Above Asking: A Case Study in North Cleveland Park

• November 20, 2017

by Nena Perry-Brown

In this week’s edition of Above Asking, UrbanTurf revisits three previously-featured listings, from a condo on the Kalorama-Adams Morgan border and an adorable bungalow in Takoma to a North Cleveland Park home that commanded six figures above the listing price.

Location is a Twofer for Two-Bedroom Condo

Not only did this two-bedroom condo find a buyer within four days of hitting the market, it also netted a $20,000 premium. Its convenient location on the border between the Adams Morgan and Kalorama neighborhoods isn’t the only selling point — the sun-filled unit also has nearly double-height ceilings in some of the main living areas, from the skylit living room to the adjacent solarium-style dining area. Built-in shelving in the living room and in various nooks also maximizes the unit’s generous space.

• Full Listing: 1827 Florida Avenue NW, #404 (map)
• Asking Price: $570,000
• Sales Price: $590,000
• Bedrooms: Two
• Bathrooms: Two
• HOA Fees: $440/month
• Listing Agent: Pam Wye, Compass

Photo courtesy of HomeVisit.

Buyer Takes on the Competition in Takoma

This Takoma bungalow, just a block from the upcoming Walter Reed redevelopment, has a combination of coziness, character and convenience that commanded an $83,000 premium. The dark-stained wood and trim throughout the house provide an impactful visual anchor. Skylights shed light in unexpected places, from the large breakfast nook in the kitchen to the upstairs bath, which also has heated floors. The second bath is in the partially-finished basement, perhaps providing the perfect incentive to customize the extra space.

• Full Listing: 6926 9th Street NW (map)
• Asking Price: $679,000
• Sales Price: $762,000
• Bedrooms: Four
• Bathrooms: Two
• Year Built: 1917
• Listing Agent: Chris Fischer, McEnearney Associates

A Case Study in North Cleveland Park

It seems like just yesterday that UrbanTurf was highlighting how North Cleveland Park was one of the city’s most competitive neighborhoods. The recent sale of this semi-detached four-bedroom home is a prime example of just how desirable and aggressive the housing market is in that area, as the house was purchased for $127,780 above listing price. The house is charming from the front door, where the brick-faced roofline gently swoops down above an arched entryway that houses the front door. That same slope creates a nearly-triangular attic bonus room. In the rear, flagstone, brick and concrete create various seating areas below a wooden deck.

• Full Listing: 4207 38th Street NW (map)
• Asking Price: $1,075,000
• Sales Price: $1,218,000
• Bedrooms: Four
• Bathrooms: Three
• Year Built: 1926
• Listing Agents: Kimberly Cestari, W.C. & A.N. Miller, Realtors

Photo courtesy of HomeVisit.

This article originally published at http://dc.urbanturf.com/articles/blog/above_asking_a_case_study_in_north_cleveland_park/13276