Above Asking: DC’s One-Room House

• June 4, 2013

by Shilpi Paul

In Above Asking, we sift through real estate records and highlight homes that recently sold for above their asking prices.

DC’s One-Room House

This attention-grabbing home was a good fit for those with the budget for a studio but the hankering for a house. The Capitol Hill home has 371 square feet, no walls, and a small, grassy backyard. It found a buyer five days after hitting the market, following a bidding war. The final price was about $30,000 above asking.

• Address: 1349 C Street NE (map)
• Asking Price: $248,500
• Sale Price: $280,000
• Bedrooms: Studio
• Bathrooms: One
• Year Built: 1911
• Days on Market: 5

Top Floor Unit At 17th and T

This one-bedroom is well-located (at the corner of Adams Morgan, Dupont Circle, and the U Street Corridor), well-placed (at the top of the building), and well-lit (as a corner unit, it has ample windows and a skylight). As such, we weren’t surprised when the property found a buyer in under a week. It appears that the asking price was a pretty good guess at what it would fetch: the condo sold for about $11,000 above asking.

• Address: 1741 T Street NW, #404 (map)
• Asking Price: $385,000
• Sale Price: $395,850
• Bedrooms: One
• Bathrooms: One
• Square Footage: 665
• HOA Fees: $270/month
• Days on Market: 5

Chevy Chase Cottage With a White Picket Fence

For those looking for a more suburban feel in the city, this Chevy Chase cottage offered four bedrooms, a “country kitchen, a white picket fence, and a covered front from which to wave to the neighbors. Homes like this certainly have fans, and this one was no exception: the home went under contract in six days, and sold for almost $40,000 above asking.

• Address: 3395 Stuyvesant Place NW (map)
• Asking Price: $769,000
• Sale Price: $806,000
• Bedrooms: Four
• Bathrooms: Three
• Year Built: 1926
• Days on the Market: 6

This article originally published at http://dc.urbanturf.com/articles/blog/above_asking_dcs_one_room_house/7147