12 Warren Place Sells For (Almost) Ask
12 Warren Place, which was asking $1,200,000 when it was an Open House Pick last fall, closed on the last day of February for $1,198,000. Surprised? We’re not. It’s called a cuteness premium. Update: Looks like the Observer covered this in depth a couple of weeks back. Buyer was indeed a 26-year-old writer. GMAP

12 Warren Place, which was asking $1,200,000 when it was an Open House Pick last fall, closed on the last day of February for $1,198,000. Surprised? We’re not. It’s called a cuteness premium. Update: Looks like the Observer covered this in depth a couple of weeks back. Buyer was indeed a 26-year-old writer. GMAP
I have been in some of these houses, and what always amazed me was the similarity of the layout and details to a normal sized house – just smaller.
The main stair case up from the parlor floor is exactly like a normal size house, just zoomed back. The fireplaces, ditto.
It’s as if there was a zoom feature that went from real to doll house, and they stopped somewhere in between.
In Philadelphia, the small trinity houses are different in layout from a real house, in that the stairs are hand built with sharp twists, basically fitted into a large closet size instead of a stairwell.
If you make it down to Philly, Eldreth’s? Alley, right off 2nd St by the Arden Theater has a “museum” open plus walking tour free through your cell phone.
barf
“Maly, or a very nice coach bag for 350-400”
Or a nice fake for $20.
I’ve been inside these houses. They’re similar to trinities except it’s two small rooms per floor. Great use of the space here, we can all learn something from the floor plan.
The actual renovation itself is not especially to my taste. Too modern, too much white. But I wasn’t the buyer, so guess that doesn’t matter.
Simon Rich. Jealousy magnet. But I will say hi if I see him around. (Boy, oh boy, there are a ton of writers around here!)
I bet the monthlies on this would be much less than at Arches tho. Low taxes. Minimal maint.
I looked at this house last year. It is TINY. That said, it is immaculately and beautifully renovated, and they very efficiently use every square inch of space. I didn’t like the shared garden in back — I was thinking of CDog at the time.
So, instead, I went back across the street to The Arches, where I was outbid on another duplex, which was much larger than this house and asking a good deal less.
Maly, or a very nice coach bag for 350-400
Exactly, M4L. People might as well rant about women who buy Hermes bags for $10,000, when they could buy a perfectly serviceable Cole Haan for $600. Not the point.