Above Asking: A $37,000 to $61,000 Premium

  • July 25th 2016

by UrbanTurf Staff

In this edition of Above Asking, UrbanTurf takes a look at two recently-featured homes that went for more than their listed price.

Above Asking: A $37,000 to $61,000 Premium: Figure 1

Multiple Offers for a Quintessential Capitol Hill Rowhouse

This Federal-style rowhouse exemplifies everything that makes the Capitol Hill neighborhood a draw, from the cozy front porch to the backyard patio. A fireplace in the living room is framed by built-in shelving units, and there are crown moldings and hardwood floors throughout the main level. A shed behind the rear patio also offers additional storage. On the market for just about a week, a multiple offer situation resulted in the home selling at a $61,000 premium.

  • Full Listing: 424 Kentucky Avenue SE (map)
  • Asking Price: $750,000
  • Sales Price: $811,000
  • Bedrooms: Three
  • Bathrooms: 1.5
  • Square Feet: 1,446
  • Year Built: 1906
  • Listing Agent: Renata Briggman, Keller Williams Realty

Above Asking: A $37,000 to $61,000 Premium: Figure 2

A $35,000 Premium For Brick, Stone, and Wood in Chevy Chase

The brick and stone-accented exterior of this Chevy Chase Tudor hints at the abundance of rustic features and nooks inside. The home has wood trim, built-ins and accents throughout, perhaps best highlighted in the home’s finished attic that has been set up as the main lounging area. There are also several outdoor spaces: the dining room opens onto a lower level back porch, the finished attic has a balcony attached, and one of the bedrooms opens onto a screened-in porch. The whole package resulted in a $37,000 premium for the four-bedroom listing.

  • Full Listing: 5516 30th Place NW (map)
  • Asking Price: $899,000
  • Sales Price: $936,000
  • Bedrooms: Four
  • Bathrooms: Two
  • Year Built: 1931
  • Listing Agent: Kimberly Cestari, W.C. & A.N. Miller

This article originally published at https://dc.urbanturf.com/articles/blog/above_asking_a_37000_to_61000_premium/11507.

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