Under Contract: A Penthouse and a Cohousing Unit

  • Aug 19th 2013

by Shilpi Paul

In Under Contract, UrbanTurf looks back at properties it has featured recently that were snatched up by DC’s alert buyers.

Under Contract: A Penthouse and a Cohousing Unit: Figure 1

Logan Circle Penthouse on Quiet Church Street

While homes priced above $1 million sometimes take a while to find the right buyer, this Logan Circle penthouse went under contract in just under two weeks. This is the first time the unit has been on the market since the Church Street rowhouse was converted into loft-y condos in 2006. The penthouse takes up the upper two stories. Many rooms are optimized for particular uses: the library is several walls of floor-to-ceiling built-in shelving, the living room is equipped with a custom audio system, and the walk-in closet has an efficient, organized feel to it.

  • Address: 1517 Church Street NW, Unit C (map)
  • Price: $1.475 million
  • Bedrooms: Three
  • Bathrooms: Three
  • Square Footage: 2,431
  • HOA Fees: $325
  • Days on Market: 13

Photo courtesy of HomeVisit.

Under Contract: A Penthouse and a Cohousing Unit: Figure 2

Cohousing Two-Bedroom in Silver Spring

This unit likely appealed to a smaller, more specific group than the general two-bedroom market: it is part of Silver Spring’s Eastern Village, a cohousing complex. A couple years ago, we wrote about cohousing, a living arrangement that is somewhere between a commune and a condo building. Privately-owned units are arranged in close proximity to each other as well as shared spaces like parks, common buildings, and shared guest rooms. Looks like the communal group will be getting a new member: after about 15 days on the market, this two-bedroom found a buyer.

  • Address: 7981 Eastern Avenue, #312, Silver Spring, MD (map)
  • Price: $359,000
  • Bedrooms: Two
  • Bathrooms: One
  • Square Footage: 870
  • HOA fees: $369/month
  • Days on Market: 15

Under Contract: A Penthouse and a Cohousing Unit: Figure 3

Chopped Up in a Columbia Heights Victorian

This two-bedroom was snatched faster than either of the options featured this week. The property has a lot of appealing qualities, like relatively low HOA fees, two bathrooms, sizable square footage, a bay window and an open floor plan with a renovated kitchen opening up to the dining area and living room. A buyer came along in just under a week.

  • Address: 1303 Clifton Street NW, #2 (map)
  • Price: $540,000
  • Bedrooms: Two
  • Bathrooms: Two
  • Square Footage: 1,050
  • HOA Fees: $203
  • Days on Market: 6

This article originally published at https://dc.urbanturf.com/articles/blog/under_contract_a_penthouse_and_cohousing/7473.

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