At or Above Asking: Priced Right in Logan Circle and Capitol Hill

• August 13, 2013

by Shilpi Paul

In Above Asking, UrbanTurf highlights homes it has featured that recently sold for above their asking prices. This week, we didn’t see any huge price jumps: it looks like the properties we recently featured went at or just above their asking price. Here are a few.

One of Logan’s First Modern, Industrial Condos

While this industrial-looking Church Street unit was snapped up by a buyer within five days, it looks like the original asking price was pretty much right on for the market: the home sold for less than $10,000 above the asking price. The unit is in The Metro, a condo project that went up on Church Street in 2004 around the beginning of Logan Circle’s renaissance. There are floor-to-ceiling windows, exposed piping and an open floor plan (like many residential buildings along this block), and a few extra touches like an Elfa organizing system in the closet, a small outdoor balcony and garage parking.

• Address: 1444 Church Street NW, #201 (map)
• Asking Price: $699,000
• Sale Price: $707,177
• Bedrooms: Two
• Bathrooms: Two
• Square Footage: 1,050
• HOA Fees: $412 per month
• Days on Market: 5

Historic Capitol Hill Rowhouse Renovated By Owners

This Capitol Hill rowhouse entered the market in June for the first time since 2007. The home had been updated over time by the owners, and retained historic details like woodwork, etched glass transoms and moldings. There is a rentable basement efficiency as well as a porch off of the second story and a patio in the backyard. Priced at $775,000, it took about two weeks for the right buyer to come along, but when they did, they paid full price.

• Address: 514 7th Street NE (map)
• Asking Price: $775,000
• Sale Price: $775,000
• Bedrooms: Three
• Bathrooms: 2.5
• Year Built: 1909
• Days on Market: 13 days

This article originally published at http://dc.urbanturf.com/articles/blog/at_or_above_asking_priced_right_in_logan_circle_and_capitol_hill/7450