Above Asking: A $120,000 Premium for Wardman-esque Petworth Rowhouse

• July 13th 2020

by Nena Perry-Brown

This installment of Above Asking includes recently-featured listings that sold for five- and six-figures over listing price.

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Over $16,000 Above Asking for a Lovejoy Loft

This south- and east-facing corner Lovejoy Loft unit found a buyer in ten days for $16,000 over the asking price. As one of the residences in a converted turn-of-the-century school near Stanton Park, the unit plays up original features like the high ceilings, polished concrete floors, color-blocked exposed brick walls, exposed HVAC and sprinklers, and tall windows. At the center of the unit, the kitchen walls stop below the ceiling and form the adjacent dining nook, and the wall that hosts cabinetry on one side doubles as the wall to the main bedroom on the other. The bathroom is self-enclosed and sits beneath a loft space accessible by ladder, and a second bedroom sits on the opposite side of the living room. The unit also comes with a parking space.

• Full Listing: 440 12th Street NE, #201 (map)
• Asking Price: $639,000
• Sold Price: $655,100
• Bedrooms: Two
• Bathrooms: One
• Square Feet: 1,170
• HOA Fees: $463/month
• Year Built: 1900
• Listing Agent: Matt Zanolli, Compass

Photo courtesy of HomeVisit.

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Over $120,000 Above Asking in Petworth

A handful of blocks from the Georgia Avenue/Petworth Metro station, this restored Petworth rowhouse sold for $120,100 above its $900,000 asking price. Constructed in the Wardman style, the front porch has a ceiling fan, and the living room has an exposed brick wall and built-in shelving on three sides of a wide doorway. The dining room has french doors leading to the wooden deck overlooking a yard area and secured parking pad. Exposed wood beams frame the kitchen ceiling, and the room also has a breakfast bar peninsula, beveled subway tile backsplash, and a hood above the stove. Exposed brick also lines the stairwell, and a partially-finished attic has exposed beams and brick walls. The finished lower level has a wet bar, a laundry room, a bedroom, and a full bath. 

• Full Listing: 3804 Kansas Avenue NW (map)
• Asking Price: $899,900
• Sold Price: $1.02 million
• Bedrooms: Four
• Bathrooms: 3.5
• Square Feet: 1,932
• Year Built: 1912
• Listing Agents: Gregory Tindale, Rabih Chamas, GreenLine Real Estate

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Under Contract in Four Days, $41,000 Above Asking

This mid-century modern house, developed by Andre Bodor and expanded by Cook Architecture, backs up to the Holmes Run Valley Stream Park in Falls Church. Clerestory windows follow the sloped roofline on three sides, and the partitions in the post-and-beam interior stop beneath the ceiling, offering the same effect. A wall of windows in the open concept kitchen and living/dining areas offer views of the stream, and the latter has a fireplace recessed in an exposed brick wall with open shelves on either side. The walk-out lower level also has a recessed brick wall fireplace, a bedroom with wet bar, a full bath, and sliding glass doors out to the tree-covered lot with stone stairs winding a path through. 

• Full Listing: 3347 Sheffield Court (map)
• Asking Price: $949,000
• Sold Price: $990,000
• Bedrooms: Five
• Bathrooms: Three
• Square Feet: 2,700
• Year Built: 1960
• Days on Market: Four
• Listing Agent: Michael Shapiro, Compass

Photo courtesy of John Cole.

This article originally published at https://dc.urbanturf.com/articles/blog/six-figures-above-asking-for-wardman-esque-petworth-rowhouse/17058.