Home | Newsletter | Advertise
loading...

Above Asking: $150,000 to $175,000 Over List

  • July 17th 2013

by Shilpi Paul

In Above Asking, we sift through real estate records and highlight homes that recently sold for above their asking prices.

Above Asking: $150,000 to $175,000 Over List: Figure 1

Rowhouse in Oft-Overlooked Truxton Circle

In June, we highlighted this property in our Multiple Bids feature. We figured that the bright rowhouse in Truxton Circle would attract quite a few interested buyers. Now that the sale has closed, we know that a bidding war ensued, and the final sale price is staggeringly higher than the original asking price. On July 12th, the home sold for just over $706,000, $176,300, above the asking price.

  • Address: 401 R Street NW (map)
  • Asking Price: $529,900
  • Sale Price: $706,200
  • Bedrooms: Three
  • Bathrooms: 1.5
  • Year Built: 1900
  • Days on Market: 7

Above Asking: $150,000 to $175,000 Over List: Figure 2

Competing in Mount Pleasant

Another property featured in Multiple Bids was this four-bedroom rowhouse in Mount Pleasant that caught our eye because of its low price per square foot, in-law suite, and location. Mount Pleasant now has a reputation where homes sell for six figures above their asking price. Add this one to the list; the home sold for an even $1 million.

  • Address: 1718 Hobart Street NW (map)
  • Asking Price: $849,000
  • Sale Price: $1 million
  • Bedrooms: Four
  • Bathrooms: 3.5
  • Year Built: 1927
  • Days on Market: 7

See other articles related to: above asking, dclofts, mount pleasant, truxton circle

This article originally published at https://dc.urbanturf.com/articles/blog/above_asking_bidding_wars_drive_prices_up_more_than_150000/7325.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse