______
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Carleen F Maitland DECEMBER 21, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
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 Relds 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
2307 Westview Drive, Silver Spring, Maryland 20910
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
P = PENDING
BEDS
BATHS
SQFT
PRICE
2307 Westview Dr
4
2.00
1,311
-
1
Subject
2
MDMC739954
S
2200 Westview Dr
5
3.0/0
1,392
$689,000
3
MDMC736922
S
2422 Seminary Rd
3
2.0/0
1,500
$565,000
4
MDMC2004278
S
2504 Seminary Rd
3
2.0/0
1,540
$549,000
5
MDMC2021912
S
2116 Seminary Rd
3
2.0/0
1,302
$665,000
6
MDMC2015286
S
2011 Lansdowne Way
3
3.0/0
1,392
$605,000
7
MDMC2003736
S
2004 Osborn Dr
4
2.0/1.0
1,445
$645,000
8
MDMC747218
S
9500 Riley Rd
3
2.0/1.0
1,410
$682,500
9
MDMC739280
S
2011 Osborn Dr
3
3.0/0
1,891
$682,500
10
MDMC2021202
P
9501 2 Nd Ave
3
1.0/0
1,512
$630,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
2200 Westview Dr
2/26/21
5
3.0/0
1,392
$689,000
$495
2422 Seminary Rd
1/12/21
3
2.0/0
1,500
$565,000
$377
2504 Seminary Rd
8/11/21
3
2.0/0
1,540
$549,000
$356
2116 Seminary Rd
12/13/21
3
2.0/0
1,302
$665,000
$511
2011 Lansdowne Way
10/29/21
3
3.0/0
1,392
$605,000
$435
8/10/21
4
2.0/1.0
1,445
$645,000
$446
5/4/21
3
2.0/1.0
1,410
$682,500
$484
2/23/21
3
3.0/0
1,891
$682,500
$361
1,484
$635,375
$433
2004 Osborn Dr 9500 Riley Rd 2011 Osborn Dr
Averages
P
PENDING LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
9501 2 Nd Ave
12/30/21
3
1.0/0
1,512
$630,000
$417
1,512
$630,000
$417
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
2307 Westview Drive, Silver Spring, Maryland 20910
2200 Westview Dr $689,000 CLOSED
MLS #MDMC739954
Silver Spring, MD 20910
5 Beds 3.0/0 Baths Year Built 1955
2/26/21
1,392 Sq. Ft. ($495 / sqft) Days on market: 12
Details Prop Type: Single Family Residence
Full baths: 3.0
Off-market date: 2/28/21
Taxes: $5,102
Acres: 0.18
County: MONTGOMERY
Lot Size: 7,665
Updated: Nov 18, 2021 2:26 AM
Subdivision: CARROLL SPRINGS
Garages: 1
List Price: $698,900
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 1/13/21
Orig list price: $698,900
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Levels: 2
Sewer: Public Sewer
Construction Materials: Brick
Living Area Source: Assessor
Structure Type: Detached
Above Grade Finished Area Units: Square Feet
Lot Size Source: Assessor
Accessibility Features: None
Cooling: Central A/C
Tax Year: 2020
Lot Size Units: Square Feet
Basement: Fully Finished, Walkout Stairs
Cooling Fuel: Electric
Main Level Bedrooms: 3
Total Garage And Parking Spaces: 3
Exclusions: None
Below Grade Finished Area: 700
# Of Attached Garage Spaces: 1
Water Source: Public
Fireplaces Total: 1
Below Grade Finished Area Source: Assessor
Driveway Spaces: 2
Heating Fuel: Natural Gas
Special Listing Conditions: Standard
Hot Water: Natural Gas
Senior Community Yn: false
Style: ["Ranch/Rambler"]
Features
Heating: Forced Air
Tax Lot: 27
Zoning: R60
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Remarks Ready to Show! OPEN HOUSE TODAY! A stones throw away from Forest Glen Metro, walking distance to downtown Silver Spring and that metro, with all the shops and closeness to DC, what a listing! This home is a complete renovation & upgraded inside & out. Improvement examples for the outside of this amazing corner lot, 3 turns off the beltway, include a brand new roof, new doors, gutters, fascia, soTt, to tree work, landscaping, masonry outside among many other improvements. Seller went all in with the renovations from a brand new kitchen, cabinets, Sooring, Rxtures and into a fresh 3 season room with surround by windows & light. Beautiful re-invented and refurbished dark hardwoods upstairs have a super clean and safe feeling. All brush nickel Rxtures throughout, new bathrooms, including Sooring, Rxtures, showers, paint & lighting. This 5 bed, 3 full bath home combines brand new Silver Spring luxury living in a well built brick home for a large family or folks needing a lot of space to live, eat, sleep and work in a prime location minutes from the Georgia Ave exit! Pls use all COVID protocol when touring.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
2200 Westview Dr
2307 Westview Drive, Silver Spring, Maryland 20910
$689,000 CLOSED
MLS #MDMC739954
Silver Spring, MD 20910
2/26/21
5 Beds 3.0/0 Baths Year Built 1955
1,392 Sq. Ft. ($495 / sqft) Days on market: 12
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
2422 Seminary Rd $565,000 CLOSED
MLS #MDMC736922
Silver Spring, MD 20910
3 Beds 2.0/0 Baths Year Built 1940
1/12/21
1,500 Sq. Ft. ($377 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 1/13/21
Taxes: $5,292
Acres: 0.14
County: MONTGOMERY
Lot Size: 6,054
Updated: Sep 16, 2021 4:16 PM
Subdivision: MONTGOMERY HILLS
Garages: 1
List Price: $550,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 12/11/20
Orig list price: $550,000
Middle: SLIGO
Above Grade Finished Area Source: Assessor
Construction Materials: Brick
Inclusions: See Inclusions and Exclusions Form
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Laundry Type: Lower Floor
Tax Lot: 9
Cooling Fuel: Electric
Levels: 3
Accessibility Features: None
Tax Year: 2020
Exclusions: See Inclusions and Exclusions Form
Living Area Source: Assessor
Total Garage And Parking Spaces: 3
Below Grade Finished Area: 325
Fireplace Features: Wood
Lot Size Source: Assessor
Water Source: Public
Fireplaces Total: 1
Lot Size Units: Square Feet
Below Grade Finished Area Source: Assessor
Zoning: R60
Flooring: Hardwood, Carpet
# Of Attached Garage Spaces: 1
Driveway Spaces: 2
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Style: ["Colonial"]
Elementary: WOODLIN
Features
Basement: Partially Finished
Heating: Forced Air Hot Water: Natural Gas
Structure Type: Detached
Special Listing Conditions: Standard Senior Community Yn: false
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Remarks Welcome to 2422 Seminary Rd. This impressive turn-key Colonial home is located in highly sought-after Montgomery Hills Forest. This 3 Bedroom 2 Bathroom home has the perfect Soor plan for both relaxing and entertaining. The main level features a light-Rlled living room with wood burning Rreplace, a dining room with a view of the spacious backyard through a picture window, an all-season sunroom that opens to the deck, reRnished hardwood Soors throughout, freshly painted, updated open kitchen with granite countertops and stainless steel. The upper-level features three generously sized bedrooms and an updated bathroom. The lower level features a family room that could be extended to the unRnished section, access to the garage, full bathroom and the washer and dryer. This home is conveniently located close to Forest Glen Metro, schools, parks, dining, shopping, I-495, Downtown Silver Spring, and more. Do not miss an amazing opportunity to own this spectacular home!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
2422 Seminary Rd
2307 Westview Drive, Silver Spring, Maryland 20910
$565,000 CLOSED
MLS #MDMC736922
Silver Spring, MD 20910
1/12/21
3 Beds 2.0/0 Baths Year Built 1940
1,500 Sq. Ft. ($377 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
2504 Seminary Rd $549,000 CLOSED
MLS #MDMC2004278
Silver Spring, MD 20910
3 Beds 2.0/0 Baths Year Built 1933
8/11/21
1,540 Sq. Ft. ($356 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 8/14/21
Taxes: $6,205
Acres: 0.27
County: MONTGOMERY
Lot Size: 11,904
Updated: Oct 20, 2021 9:21 AM
Subdivision: MONTGOMERY HILLS
Garages: 1
List Price: $549,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 7/10/21
Orig list price: $549,000
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Living Area Source: Assessor
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Lot Size Source: Assessor
Tax Lot: 19
Lot Size Units: Square Feet
Accessibility Features: None
Cooling: Central A/C
Tax Year: 2020
Basement: Garage Access, Heated, Improved
Cooling Fuel: Electric
# Of Attached Garage Spaces: 1
Total Garage And Parking Spaces: 1
Below Grade Finished Area: 490
Water Source: Public
Heating: Forced Air
Room Type: Dining Room, Kitchen, Family Room, Sun/ Florida Room
Below Grade Finished Area Source: Assessor
Hot Water: Natural Gas
Special Listing Conditions: Standard
Levels: 3
Senior Community Yn: false
Style: ["Traditional"]
Features
Fireplaces Total: 1 Heating Fuel: Natural Gas
Structure Type: Detached
Zoning: R60
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Remarks Charming colonial within minutes of Forest Glen Metro and downtown Silver Spring. Fresh paint, updated Rxtures, new water heater and a remodeled basement in this cozy home. Enjoy hanging out on the back patio during the summer or curled up next to the Rreplace in the winter. Sunroom provides a great space to relax and unwind. Lovingly taken care of by owners who invite you to make this special place your own!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
2504 Seminary Rd
2307 Westview Drive, Silver Spring, Maryland 20910
$549,000 CLOSED
MLS #MDMC2004278
Silver Spring, MD 20910
8/11/21
3 Beds 2.0/0 Baths Year Built 1933
1,540 Sq. Ft. ($356 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
2116 Seminary Rd $665,000 CLOSED
MLS #MDMC2021912
Silver Spring, MD 20910
3 Beds 2.0/0 Baths Year Built 1939
12/13/21
1,302 Sq. Ft. ($511 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.17
Updated: Dec 13, 2021 4:07 PM
County: MONTGOMERY
Lot Size: 7,391
List Price: $649,900
Subdivision: MONTGOMERY HILLS
List date: 11/3/21
Orig list price: $649,900
Off-market date: 12/13/21
Taxes: $5,200
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Laundry Type: Basement, Washer In Unit, Dryer In Unit
Senior Community Yn: false
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Levels: 3
Structure Type: Detached
Accessibility Features: None
Cooling: Central A/C
Living Area Source: Assessor
Tax Lot: 17
Basement: Connecting Stairway, Fully Finished, Interior Access
Cooling Fuel: Electric
Lot Size Source: Assessor
Fireplaces Total: 1
Lot Size Units: Square Feet
Total Garage And Parking Spaces: 2
Foundation Details: Slab
Main Level Bedrooms: 1
Water Source: Public
Heating: Forced Air
Zoning: R60
Heating Fuel: Electric
Parking Features: Concrete Driveway
Hot Water: Natural Gas
Room Type: Basement
Style: ["Cape Cod"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Below Grade Finished Area: 408 Below Grade Finished Area Source: Assessor
Sewer: Public Sewer
Tax Year: 2021
Driveway Spaces: 2
Special Listing Conditions: Standard
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Remarks Make this your new home! This classic beauty has modern touches and an open main level Soor plan that is great for gathering with family and friends. Walk into the light Rlled living room with a cozy Rreplace and wall mounted TV that conveys. Rich hardwood Soors throughout the home. The kitchen, completely renovated in 2017 is wonderful for preparing gourmet meals. Bright white cabinets, quartz countertops, a farmhouse sink, and Rve burner gas stove make prepping and cooking a breeze. The kitchen opens to a lovely dining area that has window seating and cabinets for extra storage. Light Soods into this home from all rooms. The main level bedroom has two large sliding glass doors that open to the brick patio installed in 2020. The main level full bathroom was partially updated in 2021. The main level Sex space can be used as an oTce, play room or den, and also opens to the brick patio. The upper level hallway has three skylights and more Sex space. Rest and relax in the primary bedroom which has lots of closet space and hidden storage behind the middle doors. Natural light Sows into the crisp white hall bathroom from the skylight. The second bedroom completes the upper level. Renovated in 2020, the waterproofed full basement with tile Sooring can be used for many purposes. The separate laundry room has a washer/dryer, utility sink and room for storage. If you enjoy being outside, you will love the large fenced backyard and deck. The playground set added in 2020 conveys with the home. A large side mudroom is a perfect catchall for coats, messy shoes, garden supplies, or storage. Minutes to downtown Silver Spring, shopping, restaurants, Metro and I-495. COME TAKE A TOUR TODAY!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
2116 Seminary Rd
2307 Westview Drive, Silver Spring, Maryland 20910
$665,000 CLOSED
MLS #MDMC2021912
Silver Spring, MD 20910
12/13/21
3 Beds 2.0/0 Baths Year Built 1939
1,302 Sq. Ft. ($511 / sqft) Days on market: 7
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
2011 Lansdowne Way
Silver Spring, MD 20910
$605,000 CLOSED
3 Beds 3.0/0 Baths Year Built 1937
10/29/21
MLS #MDMC2015286 1,392 Sq. Ft. ($435 / sqft) Days on market: 27
Details Prop Type: Single Family Residence
Full baths: 3.0 Acres: 0.13
Updated: Oct 29, 2021 11:50 AM
County: MONTGOMERY
Lot Size: 5,574
List Price: $615,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: WOODSIDE KNOLLS
List date: 9/9/21
Orig list price: $615,000
High: ALBERT EINSTEIN
Off-market date: 10/29/21
Taxes: $5,464
Middle: SLIGO
Basement: Connecting Stairway, Heated, Improved, Partially Finished, Rear Entrance, Sump Pump, Walkout Stairs, Windows
Cooling: Central A/C, Window Unit(s)
Heating Fuel: Natural Gas
Cooling Fuel: Electric
Below Grade Finished Area: 400
Fencing: Fully
Interior Features: Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Floor Plan Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting, Walk-in Closet(s), Wood Floors
Style: ["Tudor"]
Elementary: WOODLIN
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet Construction Materials: Brick, Wood Siding
Door Features: Sliding Glass Fireplace Features: Brick, Fireplace - Glass Doors, Wood Fireplaces Total: 1 Flooring: Hardwood, Ceramic Tile Foundation Details: Block
Hot Water: Electric
Heating: Forced Air
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
Laundry Type: Lower Floor, Basement Levels: 3 Living Area Source: Assessor
2307 Westview Drive, Silver Spring, Maryland 20910
Lot Size Units: Square Feet
Tax Lot: 7
Main Level Bedrooms: 2
Special Listing Conditions: Standard
Other Structures: Shed
Senior Community Yn: false
Virtual Tour: View
Patio And Porch Features: Deck(s), Porch(es)
Sewer: Public Sewer
Water Source: Public
Structure Type: Detached
Zoning: R60
Lot Size Source: Assessor
Tax Year: 2021
Remarks Charming Tudor ideally located in Woodside Knolls just inside of the beltway and blocks to the Metro. Home opens to light and bright living room with beautiful newly reRnished wood Soors and wood burning Rreplace. Kitchen is large with eat in space, lots of white cabinetry and access to double exterior decks located in the rear of the home. Main level also boasts spacious formal dining room, 2 bedrooms and full bath. Amazing upper level primary suite offers enough space for a bedroom, oTce/desk space, full bathroom and loads of storage. Lower level offers recreation space, full bath, storage/ utility area and access to rear yard via walk up stairwell. Property is beautifully landscaped and fully fenced with shed storage in backyard and two decks - offering space for a dining table and casual exterior lounge area. Conveniently located - just blocks to Forest Glen Metro station, I-495 and Montgomery Hills Park. Less than 1/2 mile to shopping, and dining on Georgia Avenue and easy access to Downtown Silver Spring. Recent improvements include: Main level Soors reRnished (2021), Main level painted (2021), HVAC (2019), Hot water heater (2017); Washer/Dryer (2016). Wonderful opportunity to own in this amazing location.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
2011 Lansdowne Way $605,000 CLOSED
10/29/21
2307 Westview Drive, Silver Spring, Maryland 20910 Silver Spring, MD 20910
3 Beds 3.0/0 Baths Year Built 1937
MLS #MDMC2015286 1,392 Sq. Ft. ($435 / sqft) Days on market: 27
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
2004 Osborn Dr $645,000 CLOSED
MLS #MDMC2003736
Silver Spring, MD 20910
4 Beds 2.0/1.0 Baths Year Built 1938
8/10/21
1,445 Sq. Ft. ($446 / sqft) Days on market: 12
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.13
Updated: Oct 1, 2021 5:02 PM
County: MONTGOMERY
Lot Size: 5,610
List Price: $645,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: WOODSIDE HILLS
Garages: 1
Orig list price: $645,000
High: ALBERT EINSTEIN
List date: 7/8/21
Taxes: $4,957
Middle: SLIGO
Style: ["Tudor"] Full baths: 2.0
Elementary: WOODLIN
Off-market date: 8/10/21
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Living Area Source: Assessor
Structure Type: Detached
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick, Combination
Lot Size Source: Assessor
Tax Year: 2020
Lot Size Units: Square Feet
Accessibility Features: None
Cooling: Central A/C
Main Level Bedrooms: 2
Total Garage And Parking Spaces: 3
Basement: Fully Finished, Walkout Stairs
Cooling Fuel: Natural Gas
# Of Detached Garage Spaces: 1
Virtual Tour: View
Below Grade Finished Area: 480
Heating: Forced Air
Zoning: R60
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Special Listing Conditions: Standard
Hot Water: Natural Gas
Senior Community Yn: false
Levels: 3
Sewer: Public Sewer
Fireplaces Total: 2
Tax Lot: 6
Water Source: Public Driveway Spaces: 2
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Remarks Welcome home! Classic Tudorelevation-style single family home. Elegantly updated. Renovated kitchen boasts new beautifulwhite 42" cabinets, stainless steel appliances, marbled granite, and LVP Soors. The main Soor features arched cased openings, hardwood Soors, turnkey light Rxtures, a formal dining area with an open kitchen, and a graciously-sized living area with a wood-burning mantledRreplace. Updated bathroom with turnkey vanity and light Rxtures, 2 large bedrooms, and a sweet screened-in porch with electricity. The upper level offers a updated master ensuite with hardwood Soors and a 4th bedroom used as an oTce with LVP Sooring. Fully Rnished lower-level with a half bath, high ceilings, wood-burning mantled Rreplace with walk-up access, and a large laundry room. Private backyard with lots of shade, gated and fenced with a charming deck. Spacious one-car detached garage for your car and plenty of storage space for bikes/ kayaks or a great hobby workshop. Short distance to Forest Glen Metro, I-495, andMontgomery Hills Park. Close to lots of shopping and dining too. 80/100 walk score!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
2004 Osborn Dr
2307 Westview Drive, Silver Spring, Maryland 20910
$645,000 CLOSED
MLS #MDMC2003736
Silver Spring, MD 20910
8/10/21
4 Beds 2.0/1.0 Baths Year Built 1938
1,445 Sq. Ft. ($446 / sqft) Days on market: 12
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
23
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
9500 Riley Rd $682,500 CLOSED
MLS #MDMC747218
Silver Spring, MD 20910
3 Beds 2.0/1.0 Baths Year Built 1949
5/4/21
1,410 Sq. Ft. ($484 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.14
Updated: May 4, 2021 8:02 PM
County: MONTGOMERY
Lot Size: 6,062
List Price: $682,500
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: WOODSIDE HILLS
List date: 3/19/21
Orig list price: $549,500
High: ALBERT EINSTEIN
Off-market date: 5/4/21
Taxes: $4,999
Middle: SLIGO
Above Grade Finished Area Source: Assessor
Below Grade Finished Area: 180
Fireplaces Total: 1
Lot Size Source: Assessor
Flooring: Hardwood
Lot Size Units: Square Feet
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Heating: Forced Air
Main Level Bedrooms: 1
Accessibility Features: None
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Roof: Composite
Hot Water: Natural Gas
Style: ["Cape Cod"]
Elementary: WOODLIN
Full baths: 2.0
Features
Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer Basement: Fully Finished, Full, Outside Entrance, Side Entrance, Workshop
Construction Materials: Brick
Interior Features: Wood Floors
Cooling: Central A/C
Laundry Type: Basement
Cooling Fuel: Electric
Levels: 3
Room Type: Living Room, Dining Room, Sitting Room, Bedroom 2, Kitchen, Family Room, Den, Bedroom 1, Recreation Room, Storage Room, Workshop
Direction Faces: North
Living Area Source: Assessor
Special Listing Conditions: Standard
Fireplace Features: Wood
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Senior Community Yn: false
Tax Lot: 7
View: Park/Greenbelt
Window Features: Insulated
Sewer: Public Sewer
Tax Year: 2020
Virtual Tour: View
Zoning: R60
Structure Type: Detached
Total Garage And Parking Spaces: 1
Water Source: Public
Driveway Spaces: 1
Remarks WALK EVERYWHERE Location -3 blocks to the Bridge to the Subway, 2 to Sniders, CVS, Aldi et al. Owner says, "73 years is enough lets Sell!" This Cape is clean and happy. Several additions have greatly expanded the livability of this home. 3 levels of addition include family room, greenhouse, sitting rooms to the upstairs bedrooms, and ton of space in the basement. OUTSIDE: the greenhouse seedlings have furnished Sowers, vegetables and herbs for the extensive raised beds for decades. There is a 'Hansel/Gretel' Lg brick garden shed that enchants. The private garden is enclosed with privacy hedges - it is a world apart even though it backs to a park with Tennis courts and playground. This home lives well and comfortably today while looking pretty much as it did decades ago. CONTRACTS REVIEWED WED (3/24) EVENING.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
9500 Riley Rd
2307 Westview Drive, Silver Spring, Maryland 20910
$682,500 CLOSED
MLS #MDMC747218
Silver Spring, MD 20910
5/4/21
3 Beds 2.0/1.0 Baths Year Built 1949
1,410 Sq. Ft. ($484 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
2011 Osborn Dr $682,500 CLOSED
MLS #MDMC739280
Silver Spring, MD 20910
3 Beds 3.0/0 Baths Year Built 1937
2/23/21
1,891 Sq. Ft. ($361 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Full baths: 3.0 Acres: 0.12
Updated: Oct 2, 2021 10:02 AM
County: MONTGOMERY
Lot Size: 5,225
List Price: $649,900
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: WOODSIDE KNOLLS
List date: 1/14/21
Orig list price: $649,900
Elementary: WOODLIN
Off-market date: 2/23/21
Taxes: $5,499
Above Grade Finished Area Source: Estimated
Below Grade Finished Area: 722
Fireplace Features: Brick
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Flooring: Hardwood, Other
Accessibility Features: Other
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Style: ["Tudor"]
Features
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stove, Washer Basement: Connecting Stairway, Full, Fully Finished, Walkout Stairs, Other
Construction Materials: Brick, Stone
Fireplaces Total: 1 Heating: Forced Air Hot Water: Natural Gas
Interior Features: Carpet, Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Recessed Lighting, Cedar Closet(s), Ceiling Fan(s), Skylight(s), Upgraded Countertops, Walkin Closet(s), Wood Floors, Other
Cooling: Central A/C
Levels: 3
Cooling Fuel: Electric
Living Area Source: Estimated
Exterior Features: Extensive Hardscape, Bump-outs Fencing: Fully, Rear, Wood
Lot Features: Front Yard, Level, Rear Yard, SideYard(s)
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
27
Comparative Market Analysis
Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 2 Other Structures: Shed Patio And Porch Features: Brick, Patio(s), Screened Property Condition: Very Good
2307 Westview Drive, Silver Spring, Maryland 20910
Room Type: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Other, Utility Room, Bathroom 1, Bathroom 2, Bathroom 3, Bonus Room, Screened Porch
Special Listing Conditions: Standard
Water Source: Public Zoning: R60
Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 7 Tax Year: 2020 Virtual Tour: View
Remarks Welcome home to this picturesque tudor cottage in desirable Woodside Knolls; the perfect combination of urban and suburban living. This lovingly maintained and renovated home features a delightful screened porch overlooking gardens that feature a brick patio. The main Soor boasts a sundrenched living room with a wood burning Rreplace and access to a screened porch; a formal dining room with built-in; kitchen that features granite countertops and opens to the sunroom; additionally two bedrooms and a full bathroom. Upstairs is the owner's suite with ample closet space, including a walk-in cedar closet, an updated en suite bath, and additional space that could be used for a workspace, play area, or nursery. The Rnished lower level features a family room; full bath; workout room or home oTce; laundry; and lots of storage space. Ideally located, within a half mile to metro, Snider's Grocery, ALDIs, playground/parks, restaurants, shops, and so close to 495 and nearby trails. Improvements: Hot water heater (2020), chimney lining (2020), HVAC (2019), refrigerator & dishwasher (2017), washer/dryer (2015).
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
28
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
9501 2 Nd Ave $630,000 PENDING
MLS #MDMC2021202
Silver Spring, MD 20910
3 Beds 1.0/0 Baths Year Built 1938
12/30/21
1,512 Sq. Ft. ($417 / sqft) Days on market: 35
Details Prop Type: Single Family Residence
Full baths: 1.0
Off-market date: 12/2/21
Taxes: $5,408
Acres: 0.13
County: MONTGOMERY
Lot Size: 5,507
Updated: Dec 2, 2021 6:26 AM
Subdivision: WOODSIDE HILLS
Garages: 1
List Price: $630,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 10/29/21
Orig list price: $630,000
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Hot Water: Natural Gas
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Accessibility Features: None
Cooling: Central A/C, Ceiling Fan(s)
Interior Features: Floor Plan Traditional, Wood Floors, Attic, Ceiling Fan(s), Dining Area, Formal/Separate Dining Room
Cooling Fuel: Electric
Laundry Type: Main Floor
Roof: Asphalt
Flooring: Hardwood
Levels: 2
Foundation Details: Brick/ Mortar, Stone
Living Area Source: Assessor
Special Listing Conditions: Standard
Furnished: No
Lot Size Source: Estimated
Sewer: Public Sewer
Heating: Central
Lot Size Units: Square Feet
Structure Type: Detached
Style: ["Colonial"]
Features
Appliances: Dryer, Microwave, Dishwasher, Refrigerator, Disposal, Washer, Exhaust Fan, Oven/ Range - Gas, Stainless Steel Appliances Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
# Of Attached Garage Spaces: 1 Patio And Porch Features: Deck(s), Terrace Property Condition: Very Good
Senior Community Yn: false
Tax Lot: 15
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
29
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Tax Year: 2021
Virtual Tour: View
Zoning: R60
Total Garage And Parking Spaces: 3
Water Source: Public
Driveway Spaces: 2
Remarks Welcome to this immaculate 3 bedroom and 1 bath home located in Silver Spring. This home makes a BEAUTIFUL Rrst impression with an oversized front yard, lush landscaping, and a line of trees. Inside youll be greeted with beautiful hardwood Sooring and a great Soorplan. The living area has plenty of space for entertaining and is separated from the dining and living areas with easy access to the kitchen. The kitchen is newly renovated with stainless steel appliances, ample counter, wooden cabinetry, and tile Sooring. All three bedrooms including the masters are located on the upper Soor with hardwood Soors all throughout. Doors from the kitchen lead out to the large deck overlooking the backyard. Ideally located, walkable to two metro stops, 495, parks, shopping, restaurants and much more. Make this home your private paradise by calling us today to schedule your tour!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
30
Comparative Market Analysis
9501 2 Nd Ave
2307 Westview Drive, Silver Spring, Maryland 20910
$630,000 PENDING
MLS #MDMC2021202
Silver Spring, MD 20910
12/30/21
3 Beds 1.0/0 Baths Year Built 1938
1,512 Sq. Ft. ($417 / sqft) Days on market: 35
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
31
Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Comparable Property Statistics S
8 Sold Listings LOWEST
$549,000
P
AVERAGE
$635,375
HIGH
$689,000
AVG PRICE / SQFT
AVG DOM
$433
10
AVG PRICE / SQFT
AVG DOM
$417
35
1 Pending Listings LOWEST
$630,000
AVERAGE
$630,000
HIGH
$630,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
33
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
Sold Property Analysis Averages
100.8%
Homes sold for an average of 100.8% of their list price.
10
Days on market
It took an average of 10 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
2200 Westview Dr
$698,900
$689,000
98.58%
12
$495
2422 Seminary Rd
$550,000
$565,000
102.73%
5
$377
2504 Seminary Rd
$549,000
$549,000
100.00%
5
$356
2116 Seminary Rd
$649,900
$665,000
102.32%
7
$511
2011 Lansdowne Way
$615,000
$605,000
98.37%
27
$435
2004 Osborn Dr
$645,000
$645,000
100.00%
12
$446
9500 Riley Rd
$549,500
$682,500
124.20%
6
$484
2011 Osborn Dr
$649,900
$682,500
105.02%
6
$361
$613,400
$635,375
103.58%
10
$433
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
34
Comparative Market Analysis
2307 Westview Drive, Silver Spring, Maryland 20910
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 Rnished with hardwood Soors 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 Sowers 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
35