Under Contract: The Price is (Now) Right Edition

• November 17th 2011

by Shilpi Paul

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In Under Contract this week, we look at several properties that UrbanTurf has featured that needed to adjust their prices before being snatched up by a buyer.

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Willard Street Two-Story One-Bedroom

Featured as our Deal of the Week in early September, this Willard Street one-bedroom stood out (for what we thought) was a good bargain given its ample square footage and north Dupont Circle address. At $334,000, the small kitchen and cave-like bedroom (and the fact that it was a short sale) may have deterred potential buyers; the price kept dropping throughout the fall, landing at $299,900 in early November, and the home went under contract earlier this week.

• Full Listing: 1731 Willard Street NW, #105 (map)
• Price: $299,900
• Bedrooms: One
• Bathrooms: Two
• Square Footage: 875

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Two-Bedroom Condo Not Far From Adams Morgan

UrbanTurf has been tracking this two-bedroom condo between Adams Morgan and Dupont Circle since it emerged on the market in July at $439,900. We featured it in Best New Listings, again when the price was slashed by $10,000 in September and yet again by $14,000 in October. Earlier this week, the property went under contract after almost four months on the market.

• Full listing: 1751 U Street NW, #2 (map)
• Price: $415,000
• Bedrooms: Two
• Bathrooms: One
• Square Footage: 748

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16th Street Heights Four-Bedroom For All Seasons

UrbanTurf was charmed enough by the sun room and front porch of this four-bedroom home near 16th and Crittenden Streets to feature it as a Best New Listing when it hit the market in late September. The price wasn’t quite right and dropped ever so slightly in late October, from $609,000 to $595,000. At the new price, the property found a buyer after almost two months on the market.

• Full listing: 4705 16th Street NW (map)
• Price: $595,000
• Bedrooms: Four
• Bathrooms: 3.5
• Year Built: 1942

This article originally published at https://dc.urbanturf.com/articles/blog/under_contract_the_price_is_right_edition/4596.