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Reply to "Are these H St. NE / Capitol Hill houses priced appropriately?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Emerald is finally pending after 70 days! https://www.redfin.com/DC/Washington/1335-Emerald-St-NE-20002/home/9912879[/quote] Closed for $690,000. That is *quite* the discount from the listing price of $800k, and lower than I figured even a burned out shell would go for on this block. I feel like we deserve to know what was wrong with this house. I know someone here knows who bought it ... get them to spill the beans.[/quote] Am I the only one who doesn't get the fascination here with Emerald St.? I live nearby and walked over there recently and was seriously underwhelmed... Houses right on top of the (narrow) street, small lots with it being sandwiched in between two normal streets, no old growth tall trees that you see on most blocks, and really close to the starburst intersection. It looked like something out of the Wire but some of the houses had been flipped. YMMV.[/quote] I think part of the interest in that street is that a number of recently renovated homes on Emerald have gone for some eye-popping numbers even though the houses are tiny, have basically zero outdoor space and are not easily walkable to Metro (Stadium-Armory, the closest station, is a 23-minute walk). Plus, from the outside it's a charming little block. But as we've seen with the two recent listings that sat forever, unrenovated Emerald houses are a much tougher sell. [/quote]
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