This is a single family detached home in the Colonial Village area of Upper Northwest DC. The list price is well below the assessed value. This is a short sale so it comes with some risk but it is a solid buy in an area where you rarely find anything under $700,000. The property suffered some water damage and needs repair.
133 BATES ST NW, WASHINGTON, DC 20001
List Price: $424,000
This is a two level attached row home in the Bloomingdale area. Prices have gone through the roof here lately and its one of the hottest areas in DC. This home could use some cosmetics but it is in pretty good shape.
This row home came on the market on Wednesday. The re-sale for this outer Captiol Hill home is about $630,000. It would help to get the price down to $425K. Capitol Hill real estate remains a solid investment.
5418 13TH ST NW, WASHINGTON, DC 20011
List Price: $399,999
A home just like this one in 16th Street Heights sold for $555,000. I think the seller has flexibility on the price. Offer $375,000 and this deal make sense! This home is in northern 16th Street Heights which sits between Crestwood and Petworth with Shepherd Park to the north. The upcoming Walmart development is just a short distance away.