Above Asking: A $50,000 Premium in Historic Hyattsville; A $40,000 Premium in Kalorama

• February 22nd 2022

by Nena Perry-Brown

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For this installment of Above Asking, UrbanTurf looks back at a few recently-featured listings, each of which sold for a five-figure premium.

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$40,000 Over Off 14th Street

Located just off the 14th Street Corridor, this two-bedroom condo only has 850 square feet of interior space, but still sold for a $40,000 premium. The U-shaped kitchen nook has a floating hood above an integrated cooktop and is open to the living room with a bay window nook on the opposite wall. The hall creates space for an office area, and the owner's bedroom has double exposure courtesy of a juliet balcony. The unit also has 1.5 baths and a laundry closet.

• Full Listing: 1402 Swann Street NW, #6 (map)
• Asking Price: $699,000
• Sold Price: $739,111
• Bedrooms: Two
• Bathrooms: 1.5
• Square Feet: 843
• HOA Fees: $300/month
• Year Built: 1900
• Listing Agents: Ellen Sandler, Susan Berger, Evers & Co. Real Estate

Photo courtesy of David Gershman.

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A $41,000 Premium for One Bedroom and an Office

This one-bedroom unit a block from Kalorama Park sold for $41,000 above asking, with an offer accepted 48 hours after it hit the market. Windows in the open-concept living/dining area offer views of the U.S. Capitol, and the residence comes with a separately-deed parking space. The bedroom, however, is the main event, as it provides a floor-to-ceiling built-in shelving unit, enough space for a sitting area, and a set of paned french doors opening into a sunroom-like sleeping porch that can function as office or bonus space. 

• Full Listing: 1901 Columbia Road NW, #603 (map)
• Asking Price: $450,000
• Sold Price: $491,000
• Bedrooms: One
• Bathrooms: One
• Square Feet: 696
• HOA Fees: $550/month
• Year Built: 1922
• Listing Agent: Shari Gronvall, Compass

Photo courtesy of HomeVisit.

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$51,000 Above Asking in Historic Hyattsville

Not only did this colonial-style house go under contract the day it listed, it also sold for a $51,000 premium. The house retains original features like its hardwood floors and a wood-burning fireplace in the living room with a mantel that extends to create built-in shelving beneath. It also has space to grow courtesy of an unfinished attic and a carpeted lower level with full bath. Other amenities include a main-level sunroom with brick accent wall, an attached garage, and a spacious rear yard with mature trees.

• Full Listing: 5711 39th Avenue (map)
• Asking Price: $599,000
• Sold Price: $650,000
• Bedrooms: Three
• Bathrooms: 2.5
• Square Feet: 2,241
• Year Built: 1931
• Listing Agent: Silvana Dias, Long & Foster Real Estate

Photo courtesy of Paul Latallo.

This article originally published at https://dc.urbanturf.com/articles/blog/above-asking-in-historic-hyattsville-and-kalorama/19293.