A Five-Figure Premium for a Pair of Park-Proximal Properties

• August 17th 2020

by Nena Perry-Brown

This week’s edition of Above Asking revisits two recently-featured listings near two Northeast "Parks" that each sold for five figures above asking price. 

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A $93,000 Premium Near Kingman Park

Just on the edge of the Rosedale pocket-neighborhood near Kingman Park, this turn-of-the-century rowhouse on Tennessee Avenue sold recently for $93,000 above asking. Past the front patio and the tiled-floor entry vestibule, there is a weathered brick accent wall along the hall and up the stairs. The living room has a tripartite bay window and an angled fireplace, with the latter feature repeated in the adjacent dining area. The U-shaped kitchen has patterned black-and-white floors, white subway tile walls, and a concealed hood above the oven. The owner's bedroom also has a bay window and nearly a full wall of closets, and the shared full bath has recessed shelves, rectangular marble-tiled walls, and black honeycomb-tiled floors. The house also has an unfinished basement, a fenced-in rear brick patio, and a firewood shed.

• Full Listing: 526 Tennessee Avenue NE (map)
• Asking Price: $839,000
• Sold Price: $932,000
• Bedrooms: Three
• Bathrooms: 1.5
• Square Feet: 1,440
• Year Built: 1900
• Listing Agent: James Thomley, RLAH Real Estate

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$51,000 Above Asking for Pair of Units in Lincoln Park

For more turn-of-the-century style, this 4,000 square-foot Victorian steps from Lincoln Park sold for $51,000 above its listing price. The three-story house includes three kitchens and two separately-metered units, one of which is a rear-access one-bedroom with den on the main level. There is also a bedroom suite and a living room with turret bay window on the main level that is connected to additional living space upstairs. An additional two bedrooms and two baths are also on this level, and one of the bedrooms has private balcony access. The lower level can also serve as another unit, as it includes a den, full bath with laundry area, minimalist kitchen and living room, and a bedroom hidden behind a swinging bookcase door. 

• Full Listing: 114 11th Street SE (map)
• Asking Price: $1,499,000
• Sold Price: $1.55 million
• Bedrooms: Five
• Bathrooms: Five
• Square Feet: 4,020
• Year Built: 1905
• Listing Agents: Ty Voyles, Michele Pratt, Keller Williams Capital Properties

This article originally published at https://dc.urbanturf.com/articles/blog/a-five-figure-premium-for-a-pair-of-park-proximal-properties/17197.