Anonymous
08/13/2020 16:23
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Anonymous wrote:I just looked up 403 9th on Zillow because I thought it looked familiar. Sure enough, it's a relisting:
5/29/20: Listed at $995,900
6/15/20: Price change to $975,000
7/19/20: Pending
8/12/20: Relisted at $860,000
OP. Oof, sorry I missed that it was a relisting. That's quite a dramatic price drop. I wonder what the home inspection revealed.
Anonymous
08/13/2020 16:03
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
I just looked up 403 9th on Zillow because I thought it looked familiar. Sure enough, it's a relisting:
5/29/20: Listed at $995,900
6/15/20: Price change to $975,000
7/19/20: Pending
8/12/20: Relisted at $860,000
5/29/20: Listed at $995,900
6/15/20: Price change to $975,000
7/19/20: Pending
8/12/20: Relisted at $860,000
Anonymous
08/13/2020 16:00
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Anonymous wrote:4br/2ba Victorian near Stanton Park for $860k:
https://www.redfin.com/DC/Washington/403-9th-St-NE-20002/home/9904200
The interior of that one is in deep need of an update. So much carpet and dingy-looking walls. And that Home Depot tile on the kitchen backsplash is really past its time. The only AC comes from window units. Maybe that's what $860k buys near Stanton Park these days, but I kind of think it's a little too expensive for flippers and nowhere near the condition of a house someone would want to live in.
Also, I should start tracking the percentage of listing photos devoted to things in the "neighborhood" (broadly defined) as opposed to the property itself. My theory: the higher the percentage of "neighborhood" shots, the worse the property itself. This listing: 15/40 (nearly 25%) of of features "nearby."
Anonymous
08/13/2020 15:50
Subject: Are these H St. NE / Capitol Hill houses prices appropriately?
August is usually pretty dead around here, but the fall is often a pretty active market. I'll be curious to see what things look like in a month or two.
Anonymous
08/13/2020 15:37
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Anonymous wrote:A lot of the pending listings closed during the past week, so I figured I'd provide an update.
Rowhouses are flying off the market, many in bidding wars.
Listed for $749k, sold for $895k, almost 20% above asking!!
https://www.redfin.com/DC/Washington/916-5th-St-NE-20002/home/9894973
Listed for $814k, sold for $909,500, 12% over asking:
https://www.redfin.com/DC/Washington/719-11th-St-NE-20002/home/10194073
Listed for $799,900, sold for $829,500:
https://www.redfin.com/DC/Washington/318-14th-St-NE-20002/home/9913466
Listed for $999k, sold for a hair above a million:
https://www.redfin.com/DC/Washington/423-K-St-NE-20002/home/9894963
Listed for $799,900, sold for $810k:
https://www.redfin.com/DC/Washington/631-Orleans-Pl-NE-20002/home/9897913
Sold for asking at $830k:
https://www.redfin.com/DC/Washington/1623-D-St-NE-20002/home/10115538
Listed for $625k, sold for $615k, no crazy bidding war here:
https://www.redfin.com/DC/Washington/1527-N-Carolina-Ave-NE-20002/home/9918351
Almost all of the other rowhouses from this thread are pending/contingent. Only a couple of the super small ones in iffy condition are still active.
Alley house going strong at 90 days, no price drops:
https://www.redfin.com/DC/Washington/8-Browns-Ct-SE-20003/home/9900042
Down to $599k. I walked by this one and the exterior condition is horrendous. It probably needs to drop another $100k to be picked up by a flipper.
https://www.redfin.com/DC/Washington/333-L-St-NE-20002/home/9892449
The Gessford mews house was removed from the market after four months of no takers.
https://www.redfin.com/DC/Washington/15-Gessford-Ct-SE-20003/home/9908945
Condos are having a rough time.
Right on H Street, price dropped to $695k from original $719k:
https://www.redfin.com/DC/Washington/904-H-St-NE-20002/unit-3/home/109667923
Large Kingman Park condo zoned to Maury, now down to $640k:
https://www.redfin.com/DC/Washington/1823-D-St-NE-20002/unit-C/home/144582758
Still looking for a special someone after initial contract fell through, now $519k after a $30k price drop:
https://www.redfin.com/DC/Washington/911-2nd-St-NE-20002/unit-601/home/118540552
Now $760k after a $40k price drop:
https://www.redfin.com/DC/Washington/301-K-St-NE-20002/unit-1/home/60397344
I checked out the $599k 333 L st house - the current tenants went with an *interesting* paint job inside and also built a grow room in the back...
Anonymous
08/13/2020 15:34
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Really slim pickings among current H Street / Capitol Hill listings at this price point. Mostly just condos. I think these are the most interesting of the new options:
4br/2ba Victorian near Stanton Park for $860k:
https://www.redfin.com/DC/Washington/403-9th-St-NE-20002/home/9904200
3br/2.5ba for $749k, whose location will become a lot more appealing after all of the construction from the Central Armature Works redevelopment is complete:
https://www.redfin.com/DC/Washington/1177-3rd-St-NE-20002/home/9892394
2br/2ba for $650k; yes it's a condo just a block off H, but it's the upper level with a private roof deck and solar panels, and it doesn't scream ugly pop-up:
https://www.redfin.com/DC/Washington/837-4th-St-NE-20002/unit-2/home/107587467
4br/2ba Victorian near Stanton Park for $860k:
https://www.redfin.com/DC/Washington/403-9th-St-NE-20002/home/9904200
3br/2.5ba for $749k, whose location will become a lot more appealing after all of the construction from the Central Armature Works redevelopment is complete:
https://www.redfin.com/DC/Washington/1177-3rd-St-NE-20002/home/9892394
2br/2ba for $650k; yes it's a condo just a block off H, but it's the upper level with a private roof deck and solar panels, and it doesn't scream ugly pop-up:
https://www.redfin.com/DC/Washington/837-4th-St-NE-20002/unit-2/home/107587467
Anonymous
08/13/2020 15:18
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
A lot of the pending listings closed during the past week, so I figured I'd provide an update.
Rowhouses are flying off the market, many in bidding wars.
Listed for $749k, sold for $895k, almost 20% above asking!!
https://www.redfin.com/DC/Washington/916-5th-St-NE-20002/home/9894973
Listed for $814k, sold for $909,500, 12% over asking:
https://www.redfin.com/DC/Washington/719-11th-St-NE-20002/home/10194073
Listed for $799,900, sold for $829,500:
https://www.redfin.com/DC/Washington/318-14th-St-NE-20002/home/9913466
Listed for $999k, sold for a hair above a million:
https://www.redfin.com/DC/Washington/423-K-St-NE-20002/home/9894963
Listed for $799,900, sold for $810k:
https://www.redfin.com/DC/Washington/631-Orleans-Pl-NE-20002/home/9897913
Sold for asking at $830k:
https://www.redfin.com/DC/Washington/1623-D-St-NE-20002/home/10115538
Listed for $625k, sold for $615k, no crazy bidding war here:
https://www.redfin.com/DC/Washington/1527-N-Carolina-Ave-NE-20002/home/9918351
Almost all of the other rowhouses from this thread are pending/contingent. Only a couple of the super small ones in iffy condition are still active.
Alley house going strong at 90 days, no price drops:
https://www.redfin.com/DC/Washington/8-Browns-Ct-SE-20003/home/9900042
Down to $599k. I walked by this one and the exterior condition is horrendous. It probably needs to drop another $100k to be picked up by a flipper.
https://www.redfin.com/DC/Washington/333-L-St-NE-20002/home/9892449
The Gessford mews house was removed from the market after four months of no takers.
https://www.redfin.com/DC/Washington/15-Gessford-Ct-SE-20003/home/9908945
Condos are having a rough time.
Right on H Street, price dropped to $695k from original $719k:
https://www.redfin.com/DC/Washington/904-H-St-NE-20002/unit-3/home/109667923
Large Kingman Park condo zoned to Maury, now down to $640k:
https://www.redfin.com/DC/Washington/1823-D-St-NE-20002/unit-C/home/144582758
Still looking for a special someone after initial contract fell through, now $519k after a $30k price drop:
https://www.redfin.com/DC/Washington/911-2nd-St-NE-20002/unit-601/home/118540552
Now $760k after a $40k price drop:
https://www.redfin.com/DC/Washington/301-K-St-NE-20002/unit-1/home/60397344
Rowhouses are flying off the market, many in bidding wars.
Listed for $749k, sold for $895k, almost 20% above asking!!
https://www.redfin.com/DC/Washington/916-5th-St-NE-20002/home/9894973
Listed for $814k, sold for $909,500, 12% over asking:
https://www.redfin.com/DC/Washington/719-11th-St-NE-20002/home/10194073
Listed for $799,900, sold for $829,500:
https://www.redfin.com/DC/Washington/318-14th-St-NE-20002/home/9913466
Listed for $999k, sold for a hair above a million:
https://www.redfin.com/DC/Washington/423-K-St-NE-20002/home/9894963
Listed for $799,900, sold for $810k:
https://www.redfin.com/DC/Washington/631-Orleans-Pl-NE-20002/home/9897913
Sold for asking at $830k:
https://www.redfin.com/DC/Washington/1623-D-St-NE-20002/home/10115538
Listed for $625k, sold for $615k, no crazy bidding war here:
https://www.redfin.com/DC/Washington/1527-N-Carolina-Ave-NE-20002/home/9918351
Almost all of the other rowhouses from this thread are pending/contingent. Only a couple of the super small ones in iffy condition are still active.
Alley house going strong at 90 days, no price drops:
https://www.redfin.com/DC/Washington/8-Browns-Ct-SE-20003/home/9900042
Down to $599k. I walked by this one and the exterior condition is horrendous. It probably needs to drop another $100k to be picked up by a flipper.
https://www.redfin.com/DC/Washington/333-L-St-NE-20002/home/9892449
The Gessford mews house was removed from the market after four months of no takers.
https://www.redfin.com/DC/Washington/15-Gessford-Ct-SE-20003/home/9908945
Condos are having a rough time.
Right on H Street, price dropped to $695k from original $719k:
https://www.redfin.com/DC/Washington/904-H-St-NE-20002/unit-3/home/109667923
Large Kingman Park condo zoned to Maury, now down to $640k:
https://www.redfin.com/DC/Washington/1823-D-St-NE-20002/unit-C/home/144582758
Still looking for a special someone after initial contract fell through, now $519k after a $30k price drop:
https://www.redfin.com/DC/Washington/911-2nd-St-NE-20002/unit-601/home/118540552
Now $760k after a $40k price drop:
https://www.redfin.com/DC/Washington/301-K-St-NE-20002/unit-1/home/60397344
Anonymous
07/26/2020 14:42
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Not much change from previous listings other than a couple of significant price drops. Let's call this round the Blue Period. I think there are some great deals here this time.
3br/3ba for $850k: My favorite features are the front and back covered porches and landscaped patio, lots of outdoor entertaining space. Finished basement for more entertaining. Solar panels.
https://www.redfin.com/DC/Washington/610-M-St-NE-20002/home/9898221
3br/2ba for $799k:Built-ins and lots of light. I love the facade color. Google "Essaouira blue" -- that's the color palette that I'd use to decorate this home.
https://www.redfin.com/DC/Washington/318-14th-St-NE-20002/home/9913466
3br/2ba for $749k: Quirky renovations won't appeal to everyone, but I love the irreverent juxtaposition of old and new.
https://www.redfin.com/DC/Washington/916-5th-St-NE-20002/home/9894973
2br/2ba for $719k: Condo on top of (the former?) Dio Wine Bar. I don't think pop-up condos like this are a particularly good value, but the private roof deck is a nice bonus for someone who wants to live right on H Street. Okay and technically not blue, but the rug in the living room counts for inclusion in this round...
https://www.redfin.com/DC/Washington/904-H-St-NE-20002/unit-3/home/109667923
2br/1ba for $669k: Cute as a button on a quiet minor street. This would be my "condo alternative" pick of the week.
https://www.redfin.com/DC/Washington/241-Warren-St-NE-20002/home/9913517
First three houses are pending. The condo and Warren St. house are still available.
3-bedroom row homes in this neighborhood never last, especially ones zoned for Maury. That H street condo will sit for a while though. That pop-up is super ugly even if the apartment itself is really cute and the deck is nice. The Warren St. shouldn't last too long. It's small for the neighborhood but its increasingly hard to find houses for less than 700 south of Florida. This is a great house for a single or couple with no kids if you can swing it. The outdoor space is amazing.
You're right. Warren pending, condo still waiting for someone to swipe right.
Anonymous
07/24/2020 07:44
Subject: Are these H St. NE / Capitol Hill houses prices appropriately?
Anonymous
07/24/2020 07:21
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Anonymous wrote:It is amazing to me that these two houses are basically the same price. The smaller, uglier one was originally listed for $800k and sat for almost two months, dropping price to $740k. The one right behind it, larger and more updated, was listed for $749k and went under contract almost immediately.
https://www.redfin.com/DC/Washington/915-4th-St-NE-20002/home/9894997
https://www.redfin.com/DC/Washington/916-5th-St-NE-20002/home/9894973
And then there’s this one a block or two away that’s only a little bit more at $769k but significantly nicer than both.
https://www.redfin.com/DC/Washington/1031-5th-St-NE-20002/home/9896480
Anonymous
07/23/2020 23:54
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
I really hate facades where the windows are not evenly spaced. That alone is a dealbreaker.
Anonymous
07/23/2020 23:54
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
It is amazing to me that these two houses are basically the same price. The smaller, uglier one was originally listed for $800k and sat for almost two months, dropping price to $740k. The one right behind it, larger and more updated, was listed for $749k and went under contract almost immediately.
https://www.redfin.com/DC/Washington/915-4th-St-NE-20002/home/9894997
https://www.redfin.com/DC/Washington/916-5th-St-NE-20002/home/9894973
https://www.redfin.com/DC/Washington/915-4th-St-NE-20002/home/9894997
https://www.redfin.com/DC/Washington/916-5th-St-NE-20002/home/9894973
Anonymous
07/23/2020 22:45
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Anonymous wrote:
Too high for me given how far East it is and that it is zoned for Miner. We are constantly looking for 3 bedrooms row houses this size because we'd like to upgrade from our 2 bedroom condo, but I wouldn't go over 700k for something in this part of the neighborhood. Especially because this one has little curb appeal and weird architecture that is going to hurt your resale value even if you are fine with the school.
I was wondering why it’s been sitting a little longer - seems like it could be spruced up from the front but agree about the weird architecture. I’ve seen a few come up in the general vicinity of this block - outside of school zone, do ppl like the neighborhood overall?
Anonymous
07/23/2020 22:29
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Anonymous wrote:Anonymous wrote:Not much change from previous listings other than a couple of significant price drops. Let's call this round the Blue Period. I think there are some great deals here this time.
3br/3ba for $850k: My favorite features are the front and back covered porches and landscaped patio, lots of outdoor entertaining space. Finished basement for more entertaining. Solar panels.
https://www.redfin.com/DC/Washington/610-M-St-NE-20002/home/9898221
3br/2ba for $799k:Built-ins and lots of light. I love the facade color. Google "Essaouira blue" -- that's the color palette that I'd use to decorate this home.
https://www.redfin.com/DC/Washington/318-14th-St-NE-20002/home/9913466
3br/2ba for $749k: Quirky renovations won't appeal to everyone, but I love the irreverent juxtaposition of old and new.
https://www.redfin.com/DC/Washington/916-5th-St-NE-20002/home/9894973
2br/2ba for $719k: Condo on top of (the former?) Dio Wine Bar. I don't think pop-up condos like this are a particularly good value, but the private roof deck is a nice bonus for someone who wants to live right on H Street. Okay and technically not blue, but the rug in the living room counts for inclusion in this round...
https://www.redfin.com/DC/Washington/904-H-St-NE-20002/unit-3/home/109667923
2br/1ba for $669k: Cute as a button on a quiet minor street. This would be my "condo alternative" pick of the week.
https://www.redfin.com/DC/Washington/241-Warren-St-NE-20002/home/9913517
First three houses are pending. The condo and Warren St. house are still available.
3-bedroom row homes in this neighborhood never last, especially ones zoned for Maury. That H street condo will sit for a while though. That pop-up is super ugly even if the apartment itself is really cute and the deck is nice. The Warren St. shouldn't last too long. It's small for the neighborhood but its increasingly hard to find houses for less than 700 south of Florida. This is a great house for a single or couple with no kids if you can swing it. The outdoor space is amazing.
Anonymous
07/23/2020 22:26
Subject: Re:Are these H St. NE / Capitol Hill houses prices appropriately?
Too high for me given how far East it is and that it is zoned for Miner. We are constantly looking for 3 bedrooms row houses this size because we'd like to upgrade from our 2 bedroom condo, but I wouldn't go over 700k for something in this part of the neighborhood. Especially because this one has little curb appeal and weird architecture that is going to hurt your resale value even if you are fine with the school.