______
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785 808
Fany Ruano JULY 22, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
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
818 Rachel Court, Landover, Maryland 20785
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
P = PENDING
P = ACTIVE UNDER CONTRACT
A = ACTIVE
BEDS
BATHS
SQFT
PRICE
818 Rachel Ct
3
2.00
1,225
-
1
Subject
2
MDPG602518
S
7705 Michele Dr
3
2.0/1.0
1,176
$315,000
3
MDPG576020
S
887 Nalley Rd
3
2.0/1.0
1,320
$289,000
4
MDPG598364
S
7830 Michele Dr
3
1.0/2.0
1,029
$290,000
5
MDPG599318
S
7833 Michele Dr
3
1.0/2.0
1,029
$283,000
6
MDPG607588
S
908 Nadine Ct
3
1.0/2.0
1,200
$310,000
7
MDPG2002860
P
7914 Suiter Way
3
2.0/2.0
1,200
$299,000
8
MDPG2003906
P
7815 Suiter Way
3
2.0/2.0
1,320
$285,900
9
MDPG2005040
A
7918 Suiter Way
3
3.0/1.0
1,875
$335,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
5/28/21
3
2.0/1.0
1,176
$315,000
$268
12/30/20
3
2.0/1.0
1,320
$289,000
$219
7830 Michele Dr
4/20/21
3
1.0/2.0
1,029
$290,000
$282
7833 Michele Dr
5/14/21
3
1.0/2.0
1,029
$283,000
$275
7/6/21
3
1.0/2.0
1,200
$310,000
$258
1,150
$297,400
$260
7705 Michele Dr 887 Nalley Rd
908 Nadine Ct
Averages
P
PENDING LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
7914 Suiter Way
8/12/21
3
2.0/2.0
1,200
$299,000
$249
7815 Suiter Way
8/20/21
3
2.0/2.0
1,320
$285,900
$217
1,260
$292,450
$233
Averages
A
ACTIVE LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
3
3.0/1.0
1,875
$335,000
$179
1,875
$335,000
$179
7918 Suiter Way
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
818 Rachel Court, Landover, Maryland 20785
7705 Michele Dr $315,000 CLOSED
MLS #MDPG602518
Landover, MD 20785
3 Beds 2.0/1.0 Baths Year Built 1978
5/28/21
1,176 Sq. Ft. ($268 / sqft) Days on market: 9
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 5/29/21
Assoc Fee: $47
Half baths: 1.0 Acres: 0.06
Updated: May 29, 2021 9:04 AM
Taxes: $3,319
County: PRINCE GEORGES
Lot Size: 2,400
List Price: $315,000
List date: 4/9/21
Orig list price: $315,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Estimated
Levels: 3
Tax Lot: 11
Below Grade Finished Area Units: Square Feet
Living Area Source: Estimated
Tax Year: 2020
Above Grade Finished Area Units: Square Feet Accessibility Features: None
Construction Materials: Other
Subdivision: LOTTSFORD TOWNHOUSES Style: ["Colonial"]
Features
Lot Size Source: Assessor
Total Garage And Parking Spaces: 2
Lot Size Units: Square Feet
Water Source: Public
Cooling: Central A/C
Special Listing Conditions: Standard
Zoning: RT
Basement: Fully Finished, Walkout Level
Cooling Fuel: Electric
Senior Community Yn: false
Heating: Heat Pump(s)
Below Grade Finished Area: 575
Sewer: Public Sewer
Heating Fuel: Electric
Structure Type: End of Row/ Townhouse
Association Fee Frequency: Monthly
Hot Water: Electric
Off Street Spaces: 2
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Remarks Simply Gorgeous** This Beautiful Townhouse Offer 3 Beds and 2.5 Baths. Completely Renovated Top To Botton. Brand New Windows, new HVAC, New Water heater, Fresh Paint, New Floors and. Upgraded Kitchen SS Appliances, Upgraded Cabinets, Granite Counters. Nice Size Deck, Beautiful Back Yard Backing to Trees, Fully Finished Basement, W/O to the Backyard. Walk to FedEx Field and Conveniently located to Public Transportation, Shops, and Major Highways.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
7705 Michele Dr
818 Rachel Court, Landover, Maryland 20785
$315,000 CLOSED
MLS #MDPG602518
Landover, MD 20785
5/28/21
3 Beds 2.0/1.0 Baths Year Built 1978
1,176 Sq. Ft. ($268 / sqft) Days on market: 9
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
887 Nalley Rd $289,000 CLOSED
MLS #MDPG576020
Landover, MD 20785
3 Beds 2.0/1.0 Baths Year Built 1993
12/30/20
1,320 Sq. Ft. ($219 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 1/10/21
Assoc Fee: $80
Half baths: 1.0 Acres: 0.04
Updated: Jan 9, 2021 9:24 PM
Taxes: $3,140
County: PRINCE GEORGES
Lot Size: 1,875
List Price: $279,900
List date: 7/29/20
Orig list price: $279,900
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Levels: 3
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Construction Materials: Other
Living Area Source: Assessor
Structure Type: End of Row/ Townhouse
Lot Size Source: Assessor
Tax Lot: 1
Accessibility Features: None
Cooling: Central A/C, Ceiling Fan(s)
Lot Size Units: Square Feet
Tax Year: 2019
Parking Features: Assigned
Water Source: Public Zoning: RT
Subdivision: CAPITAL VIEW TOWNHOUSES Style: ["Colonial"]
Features
Association Fee Frequency: Monthly
Cooling Fuel: Electric
Basement: Other
Heating: Heat Pump(s)
Special Listing Conditions: Standard
Below Grade Finished Area Source: Assessor
Heating Fuel: Electric
Senior Community Yn: false
Hot Water: None
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Remarks Gorgeous three-level End unit townhouse with front porch! Beautifully updated home has 3 bedrooms, 2 full and 1 half bathrooms. Brand new kitchen with granite countertop, new appliances ( New stainless steel Fridge will be installed in few days). Kitchen is connected with breakfast room. Formal dining room lead to the deck. You'll enjoy the spacious living space for gatherings with family and friends. The 2nd level features 3 spacious bedroom and a newly renovated bathroom. This home also features a huge lower level light drenched walkout family room, oVce/den and lots of storage. Freshly painted and new Uooring! Great location, In close proximity to FedExField football stadium, with easy access to commute to DC or Baltimore!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
887 Nalley Rd
818 Rachel Court, Landover, Maryland 20785
$289,000 CLOSED
MLS #MDPG576020
Landover, MD 20785
12/30/20
3 Beds 2.0/1.0 Baths Year Built 1993
1,320 Sq. Ft. ($219 / 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
818 Rachel Court, Landover, Maryland 20785
7830 Michele Dr $290,000 CLOSED
MLS #MDPG598364
Hyattsville, MD 20785
3 Beds 1.0/2.0 Baths Year Built 1987
4/20/21
1,029 Sq. Ft. ($282 / sqft) Days on market: 4
Details Prop Type: Single Family Residence
Full baths: 1.0
Off-market date: 4/22/21
Assoc Fee: $142
Half baths: 2.0 Acres: 0.03
Updated: Apr 22, 2021 6:01 AM
Taxes: $3,364
County: PRINCE GEORGES
Lot Size: 1,501
List Price: $305,000
List date: 3/5/21
Orig list price: $290,000
Above Grade Finished Area Source: Assessor
Basement Finished Percent: 75.0
Door Features: French, Sliding Glass
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area: 350
Fencing: Rear
Accessibility Features: None
Below Grade Finished Area Source: Estimated
Subdivision: LOTTSFORD TOWNHOUSES Style: ["Traditional"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Oven/ Range - Electric, Washer, Water Heater
Below Grade Finished Area Units: Square Feet Construction Materials: Other
Association Fee Frequency: Quarterly
Cooling: Ceiling Fan(s), Central A/C
Basement: Other
Cooling Fuel: Electric
Heating: Heat Pump(s)
Interior Features: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan Open, Floor Plan - Traditional, Kitchen - Eat-In, Upgraded Countertops, Wood Floors, Crown Moldings
Heating Fuel: Electric
Levels: 3
Hot Water: Electric
Living Area Source: Estimated
Flooring: Carpet, Hardwood, Ceramic Tile
Lot Size Source: Assessor Lot Size Units: Square Feet Other Structures: Shed
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Parking Features: Fenced
Sewer: Public Sewer
Tax Year: 2021
Zoning: RT
Special Listing Conditions: Standard
Structure Type: Interior Row/ Townhouse
Total Garage And Parking Spaces: 2
Off Street Spaces: 2
Senior Community Yn: false
Tax Lot: 79
Water Source: Public
Remarks Prepare to be pleased! HVAC replaced August 2020. Roof replaced just a bit prior to this owner's purchase. French doors to deck and slider to paver patio, french doors and slider also recently replaced. Convenient commute to major routes and walk to FEDEX stadium! Warm and inviting home so well cared for by this owner. Please do remove shoes or use booties when walking through and please observe limited contact. Seller will need to Tnd home of choice and settlements to coincide or short rent back please.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
7830 Michele Dr
818 Rachel Court, Landover, Maryland 20785
$290,000 CLOSED
MLS #MDPG598364
Hyattsville, MD 20785
4/20/21
3 Beds 1.0/2.0 Baths Year Built 1987
1,029 Sq. Ft. ($282 / sqft) Days on market: 4
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
7833 Michele Dr $283,000 CLOSED
MLS #MDPG599318
Landover, MD 20785
3 Beds 1.0/2.0 Baths Year Built 1988
5/14/21
1,029 Sq. Ft. ($275 / sqft) Days on market: 10
Details Prop Type: Single Family Residence
Full baths: 1.0
Off-market date: 5/14/21
Assoc Fee: $142
Half baths: 2.0 Acres: 0.03
Updated: May 14, 2021 8:06 PM
Taxes: $3,272
County: PRINCE GEORGES
Lot Size: 1,501
List Price: $280,000
List date: 3/9/21
Orig list price: $280,000
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Above Grade Finished Area Units: Square Feet
Construction Materials: Other
Interior Features: Ceiling Fan(s), Combination Kitchen/ Dining, Upgraded Countertops, Wood Floors
Accessibility Features: None
Cooling: Central A/C
Laundry Type: Basement
Special Listing Conditions: Standard
Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
Cooling Fuel: Electric
Levels: 3
Senior Community Yn: false
Flooring: Carpet, Hardwood
Living Area Source: Assessor
Sewer: Public Sewer
Subdivision: LOTTSFORD TOWNHOUSES Style: ["Traditional"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Association Fee Frequency: Quarterly Basement: Fully Finished
Heating: Heat Pump(s) Heating Fuel: Electric Hot Water: Natural Gas
Below Grade Finished Area Source: Assessor
Property Condition: Very Good Rooms Total: 9
Lot Size Source: Assessor
Structure Type: Interior Row/ Townhouse
Lot Size Units: Square Feet
Tax Lot: 96
Parking Features: Assigned
Tax Year: 2020
Patio And Porch Features: Deck(s)
Water Source: Public
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Zoning: RT
Remarks Well maintained, move-in ready 3 level townhouse ready to call home! Steps from Fed Ex Field, minutes from metro, beltway, and major thoroughfares. Updates include granite countertops and wood Uoors in kitchen, new carpet in living room and fresh paint throughout. Main level with spacious kitchen, large living room and updated half bath. Great room sizes on upper level and updated full bath. Rear w/large deck perfect for entertainment. Fully Tnished basement w/bonus room and updated half bath, brand new carpet, new Uooring and laundry room. A must see! Please remove shoes or use booties when walking through and please observe limited contact. Please follow CDC guidelines, no more than 3 inside at one time.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
7833 Michele Dr
818 Rachel Court, Landover, Maryland 20785
$283,000 CLOSED
MLS #MDPG599318
Landover, MD 20785
5/14/21
3 Beds 1.0/2.0 Baths Year Built 1988
1,029 Sq. Ft. ($275 / sqft) Days on market: 10
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
908 Nadine Ct $310,000 CLOSED
MLS #MDPG607588
Landover, MD 20785
3 Beds 1.0/2.0 Baths Year Built 1979
7/6/21
1,200 Sq. Ft. ($258 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Full baths: 1.0
Off-market date: 7/13/21
Assoc Fee: $142
Half baths: 2.0 Acres: 0.04
Updated: Jul 13, 2021 8:17 AM
Taxes: $3,481
County: PRINCE GEORGES
Lot Size: 1,752
List Price: $290,000
List date: 5/28/21
Orig list price: $290,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Basement: Other, Fully Finished
Hot Water: Electric
Roof: Asphalt
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Special Listing Conditions: Standard
Accessibility Features: 2+ Access Exits
Below Grade Finished Area Units: Square Feet
Interior Features: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Wood Floors
Appliances: Built-In Microwave, Disposal, Dishwasher, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances
Construction Materials: Other
Living Area Source: Assessor
Cooling: Central A/C
Lot Size Source: Assessor
Cooling Fuel: Electric
Lot Size Units: Square Feet
Association Fee Frequency: Quarterly
Flooring: Carpet, Hardwood
Parking Features: Assigned
Heating: Heat Pump(s)
Pets Allowed: No Pet Restrictions
Subdivision: LOTTSFORD TOWNHOUSES Style: ["Other"]
Features
Heating Fuel: Electric
Levels: 3
Senior Community Yn: false Sewer: No Septic System Structure Type: Interior Row/ Townhouse Tax Lot: 25 Tax Year: 2021 Water Source: Public Window Features: Energy EVcient
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Zoning: RT
Remarks Welcome Home. This must see three story townhome is everything you can desire. Steps from Fed Ex Field, minutes from metro, beltway, and major thoroughfares. This three bedroom townhouse is your next step to quality living. Stepping onto cherry hardwood Uoors into a beautifully open concept home. Not to mention a large open kitchen with granite countertops and stainless steal appliances. This house is perfect for entertaining, with a beautiful view overlooking your backyard. This house has been completely updated with fresh coats of paint and new carpet on your top and basement level. With a Tnished basement and in house washer and dryer hook up. This must see townhome will not last long. Call Today to see your next home.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
908 Nadine Ct
818 Rachel Court, Landover, Maryland 20785
$310,000 CLOSED
MLS #MDPG607588
Landover, MD 20785
7/6/21
3 Beds 1.0/2.0 Baths Year Built 1979
1,200 Sq. Ft. ($258 / 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
818 Rachel Court, Landover, Maryland 20785
7914 Suiter Way $299,000 PENDING
MLS #MDPG2002860
Landover, MD 20785
3 Beds 2.0/2.0 Baths Year Built 1994
8/12/21
1,200 Sq. Ft. ($249 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 7/13/21
Assoc Fee: $80
Half baths: 2.0 Acres: 0.03
Updated: Jul 13, 2021 3:49 AM
Taxes: $3,987
County: PRINCE GEORGES
Lot Size: 1,500
List Price: $299,000
List date: 7/9/21
Orig list price: $299,000
Basement: Fully Finished, Space For Rooms, Full, Walkout Stairs, Interior Access
Exterior Features: Gutter System
Subdivision: CAPITAL VIEW TOWNHOUSES Style: ["Contemporary"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Disposal, Microwave, Oven/ Range - Electric, Stainless Steel Appliances, Dryer, Washer Association Fee Frequency: Monthly
Levels: 3
Fencing: Partially
Living Area Source: Assessor
Flooring: Hardwood, Carpet
Lot Size Source: Assessor
Heating: Heat Pump(s)
Lot Size Units: Square Feet
Below Grade Finished Area Units: Square Feet
Heating Fuel: Electric
Parking Features: Assigned
Hot Water: Electric
Property Condition: Excellent
Construction Materials: Vinyl Siding
Inclusions: See Documents
Special Listing Conditions: Standard
Below Grade Finished Area Source: Assessor
Cooling Fuel: Electric
Interior Features: Carpet, Floor Plan - Open, Kitchen Eat-In
Exclusions: See Documents
Laundry Type: Basement
Cooling: Central A/C
Senior Community Yn: false Sewer: Public Sewer
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
Structure Type: Interior Row/ Townhouse Tax Lot: 8
818 Rachel Court, Landover, Maryland 20785
Tax Year: 2020
Water Source: Public
Virtual Tour: View Suiter Way, Hyattsville, MD 20785
Zoning: RT
Remarks Welcome Home! This is the one that you have been searching for. It has just hit the market and anxiously awaits its new owner. Leave the hustle and bustle of the city and, within minutes, arrive at your charming home. This three level townhome with 3 bedrooms and 2 full and 2 half baths, features a large yard space. Enjoy hardwood Uooring, natural light throughout and a great newly updated kitchen. Your new huge backyard comes with plentiful space for enjoying time with loved ones. Conveniently located near the Capital Beltway, this property is a commuter's dream. Schedule your appointment to visit today. You will not be disappointed.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
7914 Suiter Way
818 Rachel Court, Landover, Maryland 20785
$299,000 PENDING
MLS #MDPG2002860
Landover, MD 20785
8/12/21
3 Beds 2.0/2.0 Baths Year Built 1994
1,200 Sq. Ft. ($249 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
23
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
7815 Suiter Way $285,900 ACTIVE UNDER CONTRACT
MLS #MDPG2003906
Landover, MD 20785
3 Beds 2.0/2.0 Baths Year Built 1994
8/20/21
1,320 Sq. Ft. ($217 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Half baths: 2.0
Updated: Jul 20, 2021 6:07 PM
County: PRINCE GEORGES
Acres: 0.03
List Price: $285,900
Subdivision: CAPITAL VIEW TOWNHOUSES
Lot Size: 1,500
Orig list price: $285,900
List date: 7/15/21
Assoc Fee: $80
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Heating Fuel: Electric
Senior Community Yn: false
Hot Water: Electric
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Levels: 3
Structure Type: Interior Row/ Townhouse
Accessibility Features: None
Construction Materials: Vinyl Siding
Style: ["Colonial"]
Full baths: 2.0
Taxes: $4,071 School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Association Fee Frequency: Monthly Basement: Fully Finished, Full
Cooling: Central A/C Cooling Fuel: Electric Flooring: Carpet, Hardwood Heating: Heat Pump(s)
Living Area Source: Assessor
Tax Lot: 8
Lot Size Source: Assessor
Tax Year: 2020
Lot Size Units: Square Feet
Water Source: Public
Parking Features: Assigned
Zoning: RT
Special Listing Conditions: Standard
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Remarks Home Sweet Home! Beautiful, freshly painted 3 level townhome that is move-in ready. Enjoy an easy commute into DC. Minutes away from FedEx Field, Cheverly Metro Station, and the brand new Capital Region Medical Center. The roof is brand new (April 2021). House comes with 2 assigned parking spots. Sellers are paying for American Home Shield warranty for the remainder of the year. Offer Deadline: All offers must be submitted by Monday 7/19/2021 at 6:00pm
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
7815 Suiter Way $285,900 ACTIVE UNDER CONTRACT
MLS #MDPG2003906
Landover, MD 20785
3 Beds 2.0/2.0 Baths 8/20/21
Year Built 1994
1,320 Sq. Ft. ($217 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
7918 Suiter Way $335,000 ACTIVE
MLS #MDPG2005040
Landover, MD 20785
3 Beds 3.0/1.0 Baths Year Built 1994
7/22/21
1,875 Sq. Ft. ($179 / sqft) Days on market: 1
Details Prop Type: Single Family Residence
Half baths: 1.0
Updated: Jul 22, 2021 8:29 AM
County: PRINCE GEORGES
Acres: 0.04
List Price: $335,000
Subdivision: CAPITAL VIEW TOWNHOUSES
Lot Size: 1,875
Orig list price: $335,000
List date: 7/22/21
Assoc Fee: $73
Above Grade Finished Area Source: Estimated
Association Fee Frequency: Monthly
Cooling: Central A/C, Heat Pump(s)
Above Grade Finished Area Units: Square Feet
Association Fee Includes: Common Area Maintenance, Management, Snow Removal
Cooling Fuel: Electric
Basement: Fully Finished, Sump Pump, Windows
Fireplaces Total: 1
Style: ["Colonial"]
Full baths: 3.0
Taxes: $3,122 School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Accessibility Features: None Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven - Self Cleaning, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Water Heater - HighEVciency
Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet Construction Materials: Vinyl Siding
Door Features: French, Six Panel, Sliding Glass, Storm Flooring: Carpet, Ceramic Tile, Laminated, Vinyl Heating: Heat Pump(s), Central, Forced Air Heating Fuel: Central, Electric
Interior Features: Attic, Ceiling Fan(s), Sprinkler System, Walk-in Closet(s), Window Treatments Laundry Type: Has Laundry, Basement Levels: 2 Living Area Source: Estimated Lot Features: Backs to Trees Lot Size Source: Assessor Lot Size Units: Square Feet
Hot Water: Electric
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
27
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Parking Features: Assigned, Paved Driveway
Special Listing Conditions: Standard
Patio And Porch Features: Deck(s)
Security Features: Electric Alarm, Motion Detectors, Smoke Detector, Window Grills
Pets Allowed: Case by Case Basis
Senior Community Yn: false
Sewer: Public Sewer Structure Type: End of Row/ Townhouse
Window Features: Double Pane, Storm Zoning: RT
Tax Lot: 10 Tax Year: 2019 Water Source: Public
Remarks Come home to this lovely Well kept end unit townhome located on a quiet cul de sac. The moment you walk through the front door into the open space, featuring rich colored Uooring, The spacious eat-in kitchen with stainless still appliances and lots of storage is perfect for preparing all your favorite gourmet meals. Enjoy the view of green space from the dining room while eating and laughing with friends and family. This home has 3 bedrooms and 3.5 baths. The inviting master bedroom is large enough to accommodate a king size bed, has lots of closet space and ensuite bath, the perfect place for rest and relaxation. The two upper level nice-sized bedrooms look out to beautiful trees and share a spacious hall bathroom. Downstairs the fully Tnished lower level features a large recreation room, full bath and storage/laundry room. The open backyard has plenty of space for outdoor exercising or playing games. There are 2 assigned parking spaces plus visitor pass, close to two Metro stations, and easy access to I-95/495 Beltway, DC, food and shopping. COME TAKE A TOUR TODAY!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
28
Comparative Market Analysis
7918 Suiter Way
818 Rachel Court, Landover, Maryland 20785
$335,000 ACTIVE
MLS #MDPG2005040
Landover, MD 20785
7/22/21
3 Beds 3.0/1.0 Baths Year Built 1994
1,875 Sq. Ft. ($179 / sqft) Days on market: 1
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
29
Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Comparable Property Statistics S
5 Sold Listings LOWEST
$283,000
P
$297,400
HIGH
$315,000
AVG PRICE / SQFT
AVG DOM
$260
7
AVG PRICE / SQFT
AVG DOM
$233
5
AVG PRICE / SQFT
AVG DOM
$179
1
2 Pending Listings LOWEST
$285,900
A
AVERAGE
AVERAGE
$292,450
HIGH
$299,000
1 Active Listings LOWEST
$335,000
AVERAGE
$335,000
HIGH
$335,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
31
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
Sold Property Analysis Averages
101.2%
Homes sold for an average of 101.2% of their list price.
7
Days on market
It took an average of 7 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
7705 Michele Dr
$315,000
$315,000
100.00%
9
$268
887 Nalley Rd
$279,900
$289,000
103.25%
6
$219
7830 Michele Dr
$290,000
$290,000
100.00%
4
$282
7833 Michele Dr
$280,000
$283,000
101.07%
10
$275
908 Nadine Ct
$290,000
$310,000
106.90%
6
$258
$290,980
$297,400
102.21%
7
$260
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
32
Comparative Market Analysis
818 Rachel Court, Landover, Maryland 20785
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