Above Asking: A Green House, A Renovation, A Penthouse and A Bungalow

• May 13th 2013

by Shilpi Paul

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At the prompting of one of our commenters, UrbanTurf is introducing a new feature, Above Asking, where we sift through the real estate records and highlight homes that have recently sold for above their asking prices.

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Inspiring Renovation on Harvard Hill

In February, we featured a fixer-upper that was taking a creative approach to marketing: agent Ed Schneider put together a portfolio of neighboring homes with similar floorplans that underwent impressive renovations. The tactic must have worked: the as-is home sold for almost $60,000 over the asking price.

• Address: 1759 Harvard Street NW (map)
• Asking Price: $615,000
• Sale Price: $673,000
• Bedrooms: Three
• Bathrooms: Two
• Year Built: 1943
• Days on the Market: 7

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Penthouse in a Bloomingdale Victorian Conversion

Prices in Bloomingdale have been heading upwards with the rest of DC’s market, and the neighborhood is now busier than ever, with multiple new restaurants opening up on 1st Street NW. Many of the rowhouses throughout the neighborhood have been chopped up into condos to make room for the increased demand. This penthouse is an example of that demand. In under a week, this high-end unit attracted a buyer willing to pay $34,000 over asking for the two-bedroom.

• Address: 1827 1st Street NW, #3 (map)
• Asking Price: $599,999
• Sale Price: $633,000
• Bedrooms: Two
• Bathrooms: Two
• HOA Fees: $250/month
• Square Footage: 1,300
• Days on the Market: 6

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The Greenest House on the Hill

This home was marketed as “the greenest house on the Hhill” when it hit the market in March. Green features do abound, like extensive insulation that bring utility costs down to $20-$30 per month, a green roof, and 24 solar panels. The title must have attracted attention: the home went under contact in one week, and the sale price was more than $50,000 over asking.

• Address: 1430 Independence Avenue SE (map)
• Asking Price: $749,900
• Sale Price: $803,000
• Bedrooms: Four
• Bathrooms: 3.5
• Square Footage: 1,304
• Days on the Market: 7

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Cute Del Ray Bungalow With a Peaked Roof

This Del Ray bungalow has a cute exterior, and an interior made even better by creative owners who made good use of the many rooms: there is an office/music room, nursery and a screened-in porch. Initially, the owners put the home on the market for just $2,000 over their 2010 sale price. They must have been pleased with the current market: the home eventually sold for about $34,000 over asking.

• Address: 8 Custis Avenue West, Alexandria, VA (map)
• Asking Price: $739,000
• Sale Price: $773,500
• Bedrooms: Four
• Bathrooms: Two
• Year Built: 1935
• Days on the Market: 6

This article originally published at https://dc.urbanturf.com/articles/blog/above_asking_a_green_house_a_renovation_a_penthouse_and_a_bungalow/7056.