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Park View Real Estate — 731 Prineton Place, NW

November 25, 2014
731 Princeton Place, NW

731 Princeton Place, NW

It has been a while since I’ve had the opportunity to pop into an open house … mostly because so much real estate recently changes hands without one. I chanced upon one this past weekend at 731 Princeton Place and, after taking a peek, can report back that the house is move in ready and struck me as reasonably comfortable.

The house is listed at $685,000 which seems about right when compared to recent sales of other move-in-ready homes in the area this year. I’ll be surprised if its on the market for long.

The full listing, along with photos, is available at online here.

Categories: Real Estate
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Comments: 6 Comments

728 Park Road Sells for $1.3M

May 28, 2014

According to Redfin, the single family house at 728 Park Road, NW, sold on May 19th for $1,350,000. In looking at the property, the lot is both deep and wide. While I have not been contacted by the new owner, my educated guess would be that this lot is headed for development as a multi-family dwelling — at least this is what’s happened with two other lots on the 700 b/o Park Road over the last year.

You can see a photo of the property below. I’ll provide updates if/when there are available.

728 Park Road(728 Park Road recently sold for $1.3M)

Categories: Real Estate
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Comments: 6 Comments

630 Quebec Place Back on the Market

January 27, 2014
630 Quebec Place, NW.

630 Quebec Place, NW.

The rowhouse at 630 Quebec Place was placed back on the market 5 days ago (See listing and photos here). It was last on the market in April 2013 for $349,500 and, based on what was reported to me, was in really rough shape. Less than a year later, the house has been renovated and is back on the market for $849,900. While this isn’t the most expensive house to go on the market in Park View this past year, it is on the upper end of the range.

I was hoping to see the house in person over the weekend, but the advertised open house didn’t seem to materialize. Still, I liked what I was able to see in reviewing the listing and photos.

According to the listing, the house has:

  • 4 Bedrooms
  • 2,578 Sq. Ft. of living space.
  • 3 full baths and 1 half bath.
  • A 2,134 Sq. Ft. lot.

 

Categories: Real Estate
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Comments: 2 Comments

New North Star Condos at 762 Park Road Finished, Now On the Market

December 5, 2013
The new condos at 762 Park Road are finished and available for viewing.

The new condos at 762 Park Road are finished and available for viewing.

Having watched the mostly empty lot at 762 Park Road transform from an auto mechanic shop into additional housing for the community has been interesting. I’m happy to announce that the seven condo project is now finished, staged, and ready for viewing.

Following is a description, write-up, and details about the project from the realtor, who has also graciously provided the photographs to give readers a sense of what to expect. What do you think?

Overview:

Seven brand-new exclusive condos, including a gorgeous carriage house. The North Star offers seclusion and privacy in a premiere location with panoramic views and outstanding contemporary designs and finishes. Each beautifully constructed unit features an open & expansive layout, two spacious bedrooms & two full luxurious bathrooms, large designer kitchen, sun-filled rooms & elegant modern design throughout.

Features:

Lavish finishes & impeccable style. Features include soaring ceilings, oversized windows, white Carrera marble counters, wide wood plank floors, custom cabinetry, Grohe faucets, contemporary sink vanities, professionally designed walk-in closets & much more. Each unit boasts own private balcony overlooking a beautifully landscaped communal courtyard, while a rooftop terrace provides panoramic views of the Washington Monument & additional entertainment space.

762ParkRd_047

Neighborhood:

Live with activity. The North Star is located in the Park View/Columbia Heights area. Columbia Heights is one of DC’s most sought after neighborhoods. The building boasts easy access to two metro stations, dozens of great restaurants and bars, plus a 500,000 square foot urban retail center anchored by Giant, Target, Best Buy, Marshalls, Bed Bath & Beyond, DSW & Washington Sports Club. The neighborhood’s urban character, access to public transportation, and proximity to the downtown core, have all sparked new energy and excitement that the neighborhood is ready to share.

About the Developer:

View east toward the Soldiers' Home from the roof.

View east toward the Soldiers’ Home from the roof.

S2 Development, LLC, is a residential development company comprised of two brothers – Phil and Lee Simon. Since being founded in 2009, S2 Development has been highly active in the Washington DC metropolitan area.  S2 Development’s goal is to combine creative design with high quality workmanship to deliver lasting value to its customers and the community as a whole.  They specialize in the acquisition, renovation, and sale or lease of single family and small multi-family properties.

Additional photos of the interior and carriage house can be found after the jump. (more…)

Categories: Development, Housing
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Comments: 3 Comments

District to Dispose of Surplus Georgia Avenue Property

November 22, 2013

**UPDATE:Meeting has been postponed. I’ll repost when a new date has been scheduled

Map showing surplus property shaded in brown.

Map showing surplus property shaded in brown.

A public meeting has been scheduled for Monday, November 25th, at the Park View Recreation Center (693 Otis Place, NW (corner of Warder)) beginning at 6:30 p.m. to provide community input on the disposition of District property that has been determined to be surplus. The property is listed as Lot 0105 in Square 2892.

In looking at the DC Zoning map, I see that this parcel is an alley lot with a small structure on it located behind and just to the north of Petworth Liquors. I have no doubt that the property will be incorporated into the Planned Unit Development currently in the works for 3212-3218 Georgia Avenue.

Anyone interested in knowing more about the disposition of this parcel should consider coming to the meeting. I’ll post a follow-up for those that find this date or time impossible.

Categories: Development, Real Estate
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Comments: 9 Comments

Park Row Condos Now on Market

October 1, 2013

The new Park Row Condo development — located on the Park View/Columbia Heights border at 3413-3417 Sherman Avenue (just south of Park Road) — is finally completed and on the market.  The row consists of six, 2-level, 2-bedroom and den units. In walking through the open house last weekend, I was pleasantly surprised by what I saw. I can honestly say they exceeded my exceptions. Below is a video that provides a virtual walk-through.

One thing I’d been trying to find out since I first learned of the project was how  a three-story building could contain two, two-level units. To see how this puzzle fits together, take a look at the floorplans which are online at the GreenLineRe.com Website.

Below are the overall details and pricing from the GreenLine Website.

Unit 1: 2BR+Den/2BA @ 1,300sf – $649,900
Unit 2: 2BR+Den/2.5BA @ 1,600sf – $699,900

– 2BR + Dens w/Separate Living & Dining Areas
– Spacious Open Floor Plans with Tall Ceilings
– Rich Ebony Hued Wood Flooring Throughout
– Modern Gourmet Kitchens w/Carrara Marble Counters, SS Appl, and White Cabs
– Generous size rooms with Walk-Ins & tons of storage space
– Porcelain Architectural Tiles featured throughout
– Washer/Dryers
– High Efficiency HVAC & Appliances
– Low HOA Fees
– Outdoor Space w/Each Unit: Deck or Yard (per plan)
– Parking Included

Categories: Development, Housing
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Park View Real Estate Continuing Upward Trend

July 17, 2013
619 Irving Street.

619 Irving Street.

In reviewing area real estate listings, I’ve noticed that listing prices in Park View are continuing to go up. Conceding that a low supply of move-in-ready options is falling short of the flood of new residents to the District, I guess I’ve long since ceased being surprised. But still, there are a few recent listings that have continued to push the envelope of what has been considered the high end of Park View real estate and I wanted to put them out there to see what people think about them.

The first is 619 Irving Street, NW, which has been on the market for 13 days. It is listed at $848,900 (see full listing here). According to the listing, this house has 5 bedrooms, 3 ½ baths, and 2,024 sq. ft. of living space which makes the cost of this property $419 per sq. ft.

421 Newton Place, NW.

421 Newton Place, NW.

The next is at 421 Newton Place, which came on the market 5 days ago (see listing here). It is listed at $789,900. Like the house on Irving Street, it also has 5 bedrooms and 3 ½ baths. The listing states the house has 2,100 sq. ft. of living space which makes the cost of this property $376 per sq. ft. In walking past the property last night I saw that it will be having an open house this weekend, so I definitely want to check it out.

The last new listing I want to highlight — and one that actually does surprise me a bit — is 3646 New Hampshire Avenue. It has been on the market 4 days and is listed at $949,500. It’s close to the Georgia Avenue Metro, so I get the value of the location, but in reading the listing it sounds like this property still needs work. The listing states:

Home is in need of completion. Come see this 5BR 3Ba home in Columbia Heights just minutes to the Petworth Metro. There is New Plumbing, Upgraded Electric, 2 Zoned AC top floor renovation complete. Any materials you may want from the property be sure to include in your offer. ENTER THE HOUSE AT YOUR OWN RISK.

Clearly there is value in the new plumbing and electrical … but its impossible to get a true sense of a building in mid-renovations without having walked through it.

On another note, the property at 3639 New Hampshire Avenue has been on the market for 54 days now. This is somewhat unusual these days and I can only suspect that the $1,200,000 listing price might be a factor.

3646 New Hampshire Avenue.

3646 New Hampshire Avenue.

Categories: Housing, Real Estate
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Comments: 8 Comments

New Commandment Baptist Church Changes Hands

June 10, 2013
The former New Commandment Baptist Church at 625 Park Road is currently on the market for $3,500,000.

The former New Commandment Baptist Church at 625 Park Road.

Thanks to a reader who alerted me, I can report that the former New Commandment Baptist Church at 625 Park Road sold in April for $2,100,000. I was failing to find the sales data because it was listed as a commercial property which is reported differently. I’ve started to check on the commercial classification since it shouldn’t be classed that way in an R-4 Zone.

The property was on the market for 190 days. It was originally listed for $3,500,000 on July 19, 2012. The price was reduced to $2,990,000 on October 1st and then again to $2,424,000 on October 8th before selling for $2,100,000.

I haven’t been successful in contacting the new owner yet so I don’t know what the future has in store for the property … but according to a building permit issued on May 20th, the new owner intends to demolish all non load bearing walls and interior of the existing church. The permit also shows that the intended new use of the building is also a church. Time will tell if that is accurate or not.

Categories: Real Estate
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Comments: 2 Comments

A Promising Sign for the 600 b/o Newton Place, NW

April 24, 2013
619 Newton Pl, NW.

619 Newton Pl, NW.

Here’s a promising sign for the 600 block of Newton Place, NW. The vacant property at 619 Newton has been completely fenced in. Those familiar with the property will know that the property generally has a lot of loitering associated with it. It’s also been a property that MPD has known to be a problem in the past.

The property last sold on October 5, 2012, for $225,000. I’m not entirely sure it’s habitable based on the amount of repair it needs to the rear section of the structure. In checking DCRA building permit applications I wasn’t able to find anything recent for this property. I’m hopeful that the fencing will lead to more than merely securing the property — but even that is a step in the right direction.

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Categories: Development, Real Estate
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In 1922, the Sale of the 3650 Block of Georgia Avenue was Big News

April 11, 2013
(From the Washington Post, July 30, 1922)

(From the Washington Post, July 30, 1922)

Here’s a nice tidbit I stumbled upon recently while searching for something else … a real estate news article concerning the sale of the entire commercial block on the east side of Georgia Avenue between Quebec Place and Rock Creek Church Road. According to the article, the sale of this block, a mere two years after it was built, to a Connecticut-based investor was evidence that outlying business property was attracting more and more attention. The property sold for $150,000.

News of the sale was certainly greeted with optimism. The article  goes on to say … “No property in outlying business sections has come to the front more rapidly than on Georgia Avenue. Many extensive improvements are being planned for this locality which promise to make it in the near future as important a business center as Fourteenth street and Park Road.”

According to the Bureau or Labor Statistics Inflation Calculator, the 1922 price would be comparable to $2,072,910.71 today. Below is the strip of property today.

3650 block of Georgia Avenue today.

3650 block of Georgia Avenue today.

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Categories: Commerce and Businesses, History, Real Estate
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