Real Estate

Sold in 75 Days – 1239 Vermont Ave, NW #907

By Prince Of Petworth

gdonr

Suzanne Des Marais is an associate broker with 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 Real Estate Business Intelligence (RBI). Information is deemed reliable but not guaranteed.

Featured Property: 1239 Vermont Ave NW #907

Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Logan Circle
Bedrooms: 1 (Junior One Bedroom) Baths: 1 Parking: Garage parking available for sale Ownership: condo
Square Footage per listing: 465
Original List Price: $265,000.
List Price at Contract: $265,000.
List Date: 05/21/2016
Days on Market: 75
Settled Sales Price: $290,000.
Seller Subsidy: $3000.
Settlement Date: 09/15/2016
Settled Net Price per Square Foot: $617.
Transaction type: Standard

Original GDoN post can be seen: here.

The listings can be seen here: here.

Crescent Tower, located near Logan Circle at Vermont Ave NW and N St NW, was built in 1964. The ten story pet-friendly building has a total of 133 units. Amenities for the building include a weekday staffed front desk, a roof deck, pool, exercise room, and extra storage. Deeded garage parking is included with some units (and possibly available for purchase for others). Condo fees additionally include electric, heat, air conditioning, and gas (in addition to the usual things covered by condo fees, such as water and trash pick up). (more…)

Sold in 53 Days – 1352 Randolph St, NW

By Prince Of Petworth

inside-1

Suzanne Des Marais is an associate broker with 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 Real Estate Business Intelligence (RBI). Information is deemed reliable but not guaranteed.

Featured Property: 1352 Randolph St NW
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 4 Baths: 2.5 Parking: Garage Ownership: Fee Simple
Lot Square Footage: 2700
Original List Price: $750,000.
List Price at Contract: $700,000.
List Date: 06/04/2016
Days on Market: 53
Settled Sales Price: $635,000.
Seller Subsidy: $0.
Settlement Date: 08/31/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listings can be seen here: here.

The original Good Deal or Not post for this listing showed up right after the property was listed, early in summer. At that time, the home was marketed for $750,000. It was later reduced to $729,900., and again to $700,000. (more…)

Sold in Six Days – 2001 12th St, NW

By Prince Of Petworth

2001-12th-Street-Northwest

Suzanne Des Marais is an associate broker with 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 Real Estate Business Intelligence (RBI). Information is deemed reliable but not guaranteed.

Featured Property: 2001 12th St NW #113
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 2 Baths: 2 Parking: Garage parking Ownership: Condo
Monthly Condo Fee: $383.00 Square Footage per Listing: 1183
Original List Price: $599,900.
List Price at Contract: $599,900.
List Date: 06/23/2016
Days on Market: 6
Settled Sales Price: $630,000.
Seller Subsidy: $0.
Settled Price per Square Foot (adjusted for parking & exterior square footage): $615.
Settlement Date: 09/01/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listings can be seen here: here.

Although hard to fathom in the present, The Lincoln Condominium, just off U Street, was a pioneer and trail blazer in its early days. Newly built and delivered in 2000, the 156 unit block-sized building was a huge (literally and figuratively) addition to an area that, at the time, was still populated by abandoned properties and limited commercial activity. EYA’s Harrison Square townhomes were built around the same time. Pre-Whole Foods, 2 bedroom units sold new in The Lincoln for around $150,000. (more…)

Sold in 26 Days – 2222 Hunter Pl, SE

By Prince Of Petworth

Living Room -

Suzanne Des Marais is an associate broker with 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 Real Estate Business Intelligence (RBI). Information is deemed reliable but not guaranteed.

Featured Property: 2222 Hunter Pl SE
Legal Subdivision: Barry Farms
Advertised Subdivision per Listing: Barry Farms
Bedrooms: 4 Baths: 1 full & 2 half Parking: Assigned Ownership: Fee Simple
Original List Price: $298,500.
List Price at Contract: $298,500.
List Date: 06/02/2016
Days on Market: 26
Settled Sales Price: $305,000.
Seller Subsidy: $5000.
Settlement Date: 08/26/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listings can be seen here: here.

You can still buy an entire fee simple house East of the River for less than most condos in NW DC. Although options in the neighborhood for Sunday brunch may be limited, this part of DC is a mere seven miles from Dupont Circle. (more…)

“Brookland house sells for $1.483 million – this is a record”

By Prince Of Petworth

1230 QUINCY STREET NE

Thanks to a reader for sending word about 1230 Quincy St NE this 8 bed/6 bath sold for $1,483,000 on August 30th.

inside

“Think this is a record high price for Brookland”

Brookland’s Best! HUGE! Real Luxury. Unmatched attention to detail. Sub-Zero, Wolf Range Kitchen with walls of cabinets, Huge living space, with fireplace, walls of windows! Plenty of room, even the in-laws! Master bedroom, dual vanity bath, massive walk-in closet, balcony. Roof-top deck. 2bed/2bath in-law suite. Yard for pool, tennis courts, and room to spare. Video tour on YouTube.

Last month we we ogled this one that sold for a mere $1,195,000.

Sold in Woodridge in 28 Days

By Prince Of Petworth

sold 3109-20th-Street-Northeast

Suzanne Des Marais is an associate broker with 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 Real Estate Business Intelligence (RBI). Information is deemed reliable but not guaranteed.

Featured Property: 3109 20th St NE
Legal Subdivision: Woodridge
Advertised Subdivision per Listing: Woodridge
Bedrooms: 3 Baths: 3 Parking: Driveway/Off Street, Faces rear Ownership: Fee Simple
Original List Price: $536,000.
List Price at Contract: $526,000.
List Date: 06/29/2016
Days on Market: 28
Settled Sales Price: $526,000.
Seller Subsidy: $0.
Settlement Date: 08/22/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listings can be seen here: here.

Year to date, the median settled price for a home in DC is $540,000. (current national median home price is $244,100.) That DC median price includes rowhomes, detached homes, condos, and co-ops. The current median price for detached homes in the District of Columbia is $930,962.

That said, it is surprising that this relatively modestly priced detached single family home defied GDoN commenters’ expectations of selling the first week on the market. (more…)

From $1 Million Fully Renovated (or $650k as is) in 2008 to $1,075,000 as is Today

By Prince Of Petworth

nostalgia t st 1 mil reno

This is wild – I found the above photo from 2008 when I was going through my photo archives and today when I was looking for a GDoN I found it listed again – in the same condition:

today

Though the price has changed at 1442 T Street, NW. Today it’s going for $1,075,000:

“LOCATION,LOCATION, LOCATION— RARE OPPORTUNITY TO PURCHASE THE PROPERTY AT 1442 T ST NW WITH PLANS FULLY APPROVED BY HISTORIC PRESERVATION FOR AN AMAZING HOME . PERMITTING IN PROCESS . PLEASE CONTACT LISTING AGENT, ELLEN KLEIN”

Sold in 30 Days – The House “Designed by Percival Emmert in 1911”

By Prince Of Petworth

GDoN-R

Suzanne Des Marais is an associate broker with 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 Real Estate Business Intelligence (RBI). Information is deemed reliable but not guaranteed.

Featured Property: 1854 Wyoming Ave NW
Legal Subdivision: Kalorama
Advertised Subdivision per Listing: Kalorama
Bedrooms: 8 Baths: 5.5 Parking: Garage, Attached Ownership: Fee Simple
Original List Price: $2,599,000.
List Price at Contract: $2,599,000.
List Date: 06/10/2016
Days on Market: 30
Settled Sales Price: $2,500,000.
Seller Subsidy: $0.
Settlement Date: 08/05/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listings can be seen here: here.

Last week for Good Deal or Not Revisited (GDoN-R), we revisited the settled transactions of duplex condos in a converted Mount Pleasant Rowhome. What was significant about that sale was that each condo unit sold for at least $1,250,000. This puts a whole new spin on Mount Pleasant, which is largely known for being a tucked away NW DC residential neighborhood with large (and thus far largely intact) single family rowhomes.

Today’s subject is not geographically far from tree-lined Mount Pleasant (less than a mile and a half). Further south of the zoo, and close to Adams Morgan bars and restaurants, the Kalorama neighborhood is dotted with grand apartment and co-op buildings, embassies, and is where President Obama will reside with his family after January. (more…)

“The 20010 zip code made up by Park View, Columbia Heights and Mt Pleasant is actually paying 62% of their take home income on rent!”

By Prince Of Petworth

radpad-dc-income-rent
via RadPad

From an email:

“As D.C. rents continue to rise as fast as anywhere in the country, what D.C. residents are feeling it the most in the wallet?

RadPad, the apartment search and rent payment startup, decided to take a look. To do this, it examined thousands of active one-bedroom listings across zip codes in D.C. to get a median one-bedroom apartment price for each postal number.

It then utilized 2015 U.S. Census Data with help from Income by Zip Code to get median household income numbers for each of the same zip codes. From there, RadPad was able to calculate what percentage of monthly take home pay residents from each zip code (after taxes for a single filer) are spending on rent.

And here are some highlights: (more…)

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