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 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 the Bediz Group, LLC at Keller Williams Capital Properties . 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: 2801 Sherman Ave, NW
Legal Subdivision: Columba Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 3 Baths: 3 Full 2 Half Parking: Street Ownership: Fee Simple
Original List Price: $949,999. List Price at Contract: $949,999.
List Date: 2/7/2017 Days on Market: 9
Settled Sales Price: $945,000.
Seller Subsidy: $2000.
Settlement Date: 3/16/2017
Transaction type: Standard
Original GDoN post can be seen: here.
The original listing can be seen here: here.
Listed during the freakishly Spring-like February, this fee simple new construction townhome on busy Sherman Avenue was under contract in just over a week. In addition to being turn key brand new, which is highly appealing to current DC home buyers, it also features a separate unit with “strong revenue generating potential” (per the listing language). (more…)
