Mount Pleasant

GDoN Revisited by Hipchickindc – 1873 Monroe St NW

By Prince Of Petworth

Hipchickindc is a licensed real estate broker and a professional artist. Her official real estate bio is here and her art website is here. 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: 1873 Monroe St NW

Legal Subdivision: Mount Pleasant
Advertised Subdivision per Listing: Mount Pleasant

Original List Price: $749,950.
List Price at Contract: $749,950.
List Date: 03/10/2011
Days on Market: 17

Settled Sales Price: $749,950.

Settlement Date: 05/25/2011
Seller Subsidy: $15,000.
Bank Owned?: No Short Sale? No
Type Of Financing: FHA (See below for more thoughts on financing and pricing of this property)

Original Good Deal or Not post is: here

The listing can be seen: here. The virtual tour can be seen here.

I don’t know if it was on purpose or not, but this home was priced just about 3.5% above the loan limit for FHA in the DC area for a single unit. Higher pricing would have potentially pushed this property out of the realm of FHA (which allows a 3.5% down payment) and potentially into Jumbo financing territory. True, a lot of buyers in this price range plan to make a substantial down payment. Considering that this home did go under contract in 17 days to an FHA buyer, it does, however, highlight how important it is to consider how financing options can affect pricing. These are especially crucial issues to consider as we are potentially facing a significant drop in the ceiling for conforming loan limits in October, which will affect both buyers and sellers.

Continues after the jump. (more…)

Wed. Afternoon Rental Option – Mt. Pleasant

By Prince Of Petworth

This house is located at 17th St NW & Newton St NW:


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The Craigslist ad says:

“Available July 1st this is one of Mount Pleasant’s most unique homes on Rock Creek Park with direct access to miles of bike and jogging trails. The house has three decks for outdoor entertaining. Additional features include a gourmet kitchen with stainless appliances and granite counters, front loading washer/dryer, central air conditioning and newly refinished hardward floors throughout. Although surrounded by trees the house is just minutes from metro, Adams Morgan and Columbia Heights shopping. Private garage parking is available.”

I love these houses and have featured them many times in the past. This is the first one I’ve seen for rent. $3600 sound right for this 3 bedroom?

Meridian Yoga Opens up at 2401 15th St, NW Across from Meridian Hill Park

By Prince Of Petworth

From a press release:

Meridian Yoga Studio announces its grand opening on June 12, 2011. Located at 2401 15th ST. NW, Washington, D.C., the newly renovated main studio of 800 square feed holds 40 participants and will feature vinyasa flow, hatha yoga, power yoga, ashtanga, restorative, pre-natal, pranayama and meditation classes, suiting all levels and interests. The entire facility is 17,000 square feet, housing showers, a gift shop and additional studio rooms to accommodate many more yoga programs for the community.

Owned and operated by the Art of Living Foundation, Meridian Yoga Studio, will feature some of D.C.’s best yoga instructors and continue its tradition of offering techniques to the community for reducing stress and increasing one’s health and happiness.

Barricade Situation on 1600 Block of Irving St, NW

By Prince Of Petworth


Final reader photos from the scene at 5:43pm


Final reader photos from the scene at 5:43pm

Update 5:42pm From DCFireems:

“Update – 16th st & Irving St NW – EMS transporting 1 adult male w/ MPD escort – DC F&EMS units will clear soon – MPD investigating”

UPDATE 5:31pm DCfireems is reporting:

“evaluating 1 adult for transport”

Readers report hearing possible stun grenades.

Update 5:15pm I’m getting multiple reader reports of 2 gunshots fired and an ambulance pulling up to the scene.

Update 5:02pm CM Jim Graham writes via twitter:

“only residents on 1600 blk of Irving will not be able to get into their homes right now. all other residents should be able to get home.”

Past Tense studio writes,

“North end of Mt. P area is fine. Just walked between Park and Lamont and saw people coming up Mt. P St. towards Lamont.”

Update 4:40PM: Washington Post reports:

A distraught man believed to be armed “with a screwdriver or screwdrivers”

The barricaded man is alone, according to police, and there is no indication that he has a gun.

UPDATE 4:20PM reader writes from Flying Fish Coffee: “Just cleared everyone out of the shops…say they might be there all night.”

Update: reader writes at 4pm:

“Lunatic barricades himself in building next to ercilias on Irving and Mt.pleasant St. All residents locked into their homes including my friends mike and Chris at flying fish coffee on Mt pleasant St. Sniper rifles galore!! Crazy days are here again!”

Continues with earlier reports and photos after the jump. (more…)

Good Deal or Not? “Rarely available TWO level condo” (owner request)

By Prince Of Petworth

This condo is located at 2440 16th St, NW:


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The flier says:

“Rarely available TWO level condo features hardwood floors, working fireplace, open fl plan, lots of windows, w/ d hookup and more! Great location around the corner from Harris Teeter! This unit is larger than some of the 2 brs in bldg. FHA approved. Freshly painted!! New Price!!”

You can find more info here and a mouse on house tour here.

This 1 bed/1bath is going for $339,900 ($438 condo fee) – new price sound right?

Found Bird in Mt. Pleasant

By Prince Of Petworth

“Dear PoP,

Hi, this morning I found a cockatiel in the north Mt. Pleasant area. Its wings appear to be clipped so I think he must be from nearby. I am currently caring for it but am hoping to return it to its owner.”

If this is your bird or you know who’s it is please email me at princeofpetworth(at)gmail and I’ll connect you with the reader.

The 5pm Post: The Outlaws – Country / Folk / Honkytonk / Blues at Marx Cafe Tuesday

By Prince Of Petworth

From an email:

We’ll be playing everything from Bob Wills and Hank Williams to Willie & Waylon to Alabama, Dolly, Garth and Alan Jackson. It’s a unique musical event for the area, so I thought your readers might be interested. Thanks!

OUTLAWS
Country / Folk / Honkytonk / Blues
Marx Cafe / 3203 Mt. Pleasant St, NW
Tuesday June 7 @ 9 pm
Free + Drink Specials

Judging Buildings – 1724 Park Rd NW (Fmr Horse’s Ass Award Nominee)

By Prince Of Petworth


May 2011

“Dear PoP,

The new ‘green’ condos in the house next to the tricycle house on Park Rd in Mt Pleasant that has been gutted & re-done. The interiors look beautiful, as does the exterior.”

I also got an email from the developer who shares the projects Web site with photos here. He tells me that all units have gone under contract except for the lower/garden level – “#4, with its own private entrance, for $425,000, which includes a rear parking space.”

This former horse’s ass award nominee used to look like this:


April 2010

Thurs. Afternoon Rental Option – Mt. Pleasant

By Prince Of Petworth

This rental is located at 3300 Brown St. NW:


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The Craigslist ad says:

“House w/2 BR’s in Mt. Pleasant – close to Metro
Comer of Brown and Monroe streets

Your own house – an end unit with lots of light! Lovely living room and dining room with gleaming hardwood floors.
Upstairs two bedrooms and one bath.

Downstairs there is a recreation room for lounging and the laundry.
There’s a front porch for sitting on, a wonderful comer store just a block away and then – Metro and all the new excitement of Columbia Heights only four blocks away!”

$2,250/mo. plus utilities sound right?

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