Thanks as always to DC realtor Kevin Wood for compiling this monthly list of home/condo sales for PoPville. Click below on “October 2017 Sales” for the full list of sales in PDF and excel formats.
Real Estate
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 MRIS (Metropolitan Regional Information Systems), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 1500 Lawrence St NE
Legal Subdivision: Brookland
Advertised Subdivision per Listing: Brookland
Bedrooms: 3 Baths: 1 Parking: Offstreet parking Ownership: Fee Simple
Original List Price: $549,000. List Price at Contract: $549,000.
List Date: 9/13/2017 Days on Market: 34
Settled Sales Price: $545,000.
Seller Subsidy: $0.
Settlement Date: 10/24/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
The subject property is a detached home on a 3742 square foot lot, with several mature trees, in the NE DC neighborhood of Brookland. The $549,000. list price reflected current condition, and that the home had a single full bathroom, no central air conditioning, and an unfinished basement. (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 MRIS (Metropolitan Regional Information Systems), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 23 N Street, NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 5 Baths: 4.5 Parking: Off Street, Garage Door Opener Ownership: Fee Simple
Original List Price: $1,250,000. List Price at Contract: $1,250,000.
List Date: 9/21/2017 Days on Market: 4
Settled Sales Price: $1,250,000.
Seller Subsidy: $0.
Settlement Date: 10/19/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
This Victorian rowhome is located on the same block as the former Brass Knob Warehouse/future Republic Cantina/Chapman Stables condos. Within recent years, nearby Dunbar High School has been completely re-built and NOMA continues to take shape. Positioned at the south end of the neighborhood, the property is close to both New York Ave and the 3rd Street Tunnel (great spot for a reverse commute). (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 MRIS (Metropolitan Regional Information Systems), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 2438 2nd St NE
Legal Subdivision: Brookland
Advertised Subdivision per Listing: Brookland
Bedrooms: 3 Baths: 2.5 Parking: Street Ownership: Fee Simple
Original List Price: $549,000. List Price at Contract: $535,000.
List Date: 9/7/2017 Days on Market: 11
Settled Sales Price: $545,000.
Seller Subsidy: $3000.
Settlement Date: 10/18/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
Although only on the market for eleven days, the listing underwent a price reduction from the original $549,000. to $535,000. This quick improvement had its desired effect of catching the attention of presumably more than one interested buyer, sending the settled price relatively close to the original ask (at net $542,000.)
So far into 2017, there have been a total of 23 sales of fee simple houses in the Edgewood neighborhood, which overlaps the legal subdivision of Brookland in NE DC. The neighborhood is within blocks of higher priced Bloomingdale, as well as Red line Metro. (more…)
Thanks as always to DC realtor Kevin Wood for compiling this monthly list of home/condo sales for PoPville. Click below on “September 2017 Sales” for the full list of sales in PDF and excel formats.f sales in PDF and excel formats.
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 MRIS (Metropolitan Regional Information Systems), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 90 O St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 3 Baths: 1 Parking: Street Ownership: Fee Simple
Original List Price: $850,000. List Price at Contract: $850,000.
List Date: 7/10/2017 Days on Market: 40
Settled Sales Price: $750,000.
Seller Subsidy: $0. (listing data said $100k, but spoke to listing agent who verbally confirmed it was an error)
Settlement Date: 10/05/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
The original GDoN post for this property had no comments, which is unusual. Understandable, though, as it’s kind of an outlier listing. I call these “Resi-mercial” deals, which are sales that are too small for the commercial agents, and small enough for potential residential use. They tend to be listed by primarily residential agents. (more…)
Thanks to Janette for sending:
“$1.2M for a shell of a house on Benning road. “Bring flashlight.” Think it’ll go above asking?”
It’s located at 1810 Benning Rd, NE and the full listing for this 3 bed/3 bath going for $1,200,000 says:
“Perfect opportunity to own in the H St corridor area, Metro within 1 block, walk to Atlas Performing Arts Ctr, restaurants, and much more, walk/bike to Cap Hill & National Arboretum, major development underway all around, shell, bring flashlight, make 1810 yours then live in one and rent two! Seller reserves the right to accept or reject offer.”
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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 MRIS (Metropolitan Regional Information Systems), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 1702 Lamont St NW
Legal Subdivision: Mount Pleasant
Advertised Subdivision per Listing: Mount Pleasant
Bedrooms: 5 Baths: 3.5 Parking: Street Ownership: Fee Simple
Original List Price: $1,295,000. List Price at Contract: $1,295,000.
List Date: 8/29/2017 Days on Market: 9
Settled Sales Price: $1,330,000.
Seller Subsidy: $0.
Settlement Date: 10/02/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
Not only do we have Before pics, this house was a GDoN post here on PoPville in 2010. (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 MRIS (Metropolitan Regional Information Systems), which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 1508 E Street, SE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Old City #1
Bedrooms: 2 Baths: 2.5 Parking: Street Ownership: Fee Simple
Original List Price: $775,000. List Price at Contract: $775,000.
List Date: 7/21/2017 Days on Market: 4
Settled Sales Price: $820,000.
Seller Subsidy: $0.
Settlement Date: 9/22/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
Every once in a while, a house’s re-visit turns up a history of a number of sales within a span of time. These can be useful to look at as an individual case study of the rapid shift in affordability in the District.
You can also see the history of technology within the multiple listing system, which has been around in its current form since the mid-1990’s. For example, earlier listings will have pics taken by the MRIS photographer of the front exterior days after a property hit the market. Agents didn’t have digital cameras, let alone smart phones, back then. The 2007 listing is the first one with more than a single image. Check out the difference in the photos from 2007 compared to 2011. Then go look at the pics for the current listing.
Available sales history for the subject property: (more…)
Wowza. Thanks to Haile for sending this update on GDoN “Clean out of property will be the responsibility of the Purchaser” edition at 6914 Willow Street, NW.
Asking price for this 2 bed/2 bath was $505,000. It sold for $561,000.
Stay tuned for the relisting if it’s a flip.