Real Estate

“Our row house has been on the market for 40 days and we have not received a single offer”

By Prince Of Petworth

pricemycondo

“Dear PoPville,

Our row house has been on the market for 40 days and we have not received a single offer. I think our proximity to the metro and its Capitol Hill location are great, but it seems that the closed floor plan and the lack of A/C are turnoffs. I thought we were priced right, but am now wondering if we need to do another reduction. I would love to get feedback from the PoP Community.”

The listing says:

“New price! Instant equity! Open House Sunday 6/12 1-3pm. Historic charm meets modern living on a tree-lined street on Capitol Hill! Fall in love with the tin ceiling and hardwood floors. Imagine spending all your time in the renovated kitchen overlooking the dining room on one side & a patio on the other. One block to metro & .5 miles to Barrack’s Row & Eastern Market. PARKING & basement!”

You can see more photos here and here. 513 14th Street, SE is a 3 bed/2.5 bath listed at $680,000.

Sold in Eights Days – 55 Rhode Island Ave NW #2

By Prince Of Petworth

55-Rhode-Island-Avenue-Northwest-e1461679967275

Hipchickindc (aka 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: 55 Rhode Island Ave NW #2
Legal Subdivision: LeDroit Park
Advertised Subdivision per Listing: Bloomingdale
Bedrooms: 3 Baths: 2.5 Parking: Driveway/Off Street Ownership: Condo
Monthy Condo Fee: $175.00 Square Footage: 1,784
Original List Price: $789,000.
List Price at Contract: $789,000.
List Date: 4/25/2016
Days on Market: 8
Settled Sales Price: $795,000.
Seller Subsidy: $0.
Settled Price per Square Foot (Adjusted for Parking Space): $434
Settlement Date: 06/03/2016
Transaction type: Standard

Original GDoN post is: here.

The listing can be seen here: here.

The Bloomingdale neighborhood is located at the east edge of the NW quadrant of DC. Boundaries are defined by Florida Ave NW to the South, North Capitol Street to the East, Channing Street to the North (across from the McMillan Sand Filtration Development Site), and 2nd Street NW to the West.

In recent years, Bloomingdale has enthusiastically welcomed locally-owned restaurants and bars, including Red Hen, El Camino, Boundary Stone, Showtime, and several others. Besides the small pockets of commercial activity on Rhode Island Ave NW and North Capitol Street, Bloomingdale is comprised of primarily residential property and is known for its iconic Victorian row house architecture. (more…)

Garage Next to American Ice Company for Sale in Shaw

By Prince Of Petworth

911 V Street Northwest
911 V Street, NW

The listing says:

“U-Street Corridor—Great Mixed-Use Opportunity. Zoned C2B Arts Overlay(Commercial, loft condo, gallery, theater, office, studio,retail, dry cleaners,restaurant, bookstore, gym, funeral home, or a combination of different uses). Currently utilized as an Auto Repair Shop. Max FAR 4.5.”

It’s yours for $3,500,000…

138 Days on the Market – Sold in 16th Street Heights

By Prince Of Petworth

GDoN-R

Hipchickindc (aka 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: 1314 Farragut St NW
Legal Subdivision: 16th Street Heights
Advertised Subdivision per Listing: 16th Street Heights
Bedrooms: 6 Baths: 4.5 Parking: Driveway/Off Street Ownership: Fee Simple
Lot Square Footage: 7085
Original List Price: $1,500,000.
List Price at Contract: $1,275,000.
List Date: 12/18/2015
Days on Market: 138
Settled Sales Price: $1,225,000.
Seller Subsidy: $0.
Settlement Date: 05/25/2016
Transaction type: Standard

Original GDoN post is: here.

The listing can be seen here: here.

Located east of Rock Creek Park between Piney Branch Road and Georgia Ave NW, this renovated detached home started with an ambitious list price of $1,500,000. Commenters to the original GDoN post were skeptical. The home ultimately sold at 82% of original list price. (more…)

Sold in Six Days – Kalorama Studio on Belmont

By Prince Of Petworth

GDON R

Hipchickindc (aka 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: 2032 Belmont St NW #132
Legal Subdivision: Kalorama
Advertised Subdivision per Listing: Kalorama
Bedrooms: 0 Baths: 1 Parking: Street Ownership: Condo
Square Footage: 386 square feet Monthly Condo Fee: $272.71
Original List Price: $224,900.
List Price at Contract: $224,900.
List Date: 02/25/2016
Days on Market: 6
Settled Sales Price: $224,900.
Seller Subsidy: $1000.
Net Price per square foot: $580.
Settlement Date: 04/30/2016
Transaction type: Standard

Original GDoN post is: here.

The listing can be seen here: here.

This unit is located in one of Kalorama’s numerous high rise buildings surrounded by trees and green space. Tucked away from the hustle and bustle, this area is not far from Adams Morgan restaurants and bars, Rock Creek Park, Woodley Park, and (north) Dupont. The Valley Vista condominium is a large building, with 169 units, built in 1928. (more…)

4 Days on the Market: How Much 2212 12th St, NW Sold For

By Prince Of Petworth

GDon-r

Hipchickindc (aka 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: 2212 12th St, NW

Legal Subdivision: Old City #2
Advertised Subdivision per Listing: U Street Corridor
Bedrooms: 3 Baths: 2.5 Basement: No Parking: Street Ownership: Fee Simple
Lot Square Footage: 1125 square feet
Original List Price: $789,900.
List Price at Contract: $789,900.
List Date: 02/22/2016
Days on Market: 4
Settled Sales Price: $820,000.
Seller Subsidy: $0.
Settlement Date: 05/02/2016
Transaction type: Standard

Original GDoN post is: here.


The listing can be seen here: here.

Victorian homes on this block were built in the late 1800s and tend to be small in scale. Given the proximity to U Street amenities and Metro, it is not surprising that there is strong sales activity in the immediate area. (more…)

How Much Duke Ellington’s House Sold For After Six Days

By Prince Of Petworth

duke-house

Hipchickindc (aka Suzanne Des Marais) is a licensed real estate broker. She 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: 2728 Sherman Ave NW
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 3 Baths: 2 Parking: Street Ownership: Fee Simple
Lot Square Footage: 1120 square feet
Original List Price: $499,000.
List Price at Contract: $499,000..
Original List Date: 03/06/2016
Days on Market: 6
Settled Sales Price: $550,000.
Seller Subsidy: $0.
Settlement Date: 04/11/2016
Transaction type: Standard

Original GDoN post is: here.

The listing can be seen here: here.

duke

The subject property exhibits a plaque stating that Duke Ellington resided in the home from 1919-1922. This raised the question in the comments to the original GDoN post as to whether famous inhabitants have an influence on the value of a particular property? (Which garnered the response from another commenter, “How many houses in DC did this guy live in? Seems Like a lot.”) (more…)

Free State coming to the lower level of former Burger King space in Chinatown (Bantam King Upstairs)

By Prince Of Petworth

IMG_4731
700 5th Street, NW

The liquor license placard for Free State says:

“Small, new neighborhood Tavern serving craft beer, cocktails, wine, and pre-packaged snacks. Requesting an Entertainment Endorsement to offer live entertainment. Total Occupancy Load is 120.”

IMG_4733

And upstairs is where Bantam King is coming from the owners of Daikaya. Standby for more Ramen and Japanese Fried Chicken soon!

IMG_4734

A peek inside Bantam King:

IMG_4735

Sold in Seven Days – 516 A Street, NE #106

By Prince Of Petworth

GDoN Revisited

Hipchickindc (aka Suzanne Des Marais) is a licensed real estate broker. She 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: 516 A St NE #106
Legal Subdivision: Capitol Hill
Advertised Subdivision per Listing: Capitol Hill
Bedrooms: 1 Baths: 1 Parking: Street Ownership: Co-op
Square Footage: 750 square feet
Monthly fee: $405.
Original List Price: $379,900.
List Price at Contract: $379,900.
Original List Date: 02/11/2016
Days on Market: 7
Settled Sales Price: $383,300.
Settled Price per Square Foot: $511.
Seller Subsidy: $0.
Settlement Date: 03/18/2016
Transaction type: Standard

Original GDoN post is: here.

The listing can be seen here: here.

Located near Stanton Park, this cooperatively owned unit sold slightly above list price, suggesting interest from more than one buyer. Although co-op owned buildings are more common in NW and SW, Capitol Hill has a few of them. (more…)

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