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foggy bottom
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Map of Foggy Bottom
Search for Homes in
Foggy Bottom
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20037 zipcode
REAL ESTATE
If you have questions about the following data or want
more information, contact us at
202-965-3715.
If you would like to be
included in periodic e-mail updates on this or other
neighborhoods, send your name and e-mail address to
info@hananhomes.com.
As of September 30, 2008, one single-family homes was
for sale in Foggy Bottom
with
none under contract. In the third quarter of 2008, two
homes sold.
In the first half of 2008, one single-family home sold
in Foggy Bottom. In 2007, there were five sales, while 12
homes sold in 2006. The average sale price in the
first half of 2008 was $932,000. This compares to
$1,832,000 and $674,042 in 2007 and 2006, respectively.
The average list price was $950,000 in the first half of
2008, $1,884,800 in 2007, and $723,075 in 2006. Listed
below are the sales by price range.
|
Single-Family Homes |
2008
1st Half |
2007 |
2006
|
|
Below $500,000 |
0 |
1 |
3 |
|
$500,000-$999,999 |
1 |
1 |
8 |
|
$1,000,000-1,499,999 |
0 |
1 |
1 |
|
$1,500,000-$1,999,999 |
0 |
1 |
0 |
|
$2,000,000-$2,499,999 |
0 |
0 |
0 |
|
$2,500,000-$2,999,999 |
0 |
0 |
0 |
|
$3,000,000+ |
0 |
1 |
0 |
|
TOTAL |
1 |
5 |
12 |
The
number of condominiums and cooperatives that sold
in Foggy Bottom in the third quarter of 2008 totaled 19,
with 11 under contract. There were 31 condos and coops
for sale as of September 30, 2008. For the first half of
2008, 25 condos/coops sold, 74 for the year 2007,
and 76 in 2006. The average sales price was $337,484 in
the first half of 2008, $402,153 in 2007, and $338,133
in 2006. Listed below are the sales by price range.
|
Condominiums/Coops |
2008
1st Half |
2007 |
2006
|
|
Below $500,000 |
21 |
57 |
70 |
|
$500,000-$999,999 |
4 |
15 |
4 |
|
$1,000,000-1,499,999 |
0 |
2 |
1 |
|
$1,500,000-$1,999,999 |
0 |
0 |
0 |
|
$2,000,000-$2,499,999 |
0 |
0 |
0 |
|
$2,500,000-$2,999,999 |
0 |
0 |
1 |
|
TOTAL |
25 |
74 |
76 |
George Washington University (and its hospital) is the
largest property owner in Foggy Bottom. The neighborhood
consists of apartment buildings, condos, coops, and
townhouses. Prices in the upscale luxury Watergate
complex are dramatically higher than most residences in
Foggy Bottom. There are a number of neighborhood coops and condominiums, some of which
are around forty years old while others are new
construction. The historic district contains quaint row
houses dating from the 1870s to the beginning of the
20th Century. Most of the row houses are two-story,
flat-fronted structures.
HIGHLIGHTS
Foggy Bottom has the unique position of being the
only NW neighborhood within walking
distance to downtown, the Mall, and Georgetown. Yet, it holds
several points of interest within its borders. The
Kennedy Center is probably foremost among the
neighborhood's attractions. The Lisner Auditorium at
George Washington University also provides an
arena for entertainment. Several significant
organizations and government offices call Foggy Bottom
their home. They include the State Department, National
Academy of Science, World Bank and International
Monetary Fund, Interior Department, Pan American Health
Organization, American Red Cross, and the Daughters of
the American Revolution. Of historical note are the
Albert Einstein Memorial, the Octagon, St. Mary's
Episcopal Church, and the Virginia Avenue statues
honoring the Latin American heroes, Benito Juarez, Simon
Bolivar, and Jose de San Martin.
Many amenities are available to support George
Washington University, its hospital and the Foggy Bottom community. There are
numerable hotels and restaurants in the area and a few
small markets. From June to October, the Freshfarm
located at New Hampshire Avenue and 24th Street provides
a small -scale farmers market. The neighborhood is
served by two Metro stations, Farragut West
and Foggy Bottom/GWU. E. J. Kelly Park is located
in Foggy Bottom and just south of Constitution Avenue
are the Vietnam, Lincoln, and the Korean Memorials in
the western shadow of the Washington Monument. The
School Without Walls, a DC magnet high school, is located in Foggy Bottom.
HISTORY
In 1765, Jacob Funk, a German immigrant, purchased 130
acres and subdivided his tract into 234 building lots that
extended between 19th and 24th Streets and from H Street
to the Potomac. He built his family house and a church
(now the United Church at 20th and G Streets) in his
settlement that became known as Funkstown. L’Enfant included
Funkstown in his plan for Washington, establishing two
public sites, Camp Hill, that was located on a hill at
the riverfront between 23rd and 24th Streets, and
Washington Circle.
Foggy Bottom, which gained its name in the early 1800s
when the then undeveloped area would be engulfed by fog
in the early mornings and evenings, became the industrial
section of the new capital. The first factory in
Washington was a brewery which opened in 1796 on land
now occupied by the State Department and the National
Academy of Sciences. Breweries prospered until the 20th
Century. The Christian Heurich Brewery which operated
from 1894 until 1966 was demolished to provide the
setting for the Kennedy Center. Most of the early
inhabitants were German and Irish immigrants who worked
in the nearby breweries, glass plants, and for the
Washington Gas and Light Company. George Washington
University moved from its location in today's Columbia Heights and
began to buy up many of the houses in the area and
either renovate them for offices or demolish them for
dorms and other structures.
ADJACENT
NEIGHBORHOODS
NEIGHBORHOOD
BOUNDARIES
|
North |
K Street |
|
East |
17th Street |
|
South |
Constitution
Avenue |
|
West |
Rock Creek
and Potomac Parkway/Potomac River |
NEIGHBORHOOD
LINKS
Historic Foggy
Bottom
Foggy Bottom
Association
Map of Foggy Bottom
To discover more about current listings
and recent home sales in foggy bottom and
the washington
dc real estate market:
Call or e-mail us at
202-965-3715
info@hananhomes.com
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