Foxhall Foreclosure, Other NW Reductions

Below are a few stand-out price reductions on single family homes in NW DC: Palisades/Foxhall, Columbia Heights and Crestwood. Two are in foreclosure (but also listed in the MLS by an agent so you can use Redfin to represent you, if you wish), one is a short sale and one is an estate sale that is back in active status on the market. 

Some of these houses have been reduced more than once. I only list the current and most recent prices.

Remember, bank foreclosures can take a long time to settle although they can be a good deal if you make it through the paperwork. A “short sale” means the price is less than what is owed on the house by the seller and the seller’s bank would need to approve any offer. Again, this may take time and some short sales have been accused of having no chance of approval at all. Read up on how/whether these situations work out before getting your emotions involved. 

We’ll start with the house pictured above on swanky Foxhall Rd NW. OK – maybe it is on the less swanky section of Foxhall Rd (south of Reservoir Rd), but it’s still in an expensive, highly coveted neighborhood, making it a rare find.  

1616 Foxhall Rd NW – $1,655,000, down from $1,780,000, FORECLOSURE/MLS - 5 bed/5.5 bath, new-ish luxury colonial in Palisades/Foxhall.  Over 5,000 sqft of living space, Viking appliances, etc. It is listed below its tax assessment value. It has been on the market for 34 days.

Columbia Heights

3416 13th St NW – $442,000, down from $497,000, FORECLOSURE/MLS - 5 bed/3 bath brick row house, including separate unit in English basement. It has a bayfront construction, built in 1895. Table space main kitchen. Four of the bedrooms are on the first upper floor, and it has an attic. It is listed below its tax assessment value. It has been on the market for 43 days.

755 Kenyon St NW – $199,900, down from $239,000 - 2 bed/1 bath brick row house built in 1916. It is 3 blocks from the Metro station but also includes parking. It has been on the market for 73 days.  

Crestwood

1707 Upshur St NW – $499,000, down from $549,000 – 3 bed/1.5 bath semi-detached brick house built in 1925. This house is back on the active market, now for a total of 128 days unsold. It is an estate sale, so love it or leave it.

Cheers,
Allison