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What sold in the District this week…
116 5th St. NE (Capitol Hill)
Four bedrooms; Four and a half bathrooms
Original Listing Price: $1,195,000
Original Listing Date: Sept. 15, 2008
Final Price:$1,100,000
Close Date: March 27, 2009
Analysis: In February, this house dropped from its original listing price, $1,195,000, down to $1,149,000. But the owners still sold it for significantly more than their purchase price: The last listed sale was for $825,000 in 2003 (and before that, for $430,000 in 1995). A Southeast Capitol Hill rowhouse with the same number of bedroomswent for $1,115,000 in September 2008. Other recent four-bedrooms rowhouses on the hill have ranged from the upper $500,000s to properties like the above. But few probably had what 116 5th St. could offer: A two-car garage, a patio area and an open deck, plus a cleaned, polished look throughout.