saw this on the market forEVER ago at the height of the market. It was a horrible flip I believe and priced ridiculously high. Im guessing this was to recoup runaway costs lost by a flipper who didnt know his stuff. as predicted it sat on the market and looks like the owners had to forclose as its bank owned now. and looks like the flip job sucks as it says it needs a new roof.

I think it’s a great price. What’s the roof repair going to cost — $700? Or $15K for a whole new roof? And a new AC condenser would be $5 K? The total price still seems great.

House looks fine to me, although in the past I have felt a little uncomfortable on Newton. I think it’s better if you approach from the Warder St side rather than from Georgia Ave.

Is it just me or does that dish look like a really big zit?

I think the price is fair, of course the buyer just has to be aware that it was a bad flip and that they will possibly run across some of the stupid flippers mistakes that they will have to fix.

It’s not 2005 anymore. This is a tiny house in a questionable location that needs major mechanical/systems work at what likely will be a significant cost to the buyer (and probably more than the HVAC and roof, to boot). $216/sq ft seems about right to me, especially given that the bank probably is looking to offload the property from its books and profit from the sale isn’t its first priority. Maybe a non-bank seller would be looking for 25-30% more, but that doesn’t mean they’d be able to get it.

1) I wish people who label blocks as “sketch” or “gangland” actually live on the blocks.

2) 2 BR’s without basements likely avoid flooding, insects or settling issues that can affect 2 BR’s with basements.

3) Some people choose to live in small and/or tiny spaces. Usable space is what you make of it. Some mansions are inefficient and cluttered.

Previous occupants pretty much tried to ensure that the next time this place sells it will say renovated in 2005 and 2009. It is tiny and you definitely will be doing some work on it. The biggest thing is obviously the most important thing when buying a house, location, location, location. This location is not good at all. At best I would say you could get it for $175, put $25 into it and hopefully get $250 for it somewhere down the line but probably not for a while. If you want to be a homeowner in DC then this is possibly the way to do it. Just don’t look for any short term returns on your investment.

Is that the dish off of the NCC 1701 Enterprise ?

http://trekmovie.com/wp-content/uploads/Enterprise_5_hr.jpg

It looks clean and neat. No word on whether the roof is old/rotten tin or new/crappy rubber, but both can be repaired instead of replaced by anyone half-way handy for not much $$$. Unless the ductwork is complete crap, a new air handler/compressor combo (and maybe some plumbing) is likely all that’s needed for good AC, and that shouldn’t run more than $5K installed.
It’s an end unit- does that mean the unattached wall has windows?

My insight about the relative sketchiness of that block is not based on my opinion based on the way it looks. It’s from a conversation with a friend who’s a DC cop when I was shopping for a house a year and a half ago, and he said DO NOT buy a house there. He said there is still substantially more gang activity than many other parts of Cohi.

As for houses without basements… HUH? Why would a house with no basement be less susceptible to settling? That makes absolutely no sense. A basement and foundation provides far more structure than a house built on piers, if anything it’s exactly the opposite.

Sure, if you don’t have a basement, it can’t flood… umm… and if you don’t have a 2nd floor, you will never need to walk up the stairs… huh?

Anyway, basement flooding is a very rare problem in DC except down in the swamp. I’ve never had anything worse than a little dampness in one house in Mt. P, Cohi, and Adams Morgan. There’s just no good argument for why it’s good to not have a basement.