
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 Bright MLS, which is the local multiple listing system and/or Smartcharts by Showingtime. Information is deemed reliable but not guaranteed.
Featured Property: 4110 18th Street, NE
Legal Subdivision: Michigan Park
Advertised Subdivision per Listing: Michigan Park
Bedrooms: 3 Baths: 2.5 Parking: Faces Rear Ownership: Fee Simple
Original List Price: $450,000. List Price at Contract: $450,000.
List Date: 4/17/2018 Days on Market: 1
Settled Sales Price: $490,000.
Seller Subsidy: $0.
Settlement Date: 5/23/2018
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.

The original GDoN post for this modest home in the Michigan Park neighborhood of NE DC received a good number of comments that you can see here.
Considering that the comments were not particularly enthusiastic, it is very interesting to note that the home sold for nearly 9% above asking price and went under contract within 1 day of listing. (more…)