Above Asking: $100 to $35,000 Premiums

• August 24th 2022

by UrbanTurf Staff

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In this week's edition of Above Asking, UrbanTurf features three listings that sold for premiums ranging from just $100 above asking to $35,000 above asking. 

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$18,000 Above For A Hyattsville Bungalow

This cute two-bedroom bungalow located in the heart of Hyattsville sold recently at an $18,000 premium above its original asking price. A marble kitchen breakfast bar overlooks the informal dining and upstairs living room, and a back sunroom offers the perfect location for a home office. Downstairs, there is a larger living room, laundry area, full bathroom and a bonus room, which is currently staged as a craft studio. The walk-up front patio can comfortably fit two lounge chairs while the back deck is a bit more spacious and has stairs leading out to the grass. 

• Full Listing: 5809 40th Avenue (map) 
• Asking Price: $435,000
• Sales Price: $453,000
• Bedrooms: Two
• Bathrooms: Three
• Square Feet: 1,020
• Year Built: 1931
• Listing Agent: Katie Geffken, Keller Williams Capital Properties

Photo courtesy Mary Pat Collins 

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A $36,000 Premium in Woodbridge  

The fairly traditional layout of this three-bedroom home in Woodridge attracted a few bidders and the home ultimately sold for $36,000 above its asking price. UrbanTurf's favorite feature of the home is the new kitchen - where there's no shortage of space for storage or food preparation and light gray cabinets match the tile floor. A fireplace draws the eye to the living room and a screened-in patio offers access to the backyard. The new owners probably like the basement which has a family room, additional laundry/rec room and additional bedroom. 

• Full Listing: 3210 20th Street NE (map)
• Asking Price: $749,000
• Sales Price: $785,000
• Bedrooms: Three
• Bathrooms: Three
• Square Feet: 1,600
• Year Built: 1936
• Listing Agent: Yo-G Gozner, Keller Williams Capital Properties

Photo courtesy Fulcrum Properties Group

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A $100 Premium For a Corner Condo Near Union Station

Sandwiched between Union Market and Union Station, this two-bedroom corner condo sold just barely above asking with a $100 premium. Though many fixtures, such as the stainless-steel appliances, help the space to feel updated, the dark cabinetry, and carved wooden front door create a more classic aesthetic. UrbanTurf especially loves the white brick on the back wall and the bottom portion of the unit that could be perfect for storage. Two off-street parking spaces are included with the listing and one of them is currently being leased for $200/month. 

• Full Listing: 1038 5th Street NE, #1 (map) 
• Asking Price: $499,900
• Sales Price: $500,000
• Bedrooms: Two
• Bathrooms: Two
• Square Feet: 685
• Year Built: 1930
• Listing Agent: Tyler Beale, Compass

Photo courtesy HomeVisit 

This article originally published at https://dc.urbanturf.com/articles/blog/above-asking-100-to-35000-premiums/19999.