______
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
Juan Martinez FEBRUARY 24, 2022
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
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 Velds 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
8903 24th Avenue, Adelphi, Maryland 20783
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
BEDS
BATHS
SQFT
PRICE
8903 24th Ave
6
2.00
1,375
-
1
Subject
2
MDPG2003914
S
8706 23 Rd Ave
3
2.0/0
1,743
$425,000
3
MDPG2007932
S
8410 Adelphi
3
2.0/0
1,356
$419,000
4
MDPG2019188
S
2011 Pelden Rd
3
2.0/1.0
1,842
$454,000
5
MDPG2024956
S
1922 Ruatan St
3
1.0/2.0
1,195
$420,000
6
MDPG2013412
S
2309 Apache St
4
3.0/0
1,550
$445,000
7
MDPG2008224
S
2109 Rolander St
8
3.0/0
1,282
$440,000
8
MDPG2011010
S
8500 Laverne Dr
4
3.0/0
1,680
$450,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
8706 23 Rd Ave
8/10/21
3
2.0/0
1,743
$425,000
$244
8410 Adelphi
10/7/21
3
2.0/0
1,356
$419,000
$309
2011 Pelden Rd
1/3/22
3
2.0/1.0
1,842
$454,000
$246
1922 Ruatan St
1/28/22
3
1.0/2.0
1,195
$420,000
$351
2309 Apache St
10/28/21
4
3.0/0
1,550
$445,000
$287
2109 Rolander St
11/19/21
8
3.0/0
1,282
$440,000
$343
8500 Laverne Dr
10/15/21
4
3.0/0
1,680
$450,000
$268
1,521
$436,142
$293
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
8903 24th Avenue, Adelphi, Maryland 20783
8706 23 Rd Ave $425,000 CLOSED
MLS #MDPG2003914
Hyattsville, MD 20783
3 Beds 2.0/0 Baths Year Built 1951
8/10/21
1,743 Sq. Ft. ($244 / sqft) Days on market: 4
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.91
Updated: Oct 2, 2021 7:01 AM
County: PRINCE GEORGES
Lot Size (sqft): 39,532
List Price: $399,000
Subdivision: HEITMULLER ESTATES
List date: 7/16/21
Orig list price: $399,000
Off-market date: 8/10/21
Taxes: $5,267
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Lot Size Source: Assessor
Above Grade Finished Area Units: Square Feet
Carport Spaces: 2
Interior Features: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen Eat-In, Kitchen - Table Space, Pantry, Wood Floors Laundry Type: Main Floor
Special Listing Conditions: Standard
Style: ["Contemporary"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Accessibility Features: None
Construction Materials: Aluminum Siding, Brick
Appliances: Dishwasher, Disposal, Dryer - Front Loading, Oven/Range Electric, Refrigerator, Washer - Front Loading
Cooling: Central A/C, Ceiling Fan(s)
Below Grade Finished Area Source: Assessor
Heating: Radiator
Cooling Fuel: Electric Fireplaces Total: 1 Heating Fuel: Natural Gas Hot Water: Natural Gas
Levels: 1
Lot Size Units: Square Feet Main Level Bedrooms: 3 Property Condition: Good
Living Area Source: Assessor
Senior Community Yn: false
Lot Features: Backs to Trees, Landscaping, No Thru Street, Pipe Stem, Premium, Private, Rear Yard, Secluded
Structure Type: Detached
Sewer: Public Sewer Tax Lot: 9A Tax Year: 2020
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
Total Garage And Parking Spaces: 2
8903 24th Avenue, Adelphi, Maryland 20783
View: Garden/Lawn, Trees/ Woods
Water Source: Public Zoning: RR
Remarks *A Almost One Acre Treed Lot*Beautiful Trees and Flowers* Must appreciate Nature* Open Floor Plan*One Level Living with 1700 Sq Ft with a Crawl Space*Spacious Rooms* Lots of Light and Windows*Hardwood Floors*Central Air* Freshly Painted Inside and Outside* Carport*Shared Driveway* Cul-De -Sac* No FHA or VA Contracts *Sold AS-IS*Needs some Personal Touches* Centrally Located but feels like in the country*Near University of MD, Shopping, Beltway, Metro* Open House Sunday 1-3 Pm July 19th
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
8706 23 Rd Ave
8903 24th Avenue, Adelphi, Maryland 20783
$425,000 CLOSED
MLS #MDPG2003914
Hyattsville, MD 20783
8/10/21
3 Beds 2.0/0 Baths Year Built 1951
1,743 Sq. Ft. ($244 / sqft) Days on market: 4
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
8410 Adelphi $419,000 CLOSED
MLS #MDPG2007932
Hyattsville, MD 20783
3 Beds 2.0/0 Baths Year Built 1959
10/7/21
1,356 Sq. Ft. ($309 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Acres: 0.23
List Price: $419,000
High: HIGH POINT
Lot Size (sqft): 10,000
Orig list price: $419,000
Middle: BUCK LODGE
County: PRINCE GEORGES
List date: 8/13/21
Taxes: $6,108
Subdivision: COOL SPRING
Off-market date: 10/8/21
Style: ["Ranch/Rambler"]
Updated: Nov 3, 2021 9:56 AM
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Elementary: MARY HARRIS MOTHER JONES
Full baths: 2.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Level Entry - Main, Other Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range Electric, Refrigerator, Stove
Basement: Connecting Stairway, Full, Fully Finished, Improved Below Grade Finished Area: 975 Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Combination, Brick, Shingle Siding Cooling: Central A/C
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Interior Features: Attic, Breakfast Area, Upgraded Countertops, Wood Floors, Floor Plan - Open, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Kitchen - Island, Recessed Lighting
Hot Water: Natural Gas
Levels: 2.5
Fireplaces Total: 1 Flooring: Carpet, Hardwood, Concrete Heating: Baseboard - Hot Water
Living Area Source: Estimated Lot Features: Corner, Front Yard
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 3 Other Structures: OXce/ Studio Pets Allowed: No Pet Restrictions Roof: Composite
8903 24th Avenue, Adelphi, Maryland 20783
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Foyer, Laundry, Other, OXce, Recreation Room, Storage Room, Utility Room, Bedroom 6, Bonus Room, Screened Porch
Special Listing Conditions: Standard
Utilities: Electric Available, Natural Gas Available
Senior Community Yn: false
View: Street
Sewer: Public Sewer
Water Source: Public
Structure Type: Detached
Zoning: R80
Tax Lot: 6 Tax Year: 2020
Remarks Corner Lot, Sold As Is. Needs some Personal Touches Welcome home to this beautiful large contemporary and spacious rancher with lots of potential. This single-family home is sitting on a large corner lot with a huge driveway, lots of parking, a patio out back and a shed. This home has over 2300 square feet and it boosts 3 bedrooms, 2 bonus rooms, 1 oXce, 2 full bathrooms, with a bricked Vreplace located in the living room. The house has been recently painted completely neutral with some remodeling to the bathrooms, lighting Vxtures and added ceiling fans. The mid-level bonus room can be used as an oXce which has abundant windows and high ceiling for natural lighting. Large kitchen with granite countertops, double wall oven, built in microwave, cooktop range with an island in the middle ready to host gatherings. Downstairs you will Vnd a Vnished basement with large recreation room, bonus room with custom built in wooden closets, laundry room w/dryer hookup, utility room, and two storage areas. This home is ultra-conveniently location with a bus route within 5 minutes walking distance. Less than 1 mile from the University of Maryland College Park, major commuter routes to include I-495, public transportation, and shopping. Come and view this lovely home today. Open House Saturday, August 14th from 1:00PM-4:00PM Open House Sunday, August 15th from 1:00PM-4:00PM
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
8410 Adelphi
8903 24th Avenue, Adelphi, Maryland 20783
$419,000 CLOSED
MLS #MDPG2007932
Hyattsville, MD 20783
10/7/21
3 Beds 2.0/0 Baths Year Built 1959
1,356 Sq. Ft. ($309 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
2011 Pelden Rd $454,000 CLOSED
MLS #MDPG2019188
Adelphi, MD 20783
3 Beds 2.0/1.0 Baths Year Built 1963
1/3/22
1,842 Sq. Ft. ($246 / sqft) Days on market: 3
Details Prop Type: Single Family Residence
Full baths: 2.0
List date: 11/29/21
Orig list price: $429,900
Half baths: 1.0
Off-market date: 1/3/22
Taxes: $5,269
County: PRINCE GEORGES
Acres: 0.2
Subdivision: ADELPHI
Lot Size (sqft): 8,828
Updated: Jan 3, 2022 10:17 AM
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Style: ["Split Level"]
List Price: $429,900
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: 32"+ wide Doors, Accessible Switches/Outlets
Appliances: Cooktop, Disposal, Dryer, Exhaust Fan, Oven - Wall, Refrigerator, Washer, Built-In Range, Dishwasher, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Six Burner Stove, Stainless Steel Appliances, Water Heater
Below Grade Finished Area Units: Square Feet
Furnished: No
Construction Materials: Brick, Combination, Vinyl Siding
Heating Fuel: Natural Gas
Cooling: Ceiling Fan(s), Central A/C
Basement: Rear Entrance, Sump Pump, Full, Walkout Stairs, Fully Finished, Heated, Interior Access, Windows
Door Features: Sliding Glass, Storm
Interior Features: Dining Area, Kitchen - Country, Kitchen - Table Space, Primary Bath(s), Wood Floors, Upgraded Countertops, Floor Plan Traditional, Carpet, Ceiling Fan(s), Pantry, Stall Shower, Tub Shower, Window Treatments
Below Grade Finished Area Source: Assessor
Cooling Fuel: Electric
Exterior Features: Sidewalks, Exterior Lighting, Secure Storage Foundation Details: Other
Heating: Central, Forced Air Hot Water: Natural Gas
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
Laundry Type: Lower Floor, Has Laundry, Washer In Unit
Other Structures: Shed, Storage Barn/Shed
Special Listing Conditions: Standard
Tax Lot: 14
Levels: 3
Parking Features: Concrete Driveway, Lighted Parking
Security Features: Carbon Monoxide Detector(s), Exterior Cameras, Main Entrance Lock, Monitored, Security System, Smoke Detector
Total Garage And Parking Spaces: 4
Living Area Source: Assessor Lot Features: Front Yard, Rear Yard, Landscaping, Trees/Wooded Lot Size Source: Assessor Lot Size Units: Square Feet
Patio And Porch Features: Patio(s) Roof: Asphalt Room Type: Living Room, Dining Room, Kitchen, Game Room, Family Room, Laundry, Utility Room, Attic
Tax Year: 2020
Water Source: Public
Senior Community Yn: false
Window Features: Bay/Bow, Screens, Double Pane, Vinyl Clad
Sewer: Public Sewer
Zoning: R55
Structure Type: Detached
Driveway Spaces: 4
Remarks ***OFFERS SUBMITTED 12/01/21 BY 8PM*** WELCOME HOME FOR THE HOLIDAYS to this Spacious Tri-level Home with Open Concept Living and No HOA! Situated on a Beautiful Green Homesite with Mature Trees offering Endless Space. Features include Three Finished Levels with 3 Bedrooms & 2.5 Baths; Freshly Painted Exterior and Interior Throughout! MAIN LEVEL Welcomes You into a Sun Drenched Living Room with Gleaming Hardwood Flooring and a Beautiful Bay Window; Opens into a Large Dining Room with Sliding Glass Doors to Outdoor Living; Dual-Entry into an Updated Eat-in Kitchen with NEW Stainless Steel Appliances; UPPER LEVEL Offers a Spacious Owner's Suite that Holds Large Furniture Items, NEW Ceiling Fan, and Private Bath with Upgraded Tile; Nice Sized Additional Bedrooms with NEW Ceiling Fans/ Lights; Third Bedroom/OXce for Working At Home; NEW Carpet in ALL Bedrooms and Basement; Hallway Full Bath with Upgraded Ceramic Tile; BASEMENT LEVEL is Fully Finished with Spacious Recreation/ Family Room; Large Laundry and Mud/Storage Room that Exits to the Backyard; Half Bath to Accommodate Guest; Newer Windows and Exterior Doors. EXTERIOR Landscaped Front & Rear Yards; Patio/Grill Pad with Space for Patio Furniture; Huge Play Area for Your Enjoyment & Entertainment, Extended Driveway with Parking for 4+ Cars, and Two Nice-Sized Sheds. Commute Minutes to D.C., Beltway/I-495, and the UMD. Centrally Located to Shops, Eats, Parks, Metro, and Entertainment. Milestone or RTS Title preferred. No Broker Lenders Please. Move-In Ready Condition but Sold As-Is. Seller Rent Back Upto 30-Days. SHOWINGS SCHEDULED ONLINE THRU SHOWING SERVICE. CONFIRMED APPTS ONLY, OWNER OCCUPIED. MASKS REQUIRED, MAX 3 VISITORS, NO CHILDREN, NO SICK VISITORS! NO OVERLAPPING APPTS....THANKS FOR SHOWING AND SELLING!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
2011 Pelden Rd
8903 24th Avenue, Adelphi, Maryland 20783
$454,000 CLOSED
MLS #MDPG2019188
Adelphi, MD 20783
1/3/22
3 Beds 2.0/1.0 Baths Year Built 1963
1,842 Sq. Ft. ($246 / sqft) Days on market: 3
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
1922 Ruatan St $420,000 CLOSED
MLS #MDPG2024956
Hyattsville, MD 20783
3 Beds 1.0/2.0 Baths Year Built 1953
1/28/22
1,195 Sq. Ft. ($351 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 2.0
Off-market date: 2/1/22
Acres: 0.28
County: PRINCE GEORGES
Lot Size (sqft): 12,386
Updated: Feb 1, 2022 3:56 PM
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Subdivision: LE VELLE HILLS
Garages: 1
List Price: $400,000
High: HIGH POINT
Style: ["Ranch/Rambler"]
List date: 1/6/22
Orig list price: $400,000
Middle: BUCK LODGE
Taxes: $4,148
Elementary: COOL SPRING
Basement: Connecting Stairway, Full, Outside Entrance, Interior Access, Rear Entrance, Walkout Level
Construction Materials: Brick
Heating: Forced Air
Cooling: Ceiling Fan(s), Central A/C
Hot Water: Natural Gas
Basement Finished Percent: 75.0
Cooling Fuel: Electric
Full baths: 1.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, HumidiVer, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range Electric, Range Hood, Refrigerator, Washer
Below Grade Finished Area: 900 Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet
Fencing: Chain Link, Partially Fireplace Features: Equipment, Screen Fireplaces Total: 1 Flooring: Hardwood, Luxury Vinyl Plank Foundation Details: Other
Heating Fuel: Natural Gas Interior Features: Attic, Breakfast Area, Dining Area, Built-Ins, Primary Bath(s), Wood Floors, Floor Plan Traditional Laundry Type: Basement, Washer In Unit, Dryer In Unit Levels: 2 Living Area Source: Estimated
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
Lot Features: Corner Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 3 # Of Attached Garage Spaces: 1 Other Structures: None
8903 24th Avenue, Adelphi, Maryland 20783
Patio And Porch Features: Porch(es)
Special Listing Conditions: Standard
Property Condition: Very Good
Security Features: Main Entrance Lock, Smoke Detector
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Foyer
Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached
Tax Year: 2020 Total Garage And Parking Spaces: 4 Water Source: Public Year Built Effective: 2010 Zoning: R55 Driveway Spaces: 3
Tax Lot: 15
Remarks Welcome Home to a vintage gem! This beautiful, light Vlled 3 bedroom home is move-in ready and waiting for you. There is fresh paint and gorgeously cared for hardwood Woors throughout the main living areas. The white kitchen offers tons of storage and easy access to the backyard. Enjoy a cozy Vreplace in the living room & extra large picture window. Ceiling fan and lights in all the bedrooms! Head downstairs to Vnd new LVP Wooring in the large rec-room, along with a spacious laundry/utility room and a half bath (plenty of space to upgrade to a full bath). Off the basement recreation room is access to the one car attached garage. Enjoy outdoor living on your acre corner lot with a fenced-in backyard. There is plenty of space for your dream garden - great sunshine and shaded spaces for whatever your green thumb desires! The home is in a friendly neighborhood with NO HOA, a bus stop at the end of the street, close to the metro and the new purple line, with restaurants nearby. Northwest Branch Trailhead is at the end of the street. Easy access to Beltway/I-95, University of Maryland. Come see your new home today! *Offer deadline 6pm Monday 1/10*
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
1922 Ruatan St
8903 24th Avenue, Adelphi, Maryland 20783
$420,000 CLOSED
MLS #MDPG2024956
Hyattsville, MD 20783
1/28/22
3 Beds 1.0/2.0 Baths Year Built 1953
1,195 Sq. Ft. ($351 / 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
8903 24th Avenue, Adelphi, Maryland 20783
2309 Apache St $445,000 CLOSED
MLS #MDPG2013412
Hyattsville, MD 20783
4 Beds 3.0/0 Baths Year Built 1948
10/28/21
1,550 Sq. Ft. ($287 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Full baths: 3.0 Acres: 0.23
Updated: Oct 30, 2021 2:27 PM
County: PRINCE GEORGES
Lot Size (sqft): 10,215
List Price: $440,000
Subdivision: HEITMULLER ESTATES
List date: 9/24/21
Orig list price: $440,000
Off-market date: 10/30/21
Taxes: $5,354
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Pets Allowed: No Pet Restrictions
Above Grade Finished Area Units: Square Feet
Construction Materials: Aluminum Siding
Inclusions: Tools in tool shed, racks in garage and basement
Room Type: Basement
Accessibility Features: None
Cooling: Heat Pump(s), Central A/C
Interior Features: Attic, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom
Cooling Fuel: Electric
Levels: 2
Foundation Details: Slab
Living Area Source: Assessor
Style: ["Split Level"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Appliances: Dryer, Exhaust Fan, Stove, Refrigerator, Washer Basement: Combination, Connecting Stairway, Fully Finished, Interior Access
Furnished: No
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Heating: Heat Pump(s) Hot Water: Natural Gas
Property Condition: Good Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer
Lot Size Source: Assessor
Structure Type: Detached
Lot Size Units: Square Feet
Tax Lot: 10
Main Level Bedrooms: 4
Tax Year: 2020 Water Source: Public
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
Zoning: RR
Remarks Welcome home! You will love this bright and spacious home is located on a large, well-maintained lot perfect for outdoor entertainment. This home features an owners' suite with private bath and walk-in closet along with 3 additional bedrooms and 1 full bath on the main level. There are two basements: the Vnished basement features a family area with laundry room, bathroom, utility and cedar closets. The spacious unVnished basement is where your imagination can run free. Conveniently located near The University of Maryland and public transportation. Driveway and street parking.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
2309 Apache St
8903 24th Avenue, Adelphi, Maryland 20783
$445,000 CLOSED
MLS #MDPG2013412
Hyattsville, MD 20783
10/28/21
4 Beds 3.0/0 Baths Year Built 1948
1,550 Sq. Ft. ($287 / 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
8903 24th Avenue, Adelphi, Maryland 20783
2109 Rolander St $440,000 CLOSED
MLS #MDPG2008224
Hyattsville, MD 20783
8 Beds 3.0/0 Baths Year Built 1955
11/19/21
1,282 Sq. Ft. ($343 / sqft) Days on market: 48
Details Prop Type: Single Family Residence
Full baths: 3.0
Off-market date: 11/19/21
Taxes: $4,751
Acres: 0.14
County: PRINCE GEORGES
Lot Size (sqft): 6,146
Updated: Nov 19, 2021 7:06 PM
Subdivision: ADELPHI HILLS
List date: 8/22/21
List Price: $450,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Style: ["Ranch/Rambler"]
Orig list price: $495,000
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Hot Water: Natural Gas
Structure Type: Detached
Levels: 2
Tax Lot: 8
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Living Area Source: Assessor
Tax Year: 2020
Accessibility Features: Other
Cooling: Central A/C
Lot Size Source: Assessor
Total Garage And Parking Spaces: 5
Appliances: Disposal, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator
Cooling Fuel: Electric
Lot Size Units: Square Feet
Water Source: Public
Exterior Features: Outbuilding(s)
Main Level Bedrooms: 4
Zoning: R55
Property Condition: Good
Off Street Spaces: 5
Basement: Fully Finished, Interior Access Below Grade Finished Area Source: Assessor
Fireplaces Total: 1 Flooring: Wood, Tile/Brick
Special Listing Conditions: Standard
Heating: Forced Air
Senior Community Yn: false
Heating Fuel: Natural Gas
Sewer: Public Sewer
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
Remarks OPPORTUNITY KNOCKS! Welcome Home ! This 2 level Single Family home sits on. 14 acres. Features (4) bedrooms (2) full bath on the main level and (4) bedrooms (1) full bath on the lower level. Renovated Kitchen with new Cabinets and Granite countertops. Hardwood Woors throughout. Stairs carpeted. Tile in lower level. New Roof, July 2021. Parking spaces in rear for 5+ vehicles. MOVE -IN READY !!! Close to shopping, restaurants, and public transporation .
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
2109 Rolander St
8903 24th Avenue, Adelphi, Maryland 20783
$440,000 CLOSED
MLS #MDPG2008224
Hyattsville, MD 20783
11/19/21
8 Beds 3.0/0 Baths Year Built 1955
1,282 Sq. Ft. ($343 / sqft) Days on market: 48
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
23
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
8500 Laverne Dr $450,000 CLOSED
MLS #MDPG2011010
Adelphi, MD 20783
4 Beds 3.0/0 Baths Year Built 1958
10/15/21
1,680 Sq. Ft. ($268 / sqft) Days on market: 35
Details Prop Type: Single Family Residence
Full baths: 3.0
Off-market date: 10/18/21
Taxes: $6,200
Acres: 0.25
County: PRINCE GEORGES
Lot Size (sqft): 11,002
Updated: Dec 16, 2021 10:02 AM
Subdivision: COOL SPRING
List date: 9/10/21
List Price: $450,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Style: ["Ranch/Rambler"]
Orig list price: $450,000
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Main Level Bedrooms: 3
Hot Water: Natural Gas
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Accessibility Features: 36"+ wide Halls
Cooling: Central A/C
Interior Features: Entry Level Bedroom, Floor Plan Traditional, Wood Floors
Special Listing Conditions: Standard
Cooling Fuel: Electric
Levels: 2
Basement: Rear Entrance, Walkout Level, Fully Finished
Structure Type: Detached
Fireplaces Total: 1
Living Area Source: Assessor
Tax Lot: 16
Below Grade Finished Area Source: Assessor
Foundation Details: Block Heating: Baseboard - Hot Water, Central
Lot Size Source: Assessor Lot Size Units: Square Feet
Senior Community Yn: false Sewer: Public Sewer
Tax Year: 2021 Water Source: Public Zoning: R80
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
Remarks More Photos and More Remarks Coming Soon. Lower level with Bedroom.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
8500 Laverne Dr
8903 24th Avenue, Adelphi, Maryland 20783
$450,000 CLOSED
MLS #MDPG2011010
Adelphi, MD 20783
10/15/21
4 Beds 3.0/0 Baths Year Built 1958
1,680 Sq. Ft. ($268 / sqft) Days on market: 35
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
8903 24th Avenue, Adelphi, Maryland 20783
Comparable Property Statistics S
7 Sold Listings LOWEST
$419,000
AVERAGE
$436,142
HIGH
$454,000
AVG PRICE / SQFT
AVG DOM
$293
15
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
28
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
Sold Property Analysis Averages
102.2%
Homes sold for an average of 102.2% of their list price.
15
Days on market
It took an average of 15 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
8706 23 Rd Ave
$399,000
$425,000
106.52%
4
$244
8410 Adelphi
$419,000
$419,000
100.00%
6
$309
2011 Pelden Rd
$429,900
$454,000
105.61%
3
$246
1922 Ruatan St
$400,000
$420,000
105.00%
6
$351
2309 Apache St
$440,000
$445,000
101.14%
6
$287
2109 Rolander St
$495,000
$440,000
88.89%
48
$343
8500 Laverne Dr
$450,000
$450,000
100.00%
35
$268
$433,271
$436,142
100.66%
15
$293
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
29
Comparative Market Analysis
8903 24th Avenue, Adelphi, Maryland 20783
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 Vnished with hardwood Woors 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 Wowers 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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