tim & jean hanan

Washington DC real estate agents

HOME    BUYING    SELLING    NEIGHBORHOODS    FEATURED PROPERTIES    AREA LINKS    ABOUT US

foggy bottom

Real Estate     Highlights     History     Adjacent Neighborhoods
Neighborhood Boundaries     Neighborhood Links
Map of Foggy Bottom

Search for Homes in Foggy Bottom
Use 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

North GEORGETOWN, WEST END
East  
South  
West  

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

Return to Map of Washington DC Area Neighborhoods 

Return to top of page

 

To discover more about Foggy Bottom and the Washington DC real estate market, including current listings and recent home sales, contact us:
202-965-3715  info@hananhomes.com

 

 

 

 

 

 

 

 
     

Washington DC real estate                     Washington DC luxury homes for sale                    Washington DC real estate listings

Home   Buying   Selling   Neighborhoods   Featured Properties   Area Links   About Us
Privacy Policy       Terms of Use

Website Design by Tim and Jean Hanan
Copyright 2008 Tim and Jean Hanan