This property originally sold on March 14, 2007 for $192,500. 


Knowing that all of these condos (see below) sold for $180k+ six years ago makes me want to scream.  Yes, the housing market is down but in many parts of Ward 8 the condo market has been decimated. Some condo units are now worth only  1/3  1/4 of what they were a few years ago.

Why there hasn't been emergency city council hearings on this issue I will never know. 

Oh wait, I suppose I should say "gentrification" and this post will skyrocket to the top of everyone's Google alerts. :(



Go HERE for the full REMAX listing.

Property Type: Condo/Townhouse
MLS Number: DC7862374
Bedrooms: 2
Bathrooms: 1
Home Size: 727 sq ft

Description:
NICE HOME! Large 2BR Condo in GOOD condition! hardwood flooring; stainless apple' granite counters; washer/dryer in unit! Lots of natural light. 2nd floor in gated community. THIS IS A FANNIES MAE HOMEPATH PROPERTY. Purchase this property with as little as 3% down.