Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is intended as a case study and a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.
GDoN-R has been written exclusively for PoPville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with Compass. 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 and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 1701 16th St NW #307
Legal Subdivision: Not noted in listing
Advertised Subdivision per Listing: Dupont Circle
Bedrooms: 0 Baths: 1 Parking: Street Ownership: Co-op
Square Footage per listing: 338
Original List Price: $218,000. List Price at Contract: $218,000.
List Date: 6/8/2017 Days on Market: 30
Settled Sales Price: $200,000.
Seller Subsidy: $0.
Settled Price per Square Foot: $592.
Settlement Date: 8/07/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
One of James M. Goode’s “Best Addresses”, the Chastleton is an over 300 unit eight story building that covers an acre of land on 16th Street NW at R Street NW. Until about a decade ago it was all rental. The most recent developer transitioned the building to cooperative ownership. (more…)
