Real Estate

GDoN Revisited by Hipchickindc – 2023 R St NW

By Prince Of Petworth

Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a princeofpetworth.com advertiser. 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. Information is deemed reliable but not guaranteed.

Featured Property: 2023 R St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Dupont
Original List Price 1st Listing: $2,875,000.
List Price at Contract: $2,595,000.
List Date: 06/13/2011
Days on Market: 131
Settled Sales Price: $2,325,000.
Settlement Date: 12/16/2011
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No
Type Of Financing: Entered in listing data as “Private”
Original GDoN post is: here.
The listing can be seen: here. The virtual tour can be seen here. (By the way, on Homevisit virtual tours, the tour will load faster if you go to the far right and click on “view in standard resolution”.)

I don’t know about you, but ever since Mitt Romney released his tax returns, I keep thinking about what I would do if I had that kind of cash available. I’m generally a Bloomingdale girl, but it does occasionally cross my mind that it might be fun to own a ginormous house with a hot tub on the roof deck. I also like the idea of being down the street from Teaism and I’m a Phillips Collection member, so it would be very convenient for popping in more frequently. And sometimes, as one of the commenters to the original Good Deal or Not (GDoN) post said, I would like to have a couch in my kitchen.

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GDoN Revisited by Hipchickindc – 1454 Euclid St NW #5

By Prince Of Petworth

Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a princeofpetworth.com advertiser. 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. Information is deemed reliable but not guaranteed.

Featured Property: 1454 Euclid St NW #5
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Original List Price 1st Listing: $439,000.
List Price at Contract: $419,000.
List Date: 07/07/2011
Days on Market: 147
Settled Sales Price: $395,000.
Settled Price Per Square Foot: $436.
Settlement Date: 12/30/2011
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional
Original GDoN post is: here.
The listing can be seen: here. Here is the virtual tour .

Meridian Hill Condominium is an eight unit conversion dating from the early 1990’s. There appear to be at least a couple of original owners, who no doubt have seen dramatic change to the neighborhood over the past two decades. Those original owners were smart to hold on though, as prices to buy these condos new were sub-$100,000. The subject property, unit five, was first purchased for $71,400. in May 1992. It later sold in June 2000 for $96,000.

For this listing, the unit remained on the market for 147 days before going under contract, which is a long time in relation to typical Good Deal or Not (GDoN) properties (the past ten GDoN Revisited properties averaged 17 days on the market). Although the original list price of $439,000. seems fairly reasonable for a duplex boutique condo with an attractive Victorian exterior, that put the price per square foot up into the high $400’s. While brand new high end condos in Columbia Heights can fetch into the mid $500’s per square foot, the final price of this unit reflects the differential of an older style unit.

GDoN Revisited by Hipchickindc – 640 Q St, NW

By Prince Of Petworth

Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a princeofpetworth.com advertiser. 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. Information is deemed reliable but not guaranteed.

Featured Property: 640 Q St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Shaw
Original List Price: $699,990.
List Price at Contract: $699,990.
List Date: 11/18/2011
Days on Market: 6
Settled Sales Price: $679,000.
Settlement Date: 12/27/2011
Seller Subsidy: $1,500.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional
Original GDoN post is: here.
The listing can be seen: here.

Purchased for $300,000. less a $2500. subsidy (and $25,000. below the listed price) in late September 2011, 640 Q St NW was back on the market close to two months later and under contract again in less than a week. The property is located on the edge of significant retail development.

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GDoN Revisited by Hipchickindc – 1801 13th St NW

By Prince Of Petworth

Hipchickindc is a licensed real estate broker. Her latest business venture can be seen here. 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. Information is deemed reliable but not guaranteed.

Featured Property: 1801 13th St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Original List Price 1st Listing: $599,000.
List Price at Contract: $599,000.
List Date 1st Listing: 10/27/2011
Days on Market: 11
Settled Sales Price: $950,000.
Settlement Date: 12/16/2011
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No
Type Of Financing: Non-contingent on financing
Original (not offically a) GDoN post is: here.
The listing can be seen: here.

Per the disclaimer at the very top of this post, I am hereby disclosing that the listing agent, Jason Martin, is a colleague affiliated with Keller Williams Capital Properties. Jason was kind enough to share that the property attracted over twenty offers within a short time of being put on the market. Pam Wye, with TTR Sothebys represented the purchaser. I wasn’t able to reach Pam before the holidays for any comment on the buyer’s plans, so hopefully she’ll pop in to comment.

Rather than a typical house or condo sale, this property was marketed as a multi-unit building with two apartments plus a church on the first level. Many commenters on the original post stopped in to say nice things about the long time owner, Pastor Sutton. Thanks to commenter Joel for posting this link to photos of a worship service at the church.

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Good Deal or Not? “al fresco dining” edition

By Prince Of Petworth

This home is located at 1704 P St, NW:


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The flier says:

“Located in the heart of Dupont Circle & steps to Metro, retail & dining, this exquisite 4-level Victorian row house has grand room sizes, high ceilings, hardwoods on 3 levels, detailed millwork, stunning period details, terrace for al fresco dining & spacious Kitchen w/ center island & breakfast area. Ample closets & storage space. Nearby Garage Parking is Half-Block Away (seller will pay for 1yr).”

You can find more info here and photos here.

This 5 bed/3 bath is yours for $1,299,000.

Good Deal or Not? “renovated into a palace” take 2 edition (reader request)

By Prince Of Petworth

This home is located at 1001 Otis St, NE:


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The flier says:

“This is a spectacular home that has been renovated into a palace. Originally it was a standard Bungalow but the owner has bumped it out into include a huge master bedroom suite. The main level has been renovated with a new kitchen, renovated rec room, rear patio/barbecue pit and parking for 4 cars.”

You can find more info here and previous photos here.

Back in May ’11 this was one of the most discussed GDoN houses ever listed. A reader let’s me know that it’s back on the market. In May ’11 it was going for $1,500,000. Today this 5 bed/3 bath is listed at $1,200,000.

Good Deal or Not Revisited by Hipchickindc – 2200 1st St, NW

By Prince Of Petworth

Hipchickindc is a licensed real estate broker. Her latest business venture can be seen here. 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. Information is deemed reliable but not guaranteed.

Featured Property: 2200 1st St NW
Legal Subdivision: LeDroit Park
Advertised Subdivision per 1st Listing: LeDroit Park
Advertised Subdivision per 2nd Listing: Bloomingdale
Original List Price 1st Listing: $975,000.
Original List Price 2nd Listing: $929,900.
List Price at Contract: $929,900.
List Date 1st Listing: 05/13/2011
List Date 2nd Listing: 09/09/2011
Days on Market 1st Listing: 87
Days on Market 2nd Listing: 45
Settled Sales Price: $899,000.
Settlement Date: 12/16/2011
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional
Original GDoN post is: here.
The listing can be seen: here. The virtual tour for the 2nd listing of the property can be seen here and the pictures used to market the property for the first try can be seen here.

Per the disclaimer at the very top of this post, I am hereby disclosing that I was ultimately the listing agent that sold this property. Prior to my listing, during the time that PoP profiled the home as a Good Deal or Not (GDoN), it was listed by another agent with another company. The property had originally been listed during the Spring market.

Following the previous listing, we took it off the market for about a month to freshen the listing. It came back on in September with a new set of professional photos (see link above) and a lot of enthusiasm. I am especially proud of this listing as it represents the highest sale for a home in Bloomingdale or LeDroit Park since 2007.

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Good Deal or Not? “bathrooms are brand new and really shine” edition

By Prince Of Petworth

This home is located at 2237 12th St, NW:


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The flier says:

“Gorgeous renovation. Large, open kitchen with granite, stainless steel appliances, new cabinets and new tile floor. Beautiful wood floors throughout. Large master bedroom. Both bathrooms are brand new and really shine. Wonderful patio with brick accents and parking for 2 cars. Very quiet street in a great neighborhood.”

You can find more info here and photos here.

$599,900 sound right for this 3 bed/1.5 bath?

Good Deal or Not? Weekly Wed. House Porn – “private patio overlooking Koi pond” edition

By Prince Of Petworth

This home is located at 2600 Tilden St, NW:


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The flier says:

“Stunning contemporary on a completely private 2/3 acre lot surrounded by embassies & . Hillwood Museum in elegant Forest Hills. Renovated, expanded to showcase beautiful architecture, gourmet kitchen, bright, open spaces perfect for entertaining. Walls of windows afford unbelievable views & open to two decks & a private patio overlooking Koi pond. Five beds, 4.5 baths, plus two additional rooms.”

You can find more info here and a virtual tour here.

This 5 bed/4.5 bath is yours for $2,480,000.

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