Real Estate

Sold in 11 Days “With the recent mild weather and rising mortgage interest rates, buyer activity in the local real estate market has been vibrant”

By Prince Of Petworth

1731-Willard-Street-Northwest

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 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 the Bediz Group, LLC at Keller Williams Capital Properties . 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: 1731 Willard St NW #204

Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 1 Baths: 1 Parking: Street Ownership: Condo
Square Footage per tax record: 480
Original List Price: $350,000. List Price at Contract: $350,000.
Monthly Condo Fee: $267.00
List Date: 12/09/2016 Days on Market: 11
Settled Sales Price: $348,500.
Seller Subsidy: $0.
Settled Price per Square Foot: $726.
Settlement Date: 1/19/2017
Transaction type: Standard

GDoN-r

Original GDoN post can be seen: here.

The listing can be seen here: here.

The 1700 block of Willard St NW is a relatively quiet one block long one way enclave at the very tippy top of Dupont and at the bottom of the hill from Adams Morgan. It features a mix of Victorian houses, as well as small and mid-sized condo and rental buildings. (more…)

Sold in Seven Days – 310 Todd Pl NE #1

By Prince Of Petworth

eckington-gdonr

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 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 the Bediz Group, LLC at Keller Williams Capital Properties . 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: 310 Todd Pl NE #1

Legal Subdivision: Eckington
Advertised Subdivision per Listing: Eckington
Bedrooms: 2 Baths: 1 Parking: Assigned Ownership: Condo
Square Footage per tax record: 764
Original List Price: $320,000. List Price at Contract: $320,000.
Monthly Condo Fee: $179.00
List Date: 11/30/2016 Days on Market: 7
Settled Sales Price: $340,000.
Seller Subsidy: $0.
Settled Price per Square Foot: $445.
Settlement Date: 1/10/2017
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

I believe this is the third Revisited that was listed following the election. I am noting this because we have seen potentially significant impact of the election results to the real estate market in the form of increasing mortgage interest rates. (more…)

“sold in 5 days, post-election, in the month of December, for over 10% above list price”

By Prince Of Petworth

gdon-r-kitchen

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 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 the Bediz Group, LLC at Keller Williams Capital Properties . 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: 146 Duddington Pl SE
Legal Subdivision: Capitol Hill
Advertised Subdivision per Listing: Capitol Hill
Bedrooms: 3 Baths: 2 Parking: Street Basement: No Ownership: Fee Simple
Original List Price: $799,000. List Price at Contract: $799,000.
List Date: 12/01/2016 Days on Market: 5
Settled Sales Price: $883,550.
Seller Subsidy: $0.
Settlement Date: 12/30/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

For those who like Before and Afters, you can see the true vintage Harvest Gold appliances on the 2011 listing. As of the recent listing, the actual vintage appliances were supplanted with vintage-style Northstar kitchen appliances. (more…)

Ivanka Trump and Husband Reportedly moving to Kalorama – Take a Tour of the Decent Digs

By Prince Of Petworth

ivankas-house-kalorama

Thanks to all who sent links – yesterday Washingtonian reported:

“multiple real-estate sources say Trump and husband Jared Kushner will move into 2449 Tracy Pl, NW, in Kalorama. That will put the couple less than two blocks from the Obamas, who will reportedly move here post-White House.”

According to Redfin the property sold for $5,500,000 on December 22nd. Take a tour here.

Sold in Five Days: The Final Good Deal or Not? Revisited of 2016

By Prince Of Petworth

2415-newton-street-northeast

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 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 the Bediz Group, LLC at Keller Williams Capital Properties . 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: 2415 Newton St NE
Legal Subdivision: Woodridge
Advertised Subdivision per Listing: Woodridge
Bedrooms: 3 Baths: 2 Parking: Street Ownership: Fee Simple
Original List Price: $525,000. List Price at Contract: $525,000.
List Date: 11/10/2016 Days on Market: 5
Settled Sales Price: $535,000.
Seller Subsidy: $0.
Settlement Date: 12/21/2016
Transaction type: Standard

kitchen

Original GDoN post can be seen: here.

The listing can be seen here: here.

For what it’s worth, this is the first Revisited that we are seeing that was listed following the election results. Real estate agents in DC these past few weeks are having some interesting conversations. It’s has been a while since we watched mortgage interest rates climb for what is now eight or nine straight weeks, to their highest level in two years. (more…)

Sold for $765,000 in Three Days

By Prince Of Petworth

301-massachusetts-avenue-northwest

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 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 the Bediz Group, LLC at Keller Williams Capital Properties . 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: 301 Massachusetts Ave NW #403

Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 2 Baths: 2 Parking: Deeded, Underground Garage Ownership: Condo
Original List Price: $765,000. List Price at Contract: $765,000.
List Date: 10/05/2016 Days on Market: 3
Settled Sales Price: $765,000.
Seller Subsidy: $0.
Settlement Date: 12/12/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

When The Sonata, in which the subject property is located, and her sister building, Madrigal Lofts, were under construction, there was a sales trailer in a construction parking lot nearby. This was the gritty mid-2000’s, prior to there being a whole lot of new construction or retail in the Mount Vernon Square area.

Inside the sales trailer was a ginormous detailed three-dimensional model of the planned development for the neighborhood, much like you can see today at the PN Hoffman sales center at the waterfront. The area has experienced tremendous revitalization and has realized much of the development that seemed so far away back then. (more…)

“it should come as no surprise to hear that there is a serious deficit of affordable homes to buy in the District”

By Prince Of Petworth

gdon-r

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 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 the Bediz Group, LLC at Keller Williams Capital Properties . 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 Girard St NW #303
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 1 Baths: 1 Parking: Street Ownership: Cooperative
Original List Price: $275,000. List Price at Contract: $275,000.
List Date: 10/13/2016 Days on Market: 14
Settled Sales Price: $275,000.
Seller Subsidy: $0.
Settlement Date: 12/09/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

inside

If you read these Revisited posts regularly, it should come as no surprise to hear that there is a serious deficit of affordable homes to buy in the District of Columbia. DC Government has tried numerous strategies to address this problem over the years. In the case of the subject property, which has an income restriction for purchasers in what is considered “Moderate” or “Work Force” range income (based on Area Median Income or AMI), the property was developed specifically to provide units that are affordable over the long term. Non-profit CityFirst Homes developed the building, which is cooperatively owned by the residents. (more…)

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