Price Cutter: LeDroit Three-Bedroom, Capitol Hill Penthouse Loft

• March 21st 2011

by UrbanTurf Staff

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In Price Cutter this week, we highlight recent price reductions at a restored three-bedroom Wardman in LeDroit Park and a two-bedroom loft penthouse in Capitol Hill that reminds UrbanTurf of MTV Cribs.

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Three-Bedroom Restored LeDroit Park Row House With English Basement Rental Unit

When we originally featured this three-bedroom LeDroit Park home earlier this year, we wrote that with a basic business license for the rental unit in the basement, the property could be a good option for a buyer that wants a little help with what would be about $3,100 monthly mortgage payments (assuming a 20 percent down payment). Even with the two parking spaces that come with the listing and a renovated interior, the home has not found a buyer yet, and the asking price was consequently reduced by just over $20,000. For the full listing, click here.

• Address: 1812 4th Street NW (map)
• Original Price: $735,900
• Current Price: $714,950
• Bedrooms: Three
• Bathrooms: 2.5

Photo courtesy of Chris Zimmer Photography

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Spacious Loft Penthouse in Capitol Hill

When we wrote about this loft-like unit over a year ago, we noted that it conjured up images of the pads that athletes or movie stars show off on MTV Cribs. The 2,300 square-foot penthouse in the Bryan School Lofts has 20-foot ceilings, huge windows from the property’s schoolhouse days, an enormous kitchen and living area, and a private roof terrace with views of the Capitol. The unit has been on and off the market over the last year and the listing price has dropped about $400,000 since we featured it.

• Address: 1315 Independence Avenue SE, #34 (map)
• Original Price: $1,595,000
• Current Price: $1,199,000
• Bedrooms: Two
• Bathrooms: Two
• Square Footage: 2,304

This article originally published at https://dc.urbanturf.com/articles/blog/price_cutter_ledroit_three_bedroom_capitol_hill_penthouse_loft/3190.