Reply to anyone knows what's going on with this CCDC listing?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There's another house now on Morrison that is newly listed after being sold only a few months ago. Same price it sold for. [/quote]

Agent X here. These are the agent comments for Morrison:

Unexpected job change, and sellers are in process of moving out. Please excuse the mess! Sellers have spent approx $70k in improvements since buying the house earlier this year, but we're still priced at the price they paid. [b]At the time of their purchase the home appraised for about $1.4m[/b]. The old kitchen was completely torn out and the new kitchen is sparkling new and completely functional (unlike when they bought it). Owners also had mold remediation work done by a professional company and a 2-year warranty now conveys (uploaded in documents section). To do this work they removed all walls in the basement down to the studs, leaving the basement now completely ready for any plan the new buyers may envision. There are also new AC units throughout, electrical has been brought up to code, and all galvanized steel piping was replaced. House is in great shape after they spent about $70k for these upgrades, and sellers are sad to have to leave it.[/quote]

I'd like to know how in May 2023 when the market was still pretty robust and competitive, this home sold for only $1M when the agent claims it appraised for $1.4M?  That said house will sell quickly. It's cute, and fairly priced.  Still don't believe the $1.4M agent comment....[/quote]

Here's a link to the Morrison listing:  https://www.redfin.com/DC/Washington/3600-Morrison-St-NW-20015/home/9978501

Odd that they're advertising the house as a 1.5 bath when the floor plan clearly shows 2.5 baths.  I'd make my realtor fix that real quick.

Still needs a lot of work in my mind - central A/C would be nice.  But it's priced well for that and should sell I would think.

[/quote]

I think the way the listing is written which clearly states there is 1 full and 1 half bath, vs what the drawings show is confusing, if not bordering on misleading: They show drawings indicating a bathroom in the below grade level, however the write up clearly states that it's the floor plans that existed previously, BEFORE the current owners demo'd it. [b]"The lower level has a separate entrance and is completely ready for you to finish as you wish - you can create a bedroom, home office, or rental unit. Floor plan shows basement level rooms as they existed previously and where framing is still located and ready for new drywall." [/b]

So the way I'm reading this is they really screwed themselves on this one by not finishing the renovation before listing. They actually REMOVED a bathroom that previously existed.  So yeah, that is why it's priced at $1M/what they bought it for.  Buyers aren't dumb, but the realtor is hoping they are or that they're willing to overlook this major issue.  [/quote]

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