______
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
German A. Benitez FEBRUARY 22, 2022
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
What is a CMA No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the comparative market analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing - new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data Selds that are chosen. That means some features may not be included. As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional's knowledge and advice.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
2
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
P = ACTIVE UNDER CONTRACT
P = PENDING
BEDS
BATHS
SQFT
PRICE
19426 Brassie Pl
2
1.50
1,080
-
1
Subject
2
MDMC2027142
S
9795 Brassie Way
2
2.0/1.0
1,281
$251,000
3
MDMC2026968
S
10116 Ridgeline Drive
2
1.0/1.0
1,026
$245,000
4
MDMC2027102
S
10136 Ridgeline Dr
2
1.0/1.0
1,010
$255,000
5
MDMC2012176
P
19316 Thomas Farm Rd
2
1.0/1.0
1,080
$279,000
6
MDMC2037942
P
10100 Ridgeline Dr
2
1.0/1.0
1,050
$269,000
7
MDMC2036808
P
9604 Marston Ln
2
1.0/1.0
1,080
$270,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
9795 Brassie Way
1/27/22
2
2.0/1.0
1,281
$251,000
$196
10116 Ridgeline Drive
1/28/22
2
1.0/1.0
1,026
$245,000
$239
10136 Ridgeline Dr
1/24/22
2
1.0/1.0
1,010
$255,000
$252
1,105
$250,333
$229
Averages
P
ACTIVE UNDER CONTRACT LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
19316 Thomas Farm Rd
11/15/21
2
1.0/1.0
1,080
$279,000
$258
10100 Ridgeline Dr
-
2
1.0/1.0
1,050
$269,000
$256
9604 Marston Ln
-
2
1.0/1.0
1,080
$270,000
$250
1,070
$272,666
$255
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
4
Listings
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
9795 Brassie Way
Montgomery Village, MD 20886
$251,000 CLOSED
2 Beds 2.0/1.0 Baths Year Built 1979
1/27/22
MLS #MDMC2027142 1,281 Sq. Ft. ($196 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 1/28/22
Assoc Fee: $1,340
Half baths: 1.0 Acres: 0.02
Updated: Jan 28, 2022 5:40 AM
Taxes: $2,298
County: MONTGOMERY
Lot Size (sqft): 705
List Price: $229,000
List date: 1/5/22
Orig list price: $229,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Association Name: COMSOURCE AND MONTGOMERY VILLAGE FOUNDATION
Cooling Fuel: Electric
Property Condition: Good
Foundation Details: Concrete Perimeter
Roof: Asbestos Shingle
Subdivision: THOMAS CHOICE WEST Style: ["Colonial"]
Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: None Association Fee Frequency: Annually Association Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Snow Removal
Heating: Heat Pump(s)
Special Listing Conditions: Standard
Heating Fuel: Electric
Senior Community Yn: false
Below Grade Finished Area Source: Assessor
Hot Water: Electric
Sewer: Public Sewer
Levels: 2
Below Grade Finished Area Units: Square Feet
Living Area Source: Estimated
Structure Type: Interior Row/ Townhouse
Construction Materials: Brick
Lot Size Source: Assessor
Tax Year: 2021
Lot Size Units: Square Feet
Cooling: Central A/C
Parking Features: Assigned
Total Garage And Parking Spaces: 1
Basement: Walkout Level, Fully Finished
Tax Lot: 186
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
Virtual Tour: View
19426 Brassie Place, Gaithersburg, Maryland 20886
Water Source: Public
Zoning: R10
Parking Lot Spaces: 1
Remarks WELCOME HOME! This townhome in the sought-after Thomas Choice West Community in the heart of Montgomery Village is ready to move in; just waiting for personal touches. Each level has large windows for great natural lighting! New kitchen appliances! Large family room and a half bath on the main Toor. New toilets and vanities in all bathrooms! The top Toor boasts two bright spacious bedrooms with good-size closets. The basement includes a multiple-purpose room with a two-panel sliding door that provides access to the fenced patio, a separate laundry room, and a full bath! Numerous community amenities are available, like Montgomery Village Foundation pools, a lake, tennis courts, tot lots, parks & recreational areas. Public transportation right outside the main road. Close to Shady Grove metro with easy access to I-270 and 355. Walking distance to supermarkets, shopping centers, restaurants, and entertainment. You don't want to miss the opportunity to own this home! Please review disclosures for more details.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
9795 Brassie Way
19426 Brassie Place, Gaithersburg, Maryland 20886 Montgomery Village, MD 20886
$251,000 CLOSED
1/27/22
2 Beds 2.0/1.0 Baths Year Built 1979
MLS #MDMC2027142 1,281 Sq. Ft. ($196 / sqft) Days on market: 7
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
10116 Ridgeline Drive
Montgomery Village, MD 20886
$245,000 CLOSED
2 Beds 1.0/1.0 Baths Year Built 1978
1/28/22
MLS #MDMC2026968 1,026 Sq. Ft. ($239 / sqft) Days on market: 12
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.02
Updated: Jan 31, 2022 8:40 AM
County: MONTGOMERY
Lot Size (sqft): 863
List Price: $245,000
Subdivision: CLUBSIDE
List date: 12/16/21
Orig list price: $245,000
Style: ["Colonial"]
Off-market date: 1/30/22
Assoc Fee: $90
Full baths: 1.0
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Taxes: $2,251
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Interior Features: Family Room Off Kitchen
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Construction Materials: Frame
Levels: 2
Cooling: Central A/C
Living Area Source: Assessor
Tax Lot: 406
Accessibility Features: None Association Fee Frequency: Monthly
Cooling Fuel: Electric
Lot Size Source: Assessor
Water Source: Public
Foundation Details: Other
Lot Size Units: Square Feet
Below Grade Finished Area Source: Assessor
Zoning: R20
Heating: Central Heating Fuel: Electric
Special Listing Conditions: Standard
Hot Water: Electric
Senior Community Yn: false
Structure Type: Interior Row/ Townhouse Tax Year: 2021
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
Remarks Great location! Don't miss this fantastic 2 bedroom interior unit close to everything. Park right out front in your assigned space for an easy walk to the front door. The entrance welcomes you with a few steps to open living/dining. Walk out to your private patio for entertainment. The main level is completed by a cozy kitchen and half bath. Upstairs you will Snd 2 large bedrooms, laundry and a full bathroom. Heating and garbage disposal have been recently replaced. Take advantage of the close bus stop with multiple routes. This quiet and convenient location is close to commuter routes, shopping, dining and more! Whether you need groceries, gas, banking, a car wash, or so much more, this location has it. Schedule your tour today!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
10116 Ridgeline Drive $245,000 CLOSED
1/28/22
19426 Brassie Place, Gaithersburg, Maryland 20886 Montgomery Village, MD 20886
2 Beds 1.0/1.0 Baths Year Built 1978
MLS #MDMC2026968 1,026 Sq. Ft. ($239 / sqft) Days on market: 12
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
10136 Ridgeline Dr
Montgomery Village, MD 20886
$255,000 CLOSED
2 Beds 1.0/1.0 Baths Year Built 1978
1/24/22
MLS #MDMC2027102 1,010 Sq. Ft. ($252 / sqft) Days on market: 10
Details Prop Type: Single Family Residence
Full baths: 1.0
Off-market date: 1/31/22
Assoc Fee: $90
Half baths: 1.0
Taxes: $2,462
County: MONTGOMERY
Acres: 0.02
Updated: Jan 31, 2022 6:40 AM
Subdivision: CLUBSIDE
Lot Size (sqft): 968
List Price: $255,000
Style: ["Colonial", "Back-toBack"]
List date: 12/11/21
Orig list price: $255,000
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Heating Fuel: Electric
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Accessibility Features: None
Construction Materials: Frame
Interior Features: Kitchen Gourmet, Dining Area, Combination Dining/Living
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Appliances: Dishwasher, Disposal, Oven/Range Electric Association Fee Frequency: Monthly
Cooling: Central A/C Cooling Fuel: Electric Foundation Details: Slab, Brick/Mortar Heating: Central
Hot Water: Electric
Levels: 2
Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: End of Row/ Townhouse
Living Area Source: Assessor
Tax Lot: 412
Lot Size Source: Assessor
Water Source: Public
Lot Size Units: Square Feet
Zoning: R20
Tax Year: 2021
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
Remarks Come See this Amazing freshly renovated unit! New hardwood Toors, New appliances, new paint, new fence! WOW. Bring your buyer and come take a look!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
19316 Thomas Farm Rd
Montgomery Village, MD 20886
$279,000 ACTIVE UNDER CONTRACT
2 Beds 1.0/1.0 Baths Year Built 1972
11/15/21
MLS #MDMC2012176 1,080 Sq. Ft. ($258 / sqft) Days on market: 43
Details Prop Type: Single Family Residence
Half baths: 1.0
List Price: $279,000
High: WATKINS MILL
Acres: 0.04
Orig list price: $289,000
County: MONTGOMERY
Lot Size (sqft): 1,600
Assoc Fee: $345
Middle: MONTGOMERY VILLAGE
Subdivision: MARYLAND PLACE
List date: 8/26/21
Taxes: $2,579
Elementary: WHETSTONE
Updated: Nov 12, 2021 8:47 AM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Association Amenities: Common Grounds, Community Center, Pool Outdoor, Recreational Center, Reserved/Assigned Parking, Swimming Pool, Picnic Area
Association Fee Includes: Management, Reserve Funds, Common Area Maintenance, Trash, Snow Removal, Recreation Facility, Pool(s)
Construction Materials: Brick
Association Fee Frequency: Quarterly
Below Grade Finished Area Source: Assessor
Fencing: Wood, Rear, Privacy
Style: ["Traditional"] Full baths: 1.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Level Entry - Main Appliances: Disposal, Dryer, Icemaker, Microwave, Oven/ Range - Electric, Refrigerator, Stove, Washer
Below Grade Finished Area Units: Square Feet Community Pool Features: In Ground
Cooling: Central A/C Cooling Fuel: Electric Door Features: Storm Flooring: Carpet, Laminated, Vinyl Heating: Forced Air Heating Fuel: Electric Hot Water: Electric
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
Inclusions: Camera door bell Interior Features: Ceiling Fan(s), Combination Dining/ Living, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Window Treatments, Other Laundry Type: Washer In Unit, Dryer In Unit Levels: 2
19426 Brassie Place, Gaithersburg, Maryland 20886
Living Area Source: Assessor
Rooms Total: 6
Tax Year: 2021
Special Listing Conditions: Standard
Total Garage And Parking Spaces: 2
Security Features: Smoke Detector, Exterior Cameras
Water Source: Public
Patio And Porch Features: Patio(s)
Senior Community Yn: false
Off Street Spaces: 2
Sewer: Public Sewer
Pets Allowed: Cats OK, Dogs OK
Structure Type: Interior Row/ Townhouse
Assigned Parking Space Number(S): 316
Roof: Shingle
Tax Lot: 222
Lot Size Source: Assessor Lot Size Units: Square Feet Parking Features: Assigned
Zoning: TLD
Remarks Very well maintainedtownhome in the quiet Maryland Place neighborhood of Montgomery Village. beautiful hardwood Toor and plenty of upgrades throughout. Upstairs two master size bedrooms.Spacious Living Room and Dining room combination.. Finished attic space provides plenty of storage. EnclosedLarge fenced yardperfect size for picnics and entertaining for summer. Includes exterior storage shed. 2 spacious parking spaces in front of the house, Walking distance to Whetsone Elementary, community pool recreationalfacilities, shopping centers and close to public transportation. Great starter home for owner occupants orgood addition to your rental portfolio!Call and go today you won't be disappointed!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
19316 Thomas Farm Rd $279,000 ACTIVE UNDER CONTRACT
Montgomery Village, MD 20886
2 Beds 1.0/1.0 Baths 11/15/21
Year Built 1972
MLS #MDMC2012176 1,080 Sq. Ft. ($258 / sqft) Days on market: 43
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
10100 Ridgeline Dr
Montgomery Village, MD 20886
$269,000 PENDING
2 Beds 1.0/1.0 Baths Year Built 1978
2/15/22
MLS #MDMC2037942 1,050 Sq. Ft. ($256 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Acres: 0.02
Orig list price: $269,000
Lot Size (sqft): 871
Assoc Fee: $90
Middle: MONTGOMERY VILLAGE
County: MONTGOMERY
List date: 2/15/22
Taxes: $2,380
Elementary: WHETSTONE
Subdivision: CLUBSIDE
Off-market date: 2/20/22
Style: ["Colonial"] Full baths: 1.0
Updated: Feb 20, 2022 12:04 PM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Half baths: 1.0
List Price: $269,000
High: WATKINS MILL
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Hot Water: Electric
Senior Community Yn: false
Levels: 2
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Construction Materials: Frame
Living Area Source: Assessor
Structure Type: Interior Row/ Townhouse
Accessibility Features: None
Cooling: Central A/C
Lot Size Source: Estimated
Tax Lot: 399
Association Fee Frequency: Monthly
Cooling Fuel: Electric
Lot Size Units: Square Feet
Tax Year: 2021
Foundation Details: Other
Below Grade Finished Area Source: Assessor
Main Level Bedrooms: 2
Water Source: Public
Heating: Central
Special Listing Conditions: Standard
Zoning: R20
Features
Heating Fuel: Electric
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
Remarks Location.. Location ! Beautiful 2 bedroom interior unit close to everything. Park right out front in your assigned space for an easy walk to the front door. Open living/dining and the main level is completed by a cozy kitchen and half bath. Upstairs you will Snd 2 large bedrooms, laundry and a full bathroom. Heating and garbage disposal have been recently replaced. Take advantage of the close bus stop with multiple routes. This quiet and convenient location is close to commuter routes, shopping, dining and more! Whether you need groceries, gas, banking, a car wash, or so much more, this location has it.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
10100 Ridgeline Dr
19426 Brassie Place, Gaithersburg, Maryland 20886 Montgomery Village, MD 20886
$269,000 PENDING
2/15/22
2 Beds 1.0/1.0 Baths Year Built 1978
MLS #MDMC2037942 1,050 Sq. Ft. ($256 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
9604 Marston Ln
Montgomery Village, MD 20886
$270,000 PENDING
2 Beds 1.0/1.0 Baths Year Built 1972
2/15/22
MLS #MDMC2036808 1,080 Sq. Ft. ($250 / sqft) Days on market: 2
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.03
Updated: Feb 19, 2022 7:33 AM
County: MONTGOMERY
Lot Size (sqft): 1,400
List Price: $270,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: MONTGOMERY VILLAGE
List date: 2/15/22
Orig list price: $270,000
High: WATKINS MILL
Off-market date: 2/16/22
Assoc Fee: $355
Middle: MONTGOMERY VILLAGE
Style: ["Colonial"]
Taxes: $2,650
Full baths: 1.0
Elementary: WHETSTONE
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Other Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Stove, Water Heater
Association Amenities: Baseball Field, Basketball Courts, Common Grounds, Picnic Area, Pool - Outdoor, Pool Mem Avail, Reserved/ Assigned Parking, Swimming Pool
Below Grade Finished Area Source: Assessor
Community Pool Features: In Ground
Flooring: Luxury Vinyl Plank
Association Fee Frequency: Quarterly
Construction Materials: Brick Front
Heating: Heat Pump(s)
Association Fee Includes: Pool(s), Snow Removal, Trash
Cooling: Central A/C
Below Grade Finished Area Units: Square Feet
Cooling Fuel: Electric
Exterior Features: Sidewalks, Street Lights, Gutter System, Extensive Hardscape Fencing: Rear, Wood Foundation Details: Slab Heating Fuel: Electric Hot Water: Electric Inclusions: Shed, Drapes, Blinds
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
Interior Features: Dining Area, Kitchen - Galley, Ceiling Fan(s), Combination Kitchen/ Dining, Floor Plan Traditional, Store/OUce, Family Room Off Kitchen, Kitchen - Table Space
Living Area Source: Assessor
Property Condition: Very Good
Lot Features: Front Yard, Level
Special Listing Conditions: Standard
Lot Size Source: Assessor
Senior Community Yn: false
Zoning: TLD
Lot Size Units: Square Feet
Sewer: Public Sewer
Parking Lot Spaces: 2
Laundry Type: Dryer In Unit, Washer In Unit
Parking Features: Assigned
Structure Type: Interior Row/ Townhouse
Levels: 2
Patio And Porch Features: Patio(s), Brick
Tax Year: 2021 Total Garage And Parking Spaces: 2 Water Source: Public
Tax Lot: 218
Remarks OPEN HOUSE CANCELED. OFFER ACCEPTED AND UNDER CONTRACT. This charming, beautifully maintained and updated 2 bedroom 1.5 bathroom townhome is listed in the quiet community of Montgomery Village. Updated kitchen, bathrooms and Tooring throughout, Great patio for entertaining or a quiet escape. Cozy living room just off the galley designed kitchen opening to the bistro styled dining area. Fresh paint throughout the entire house. This home has two assigned parking spaces, several community pools and is nestled in a friendly neighborhood that is only minutes to Route 270!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
9604 Marston Ln
19426 Brassie Place, Gaithersburg, Maryland 20886 Montgomery Village, MD 20886
$270,000 PENDING
2/15/22
2 Beds 1.0/1.0 Baths Year Built 1972
MLS #MDMC2036808 1,080 Sq. Ft. ($250 / sqft) Days on market: 2
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
Comparable Property Statistics S
3 Sold Listings LOWEST
$245,000
P
AVERAGE
$250,333
HIGH
$255,000
AVG PRICE / SQFT
AVG DOM
$229
9
AVG PRICE / SQFT
AVG DOM
$255
17
3 Active Under Contract Listings LOWEST
$269,000
AVERAGE
$272,666
HIGH
$279,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
Sold Property Analysis Averages
103.0%
Homes sold for an average of 103.0% of their list price.
9
Days on market
It took an average of 9 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
9795 Brassie Way
$229,000
$251,000
109.61%
7
$196
10116 Ridgeline Drive
$245,000
$245,000
100.00%
12
$239
10136 Ridgeline Dr
$255,000
$255,000
100.00%
10
$252
$243,000
$250,333
103.02%
9
$229
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
19426 Brassie Place, Gaithersburg, Maryland 20886
The Value of Your Home In a neighborhood of similar homes, why is one worth more than another? That's the question that's teased buyers and sellers for ages, but the answer is simple. Every home is different When a home is sold, a willing seller and a willing buyer determine the value of that home with the sale price. That price then becomes a benchmark for other similar homes, but other factors come into play. The most important are:
Location The closer a home is to jobs, parks, transportation, schools, and community services, the more desirable it is.
Size Square footage impacts home value because a larger home is built using more materials, and gives the homeowner more usable space. And a larger lot size could mean more privacy than a smaller one.
Number of bedrooms and baths Additional bedrooms and bathrooms raise the value of a home compared to similar homes that do not have those rooms.
Features and @nishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home Snished with hardwood Toors and granite countertops is going to cost more than a home with carpet and laminate countertops.
Condition The closer a home is to new construction, the more it will retain its value. It's perceived as more modern, up to date, and perhaps safer. Homes that are not updated or in poor repair sell for less as purchasers' factor in the cost of updating and eventually replacing appliances and systems.
Curb appeal From the street, the home looks clean, fresh, and inviting. Fresh landscaping and Towers won't change the size or location, but they certainly add charm. When two homes are identical in the same neighborhood, a higher price may come down to something as simple as views, paint colors, or the overall taste of the homeowner.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26