Charming Edgewood Rowhouse

2335 3rd St NE, Offered at $399,900

This charming Edgewood rowhouse makes an ideal starter home and is energy-efficient. Updates include central A/C & boiler, new energy efficient low-E windows, solar panels and new tile and hardwood flooring. Solar tax credits from solar panel usage currently pays owner $1,000 annually ($250.00 paid out quarterly from Pepco)—utility bill savings! The finished basement makes a perfect recreation area and leads out to a comfortably-sized backyard. Both the interior and exterior have been freshly painted.

Offered at $399,900

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Elegant duplex condo with incredible 4th of July Fireworks view

26 Bryant St NW #2 Offered at $699,900.

Under Contract

Developed by Jonathan Kolo, this historic boutique condo building is located in Bloomingdale.  Don’t miss the stunning views of the US Capitol, and the Washington Monument, as well as a prime viewing spot for DC’s famous 4th of July Fireworks. Enjoy the relative quiet of this residential neighborhood, and still have easy access to Boundary Stone, Red Hen, Rustik, Bacio, Big Bear, the Farmer’s Market, etc.

Offered at $699,900.       Condo fee $200/mo

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10 Square Team Affordable Housing mailing list sign up

In 2013, in response to a need articulated by a broker representing primarily new construction condo developments, 10 Square Team began designing and implementing systems to effectively sell units subject to affordability requirements in the District of Columbia.  10 Square Team represents developers in the sales of both Affordable Dwelling (AD) and Inclusionary Zoning (IZ) units. 

Both of these affordable housing purchase options are subject to income restrictions.  The process leading to the culmination of a contract and ultimately purchase of any of these units is dictated by the District of Columbia Department of Housing and Community Development.

It is our intent to develop a comprehensive website for marketing our upcoming available units, as well as to provide information to consumers and developers to increase understanding of these types of purchases.  If this topic is of interest, you can fill out this form to join our affordable mail list.  We also keep our facebook page up to date with announcements for available properties, registration information, etc., so you may want to like us at https://www.facebook.com/10SquareTeamDC.

Please note that we are no longer showing The Lima, however, eligible prospective buyers who have already taken the Inclusionary Zoning orientation class can go ahead and register for the March 6th lottery.  You must register directly through DHCD at this lottery registration link.

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IZ Lottery scheduled for The Lima

Model Unit at The Lima condos located at 2101 11th St NW, WDC

10 Square Team represents the developer of The Lima Condos in the sale of three inclusionary zoning units, located at 2101 11th St NW.  Purchasers are selected for these units through a lottery process administrated by the District of Columbia Department of Housing and Community Development.

The lottery for The Lima is scheduled for 6 March 2014. Continue reading

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10 Square Team recognized by Keller Williams Realty International for Platinum Performance

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10 Square Team is an official Homes for Heroes affiliate

For more info on the program, visit homesforheroes.com.  If you are eligible and would like to participate, we are ready to help you!

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What real estate learning events would you attend?

10 Square team is planning our 2014 event calendar.  Please take a moment to tell us what learning opportunities would be of interest to you.  Please click here to take our super quick survey.

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2013 year end numbers for the Eckington neighborhood of Washington, DC

The red area references the Eckington neighborhood. Although the legal subdivision includes the triangle of land on the west side of North Capitol Street, the neighborhood is usually considered the area on the east side, in the NE quadrant of the city.

Thanks to 10 Square Team member David Walsh for supplying the Eckington year end numbers.

Eckington is a downtown neighborhood of Washington, DC located just east of Bloomingdale.  The homes are mostly Victorian and Federal rowhomes, which, like Bloomingdale, vary widely in terms of size, condition, outdoor space, location (proximity to busy street or close to restaurants, bikeshare, etc.)  I consider the boundaries to be North Capitol Street NE to the west, Florida Avenue NW to the south, the train tracks or the Met Branch trail to the east, and Rhode Island Avenue NE to the north.

Eckington is home to XM Radio HQ, as well as the main Fedex center for DC.  It borders rapidly developing NOMA to the southeast, which includes access to Metro’s red line, Harris Teeter supermarket, hotels, a pet supply store, restaurants, ATF (that would be the Federal Bureau of Alcohol, Tobacco, and Firearms) and recently built luxury residential rental and Class A office buildings.  It’s also very close to popular Union Market.  It should be noted that the best place to hang out on a summer afternoon in Eckington is the Harry Thomas Rec Center swimming pool on Lincoln Road NE.

Real Estate sales data for Eckington 2013: Continue reading

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2013 year end numbers for the Bloomingdale neighborhood of Washington, DC

Bloomingdale Turrets (c) 2011 Suzanne Des Marais

I figured I would start with my own neighborhood, but please let us know what other neighborhoods you would like to see focused 2013 year end numbers for.

For those who are not familiar, Bloomingdale is a downtown neighborhood of Washington, DC.  The homes are mostly Victorian and Federal rowhomes, which vary widely in terms of size, condition, outdoor space, location (proximity to busy street or close to restaurants, bikeshare, etc.)  I consider the boundaries to be North Capitol Street NW to the east, Florida Avenue NW to the south, 2nd Street NW to the west, and Michigan Avenue NW to the north.

We’re close enough to the National Mall that many of us can see fireworks at the Washington Monument from our roof tops.  We can also look directly at the US Capitol building.  Within the neighborhood there is a burgeoning commercial buzz.  Local businesses include Bloomingdale Liquor, Field to City, Windows Cafe and Market, Yoga District, Bacio Pizza, Big Bear Cafe, Boundary Stone, Rustik, and the unforgettable Red Hen.  From May to November, we have a great farmer’s market.

Real Estate sales data for Bloomingdale 2013: Continue reading

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F.A.Q.s about purchasing Affordable Dwelling & Inclusionary Zoning Units in Washington, DC

Interior from The Lima condos in Washington, DC. There are three inclusionary zoning (IZ) units in this property.

10 Square Team provides a service to developers in Washington,DC who have Affordable Dwelling Units (ADUs) or Inclusionary Zoning Units (IZs) to sell.  ADUs and IZs are an opportunity for low to moderate income buyers who would otherwise not be able to afford to purchase at market rate in these new construction properties, often in very desirable neighborhoods.

There are many rules, entities involved, and steps to follow to purchase one of these units.  10 Square Team’s goal is to make the process understandable and least cumbersome as possible for both the developer and the consumer.

I’ve tried to assemble the most frequently asked questions and things you should know if you are interested in exploring these types of purchase options. Continue reading

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