Above Asking: The $200,000 Premiums in Bloomingdale and Palisades

• May 1st 2023

by UrbanTurf Staff

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In this week's Above Asking, we highlight two recently featured listings that sold for more than $200,000 above their original list price. 

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Huge Premium For a Mid-Century Modern Home in the Palisades

This mid-century five-bedroom, designed by architect Luis "Lucho" Vera for his family, sold last week for $232,000 above its asking price. Built around a central courtyard featuring a garden and a wet bar, there are lots of wide windows and doors for outdoor access. A living area in the middle of the home stands out with room for almost any style of furniture. The spacious kitchen features light blue cabinetry, ample counter space, a skylight, access to the courtyard and tile flooring. 

• Full Listing: 4831 Hutchins Place NW (map)
• Asking Price: $1,999,000
• Sales Price: $2,231,537
• Bedrooms: Five
• Bathrooms: 3.5 
• Square Feet: 4,811
• Year Built: 1965
• Listing Agents: Delia McCormick & James Gregory, Washington Fine Properties

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$211,000 Above For A Grand Dame in Bloomingdale 

Located at the end of a Bloomingdale block, this Grand Dame received four offers and sold for $211,000 above its list price. The home has several elegant features, including a custom spiral stairwell, vintage subway tile in the former vestibule entry and original pine flooring and trim. All the bedrooms have unique architectural angles, such as the mezzanine level room featuring a blue circus tent-like ceiling. This level also has a window made from bulletproof glass reclaimed from a Baltimore bank vault. The top level is the entry point to the roof deck, which offers sweeping views of the city beyond. A sub-basement unit could be rented out and includes a full kitchen and a private entry. 

• Full Listing: 114 W Street NW (map)
• Asking Price: $1,299,000
• Sales Price: $1,510,064
• Bedrooms: Five
• Bathrooms: 4.5
• Square Feet: 2,936
• Year Built: 1908 
• Listing Agents: Renee Peres & Suzanne Des Marais, Compass

This article originally published at https://dc.urbanturf.com/articles/blog/above_asking_the_200000_premiums_in_bloomingdale/20966.