Are these H St. NE / Capitol Hill houses priced appropriately?
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Anonymous
I don't have a specific comprehensive reference, but there is a lot of information out there. DC has "heritage guides" for each ward in the city which talk about architectural styles quite a bit and are well worth taking a look at. There is also quite a bit written about Wardman specifically. The previous owners of our home had a historian construct a history of our home that included lots of interesting information on its construction including the original developers and its history of ownership. The information conveyed with the home. That has also been a super helpful (and interesting) resource. |
Anonymous
| This property on H St corridor area was sold for $1,265,000 in APR 2018 and now pending under 10 days while listed for $1,395,000 wow wow https://www.redfin.com/DC/Washington/1241-G-St-NE-20002/home/9910096?utm_source=myredfin&utm_medium=email&utm_campaign=instant_listings_update&riftinfo=ZXY9ZW1haWwmbD0xMzAxMTIwOSZwPWxpc3RpbmdfdXBkYXRlc19pbnN0YW50XzE1JmE9Y2xpY2smcz1mYXZvcml0ZXMmdD1hZGRyZXNzJmVtYWlsX2lkPTEzMDExMjA5XzE2MDA2MDgyMzVfMiZ1cGRhdGVfdHlwZT00Jmxpc3RpbmdfaWQ9MTI0NTg1MjU3JnByb3BlcnR5X2lkPTk5MTAwOTYmcG9zaXRpb25fbnVtYmVyPTA= |
Anonymous
| Yeah, gentrification slowly arriving on the corridor ... |
Anonymous
Very important to note the recently renovated, true one-bedroom basement apartment currently being legally rented out for $1750/mo. Without it, this one would easily be several hundred thousand less. This is essentially a two unit building. |
Anonymous
Thank you! what’s interesting is that our house was clearly built before or after the others on the block. There are 4 in a row that are the same, then ours (which has completely different dimensione and ornamentation) then a giant corner store. |
Anonymous
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It's gorgeous outside today, get out there and enjoy these open houses. Let us know what you think if you tour any of these properties:
$685,900 2br/1.5ba 840 Sq. Ft. https://www.redfin.com/DC/Washington/1617-Potomac-Ave-SE-20003/home/9920853 $699,950 2br/1ba 970 Sq. Ft. https://www.redfin.com/DC/Washington/1420-S-Carolina-Ave-SE-20003/home/9917569 $765,000 3br/2ba 1,632 Sq. Ft https://www.redfin.com/DC/Washington/1214-Florida-Ave-NE-20002/home/10097075 $799,900 3br/3.5ba 1,720 Sq. Ft. https://www.redfin.com/DC/Washington/1312-I-St-NE-20002/home/9912385 $800,000 4br/2.5ba 1,410 Sq. Ft. https://www.redfin.com/DC/Washington/1029-6th-St-NE-20002/home/9898244 $850,000 4br/2.5ba 1,766 Sq. Ft. https://www.redfin.com/DC/Washington/536-13th-St-SE-20003/home/9915083 $949,950 3br/2ba 1,514 Sq. Ft. https://www.redfin.com/DC/Washington/726-6th-St-NE-20002/home/9896671 |
Anonymous
Oh I love the first one! |
Anonymous
Oh wow the interior of the Florida Ave house is my ideal -- well preserved Wardman with original woodwork intact. That location is tough, though. I don't think I'd want to live right on Florida Ave. I think this close to the corner where that cyclist was killed last year, too. Though I think I heard they are going to streetscape Florida Avenue at some point, like they are doing with Maryland now? |
Anonymous
I didn't even open the listing page for this one because it's on Florida, but I agree—that interior is great. I love that they didn't muck with the woodwork. Those are tiny rooms though. Calling it a 3BR is a stretch when one of them is 6x9.5. That would work as a nursery or maybe a very small office, but that's about it. Still, that's a great-looking house. I wonder if it will go quickly, and for how much. |
Anonymous
PP here. I don’t mind the small 3rd bedroom at that price. And the basement needs work but you could easily add a spare bed down there. But I do expect this one to sit for a bit. Right on Florida plus the exterior isn’t great. It’s priced well though. I would expect it to go for asking. |
Anonymous
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Three good options today. I expect the Wylie and non-renovated KP one to go over asking.
Kingman Park, zoned for Maury, 3br/2.5ba for $800k: https://www.redfin.com/DC/Washington/325-18th-St-NE-20002/home/10115073 Wylie St. with a third floor added, 3br/2ba for $749k: https://www.redfin.com/DC/Washington/1225-Wylie-St-NE-20002/home/9909777 Another Kingman Park, zoned for Maury, and a rare opportunity to do you own renovations without destroying the original details, 3br/1ba for $650k: https://www.redfin.com/DC/Washington/1521-D-St-NE-20002/home/10115675 And just for giggles, here's one for someone looking for a cheap investment property and the quintessential DC landlord experience. "Current tenants do not have lease and do not pay any rent." https://www.redfin.com/DC/Washington/1032-6th-St-NE-20002/unit-201/home/9896497 |
Anonymous
Ironically, the Florida Ave house was the first one to go under contract, in five days. As of this post, the only other house from that list that is pending is the 13th St one. |
Anonymous
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Here are some of the sales that closed during the past few weeks. I've lost track of which ones I flagged when they were listed, or where they might be in this thread, so there's a mix of updates and new.
Sold for $835k, $110k over asking -- 3br/2ba a couple of blocks from Union Market: https://www.redfin.com/DC/Washington/409-M-St-NE-20002/home/9894787 Sold for $951k, more than $50k over asking -- 3br/2.5ba Wardman: https://www.redfin.com/DC/Washington/1119-4th-St-NE-20002/home/9894726 Sold for $665k, $46k over asking -- 2br/1ba: https://www.redfin.com/DC/Washington/536-13th-St-NE-20002/home/9910281 Sold for $779k, $30k over asking -- 3br/2.5ba a block from NoMa-Gallaudet Metro station: https://www.redfin.com/DC/Washington/1177-3rd-St-NE-20002/home/9892394 Sold for $647k, $12k over asking -- 2br/1.5ba: https://www.redfin.com/DC/Washington/1239-Wylie-St-NE-20002/home/9909795 Sold for $850k, $25k under asking -- 3br/2.5ba: https://www.redfin.com/DC/Washington/1105-6th-St-NE-20002/home/9897957 Sold for $650k, a whopping $150k under asking -- 2br/1ba (I do remember consensus being that this one was wildly overpriced): https://www.redfin.com/DC/Washington/915-4th-St-NE-20002/home/9894997 |
Anonymous
Based on the pictures, it looks like a person could actually live in that one, too, which isn't that common for renovation-priced houses anywhere near the Hill. I wonder what the pictures aren't showing. Still, I like what I see, especially for the price. Needs AC, but $650k should leave some budget to add it.
Oh, my. I wonder what's going on here. Did a landlord decide to say screw it, he can't evict tenants who have no lease and aren't paying rent, so he'll just try to sell the unit? I'm really curious what the inside is like: the combination of 3 BRs and 785 sqft sounds...well, slum-like. But if someone could stand to live in that space for a year, they could probably evict the tenants (post-COVID) if the new buyer plans to live in the unit. And the tenants aren't old enough to basically be unevictable. It'll be really interesting to see how fast that one goes! |
Anonymous
Here's one that just sold in the same building. Obviously the photographs are framed so you can't see just how tiny the rooms are, but overall it looks livable, especially at this price point. I'd be concerned about the neighbors, though... https://www.redfin.com/DC/Washington/1032-6th-St-NE-20002/unit-301/home/9896499 |