Capitol Hill

GDoN Revisited by Hipchickindc – 409 1st St SE

By Prince Of Petworth

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 an Associate Broker with Urban Pace. 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: 409 1st St SE

Original List Price: $689,900.
List Price at Contract: $689,900.
List Date: 10/14/2010
Days on Market: 55

Settled Sales Price: $672,000.

Settlement Date: 01/07/2011
Seller Subsidy: $500.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional

Original Good Deal or Not post is: hereThe listing can be seen: here. To see pics, open the listing link, click on the main pic and scroll through.

On the petite side and with a functional-not-fancy kitchen, this home was on the market for fifty five days, which seems like a long time on this part of The Hill. Actually, recent data from within a quarter mile radius of this property shows an average of 69 days on the market. Even so, this property managed to sell at 97.33% of original asking price. The average list to sale price ratio in this location is 94.08%. The average net sale price for 2 and 3 bedroom properties in this specific area is $751,500.

The most recent transfer of this property was back in 2003 for $475,000. Prior to that, it sold in 1998 for $225,000. less a $2500. subsidy.

Mon. Afternoon Rental Option – Capitol Hill, NE

By Prince Of Petworth

This rental is located at 518 9th Street, NE:


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The Craigslist ad says:

“Capital East Apartments is a vintage 1920s apartment community located blocks from the U.S. Capitol building and Union Station. The property is located 4 blocks from Lincoln Park.

The units are spacious, have hardwood floors and original details. The building is pet-friendly. There is on-site management and controlled access to the building.”

I’m thinking this is a good deal – $1250 for a 1 bedroom sound right?

(Was it a) Good Deal or Not? Cat Transom edition

By Prince Of Petworth

This home is located at 726 6th St. SE:


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The flier says:

“GREAT INTERIOR ROW HOUSE BLOCKS FROM EASTERN MARKET METRO * FP IN LIVING ROOM * FP IN SEP DINING ROOM * FENCED IN REAR YARD * WOOD DECK WITH PATIO * E-Z ACCESS TO 395 * PRICED TO SELL * ESTATE SELL IN “AS-IS” CONDITION *”

You can find more info here and photos here.

Dang, I waited to long to post this one. But the question I had still remains – what would you do if you bought a house with a transom like this – keep it or replace it?

I actually do think someone got a pretty good deal – this 3 bed/1.5 was on the market for $495,000. If it went for that amount do you think it was a good deal?

Pound Coffee’s 2nd Location on Capitol Hill Hopes to Open March 7th

By Prince Of Petworth

When we spoke about Perfect Pita coming to NoMa some folks were psyched to learn Pound Coffee would be opening a second location at 621 Pennsylvania Ave, SE. Here’s what it looked like last weekend. The sign is new to me. I’m hearing that if all goes according to plan they’ll be opening March 7th. We first learned of the 2nd location back in Oct. ’10. I’ll be sure to update when they open.

Incidentally, does anyone happen to know the plans for next door at 623 Penn. Ave, SE in the old Capitol Hill Art and Frame storefront? I’m always intrigued when the windows get papered over…

Tues. Afternoon Rental Option – Capitol Hill

By Prince Of Petworth

This rental is located at 600-602 Maryland Ave. NE:


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The Craigslist ad says:

“600-602 Maryland Ave. NE, Cavendish Condo. Overlooking Stanton Park, 1 bedroom (680 sq.ft.) with large outside sitting area, first floor in a Historical Building (11 units ) with Modern Kitchen, Microwave, Dishwasher, Washer and Dryer in the unit, Central Air, Wood Burning Fireplace, Hardwood Floor, cable and internet ready, Parking avialable but optional, available now”

$1900 sound right for this 1 bedroom?

Bullfeathers Reopens in Capitol Hill

By Prince Of Petworth

Bullfeathers has reopened at 410 1st St SE. But they’re not taking your old coupons:

According to We Love DC:

“Bullfeathers “closed” in July of last year in order to undergo a complete renovation. The Capitol Hill mainstay is now owned and operated by the team behind the popular Tunnicliff’s Tavern, Ulah Bistro & Stoney’s.”

Bullfeathers’ Web site says:

Located in Capitol Hill is a bar and grill guaranteed to offer you a good time. Bullfeathers is rooted back to our nation’s 26th president Teddy Roosevelt, who didn’t find it appropriate to use profane language in public so he coined the phrase “Bullfeathers!”

This neighborhood bar caters to the young crowd of people working on Capitol Hill. Interns as well as other employees flock to Bullfeathers to grab a drink in this spot. Bullfeathers offers DC politicians a lengthy bar and gathering space to throw a few back. Like our mentor, T.R, we find that good food and drink with friends makes the everyday “Bullfeathers” more tolerable. It is our stated goal to take some of the edge off, take some of the “Bullfeathers” out of life and put a little more fun back in!

Still some mixed reviews on Yelp. Anyone check them out yet? If so, would you say it’s better, worse or the same?

What’s a Fair Price for My Rental Property? – 500 block of 8th St, NE

By Prince Of Petworth

If you’re looking to rent a place out and are curious what PoPville thinks is a realistic price send an email with ‘what’s a fair price’ in the title to princeofpetworth(at)gmail(dot)com. We can also do this for people selling their homes if interested.

This rental is located on the 500 block of 8th St, NE:


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The reader writes:

This penthouse condo is located in the historic Masonic Temple Condominiums near the up and coming H Street restaurant/Atlas district and within a 10-minute walk of the US Capitol Building and only minutes driving to the Pentagon and surrounding area. With 20-foot ceilings and huge picture windows overlooking Washington DC, this city condo located in a building with only 16 other tenants is a gem. The master bedroom has 9-foot high windows and plenty of space for a king-size bed and side tables, while the second bedroom is a loft and makes a spectacular office and guest room. The ultra modern kitchen boasts concrete counter-tops, lots of cabinet space and high-end appliances. The living room is complete with a wood-burning fireplace and entertainment system, including a mounted 42” television and an in-wall surround speaker system. Please note the condo is on the third floor and accessible only by stair.

Details:
· Master bedroom
· Loft bedroom/den
· 2 full bathrooms
· Kitchen w/ refrigerator, freezer, stove, microwave, dishwasher, in-sink garbage disposal
· Working wood fireplace
· Huge picture windows w/ beautiful views
· 42” mounted TV with in-wall surround speaker system
· High-end lighting system w/ dimmers in every room
· Street parking
· Bike storage in secured garage
· New hardwood floors
· rent includes water, gas and condo fees

You can see a virtual tour here.

History has shown that I’m horrible at guessing prices but I’m thinking $2400? What do you guys think?

The 5pm Post – cellar door house features the honey dewdrops Feb. 4th in Capitol Hill

By Prince Of Petworth

“Dear PoP,

My name is Allison Manuel and I (with my husband Coite and friend Greg) started hosting DC house shows (826 7th St. NE) about a year ago. These shows are generally acoustic, alt-country, or indy in nature…or maybe just thoughtful? :)

check out our fan page here.

We usually have about 50 people attend our shows and it’s simply for the sake of creating good music in a home. I generally attract artists already on tour and are up for a different sort of venue. We have recently hosted: Chris Staples, Jill Andrews of the everybodyfields, Damien Jurado, Denison Witmer and others. Each time, we draw in about 50 people and the artists charge 10 dollars for entry with the artist taking the full cut. We generally offer to cook the band dinner or take them out and just make sure hospitality as well as getting a good solid audience gathered happens.

We have an upcoming show for a folk/bluegrass band called “the honey drewdrops” next friday (feb. 4). We have our fingers crossed for some other artists this spring… It’d be great to let the dc world know about these shows.

RSVP here.”

Sounds fun.

GDoN Revisited by Hipchickindc – 447 Tennessee Ave NE

By Prince Of Petworth

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 an Associate Broker with Urban Pace. 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: 447 Tennessee Ave NE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Capitol Hill
Original List Price: $939,000. (original listing in June 2010)
List Price at Contract: $843,400.
List Date: 06/2010
Days on Market: 188
Settled Sales Price: $843,400.
Settlement Date: 01/21/2011
Seller Subsidy: $18,400.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional

Original Judging Pop Up post is: here with a re-look here.

The listing trail (there were ultimately three listings for this sale) can be seen: here. The virtual tour can be seen here.

Technically this is not a Good Deal or Not Revisited (GDoN-R) because PoPville did not get the chance to opine whether or not it was actually a Good Deal or Not. (Wow, five “nots” in that last sentence.) There were, however, two opportunities to weigh in on the pop up top, so it’s not like you’ve never seen this one before. In any case, in my quest to present settled sales info from a range of neighborhoods around The District, I thought it’d be worth looking at what I think was an interesting sale.

Continues after the jump. (more…)

Thurs. Afternoon Rental Option – Capitol Hill/Potomac Ave Metro

By Prince Of Petworth

This rental is located at 14th Street, SE at Pennsylvania Avenue:


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The Craigslist ad says:

“Perfect for a carless commuter. Ideal for one tenant – cozy for a couple. GREAT location… just steps to the Potomac Avenue Metro (blue and orange lines) and several bus lines, ½ block to grocery store. Several restaurants and bars just a block or 2 away. Short walk to Eastern Market and Barracks Row shops and restaurants. Parking is on-street and ample.

Recently renovated apartment features a private entrance, full kitchen (dishwasher, oven, granite counter tops and microwave, etc). Bathroom includes standing shower and washer/dryer. Cable TV, central A/C, built-in desk and wireless internet. All utilities included.

Furnished rear patio (with grill) shared with owner.”

$1600 sound reasonable for this 1bed/1bath?

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