Above Asking: A $45,000 Premium in Mount Pleasant

• September 4th 2018

by Nena Perry-Brown

For this edition of Above Asking, UrbanTurf revisits three recently-featured listings which sold for five figures over asking price.

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Studio with Separate Spaces and Flexible Furniture Sells at Premium

Over in Dupont Circle, this 480 square-foot studio is a clash between two stylistic philosophies: the wood-and-tile prevalent rustic Tuscan aesthetic and the forward-thinking modular furniture movement. The unit is arranged in a series of narrow, windowed spaces, with the tiled foyer leading to a galley kitchen with butcher block countertops and plank shelving with mosaic tile flooring through an arched doorway on one side. On the other side of the foyer, an arched carved-wood door opens into the living/sleeping room, where one wall is occupied by a shelving console with drawers and cabinets concealed behind frosted doors, and a desk which swings open to pull down a lengthwise Murphy bed. The efficient studio sold for $23,207 over listing price.

• Full Listing: 1725 17th Street NW, #207 (map)
• Asking Price: $279,000
• Sales Price: $302,207
• Bathrooms: One
• Square Feet: 480
• HOA Fees: $523/month
• Year Built: 1917
• Listing Agent: David Abrams, Compass

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$29,000 Above Asking for Two C of Os

Selling for $29,000 above its list price, this remodeled K Street NE rowhouse comes complete with a one-bedroom English basement with a separate C of O. The upper levels of the rowhouse play up its traditional design, with inlayed borders in the hardwoods delineating the rooms on the open-concept main floor. An angled fireplace anchors the living room while a standalone doorway creates a segue to the dining room. Alongside the stairway, whitewashed exposed brick runs up the wall to the skylit landing, where all the bedroom doors have transom windows. Two of the bedrooms are spacious en-suites, each with a huge picture window: one has a near double-height ceiling and exposed brick accent walls, and the other has a separate sitting area with exposed brick accent wall.

• Full Listing: 403 K Street NE (map)
• Asking Price: $1,196,000
• Sales Price: $1,225,000
• Bedrooms: Four
• Bathrooms: 3.5
• Square Feet: 1,712
• Year Built: 1909
• Listing Agent: Mita Patel, Samson Properties

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A $45,000 Premium for an Award-Winner

Listed for just under a half-million dollars, this 780 square-foot one bedroom condo ended up selling for $45,100 above asking price. The unit is in the Schafer Mansion, a boutique condo building which won the Historic Mount Pleasant Design award in 2012. Ceilings rise as high as 11 feet throughout the unit, which is split between Victorian and contemporary architecture. The living room centers around an ornate wood mantel framing a green-tiled fireplace, while the adjacent wall ends in a rounded bay with leaded windows above a built-in bench, book-ended by wood panel wainscoting. On the opposite wall overlooking the living room, the kitchen nook is more stark and minimalist, with a large island that doubles as a breakfast bar and has a pot-filling spout.

• Full Listing: 3324 18th Street NW, #3 (map)
• Asking Price: $499,900
• Sales Price: $545,000
• Bedrooms: One
• Bathrooms: One
• Square Feet: 780
• HOA Fees: $330/month
• Year Built: 1909
• Listing Agent: Avi Adler, Long & Foster Real Estate

This article originally published at https://dc.urbanturf.com/articles/blog/above-asking-a-45000-premium-in-mount-pleasant/14394.