$2.195 in AU Park [DC]

[Anonymous]

Anonymous wrote:

Anonymous wrote:New owner is a partner at a law firm.

Seller was clearly a partner

Such a distinction in Washington, DC.

[Anonymous]

Anonymous wrote:That is really nice, how close to the new affordable housing purposed by bowser?

It's not that close to the Mary Cheh Homeless Shelter at Cathedral Commons.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's pending! I'm surprised anything in that price range would go this quickly.

Can't wait to see the final price once it closes. I am guessing over ask given how fast that happened.

I'll do you one better: I want to see who was willing to shell out that kind of $ for that house. Yes, the place was what, three blocks to the Metro station. Beyond that, not sure I was seeing the appeal.

Large house with yard in walkable area very close to metro and IB for great elementary and middle school. Hard to find elsewhere in DC.

Yes. The best schools, Janney in particular.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Come on folks, this isn't about AU Park, it's about proximity to Metro and shopping for a fairly large house+lot.

The owner is probably some sort of partner, his wife is a SAHM. How frequently will they use the Metro?

IDK, but the amenities "metro" serves as a euphemism for: shopping, dining, etc., probably a whole lot, especially since it saves them on time, which they bill at, IDK, $600/ hour?

Which at Tenleytown means a nice selection of fast foodish places and mattress stores.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Did anyone see any of the AU park houses today?
I will try to go see the 42nd St house tomorrow just to take a look.

I'll be there. Want to meet in the attic and make love?

I'll be the one wearing a "Richard Dawkins is sexy" t-shirt.

I was thinking on the cowskin rug.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Come on folks, this isn't about AU Park, it's about proximity to Metro and shopping for a fairly large house+lot.

The owner is probably some sort of partner, his wife is a SAHM. How frequently will they use the Metro?

IDK, but the amenities "metro" serves as a euphemism for: shopping, dining, etc., probably a whole lot, especially since it saves them on time, which they bill at, IDK, $600/ hour?

Which at Tenleytown means a nice selection of fast foodish places and mattress stores.

Your shot across the bow isn't far off, but if you haven't been try that Indian place on the corner next to the tenleytown stop. It looks like nothing from outside but it's quite good.

[Anonymous]

How in the world did the house appraise for the selling price?
How did they even find comps?

[Anonymous]

I would feel a little weird living in the most expensive house in the neighborhood.
And AU Park is a tight community so everyone knows it too. I can't think of any other house that even comes close to it in price in AU Park.

[Anonymous]

Anonymous wrote:I would feel a little weird living in the most expensive house in the neighborhood.
And AU Park is a tight community so everyone knows it too. I can't think of any other house that even comes close to it in price in AU Park.

There are few more expensive houses immediately across 42nd.

[Anonymous]

Anonymous wrote:How in the world did the house appraise for the selling price?
How did they even find comps?

Cash is the likely answer. Whenever a DC home sale seems to break rules, cash payment is likely the reason why.

Even in supposedly savy DC, few folks get that a lot of the US's economic issues, especially post-2008 crisis, are due to a small group of people sitting on massive piles of assets, including cash. D.C. is a favored destination for these folks, though certainly not the top one.

[Anonymous]

Anonymous wrote:How in the world did the house appraise for the selling price?
How did they even find comps?

It was bought with family money. Appraisal irrelevant. I know the buyers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's pending! I'm surprised anything in that price range would go this quickly.

Can't wait to see the final price once it closes. I am guessing over ask given how fast that happened.

I'll do you one better: I want to see who was willing to shell out that kind of $ for that house. Yes, the place was what, three blocks to the Metro station. Beyond that, not sure I was seeing the appeal.

Large house with yard in walkable area very close to metro and IB for great elementary and middle school. Hard to find elsewhere in DC.

Yes. The best schools, Janney in particular.

Who the hell cares? These folks are definitely going private.

Plus, Janney and Deal are both super crowded. Not exactly what I would call "best"

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's pending! I'm surprised anything in that price range would go this quickly.

Can't wait to see the final price once it closes. I am guessing over ask given how fast that happened.

I'll do you one better: I want to see who was willing to shell out that kind of $ for that house. Yes, the place was what, three blocks to the Metro station. Beyond that, not sure I was seeing the appeal.

Large house with yard in walkable area very close to metro and IB for great elementary and middle school. Hard to find elsewhere in DC.

Yes. The best schools, Janney in particular.

Who the hell cares? These folks are definitely going private.

Plus, Janney and Deal are both super crowded. Not exactly what I would call "best"

No, they're a Janney family. Sizing up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Am confused about the responses that the house is small and in a busy area, though.

3K sq feet and 6 bedrooms is three times as much as my family lives in.

And it's not on a main street. Also don't understand why you *wouldn't* want to live on a main street, though -- I much prefer a busy populated street near transit.

Who said the house was small?

3000 sf isn't small but it's certainly not "huge" either. It's pretty average sized for American UMC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Am confused about the responses that the house is small and in a busy area, though.

3K sq feet and 6 bedrooms is three times as much as my family lives in.

And it's not on a main street. Also don't understand why you *wouldn't* want to live on a main street, though -- I much prefer a busy populated street near transit.

Who said the house was small?

3000 sf isn't small but it's certainly not "huge" either. It's pretty average sized for American UMC.

It's not average for DC, which is the only thing that matters in this context. It is big for the neighborhood, and it's big for DC at large. So is the lot.