Category Archives: Real Estate

Real Estate Watch – Recent Brookland Sales Topping Out At $921,000

1223 Irving Street before flip
1223 Irving Street before flip

The residential real estate market in our neighborhood continues on a hot streak. Recently Brookland was ranked third in the country for profitability of  home flips. The average profit on Brookland “flipped” homes (resold within one year of being purchased) was $271,900 with sellers having an average of 8.3 offers on their houses.

Speaking of flips, we have been watching the house at 1223 Irving undergo a huge transformation in less than a year. The top picture is how it looked when it sold for $550,000 in October. The 5 bed, 4.5 bath house was then renovated and sold recently for $921,000.  Below is how it looks now.  Here are some more recent home sales in our area:

  • 914 Irving Street NE sold for $737,000.  This flip was a complete gut job, also completed in less than a year.We went to the open house and loved the open, airy feeling provide by the skylights and big windows leading to the back deck. The home has 4 beds, 3.5 baths, a garage, and high end finishes.
  • 1223 Irving Street after flip
    1223 Irving Street after flip

    1314 Kearny Street NE sold for $840,000. We knew the longtime owners of this home, and have been in it several times. It featured amazing original wood details, beautiful  landscaping, a great covered & screened outdoor room and a Koi pond. This house has 4 beds, 2 baths

  • 1336 Newton Street NE sold for $800,000.  Good friends of ours bought this house. It has a whopping 6 bedrooms and 2.5 baths and 4 finished levels. Like many homes in Brookland, it has great bones and is the type of  home to raise a family in, with original hardwood floors, a claw foot tub and huge backyard.
  • 1018 Kearny Street NE sold for $710,000. With a great location near the Metro, this house was not a flip, but was well maintained, updated, and beyond move-in ready. The 4 bedroom, 2 bathroom house has a big yard yard and on a super-nice block with great neighbors.
  • 4317 12th Street NE sold for $682,5000. This flip offered all the updates and high end features expected from a total renovation. This 4 bed, 3.5 bath home has a lot of sought after features like a master bedroom suite and a garage.

Welcome new neighbors!

Brookland Realtor Takes Property Listings [Literally] To New Level

Brookland’s own Abbott and Klar Real Estate Group   has introduced a new way of advertising property listings. They shot a video of the property and it’s surrounding neighborhood. This is a great way for interested buyers to get an idea of the character of the neighborhood, as well as a unique perspective of their potential new home.

At the same time it offers local residents the opportunity to view their community from a bird’s view angle. Here is an example of the new video strategy based on one of their recent listings:

 

Brookland is so beautiful. Don’t you agree?

 

Real Estate Watch – Brookland Spring/Summer Outlook From Abbott-Klar

For Sale Sign on IrvingIt has been a long time since we have posted anything about real estate. As most people probably suspect, Brookland continues on an upward trend of increased property values. We learned from this article in the Washington Business Journal that expected tax revenue increases based on escalating home values across DC were third highest in Brookland, at a rate increase of 16.69%.  We also recently learned from Urban Turf that the Chancellor’s Row development, just over the tracks, is over 90% sold, with only 20 units left. We caught up with Shemaya Klar, an agent from Brookland-based real state firm Abbott Klar and asked him for his take on the Brookland real estate market in 2013 and looking ahead. Here’s what he had to say:

The Brookland real estate market remains extremely strong and desirable. Our ‘little town’ in the city has been discovered! 2013 was a record year for Brookland with housing prices increasing by over 13% to an average sales price of $480,473 – a five year high!

In 2013, 93 houses sold in Brookland (up from 84 in 2012). A few exceptional homes, all listed by Abbott Klar Real Estate Group, including 3714 13th Street for $957,983, 1335 Lawrence Street for $790,000, and of course the Round House at 1001 Irving Street for $760,000 helped pull that number higher

2014 will be a great year for the Brookland real estate market and will be the year we see the first million dollar sale in Brookland. The spring market will bring much needed inventory and a slightly slower pace of growth in prices.

Even with such growth, Brookland still remains affordable relative to other desirable neighborhoods in DC.

Thanks Shemaya! Lastly, we thought readers would like to see  some examples of these higher-end recent sales:

  • This 4 bedroom, 3.5 bath  home at 1217 Upshur NE sold for $672,500
  • Another 4 bedroom, 3.5 bath home, this one a rowhouse at 3404 15th Street NE sold for $650, 750
  • 1333 Lawrence Street NE, a 4 bedroom, 2 bath home  sold for $575,000
  • 3008 12th Street NE, a row house with 4 bedrooms and 3.5 baths sold for $573,000

Welcome new neighbors!

Real Estate Watch: City Paper Names Brookland 2013’s “Most Transformed Neighborhood”

Brookland Sign Monroe Street MarketLike it or not, no one can claim that our neighborhood isn’t changing rapidly. We learned this morning that Brookland won the City Paper’s Plexie Award for Most Transformed Neighborhood. The Monroe Street Market development, pictured above, is a big reason why. Here is the explanation behind the award:

It’s a hidden gem no longer. Brookland, with its quiet streets and gorgeous detached houses, was largely off of most Washingtonians’ radar, to the delight of residents who enjoyed its low housing prices and rents. Then came Monroe Street Market. The $200 million project, partly complete now, will include three buildings with more than 550 apartments, artist studios, a Barnes & Noble bookstore, a Busboys and Poets, and a restaurant from the owners of Meridian Pint—all on a formerly desolate patch of land right by the Brookland Metro station (technically on the Edgewood side of the tracks, but who’s nitpicking?). No wonder home prices in the neighborhood have already jumped, by various estimates, between 13 and 39 percent.

9th & Kearney Street Development Meeting Thursday Evening

Joe “Jose” Barrios informed us about a public meeting covering the development that is planned on the west side of 9th Street NE between Kearney and Lawrence. The meeting is going to be hosted by Elliott Totah, the President of developer the Oxbridge Group.

What is interesting to me looking at their website and list of projects, is that this particular parcel of land along 9th Street is by far the smallest of the current developments the Oxbridge Group is involved in. And this parcel in Brookland is just a portion of the vacant peace of land along the metro tracks. Is this just the first phase of a larger development plan? This and other questions can be raised at the meeting tomorrow.

For those who are interested, join the discussion Thursday evening at the Brooks Mansion. Here is the official flyer with detailed information:

Oxbridge Group Meeting

Real Estate Watch – Recent Brookland Home Sales From $655,000 – $790,000

It has been a while since we did a round-up of the neighborhood’s real estate scene. Here are some recent home sales – pretty nice! Welcome to Brookland, new neighbors!

real estate

This home at 1229 Girard Street NE is a renovated farmhouse originally built in 1905. It has 4 bedrooms and 3 and a 1/2 baths, and recently sold for $655,000. Astrid and I toured this home when it first hit the market, and it is lovely. We loved home overall, and there were a lot unexpected bonuses like the huge garage, the veggie garden, finished basement apartment and huge loft-like finished attic.

1335 Lawrence St NE

We featured this home at 1335 Lawrence Street NE when it first hit the market. We recently found out that it  sold for $790,000. The beauty of this home is the balance of the modern upgrades while maintaining a lot of its original charm. A two-story addition on the back of the home added the modern amenities –  a large open kitchen and master suite that  many people want, while blending it with the original part of the house, resulting in a seamless flow of gorgeous wood detail and craftsmanship.

real estate

Here is another renovated farmhouse, at 3503 10th Street NE that sold recently for $705,000. I am really digging the hardwood floors and all the windows. What is bonkers about this house is how close it is to the Brookland/CUA Metro station. We watched this house as it was being renovated, and it looks like they did a great job.

This home at 2018 Lawrence Street NE straddles the Brookland/Woodridge border and recently sold for $756,000. How about those awesome octagonal windows? This large home boasts 5 bedrooms and 4 and 1/2 baths. According to the listing this home was once owner by jazz and blues great Shirley Horne. Pretty darn cool!

Real Estate Watch: Most Expensive Brookland Home Sale Closes At $957,983

3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE
3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE
3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE
3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE3714 13th Street NE

3714 13th Street NE, a set on Flickr.

The Brookland real estate market hit a major milestone when the most expensive residential sale on record closed recently. We were fortunate to get a sneak peek of the new construction home at 3714 13th Street NE while the finishing touches were being put on, and the simple beauty of the home was stunning. The 5 bedroom, 4 and a half bath home eventually closed at $957,983. What struck us the most was how light filled and airy the home was, with tons of windows and 9 foot ceilings. The details were high end from the white oak stairs and floors to the gourmet appliances in the kitchen. Shemaya Klar, the seller’s broker, and an agent from local Real Estate group Abbott Klar agreed, stating “we are excited that quality urban home builders, like Ditto Residential, have set their sights on Brookland.” If the name Ditto sounds familiar, it may be because they are the masterminds behind last year’s renovation of Brookland’s historic round house.

One of the biggest perks of living on this block of 13th Street NE is being across the street from Fort Bunker Hill Park, which guarantees lovely views year-round from the front porch and front bedroom. But the most gorgeous views are actually in the back of the house, with loads of mature trees and greenery, and great views of the Basilica of the National Shrine of the Immaculate Conception and the Ukrainian Catholic National Shrine of the Holy Family. To take advantage of these views, there are huge windows in both the master bedroom and a great room space that brings all the natural beauty in.

The first floor has a living room with a fireplace, formal dining room, and a fabulous open kitchen and a huge great room and deck. Because the buyers were identified while the home was still under construction, they were able to put some personal touches on the home before it was complete, for example, a butcher block segment of the kitchen counter top. The first floor also has a half bath and side entrance off the long driveway along the side of the house.

The basement level doesn’t really feel like a basement because of the large windows. This area is versatile because with a full bath and kitchen, it could be an in law suite or a great family room and party space. This level also features the huge two car garage, which has a large window, because why not?

The highlight of the second floor is definitely the huge master suite. The suite features his and her walk in closets, amazing views, and a beautiful full bath complete with marble floors and other elegant details. We also swooned over the laundry room complete with a granite folding area and tons of linen storage space.

Shemaya, who lives in Brookland, rounded out the tour by saying  “we love living here and are invested in making sure development is respectful of the unique character of Brookland and visionary toward what Brookland can become.  From the deeply rooted sense of community, diversity of housing stock and ease of access to transportation, Beautiful Brookland is a treasure.  Live here!”

Brookland Featured In The Washington Post Real Estate Section

Yesterday’s Real Estate section of the Washington Post featured none other than Brookland! Check it out the story here. I agree with the sentiment of those interviewed – Brookland is a great place to live and our strength is in our diversity and strong neighborhood ties. Here is a portion of the story, which sums a lot of it up:Brookland Sign 12th and Rhode Island Ave NE Washington DC

Brookland has rarely in recent years been seen as an up-and-coming neighborhood. That’s changing, though; the community is the site of several mixed-use developments under construction that promise to bring new stores, restaurants, art studios and residential units to the area’s quiet streets.

Not every Brookland resident is happy about the new developments, which sparked some serious community debate. “People are conscious about possibly losing the sense of neighborliness,” Doggett says.

It’s not an idle worry: The developments will bring increased density and hundreds of new residents. But in a community where neighbors have long complained about the relative scarcity of hangout spots, the offerings slated to open over the next couple of years are likely to provide new gathering places not only for Brookland residents but also potentially for folks from all over the city.

It’s great to see the neighborhood getting some good press!

Real Estate Watch – 5 New Listings Ranging From $525,000 – $725,000

A bunch of homes have hit the Brookland market recently, which is pretty unusual. All have their own unique qualities. Here is a roundup of some that stood out to us.

1246 Monroe St Brookland Real Estate

This home at 1246 Monroe Street NE looks huge. It has 6 bedrooms and 4 baths and is on the market for $675,000. We really love the bay windows and hardwood floors, and the eat-in kitchen  area is super cute and cozy. This house also features a two bedroom in law suite to boot. There will be an open house tomorrow, Sunday July 14th from 2:00 – 4:00 pm.

3516 South Dakota Ave Brookland Real Estate

We are really loving this Tudor style home at 3516 South Dakota Avenue NE, on the market for $599,900. It’s a nice blend of traditional elements like the gorgeous floors and a brick fireplace, and renovations, like the super nice, modern kitchen. Also really digging the exposed brick walls. This home has 4 bedrooms and 3.5 baths. There will be an open house tomorrow, Sunday July 14th from 2:00 – 4:00 pm.

1409 Lawrence Street NE

This farmhouse style home at 1409 Lawrence Street NE, is loaded with great original wood details and has 5 bedrooms and 4 baths. I spied at least two fireplaces with old-school original tile. Looks like it has a huge backyard to boot. It is on the market for $725,000. There will be an open house tomorrow, Sunday July 14th from 2:00 – 4:00 pm.

1220 Evarts NE Brookland Real Estate

This home was newly constructed in 2008 and is also on the market for $725,000. It has 6 bedrooms and 3.5 baths and is located at 1220 Evarts Street NE. The listing says it has views of the Capitol and Washington Monument. Unfortunately, there is only one picture in the listing.

3520 Dakota Ave NE Real Estate Brookland

This renovated home at 3520 Dakota Avenue NE in nearby Woodridge is on the market for $525,000. The home has 4 bedrooms and 3.5 baths, an open floor plan and nice looking hardwood floors. And, wow, I so want that glass enclosed shower in what I guess is the master bath. Huge backyard with a nice deck and off street parking. There will be an open house tomorrow, Sunday July 14th from 2:00 – 4:00 pm.

Real Estate Watch: Arts And Craft Style Beauty Hits The Market For $799,000 (4 Beds, 3 Baths)

1335 Lawrence St NE I have been in the home at 1335 Lawrence Street NE, and know the owners – it is really gorgeous.  So, I have no doubt it will be snapped up quickly. (I digress, before I jump into all the great things about the home, just be sure to check out the ridiculously awesome video below – now THAT is how you stage and market – not only a home, but our great neighborhood!) Ok, so what I love about this 1920’s era home is that it still has its original charm, and the owners did a two-story addition on the back of the home that is really inspired. They took pains to make the addition blend with the original part of the house, resulting in a seamless flow of gorgeous wood detail and craftsmanship. The addition floods the home with natural light and created two modern-day features so many people love – an open kitchen with a “great room” feel and a master suite with a walk in closet. Probably my favorite aspect of the house, though, is the garden. Over time it has grown into well-designed maturity, with yummy edible aspects like herbs, figs and berries as well as flowering plants and mature trees, it is really a lush garden oasis back there. The open house will be tomorrow, Sunday June 23rd, from 1:00 – 4:00 pm. You can read more about this house and see pictures of it at Urban Turf.