Good Deal or Not? Weekly Wed. House Porn Edition

04 November 2009 1:00 PM | By Prince Of Petworth in Good Deal or Not?, Logan Circle, Neighborhoods - Logan Circle, Real Estate - Logan Circle
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This condo is located at 1735 Johnson Ave., NW:


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The flier says:

“Spectacular 2-lvl penthouse unit. Private elevator only goes to this unit, private gated parking. 2 terraces. Soaring 2-story ceilings. Top of the line appliances, open kitch. Large terrace from master bedroom. Surround sound system, wood burning FP, Great location – Logan and close to Dupont & U St, Whole Foods and lots of retail.”

More info and photos found here.

Here’s another pretty open condo. It looks like it gets great light. What do you think of the condo itself? It’s yours for $1,159,000. It’s been on the market for 250 days so perhaps the price still needs to come down?

Almost exactly a year ago we looked at the building next door.

20 Comments on “Good Deal or Not? Weekly Wed. House Porn Edition”

  1. 04 November 2009 1:08 PM | MK Said:

    This is nice but I was just in the building next door last month and its still my favorite. The price on this needs to come down about $165,000 and then someone may take a bite.

     

  2. 04 November 2009 1:29 PM | Mo Said:

    Only 753 dollars/SF to live in Cork’s back alley. Great deal.

     

  3. 04 November 2009 1:36 PM | DC Native Said:

    Nothing screams 1.1 million, 900 to 950 sounds more realistic.

     

  4. 04 November 2009 1:45 PM | Goot Lemmon Said:

    Ugly. And way overpriced.

     

  5. 04 November 2009 1:49 PM | WDC Said:

    Agree with DC Native… the $1M mark is a pretty big psychological barrier, and I need a little more wow factor to get over it. Theoretically, of course.

     

  6. 04 November 2009 1:54 PM | Herb Said:

    At least on my PC some of the pictures were of poor quality and were dark. Picasa, folks, Picasa.

     

  7. 04 November 2009 1:54 PM | ChasCorcoran Said:

    compare $1 million to the crime stats for that neighborhood… muggings and armed robberies occurying at regular pace all summer… until we drive out all the Section 8 and public housing on R St, the neighborhood will continue to suffer

     

  8. 04 November 2009 1:54 PM | vonstallin Said:

    House Porn FTW !!!

     

  9. 04 November 2009 2:00 PM | RD Said:

    850k

     

  10. 04 November 2009 2:09 PM | Luddite Said:

    I’m with DC Native. $1.16M is whimsical given the location. One would think 250 days on the market might actually be a wake up call for the seller. Guess not. Try $900K and see what happens.

     

  11. 04 November 2009 2:36 PM | JohnnyReb Said:

    I drive down R between 14th and 15th streets all the time (usually at night), and that block is majorly sketchy. There are at least 2 low-income apartment buildings in that block, and apparently it’s sort of a no-man’s-land with the police, as it’s right on the dividing line between two separate precincts. In the past year, the police have been putting up those big lights at night on the weekends, but don’t know if that has helped any.

     

  12. 04 November 2009 2:36 PM | U Said:

    Some random observations: 1. If its been on the market for 250 days without a lot of price movements, the owner isn’t very serious about selling. 2. Very reasonable condo fee given the overall price of the property and the fact that there is a private elevator (maybe that’s a warning sign of special assessments to come?). 3. Firecode violation on that deck, but who wouldn’t put a gas grill out there? 4. Are those sinks in the master bathroom practical? Where do you put all the standard bathroom junk (toothpaste, soap, razor, makeup, whathaveyou)? Doesn’t seem very well thought out from a utilitarian point of view. 5. Also the faucet & handles on the two full bathroom sinks look very feminine for such a masculine sink. Weird chocies.

     

  13. 04 November 2009 2:49 PM | ET Said:

    I agree with the first comment from U. Also, if it hasn’t sold after 250 days at that price it is overpriced.

     

  14. 04 November 2009 3:59 PM | My two cents Said:

    Dramatic looking, small rooms, and at least $200K overpriced. Why spend money on this when I could live in a condo like the Metropole for substantially less?

     

  15. 04 November 2009 4:09 PM | Just J Said:

    I really like it, but I agree it is overpriced. There really is nothing similar at that price range in the surrounding areas. The only thing a buyer can compare it to is a house and there are a lot of houses selling for under $950K that are just as nice in my opinion. Looks like the buyer paid $1.06M in 2007, seems to me that they are not lowering the price because they are trying to break even ($1.06M plus commission and closing). I can’t blame the owner for trying (I wouldn’t want to take that loss) but if they want it sold they are going to have to face reality.

     

  16. 04 November 2009 4:33 PM | AA Said:

    Am I having dejavu? I swear you already posted this condo or at a minimum a condo who used the same furniture (I specifically remember the Chinese looking bookshelf/stacking box thing)

     

  17. 04 November 2009 4:54 PM | Petworth Newbie Said:

    When we lived around the corner from here you could expect a regular visit from a peeping tom the police couldn’t lock up (his name is Anthony), “the guy who smokes crack on other people’s doorstep and sometimes jumps the back yard fence to look in at you while you are watching TV to see if there is anything to steal,” and the guy who mutters “pop a cap in your ass” while you are walking home (Johnson is nearly an alley.) That one stretch of R is not nice. But it’s convenient to the Masonic Temple for your ritualistic sacrifices.

     

  18. 04 November 2009 5:10 PM | gk Said:

    it’s not just you, AA – i think i’m having deja vu, also! this one seems really familiar…maybe i’ve just seen the listing elsewhere? anyway, i have no idea if this is a good deal or not (prob not if it’s been on the market that long!), but i do know that i often see police hanging out at the intersection of johnson ave & R st, monitoring all the activity on R, for whatever that’s worth.

     

  19. 04 November 2009 6:06 PM | JoeEsq 74 Said:

    gk / AA – maybe you have seen furniture before. It is likely from West Elm small in scale = Big Open apt. The condo is expensive. I like it but I am a sucker open for roof space. Nice tile in bath, clever placement of wine cooler under stairs.

     

  20. 04 November 2009 6:53 PM | KStreetQB Said:

    I’ll be charitable and say that whoever pays anything close to this asking price is an idiot. I’m a land fiend, so I don’t think much of condo’s to begin with, but this one is just absurd.

    There’s a really nice townhome selling for $160k less on Kingman, a beautiful street three blocks away just off the west side of Logan Circle, whose LOT is larger than the total square footage of this condo. So you would own the land, parking, a back yard, 3 bedrooms, 2.5 bathrooms and roughly twice the usable interior space for less.

    The previous posters are definitely right that this is either not a serious seller, or someone who doesn’t want to lose money on their purchase.

     

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