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: 1824 11th St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: U St/Logan
Original List Price: $799,900.
List Price at Contract: $799,900.
List Date: 06/16/2011
Days on Market: 12
Settled Sales Price: $800,000.
Settlement Date: 08/10/2011
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional
Original Good Deal or Not post is: here
The listing can be seen: here. Pics can be seen by clicking through the arrows on the main pic after opening the listing link.
No doubt that DC is a city full of people constantly coming and going. I don’t know what the motivation was for the recent sellers of this home, but they had purchased it only back in February of 2009 for exactly what they listed it for this year. It appears they made some improvements, which you can see from the 2009 pics.
The upgrade that stands out to me is the change from the plain ole stainless steel stove to the Viking range. In my experience, appraisers like to ignore the differential of a less expensive stove vs. a several thousand dollar stove. For buyers who cook (I call them my kitchen buyers), that stove could sell them the house.
Continues after the jump. (more…)
