
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: 500 M St NW #1
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Mt Vernon Square
Original List Price: $289,000.
List Price at Contract: $289,000.
List Date: 03/02/2011
Days on Market: 17
Settled Sales Price: $289,000.
Settlement Date: 05/05/2011
Seller Subsidy: $8,280.
Settled Price per Square Foot: $501.
Bank Owned?: No Short Sale? No
Type Of Financing: FHA
Original Good Deal or Not post is: here
The listing can be seen: here. Pics can be seen by clicking on the main photo and scrolling through using the arrows.
Despite being a large attractive end unit Victorian with a sexy round turret, 500 M St NW languished on the market for over 200 days with no takers. Oh yah…it was 1998. In 1998, the entire building was being offered for $219,900. Eventually, it sold in 1999 for $200,000.
Continues after the jump. (more…)