Above Asking: $5,000 or $10,000 Premiums

• October 3rd 2022

by UrbanTurf Staff

In this week's edition of Above Asking, UrbanTurf features a couple listings that sold for just slightly above their original asking prices. 

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A $5,000 Premium For A Mini Compound in Alexandria

The arrangement of this Alexandria home -- with one main building and two annexes that could be put to any number of uses -- resulted in a buyer coming along just 48 hours after it was listed and paying $5,000 above the list price. The primary house features a spacious patio, and inside there is a primary bedroom with a fireplace, a modern kitchen and a full bath, and the a-frame ceiling give off a country-esque feel. Large windows, skylights and sliding doors ensure that the space gets lots of light. In the back of the lot, the first annex features a living area with another full bathroom. The second annex is unfinished and would be perfect for a studio or workshop. Out back, a covered parking space features a charging port for electric vehicles. 

• Full Listing: 3218 Groveton Street (map)
• Asking Price: $475,000
• Sales Price: $480,000
• Bedrooms: Two
• Bathrooms: 2.5
• Square Feet: 882
• Year Built: 1930
• Days on Market: 2
• Listing Agent: Lisa Koch, Weichert, REALTORS

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$10,000 Above List for a Brookland Home Above the Street

This three-bedroom colonial above Lawrence Street in Brookland sold for $10,000 above its $815,000 price last week. The living room has a stone fireplace and large windows, and a large formal dining room leads into a fully enclosed sunroom with a wall of windows. The kitchen, which has been renovated and has plenty of counter and cabinet space, leads out to a garden and off-street parking. The three bedrooms are on the upper level, and there are beautiful plantings that surround the home that have been maintained by the longtime owner. 

• Full Listing: 1403 Lawrence Street NE (map)
• Asking Price: $815,000
• Sales Price: $825,000
• Bedrooms: Three
• Bathrooms: 1.5
• Square Feet: 1,445
• Year Built: 1924
• Days on Market: 1 
• Listing Agent: Sam Solovey, Compass

Photo courtesy of HomeVisit.

This article originally published at https://dc.urbanturf.com/articles/blog/above-asking-5000-or-10000-premiums/20153.