Under Contract: That Didn't Take Long Edition

• March 4th 2011

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

In our “That Didn’t Take Long” edition of Under Contract this week, we learn that a three-bedroom home we featured this past Tuesday already has a sale pending on it.

---

Deal of the Week: Another Bargain Between Capitol Hill and H Street

Apparently, if you are a buyer interested in homes on the eastern edge of Capitol Hill, you need to move quickly these days.

A couple weeks ago, we featured a three-bedroom home on Tennessee Avenue that was listed below $300,000 that needed about a couple hundred thousand dollars of work to bring it up to prime condition. It received multiple offers and went under contract within a few days of hitting the market.

On Tuesday, we wrote about a new listing just around the corner from the Tennessee Avenue home that we indicated is what the previous week’s listing could look like if some hard work was put into it. It appears someone agreed with us as there is now a sale pending on the 1,800 square-foot three-bedroom after being listed for just shy of a week.

We wrote on Tuesday that the house has a number of Capitol Hill property trademarks including high ceilings and heart of pine woodwork throughout, and put its deal-worthiness in perspective, by noting that in August, a similarly-sized listing in the same condition one block away sold for $559,000 (without parking, which this listing includes).

More details below.

216 14th Street NE (map)

• Price: $549,500
• Bedrooms: Three
• Bathrooms: Two
• Square Footage: 1,800
• Price Per Square Foot: $305
• Days on Market: Five

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/under_contract_that_didnt_take_long_edition2/3100.