______
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Ochoas DECEMBER 2, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
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 Telds 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
4623 Wissahican Avenue, Rockville, Maryland 20853
Map of Comparable Listings
STATUS:
MLS #
STATUS
S = CLOSED
ADDRESS
P = ACTIVE UNDER CONTRACT
P = PENDING
H = HOLD
A = ACTIVE
BEDS
BATHS
SQFT
PRICE
4623 Wissahican Ave
5
3.00
1,644
-
1
Subject
2
MDMC2014722
S
4600 Wissahican Ave
4
2.0/0
1,066
$505,500
3
MDMC2016506
S
4605 Tallahassee Ave
3
2.0/0
1,926
$535,000
4
MDMC757432
S
4703 Tallahassee Ave
4
2.0/0
1,056
$512,000
5
MDMC2012954
S
13009 Saint Charles Pl
3
2.0/0
1,056
$465,000
6
MDMC2014254
P
4709 Arbutus Ave
4
3.0/0
1,316
$519,900
7
MDMC2019552
P
4710 Falcon St
3
3.0/0
1,440
$500,000
8
MDMC2014874
H
4711 Bartram St
4
2.0/0
1,056
$517,000
9
MDMC2024520
A
4700 Tallahassee Ave
4
2.0/0
1,056
$459,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
4600 Wissahican Ave
10/29/21
4
2.0/0
1,066
$505,500
$474
4605 Tallahassee Ave
11/8/21
3
2.0/0
1,926
$535,000
$278
4703 Tallahassee Ave
6/3/21
4
2.0/0
1,056
$512,000
$485
13009 Saint Charles Pl
9/28/21
3
2.0/0
1,056
$465,000
$440
1,276
$504,375
$419
Averages
P
ACTIVE UNDER CONTRACT LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
4709 Arbutus Ave
12/15/21
4
3.0/0
1,316
$519,900
$395
4710 Falcon St
12/16/21
3
3.0/0
1,440
$500,000
$347
1,378
$509,950
$371
Averages
H
HOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
4
2.0/0
1,056
$517,000
$490
1,056
$517,000
$490
4711 Bartram St
Averages
A
ACTIVE LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
4
2.0/0
1,056
$459,000
$435
1,056
$459,000
$435
4700 Tallahassee Ave
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
4623 Wissahican Avenue, Rockville, Maryland 20853
4600 Wissahican Ave
Rockville, MD 20853
$505,500 CLOSED
4 Beds 2.0/0 Baths Year Built 1957
10/29/21
MLS #MDMC2014722 1,066 Sq. Ft. ($474 / sqft) Days on market: 12
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 10/29/21
Taxes: $5,045
Acres: 0.2
County: MONTGOMERY
Lot Size: 8,705
Updated: Nov 9, 2021 12:43 PM
Subdivision: ASPEN HILL PARK
Garages: 1
List Price: $499,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 9/23/21
Orig list price: $499,000
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Flooring: Hardwood, Ceramic Tile, Concrete
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Foundation Details: Block, Crawl Space, Slab
Accessibility Features: None
Construction Materials: Asphalt, Block, Blown-In Insulation, Brick, Brick Front, Brick Veneer, Concrete, Copper Plumbing, CPVC/ PVC, Vinyl Siding
Heating: Forced Air
Style: ["Split Level"]
Features
Basement: Connecting Stairway, Daylight, Full, Full, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Walkout Level, Windows Below Grade Finished Area: 250
Cooling: Central A/C Cooling Fuel: Electric
Heating Fuel: Natural Gas Hot Water: Natural Gas Interior Features: Attic, Breakfast Area, Combination Dining/Living, Dining Area, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Table Space, Kitchen - Eat-In
Levels: 3 Living Area Source: Assessor Lot Features: Backs - Open Common Area, Cleared, Corner, Front Yard, Landscaping, Level, Open, Premium, Private, Rear Yard Lot Size Source: Assessor Lot Size Units: Square Feet # Of Detached Garage Spaces: 1
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Patio And Porch Features: Deck(s), Patio(s)
Senior Community Yn: false
Property Condition: Excellent, Very Good
Structure Type: Detached
Roof: Asphalt Special Listing Conditions: Standard
Sewer: Public Sewer Tax Lot: 1 Tax Year: 2021
Total Garage And Parking Spaces: 1
Zoning: R60
View: Garden/Lawn, Park/ Greenbelt Water Source: Public Window Features: Double Pane, Energy EVcient
Remarks EXCEPTIONAL new listing in sought after Aspen Hill Park!! This attractive split level home features a spacious main level that includes living room with vaulted ceiling, dining room, and a beautifully updated kitchen! A large upper level holds three sizable bedrooms and an updated full bathroom! Finished lower level includes large guest room or family room, full bathroom, storage room, utility room , and crawl space that is perfect for storage needs! PREMIUM LOT backing to Wheaton Woods Park! OASIS LIKE backyard! Private and well-landscaped yard includes privacy fence, spacious deck and patio, relaxing pergola swing set, and massive, detached, one car garage! Gardeners dream yard! Owners have invested time and energy into cultivating lush Uower beds and vegetable garden! RECENT UPDATES include double paned windows, insulation in attic, hot water heater, window treatments, and more! Just steps to open Telds, children's playground and tennis courts! GREAT Rockville location! Just seconds to Wheaton Woods Elementary School and just minutes to area shopping and Red Line Metro!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
4600 Wissahican Ave $505,500 CLOSED
10/29/21
4623 Wissahican Avenue, Rockville, Maryland 20853 Rockville, MD 20853
4 Beds 2.0/0 Baths Year Built 1957
MLS #MDMC2014722 1,066 Sq. Ft. ($474 / sqft) Days on market: 12
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
4605 Tallahassee Ave
Rockville, MD 20853
$535,000 CLOSED
3 Beds 2.0/0 Baths Year Built 1957
11/8/21
MLS #MDMC2016506 1,926 Sq. Ft. ($278 / sqft) Days on market: 17
Details Prop Type: Single Family Residence
Acres: 0.25
List Price: $535,000
Middle: EARLE B. WOOD
Lot Size: 10,787
Orig list price: $550,000
County: MONTGOMERY
List date: 9/17/21
Taxes: $4,750
Elementary: ROCK CREEK VALLEY
Subdivision: ASPEN HILL PARK
Off-market date: 11/9/21
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Style: ["Split Level"]
Updated: Nov 9, 2021 10:28 AM
Full baths: 2.0
High: ROCKVILLE
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Wall, Washer, Water Heater
Basement: Connecting Stairway, Fully Finished, Windows
Fireplace Features: Gas/ Propane, Fireplace - Glass Doors
Below Grade Finished Area Source: Assessor
Fireplaces Total: 1
Below Grade Finished Area Units: Square Feet
Foundation Details: Block
Construction Materials: Combination, Brick
Heating: Forced Air
Living Area Source: Assessor
Heating Fuel: Natural Gas
Lot Size Source: Assessor
Hot Water: 60+ Gallon Tank
Lot Size Units: Square Feet
Cooling: Central A/C Cooling Fuel: Electric
Flooring: Wood
Interior Features: Kitchen Table Space, Dining Area, Breakfast Area, Crown Moldings, Window Treatments, Wood Floors Levels: 4
Pets Allowed: No Pet Restrictions
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
Property Condition: Excellent Room Type: Dining Room, Kitchen, Family Room, Recreation Room, Additional Bedroom
4623 Wissahican Avenue, Rockville, Maryland 20853
Special Listing Conditions: Standard
Tax Lot: 3
Senior Community Yn: false
Virtual Tour: View
Sewer: Public Sewer
Water Source: Public
Structure Type: Detached
Zoning: R60
Tax Year: 2021
Remarks Fantastic value and opportunity to own this updated and expanded split level in convenient Aspen Hill Park! Features a very private setting with a spacious fenced backyard with lots of space to entertain. The home has an amazing family room with gas Treplace and high ceilings, large updated kitchen with breakfast room that is open to family room. Separate dining room and formal living room. Updated contemporary Uooring and Txtures. A large master bedroom with lots of closet space. This is a three bedroom (easily converted back to four bedrooms). Modern bathrooms and a nice lower level recreation room. Off Street Parking! Close to Metro, Pike and Rose, Shopping, Commuter Routes, Parks and Recreation. This is a true charmer with lots of style and space. Move in READY! Don't miss it.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
4605 Tallahassee Ave $535,000 CLOSED
11/8/21
4623 Wissahican Avenue, Rockville, Maryland 20853 Rockville, MD 20853
3 Beds 2.0/0 Baths Year Built 1957
MLS #MDMC2016506 1,926 Sq. Ft. ($278 / sqft) Days on market: 17
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
4703 Tallahassee Ave
Rockville, MD 20853
$512,000 CLOSED
4 Beds 2.0/0 Baths Year Built 1959
6/3/21
MLS #MDMC757432 1,056 Sq. Ft. ($485 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Acres: 0.16
List Price: $485,000
Middle: EARLE B. WOOD
Lot Size: 6,952
Orig list price: $485,000
County: MONTGOMERY
List date: 5/7/21
Taxes: $3,742
Elementary: ROCK CREEK VALLEY
Subdivision: ASPEN HILL PARK
Off-market date: 6/3/21
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Style: ["Cape Cod"]
Updated: Oct 2, 2021 8:00 AM
Full baths: 2.0
High: ROCKVILLE
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Above Grade Finished Area Units: Square Feet
Construction Materials: Other
Accessibility Features: Ramp - Main Level
Cooling: Central A/C
Basement: Interior Access, Fully Finished
Flooring: Hardwood, Laminated
Lot Size Source: Assessor
Special Listing Conditions: Standard
Below Grade Finished Area: 120
Lot Size Units: Square Feet
Senior Community Yn: false
Furnished: No
Main Level Bedrooms: 3
Sewer: Public Sewer
Below Grade Finished Area Source: Assessor
Heating: Forced Air
Other Structures: Shed
Structure Type: Detached
Heating Fuel: Natural Gas
Roof: Shingle
Tax Lot: 24
Cooling Fuel: Electric
Hot Water: Natural Gas Laundry Type: Washer In Unit, Dryer In Unit Levels: 1 Living Area Source: Assessor
Room Type: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Laundry, Utility Room, Bathroom 1, Bathroom 2
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
Tax Year: 2020
4623 Wissahican Avenue, Rockville, Maryland 20853
Water Source: Public
Zoning: R60
Remarks ***Offer deadline Thursday 5/13 by 1:00 PM. Experience ahidden gem, nestled in highlySOUGHT AFTER Aspen hill Park! This beautiful home boasts 4 Bed/ 2 Bath-NOHOA. Special features include: Fresh paint, hardwood Uoors, updated bathroom (2019), abundance of parking on driveway (reTnished in 2018) and street, lots of natural light, gutters (2018), hot water heater (2018), whole house water Tlter (2018), covered side deck with ramp (2019), shed on concrete foundation (2019), NEW dryer, stainless steel appliances, dishwasher, quartz counter top, cabinets, HVAC (2019) Uooring and mature landscaping! This location is truly INCREDIBLE: minutes to Aspen hill shopping center, restaurants parks, ICC, 270, Metro, Bethesda, and downtown Silver Spring! Commutableto Washington D.C. and VA. Don't miss out. Schedule your tour today!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
4703 Tallahassee Ave $512,000 CLOSED
6/3/21
4623 Wissahican Avenue, Rockville, Maryland 20853 Rockville, MD 20853
4 Beds 2.0/0 Baths Year Built 1959
MLS #MDMC757432 1,056 Sq. Ft. ($485 / sqft) Days on market: 7
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
13009 Saint Charles Pl
Rockville, MD 20853
$465,000 CLOSED
3 Beds 2.0/0 Baths Year Built 1959
9/28/21
MLS #MDMC2012954 1,056 Sq. Ft. ($440 / sqft) Days on market: 2
Details Prop Type: Single Family Residence
Acres: 0.19
List Price: $450,000
Middle: EARLE B. WOOD
Lot Size: 8,131
Orig list price: $450,000
County: MONTGOMERY
List date: 9/2/21
Taxes: $3,944
Elementary: ROCK CREEK VALLEY
Subdivision: ASPEN HILL PARK
Off-market date: 9/28/21
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Style: ["Ranch/Rambler"]
Updated: Sep 28, 2021 11:18 AM
Full baths: 2.0
High: ROCKVILLE
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Energy EVcient Appliances, Icemaker, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Basement: Connecting Stairway, Daylight, Partial, Full, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Side Entrance, Walkout Level
Construction Materials: Asbestos, Vinyl Siding
Below Grade Finished Area: 600
Cooling Fuel: Electric
Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet
Cooling: Ceiling Fan(s), Central A/C, Programmable Thermostat, Whole House Fan Door Features: Sliding Glass, Storm Exterior Features: Exterior Lighting, Flood Lights, Sidewalks, Street Lights
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Fencing: Chain Link, Rear
Laundry Type: Basement
Flooring: Carpet, Ceramic Tile, Hardwood, Laminated
Levels: 2
Foundation Details: Other
Living Area Source: Assessor
Heating: Forced Air, Programmable Thermostat
Lot Features: Cul-de-sac
Heating Fuel: Natural Gas
Lot Size Units: Square Feet
Hot Water: Natural Gas
Main Level Bedrooms: 3
Interior Features: Attic, Attic/ House Fan, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Floor Plan Traditional, Recessed Lighting, Upgraded Countertops, Wood Floors
Parking Features: Concrete Driveway
Lot Size Source: Assessor
Patio And Porch Features: Deck(s), Patio(s) Roof: Other
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Mud Room, Utility Room
Tax Year: 2021
Special Listing Conditions: Standard
Water Source: Public
Security Features: Carbon Monoxide Detector(s), Smoke Detector Senior Community Yn: false
Total Garage And Parking Spaces: 1 View: Garden/Lawn Virtual Tour: View Window Features: Double Pane, Replacement, Screens, Vinyl Clad Zoning: R60 Driveway Spaces: 1
Sewer: Public Sewer Structure Type: Detached Tax Lot: 10
Remarks Easy elegance and classic comfort abound in this sun-Tlled rancher in sought-after Aspen Hill Park with new solid core interior doors, many upgrades, Thermopane windows, off street parking, and a quiet cul-de-sac location. This home features fresh interiors, attractive hardwoods, a living room with a bright picture window and cooling ceiling fan, a dining room enhanced with a lighted fan, a built-in, and a slider to the reinforced deck with composite boards and vinyl rails. A cook's haven kitchen is ready for all of your culinary needs showcasing modern clean lines, wide plank ceramic Uooring, 42" Shaker style cabinetry, granite counters, complementing subway tile backsplash, recessed lighting, stainless steel appliances, and a door opening to the side porch and yard. New carpeting covers the stairs leading to the lower level boasting an added air return, new exterior door, easy to maintain laminate Uooring, dedicated storage, a full bath, a laundry room, and a walkout to the backyard. Close to Rock Creek Trail and minutes from shopping, dining, the ICC, and other easy access commuter routes!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
13009 Saint Charles Pl $465,000 CLOSED
9/28/21
4623 Wissahican Avenue, Rockville, Maryland 20853 Rockville, MD 20853
3 Beds 2.0/0 Baths Year Built 1959
MLS #MDMC2012954 1,056 Sq. Ft. ($440 / sqft) Days on market: 2
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
4709 Arbutus Ave $519,900 ACTIVE UNDER CONTRACT
MLS #MDMC2014254
Rockville, MD 20853
4 Beds 3.0/0 Baths Year Built 1958
12/15/21
1,316 Sq. Ft. ($395 / sqft) Days on market: 40
Details Prop Type: Single Family Residence
Acres: 0.16
Orig list price: $539,900
Lot Size: 7,150
Taxes: $3,828
County: MONTGOMERY
List date: 9/16/21
Subdivision: ASPEN HILL PARK
Updated: Dec 1, 2021 6:37 AM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Style: ["Split Foyer"]
List Price: $519,900
High: ROCKVILLE
Full baths: 3.0
Elementary: ROCK CREEK VALLEY
Middle: EARLE B. WOOD
Features Above Grade Finished Area Source: Estimated
Below Grade Finished Area Units: Square Feet
Special Listing Conditions: Standard
Cooling: Central A/C
Interior Features: Combination Dining/Living, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Recessed Lighting, Stall Shower, Tub Shower
Above Grade Finished Area Units: Square Feet
Construction Materials: Concrete, Vinyl Siding
Accessibility Features: Other Basement: Daylight, Partial, Fully Finished, Walkout Stairs
Cooling Fuel: Electric
Levels: 2
Tax Lot: 5
Fireplaces Total: 1
Below Grade Finished Area: 635
Living Area Source: Estimated
Tax Year: 2016
Foundation Details: Other
Below Grade Finished Area Source: Estimated
Heating: Forced Air
Lot Size Source: Estimated
Water Source: Public
Heating Fuel: Natural Gas
Lot Size Units: Square Feet
Zoning: R60
Hot Water: Natural Gas
Main Level Bedrooms: 3
Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached
Virtual Tour: View
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Remarks $20k price reduction for quick sale! Check this one out folks! Updated 4br/3ba split foyer with over 2100 sq ft of living space! Open the door to your new home and walk on gleaming hardwood Uoors and arrive at a spacious open Uoor plan on the main level. Kitchen and all bathrooms renovated in 2016. Cozy extension w/wood burning Treplace leads to an oversized deck overlooking large level backyard completely fenced in 2017. Ceiling fans in 3 bedrooms. Beautiful Uooring in the fully Tnished basement w/private bedroom, bath, separate outside entrance. Turn it into a Ttness room, rec room, inlaw suite, guest room, or even rental income! New roof/furnace/hot water heater - 2019. New concrete 3 car driveway in 2019. Plenty of storage space. Located on quiet street with lovely neighbors. Close proximity to local parks, schools, shopping centers, and so many restaurants, Easy access to public transportation (bus and metro stations) and major highways. Selling as-is. Catch this one before it's gone!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
4709 Arbutus Ave $519,900 ACTIVE UNDER CONTRACT
MLS #MDMC2014254
Rockville, MD 20853
4 Beds 3.0/0 Baths 12/15/21
Year Built 1958
1,316 Sq. Ft. ($395 / sqft) Days on market: 40
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
4710 Falcon St $500,000 PENDING
MLS #MDMC2019552
Rockville, MD 20853
3 Beds 3.0/0 Baths Year Built 1958
12/16/21
1,440 Sq. Ft. ($347 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Acres: 0.22
List Price: $500,000
High: WHEATON
Lot Size: 9,581
Orig list price: $500,000
Middle: PARKLAND
County: MONTGOMERY
List date: 11/18/21
Taxes: $4,144
Subdivision: ROYAL VIEW
Off-market date: 11/23/21
Style: ["Split Level"]
Updated: Nov 23, 2021 12:48 PM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary: WHEATON WOODS
Full baths: 3.0
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Accessibility Features: Doors - Swing In
Levels: 3 Living Area Source: Assessor
Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer
Cooling: Central A/C
Lot Features: Landscaping, Premium
Cooling Fuel: Electric
Lot Size Source: Assessor
Basement: Fully Finished, Outside Entrance
Tax Lot: 8
Fireplaces Total: 1
Lot Size Units: Square Feet
Tax Year: 2020
Below Grade Finished Area: 300
Flooring: Carpet, Wood Foundation Details: Other
Pets Allowed: Cats OK, Dogs OK
Total Garage And Parking Spaces: 2
Heating: Forced Air
Property Condition: Good
Virtual Tour: View
Heating Fuel: Natural Gas
Roof: Composite
Water Source: Public
Below Grade Finished Area Source: Assessor
Hot Water: Natural Gas
Structure Type: Detached
Zoning: R60
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Driveway Spaces: 2
Remarks Move right into this incredible home. So much to be excited about to include brand new reTnished hard wood Uoors and plush carpeting. Additionally, there is an enormous Great Room addition with Treplace and recessed lighting to the rear of the home. The kitchen was completely remodeled in the last 2 years with new cabinetry, granite counter tops and stainless steel appliances. Awesome rear yard with relaxing deck and 3 separate sheds two of the sheds have electricity. **Contract deadline- Monday, 11/22 at midnight** Must have strong mortgage pre-approval letter with contracts along with a completed GCAAR Financial Information Sheet** Contact agent or co-listing agent with any questions.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
4710 Falcon St
4623 Wissahican Avenue, Rockville, Maryland 20853
$500,000 PENDING
MLS #MDMC2019552
Rockville, MD 20853
12/16/21
3 Beds 3.0/0 Baths Year Built 1958
1,440 Sq. Ft. ($347 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
23
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
4711 Bartram St $517,000 HOLD
MLS #MDMC2014874
Rockville, MD 20853
4 Beds 2.0/0 Baths Year Built 1959
9/9/21
1,056 Sq. Ft. ($490 / sqft) Days on market: 51
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.16
Updated: Nov 2, 2021 12:18 PM
County: MONTGOMERY
Lot Size: 7,150
List Price: $517,000
Subdivision: ASPEN HILL PARK
List date: 9/9/21
Orig list price: $525,000
Off-market date: 11/2/21
Taxes: $4,341
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Levels: 1.5
Structure Type: Detached
Construction Materials: Other
Living Area Source: Assessor
Tax Lot: 6
Above Grade Finished Area Units: Square Feet
Lot Size Source: Assessor
Accessibility Features: None
Cooling: Central A/C
Water Source: Public
Lot Size Units: Square Feet
Basement: Fully Finished
Cooling Fuel: Natural Gas
Zoning: R60
Main Level Bedrooms: 3
Below Grade Finished Area: 450
Foundation Details: Other Heating: Forced Air
Special Listing Conditions: Standard
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Senior Community Yn: false
Hot Water: Other
Sewer: Public Sewer
Style: ["Other"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Tax Year: 2021
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Remarks Very well cared for 4 bedroom 2 bath home with fully Tnished basement. Private fully fenced backyard with large shed and beautiful landscaping that offers Uowers all year round. Hardwood Uoors on main level. Kitchen remodeled 4 years ago, Newer appliances and countertops. Sunroom and roof both completed in 2017. Downstairs bathroom remodeled in 2018. Easy commute to schools and shopping. ROOF 4 YEARS OLD.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
4711 Bartram St
4623 Wissahican Avenue, Rockville, Maryland 20853
$517,000 HOLD
MLS #MDMC2014874
Rockville, MD 20853
4 Beds 2.0/0 Baths Year Built 1959
9/9/21
1,056 Sq. Ft. ($490 / sqft) Days on market: 51
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
4700 Tallahassee Ave
Rockville, MD 20853
$459,000 ACTIVE
4 Beds 2.0/0 Baths Year Built 1959
12/2/21
MLS #MDMC2024520 1,056 Sq. Ft. ($435 / sqft) Days on market: 1
Details Prop Type: Single Family Residence
Style: ["Ranch/Rambler"]
List date: 12/2/21
Orig list price: $459,000
Full baths: 2.0 Acres: 0.16
Updated: Dec 2, 2021 6:36 AM
Taxes: $4,304
County: MONTGOMERY
Lot Size: 7,150
List Price: $459,000
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Interior Features: Wood Floors, Ceiling Fan(s), Carpet
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Laundry Type: Lower Floor
Tax Lot: 40
Levels: 2
Accessibility Features: None
Construction Materials: Frame
Tax Year: 2021
Living Area Source: Assessor
Virtual Tour: View
Cooling: Central A/C
Lot Size Source: Assessor
Cooling Fuel: Electric
Lot Size Units: Square Feet
Foundation Details: Other
Main Level Bedrooms: 3
Heating: Forced Air Heating Fuel: Natural Gas
Special Listing Conditions: Standard
Hot Water: Natural Gas
Senior Community Yn: false
Subdivision: ASPEN HILL PARK
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Appliances: Refrigerator, Icemaker, Built-In Microwave, Stove, Stainless Steel Appliances, Washer, Dryer Basement: Fully Finished Below Grade Finished Area: 700
Structure Type: Detached
Water Source: Public Zoning: R60
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
27
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Remarks Easy living and classic comfort abound in this sun-Tlled rancher in sought-after Aspen Hill Park in a quiet location. This home features fresh interiors, attractive hardwoods, living room with a bright picture window, a separate dining room, and open kitchen. Conveniently a door opening from the kitchen leads to small landing and yard. The lower level boasts large recreation room, additional full bath and bedroom. Close to Rock Creek Trail and minutes from shopping, dining, the ICC, and other easy-access commuter routes!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
28
Comparative Market Analysis
4700 Tallahassee Ave $459,000 ACTIVE
12/2/21
4623 Wissahican Avenue, Rockville, Maryland 20853 Rockville, MD 20853
4 Beds 2.0/0 Baths Year Built 1959
MLS #MDMC2024520 1,056 Sq. Ft. ($435 / sqft) Days on market: 1
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Comparable Property Statistics S
4 Sold Listings LOWEST
$465,000
P
$500,000
$535,000
AVG PRICE / SQFT
AVG DOM
$419
9
AVERAGE
$509,950
HIGH
AVG PRICE / SQFT
AVG DOM
$519,900
$371
23
AVG PRICE / SQFT
AVG DOM
$490
51
AVG PRICE / SQFT
AVG DOM
$435
1
1 Hold Listings LOWEST
$517,000
A
$504,375
HIGH
2 Active Under Contract Listings LOWEST
H
AVERAGE
AVERAGE
$517,000
HIGH
$517,000
1 Active Listings LOWEST
$459,000
AVERAGE
$459,000
HIGH
$459,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
31
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
Sold Property Analysis Averages
102.5%
Homes sold for an average of 102.5% 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
4600 Wissahican Ave
$499,000
$505,500
101.30%
12
$474
4605 Tallahassee Ave
$550,000
$535,000
97.27%
17
$278
4703 Tallahassee Ave
$485,000
$512,000
105.57%
7
$485
13009 Saint Charles Pl
$450,000
$465,000
103.33%
2
$440
$496,000
$504,375
101.69%
9
$419
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
32
Comparative Market Analysis
4623 Wissahican Avenue, Rockville, Maryland 20853
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 Tnished with hardwood Uoors 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 Uowers 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
33