7th and P St, NW
This is going to become Jefferson at Market Place, check out details and a rendering here.
Here’s what it looked like in Jan. 2009:
Shaw
6th and Florida Ave, NW
Bistro Bohem opened up at the corner of 6th and Florida Ave, NW back in March 2012. You can see their menu here. What the early word? Any must order items?
Stay tuned for their new coffee shop opening soon next door in the former Zee restaurant space.
910 S St, NW
Back in Oct. 2011 we learned that this the abandoned lot/playground at 910 S St, NW was being auctioned off. Looks like Capital City Real Estate picked up another nice location. Back in June we saw that they picked up the former liquor store at 3rd and H St, NE.
Here’s what the lot looked like for years:
Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a princeofpetworth.com advertiser. 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: 1844 8th St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Original List Price: $589,900.
List Price at Contract: $589,900.
List Date: 05/03/2012
Days on Market: 6
Settled Sales Price: $605,000.
Seller Subsidy: $2,000.
Original List to Net Sales Price Ratio: 102.22% in relation to final listed price
Settlement Date: 05/31/2012
Bank Owned?: No Short Sale? No
Type Of Financing: Cash
Original GDoN post is: here.
The listing can be seen: here . The photos can be seen by clicking on the listing link, then scrolling through the pictures starting with the main photo.
Not only did this property sell above the listed price, but the (let’s assume multiple offers) winning offer went from contract to close in 23 days. The listing states that it was a cash sale, which could mean that the buyer did actually show up with a suitcase full of money at closing, or it could also mean that the buyer eliminated the financing contingency and showed up with financing at the settlement table. With buyers who are fully credit approved prior to making an offer, it is not unheard of to close a loan this quickly. (It’s perfectly cool to show up with a loan even if the contract said “cash”…as long as it does not change anything for the seller, such as delaying settlement. With a cash offer, the listing agent will want to see some proof of funds to close.)
I did get a chance to show this home to a buyer when it was on the market. For a small home, I thought the space was decent and it was nice and bright from the upstairs skylight. The cryptic parking language refers to the alley behind the home that is apparently public property. It looks like there’s an unspoken code that you park behind your own house and not behind your neighbor’s.
Continues after the jump. (more…)
From MPD:
“Tonight at 1045 pm, , mpd units heard gunshots in the 1700 block of 7th street, NW. Further investigation revealed that 2 adult males were shot. Anyone with information related to this investigation is asked to call 202 727 9099.”
MPD also tweeted two arrests had been made:
“3D SHOOTING/1700 BLOCK 7TH ST NW/2MALE VICTIMS SHOT/ 2ARREST MADE”
From a press release:
This week, Mayor Vincent C. Gray and Deputy Mayor for Planning and Economic Development Victor L. Hoskins returned to the District of Columbia along with other members of the District delegation who participated in a seven-day economic development mission to the People’s Republic of China. The trip ended on Saturday in Shanghai with the announcement of a sizeable Chinese investment in the City Market at O Street project managed by District-based Roadside Development, LLC. A ceremonial check in the amount of $40 million was presented to Roadside’s co-founder Armond Spikell. The funding will support future phases of this important development.
“We are delighted to return home from China with the knowledge that our work is already proving successful,” said Mayor Gray. “I want to congratulate the Roadside Development team on securing a major funding component for City Market at O Street, which is a critical component of the revitalization of the District’s Shaw neighborhood. In order to remain the best real-estate market in the country, we must continue to attract, entice and support such investments in the District. By launching the D.C. China Center in Shanghai, we will do that work and more, bringing more business to D.C. and standing shoulder-to-shoulder with D.C. businesses as they compete in China and create good, high-paying jobs here at home. I also want to thank the cities of Beijing, Shanghai, and Suzhou for the spirit of hospitality and friendship with which we were received. The relationships we developed will increase economic opportunity for District residents and our Chinese partners.”
“Roadside Development was pleased and proud to be a part of the Washington, D.C.’s trade delegation to China,” said Richard Lake of Roadside Development. “We saw immediate opportunities to attract new capital sources and form new partnerships for future developments in the District. Through Mayor Gray’s leadership and vision, our City Market at O project is well under way. During this mission, City Market at O received an additional $40 million (through EB-5 financing) for future phases of this exciting project.”
725 T St, NW
A couple of weeks ago we learned that All Souls neighborhood bar had finally been granted its liquor license in Shaw. I took a quick look of the space at 725 T St, NW (it’s actually 2 storefronts that will be combined) so I could grab some “before” photos. Speaking with owner, David Batista, if all goes well they plan on opening on Halloween. More info as construction progresses.
More photos after the jump. (more…)
9th and T St, NW
Back in July 2011 we heard the Maya Angelou Public Charter School was for sale at 1851 9th St NW. Check out some history on the building here.
A readers sends word that the building has sold:
“Not sure what the plans are for the space, but it looks like it sold for $7.5 mil after an asking price of $9.5 mil. Closed on June 28.”
Stay tuned for more info as it becomes available.
Photo courtesy of Suga Mama
From an email:
Join us this Thursday at our Tasting Party – 5pm – 8pm at Seasonal Pantry (1314 9th St NW). We’ll have samples galore! [free ice cream sandwiches and ice cream samples]
Suga Mama Sweets is offering an Ice Cream Goodness subscription – that’s a subscription to a monthly dose of our homemade, hand-crafted ice cream. Once a month, you’ll pick up your ice cream goodness to enjoy at home. The subscription will start in July and go through September. In July you’ll get one pint of ice cream, and in August and September you’ll get six hand-crafted ice cream sandwiches each month.
Flavors will change monthly, and will be anything from S’more to Bacon ‘n Waffle to Strawberry Cheesecake. Pick up will be at Seasonal Pantry (1314 9th Street NW).
From MPD:
“At approximately 8:40 Tuesday evening, a juvenile male was walking in the 600 block of T Street, NW, when he and adult male suspect began to argue. During the argument, the adult male suspect produced a knife and stabbed the juvenile multiple times to his body while two other adult suspects (male and female) held the juvenile. All three suspects were stopped in the 1800 of block of 7th Street, NW. The suspects were positively identified by the victim and witnesses. Subsequently, the suspects were placed under arrest and charged with Assault with a Deadly Weapon (ADW).
The victim was transported to a nearby hospital where he was admitted.”