______
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
Luisa Passas JANUARY 25, 2022
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
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
2706 Egret Way, Frederick, Maryland 21701
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
BEDS
BATHS
SQFT
PRICE
2706 Egret Way
4
3.00
2,532
-
1
Subject
2
MDFR2004098
S
7811 Wormans Mill Rd
4
3.0/1.0
2,520
$412,500
3
MDFR2000430
S
7813 Wormans Mill Rd
3
2.0/2.0
2,174
$385,000
4
MDFR2005714
S
2616 Egret Way
3
2.0/2.0
2,520
$385,000
5
MDFR2009814
S
2618 Egret Way
4
3.0/1.0
2,520
$403,000
6
MDFR2009864
S
7855 Wormans Mill Rd
4
3.0/1.0
2,410
$403,000
7
MDFR283798
S
2708 Egret Way
4
3.0/1.0
2,520
$415,000
8
MDFR2004236
S
2721 Egret Way
4
3.0/1.0
2,412
$385,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
7811 Wormans Mill Rd
9/20/21
4
3.0/1.0
2,520
$412,500
$164
7813 Wormans Mill Rd
8/20/21
3
2.0/2.0
2,174
$385,000
$177
2616 Egret Way
10/13/21
3
2.0/2.0
2,520
$385,000
$153
2618 Egret Way
1/19/22
4
3.0/1.0
2,520
$403,000
$160
7855 Wormans Mill Rd
1/14/22
4
3.0/1.0
2,410
$403,000
$167
2708 Egret Way
7/30/21
4
3.0/1.0
2,520
$415,000
$165
2721 Egret Way
9/21/21
4
3.0/1.0
2,412
$385,000
$160
2,439
$398,357
$164
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
2706 Egret Way, Frederick, Maryland 21701
7811 Wormans Mill Rd
Frederick, MD 21701
$412,500 CLOSED
4 Beds 3.0/1.0 Baths Year Built 2013
9/20/21
MLS #MDFR2004098 2,520 Sq. Ft. ($164 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 8/12/21
Orig list price: $409,900
Half baths: 1.0
Off-market date: 9/20/21
Assoc Fee: $63
County: FREDERICK
Acres: 0.05 Lot Size (sqft): 2,330
Updated: Sep 20, 2021 11:26 AM
Taxes: $5,930
Subdivision: MARKET SQUARE
Garages: 2
List Price: $409,900
Above Grade Finished Area Source: Assessor
Construction Materials: Brick
Lot Size Source: Assessor
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
# Of Detached Garage Spaces: 2
Tax Lot: 14
Accessibility Features: None
Heating: Forced Air
Association Fee Frequency: Monthly
Heating Fuel: Natural Gas
Pets Allowed: No Pet Restrictions
Total Garage And Parking Spaces: 2
Levels: 3
Special Listing Conditions: Standard
Virtual Tour: View
Below Grade Finished Area Source: Assessor
Senior Community Yn: false
Zoning: RESIDENTIAL
Style: ["Colonial"]
School District: FREDERICK COUNTY PUBLIC SCHOOLS
Features
Below Grade Finished Area Units: Square Feet
Cooling Fuel: Electric
Hot Water: Natural Gas Living Area Source: Assessor
Lot Size Units: Square Feet
Structure Type: End of Row/ Townhouse Tax Year: 2020
Water Source: Public
Sewer: Public Sewer
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
Remarks The one youve been waiting for! Not only is this an end unit model, but also the largest in Market Square at over 2,500 square feet. This turn key property boasts 4 bedrooms and 3.5 bathrooms on three above grade Tnished levels. The main level of this gorgeous home offers a formal entry foyer with HWD Uoors and two coat closets, spacious oVce/4th bedroom with renovated full bathroom and a massive recreation room with recessed lighting, walk out slider to paver patio and access to secure two car garage (added storage as well). The second level offers a highly desirable open Uoorplan with hardwood Uoors, renovated powder room and centralized gourmet kitchen creating a very versatile Uoorplan to customize based on your preferences. The spacious kitchen features stainless steel appliance package, granite counters, eat in island, pantry and recessed lighting. The expansive dining room and bonus family room space capture the modern lifestyle design with 9 ceilings, recessed lighting and direct access to a large trex deck with plenty of room for an umbrella table and your grilling/smoking devices! The sun soaked, top Uoor of this home boasts a side by side laundry room with storage, two well appointed bedrooms with upgraded ceiling fans and a renovated full bathroom. The primary suite is huge and features a tray ceiling with fan, walk in closet, true en-suite bathroom with dual vanity, soaking tub and separate shower design. Tastfully updated with modern plumbing and lighting Txtures throughout. All of this and walking distance to everything Market Square has to offer (Wegmans, Lowes, restuarants and bars galore). Conveniently locate to all major commuting routes. Welcome Home!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
7811 Wormans Mill Rd $412,500 CLOSED
9/20/21
2706 Egret Way, Frederick, Maryland 21701 Frederick, MD 21701
4 Beds 3.0/1.0 Baths Year Built 2013
MLS #MDFR2004098 2,520 Sq. Ft. ($164 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
7813 Wormans Mill Rd
Frederick, MD 21701
$385,000 CLOSED
3 Beds 2.0/2.0 Baths Year Built 2013
8/20/21
MLS #MDFR2000430 2,174 Sq. Ft. ($177 / sqft) Days on market: 8
Details Prop Type: Single Family Residence
Half baths: 2.0 Acres: 0.04
Updated: Oct 1, 2021 11:02 PM
School District: FREDERICK COUNTY PUBLIC SCHOOLS
County: FREDERICK
Lot Size (sqft): 1,810
List Price: $390,000
High: FREDERICK HIGH
Subdivision: MARKET SQUARE AT FREDERICK
Garages: 2
Orig list price: $390,000
List date: 7/2/21
Assoc Fee: $63
Off-market date: 8/22/21
Taxes: $5,182
Above Grade Finished Area Source: Assessor
Association Amenities: Pool Mem Avail
Construction Materials: Other
Above Grade Finished Area Units: Square Feet
Association Fee Frequency: Monthly
Cooling: Central A/C
Accessibility Features: None
Association Name: MARKET SQUARE
Exterior Features: Sidewalks
Style: ["Colonial"] Full baths: 2.0
Features
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Refrigerator, Washer, Water Heater, Stainless Steel Appliances, Oven/Range - Electric
Basement: Fully Finished, Walkout Level Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet
Cooling Fuel: Electric Fireplace Features: Gas/ Propane Fireplaces Total: 1 Heating: Forced Air Heating Fuel: Natural Gas Hot Water: Natural Gas
Interior Features: Bar, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen Gourmet, Kitchen - Island, Recessed Lighting, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors Laundry Type: Upper Floor Levels: 3
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
Living Area Source: Assessor
2706 Egret Way, Frederick, Maryland 21701
Property Condition: Excellent
Structure Type: Interior Row/ Townhouse
Virtual Tour: View
Tax Lot: 15
Zoning: RESIDENTIAL
Lot Size Source: Assessor
Special Listing Conditions: Standard
Lot Size Units: Square Feet
Senior Community Yn: false
Tax Year: 2020
# Of Detached Garage Spaces: 2
Sewer: Public Sewer
Total Garage And Parking Spaces: 2
Water Source: Public
Remarks ***Amazing condition! A true 10+ . Seller's have freshly painted the home throughout and have added many extra features. Not only does this home have a back deck directly off of the main living level but a stamped concrete patio as well. There is plenty of entertaining space as the lower level not only has a gas Treplace and exit to the patio but a full bar area as well. This home is set up to relax or play! There are beautiful hardwood Uoor on all three levels of the home with some carpet areas such as the bedrooms. The owner's suite has an oversized walk-in closet and the en-suite includes his and hers sinks, a separate shower and soaking tub. Walk to shops, restaurants, health clubs, pool and so much more that the community at Market Square has to offer!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
7813 Wormans Mill Rd $385,000 CLOSED
8/20/21
2706 Egret Way, Frederick, Maryland 21701 Frederick, MD 21701
3 Beds 2.0/2.0 Baths Year Built 2013
MLS #MDFR2000430 2,174 Sq. Ft. ($177 / 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
2706 Egret Way, Frederick, Maryland 21701
2616 Egret Way $385,000 CLOSED
MLS #MDFR2005714
Frederick, MD 21701
3 Beds 2.0/2.0 Baths Year Built 2014
10/13/21
2,520 Sq. Ft. ($153 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Full baths: 2.0
List date: 9/8/21
Orig list price: $383,000
Half baths: 2.0
Off-market date: 10/13/21
Assoc Fee: $89
County: FREDERICK
Acres: 0.05 Lot Size (sqft): 2,010
Updated: Oct 31, 2021 8:02 PM
Taxes: $5,958
Subdivision: MARKET SQUARE AT FREDERICK
Garages: 2
List Price: $383,000
Association Fee Includes: Common Area Maintenance, Pool(s), Snow Removal
Fireplace Features: Gas/ Propane, Mantel(s)
Below Grade Finished Area Source: Assessor
Foundation Details: Other
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven/ Range - Gas, Exhaust Fan, Icemaker
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Association Fee Frequency: Monthly
Exterior Features: Sidewalks, Street Lights
Style: ["Colonial"]
School District: FREDERICK COUNTY PUBLIC SCHOOLS
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None
Construction Materials: Other Cooling: Central A/C Cooling Fuel: Electric
Fireplaces Total: 1 Heating: Forced Air Hot Water: Natural Gas
Interior Features: Breakfast Area, Carpet, Chair Railings, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen Island, Kitchen - Gourmet, Pantry, Recessed Lighting, Wood Floors, Sprinkler System, Crown Moldings, Dining Area, Walk-in Closet(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops Laundry Type: Upper Floor
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
Levels: 3 Living Area Source: Assessor Lot Size Source: Assessor Lot Size Units: Square Feet
2706 Egret Way, Frederick, Maryland 21701
# Of Detached Garage Spaces: 2
Special Listing Conditions: Standard
Tax Year: 2021
Patio And Porch Features: Deck(s)
Senior Community Yn: false
Total Garage And Parking Spaces: 2
Sewer: Public Sewer
Virtual Tour: View
Property Condition: Very Good
Structure Type: Interior Row/ Townhouse
Water Source: Public Zoning: RESIDENTIAL
Remarks Are you in need of a virtually maintenance-free home that won't Tll your weekends with cleaning and yard work? Are you a sucker for wide-open living spaces with tons of room to move around and Tnd privacy as needed? Do you daydream about being able to wake up every morning and sip your coffee from the comfort of your own back deck? Today is your lucky day because this elegant three-bedroom townhome in Market Square is everything you have been looking for and more. The beauty of this dynamic townhome is that it is both open which makes it convenient for modern living but also provides abundant separation between the Uoors so it is easy to use the space to meet your unique needs. If you work from home or have kids that need a quiet place to hunker down and study there is a spacious and quiet oVce on the main Uoor that rises to the occasion. Also on the main Uoor is the Trst great room which would function beautifully as a family room, gym, playroom and classroom, or home theater (with added surround sound). Up on the second level is where you will Tnd your living room, eat-in kitchen, and sliding glass doors which lead out to that deck where you will relax with coffees and cocktails countless times. Your new kitchen comes with all the greatest hits; granite countertops, a large island with seating, stainless steel appliances, and generous cabinet space. If you've never had a proper primary suite, just wait until you feast your eyes on this one. This stately suite boasts trey ceilings, a soaking garden tub, double vanity, separate shower, and walk-in closet. The additional guest bedrooms are also lovely spaces with large windows ushering in light, plush carpeting, and ample closets. A laundry room rounds out this property making it equal parts beauty and functionality. Unlike most townhomes and condos this unit comes with a two-car private garage as well! Come discover how seamlessly this home can not only blend into your lifestyle but how immensely it improves it! BONUS**Parking at this townhome is a dream as there is street parking directly in the front of this row.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
2616 Egret Way
2706 Egret Way, Frederick, Maryland 21701
$385,000 CLOSED
MLS #MDFR2005714
Frederick, MD 21701
10/13/21
3 Beds 2.0/2.0 Baths Year Built 2014
2,520 Sq. Ft. ($153 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
2618 Egret Way $403,000 CLOSED
MLS #MDFR2009814
Frederick, MD 21701
4 Beds 3.0/1.0 Baths Year Built 2014
1/19/22
2,520 Sq. Ft. ($160 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Acres: 0.05
List Price: $395,000
Lot Size (sqft): 2,010
Orig list price: $395,000
County: FREDERICK
Garages: 2
Assoc Fee: $61
Subdivision: MARKET SQUARE
List date: 12/12/21
Taxes: $5,780
Off-market date: 1/19/22
School District: FREDERICK COUNTY PUBLIC SCHOOLS
Style: ["Colonial"] Full baths: 3.0
Updated: Jan 19, 2022 12:31 PM
Half baths: 1.0
Middle: GOV. THOMAS JOHNSON Elementary: NORTH FREDERICK
High: GOV. THOMAS JOHNSON
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Heating: Forced Air
Lot Size Units: Square Feet
Heating Fuel: Natural Gas
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Hot Water: Natural Gas
# Of Attached Garage Spaces: 2
Accessibility Features: None
Builder Name: DAN RYAN
Association Fee Frequency: Monthly
Construction Materials: Frame
Association Fee Includes: Common Area Maintenance
Cooling: Central A/C, Ceiling Fan(s)
Living Area Source: Assessor
Association Name: MARKET SQUARE
Cooling Fuel: Electric
Lot Size Source: Assessor
Interior Features: Breakfast Area, Dining Area, Floor Plan - Traditional
Roof: Asphalt
Levels: 3
Security Features: Smoke Detector
Special Listing Conditions: Standard
Senior Community Yn: false Sewer: Public Sewer
Foundation Details: Slab
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
Structure Type: Interior Row/ Townhouse
Total Garage And Parking Spaces: 2
Water Source: Public
Tax Lot: 109
Utilities: Cable TV Available
Zoning: R8
Tax Year: 2021
View: City
Window Features: Insulated
Remarks Gorgeous, spacious and bright three level 4 bedrooms, 3.5 baths townhome in sought-after Market Square welcome you!! This house that cared and maintained by the original owners is move in ready and has all you are looking for. The entrance level features a bedroom with full luxury bathroom, a large recreation room , and a sliding glass door leading to the backyard and the detached two car garage. The main Uoor boasts a spacious living room, dining room, kitchen with center island. Granite countertops, oak cabinets, and solid hard wood Uoor. The upper level has three bedrooms. Master bedroom with walk-in closet and full luxury bath with soaking tube, nice vanity and shower. Great location with convenient access to shopping, dining, exercise, commuter routes and downtown Frederick.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
2618 Egret Way
2706 Egret Way, Frederick, Maryland 21701
$403,000 CLOSED
MLS #MDFR2009814
Frederick, MD 21701
1/19/22
4 Beds 3.0/1.0 Baths Year Built 2014
2,520 Sq. Ft. ($160 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
7855 Wormans Mill Rd
Frederick, MD 21701
$403,000 CLOSED
4 Beds 3.0/1.0 Baths Year Built 2016
1/14/22
MLS #MDFR2009864 2,410 Sq. Ft. ($167 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 12/10/21
Orig list price: $390,000
Half baths: 1.0
Off-market date: 1/14/22
Assoc Fee: $63
County: FREDERICK
Acres: 0.04 Lot Size (sqft): 1,810
Updated: Jan 14, 2022 9:06 AM
Taxes: $5,846
Subdivision: MARKET SQUARE AT FREDERICK
Garages: 2
List Price: $390,000
Above Grade Finished Area Source: Assessor
Association Fee Frequency: Monthly
Cooling: Central A/C, Ceiling Fan(s)
Above Grade Finished Area Units: Square Feet
Association Fee Includes: Common Area Maintenance, Management, Pool(s), Snow Removal, Trash
Cooling Fuel: Electric
Below Grade Finished Area Source: Assessor
Furnished: No
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Interior Features: Ceiling Fan(s), Combination Kitchen/ Dining, Combination Kitchen/ Living, Crown Moldings, Entry Level Bedroom, Floor Plan Open, Kitchen - Gourmet, Kitchen - Island, Kitchen Table Space, Tub Shower, Soaking Tub, Walk-in Closet(s)
Hot Water: Natural Gas
Laundry Type: Upper Floor
Construction Materials: Frame
Inclusions: Fridge, washer and dryer, microwave, and dishwasher.
Levels: 3
Style: ["Colonial"]
School District: FREDERICK COUNTY PUBLIC SCHOOLS
Features
Accessibility Features: None Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer Association Amenities: Pool - Outdoor
Exclusions: Draperies Foundation Details: Slab Heating: Central
Living Area Source: Assessor
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
Lot Size Source: Assessor Lot Size Units: Square Feet # Of Detached Garage Spaces: 2 Property Condition: Good
2706 Egret Way, Frederick, Maryland 21701
Room Type: Living Room, Primary Bedroom, Bedroom 4, Kitchen, Bathroom 2, Bathroom 3, Primary Bathroom
Senior Community Yn: false Structure Type: Interior Row/ Townhouse
Virtual Tour: View
Special Listing Conditions: Standard
Tax Lot: 36
Zoning: RESIDENTIAL
Sewer: Public Sewer
Total Garage And Parking Spaces: 2 Water Source: Public
Tax Year: 2021
Remarks Welcome to 7855 Wormans Mill Road: only Tve years young, this townhouse has so much to offer. Amazing curb appeal with dormer windows and stone front! As you walk into the house, on the lower level is a study/bedroom and full bath as well an expansive family/rec area with walk in closets for storage. The mid-level with its open Uoor plan is an entertainers dream. Crown molding grace this level. Gourmet kitchen has granite counters, island, distressed cabinets with a lazy Susan and stainless-steel appliances. This level is generously sized to accommodate both a large dining table and a sofa. Easy access to the exterior deck, makes this a house perfect for social gatherings. A half bath is conveniently placed on this level. Walk up to the to the primary bedroom with its vaulted ceilings, large walk-in closet and a full bathroom en-suite with soak in tub, dual sinks and stand-up shower. Two additional bedrooms also grace this level along with a full bathroom with shower in tub. There is a cleverly concealed linen closet behind the entry door to this hall bath. Washer and dryer are conveniently located on the bedroom level. This house has been painted in contemporary colors and the carpets have been professionally cleaned. There is large detached two car garage at the exterior of the house. Market Square at Frederick is a vibrant, diverse community with a pool and playground. The location is a commuters dream with easy access to Rt 15, I 270, Route 80. Easily walkable to grocery stores and restaurants is a bonus. This turnkey townhouse is located towards the end of the row at an elevation with little or no car or foot traVc. Enjoy your privacy both inside and outside.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
7855 Wormans Mill Rd $403,000 CLOSED
1/14/22
2706 Egret Way, Frederick, Maryland 21701 Frederick, MD 21701
4 Beds 3.0/1.0 Baths Year Built 2016
MLS #MDFR2009864 2,410 Sq. Ft. ($167 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
2708 Egret Way $415,000 CLOSED
MLS #MDFR283798
Frederick, MD 21701
4 Beds 3.0/1.0 Baths Year Built 2013
7/30/21
2,520 Sq. Ft. ($165 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 6/9/21
Orig list price: $400,000
Half baths: 1.0
Off-market date: 7/30/21
Assoc Fee: $63
County: FREDERICK
Acres: 0.06 Lot Size (sqft): 2,588
Updated: Aug 26, 2021 7:54 PM
Taxes: $5,999
Subdivision: MARKET SQUARE
Garages: 2
List Price: $400,000
School District: FREDERICK COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Flooring: Hardwood, Ceramic Tile, Carpet
# Of Detached Garage Spaces: 2
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Heating: Forced Air Heating Fuel: Natural Gas
Patio And Porch Features: Deck(s), Patio(s)
Accessibility Features: None
Construction Materials: Brick Veneer, Combination, Vinyl Siding
Hot Water: Natural Gas
Property Condition: Excellent
Laundry Type: Upper Floor
Roof: Architectural Shingle
Association Name: MARKET SQUARE
Cooling: Central A/C
Levels: 3
Cooling Fuel: Electric
Basement: Front Entrance, Full, Fully Finished, Interior Access, Outside Entrance, Walkout Level
Fencing: Fully, Rear
Living Area Source: Assessor
Special Listing Conditions: Standard
Style: ["Colonial"]
Features
Association Fee Frequency: Monthly
Fireplace Features: Gas/ Propane Fireplaces Total: 1
Senior Community Yn: false
Lot Size Source: Assessor
Sewer: Public Sewer
Lot Size Units: Square Feet
Structure Type: End of Row/ Townhouse Tax Lot: 119
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
Tax Year: 2021
2706 Egret Way, Frederick, Maryland 21701
Total Garage And Parking Spaces: 2
Water Source: Public
Zoning: RES
Remarks Phenomenal end-unit in Market Square is brick front, one of the largest townhomes available, w/ two-car detached garage and all the upgrades you can imagine! As you approach you are struck by the superior elevation, great curb appeal and grand feel. Enter to beautiful hardwoods throughout the lower level making a very inviting entrance. The entry level is exceptional with large rec room for entertaining, gas Treplace, wet bar w/ ample cabinets, full bath and full bedroom. Walk-out to the rear patio, back yard and garage from this level. Main level is bright, open and luxurious. It features rich hardwood Uoors throughout, updated light Txtures, large kitchen island and multiple options for dining and gathering. The focal point of the main level is the gourmet kitchen with stainless appliances, beautiful granite counters, ample cabinetry and eat-up island. Main level has beautiful crown moldings, formal dining, family room, powder room and ease of access to the rear deck. Rear deck is spacious, maintenance free, and very peaceful. Upstairs has three bedrooms including an exceptional primary suite. The primary suite has tray ceilings, walk-in closet, and en-suite bath. The en-suite bath is "Tvepiece" with soaking tub, double vanities and shower stall. Two additional bedrooms upstairs supported by hall bath. Laundry room is upstairs for unparalleled convenience. Other features include an incredible rear garage that supports two cars and has ample storage. Enjoy this lovely location in Market Square which is walk-able to the community pool, tot lots, Wegman's, shopping and dining. Ease of access to Route 26, Route 15 and 270. Just a short drive or bike ride to downtown Frederick and all it has to offer. This home is an absolute must see! Welcome home!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
2708 Egret Way
2706 Egret Way, Frederick, Maryland 21701
$415,000 CLOSED
MLS #MDFR283798
Frederick, MD 21701
7/30/21
4 Beds 3.0/1.0 Baths Year Built 2013
2,520 Sq. Ft. ($165 / 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
2706 Egret Way, Frederick, Maryland 21701
2721 Egret Way $385,000 CLOSED
MLS #MDFR2004236
Frederick, MD 21701
4 Beds 3.0/1.0 Baths Year Built 2015
9/21/21
2,412 Sq. Ft. ($160 / sqft) Days on market: 11
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.05
Updated: Jan 9, 2022 4:53 AM
School District: FREDERICK COUNTY PUBLIC SCHOOLS
County: FREDERICK
Lot Size (sqft): 2,012
List Price: $385,000
Garages: 2
Orig list price: $385,000
High: GOVERNOR THOMAS JOHNSON
Subdivision: MARKET SQUARE
List date: 8/14/21
Assoc Fee: $62
Off-market date: 9/21/21
Taxes: $5,686
Builder Name: DAN RYAN BUILDERS
Foundation Details: Slab
Above Grade Finished Area Units: Square Feet
Association Amenities: Common Grounds, Pool Outdoor, Swimming Pool, Tot Lots/Playground
Heating Fuel: Natural Gas
Accessibility Features: 2+ Access Exits
Association Fee Frequency: Monthly
Construction Materials: Batts Insulation, Blown-In Insulation, Vinyl Siding Cooling: Central A/C
Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Exhaust Fan, Freezer, Icemaker, Microwave, Oven/Range Gas, Refrigerator
Below Grade Finished Area Source: Assessor
Cooling Fuel: Electric
Below Grade Finished Area Units: Square Feet
Entry Level: 1
Interior Features: Family Room Off Kitchen, Breakfast Area, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Crown Moldings, Entry Level Bedroom, Upgraded Countertops, Wood Floors
Style: ["Colonial"] Full baths: 3.0
Features Above Grade Finished Area Source: Estimated
Builder Model: AUGUSTINE II
Direction Faces: East Exterior Features: Extensive Hardscape
Heating: Forced Air Hot Water: 60+ Gallon Tank
Flooring: Hardwood
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
Laundry Type: Upper Floor
2706 Egret Way, Frederick, Maryland 21701
# Of Detached Garage Spaces: 2
Structure Type: Interior Row/ Townhouse
Window Features: Vinyl Clad, Low-E
Roof: Asphalt
Tax Lot: 58
Zoning: 010 RESIDENTIAL
Tax Year: 2021
Lot Size Source: Assessor
Special Listing Conditions: Standard
Lot Size Units: Square Feet
Senior Community Yn: false
Total Garage And Parking Spaces: 2
Sewer: Public Sewer
Water Source: Public
Levels: 3 Living Area Source: Estimated
Remarks Spectacular large model 4 bedroom 3-1/2 bath unit in Market Square boasting over 2400 Tnished sq feet, one of the largest townhomes available, w/ a two-car detached garage and all the bells and whistles you could ever ask for in upgrades! Enter into the Trst level w/ hardwood and carpet, a family room, bedroom, full bath, and back door to the beautifully hardscaped patio leading to the detached garage. Walk up to the main level featuring rich hardwood Uoors throughout, updated light Txtures, crown molding, a huge open style kitchen with an oversized island and multiple options for dining and gathering. The gourmet kitchen touts stainless appliances, beautiful granite counters, tons of cabinetry, and a formal dining area as well. From the kitchen walk out to your maintenance free deck overlooking the upgraded hardscaped patio below. The upstairs, with a convenient laundry room, has three bedrooms including a luxurious owner's suite. The primary suite has vaulted ceilings, and a walk in closet. The owner's bathroom has dual vanities and an upgraded oversized "party shower!" There are two additional bedrooms upstairs as well, with a full bath. . Yet another features includes an incredibly large rear detached 2-car garage. This perfect location in Market Square has all the cool neighborhood features like a community pool and tot lots, Right across the street is all your dining, entertainment, a Wegman's grocery store, multiple restaurants, a gym, and even a Lowes! This location is perfect for commuters with it's ease of access to Route 26, Route 15, I-70, 270, and just a few minutes from beautiful downtown Frederick. This gem is a must see!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
2721 Egret Way
2706 Egret Way, Frederick, Maryland 21701
$385,000 CLOSED
MLS #MDFR2004236
Frederick, MD 21701
9/21/21
4 Beds 3.0/1.0 Baths Year Built 2015
2,412 Sq. Ft. ($160 / sqft) Days on market: 11
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
2706 Egret Way, Frederick, Maryland 21701
Comparable Property Statistics S
7 Sold Listings LOWEST
$385,000
AVERAGE
$398,357
HIGH
$415,000
AVG PRICE / SQFT
AVG DOM
$164
6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
28
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
Sold Property Analysis Averages
101.3%
Homes sold for an average of 101.3% of their list price.
6
Days on market
It took an average of 6 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
7811 Wormans Mill Rd
$409,900
$412,500
100.63%
6
$164
7813 Wormans Mill Rd
$390,000
$385,000
98.72%
8
$177
2616 Egret Way
$383,000
$385,000
100.52%
6
$153
2618 Egret Way
$395,000
$403,000
102.03%
5
$160
7855 Wormans Mill Rd
$390,000
$403,000
103.33%
5
$167
2708 Egret Way
$400,000
$415,000
103.75%
7
$165
2721 Egret Way
$385,000
$385,000
100.00%
11
$160
$393,271
$398,357
101.29%
6
$164
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
29
Comparative Market Analysis
2706 Egret Way, Frederick, Maryland 21701
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
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