$50,000 Above Asking off H Street and Above a Lowered Asking Price in Kalorama

• March 18th 2019

by Nena Perry-Brown

This week's edition of Above Asking revisits two-recently featured listings, one of which saw asking price lowered before ultimately selling for more than the lowered asking price.

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$5,100 Above, $8,000 Below

When UrbanTurf featured this 1,000 square-foot Kalorama condo in early February, it was listed at $549,000. The price was dropped to $535,900 a few days later, and when the unit went under contract four days after that, it did so for $5,100 above the second asking price. The spacious two-bedroom retains a lot of its original charm courtesy of chestnut hardwoods, moldings and trim; 10-foot ceilings and semi-circular bays with extra-tall windows. Those bays create rounded spaces for the living room, which also has an ornate wood fireplace with tiled and mirrored panels, and in the second bedroom, which could also serve as a dining or bonus room. The bathroom is primarily finished in white and grey marble with frameless glass surrounding the tub, while the kitchen has a wrap-around island. 

• Full Listing: 2220 20th Street NW, #3 (map)
• Asking Price: $535,900
• Sold Price: $541,000
• Bedrooms: Two
• Bathrooms: One
• Square Feet: 1,000
• HOA Fees: $521/month
• Year Built: 1901
• Listing Agent: Vince Hurteau, Continental Properties

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Five Figures Above Asking Near H Street

Just off the H Street Corridor, the sale of this Victorian rowhouse for $50,000 above asking may illustrate the endurance of the high-demand housing market in this neighborhood. The updated house packs plenty of original character throughout its 3,000 square feet, particularly evident along the open-concept main level. In the front living area, a bay window sits adjacent to a built-in shelving-and-cabinet. An extra-wide archway suggests a sitting room with a white fireplace beneath a built-in mirror across from the staircase and its exposed brick wall. The dining room has a pair of oversized windows on its curved wall, and the kitchen has a pressed tin tray ceiling and a farmhouse sink beneath a window. The house also has a lower level in-law suite, with bedroom, full bath and kitchen, a wooden rear deck above a red brick patio, and attached garage door-accessible two-car parking pad.

• Full Listing: 809 7th Street NE (map)
• Asking Price: $1,165,000
• Sold Price: $1,215,000
• Bedrooms: Five
• Bathrooms: 3.5
• Square Feet: 3,004
• Year Built: 1938
• Listing Agent: Ned Kraemer, Compass

This article originally published at https://dc.urbanturf.com/articles/blog/50000-above-asking-off-h-street-and-two-sell-for-above-lowered-asking-price/15145.