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2804 Blazer Ct Silver Spring MD

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Listing

Presentation


The Agency D.C. Metro Alex Martinez

Managing Partner, D.C. Metro ______

Cell: (240) 258.2668 Direct: (240) 292.6237 Office: (202) 888.1127 ext. 302 Alex.M@TheAgencyRE.com


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The Agency CEO


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

Louie and Melo Lolicymel JANUARY 28, 2022

Alex Martinez Group RE The Agency DC Metro


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

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 fields 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

2804 Blazer Court, Silver Spring, Maryland 20906

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

BEDS

BATHS

SQFT

PRICE

2804 Blazer Ct

5

3.00

3,073

-

1

Subject

2

MDMC2009402

S

2105 Cherry Leaf Ln

4

2.0/1.0

2,625

$690,000

3

MDMC2016970

S

3228 Birchtree Ln

6

3.0/1.0

3,284

$647,500

4

MDMC2026948

S

2409 Dressler Ln

4

3.0/0

1,978

$689,000

5

MDMC2019780

S

13500 Round Tree Ct

5

3.0/1.0

2,308

$699,000

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

3


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

2105 Cherry Leaf Ln

10/15/21

4

2.0/1.0

2,625

$690,000

$263

3228 Birchtree Ln

10/21/21

6

3.0/1.0

3,284

$647,500

$197

1/4/22

4

3.0/0

1,978

$689,000

$348

12/30/21

5

3.0/1.0

2,308

$699,000

$303

2,548

$681,375

$278

2409 Dressler Ln 13500 Round Tree Ct

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

2804 Blazer Court, Silver Spring, Maryland 20906

2105 Cherry Leaf Ln

Silver Spring, MD 20906

$690,000 CLOSED

4 Beds 2.0/1.0 Baths Year Built 1988

10/15/21

MLS #MDMC2009402 2,625 Sq. Ft. ($263 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

Acres: 0.28

List Price: $670,000

High: JOHN F. KENNEDY

Lot Size (sqft): 12,187

Orig list price: $670,000

Middle: ARGYLE

County: MONTGOMERY

Garages: 2

Assoc Fee: $46

Elementary: BEL PRE

Subdivision: LONGMEAD

List date: 9/17/21

Taxes: $6,364

Style: ["Colonial"]

Off-market date: 10/15/21

Full baths: 2.0

Updated: Oct 15, 2021 3:27 PM

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Half baths: 1.0

Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Refrigerator, Stainless Steel Appliances, Washer

Association Amenities: Club House, Common Grounds, Community Center, Jog/Walk Path, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground, Other Association Fee Frequency: Monthly Association Fee Includes: Pool(s), Recreation Facility, Other, Management

Basement: Poured Concrete, Space For Rooms, Unfinished, Sump Pump, Walkout Level, Windows, Workshop, Other, Shelving, Rough Bath Plumb, Rear Entrance, Outside Entrance, Interior Access, Heated, Full, Daylight, Partial, Connecting Stairway Below Grade Finished Area Source: Assessor

Below Grade Finished Area Units: Square Feet Community Pool Features: In Ground, Other Construction Materials: Other Cooling: Central A/C Cooling Fuel: Electric Exterior Features: Exterior Lighting, Sidewalks, Street Lights

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

6


Comparative Market Analysis

Fencing: Decorative, Rear, Privacy, Partially, Wood, Other Fireplace Features: Mantel(s), Wood Fireplaces Total: 1 Foundation Details: Concrete Perimeter Heating: Heat Pump(s) Heating Fuel: Electric Hot Water: Electric

2804 Blazer Court, Silver Spring, Maryland 20906

Interior Features: Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Formal/ Separate Dining Room, Kitchen - Country, Kitchen Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen Table Space, Pantry, Skylight(s), Soaking Tub, Stall Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors, Other, Carpet, Chair Railings, Dining Area, Floor Plan Traditional, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Wainscotting

Lot Features: Cul-de-sac, Landscaping, No Thru Street, Rear Yard, Secluded, Vegetation Planting, Other Lot Size Source: Assessor Lot Size Units: Square Feet # Of Attached Garage Spaces: 2

Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Study, Mud Room, Storage Room, Bathroom 2, Primary Bathroom, Half Bath

Parking Features: Asphalt Driveway, On-site - Sale, Parking Space Conveys, Paved Driveway

Special Listing Conditions: Standard

Patio And Porch Features: Deck(s), Wrap Around

Senior Community Yn: false

Property Condition: Very Good, Excellent

Structure Type: Detached

Roof: Architectural Shingle

Security Features: Electric Alarm Sewer: Public Sewer Tax Lot: 166

Levels: 3

Tax Year: 2021

Living Area Source: Assessor

Total Garage And Parking Spaces: 2 Water Source: Public Zoning: R200

Remarks House Beautiful! Rarely available model located on quiet cul-de-sac in Longmead community features remodeled high-end design kitchen and bathrooms, 42-inch custom cherry cabinets, Granite countertops and Granite Island, Stainless appliances, double ovens with induction range, soft slide cabinet shelves, ceramic backsplash, and porcelain tile floor. Home has impressive large entrance foyer, Hardwood floors, new carpeted bedrooms, recessed lighting, 4 ceiling fans, crown molding, quality custom window treatments and custom paint throughout home. Family room with fireplace, formal dining and living rooms, library/office with built-in shelves, first-floor bath, and mud room on main level of home. Primary bedroom with two walk-in closets, luxury updated bath with soaking tub and separate, large marble shower, two skylights, double sinks, new porcelain tile floor. Architectural roof and replacement gutters and downspouts. 65 foot wrap-around, Trex deck and privacy-fenced, beautifully landscaped yard. Roomy two-car garage with overhead storage, workshop, and built-in cabinetry. Walk-out basement with windows/daylight. Home has been beautifully maintained and updated and is Move-in Ready! This home is in the Longmead Community with low HOA fees and great amenities including two pools, club house, tennis courts, basketball, and tot lots.

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

7


Comparative Market Analysis

2105 Cherry Leaf Ln

2804 Blazer Court, Silver Spring, Maryland 20906 Silver Spring, MD 20906

$690,000 CLOSED

10/15/21

4 Beds 2.0/1.0 Baths Year Built 1988

MLS #MDMC2009402 2,625 Sq. Ft. ($263 / sqft) Days on market: 5

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

8


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

3228 Birchtree Ln $647,500 CLOSED

MLS #MDMC2016970

Silver Spring, MD 20906

6 Beds 3.0/1.0 Baths Year Built 1970

10/21/21

3,284 Sq. Ft. ($197 / sqft) Days on market: 7

Details Prop Type: Single Family Residence

Half baths: 1.0 Acres: 0.31

Updated: Oct 25, 2021 5:54 AM

County: MONTGOMERY

Lot Size (sqft): 13,500

List Price: $599,900

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: STRATHMORE AT BEL PRE

Garages: 2

Orig list price: $599,900

High: JOHN F. KENNEDY

List date: 9/17/21

Assoc Fee: $325

Middle: ARGYLE

Off-market date: 10/25/21

Taxes: $5,548

Elementary: BEL PRE

Association Amenities: Basketball Courts, Picnic Area, Pool - Outdoor, Tennis Courts, Tot Lots/Playground

Construction Materials: Other Cooling: Central A/C

Flooring: Bamboo, Ceramic Tile, Hardwood, Luxury Vinyl Plank, Slate, Wood

Cooling Fuel: Electric

Foundation Details: Slab

Exterior Features: Exterior Lighting, Flood Lights

Heating: Forced Air

Fencing: Privacy, Rear

Hot Water: Natural Gas

Style: ["Colonial"] Full baths: 3.0

Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven - Double, Range Hood, Refrigerator, Washer, Water Heater

Association Fee Frequency: Annually Association Name: BEL PRE RECREATIONAL Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet

Heating Fuel: Natural Gas

Fireplace Features: Fireplace - Glass Doors, Brick, Mantel(s) Fireplaces Total: 1

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

9


Comparative Market Analysis

Interior Features: Cedar Closet(s), Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space, Kitchenette, 2nd Kitchen, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops, Walkin Closet(s), Wood Floors Laundry Type: Main Floor Levels: 2 Living Area Source: Assessor

2804 Blazer Court, Silver Spring, Maryland 20906

Lot Features: Landscaping, Trees/Wooded

# Of Attached Garage Spaces: 2

Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Sun/Florida Room, Bedroom 6, Primary Bathroom, Full Bath

Parking Features: Asphalt Driveway

Special Listing Conditions: Standard

Patio And Porch Features: Patio(s), Deck(s)

Senior Community Yn: false

Property Condition: Very Good

Structure Type: Detached

Roof: Asphalt

Tax Year: 2021

Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 1

Total Garage And Parking Spaces: 2 View: Garden/Lawn Virtual Tour: View Water Source: Public Window Features: Double Pane, Replacement, Vinyl Clad Zoning: R200

Sewer: Public Sewer Tax Lot: 4

Remarks Beautiful upgraded and expanded center-hall colonial located on a choice .31-acre lot with private fenced backyard and two-car garage. The home enjoys approximately 3,284 square feet of finished living space including a guest suite addition on the upper level with full bath, kitchenette, and two bedrooms; main level expanded family room with picture window and wood-burning fireplace; office/bedroom addition with exterior entrance and walk-in cedar closet; and delightful sunroom. Additionally the main level features a large formal living room, separate dining room, tablespace kitchen, powder room, laundry/mud room, and two-car garage; upper level has three additional bedrooms, hall bath, and primary bedroom suite with upgraded private full bath and walk-in closet. Recent improvements include fresh paint; refinished floors; upgraded bathrooms; new: kitchen double oven, cooktop, refrigerator, granite tops, and luxury vinyl plank floor; and new 2020 roof and siding. The property is located in the popular Strathmore at Bel Pre neighborhood which enjoys a community pool and tennis courts and is very convenient to Glenmont Metro Station (approximately 3 miles), the Matthew Hansen State Park and Trail, Metrobus, Ride-On, the elementary schools, Aspen Hill Racquet & Fitness Club, golf courses, places of worship, shopping, restaurants, and the Aspen Hill Library.

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

10


Comparative Market Analysis

3228 Birchtree Ln

2804 Blazer Court, Silver Spring, Maryland 20906

$647,500 CLOSED

MLS #MDMC2016970

Silver Spring, MD 20906

10/21/21

6 Beds 3.0/1.0 Baths Year Built 1970

3,284 Sq. Ft. ($197 / sqft) Days on market: 7

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

11


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

2409 Dressler Ln $689,000 CLOSED

MLS #MDMC2026948

Silver Spring, MD 20906

4 Beds 3.0/0 Baths Year Built 1983

1/4/22

1,978 Sq. Ft. ($348 / sqft) Days on market: 6

Details Prop Type: Single Family Residence

Full baths: 3.0

Off-market date: 1/7/22

Assoc Fee: $325

Acres: 0.32 Lot Size (sqft): 13,771

Updated: Jan 7, 2022 2:57 AM

Taxes: $5,980

County: MONTGOMERY

Garages: 2

List Price: $619,900

List date: 12/10/21

Orig list price: $619,900

Association Amenities: Pool - Outdoor, Tot Lots/ Playground, Basketball Courts, Common Grounds, Picnic Area

Basement: Connecting Stairway, Daylight, Partial, Rear Entrance, Walkout Level, Fully Finished, Windows

Subdivision: STRATHMORE AT BEL PRE Style: ["Colonial"]

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Exhaust Fan, Microwave, Oven - Single, Refrigerator, Washer, Water Dispenser

Association Fee Frequency: Annually Association Fee Includes: Insurance, Pool(s), Common Area Maintenance, Recreation Facility Association Name: BEL PRE RECREATIONAL

Below Grade Finished Area: 449 Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet Builder Model: ESSEX Construction Materials: Frame

Cooling: Central A/C, Ceiling Fan(s) Cooling Fuel: Electric Door Features: Six Panel, Sliding Glass, Storm Exterior Features: Flood Lights Fencing: Rear Fireplace Features: Mantel(s), Screen, Brick Fireplaces Total: 1

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

12


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

Flooring: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank

Levels: 4

Roof: Asphalt

Tax Year: 2021

Living Area Source: Assessor

Total Garage And Parking Spaces: 2

Foundation Details: Concrete Perimeter

Lot Features: Landscaping

Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Laundry, Recreation Room, Primary Bathroom, Full Bath

Water Source: Public

Heating: Forced Air Heating Fuel: Natural Gas Hot Water: Natural Gas

Lot Size Source: Assessor Lot Size Units: Square Feet # Of Attached Garage Spaces: 2

Utilities: Cable TV Available View: Garden/Lawn, Trees/ Woods Virtual Tour: View

Interior Features: Dining Area, Primary Bath(s), Window Treatments, Wood Floors, Upgraded Countertops, Floor Plan Open, Kitchen - Gourmet, Walk-in Closet(s)

Other Structures: Shed

Special Listing Conditions: Standard

Parking Features: Asphalt Driveway

Security Features: Security System

Window Features: Vinyl Clad, Double Pane, ENERGY STAR Qualified

Patio And Porch Features: Deck(s), Patio(s), Porch(es)

Senior Community Yn: false

Zoning: R90

Property Condition: Excellent

Structure Type: Detached

Laundry Type: Dryer In Unit, Washer In Unit

Road Responsibility: City/ County

Tax Lot: 3

Sewer: Public Sewer

Remarks Commanding split-colonial-style home with four levels of high-quality finishes and an abundance of upgrades. The home is highlighted by a gorgeous tablespace kitchen with semi-custom Kraftmaid cabinets, granite tops, marble floor, and highend appliances; formal living and dining rooms with refurbished hardwood floors, soaring ceilings, recessed lighting, and lots natural light; large family room with new luxury vinyl plank floor and a wood-burning fireplace; three renovated bathrooms; four bedrooms with new flooring; and recreation room with level walk-out and new luxury vinyl plank floor. Additionally, there is an oversized two-car attached garage, fenced backyard, large deck, covered front porch, extensive landscaping, flagstone patio, attached storage shed, and new 2019 roof and siding. The home is located in the popular Strathmore at Bel Pre neighborhood with community pool, tennis courts, basketball court, covered picnic area, and tot lot. The home is conveniently located within 1.4 miles of the Glenmont Metro Station and is within minutes of the elementary school (Georgian Forest), Brookside Gardens, Wheaton Regional Park, Matthew Henson State Park and Trail, the ICC highway, restaurants, shopping, public and private schools, and places of worship.

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

13


Comparative Market Analysis

2409 Dressler Ln

2804 Blazer Court, Silver Spring, Maryland 20906

$689,000 CLOSED

MLS #MDMC2026948

Silver Spring, MD 20906

1/4/22

4 Beds 3.0/0 Baths Year Built 1983

1,978 Sq. Ft. ($348 / 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

2804 Blazer Court, Silver Spring, Maryland 20906

13500 Round Tree Ct

Silver Spring, MD 20906

$699,000 CLOSED

5 Beds 3.0/1.0 Baths Year Built 1987

12/30/21

MLS #MDMC2019780 2,308 Sq. Ft. ($303 / sqft) Days on market: 53

Details Prop Type: Single Family Residence

Half baths: 1.0 Acres: 0.36

Updated: Dec 31, 2021 7:45 PM

County: MONTGOMERY

Lot Size (sqft): 15,826

List Price: $699,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: STRATHMORE AT BEL PRE

Garages: 2

Orig list price: $720,000

High: JOHN F. KENNEDY

List date: 10/18/21

Taxes: $6,363

Middle: ARGYLE

Style: ["Colonial"] Full baths: 3.0

Elementary: GEORGIAN FOREST

Off-market date: 12/30/21

Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: >84" Garage Door

Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Dual Flush Toilets, Exhaust Fan, Icemaker, Oven - Single, Oven/Range Electric, Range Hood, Refrigerator, Stove, Washer, Water Heater - HighEfficiency

Basement Finished Percent: 100.0

Cooling Fuel: Electric

Below Grade Finished Area: 1284

Door Features: French

Basement: Fully Finished, Heated

Cooling: Ceiling Fan(s), Central A/C

Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Brick, Vinyl Siding

Direction Faces: Northwest Electric: Circuit Breakers, Underground Exclusions: All personal property Exterior Features: Flood Lights Fireplace Features: Fireplace - Glass Doors, Mantel(s), Wood, Brick

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

15


Comparative Market Analysis

Fireplaces Total: 1 Flooring: Carpet, Ceramic Tile, Laminate Plank, Tile/ Brick Foundation Details: Concrete Perimeter Heating: Forced Air Heating Fuel: Natural Gas Hot Water: Natural Gas, 60+ Gallon Tank Inclusions: All fixtures and fittings attached to the Property

2804 Blazer Court, Silver Spring, Maryland 20906

Interior Features: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Living, Crown Moldings, Dining Area, Formal/Separate Dining Room, Kitchen - Island, Primary Bath(s), Stall Shower, Upgraded Countertops, Store/Office, Wainscotting, WhirlPool/ HotTub, Wood Floors, Pantry Laundry Type: Main Floor Levels: 2 Living Area Source: Estimated Lot Features: Backs to Trees, Cul-de-sac, Front Yard, Rear Yard Lot Size Source: Assessor

Lot Size Units: Square Feet

Sewer: Public Sewer

# Of Attached Garage Spaces: 2

Structure Type: Detached

Parking Features: Asphalt Driveway

Tax Year: 2021

Patio And Porch Features: Brick, Deck(s), Patio(s) Pets Allowed: No Pet Restrictions Road Surface Type: Paved Roof: Asphalt, Shingle Rooms Total: 11 Special Listing Conditions: Standard Security Features: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector

Tax Lot: 25 Total Garage And Parking Spaces: 2 Utilities: Cable TV View: Garden/Lawn, Street, Trees/Woods Virtual Tour: View Water Source: Public Window Features: Screens, Storm, Wood Frame Zoning: R90

Senior Community Yn: false

Remarks Lovely spacious classic colonial on a quiet cul-de-sac - completely refurbished, including new roof, siding, paint, flooring, lights and countertops. Formal Living room, Dining room. Has Office with beautiful built-in book shelves. Private back to woods. Custom deck. Family room with brick-faced fireplace and large bright windows looking out onto deck and woods beyond. Spacious Kitchen with stunning quartz countertops, including large island and breakfast nook, that opens to lovely family room area. First floor laundry/mud room and large two-car garage. Second floor has spacious master bedroom with private bath. Second floor has three additional bedrooms and full bath. Finished lower level with recreation, large billiards & game room, bedroom with french doors, full bath, wet bar and storage rooms. Membership to pool/tennis courts conveys.

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

16


Comparative Market Analysis

13500 Round Tree Ct $699,000 CLOSED

12/30/21

2804 Blazer Court, Silver Spring, Maryland 20906 Silver Spring, MD 20906

5 Beds 3.0/1.0 Baths Year Built 1987

MLS #MDMC2019780 2,308 Sq. Ft. ($303 / sqft) Days on market: 53

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

17


Analysis

Alex Martinez Group RE The Agency DC Metro


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

Comparable Property Statistics S

4 Sold Listings LOWEST

$647,500

AVERAGE

$681,375

HIGH

$699,000

AVG PRICE / SQFT

AVG DOM

$278

17

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

19


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

Sold Property Analysis Averages

105.3%

Homes sold for an average of 105.3% of their list price.

17

Days on market

It took an average of 17 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

2105 Cherry Leaf Ln

$670,000

$690,000

102.99%

5

$263

3228 Birchtree Ln

$599,900

$647,500

107.93%

7

$197

2409 Dressler Ln

$619,900

$689,000

111.15%

6

$348

13500 Round Tree Ct

$720,000

$699,000

97.08%

53

$303

$652,450

$681,375

104.43%

17

$278

Averages

Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com

20


Comparative Market Analysis

2804 Blazer Court, Silver Spring, Maryland 20906

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 finishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home finished with hardwood floors 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 flowers 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

21


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