Below Asking: Small Discounts From the Palisades to Penrose

• January 23rd 2023

by UrbanTurf Staff

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In Below Asking this week, UrbanTurf takes a look at two homes recently featured on UrbanTurf that ultimately sold for below their asking price.

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A $34,000 Break on a Renovated Palisades Bungalow

This spacious Palisades home recently sold at a $34,000 discount compared to its original $1.9 million asking price. The centerpiece of the home may be the living room, with an entertainment center and a wood-burning fireplace. Slightly elevated by two steps, the kitchen and breakfast area have ample white cabinetry, dark marble countertops, a breakfast bar, a white subway tile backsplash, a gas stovetop, overhead lighting and a door leading to the backyard. The primary suite on the top floor offers a full soaking tub, a separate shower, a fireplace and several stain-glass windows. The basement also has a few stained-glass accents and offers a laundry area, storage and another flex space that could be used as a studio or extra living room. 

• Full Listing: 5400 Galena Place NW (map)
• Asking Price: $1,899,000
• Sold Price: $1,865,000
• Bedrooms: Four
• Bathrooms: 3.5 
• Square Feet: 3,970
• Year Built: 1925
• Listing Agent: Mary Lynn White, Compass

Photo Courtesy of Wendell and Anthony 

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$10,000 Less For a Penrose Bungalow Flooded With Light

This Arlington bungalow hit the market on a Wednesday and found a buyer three days later for $10,000 less than the $825,000 asking price. A large sunroom that could be used as a sitting area or solarium for plants sits just inside the front door. The kitchen looks out over the primary living room from a seated breakfast bar and features plenty of counter space, a neutral-toned tiled mosaic backsplash and updated stainless steel appliances. A formal dining room just off the kitchen has a chandelier reflective of a modern art piece and a marble-tiled accent wall. A back deck, accessible by a door near the dining room, leads to the enclosed backyard. Two sheds, along with off-street parking to the side of the house, are accessible from a gravel driveway. 

• Full Listing: 2705 1st Road South (map)
• Asking Price: $825,000
• Sold Price: $815,000
• Bedrooms: Three 
• Bathrooms: Two
• Square Feet: 1,253
• Year Built: 1925
• Listing Agents: Courtney Sweeney & Erich Cabe, Compass

Photo courtesy of HomeVisit 

This article originally published at https://dc.urbanturf.com/articles/blog/below_asking_small_discounts_from_the_palisades_to_penrose/20528.