______
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
Jean Hulais DECEMBER 6, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
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 Uelds 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
14409 Jaystone Drive, Silver Spring, Maryland 20905
Map of Comparable Listings
S = CLOSED
STATUS:
MLS #
STATUS
ADDRESS
P = ACTIVE UNDER CONTRACT
P = PENDING
BEDS
BATHS
SQFT
PRICE
14409 Jaystone Dr
-
3.00
3,344
-
1
Subject
2
MDMC764082
S
329 Soapstone Ln
4
3.0/1.0
2,700
$786,500
3
MDMC762246
S
14207 Alderton Rd
4
3.0/1.0
4,104
$790,000
4
MDMC761950
S
14205 Alderton Rd
5
3.0/1.0
4,016
$770,000
5
MDMC2006624
S
14741 Silverstone Dr
4
3.0/1.0
2,783
$815,000
6
MDMC760266
S
14559 Cutstone Way
4
4.0/1.0
3,047
$810,700
7
MDMC2001057
P
26 Atwood Ct
4
3.0/1.0
3,477
$769,900
8
MDMC2020126
P
14717 Silverstone Dr
5
3.0/1.0
2,700
$750,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
329 Soapstone Ln
8/11/21
4
3.0/1.0
2,700
$786,500
$291
14207 Alderton Rd
8/23/21
4
3.0/1.0
4,104
$790,000
$192
14205 Alderton Rd
7/13/21
5
3.0/1.0
4,016
$770,000
$192
14741 Silverstone Dr
9/29/21
4
3.0/1.0
2,783
$815,000
$293
14559 Cutstone Way
6/29/21
4
4.0/1.0
3,047
$810,700
$266
3,330
$794,440
$247
Averages
P
ACTIVE UNDER CONTRACT LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
26 Atwood Ct
12/10/21
4
3.0/1.0
3,477
$769,900
$221
14717 Silverstone Dr
12/10/21
5
3.0/1.0
2,700
$750,000
$278
3,088
$759,950
$250
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
14409 Jaystone Drive, Silver Spring, Maryland 20905
329 Soapstone Ln $786,500 CLOSED
MLS #MDMC764082
Silver Spring, MD 20905
4 Beds 3.0/1.0 Baths Year Built 1988
8/11/21
2,700 Sq. Ft. ($291 / sqft) Days on market: 2
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 7/7/21
Orig list price: $724,000
Half baths: 1.0
Off-market date: 8/13/21
Assoc Fee: $310
County: MONTGOMERY
Acres: 0.39 Lot Size: 16,876
Updated: Aug 13, 2021 10:34 AM
Taxes: $5,847
Subdivision: NAPLES MANOR
Garages: 2
List Price: $724,000
Above Grade Finished Area Source: Assessor
Construction Materials: Brick, Vinyl Siding
Lot Size Source: Assessor
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
# Of Attached Garage Spaces: 2
Senior Community Yn: false
Accessibility Features: None
Fireplaces Total: 1
Structure Type: Detached
Association Fee Frequency: Annually
Heating: Forced Air
Basement: Full, Fully Finished
Hot Water: Natural Gas
Room Type: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Laundry, Recreation Room, Storage Room, Bathroom 1, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom, Half Bath
Style: ["Colonial"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Below Grade Finished Area Source: Assessor
Inclusions: Hot Tub
Below Grade Finished Area Units: Square Feet
Living Area Source: Assessor
Levels: 3
Lot Size Units: Square Feet
Special Listing Conditions: Standard Sewer: Public Sewer Tax Lot: 7 Tax Year: 2020 Total Garage And Parking Spaces: 2 Virtual Tour: View Water Source: Public Zoning: R200
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
Remarks No Description for this property.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
329 Soapstone Ln
14409 Jaystone Drive, Silver Spring, Maryland 20905
$786,500 CLOSED
MLS #MDMC764082
Silver Spring, MD 20905
8/11/21
4 Beds 3.0/1.0 Baths Year Built 1988
2,700 Sq. Ft. ($291 / sqft) Days on market: 2
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
14207 Alderton Rd
Silver Spring, MD 20906
$790,000 CLOSED
4 Beds 3.0/1.0 Baths Year Built 2005
8/23/21
MLS #MDMC762246 4,104 Sq. Ft. ($192 / sqft) Days on market: 8
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 7/9/21
Orig list price: $750,000
Half baths: 1.0
Off-market date: 8/25/21
Taxes: $8,885
County: MONTGOMERY
Acres: 0.46
Subdivision: WHEATON OUT RES. (2)
Lot Size: 20,156
Updated: Oct 1, 2021 8:57 AM
Garages: 2
List Price: $750,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area: 1500
Flooring: Hardwood, Carpet, Vinyl
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Heating: Heat Pump(s)
Accessibility Features: None
Below Grade Finished Area Units: Square Feet
Hot Water: Propane
Style: ["Colonial"]
Features
Appliances: Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Cooktop, Oven Wall Basement: Walkout Level, Rear Entrance, Partial, Interior Access, Heated, Fully Finished
Cooling: Central A/C
Interior Features: Breakfast Area, Built-Ins, Ceiling Fan(s), Carpet, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Soaking Tub, Stall Shower, Walk-in Closet(s), Wood Floors
Cooling Fuel: Electric
Laundry Type: Main Floor
Fireplace Features: Gas/ Propane
Levels: 3
Construction Materials: Other, Brick, Combination
Fireplaces Total: 1
Heating Fuel: Natural Gas
Living Area Source: Assessor
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
Lot Size Source: Assessor
14409 Jaystone Drive, Silver Spring, Maryland 20905
Tax Lot: 20
Water Source: Public
Lot Size Units: Square Feet
Special Listing Conditions: Standard
Tax Year: 2020
Zoning: R200
Main Level Bedrooms: 1
Senior Community Yn: false
# Of Attached Garage Spaces: 2
Sewer: Public Sewer
Total Garage And Parking Spaces: 2
Structure Type: Detached
Virtual Tour: View
Remarks Welcome home! This well-maintained home offers it all! Is it privacy and NO HOA you are seeking? This is your home. Do you need an extra-long driveway for your cars? This home has you covered. Would you like to be in the heart of Layhill in Silver Spring? Another box checked. Not to mention, the home has many upgrades that include light Uxtures, ceiling fans, fresh paint, doorknobs, mirrors, faucets, fresh carpet in upper-level Voors, LPV Vooring in the basement, and a brand new washer and dryer, all done in 2021! The home also features gorgeous cherry hardwood Vooring on the main Voor, granite countertops in the kitchen, a wall oven and a cooktop, a lovely kitchen window above the sink overlooking the peaceful backyard, a kitchen island and oversized pantry, a 2-level foyer, and a 2-level, sun-drenched family room with custom builtins around the gas Ureplace. You get an open concept feel and not to mention so much natural light. Master ensuite on the main level is what we call easy living with 3 additional bedrooms and a full bathroom upstairs, and the basement has the third full bathroom with 2 spacious, updated dens!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
14207 Alderton Rd
14409 Jaystone Drive, Silver Spring, Maryland 20905 Silver Spring, MD 20906
$790,000 CLOSED
8/23/21
4 Beds 3.0/1.0 Baths Year Built 2005
MLS #MDMC762246 4,104 Sq. Ft. ($192 / sqft) Days on market: 8
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
14205 Alderton Rd
Silver Spring, MD 20906
$770,000 CLOSED
5 Beds 3.0/1.0 Baths Year Built 2005
7/13/21
MLS #MDMC761950 4,016 Sq. Ft. ($192 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 6/10/21
Orig list price: $699,000
Half baths: 1.0
Off-market date: 7/13/21
Taxes: $9,054
County: MONTGOMERY
Acres: 0.46
Subdivision: WHEATON OUT RES. (2)
Lot Size: 20,156
Updated: Oct 4, 2021 11:27 AM
Garages: 2
List Price: $699,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Hot Water: Natural Gas
Lot Size Units: Square Feet
Construction Materials: Other
Accessibility Features: None
Cooling: Central A/C, Ceiling Fan(s) Fireplace Features: Insert, Gas/Propane
Interior Features: Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan Traditional, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Soaking Tub, Walk-in Closet(s), Wood Floors
Main Level Bedrooms: 1
Above Grade Finished Area Units: Square Feet
Fireplaces Total: 1
Levels: 3
Sewer: Public Sewer
Heating: Heat Pump(s)
Living Area Source: Assessor
Structure Type: Detached
Style: ["Colonial"]
Features
Basement: Outside Entrance, Partially Finished, Space For Rooms, Daylight, Partial Below Grade Finished Area: 1000 Below Grade Finished Area Source: Assessor
Cooling Fuel: Electric
Heating Fuel: Propane Leased
Lot Size Source: Assessor
# Of Attached Garage Spaces: 2 Pets Allowed: No Pet Restrictions Special Listing Conditions: Standard Senior Community Yn: false
Tax Lot: 19
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
Tax Year: 2020
Virtual Tour: View
Zoning: R200
Total Garage And Parking Spaces: 6
Water Source: Public
Driveway Spaces: 4
Remarks This home has it all! Gorgeous home tucked away in a private neighborhood in Silver Spring. Gleaming hardwood Voors greet you upon entrance to the home. Past the foyer, the main level is spectacular with an open concept Voor plan. Both sitting room and dining room have detailed moldings, natural light and Vow into the oversized open kitchen with island and pantry. Kick back in the casual living space with vaulted ceiling, Voor to ceiling built in shelving and gas Ureplace. Enjoy meals or a peaceful place to relax in the 3 seasons room off the kitchen. For added convenience the primary bedroom and bathroom are located on the main level. The upper level has 3 generously sized bedrooms and full bathroom. The lower level has additional living space, with bedroom/ home oWce space and full bathroom. Bright light Vows through the sliding door to the private, wooded backyard. Conveniently located close to the ICC, Plaza del Mercado, Matthew Henson Trail and more.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
14205 Alderton Rd
14409 Jaystone Drive, Silver Spring, Maryland 20905 Silver Spring, MD 20906
$770,000 CLOSED
7/13/21
5 Beds 3.0/1.0 Baths Year Built 2005
MLS #MDMC761950 4,016 Sq. Ft. ($192 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
14741 Silverstone Dr
Silver Spring, MD 20905
$815,000 CLOSED
4 Beds 3.0/1.0 Baths Year Built 1988
9/29/21
MLS #MDMC2006624 2,783 Sq. Ft. ($293 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.38
Updated: Sep 30, 2021 4:01 AM
County: MONTGOMERY
Lot Size: 16,693
List Price: $769,000
Subdivision: NAPLES MANOR
Garages: 2
Orig list price: $769,000
List date: 8/20/21
Assoc Fee: $350
Off-market date: 9/30/21
Taxes: $6,060
Above Grade Finished Area Source: Assessor
Association Fee Includes: Snow Removal, Trash
Cooling: Central A/C
Hot Water: Natural Gas
Cooling Fuel: Electric
Above Grade Finished Area Units: Square Feet
Basement: Fully Finished
Door Features: French, Six Panel, Sliding Glass, Storm
Interior Features: Kitchen Country, Dining Area, Window Treatments, Primary Bath(s), Wood Floors, Floor Plan Open
Style: ["Colonial"] Full baths: 3.0
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS High: JAMES HUBERT BLAKE Middle: WHITE OAK Elementary: STONEGATE
Features
Accessibility Features: None Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Washer Association Fee Frequency: Annually
Below Grade Finished Area Source: Assessor
Exterior Features: Sidewalks
Below Grade Finished Area Units: Square Feet
Fireplace Features: Fireplace - Glass Doors, Screen
Builder Model: THE HARRINGTON
Fireplaces Total: 1
Builder Name: NV
Heating: Forced Air, Heat Pump(s)
Construction Materials: Combination, Brick
Heating Fuel: Natural Gas
Laundry Type: Main Floor Levels: 3 Living Area Source: Assessor Lot Size Source: Assessor Lot Size Units: Square Feet
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
# Of Attached Garage Spaces: 2 Parking Features: Asphalt Driveway Patio And Porch Features: Deck(s), Enclosed, Porch(es), Screened Roof: Asphalt
14409 Jaystone Drive, Silver Spring, Maryland 20905
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Breakfast Room, Great Room, Laundry, Bathroom 2, Primary Bathroom, Full Bath, Screened Porch
Special Listing Conditions: Standard
Utilities: Under Ground
Senior Community Yn: false
Virtual Tour: View
Sewer: Public Sewer
Water Source: Public
Structure Type: Detached Tax Lot: 11
Window Features: Double Pane, Palladian, Skylights
Tax Year: 2021
Year Built Effective: 2021
Total Garage And Parking Spaces: 6
Zoning: R200
View: Garden/Lawn
Off Street Spaces: 4
Remarks **OFFERS DUE WEDNESDAY, 8/25 AT NOON.***This is Naples Manor at its absolute best! This stunning, all brick Colonial checks every box! 4 Bedroom, 3.5 Bath, updated, and renovated from top to bottom and sited on an exquisite .40-acre, Vat lot with marvelous outdoor space. Main Level Features: Newly renovated entry faade with gorgeous, federal-style pediment; pristine hardwood Voors; light bathed, 2-story entryway with Palladian accent window; custom millwork throughout; open, renovated, Kitchen with granite countertops, large pantry and stainless steel appliances; Breakfast Room adjacent to Kitchen, walks out to a fabulous screened porch; Family Room adjacent to kitchen with wood-burning Fireplace embedded in dramatic brick wall overlooking the Urst of 2 decks; holiday dinner sized Dining Room with chair rail; large formal Living Room with walls of windows; take your breath away Sunroom with 13+ cathedral ceiling, windows on 3 sides and French door to 2 of 2 Decks; discreetly placed Powder Room; perfectly tucked away Laundry Room/Mud Room with direct access to 2 car garage Upper-Level Features: Over the top Owners Suite with beautiful new carpet, walk-in closet and resort-level fully renovated en suite Bath featuring gorgeous, herringbone Carrera marble shower surround to ceiling and glass doors, slipper soaking tub, Carrera marble Voors, and stunning Carrera marble double vanity; 3 more large bedrooms all with fantastic closet space; fully renovated Full Bath #2 with chic, ceramic plank Vooring, wainscotting and farm-style vanity; linen closet Fully Finished Lower-Level Features: Gorgeous, brand new LVT Vooring throughout; fantastic Recreation Room space; Game Room space; Den/OWce area and Exercise area; new Full Bath #3 with whimsical art deco ceramic Vooring, modern white subway tile ceramic walls and glass shower Other Features: Newly repaved driveway; sump pump; Roof 2020; super easy access to 200, 495, and 270
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
14741 Silverstone Dr $815,000 CLOSED
9/29/21
14409 Jaystone Drive, Silver Spring, Maryland 20905 Silver Spring, MD 20905
4 Beds 3.0/1.0 Baths Year Built 1988
MLS #MDMC2006624 2,783 Sq. Ft. ($293 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
14559 Cutstone Way
Silver Spring, MD 20905
$810,700 CLOSED
4 Beds 4.0/1.0 Baths Year Built 1988
6/29/21
MLS #MDMC760266 3,047 Sq. Ft. ($266 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Full baths: 4.0
Off-market date: 6/30/21
Taxes: $6,266
Half baths: 1.0
County: MONTGOMERY
Acres: 0.39
Updated: Oct 1, 2021 5:04 PM
Subdivision: NAPLES MANOR
Lot Size: 16,926
List Price: $700,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Garages: 2
Orig list price: $700,000
Style: ["Colonial", "Traditional"]
List date: 6/4/21
Assoc Fee: $310
Above Grade Finished Area Source: Estimated
Below Grade Finished Area Units: Square Feet
Heating: 90% Forced Air
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick, Vinyl Siding
Hot Water: 60+ Gallon Tank
Accessibility Features: None
Cooling: Central A/C
Association Fee Frequency: Annually
Cooling Fuel: Electric Direction Faces: West
Basement: Other, Combination, Interior Access, Sump Pump, Windows
Living Area Source: Estimated
Fireplace Features: Brick
Lot Size Source: Assessor
Fireplaces Total: 1
Lot Size Units: Square Feet
Below Grade Finished Area Source: Assessor
Flooring: Carpet, Ceramic Tile, Hardwood
# Of Attached Garage Spaces: 2
Features
Furnished: No
Heating Fuel: Natural Gas Laundry Type: Main Floor Levels: 3
Parking Features: Asphalt Driveway Pets Allowed: No Pet Restrictions Roof: Shingle Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 9 Tax Year: 2021
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
Total Garage And Parking Spaces: 6
14409 Jaystone Drive, Silver Spring, Maryland 20905
Water Source: Public
Driveway Spaces: 4
Zoning: R200
Virtual Tour: View
Remarks Welcome home! Located in Naples Manor, this beautiful brick home is ready for you! This Traditional Colonial is inviting and welcoming, with a great vibe! Home offers soaring two story ceilings for the foyer & family rooms, a lovely staircase in the entrance way (that is nice and spacious). Four Bedrooms, 4.5 baths, a comfortable eat in kitchen. Laundry/Mudroom off to the side of the kitchen, with access to the 2-car garage. Main Level offers gleaming hardwood Voors andgorgeous brick Ureplace, A Urst Voor oWce with French doors that makes it easy to work from home. Freshly painted. The yard has greatspace with rolling hills. Close to Stonegate park. This community offers a swim club and basketball courts. Located near ICC, Commuter Stations for ease are not faraway.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
14559 Cutstone Way $810,700 CLOSED
6/29/21
14409 Jaystone Drive, Silver Spring, Maryland 20905 Silver Spring, MD 20905
4 Beds 4.0/1.0 Baths Year Built 1988
MLS #MDMC760266 3,047 Sq. Ft. ($266 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
26 Atwood Ct $769,900 ACTIVE UNDER CONTRACT
MLS #MDMC2001057
Silver Spring, MD 20906
4 Beds 3.0/1.0 Baths Year Built 1991
12/10/21
3,477 Sq. Ft. ($221 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.39
Updated: Nov 2, 2021 3:35 PM
County: MONTGOMERY
Lot Size: 17,202
List Price: $769,900
Subdivision: LAYHILL VIEW
Garages: 2
Orig list price: $769,900
Style: ["Colonial"]
List date: 10/27/21
Assoc Fee: $330
Full baths: 3.0
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Taxes: $7,613
Features Above Grade Finished Area Source: Assessor
Association Fee Frequency: Annually
Below Grade Finished Area Units: Square Feet
Fireplace Features: Wood, Stone, Mantel(s)
Above Grade Finished Area Units: Square Feet
Association Name: LAYHILL VIEW 2 HOA
Construction Materials: Brick Front, Vinyl Siding
Fireplaces Total: 2
Accessibility Features: None
Basement: Full, Connecting Stairway, Daylight, Partial, Outside Entrance, Walkout Level, Windows
Cooling: Central A/C, Ceiling Fan(s)
Appliances: Refrigerator, Water Dispenser, Icemaker, Stainless Steel Appliances, Oven/Range - Electric, Dishwasher, Disposal, Water Heater, Extra Refrigerator/ Freezer, Washer, Dryer
Below Grade Finished Area: 1200 Below Grade Finished Area Source: Assessor
Flooring: Hardwood, Carpet, Ceramic Tile Foundation Details: Slab
Cooling Fuel: Electric
Heating: Forced Air
Door Features: Six Panel
Heating Fuel: Natural Gas
Exterior Features: Gutter System, Sidewalks, Street Lights, Exterior Lighting
Hot Water: Natural Gas, 60+ Gallon Tank
Fencing: Partially
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
Interior Features: Chair Railings, Crown Moldings, Entry Level Bedroom, Formal/Separate Dining Room, Pantry, Wet/Dry Bar, Butlers Pantry, Kitchen Island, Kitchen - Table Space, Upgraded Countertops, Primary Bath(s), Walk-in Closet(s), Wood Floors, Soaking Tub, Stall Shower, Attic, Family Room Off Kitchen, Kitchen - Eat-In, Ceiling Fan(s)
Levels: 3
Laundry Type: Has Laundry, Main Floor
Patio And Porch Features: Deck(s)
Living Area Source: Assessor Lot Features: Corner, Cul-desac, Landscaping, No Thru Street Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 1 # Of Attached Garage Spaces: 2 Other Structures: Gazebo
Property Condition: Very Good
Structure Type: Detached
Room Type: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
Tax Year: 2021
Special Listing Conditions: Standard
Tax Lot: 47 Total Garage And Parking Spaces: 4 Virtual Tour: View Water Source: Public Window Features: Palladian, Bay/Bow Zoning: R200 Driveway Spaces: 2
Senior Community Yn: false Sewer: Public Sewer
Remarks MOVE-IN READY! SPACIOUS ROOMS. Lots of great features and private backyard. New within approx. the last 3 years: roof, gutters & downspouts & gutter guards, and vinyl siding, 2-story entry foyer. Large light-Ulled living room. Formal dining room with crown molding and chair railing. Large tablespace kitchen with marble counters, island, glass mosaic tile backsplash, stainless appliances , soft-close cabinets, and Italian ceramic tile Voor. Adjacent laundry. Large main level family room with stone wood-burning Ureplace. Rough-in for second Ureplace in basement. 74-gallon water heater. Lovely backyard with gazebo and large deck. Great location - quiet street but close to major routes and 3 miles to Metro. Several shopping areas just a short distance away.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
26 Atwood Ct $769,900 ACTIVE UNDER CONTRACT
MLS #MDMC2001057
Silver Spring, MD 20906
4 Beds 3.0/1.0 Baths 12/10/21
Year Built 1991
3,477 Sq. Ft. ($221 / sqft) Days on market: 7
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
23
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
14717 Silverstone Dr
Silver Spring, MD 20905
$750,000 PENDING
5 Beds 3.0/1.0 Baths Year Built 1988
12/10/21
MLS #MDMC2020126 2,700 Sq. Ft. ($278 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.38
Updated: Nov 2, 2021 1:03 PM
County: MONTGOMERY
Lot Size: 16,725
List Price: $750,000
Subdivision: NAPLES MANOR
Garages: 2
Orig list price: $750,000
List date: 10/27/21
Assoc Fee: $310
Off-market date: 11/2/21
Taxes: $6,318
Above Grade Finished Area Source: Estimated
Association Fee Includes: Snow Removal, Trash
Construction Materials: Brick Front, Vinyl Siding
Furnished: No
Above Grade Finished Area Units: Square Feet
Basement: Outside Entrance, Sump Pump, Walkout Stairs, Daylight, Partial
Cooling: Central A/C
Heating Fuel: Natural Gas
Cooling Fuel: Electric
Hot Water: Natural Gas
Door Features: Sliding Glass
Interior Features: Kitchen Gourmet, Kitchen - Island, Kitchen - Table Space, Breakfast Area, Crown Moldings, Primary Bath(s), Wood Floors, WhirlPool/ HotTub, Upgraded Countertops, Skylight(s)
Style: ["Colonial"] Full baths: 3.0
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS High: JAMES HUBERT BLAKE Middle: WHITE OAK Elementary: STONEGATE
Features
Accessibility Features: Other Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range Gas, Refrigerator, Stove, Washer Association Fee Frequency: Annually
Below Grade Finished Area: 900
Fencing: Rear
Below Grade Finished Area Source: Estimated
Fireplace Features: Wood
Below Grade Finished Area Units: Square Feet
Flooring: Engineered Wood, Carpet, Hardwood
Builder Model: Gorgeous!
Foundation Details: Slab
Fireplaces Total: 1
Heating: Forced Air
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
Laundry Type: Basement Levels: 3 Living Area Source: Estimated Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 1 # Of Attached Garage Spaces: 2 Patio And Porch Features: Patio(s), Deck(s)
14409 Jaystone Drive, Silver Spring, Maryland 20905
Property Condition: Very Good
Special Listing Conditions: Standard
Water Source: Public
Roof: Asphalt
Senior Community Yn: false
Window Features: Double Pane, Palladian
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Study, Laundry, Recreation Room, Utility Room, Bathroom 2, Bonus Room, Primary Bathroom, Half Bath
Sewer: Public Sewer
Zoning: R200
Structure Type: Detached Tax Lot: 5 Tax Year: 2021 Total Garage And Parking Spaces: 2 View: Garden/Lawn Virtual Tour: View
Remarks Total Supermodel of a house! Absolutely stunning Naples Manor colonial that literally checks every box! Easy breezy Voorplan, every light bathed corner (all new windows 2019!) of this beauty makes gorgeous and functional sense! Main Level Features Beautiful hardwood Voors; formal entry foyer with a view straight through to gorgeous lot; dramatic Great Room with a gorgeous Ureplace, ceiling fan and sliding doors to deck; large, eat-in Kitchen with granite countertops, stainless steel appliances, and pantry; holiday dinner sized Dining Room with crown molding, chair rail and oversized windows; Bedroom #5/ OWce with windows on 3 sides, Palladian accent window, high ceiling, custom window treatments, sliding doors to Patio and French doors; molding; graciously proportioned and light Ulled Living Room; 2-car garage; discreetly placed Powder Room; Coat Closet; covered Entryway Upper-Level Features Stunning Owners Suite with walk-in closet, separate jacuzzi tub with Palladian window, separate shower, with granite dual vanity; Bedroom #2 with large closet; Bedroom #3 with large closet; Bedroom #4 with large closet; Full Bath #2 with double vanity and skylight Finished Lower-Level Features: Family Room; Recreation Room; Full Bath #3; Den with large closet; Laundry Room; walk-up to patio
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
14717 Silverstone Dr $750,000 PENDING
12/10/21
14409 Jaystone Drive, Silver Spring, Maryland 20905 Silver Spring, MD 20905
5 Beds 3.0/1.0 Baths Year Built 1988
MLS #MDMC2020126 2,700 Sq. Ft. ($278 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26
Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
Comparable Property Statistics S
5 Sold Listings LOWEST
$770,000
P
AVERAGE
$794,440
HIGH
$815,000
AVG PRICE / SQFT
AVG DOM
$247
5
AVG PRICE / SQFT
AVG DOM
$250
6
2 Active Under Contract Listings LOWEST
$750,000
AVERAGE
$759,950
HIGH
$769,900
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
28
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
Sold Property Analysis Averages
109.1%
Homes sold for an average of 109.1% of their list price.
5
Days on market
It took an average of 5 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
329 Soapstone Ln
$724,000
$786,500
108.63%
2
$291
14207 Alderton Rd
$750,000
$790,000
105.33%
8
$192
14205 Alderton Rd
$699,000
$770,000
110.16%
5
$192
14741 Silverstone Dr
$769,000
$815,000
105.98%
6
$293
14559 Cutstone Way
$700,000
$810,700
115.81%
6
$266
$728,400
$794,440
109.07%
5
$247
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
29
Comparative Market Analysis
14409 Jaystone Drive, Silver Spring, Maryland 20905
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 Unished with hardwood Voors 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 Vowers 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
30