The increasingly trendy — and pricey — Brookland neighborhood in Northeast has joined D.C.’s growing seven-figure housing club.
A newly renovated home in the 1300 block of Otis Street NE sold for $1 million this month. It appears to be the first home in the Northeast neighborhood to pass that threshold, the Brookland Bridge blog first noted.
The approximately 3,000-square-foot home is within walking distance of the Brookland Metro station and has five bedrooms and four full bathrooms, including two full master suites. The home sits on a 7,500-square-foot lot.
Eric Bernstein, a real estate agent with Better Homes and Gardens Real Estate, who was the listing agent for the home, said the house originally was put on the market for $999,750. Within 10 days, he received multiple offers, and it sold for exactly $1 million.
“It’s got everything you look for in a home,” Bernstein said.
According to property records, Bernstein’s family’s company, Bradbern Construction Co., purchased the home in 2014 for $390,000. Bernstein said the company paid a hefty consulting fee to someone who helped scout the property and spent about $300,000 in renovations.
A number of homes in the area have come awfully close to $1 million. In March, for instance, a Brookland home had a listed price of $1,050,000, but property records show it sold in September for $900,000. Other homes are currently listed for more than $1 million.
The house on Otis Street originally was owned by John Diggs, who worked from about 1912 to 1950 in the maintenance department at Trinity College, which is now known as Trinity Washington University.
Diggs was the first African American to own property in Brookland, according to Ann Pauley, a spokeswoman for the university. Employees at the university say Diggs owned three properties in the neighborhood and Bernstein said that Diggs built this “solid all brick” home.
He raised his eight children in the neighborhood and his youngest son, Thomas Diggs, born in 1922 in Brookland, lived in the home as an adult. Thomas Diggs, according to his obituary, died in 2013 at the age of 90.
Bradbern Construction Co. purchased the home from the Diggs’s estate, Bernstein said.
In the Brookland ZIP code, the median price for a single-family home in 2003 was $295,000. In 2013, it jumped to $450,000. Last year, a large mixed-use development project, Monroe Street Market, opened, ushering in trendy restaurants, pricey condos and art studios.