Here’s hipchickindc’s original post on DC’s liquidation of vacant properties. The Post did a small write up on it. But I got a few updates from some readers that I thought I’d share:
“Several weeks ago I came across a post about the D.C. Government auction. Several members posted comments pertaining to what they thought the “going prices” would be for several of the homes listed. Well I attended the auction and to my dismay the properties went for well over the $50,000 – $75,000 some of your members estimated. I thought they might be interested in learning the “hammer price” for several of the “hot” properties included in the auction. The prices listed below do not include the 5% buyer’s premium that will be included in the final purchase price.
2305 1st street NW Washington, DC 20001 – $320,000
3004 13th street NW Washington, DC 20009 – $380,000
57 Bryant street NW Washington, DC 20001- $320,000
100 Bryant street NW Washington, DC 20001 – $380,000
475 Florida Avenue NW Washington, DC 20001 – $300,000
If you recall most of these properties appeared to be little more than shells. Good Deal or Not? You tell me.
I would be interested in finding out what your readers think of these prices.”
Another great reader’s take after the jump. (more…)
