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1032 29th St. NW
Listed sale price: $900,000
Previous sale price (1985): $10 (Yes, just 10 bucks)
Live and work in one of the District’s ritziest residential-commercial neighborhoods. Located just north of K Street in genteel Georgetown, this “modern” (built in 1900) town house is “ideal for a home office,” at just $600 per square foot. Once you get past the slanted, dilapidated shutters and rusty security door out front, the scuffed walls and floors inside, and the cobwebs adorning wooden ceiling beams, you’ll bask amid approximately 1,500 square feet of living/working space. Present owner-occupant Mage Publishers Inc. is offering the one-room-per-floor two-story brick building for more than five times its current value, according to the city’s tax-assessment rolls, of just $164,540. Enjoy the view from large picture windows overlooking the cramped two-car parking space out back. The tiny kitchenette and single toilet, both located in the basement, will appeal to the minimalist in you. Preliminary 2005 taxable assessment: $180,990. —Chris Shott