In real life, hipchickindc is actually the not-so-hip Suzanne Des Marais, an associate broker with Urban Pace. Voted one of the best real estate agents in DC by the Washington City Paper Readers’ Choice Poll in 2009, Suzanne is currently Chair of the DC Public Policy Committee for the Greater Capital Area Association of REALTORS® and is President Elect of the Washington, DC Association of REALTORS®. She lives (and sells a lot of houses) in Bloomingdale, but works all over DC, with everyone from first time buyers to highly regarded developers.
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: 2719 13th St NW Unit #1 & #2
Original List Prices: $799,000. & $899,000. respectively
List Prices at Contract: $699,000. And $899,000. respectively
List Dates: 02/22/2010 & 2/26/2010
Days on Market: 108 & 15
Settled Sales Prices: $685,000. & $899,000.
Settlement Dates: 07/12/2010 & 04/23/2010
Seller Subsidies: $0. & $0.
Bank Owned?: No & No
Type Of Financing: Conventional for both (although it is now possible to get FHA approval for 2 unit condos)
Original GDoN is: here, but only for Unit 1.
The Listings can be seen: here. The pics are spectacular and can be seen by clicking through to each listing, then clicking the arrows on the main pic to scroll trough.
First off, sorry there was no Good Deal or Not Revisited (GDoN-R) last week. I had planned to write it while
on vacation but the wireless in Jamaica was way slow, Mon.
This conversion of one of the very large rowhomes on 13th Street NW made for two very large duplex units.
Commenters to the original Good Deal or Not (GDoN) post, which only featured the lower unit, noted the
quality of the design and finishes of the unit. Interestingly, the consensus was that the original price of
$799,000. was a good deal. I’d say that the buyer who purchased it for $114,000. (nearly 15% less than original
list) got a fantastic deal.
Continues after the jump. (more…)
