Above Asking: Huge Premiums From Brentwood to Takoma

• August 24th 2020

by UrbanTurf Staff

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This week’s edition of Above Asking revisits two listings that sold for significantly higher than their asking price. 

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A $90,000 Premium For a Brentwood Three-Bedroom

This mid-century Cape Cod in Brentwood was on the market for just five days before a buyer paid $90,000 above the listing price to get it under contract. Two of the home's three bedrooms are on the main level, one of which has recessed shelving and a cedar-clad walk-in closet with built-ins. The home's galley kitchen has gray and white tiled floors, gray cabinetry surrounding the white farmhouse basin sink with drainboards on either side, and a breakfast nook near the back door. Stairs in the kitchen lead up to an upper level beneath a vaulted ceiling, with a sitting area or bonus room on one side and an L-shaped bedroom with built-ins, a wall-to-wall window bench, and an en-suite bath on the other. The home has a spacious, unfinished lower level, solar panels, and off-street parking. 

• Full Listing: 4309 40th Street (map)
• Listing Price: $335,000
• Sales Price: $425,000
• Bedrooms: Three
• Bathrooms: Two
• Square Feet: 1,564 
• Year Built: 1930
• Listing Agent: Marci Wasserman, Long & Foster Real Estate

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$130,000 Above Asking For a Corner Takoma Bungalow 

This 2,700 square-foot bungalow with its generous wraparound porch caught the eye of many interested buyers, hence the six-figure premium it fetched. The living room has a white painted brick fireplace with mantel, and the kitchen has white subway tile walls, open shelving, a stainless steel hood above the stove, and a breakfast bar island. The dining room has a butler's pantry area built out of one wall and a bright bonus nook. Two bedrooms share a bath with double sink off the hall on the main level, and the lower level has a rec room with office nook, a third bedroom, a full bath, and a laundry room. The corner lot offers ample side- and backyard space, along with a bi-level slate patio with built-in fire pit.

• Full Listing: 7201 8th Street NW (map)
• Listing Price: $849,900
• Sales Price: $978,000
• Bedrooms: Three
• Bathrooms: Two
• Square Feet: 2,726
• Year Built: 1928
• Listing Agent: Angela Wilson, Keller Williams Capital Properties

This article originally published at https://dc.urbanturf.com/articles/blog/above-asking-100000-premiums-from-brentwood-to-takoma/17229.