Above Asking: The $350,000 Lanier Heights Premium

• November 30, 2016

by Nena Perry-Brown

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

A Lanier Heights Rowhouse in High Demand

Located a short walk from Adams Morgan’s main drag, this Lanier Heights rowhouse sold this week for $351,000 above its original asking price. Although unassuming from the outside, plenty of charming architectural details can be found throughout the five-bedroom house, notably the custom wood paneling and built-ins on the first floor and restored wood staircase. There is also plenty of outdoor space courtesy of a bi-level patio and a balcony unique to one of the bedrooms on the third floor. It’s no wonder that the house went off the market within a week of being listed, and incited a bidding war as well.

• Full Listing: 2727 Ontario Road NW (map)
• Asking Price: $1,049,000
• Sales Price: $1,400,000
• Bedrooms: Five
• Bathrooms: 3.5
• Square Feet: 3,425
• Listing Agent: Mary Lynn White, Evers & Company Real Estate

$50,000 Above Asking for Capitol Hill Rowhouse with Hotel History

On the opposite side of the city, a much more predictable premium was attached to the sale of this Victorian rowhouse on Capitol Hill. Originally built in 1892, the house was restored in 1965 and includes ornate ironwork on its exterior stair and balcony, salvaged from the Raleigh Hotel, a Beaux-Arts building downtown designed by architect Henry Janeway Hardenbergh and demolished in the early 1960s. In addition, the basement is a valid one bedroom rental with certificate of occupancy.

• Full Listing: 814 E Street SE (map)
• Asking Price: $849,000
• Sales Price: $898,000
• Bedrooms: Three
• Bathrooms: 2.5
• Square Feet: 1,785
• Year Built: 1900
• Listing Agents: Jeanne Harrison, Compass

Photos courtesy of HomeVisit.

This article originally published at http://dc.urbanturf.com/articles/blog/above_asking_from_50000_to_350000/11930