______
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Reza Ghafoorian NOVEMBER 16, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
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
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
A = ACTIVE
BEDS
BATHS
SQFT
PRICE
3036 Woodland Dr NW
8
9.00
8,802
-
1
Subject
2
DCDC516954
S
3120 Woodland Dr Nw
7
7.0/2.0
8,293
$10,900,000
3
DCDC2010338
S
2850 Woodland Dr Nw
7
7.0/3.0
10,300
$13,000,000
4
DCDC2013488
A
1644 Avon Pl Nw
6
6.0/2.0
4,020
$10,000,000
5
DCDC515108
A
2701 32 Nd St Nw
5
5.0/1.0
4,443
$9,750,000
6
DCDC519368
A
2221 30 Th St Nw
9
12.0/3.0
14,335
$16,500,000
7
DCDC506380
A
2860 Woodland Dr Nw
5
6.0/2.0
8,050
$10,995,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
3120 Woodland Dr Nw
7/8/21
7
7.0/2.0
8,293
$10,900,000
$1,314
2850 Woodland Dr Nw
8/23/21
7
7.0/3.0
10,300
$13,000,000
$1,262
9,296
$11,950,000
$1,288
Averages
A
ACTIVE LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
1644 Avon Pl Nw
-
6
6.0/2.0
4,020
$10,000,000
$2,488
2701 32 Nd St Nw
-
5
5.0/1.0
4,443
$9,750,000
$2,194
2221 30 Th St Nw
-
9
12.0/3.0
14,335
$16,500,000
$1,151
2860 Woodland Dr Nw
-
5
6.0/2.0
8,050
$10,995,000
$1,366
7,712
$11,811,250
$1,800
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
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
3120 Woodland Dr Nw
Washington, DC 20008
$10,900,000 CLOSED
7 Beds 7.0/2.0 Baths Year Built 1928
7/8/21
MLS #DCDC516954 8,293 Sq. Ft. ($1,314 / sqft) Days on market: 77
Details Prop Type: Single Family Residence
Full baths: 7.0
Off-market date: 7/9/21
Half baths: 2.0
County: WASHINGTON
Acres: 0.53
Updated: Jul 9, 2021 6:07 AM
Subdivision: MASSACHUSETTS AVENUE HEIGHTS
Lot Size: 22,877
List Price: $11,995,000
Garages: 2
Orig list price: $11,995,000
Style: ["Georgian"]
List date: 4/14/21
Taxes: $47,523
Above Grade Finished Area Source: Estimated
Below Grade Finished Area Units: Square Feet
Fireplaces Total: 4
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Heating Fuel: Natural Gas
Accessibility Features: Other
Cooling: Central A/C
Basement: Fully Finished, Rear Entrance, Walkout Stairs, Walkout Level
Cooling Fuel: Electric
School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Features
Below Grade Finished Area: 3193
Exterior Features: BBQ Grill, Extensive Hardscape, Exterior Lighting, Hot Tub, Underground Lawn Sprinkler
Below Grade Finished Area Source: Estimated
Fireplace Features: Double Sided
Heating: Forced Air Hot Water: Natural Gas
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
Interior Features: 2nd Kitchen, Bar, Breakfast Area, Built-Ins, Butlers Pantry, Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Soaking Tub, Sprinkler System, Upgraded Countertops, Walkin Closet(s), Wainscotting, Wet/Dry Bar, WhirlPool/ HotTub, Wine Storage, Wood Floors
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Laundry Type: Lower Floor, Upper Floor
Special Listing Conditions: Standard
Levels: 4
Security Features: Electric Alarm, Exterior Cameras
Living Area Source: Estimated Lot Features: Private, Rear Yard, Trees/Wooded
Sewer: Public Sewer Soil Types: Urban LandSassafras-Chillum
Lot Size Units: Square Feet
Structure Type: Detached
# Of Attached Garage Spaces: 2
Tax Year: 2020
Property Condition: Excellent
Driveway Spaces: 6
Senior Community Yn: false
Lot Size Source: Assessor
Pets Allowed: No Pet Restrictions
Zoning: RES
Total Garage And Parking Spaces: 8 Water Source: Public Year Built Effective: 2020
Remarks Elegantly set on one of DC's most coveted residential streets, 3120 Woodland Drive, NW has been given a brand new 2020 complete renovation by premier developer, Coba Properties. The project retains the historic 1920s Georgian brick structure's charm while bringing forth the design and amenities sought out by today's twenty-Srst-century buyer with design by award-winning Akseizer Design Group. Home to several esteemed owners over the last century, "The Piano Estate" name gives a nod to the original residents, Jessie & Homer Kitt, founders of the present-day Jordan Kitt's Music Company. Four Snished levels boast 6 bedroom suites, 7 full + two half bathrooms, 4 Sreplaces, Waterworks Snishes, topof-the-line Thermador and Bosch appliances, herringbone white oak hardwood Toors, exquisite moldings, custom-built cabinetry, wine cellar, second catering kitchen, and a beautifully manicured private garden awash in southwestern light. The gracious lot of over a half-acre is primed for entertaining featuring multi-level terraces, outdoor kitchen, 42' x 17' swimming pool and spa, and spacious lawn.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
2850 Woodland Dr Nw
Washington, DC 20008
$13,000,000 CLOSED
7 Beds 7.0/3.0 Baths Year Built 1927
8/23/21
MLS #DCDC2010338 10,300 Sq. Ft. ($1,262 / sqft) Days on market: -1
Details Prop Type: Single Family Residence
Full baths: 7.0
Off-market date: 8/24/21
School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Half baths: 3.0
County: WASHINGTON
Acres: 1.01
Updated: Aug 24, 2021 7:38 AM
Subdivision: MASSACHUSETTS AVENUE HEIGHTS
Lot Size: 43,893
List Price: $14,000,000
Garages: 2
Orig list price: $14,000,000
Style: ["Traditional"]
List date: 8/24/21
Taxes: $89,313
Above Grade Finished Area Source: Estimated
Cooling Fuel: Electric
Lot Size Units: Square Feet
Structure Type: Detached
Heating: Forced Air Heating Fuel: Natural Gas
# Of Attached Garage Spaces: 2
Tax Year: 2020
Above Grade Finished Area Units: Square Feet
Features
Accessibility Features: None Basement: Fully Finished Construction Materials: Stucco Cooling: Central A/C
Hot Water: Natural Gas Levels: 4 Living Area Source: Estimated Lot Size Source: Estimated
Special Listing Conditions: Standard Senior Community Yn: false
Total Garage And Parking Spaces: 2 Water Source: Public Zoning: R-6
Sewer: Public Sewer Soil Types: Urban LandBrandywine
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Remarks Listed and sold by Michael Rankin, TTR Sotheby's International Realty.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
1644 Avon Pl Nw $10,000,000 ACTIVE
MLS #DCDC2013488
Washington, DC 20007
6 Beds 6.0/2.0 Baths Year Built 1948
9/13/21
4,020 Sq. Ft. ($2,488 / sqft) Days on market: 20
Details Prop Type: Single Family Residence
Full baths: 6.0
Garages: 3
Orig list price: $10,000,000
Half baths: 2.0
List date: 9/13/21
Taxes: $30,873
County: WASHINGTON
Acres: 0.36
Subdivision: GEORGETOWN
Lot Size: 15,681
Updated: Sep 13, 2021 8:58 PM List Price: $10,000,000
School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Style: ["Traditional"]
Features Above Grade Finished Area Source: Estimated
Construction Materials: Brick
Lot Features: Additional Lot(s)
Soil Types: Urban LandSassafras-Chillum
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Lot Size Source: Estimated
Structure Type: Detached
Cooling Fuel: Electric
Lot Size Units: Square Feet
Tax Lot: 257
Accessibility Features: None
Fireplaces Total: 1
Tax Year: 2020
Basement: Fully Finished, Garage Access
Foundation Details: Slab
# Of Attached Garage Spaces: 2
Below Grade Finished Area: 1500
Heating Fuel: Natural Gas
Heating: Forced Air
# Of Detached Garage Spaces: 1
Below Grade Finished Area Source: Estimated
Hot Water: Natural Gas
Special Listing Conditions: Standard
Levels: 4
Senior Community Yn: false
Below Grade Finished Area Units: Square Feet
Living Area Source: Estimated
Sewer: Public Sewer
Total Garage And Parking Spaces: 3 Virtual Tour: View Water Source: Public Zoning: R-20
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Remarks This spectacular fully detached brick residence is on an impressive .362 acre lot, ideally located on one of the quietest blocks in Georgetowns desirable East Village. The house is a rarity among Georgetowns primarily rowhouse-lined streets, perfectly situated on a prominent corner lot consisting of three separate parcels. The expansive Tat lots are extremely private, concealed behind mature shrubbery and fencing. The house lives horizontally, providing generously-proportioned formal entertaining rooms, while suitably maintaining comfortable family living spaces. An abundance of natural sunlight illuminates the entire residence from large windows on four sides throughout. The gracious entry foyer provides seamless transition to numerous rooms on the main level. An elegant living room with a wood-burning Sreplace opens to the lovely formal dining room. The well-appointed gourmet kitchen has high-end appliances, a built-in desk, and a large center island with breakfast bar seating. It opens to both the windowed breakfast room and the exceptional family room, which has a built-in media cabinet and four separate windowed French doors to the rear terrace and yard. There is also a light-Slled den and the added convenience of a mudroom with a powder room with two separate pantry closets. The second level is expansive and offers four bedrooms, each with their own private en-suite bathrooms. The remarkable primary suite has a walk-in dressing room and a marble bathroom with dual vanities and a frameless glass shower. All other bedrooms on this Toor are spacious and provide wonderful closet space. The third level loft/bedroom is generous and has a full bathroom and abundant storage. On the lower level of the house, there is a notable media/recreation room with a projector and builtins. There is also a sixth bedroom, sixth full bathroom, laundry room, service bathroom, and excellent storage space, including a concrete enclosed vault storage room and an oversized walk-in closet. This level also provides in-house access to the two car-garage. An additional fully detached one-car garage is also found on the property. The impressive exterior grounds are remarkably unique for a residence in Georgetown. Private Tat lawns on both sides of the property provide immense greenery. The rear terrace, which is partially covered, is accessed via the family room on the main level. Stairs from the hardscape lead to the northern lawn, which is fully surrounded by mature trees and professional landscaping. This expansive pool-sized yard is unparalleled in Georgetown and an additional Tat yard on the southern side of the house completes this spectacular offering.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
1644 Avon Pl Nw
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
$10,000,000 ACTIVE
MLS #DCDC2013488
Washington, DC 20007
9/13/21
6 Beds 6.0/2.0 Baths Year Built 1948
4,020 Sq. Ft. ($2,488 / sqft) Days on market: 20
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
2701 32 Nd St Nw $9,750,000 ACTIVE
MLS #DCDC515108
Washington, DC 20008
5 Beds 5.0/1.0 Baths Year Built 1930
5/17/21
4,443 Sq. Ft. ($2,194 / sqft) Days on market: 156
Details Prop Type: Single Family Residence
Style: ["French"]
Garages: 2
Orig list price: $9,750,000
Full baths: 5.0
List date: 5/17/21
Taxes: $45,318
County: WASHINGTON
Half baths: 1.0
Subdivision: MASSACHUSETTS AVENUE HEIGHTS
Acres: 1.0
Updated: Oct 18, 2021 5:28 PM
Lot Size: 43,421
List Price: $9,750,000
School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Basement: Connecting Stairway, Daylight, Full, Fully Finished, Side Entrance, Walkout Level, Windows
Cooling Fuel: Electric
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Oven/Range Electric, Oven/Range - Gas, Trash Compactor, Washer
Door Features: French
Living Area Source: Assessor
Fireplaces Total: 2
Lot Size Source: Assessor
Below Grade Finished Area: 787
Heating: Steam
Lot Size Units: Square Feet
Heating Fuel: Natural Gas
Below Grade Finished Area Source: Assessor
Hot Water: Natural Gas
# Of Attached Garage Spaces: 2
Below Grade Finished Area Units: Square Feet Construction Materials: Brick, Stone Cooling: Central A/C
Interior Features: 2nd Kitchen, Breakfast Area, Built-Ins, Dining Area, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors Levels: 3
Roof: Slate Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Soil Types: Urban LandBrandywine
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Structure Type: Detached
Tax Year: 2020
Virtual Tour: View
Tax Lot: 852
Total Garage And Parking Spaces: 2
Water Source: Public
Window Features: Casement, Palladian, Skylights, Storm Zoning: R
Remarks An opportunity like nothing else in Washington, now or ever. Towering over prestigious Massachusetts Avenue Heights, the assemblage at 2701 32nd Street NW consists of a stately European-inspired red-brick 1930s residence and two adjacent, buildable lots, together comprising an acre of rare potential in one of the citys most sought-after neighborhoods. The existing residence, with its imposing turret, has the potential to be expanded and become one of DCs Snest single family homes, currently offering Sve full bedrooms over Sve levels of living space and an attached two-car garage. Superb architectural details abound, with original Sreplaces, exposed beam ceilings, numerous terraces, leaded glass windows, and a spectacular turret room where the elegant woodwork harkens back to a time where homes were individually handcrafted with the utmost attention to detail. The real potential lies in opportunity, however, where liberty has been taken to create the most turnkey process for a buyer or developer. A collaboration between renowned BarnesVanze architects and CAS Engineering has resulted in a 2021 analysis report outlining allowable building area, height, set back requirements, zoning restrictions, utilities, stormwater management, and everything in between, providing the buyer with substantial evaluation of the opportunity and assurance of what the current zoning/code will allow for this development. With plans to expand the current home, construct a grand residence on the adjoining lots, or build two additional homes, advanced preparation has been taken to offer Texibility while utilizing every square inch of the priceless land available. 3D models, Toor plans, and color renderings of each proposal are readily available, allowing you to visualize your dreams and meet all construction guidelines. With an acre of prime, quiet, elevated land, and easy access to the best Washington has to offer, 2701 32nd Street NW is not an opportunity to be missed.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
2701 32 Nd St Nw
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
$9,750,000 ACTIVE
MLS #DCDC515108
Washington, DC 20008
5/17/21
5 Beds 5.0/1.0 Baths Year Built 1930
4,443 Sq. Ft. ($2,194 / sqft) Days on market: 156
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
2221 30 Th St Nw $16,500,000 ACTIVE
MLS #DCDC519368
Washington, DC 20008
9 Beds 12.0/3.0 Baths Year Built 2008
5/20/21
14,335 Sq. Ft. ($1,151 / sqft) Days on market: 172
Details Prop Type: Single Family Residence
Style: ["Beaux Arts"]
Garages: 3
Orig list price: $18,500,000
Full baths: 12.0
List date: 5/20/21
Taxes: $52,591
County: WASHINGTON
Half baths: 3.0
Subdivision: MASSACHUSETTS AVENUE HEIGHTS
Acres: 0.38
Updated: Nov 7, 2021 1:08 PM
Lot Size: 16,525
List Price: $16,500,000
School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Appliances: Built-In Microwave, Built-In Range, Commercial Range, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Indoor Grill, Microwave, Oven - Double, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer
Basement: Connecting Stairway, Fully Finished, Heated, Interior Access, Outside Entrance, Walkout Level, Windows
Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: Elevator, Level Entry - Main
Below Grade Finished Area: 415 Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Stone
Cooling: Central A/C, Programmable Thermostat, Zoned Cooling Fuel: Electric Direction Faces: West Elevators Count: 1 Exterior Features: Extensive Hardscape, Exterior Lighting, Underground Lawn Sprinkler Fencing: Fully, Other Fireplaces Total: 4 Heating: Heat Pump(s)
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
Heating Fuel: Natural Gas Available, Electric Hot Water: Natural Gas Interior Features: Additional Stairway, Bar, Built-Ins, Butlers Pantry, Crown Moldings, Double/Dual Staircase, Formal/Separate Dining Room, Kitchen Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Walk-in Closet(s), Wine Storage, Wood Floors, Elevator
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Levels: 4 Living Area Source: Estimated Lot Size Source: Assessor Lot Size Units: Square Feet # Of Attached Garage Spaces: 3 Parking Features: Circular Driveway, Fenced, Private Property Condition: Excellent
Room Type: Living Room, Dining Room, Kitchen, Family Room, Library, Breakfast Room, Great Room, Maid/ Guest Quarters, Other, Storage Room, Utility Room, Media Room, Bonus Room, Conservatory Room, Full Bath Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer
Soil Types: Urban LandSassafras-Chillum Structure Type: Detached Tax Lot: 6 Tax Year: 2020 Total Garage And Parking Spaces: 14 Virtual Tour: View Water Source: Public Zoning: RESIDENTIAL Driveway Spaces: 11
Remarks MagniScent, custom designed Beaux Arts style stone residence with 11.5 foot ceilings and room sizes for large scale entertaining and comfortable living. The private dual auto gated entry into a block landscaped heated motor courtyard lead to a dramatic front entrance and stunning reception foyer and grand sweeping staircase with a rotunda ceiling above. Off the grand foyer are main living rooms, banquet style dining room. library, theatre, informal living/family room, informal dining area and a professional restaurant style kitchen with an additional walk in refrigerator. The main Toor has numerous double glass doors to the multiple outdoor terraces and heated swimming pool. The second Toor with open hallway with 3 sided views of the foyer/reception room has Sve ensuite bath bedrooms and a master suite with sitting room and two ensuite baths, multiple large walk in closets/dressing rms with island (the closets have been opened up and expanded into one bedrooms with ensuite bath & sitting room, but simply closed and made private bedrooms again). The third Toor with two bedrooms, sitting room, kitchen and two baths. The lower level has several rooms, full bath, temperature controlled 500+ bottle wine room, storage/utility and access to a three car garage. There is an elevator right by the garage that accesses all 4 levels. Multiple large terraces around the property and a 14 x 28 heated pool with automatic cover and controls.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
2221 30 Th St Nw
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
$16,500,000 ACTIVE
MLS #DCDC519368
Washington, DC 20008
5/20/21
9 Beds 12.0/3.0 Baths Year Built 2008
14,335 Sq. Ft. ($1,151 / sqft) Days on market: 172
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
2860 Woodland Dr Nw
Washington, DC 20008
$10,995,000 ACTIVE
5 Beds 6.0/2.0 Baths Year Built 1927
2/5/21
MLS #DCDC506380 8,050 Sq. Ft. ($1,366 / sqft) Days on market: 284
Details Prop Type: Single Family Residence
Half baths: 2.0
List Price: $10,995,000
Acres: 0.97
Orig list price: $10,995,000
County: WASHINGTON
Lot Size: 42,110
Taxes: $71,396
Subdivision: MASSACHUSETTS AVENUE HEIGHTS
Garages: 2
Style: ["Manor"]
Updated: Nov 15, 2021 6:58 AM
School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Full baths: 6.0
List date: 2/5/21
Middle: OYSTER-ADAMS BILINGUAL SCHOOL Elementary: OYSTER-ADAMS BILINGUAL SCHOOL
High: WILSON
Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: Elevator
Additional Parcels Description: Property is comprised of 3 lots (2140//0048, 2140//0049, 2140//0050). Total lot size for all 3 lots is 0.97 acres. Survey is inc
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Oven - Wall, Oven/ Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Trash Compactor, Washer
Below Grade Finished Area: 450
Basement: Connecting Stairway, Garage Access
Cooling Fuel: Electric
Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Stone, Other Cooling: Central A/C Door Features: French
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
Elevators Count: 1 Exterior Features: Extensive Hardscape, Other Fireplace Features: Mantel(s) Fireplaces Total: 2 Flooring: Hardwood, Marble, Carpet, Stone Heating: Forced Air, Radiator Heating Fuel: Natural Gas, Electric Hot Water: Natural Gas
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Interior Features: Additional Stairway, Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Curved Staircase, Dining Area, Elevator, Exposed Beams, Floor Plan Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Wine Storage, Wood Floors, Other Laundry Type: Lower Floor, Basement Levels: 4 Living Area Source: Estimated
Lot Size Source: Estimated
Senior Community Yn: false
Lot Size Units: Square Feet
Sewer: Public Sewer
# Of Attached Garage Spaces: 2
Soil Types: Urban Land Not Rated
Other Structures: Cabana/ Pool House
Structure Type: Detached
Parking Features: Circular Driveway
Tax Year: 2020
Patio And Porch Features: Patio(s), Terrace Pets Allowed: Cats OK, Dogs OK Pool Features: In Ground, Other Property Condition: Excellent
Tax Lot: 49 Total Garage And Parking Spaces: 2 Virtual Tour: View, -NWWASHINGTON-DC-20008 Water Source: Public Year Built Effective: 2012 Zoning: N/A
Special Listing Conditions: Standard Security Features: Security System, Intercom, Security Gate
Remarks 2860 Woodland Drive NW is a noble 1927 stone manor that has been expertly renovated and meticulously reSned into an unforgettable residence that dovetails comforting charm and sharp sophistication. The caliber of this home is outstanding and each handpicked detail and Snish is superbly appreciated. The essence of this residence is grounded in its Neo-Tudor details, from the tulip arched doorways to the rich wood paneling. The extensive 2012 renovation delivered a vibrant renewal of the interior spaces while also adding subtle touches of modernity. Architect Ankie Barnes and Interior Designer Susan Beimler perfectly crafted a home that is prepared to welcome generations to come. This estate is comprised of 5 Bedroom Suites, 6 Full Baths, and 2 Half Baths throughout 8,500 Snished SF and is nestled on a combination of 3 lots that total nearly 1 acre. The home is surrounded by extensive hardscaping and landscaped grounds. Layered gardens, a sizable 41x18' Swimming Pool with a Pool House, and a Croquet Court add to the wonder of this incredible property. There is a Gated Entrance that pours into a Circular Driveway and an attached 2-Car Garage. Preserved in its glory and seamlessly updated throughout, the prominent front door opens into a sun-Slled Foyer that spans the width of the home. Serene views of the terrace peek through the back doors into the Foyer. The Living Room commands your attention with its handsome coffered ceiling and custom millwork. Warmed by a lovely Sreplace and with French doors that extend the entertaining area outside, this gathering space is bound to be a household favorite. The formal Dining Room is Tanked by stunning arched double doors. One set of doors welcomes you from the Foyer and the opposing set leads you into the marvelous Kitchen. This Chef's Kitchen has been graciously outStted to perfection. Surrounding the 9' marble topped center island is a beautifully designed space that includes a 6-burner Wolf range, ample pantry space, a dishwasher and dishwasher drawers, double sinks, a full-size refrigerator and refrigerator drawers, and many more enviable features. The Sunroom is a charming retreat that is dressed with stone and Tushed with natural light. With views of the Terrace and Gardens, this room is excellent for any occasion. All of the stone Toors in the home, including the
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Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Sunroom, are heated for added comfort. The private Library has extraordinary character with its wall of built-ins, robust millwork, Fireplace, and Wet Bar. A statement addition to this home is the rear staircase that is reminiscent of a traditional belvedere. Flooded with light, this staircase adds to the beauty and functionality of this residential masterpiece. A private Elevator that gives access all 4 Toors and Powder Room complete this level. The First Upper Level is a graceful collection of private suites. All 5 Bedrooms have access to an adjoining Bath. The Primary Suite showcases abundant closet space, an elegant En-Suite Bath, a Dressing Area, and a Balcony with views of the grounds. The luxurious Primary Bath is comprised of a soaking tub, dual vanity, oversized shower, and a water closet. 2 secondary Bedrooms have private Baths and walk-in closets. The remaining 2 Bedrooms share a "Jack & Jill" style Bath. A large OUce has an immense number of windows to Tood the space with a warm western exposure. There is a second Powder Room on this level. A truly special feature of this residence is the Snished Second Upper Level, an exclusive household space that is accessible by way of a discreet staircase from the bedroom level or the Elevator. On the Second Upper Level there is a generous Recreation Room/Game Room, an Exercise Room, a Sitting Room, OUce, and a Full Bath. The Lower Level has a spacious Laundry Room with built-in wine storage and access to the attached 2-Car Garage. There are additional storage closets and 3 Utility Rooms.
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21
Comparative Market Analysis
2860 Woodland Dr Nw $10,995,000 ACTIVE
2/5/21
3036 Woodland Drive Northwest, Washington, District of Columbia 20008 Washington, DC 20008
5 Beds 6.0/2.0 Baths Year Built 1927
MLS #DCDC506380 8,050 Sq. Ft. ($1,366 / sqft) Days on market: 284
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Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Comparable Property Statistics S
2 Sold Listings LOWEST
$10,900,000
A
AVERAGE
$11,950,000
HIGH
$13,000,000
AVG PRICE / SQFT
AVG DOM
$1,288
77
AVG PRICE / SQFT
AVG DOM
$1,800
158
4 Active Listings LOWEST
$9,750,000
AVERAGE
$11,811,250
HIGH
$16,500,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
Sold Property Analysis Averages
91.9%
Homes sold for an average of 91.9% of their list price.
77
Days on market
It took an average of 77 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
3120 Woodland Dr Nw
$11,995,000
$10,900,000
90.87%
77
$1,314
2850 Woodland Dr Nw
$14,000,000
$13,000,000
92.86%
-
$1,262
$12,997,500
$11,950,000
91.94%
77
$1,288
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
3036 Woodland Drive Northwest, Washington, District of Columbia 20008
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
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