Comments on: December Home/Condo Sales http://www.princeofpetworth.com/2009/01/december-homecondo-sales/ Welcome to the beautiful life Thu, 09 Feb 2012 23:18:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: bogfrog http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1614 bogfrog Wed, 07 Jan 2009 02:26:17 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1614 interesting that 3 condos in 646 Irving st have already sold! I guess that's why developers of the "Park View" and "Kenyon Condos" on the 600 blocks of Kenyon and Irving were inspired to resume their renovation efforts interesting that 3 condos in 646 Irving st have already sold!

I guess that’s why developers of the “Park View” and “Kenyon Condos” on the 600 blocks of Kenyon and Irving were inspired to resume their renovation efforts

]]> By: mjbrox http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1613 mjbrox Tue, 06 Jan 2009 16:56:20 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1613 I am getting ready to my house on the market and it is a total gut job that has 4br 3.5ba It seems like it is tough to break the $500k mark. Once We get it listed, I will be sure to have PoP post as a GDoN. I have a tough skin, so I think I can take the abuse. :) I am getting ready to my house on the market and it is a total gut job that has 4br 3.5ba

It seems like it is tough to break the $500k mark.

Once We get it listed, I will be sure to have PoP post as a GDoN. I have a tough skin, so I think I can take the abuse. :)

]]> By: Anonymous http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1612 Anonymous Tue, 06 Jan 2009 14:07:03 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1612 PN Hoffman renovated three houses (all next to each other) on V Street NW and has already sold two of the three, one of which is listed on this sales sheet for $30k under the $675k list price. It doesn't appear as if prices are declining significantly in that general area. PN Hoffman renovated three houses (all next to each other) on V Street NW and has already sold two of the three, one of which is listed on this sales sheet for $30k under the $675k list price. It doesn’t appear as if prices are declining significantly in that general area.

]]> By: hipchickindc http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1611 hipchickindc Tue, 06 Jan 2009 05:50:28 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1611 Reading between the lines of the previous two listings for 214 P, my best guess is that it was a hard money (aka private equity lender) foreclosure on an investor (there is Seller financing offered on the most recent listing). Reading between the lines of the previous two listings for 214 P, my best guess is that it was a hard money (aka private equity lender) foreclosure on an investor (there is Seller financing offered on the most recent listing).

]]> By: SingLikeSassy http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1610 SingLikeSassy Mon, 05 Jan 2009 21:48:45 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1610 Just a note about Zillow: if the D.C. tax assessment/sales databases are incorrect, Zillow's info will be incorrect. I know because my purchase information is incorrect in the D.C. records (they transposed a "7" with a "1"), though I have contacted them numerous times to correct in their records. I would not depend on either as the FINAL word on anything. Just a note about Zillow: if the D.C. tax assessment/sales databases are incorrect, Zillow’s info will be incorrect. I know because my purchase information is incorrect in the D.C. records (they transposed a “7″ with a “1″), though I have contacted them numerous times to correct in their records.

I would not depend on either as the FINAL word on anything.

]]> By: PetworthRes http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1609 PetworthRes Mon, 05 Jan 2009 21:45:32 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1609 Re: 214 P St, I see on Redfin it sold for $436K in Oct 2008. So is it possible to foreclose on your home in a matter of 2 months? Doesn't seem possible... . Re: 214 P St, I see on Redfin it sold for $436K in Oct 2008. So is it possible to foreclose on your home in a matter of 2 months? Doesn’t seem possible…

.

]]> By: Anonymous http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1608 Anonymous Mon, 05 Jan 2009 21:41:35 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1608 I don't know too much about this, but perhaps the bank foreclosed in Oct and "bought" the house for 436k, and then sold to a new buyer for 299k in December. Other people might be able to shed light on this, but I think when you see these apparent appreciations or depreciations there's foreclosure or other non-conventional activity going on ... the market isn't actually falling *that* quickly. I don’t know too much about this, but perhaps the bank foreclosed in Oct and “bought” the house for 436k, and then sold to a new buyer for 299k in December.

Other people might be able to shed light on this, but I think when you see these apparent appreciations or depreciations there’s foreclosure or other non-conventional activity going on … the market isn’t actually falling *that* quickly.

]]> By: eric in ledroit http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1607 eric in ledroit Mon, 05 Jan 2009 21:35:59 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1607 ahhh... very very interesting point. you are correct, the $436K price is from 10/28/08, not december. still, very odd situation there, someone took a bath of $137K in 2 months...? ahhh… very very interesting point. you are correct, the $436K price is from 10/28/08, not december.

still, very odd situation there, someone took a bath of $137K in 2 months…?

]]> By: Anonymous http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1606 Anonymous Mon, 05 Jan 2009 21:29:28 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1606 Eric - it just says "recently sold" at that price. That could mean several months ago, and the 299k could be the right price from Dec 2008. Eric – it just says “recently sold” at that price. That could mean several months ago, and the 299k could be the right price from Dec 2008.

]]> By: eric in ledroit http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1605 eric in ledroit Mon, 05 Jan 2009 21:12:13 +0000 http://www.princeofpetworth.com/2009/01/december-homecondo-sales/#comment-1605 yeah but i'm not talking about the zillow zestimate - $436000 is shown as the sale price. interesting. yeah but i’m not talking about the zillow zestimate – $436000 is shown as the sale price. interesting.

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