Real Estate

Sold After 51 Days – 2 bed/2.5 bath in Foggy Bottom for $1,280,000

By Prince Of Petworth

GDonR

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), a subsidiary of MRIS. Information is deemed reliable but not guaranteed.

Featured Property: 2514 I St NW
Legal Subdivision: Foggy Bottom
Advertised Subdivision per Listing: Foggy Bottom
Bedrooms: 2 Baths: 2.5 Parking: Garage Basement: No
Ownership: Fee simple Lot Square Footage: 1768
Square Footage per listing: 2300
Original List Price: $1,375,000.
List Price at Contract: $1,299,000.
List Date: 11/18/2015
Days on Market: 51
Settled Sales Price: $1,280,000.
Seller Subsidy: $2500.
Settlement Date: 02/08/2016
Transaction type: Standard

Original GDoN post is: here.

The original listing can be seen here: here.

Deceivingly small from the front view, this row home in Foggy Bottom includes a significant addition, as well as a deep yard, and garage parking. Residential property in this area essentially surrounds The George Washington University. Amenities include Whole Foods and Trader Joe’s, easy access to Metro, and The Kennedy Center. (more…)

“This Private Paradise awaits you”

By Prince Of Petworth

paradise

Thanks to a reader for sending this “Private Paradise”:

“I know it’s across the border and not in DC but this is worth a look.”

The listing says:

“This Private Paradise awaits you. Get the best of both worlds, living in the country and the city. wooded lot, fresh air, deck. Features kitchen, vaulted ceilings, 2 fireplaces, large deck, bedrooms, basement. Short walk to metro. photos are outdated”

Outdated or not – this is amazing. Have a look at the rest of the photos here.

This 3 bed/2.5 bath is going for $649,000.

Six Days on the Market – 747 Morton St NW #2

By Prince Of Petworth

DC9521556

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), a subsidiary of MRIS. Information is deemed reliable but not guaranteed.

Featured Property: 747 Morton St NW #2
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 2 Baths: 2.5 Parking: Assigned, Driveway/Off Street Ownership: Condo
Square Footage per listing: 1657
Original List Price: $769,900.
List Price at Contract: $769,900.
List Date: 11/19/2015
Days on Market: 6
Settled Sales Price: $759,900.
Seller Subsidy: $1500.
Settled Net Price per Square Foot: $458.
Settlement Date: 1/28/2016
Transaction type: Standard

Original GDoN post is: here.

The original listing can be seen here: here.

There were lots of opinions on the original GDoN post, particularly in relation to the very stylized contemporary interior. (more…)

1995-2015 Real Estate Explosion in Shaw – Graphically

By Prince Of Petworth

SHAW 20 YEAR PERSPECTIVE
bigger graphic here

We’ve seen it in photos and in prose – now we see it graphically.

From an email:

“Slate Properties, a locally-owned and independent real estate firm based in The District, is pleased to launch our 12-week series focusing on historical real estate data for some of the most sought-after neighborhoods in The District. Graphically, we will tell the story of average sold prices from 1995-2015 for one and two bedroom condominiums as well as two, three, and four bedroom fee-simple houses.

Today, we featured the booming SHAW neighborhood in NW”

Top Ten “Most Competitive Neighborhoods for Homebuyers” in 2015

By Prince Of Petworth

launch
Photo by PoPville flickr user Ian Livingston

From an email:

“Redfin just released a ranking of the most competitive neighborhoods for homebuyers in 2015. No neighborhoods in our area made the top 30 nationally (they were all in Boston, Seattle, SF and Portland), however we found AU Park was the most competitive neighborhood in DC, followed by Mount Pleasant and U Street.

We determined the ranking by calculating 7 factors, including the % of homes that sold above asking, the median days on market, the percentage of all cash offers and the percentage of Redfin offers that faced bidding wars.

Here are the top 10. Some of them are 2 neighborhoods combined, but that still gives a good picture of the areas that were hottest this year.”

Ed. Note: Amazing that Southwest had 77.6% all cash offers according to the graph below. Apologies for having to split it into two images:

top ten

top 10 cont

DC’s first for-sale “micro unit community” now on the Market

By Prince Of Petworth

1BR+interior_hires
courtesy McWilliams|Ballard

Check out some cool virtual tours of the units at 2424 17th Street, NW here and here.

From a press release:

“McWilliams|Ballard announces the commencement of sales at Moda 17, a contemporary condominium community located in the vibrant Adams Morgan neighborhood of Washington, DC. Moda 17 Features 38 micro condominium residences designed by local developer Adams Investment, a leader of innovative residential design throughout Northwest Washington.

As Washington’s first for-sale micro unit community, Moda 17 offers buyers a premium European-inspired residence at a very affordable price point. The community features a mix of studio, one and two bedroom residences with panelized kitchens, sleek appointments, outdoor living space, on-site storage and bike lockers. Select homes feature custom built-in beds, cabinetry and moveable walls to allow the homeowner to maximize their living space. Units are priced from the mid $200’s.

“The quality of a condominium in the city cannot be measured by square footage alone. In today’s market, it is about efficiency of design, quality of finishes, location and price. Moda 17 is an opportunity for someone to purchase a new home in Adams Morgan with high-end finishes and private outdoor space for less than they currently pay in rent,“ says Clint Mann, Executive Vice President at McWilliams|Ballard.”

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