Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Going once, going twice: How much would you spend to live like the Underwoods?

06/24/2017

Download PDF

When we’re first introduced to Kevin Spacey’s Frank Underwood in House of Cards, we’re led into an unforgettably gorgeous, dimly-lit home — the beautiful backdrop for many of the plans and schemes that finally got him to The White House. Now, after watching for five seasons, buyers have the chance to own that piece of television history.

Frank and Claire during a press conference in front of their home.

The famous home will be up for auction on July 27 with Alex Cooper Auctioneers with a deposit of $25,000 and a starting bid of $500,000.

Although most viewers assume the home is in Washington D.C., it’s located in the Bolton Hill neighborhood of Baltimore, Maryland — where most of the street and neighborhood scenes in the series were filmed.

While the gorgeous red brick and forest green trim of the Victorian-style home will be familiar to the lucky owner, the inside will be quite a bit different than what was seen on screen.

The interior shots were filmed on set in a warehouse located not too far from the home’s Park Avenue location. The set designers did take some features from the home, such as the foyer and sitting room, and recreate them almost exactly.

The actual sitting room vs. the sitting room in “House of Cards.”

Other parts of the home, such as the kitchen, will be totally different than what was shown on the show; but every bit of the home is just as gorgeous as Frank and Claire’s chic and sleek Washington D.C. abode.

The 4,600-square-foot home has five fireplaces, a living room, family room, dining room, butler’s pantry, utility room, sitting room, an anteroom (also known as a waiting room), two large bedrooms and a full bathroom with a jetted tub and walk-in shower.

Auction Agent Jared Block says the sellers have an undisclosed reserve, but they expect the home to sell well above the starting bid price.

“I can’t disclose the reserve, but what I can tell you is there’s a house across the street that just went under contract and it was listed for $749,000, and I believe that our house is superior; so, that should give you some kind of idea [of what the house will sell for],” he said during a phone interview.

Block says the home’s original 1883 features and fixtures have been a strong selling point, but he expects the home’s “House of Cards” fame will play a part in the final bidding price.

The front foyer. (Photo credit: Alex Cooper Auctioneers)

“To my surprise, most people [who have privately toured the home] are familiar with that house and the fact that it was in the show,” he says.

Block says the home’s notoriety has also garnered attention from media outlets such as “The Today Show,” Elle Decor and Architectural Digest, which he also expects to have some positive impact on the auction.

Other Realtors and auction experts have chimed in on the sale, and some predict the five-year emotional connection that some buyers have to the home will certainly have an influence when it’s time to bid.

“An auction lends itself to generating a higher price point than a traditional selling situation would because buyers bid up the price in a competitive and emotionally charged environment set up for such escalation,” said Metropolitan State University of Denver’s College of Business Senior Lecturer Darrin Duber-Smith in an interview with realtor.com.

“This is why expensive art is auctioned off rather than just sold at a set price point. It often starts far under what the seller expects, but then ends up being quite high.”

Considering the popularity of House of Cards, it will be very interesting to see what the winning bid is.

Email Marian McPherson.

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Mission Chronicle Newsletter July 24, 2023

    Mortgage rates continued to press downward last week after the previous week's CPI data pointed to e...

  • Mission Chronicle Newsletter Feb 20, 2023

    Despite the recent downward trend in mortgage rates and hopes that the Fed was nearing the end of it...

  • Mission Chronicle Newsletter Feb 6, 2023

    The Federal Reserve meeting ended as market participants expected, with a quarter-point increase and...

  • Mission Chronicle Newsletter Dec 26, 2022

    Mortgage rates held relatively steady last week as most economic news came in better than expected.C...

  • Mission Chronicle Newsletter Dec 12, 2022

    Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis ...

  • Mission Chronicle Newsletter Dec 5th 2022

    Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing a...

  • Inman Review: Tenants and leasing teams get better connected with RentTango

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Tech Review: Smart Alto puts people first in its innovative lead qualification solution

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Refreshed and nurture-savvy, Market Leader’s CRM deserves your attention

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 4 tips to improve your negotiation skills

    In today’s luxury real estate market, strong negotiation skills are an asset—you might even say ...

November 2024
Mon Tue Wed Thu Fri Sat Sun
 123
45678910
11121314151617
18192021222324
252627282930  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...