
In real life, hipchickindc is licensed as a real estate broker in the District of Columbia, and as a real estate salesperson in Maryland. 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 Properties: 1113 Lamont St NW
Original List Price: $985,000.
List Price at Contract: $985,000.
List Date: 11/16/2009
Days on Market: 60
Settled Sales Price: $940,000.
Settlement Date: 03/10/2010
Seller Subsidy: $0.
Bank Owned?: No
Type Of Financing: Conventional
Original GDoN Post is: here.
Recent Listing is: here. I’ve also included the 2001 listing.
Having focused the past three Good Deal or Not Revisted (GDoN-R) posts on cash deals and flips, I was happy to come across this owner-occupied, non-foreclosure, straight forward conventionally financed deal. Good Deal or Not (GDoN) commenters were skeptical of the $900k+ price tag in Columbia Heights, but it ultimately sold within less than a 5% differential from the original list price. Continues after the jump. (more…)