@Barracksrow tweets:
“Breaking news! 701 8th St lease CONFIRMED this morning to Spring Mill Bread – Fresh organic breads and sandwiches. No liquor license.”
This is right next door to the soon to be frozen yogurt spot which is right next door to the soon to be cupcake spot.
This home is located at 23 5th St, SE:
The flier says:
“ENCHANTING Victorian bay-front in a picture-perfect location. Richly-detailed facade sets the tone for the interior–4 rooms deep, each a jewel. Formal LR & DR, Chef’s Kitchen opens to inviting Famkily Rm. 2 fpls! Master BR w/ adjacent luxury Ba, walk-in closet, tranquil rear BR, 2nd full Ba, Office Nook, Improved storage bsmt. Private patio too!”
You can find more info here and photos here.
Well the location is seriously tough to beat but what do you think of the house itself? This 2 bed/2bath is going for $679,500 – sound right?
Voted one of the best real estate agents in DC by the Washington City Paper Readers’ Choice Poll in 2009, hipchickindc aka the not-so-hip Suzanne Des Marais is the Principal Broker (DC) for Urban Pace, LLC. 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: 334 8th St NE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Old City #1
Original List Price: $364,000.
List Price at Contract: $364,000.
List Date: 02/15/2011
Days on Market: 10
Settled Sales Price: $540,000.
Settlement Date: 03/31/2011
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional
Original Good Deal or Not post is: here
The listing can be seen: here. To see pics, open the listing link, click on the listing then scroll through from the main pic.
The subject house here was actually a secondary property on a twofer Good Deal or Not (GDoN) post. This small two bedroom home with no basement or parking, located within two blocks of Stanton Park on The Hill, was an estate sale. Commenters to the original GDoN post noted that it was essentially priced for auction. Some weren’t too complimentary of the listing agent for bringing back the 2004 bidding wars, but she did her job for the seller and drew apparently in the range of 20 offers. Ultimately, the settled sale price is 148% of the original list price. My question to readers is, what do you think it would have sold for if it had actually been priced at, say, $539,900.?
To give an idea of the market in that specific location, Here is everything within a quarter mile that is an active, pending, or settled (since 10/01/2010) listing. City wide, the average list to sale price ratio for March 2011 was 93.2%. For the zip code of 20002, it was 95.3% (including this outlier). Citywide for all houses priced under $375,000., the average list to sale ratio for March 2011 was 97.19%.
By the way, the other house on that original GDoN settled also. 803 Maryland Ave NE was originally listed for $629,000. Pricing was reduced to $599,000., which led to a settled sale at that price with a subsidy of $18,094. It was on the market for 91 days. You can see the listing and pics here. This house had a basement and a garage and was fully renovated. I’m guessing no bidding war and the purchaser was able to utilize FHA financing. Considering the subsidy, it sold for $40,906. more than the property mentioned above. Who do you think got the better deal?
Photo by PoPville flickr user ericandkatherine
Nevermind that the list seems a bit arbitrary. Never mind that Ballston is on it. PoPville represent!
From a press release:
As Americans widely embrace the “green revolution”, residents of the greater D.C. area interested in eco-friendly living should check out the newly released Top Green Neighborhood list published by MRIS, the nation’s largest multiple listings service (MLS) which offers nearly 75,000 local homes listings via its consumer website, Homesdatabase.com.
MRIS compiled the list by collecting the most recent MLS data, and surveying local parks and area green initiatives. Based on this hyperlocal data, MRIS notes the following as the top green neighborhoods in the greater D.C. area:
* Ballston (VA)
Ballston is showing clear efforts to educate the public about environmental improvements, through its initiative to reduce emissions, and its innovation in building Virginia’s first LEED platinum house.* Bethesda (MD)
Bethesda is home to DC’s first Passive Design House. It also has a number of green initiatives to cut greenhouse gas emissions and implement green jobs.* Capitol Hill (DC)
Capitol Hill is abundant with green homes and buildings and offers close proximity to the city’s largest farmer’s market and famous green spaces and gardens -most notably the Botanical Gardens.* Crestwood (DC)
Crestwood borders Rock Creek Park, which contains 1,754 acres of green space and nature-related activities. Crestwood also has a neighborhood plan to conserve and preserve their community.* Columbia Heights(DC)
Columbia Heights is home to DC’s first solar powered condos, as well as DC’s largest residential solar thermal project.* Mount Rainier (MD)
Mount Rainier has a number of green building initiatives and projects, as well as an abundance of green space including the Mount Rainier Nature and Recreation Center.* Old Town Alexandria (VA)
Old Town Alexandria is the home to the first LEED certified condo building in the state of Virginia. It also takes part in all of Alexandra’s green initiatives, including the Green Building Policy and the Go Green Alexandria project.* Petworth (DC)
Petworth is home to DC’s first LEED platinum condo development and it encompasses a number of parks and lush green areas, including Rock Creek Cemetery.* Takoma Park (MD)
Takoma Park features 17 acres of green space and parks, including Sligo Creek Park. It is also home to a number of green buildings and community projects.* Woodley Park (DC)
Woodley Park is surrounded by green space and offers a number of public transportation options. Woodley Park is in walking distance to the National Zoo and a number of local parks, including the largest in DC, Rock Creek Park.
This carriage house is located at 516 E Archibald Walk SE:
The flier says:
“Small carriage house in excellent Eastern Market location: One block to Eastern Market Metro; one block to Barracks Row \ 8th Street restaurants; 15 minute WALK to the Capitol, Lincoln Park, SE riverfront parks, and Nationals stadium. 1 bedroom, 1 bath, plus office or small room upstairs. Open plan downstairs. Private brick patio. Fireplace. Wood laminate floors. Central AC and heat.”
You can find more info and photos here. Be sure to scroll down to see all the photos.
Thanks to a reader for noticing this former house of the day. It’s yours for $390,000 – sound realistic?
This rental is located at North Carolina Ave SE at 8th St. SE:
The Craigslist ad says:
“1 bedroom with private patio in DC’s most-sought neighborhood! Charming apartment has great closet space, wood-burning fireplace, exposed beams, recently renovated galley kitchen w/ microwave & new refrigerator, in-unit washer-dryer, & all the amenities. Your choice of restaurants within 3-4 blocks (American, Belgian, Chinese, French, Indian, Irish, Italian, Mexican, Salavoran, Thai, Vietnamese, ETC.), 5 coffee shops within 3 blocks, Eastern Market 1 block, Metro (Blue-Orange) 2 blocks, choice of 2 gyms 5 blocks, 8 blocks to the Capitol, 2 blocks to Pennsylvania Ave, 1 visit away from your heart… HA!
All that you love about urban living but in a quiet residential neighborhood on Capitol Hill! Available May 1st. Sorry, No Pets, No Smoking. Annual lease. Tenant pays electric and security.”
$1600 sound right for this 1 bedroom?
This home is located at 231 8th St, NE:
The flier says:
“LOCATION! COVERED PARKING! Charming, LARGE 3BR/2.5BA Victorian offers very best of the Hill, only steps to Eastern Market, Lincoln Park, Stanton Park, Union Station! 3 finished levels, high ceilings, original HWF, light-filled, large lot, large yard, large house, OSP, FP, CAC, EIK, oak cabinets, stone countertops and much, much more!”
You can find more info here and photos here.
This 3 bed/2.5 bath is going for $779,000 – sound right?
We’ve also featured its awesome transom before:
On April 1st the long awaited, Bojangles opened up in the food court at Union Station. I have tried to sample the goods twice now and both times it was smashed crowded. You can see their menu here. Anyone brave the lines? Is it worth the wait?
This old fire house from the 1300 block of Maryland Ave, NE is an awesome renovation. I’m guessing it will be condos. I’ll be sure to post as a GDoN when they go on the market.
You can see what it looked like in 2008 here.
This home is located at 1217 C St, NE:
The flier says:
“Industrial Strength, Muscle-Bound Beauty, just two Blocks off Lincoln Park! Extremely Loft-Like. .. So like SoHo you’ll think you’re in NY. Rarely found 3000+ square feet of both functional and emotional space–A grand entertainer and an intimate romantic lair. Massive Master Suite w/ 18′ ceilings and bath built for five. Lower Level Arcade of a Rec Room plus guest quarters w/ third bath.”
You can find more info here and a mouse on house tour here.
Well this is a wild one – what do you think of the home itself. Does $848,750 sound right for this 3 bed/3.5 bath?