Almost 700k over asking in NW DC

[Anonymous]

am I reading this right, they TRIPLED the home price in 11 years? Maybe I am missing a major extension and renovation

[Anonymous]

They overpaid.

Big time.

[Anonymous]

The alleged gossip going around in that area is that allegedly the alleged seller was serving Trump admin.

On an unrelated note, remember the alleged story of a 2008 Trump sale of a house to a Russian billionaire at allegedly a premium?

[Anonymous]

Anonymous wrote:The alleged gossip going around in that area is that allegedly the alleged seller was serving Trump admin.

On an unrelated note, remember the alleged story of a 2008 Trump sale of a house to a Russian billionaire at allegedly a premium?

Allegedly.

[Anonymous]

Anonymous wrote:They overpaid.

Big time.

For sure. Could have that in Chevy Chase for 1.5

[Anonymous]

Anonymous wrote:The alleged gossip going around in that area is that allegedly the alleged seller was serving Trump admin.

On an unrelated note, remember the alleged story of a 2008 Trump sale of a house to a Russian billionaire at allegedly a premium?

Half of this post is factual and quickly verified via publicly available property records kept by the government of the District of Columbia

[Anonymous]

Anonymous wrote:

Anonymous wrote:They overpaid.

Big time.

For sure. Could have that in Chevy Chase for 1.5

Well not $1.5 but closer to $1.8, sure. I live in the neighborhood and while it and this house are both lovely, the price is crazy. Good news for me, I can renovate until my heart’s content.

[Anonymous]

Anonymous wrote:The alleged gossip going around in that area is that allegedly the alleged seller was serving Trump admin.

On an unrelated note, remember the alleged story of a 2008 Trump sale of a house to a Russian billionaire at allegedly a premium?

I’m looking at the tax record and can confirm that one of the sellers did indeed serve in the Trump administration. However, the sellers bought it at the bottom of whatever dip there was in NWDC, before the Trump administration was a twinkle in anyone’s eye.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Even though I've lived near DC in the past, and I get it about the house prices, I am always shocked that a 2 million $ home does not include a garage.

<< Alert: this post should not derail the thread. >>

How "near" DC, though? Houses inside of ANY major east coast city generally do. not. have. garages. Not Philly, Boston, NYC, Baltimore. Washington. Have you spent much time looking at city lot sizes?

True, as you get further out of the city core, you'll start to see detached garages from 1920s, esp in NYC and Philly, which have larger geographic footprints within the city limits. (ie, a lot of Brooklyn, Queens, Chestnut Hill).

I live near this house, and I could have a big modern double garage on my lot that fits 2 SUVs and all the kids' bikes, etc. But then my entire backyard would be gone. Why would I do such a stupid thing?

T

Most $2M houses in Center City Philadelphia (Rittenhouse, Fitler, etc.) that are much closer to downtown than this house have off-street parking.

[Anonymous]

Well maybe if someone heads up the international money stuff in the admin, they are also an expert on know how to sell a house for a million over the ask.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:At that price anywhere, I would want a garage, large walk-in closet in master, washer/dryer not in basement, and a large open floor plan ideal for entertaining. This house seems very choppy and the opposite of open concept. The kitchen has been updated but is kind of small and blah.

What's the weather like in Ft. Collins today?

Are you saying you can't find these things in a $2.3 million house in this area? Of course you can.

What is "in this area" ? In the micro market between Connecticut and Wisconsin Aves, walkable to metro and zoned for Deal? Or did you mean Rockville/Vienna/Beverly Hills?

I will wait while you rustle up a handful of houses that have sold **this spring** that include a usable automobile garage, upstairs washer dryer/laundry room, big walk-in closets and an 'open floor plan' --- that are also in the tight geographic area including Wakefield.

I found at least four that sold UNDER 2.3million that have most of these things except a garage, however 1 does have a garage too, and sold for under 2 million.

The point is that most people are not stupid enough to limit themselves to such a small micro market when you can get something that is CLOSER to downtown DC, and has all those things for 2.3 million or less.

Here are two:

https://www.redfin.com/DC/Washington/4714-Chesapeake-St-NW-20016/home/9947508

https://www.redfin.com/DC/Washington/4704-Alton-Pl-NW-20016/home/9947367

Only one house has sold this spring that meets your requirements, sort of, and sold for under $2.3 --> the Chesapeake home is pretty and has a bigger yard (garage) in a location further from commerce and transit. Welcome to the current (6/9/21) market

I’d take the Chesapeake house over 36th any day, especially for $300k less. Great yard and an accessory dwelling too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The alleged gossip going around in that area is that allegedly the alleged seller was serving Trump admin.

On an unrelated note, remember the alleged story of a 2008 Trump sale of a house to a Russian billionaire at allegedly a premium?

Allegedly.

That is exactly along the lines of what we allegedly heard. Allegedly. One way to settle this, who’s the alleged buyer?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:At that price anywhere, I would want a garage, large walk-in closet in master, washer/dryer not in basement, and a large open floor plan ideal for entertaining. This house seems very choppy and the opposite of open concept. The kitchen has been updated but is kind of small and blah.

What's the weather like in Ft. Collins today?

Are you saying you can't find these things in a $2.3 million house in this area? Of course you can.

What is "in this area" ? In the micro market between Connecticut and Wisconsin Aves, walkable to metro and zoned for Deal? Or did you mean Rockville/Vienna/Beverly Hills?

I will wait while you rustle up a handful of houses that have sold **this spring** that include a usable automobile garage, upstairs washer dryer/laundry room, big walk-in closets and an 'open floor plan' --- that are also in the tight geographic area including Wakefield.

I found at least four that sold UNDER 2.3million that have most of these things except a garage, however 1 does have a garage too, and sold for under 2 million.

The point is that most people are not stupid enough to limit themselves to such a small micro market when you can get something that is CLOSER to downtown DC, and has all those things for 2.3 million or less.

Here are two:

https://www.redfin.com/DC/Washington/4714-Chesapeake-St-NW-20016/home/9947508

https://www.redfin.com/DC/Washington/4704-Alton-Pl-NW-20016/home/9947367

Those are not closer to downtown.

My mistake, I posted houses that were in D.C. with those criteria, I didn’t mean to say they were closer to downtown. However HERE are a few houses closer to downtown and cheaper:

https://www.redfin.com/VA/Arlington/1403-N-Hudson-St-22201/home/11248276

https://www.redfin.com/VA/Arlington/3118-17th-St-N-22201/home/11248004

https://www.redfin.com/VA/Arlington/2615-Franklin-Rd-22201/home/11248154

The last one doesn’t have a garage but it’s so freaking gorgeous and has a great yard.

[Anonymous]

$749 per square foot. Yikes! Overpaid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They overpaid.

Big time.

For sure. Could have that in Chevy Chase for 1.5

Well not $1.5 but closer to $1.8, sure. I live in the neighborhood and while it and this house are both lovely, the price is crazy. Good news for me, I can renovate until my heart’s content.

+1. I can see it going for just under $2M. But $2.3M seems high, even in this market.