Thanks as always to DC realtor Kevin Wood for compiling this monthly list of home/condo sales for PoPville. Click below on “November 2017 Sales” for the full list of sales in PDF and excel formats.
Real Estate
Ed. Note: The Washington Business Journal reported that this was John McLaughlin‘s house, RIP.
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: 3116 Woodland Dr NW
Legal Subdivision: Massachusetts Avenue Heights
Advertised Subdivision per Listing: Massachusetts Avenue Heights
Bedrooms: 4 Baths: 4.5 Parking: Attached 2 Garage Ownership: Fee Simple
Lot size: 17,581 square feet
Original List Price: $2,495,000. List Price at Contract: $2,495,000.
List Date: 7/3/2017 Days on Market: 8
Settled Sales Price: $2,625,000.
Seller Subsidy: $0.
Settlement Date: 12/1/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
The average sale price in 2017 in the Mass Ave Heights neighborhood, near the Cathedral, Garfield Street, and the Vice President’s mansion, is over $5,000,000. The subject property, which is a 1955 detached home on a nearly half acre lot, is a bit of outlier, and not just because at a $2.5 Million list, it was priced at the low end of the neighborhood.
This sale is notable within the price point because it not only went under contract within eight days, it sold more than 5% above the list price. (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: 1019 15th Street, SE
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 3 Baths: 1 Parking: Paved Driveway Ownership: Fee Simple
Original List Price: $649,000. List Price at Contract: $649,000.
List Date: 9/23/2017 Days on Market: 11
Settled Sales Price: $649,000.
Seller Subsidy: $0.
Settlement Date: 11/3/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
This home is positioned within a six minute walk to the Potomac Ave Metro, and it is notable that this pocket south of Pennsylvania Ave in the east Capitol Hill neighborhood still boasts average fee simple house prices below $700,000. In contrast, settled fee simple sales within blocks, on the north side of Pennsylvania Ave, close to the Potomac Ave Metro, average in the high $900,000’s. (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: 513 S St, NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 3 Baths: 2.5 Parking: Street Ownership: Fee Simple
Original List Price: $789,000. List Price at Contract: $759,000.
List Date: 9/28/2017 Days on Market: 29
Settled Sales Price: $750,000.
Seller Subsidy: $0.
Settlement Date: 11/7/2017
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 appeared at the launch price of $789,000. At that price, three commenters expected the small scale house in this location to go for possibly even above $789k. It was also noted in the comments that the home had not been staged and appeared occupied. Photos were updated to show the home vacant. (more…)
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.
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…)