year.
There are currently a total of eight detached fee simple homes for sale in the Brightwood neighborhood, which includes this area adjacent to Rock Creek Park and spans across Georgia Ave NW to North Capitol Street. They range in list price from $490,000. to $1,299,000.
The listing agents for this transaction were Casey Aboulafia and Kristen Johnson with Compass (per disclosure above, the writer is affiliated with the same brokerage). Jaime Willis, also with Compass, represented the Purchaser.
Thanks as always to DC realtor Kevin Wood for compiling this monthly list of home/condo sales for PoPville. Click below on “February 2018 Sales” for the full list of sales in PDF and excel formats.
Photo by PoPville flickr user John Sonderman
“Dear PoPville,
Looking for some crowd sourcing advice. We have been renting in SW for years and are looking to buy. We’re priced out of SW for a place with any semblance of a yard (budget is $525,000 and under) so we have turned to Historic Anacostia. We had selected a 4 bedroom (priced at $450,000) on 17th and W but we lost it when we got wishy washy as to whether that area of Anacostia was really a solid investment for property values and someone else swooped in and grabbed it.
We are looking for a place that we can live in for 2-3 years and then rent out when we relocate to be closer to family.
Where should we be looking? What advice do you have for first time homebuyers who are second guessing home buying due to feedback from our families?”
via realtor.com
“Dear PoPville,
This listing is way outside of the DMV but thought readers would enjoy a look at “Lion Gate Estate”. Like our mom’s always told us, “You have to look inside to see what really counts”.
Oh My God. hahaha
The listing says:
via realtor.com
“Unique barely begins to describe this one of a kind Grixdale Farms estate. Every aspect of “Lion Gate Estate” has been articulated with painstaking attention to detail and mind blowing decorative flair. Too many custom features to list! Highlights include heated swimming pool with outdoor shower and cabana. Custom two car garage with hand painted automotive murals. Finished basement with billiard room and entertainment area. Fenced in yard with fountains and statuary. Sale includes full contents of the house, including Kohler Campbell baby grand player piano, mint condition Frigidaire kitchen appliances c. 1950. One of a kind custom built 1966 Cadillac Fleetwood Sedan, One of a kind custom built 1974 Lincoln Mark IV Coupe, Custom pool table, countless automotive relics and artifacts. Once in a lifetime offering. 48 hours notice and proof of funds mandatory for showings. Property sold AS IS, BATVAI. Only shown on sunny days.”
You can, and absolutely MUST, see more photos here. 450 W Grixdale, Detroit, MI is yours for $550,000.
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 Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 405 O St NW #2
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 3 Baths: 3 Parking: Street Ownership: Condo Monthly fee: $284.94
Living Square Footage per Listing: 1690 square feet
Original List Price: $849,900. List Price at Contract: $849,900.
List Date: 1/19/2018 Days on Market: 5
Settled Sales Price: $885,000.
Seller Subsidy: $0.
Settled Price per Square Foot: $524.
Settlement Date: 2/28/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
Last week, GDoN-R reported on the sale of a duplex condo in Columbia Heights/Park View that settled with a $503. price per square foot. The subject property of this post is also an upper duplex condo in NW DC, located further south and east (in Shaw near the O Street Market Development) in relation to last week’s, and sold at $524. per square foot. While it might not seem like much of a difference, that extra $20. or so per square foot can mean a few tens of thousands of dollars to the Seller. (more…)
1436 A Street, NE via Redfin
“Dear PoPville,
Honest opinion…Am I overpaying for this place? I am kinda freaking out and would love your opinion.”
The Redfin listing for 1436 S Street, NE says:
“Beautifully appointed home near Lincoln Park. Features 3 bedrooms/2 baths, marble & stainless kitchen open to dining rm, new windows, original pine floors, new deck with projection screen for outdoor movie night, paved garden, family rm in basement, wet bar, storage galore & more. Near Capitol Hill & H St entertainment & shopping, Metro & Capital Bikeshare. Make this your forever home!”
You can see more photos here.
This 3 bed/2 bath was listed at $979,000.
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 Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 777 Morton St NW #1A
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 2 Baths: 2.5 Parking: Assigned Ownership: Condo
Living Square Footage per Listing: 1520 square feet
Original List Price: $899,000. List Price at Contract: $849,000.
List Date: 10/22/2017 Days on Market: 100
Settled Sales Price: $785,000.
Seller Subsidy: $0.
Settled Price per Square Foot (adjusted for parking): $503.
Settlement Date: 3/01/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
PoPville reported on the plans to develop Morton Street Mews back in 2014. As commenters to that 2014 post mention, the original church was designed by architect William Sidney Pittman. The church and parking lot became the recent condo ownership development, of three buildings of 24 two and three level units, designed by GPS Designs and developed by OPaL LLC. (more…)
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 Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 2430 Wyoming Ave NW
Legal Subdivision: Kalorama
Advertised Subdivision per Listing: Kalorama
Bedrooms: 6 Baths: 7.5 Basement: Fully Finished Parking: Detached Front Loading Garage Ownership: Fee Simple
House Living Square Footage per Listing: 6770 square feet
Original List Price: $9,975,000. List Price at Contract: $9,975,000.
List Date: 9/26/2017 Days on Market: 141
Settled Sales Price: $9,000,000.
Seller Subsidy: $0.
Settlement Date: 2/28/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
In 2017, there were a total of 18 residential properties that changed hands and settled for over five million dollars. All properties sold over $5M in DC last year were located in the Northwest quadrant. Two of these sales were of condo units (one at $6.5M and the other at $8.4M).
Trump effect? The end of DC real estate as we know it? Not exactly. (more…)