Capitol Hill State of the Market?

[Anonymous]

Anonymous wrote:301 South Carolina is now pending. Given the price cut from a few months back and a slight further drop, I doubt it's going to go much above asking.

I really think they overpriced from the get-go. I bet it goes for $1.9m flat

[Anonymous]

Anonymous wrote:

Anonymous wrote:Two sub $1m homes hit within Historic yesterday:

1) 604 E St SE (2br, 1.5 BA listed at $800k) - In bounds for Brent but could really use a facelift. I assume this will go QUICK just based on location

2) 418 10th St SE (4br/2.5 BA across 2 units - $900k). I don't love this location - it's kind of busy - but this is priced right for a 3br house upstairs and short term rental downstairs

604 E is contingent. That was fast.

Interesting datapoint for 604 E St- their neighbor at 606 E SE just closed at $985 (+86k over ask). Crazy to me that 2 BR (even in Brent) is going for $1m right now


Up by Lincoln, 143 Kentucky went for $1.5m and change (+$125k over ask). That will really irk our PPs who think you have to stay West of 8th St. I think Kentucky was a total "get" for someone - fresh coat of paint and she'll really be charming

[Anonymous]

We recently sold a (small) 3 bedroom house on E Street NE for 985K. We wanted to recast our new mortgage so sold quickly in March. I think we may have accepted a too-low offer, but we’re glad to reduce interest payment on the current mortgage. Thoughts on the price?

https://www.redfin.com/DC/Washington/415-E-St-NE-20002/home/9895356

[Anonymous]

Anonymous wrote:Capitol Hill homes are mouse infested and there is so much crime of opportunity that living there is so stressful, especially for a family. Most people flee to Arlington or Alexandria by the time their kids turn 6. But there are always 2 income big law couples who like to take their dog and stroller to Lincoln Park for a few years and live in a $1.1M house with shared walls and endless repairs.

I’ve lived on the Hill for 15 years now with no mice, no stress, and normal repairs.

[Anonymous]

Anonymous wrote:We recently sold a (small) 3 bedroom house on E Street NE for 985K. We wanted to recast our new mortgage so sold quickly in March. I think we may have accepted a too-low offer, but we’re glad to reduce interest payment on the current mortgage. Thoughts on the price?

https://www.redfin.com/DC/Washington/415-E-St-NE-20002/home/9895356

Sweet house! I think you accepted a fair offer given the size of the house (cozy) and location (north of Stanton).

[Anonymous]

Anonymous wrote:

Anonymous wrote:We recently sold a (small) 3 bedroom house on E Street NE for 985K. We wanted to recast our new mortgage so sold quickly in March. I think we may have accepted a too-low offer, but we’re glad to reduce interest payment on the current mortgage. Thoughts on the price?

https://www.redfin.com/DC/Washington/415-E-St-NE-20002/home/9895356

Sweet house! I think you accepted a fair offer given the size of the house (cozy) and location (north of Stanton).

Being right across the street from Stuart-Hobson probably put a ceiling on the price, too.

[Anonymous]

Mice? That's what cats are for.

[Anonymous]

Anonymous wrote:Capitol Hill homes are mouse infested and there is so much crime of opportunity that living there is so stressful, especially for a family. Most people flee to Arlington or Alexandria by the time their kids turn 6. But there are always 2 income big law couples who like to take their dog and stroller to Lincoln Park for a few years and live in a $1.1M house with shared walls and endless repairs.

Well, they pay to make the most of nation's history, location, commute, vibe, Lincoln Park, Eastern Market, metro and ability to walk to Arboretum, Supreme Court and so much more.

[Anonymous]

319 4th St SE--I imagine this will go pretty quick, and for a good bit more than $1.25m.

https://www.zillow.com/homedetails/319-4th-St-SE-Washington-DC-20003/415038_zpid/

[Anonymous]

Anonymous wrote:We recently sold a (small) 3 bedroom house on E Street NE for 985K. We wanted to recast our new mortgage so sold quickly in March. I think we may have accepted a too-low offer, but we’re glad to reduce interest payment on the current mortgage. Thoughts on the price?

https://www.redfin.com/DC/Washington/415-E-St-NE-20002/home/9895356

I love E St! Honestly I think you gave someone a bargain based on the proximity to metro, off street parking, and IB for LT and SH. But otoh the house is very small.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Capitol Hill homes are mouse infested and there is so much crime of opportunity that living there is so stressful, especially for a family. Most people flee to Arlington or Alexandria by the time their kids turn 6. But there are always 2 income big law couples who like to take their dog and stroller to Lincoln Park for a few years and live in a $1.1M house with shared walls and endless repairs.

I’ve lived on the Hill for 15 years now with no mice, no stress, and normal repairs.

We’ve had very few repairs. They built homes to last back then!

[Anonymous]

Anonymous wrote:319 4th St SE--I imagine this will go pretty quick, and for a good bit more than $1.25m.

https://www.zillow.com/homedetails/319-4th-St-SE-Washington-DC-20003/415038_zpid/

This house is really sweet. I don't see it going for less than $1.5m

[Anonymous]

234 F St NE--not one of my favorite locations, but I'm sure it's enticing for a lot of people. Maybe $1.1m?

https://www.homes.com/property/234-f-st-ne-washington-dc/y3xwpxc1hq017/?l=648bpv9rmcdr7

[Anonymous]

Where's that PP who had like a four-block radius of what part of the Hill was acceptable?

https://www.redfin.com/DC/Washington/318-S-Carolina-Ave-SE-20003/home/9894401

[Anonymous]

Anonymous wrote:Where's that PP who had like a four-block radius of what part of the Hill was acceptable?

https://www.redfin.com/DC/Washington/318-S-Carolina-Ave-SE-20003/home/9894401

Oh, that South Carolina Ave block again, but this time mid-block. A "close-in" Hill starter home! With parking! I bet that's going to get some quick action.