Under Contract: Every Listing From Last Week

• March 14th 2013

by Shilpi Paul

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In Under Contract, UrbanTurf looks back at properties it has featured recently that were snatched up by DC’s alert buyers. In this edition, we look at five properties that we featured just last week.

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The Rare Affordable Unit Resale

While this two-bedroom condo looks typical, the restrictions placed on the sale were not: the affordable unit was only available to those who fell within a certain income bracket. For example, a single person looking to buy it could only have a salary of no more than $60,088. Additionally, there are caps on how much the unit can appreciate, which will limit resale value. Despite the restrictions, the listing found a buyer in a little over a week.

• Address: 1414 Belmont Street NW, #213 (map)
• Price: $297,500
• Bedrooms: Two
• Bathrooms: Two
• Price Per Square Foot: $368
• Days on Market: 8

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Classic Kalorama Co-op in a Former Restaurant

This unusually shaped one-bedroom sits at the top of The Altomont, a Kalorama building with a luxurious, high-end past. In the 1900s, the top floor of the building was a restaurant; now it is five separate units, including this co-op. Aside from its unusual past life, the angled ceilings, skinny hallway leading to the kitchen and completely mirrored bathroom make it stand out. The home, featured in Best New Listings last week, was off the market in five days.

• Address: 1901 Wyoming Ave NW #74 (map)
• Price: $515,000
• Bedrooms: One
• Bathrooms: One
• Year Built: 1917
• HOA Fees: $513/month (includes property taxes)
• Days on Market: 5

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Sitting Room Only in Glover Park

This three-bedroom home in quiet Glover Park is optimized for lounging: there are sitting rooms all over the house, including in the master bedroom and at the back of the first floor. The well-maintained home, with an in-law suite and a private patio, had no trouble attracting a buyer: it was snapped up in less than a week.

• Address: 3735 W Street NW (map)
• Price: $795,000
• Bedrooms: Three
• Bathrooms: 2.5
• Year Built: 1934
• Days on Market: 6

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The U Street Firehouse Condo

Last week, UrbanTurf featured a one-bedroom in this firehouse-turned-condo building on U Street. The striking property is hidden in plain sight; many pedestrians may not have realized that people live in the historic building, which served as a firehouse in the 19th century. The penthouse, which has an interesting layout, was snapped up in just five days.

• Address: 1624 U Street NW, #302 (map)
• Price: $399,000
• Bedrooms: One
• Bathrooms: One
• Condo Fees: $254/month
• Days on Market: 5

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Penthouse of a Bloomingdale Victorian Conversion

Like this home, which was converted in 2007, rowhouses throughout Bloomingdale are being chopped up into condos. This two-bedroom occupies the top two floors of 1827 1st Street NW, as well as a rooftop deck. The high-end unit is made for someone who wants a bit of luxury, like a built-in wine cooler and an spa-like bathtub. That someone came along in under a week.

• Address: 1827 1st Street NW #3 (map)
• Price: $599,999
• Bedrooms: Two
• Bathrooms: Two
• Square Footage: 1,300
• HOA Fees: $250/month
• Days on Market: 6

This article originally published at https://dc.urbanturf.com/articles/blog/under_contract_five_listings_in_about_a_week/6783.