Tuesday, June 26, 2012

FOR SALE | 912 BARNABY ST SE #301 - $55,000

This property was originally sold on Nov 26, 2006 for $179,900. 


Knowing that all of these condos (see below) sold for $180k+ six years ago makes me want to scream.  Yes, the housing market is down but in many parts of Ward 8 the condo market has been decimated. Some condo units are now worth only 1/3 1/4 of what they were a few years ago.

Why there hasn't been emergency city council hearings on this issue I will never know. 

Oh wait, I suppose I should say "gentrification" and this post will skyrocket to the top of everyone's Google alerts. :(


Go HERE for the full REMAX listing.

Property Type: Condo/Townhouse
MLS Number: DC7872333
Bedrooms: 2
Bathrooms: 1
Home Size: 732 sq ft

Description
OPEN SUN 7/1 1PM - 4PM. Light-filled 2BR/1BA condo surrounded by trees on quiet st in Congress Heights. Minutes fromHomeland Sec HQ, Nats Stadium, & downtown DC, & only a mile to 2 Metro stations. Completly renovated in '06, unit features elegant hardwood floors, granite counters, stainless appliances & W/D.Short sale/3rd-party approval reqd. Low condo fee & priced to sell quickly. Hurry

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1 comment:

SE Slim said...

There is more than meets the eye to this sale. The owners had to go and fast. No idea why they went for $55k, that is unbelievable. It is a great complex, HOA and management issues aside. They did a great job on the renovation in 2006, really nice touches on the units.