loading...

Trinidad’s (Almost) $1 Million Home Sells, For Less

  • April 12, 2013

by Shilpi Paul

Trinidad's (Almost) $1 Million Home Sells, For Less: Figure 1
1228 Florida Avenue NE

On April 4th, the priciest home in Trinidad was officially handed over to a new owner.

UrbanTurf has been following the story of this renovated six-bedroom home since it hit the market on January 31st. Listed for a record-breaking $926,500, the listing drew the attention of skeptics who couldn’t believe the home would find a buyer willing to pay the almost $1 million asking price. On Valentine’s Day, the price was reduced to $898,400. Five days later, it went under contract.

Though the first contract fell through, the home found a buyer again quickly, without being relisted.

So did the home fetch anywhere near $1 million? The buyer(s) ended up settling on a price of $926,000, but received a credit of $27,780 upon signing, bringing their total outlay to $898,220.

See other articles related to: trinidad's 1 million home, trinidad

This article originally published at http://dc.urbanturf.com/articles/blog/trinidads_almost_1_million_home_has_a_new_owner/6924

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!