Two-and-a-half years later, they don't list prices for studios anymore, but those $500,000 2 bedroom condos now sell for as low as $434,900.The condo / townhouse development called Parker Flats at Gage School is currently being marketed.
Here, the top of the webpage it still says "Urban Condos from the $300s" (as of 4/6/06).
But found this line in an email advertising for the condo development today [4/5/06]: "Homes are priced from the low $200,000's for a studio flat to the $500,000's for a 2 bedroom in the historic school.."
Thus originally studios were priced from the 300's and now the studio's are going in the low 200's. Hmm... who is going to pay over 300 for a studio?
Wednesday, November 19, 2008
Parker Flats condos revisted
Back in 2006, Bubble Meter wrote about the Parker Flats condo/townhouse development in Washington, DC:
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One need to look no further than public sales data supplied by the Washington DC government. Following are recent sales at Parker Flats, and the sale prices are impressive given the dramatic downturn in both the real estate market and the national economy.
ReplyDeleteAddress: 0150 V ST [Parker Flats]
SSL: 3115 2006
Neighborhood: LEDROIT PARK
Homestead Status: ** Currently receiving the Homestead Deduction*.
Owner Name: GARY C BENNETT UNIT VL-06
Mailing Address: 150 V ST NW; WASHINGTON DC20001-5603 Sale Price: $362,000 Sale Date: 08/12/2008
Address: 0150 V ST [Parker Flats]
SSL: 3115 2021
Neighborhood: LEDROIT PARK
Homestead Status: ** Currently receiving the Homestead Deduction Owner Name: MARCIA T MAACK Mailing Address: 150 V ST NW APT V205; WASHINGTON DC20001-5607 Sale Price: $379,900 Sale Date: 07/21/2008
Address: 0150 V ST [Parker Flats]
SSL: 3115 2040
Neighborhood: LEDROIT PARK
Homestead Status: ** Currently receiving the Homestead Deduction Owner Name: ANNE M RICHARDSON Mailing Address: 150 V ST NW APT V404; WASHINGTON DC20001-5610 Sale Price: $422,860 Sale Date: 07/21/2008
Address: 2035 2ND ST [Parker Flats]
SSL: 3115 2081
Neighborhood: LEDROIT PARK
Homestead Status: ** Currently receiving the Homestead Deduction Owner Name: ALEXANDRA G LOPEZ G-203 Mailing Address: 2035 2ND ST NW; WASHINGTON DC20001-5604 Sale Price: $264,900 Sale Date: 08/04/2008
Address: 2035 2ND ST [Parker Flats]
SSL: 3115 2087
Neighborhood: LEDROIT PARK
Homestead Status: ** Currently receiving the Homestead Deduction Owner Name: LISA R BACANSKAS UNIT G-209 Mailing Address: 2035 2ND ST NW; WASHINGTON DC20001-5604 Sale Price: $440,835 Sale Date: 08/20/2008
Knifecatchers!! LMAO!
ReplyDelete"Knifecatchers!! LMAO!"
ReplyDeleteUh-huh.
We're all placing our bets on what the future (greater than five years) is going to look like.
What's your bet? Total recovery and "business as usual" at stripmalls throughout the land, right?
It is so funny that you think those of us who abhor and piss on inner city-living filth necessarily live in the 'burbs.
ReplyDeleteBut you have to think that or else the little fantasy you have concocted doesn't work.
I was out in Culpepper last week - I recall similarly sized and appointed condos that had "pre construction prices" of 300K in 2006. Those places are now listed at 79K and sit for months and months.
ReplyDeleteThat alone speaks volumes as to how some areas are faring way better than others. As to why anyone would build condos in CULPEPPER in the first place is anyones guess.
"It is so funny that you think those of us who abhor and piss on inner city-living filth necessarily live in the 'burbs. "
ReplyDeleteOh, no. You're simply rural through-and-through.
"You're simply rural through-and-through."
ReplyDeleteWhich means Costco, Tractor Supply Co., and Walmart are likely your primary source of sustenance. How long before Walmart starts closing stores? 2009.
"rural" on this blog means you live uptown in a brick colonial and don't give blowjobs in the stalls of Busboys and Poets.
ReplyDeleteDid you know that the choice for luxury Toronto Condos is just starting to move even higher? New neighborhoods, new projects are all in the planning stages with more and more new Condos appearing on the Toronto Condo market. Luxury Condos offer an incomparable lifestyle for buyers seeking to work and live in the Toronto downtown areas without dreaded lengthy commutes.
ReplyDelete