Deal of the Week: Bank-Owned on H Street

by UrbanTurf Staff

1437 G Street NE (the red house). Image courtesy of Google Maps.

Several months ago, UrbanTurf featured a three-bedroom between Capitol Hill and H Street that was being sold as-is and we noted that the lack of interior photos likely meant that the listing needed a good deal of work. The house was listed for $252,000, but sold at the end of May for almost $100,000 above the list price.

While it is a foreclosure and not quite the bargain of the one mentioned above, we think this installment of Deal of the Week will find a buyer fairly quickly.

The three-bedroom, two-level home sits near the corner of 14th and G Street NE, and has an unfinished basement, a full-size kitchen and a deep backyard. It is being sold as-is and does not qualify for FHA or VA financing, but its price and proximity to H Street will probably catch the eye of a buyer looking for a project.

More details below.

  • Full Listing: 1437 G Street NE (map)
  • Price: $318,900
  • Bedrooms: Three
  • Bathrooms: 1.5
  • Square Footage: 1,414

Update: Within an hour of publishing this article, the status on this listing changed from “Active” to “Sale Pending.”

See other articles related to: h street corridor, foreclosure, deal of the week, dclofts

This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_bank-owned_on_h_street/3943


  1. Rationality said at 8:44 pm on Monday August 8, 2011:

    The real estate market in DC is as healthy as ever!  Buy a fixer-upper in an emerging neighborhood and pay a contractor to fix it up!  What?  You lost 10% of your down payment in the past two days?

  1. swester said at 9:34 pm on Monday August 8, 2011:

    Just wait until the Gov starts cutting back on the federal workforce in droves, in a last-ditch attempt to quash the deficit. If you think there are bargains to be had now…

  1. HomeInvestor said at 8:22 am on Tuesday August 9, 2011:

    Agree with swester.  Will be interesting to see what happens to the DC market once the cutbacks start.  I own a couple rental properties, but am waiting to purchase any more for at least 12-18 months.

  1. Jon said at 8:50 am on Tuesday August 9, 2011:

    Not surprised in the slightest that this house has found a buyer. Homes that require more work than this one have been selling for more in the area lately.

Comments are closed.

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