______
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Nichelle Munoz AUGUST 26, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
What is a CMA No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the comparative market analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing - new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data Velds that are chosen. That means some features may not be included. As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional's knowledge and advice.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
2
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
BEDS
BATHS
155 Potomac Psge
-
S = CLOSED
A = ACTIVE
SQFT
PRICE
-
1,400
-
1
Subject
2
MDPG602616
S
155 Potomac Pssg #Ph04
2
2.0/1.0
1,407
$610,000
3
MDPG599818
S
155 Potomac Passage #704
2
2.0/0
1,352
$510,000
4
MDPG586596
S
155 Potomac #Ph15
2
2.0/0
1,411
$650,000
5
MDPG606426
S
155 Potomac #630
2
2.0/0
1,421
$630,000
6
MDPG609556
A
155 Potomac Psge #510
2
2.0/0
1,110
$449,000
7
MDPG575838
A
155 Potomac Passage #602
2
2.0/0
1,355
$569,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
155 Potomac Pssg #Ph04
7/16/21
2
2.0/1.0
1,407
$610,000
$434
155 Potomac Passage #704
5/18/21
2
2.0/0
1,352
$510,000
$377
12/31/20
2
2.0/0
1,411
$650,000
$461
6/30/21
2
2.0/0
1,421
$630,000
$443
1,397
$600,000
$429
155 Potomac #Ph15 155 Potomac #630
Averages
A
ACTIVE LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
155 Potomac Psge #510
-
2
2.0/0
1,110
$449,000
$405
155 Potomac Passage #602
-
2
2.0/0
1,355
$569,000
$420
1,232
$509,000
$412
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
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac Pssg #Ph04 $610,000 CLOSED
Oxon Hill, MD 20745
2 Beds 2.0/1.0 Baths Year Built 2008
7/16/21
MLS #MDPG602616 1,407 Sq. Ft. ($434 / sqft) Days on market: 34
Details Prop Type: Single Family Residence
Full baths: 2.0
List date: 5/12/21
Orig list price: $620,000
Half baths: 1.0
Off-market date: 7/19/21
Taxes: $6,858
County: PRINCE GEORGES
Acres: 0.01
Subdivision: ONE NATIONAL HARBOR CONDOMINIUM
Lot Size: 309
Updated: Jul 19, 2021 5:35 AM
Garages: 2
List Price: $620,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Association Name 2: One National Harbor Condominiums
Cooling: Central A/C
Levels: 2
Cooling Fuel: Electric Door Features: Storm
Living Area Source: Estimated
Entry Level: 2
Lot Size Source: Assessor
Below Grade Finished Area Units: Square Feet
Heating: Forced Air
Lot Size Units: Square Feet
Heating Fuel: Electric
Builder Model: The Merrimack
Hot Water: Electric
Parking Features: Assigned, Secure Parking
Style: ["Unit/Flat"]
Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: Level Entry - Main Appliances: Built-In Microwave, Refrigerator, Washer, Dryer, Oven/Range Electric, Disposal
Below Grade Finished Area Source: Assessor
Association Fee 2: 934
Community Pool Features: In Ground
Association Fee 2 Frequency: Monthly
Construction Materials: Block, Concrete
Inclusions: Parking Spaces #90 and #57 Interior Features: Walk-in Closet(s), Wood Floors Laundry Type: Lower Floor
Patio And Porch Features: Terrace, Balcony Pets Allowed: Size/Weight Restriction Property Condition: Excellent
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
Room Type: Living Room, Kitchen Special Listing Conditions: Standard
155 Potomac Passage, Oxon Hill, Maryland 20745
Security Features: 24 hour security, Smoke Detector, Resident Manager
Structure Type: Unit/Flat/ Apartment
Water Source: Public
Tax Year: 2021
Senior Community Yn: false
Total Garage And Parking Spaces: 2
Assigned Parking Space Number(S): 57, 90
Sewer: Public Sewer
Zoning: MXT
Parking Garage Spaces: 2
Remarks IF YOU ARE IN SEARCH OF A ROOM WITH A VIEW--THIS IS THE PENTHOUSE CONDO FOR YOU! ALL VIEWS OVERLOOK THE WATER! COME TAKE A LOOK AT THIS 2BR/2.5 BATH 2-LEVEL CONDO WITH A BALCONY PERFECT FOR ENTERTAINING AT SUNSET OR WATCHING FIREWORKS! ENJOY BLUE SKIES WITH BILLOWY CLOUDS OR WATCH THE STORM COME IN OVER THE POTOMAC RIVER WHILE LIVING ON THE TOP FLOOR OF THE MOST SOUGHT AFTER BUILDING IN THE HARBOR--COME LIVE AT THE PRESTIGIOUS ONE NATIONAL HARBOR CONDOMINIUM. AMENITIES INCLUDE A STATE-OF -ART FITNESS ROOM OVERLOOKING AMERICAN WAY FESTIVITIES; A MEZZANINE LEVEL CLUB ROOM WITH TERRACE FOR PEOPLE WATCHING IN THE MAIN HARBOR SQUARE. DON'T FORGET ABOUT THE ROOFTOP POOL OPENING THIS SUMMER, AND THE ROOFTOP TERRACE FOR MORE SCENIC VIEWS! A FULL-SERVICE CONCIERGE TO GREET YOUR GUESTS AND COORDINATE DELIVERIES FROM YOUR LOCAL SHOPPING SPREES! NOT MUCH OF A COOK? THERE'S A WIDE SELECTION OF RESTAURANTS AND NIGHT LIFE AT THE NEARBY MGM STUDIOS! ROARRRR!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac Pssg #Ph04 $610,000 CLOSED
7/16/21
Oxon Hill, MD 20745
2 Beds 2.0/1.0 Baths Year Built 2008
MLS #MDPG602616 1,407 Sq. Ft. ($434 / sqft) Days on market: 34
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac Passage #704 $510,000 CLOSED
National Harbor, MD 20745
2 Beds 2.0/0 Baths Year Built 2008
5/18/21
MLS #MDPG599818 1,352 Sq. Ft. ($377 / sqft) Days on market: 32
Details Prop Type: Single Family Residence
Full baths: 2.0 Lot Size:
Updated: May 18, 2021 12:11 PM
County: PRINCE GEORGES
Garages: 2
List Price: $524,777
Subdivision: NATIONAL HARBOR
List date: 3/14/21
Orig list price: $524,777
Off-market date: 5/18/21
Taxes: $6,858
Above Grade Finished Area Source: Assessor
Association Fee 2 Frequency: Monthly
Building Name : ONE NATIONAL HAR
Living Area Source: Assessor
Above Grade Finished Area Units: Square Feet
Association Fee Includes: Common Area Maintenance, Water, Sewer, Recreation Facility, Management, Ext Bldg Maint, Trash, Snow Removal, Health Club, Pool(s)
Construction Materials: Concrete
Main Level Bedrooms: 2
Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet
Style: ["Traditional"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Accessibility Features: Elevator, Level Entry - Main Association Amenities: Fitness Center, Pool Outdoor, Common Grounds, Recreational Center, Meeting Room, Party Room, Concierge, Elevator, Exercise Room, Security Association Fee 2: 925
Cooling: Central A/C
# Of Attached Garage Spaces: 2
Cooling Fuel: Electric
Number Of Units Total: 1
Entry Level: 7
Parking Features: Assigned
Heating: Forced Air Heating Fuel: Electric
Special Listing Conditions: Standard
Hot Water: Electric
Senior Community Yn: false
Levels: 1
Sewer: Public Sewer Structure Type: Unit/Flat/ Apartment
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Tax Year: 2020
Water Source: Public
Total Garage And Parking Spaces: 2
Zoning: MXT
Assigned Parking Space Number(S): 130, 256
Remarks Proudly presenting what just may be one of the Vnest condos in all of One National Harbor. Tastefully updated throughout, providing a turn key experience for peace of mind. Thoughtful custom storage solutions make the 1,352 sq. ft., 2 BR + Den / 2 BA, layout feel even bigger. The den offers a WFH solution Vt for the C-suite, with views of the Washington Monument from its Juliet balcony. Conveniently positioned amidst all that National Harbor has to offer, as Maryland poises for reopening. Move in today and live the life that you've always dreamed about.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac Passage #704 $510,000 CLOSED
5/18/21
National Harbor, MD 20745
2 Beds 2.0/0 Baths Year Built 2008
MLS #MDPG599818 1,352 Sq. Ft. ($377 / sqft) Days on market: 32
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac #Ph15
Oxon Hill, MD 20745
$650,000 CLOSED
2 Beds 2.0/0 Baths Year Built 2008
12/31/20
MLS #MDPG586596 1,411 Sq. Ft. ($461 / sqft) Days on market: 16
Details Prop Type: Single Family Residence
Full baths: 2.0 Lot Size:
Updated: Apr 6, 2021 5:46 PM
County: PRINCE GEORGES
Garages: 2
List Price: $670,000
Subdivision: ONE NATIONAL HARBOR CONDOMINIUM
List date: 11/7/20
Orig list price: $670,000
Off-market date: 1/1/21
Taxes: $7,750
Association Fee 2: 925
Building Name : ONE NATIONAL HAR
Living Area Source: Assessor
Construction Materials: Brick
Main Level Bedrooms: 2
Cooling: Central A/C
Parking Features: Assigned
Cooling Fuel: Electric
Room Type: Den
Entry Level: 10 Heating: Central
Special Listing Conditions: Standard
Below Grade Finished Area Source: Assessor
Heating Fuel: Electric
Senior Community Yn: false
Hot Water: Electric
Sewer: Public Sewer
Below Grade Finished Area Units: Square Feet
Levels: 1
Structure Type: Penthouse Unit/Flat/Apartment
Style: ["Contemporary"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Elevator Association Amenities: Billiard Room, Club House, Concierge, Convenience Store, Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Party Room, Pool - Outdoor, Security
Association Fee 2 Frequency: Monthly Association Fee Includes: Pool(s), Parking Fee, Ext Bldg Maint, Management, Recreation Facility, Reserve Funds, Snow Removal, Trash, Water
Number Of Units Total: 1
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Tax Year: 2020
Water Source: Public
Total Garage And Parking Spaces: 2
Zoning: MXT
Assigned Parking Space Number(S): 170 & 183 Parking Garage Spaces: 2
Remarks Welcome to the National Harbor. This stunning and spacious 2 Bedroom with Den and 2 Bathroom Penthouse features a beautiful kitchen with stainless steel appliances. It boasts waterfront views of the Potomac River. The gorgeous bedrooms are conveniently separated on each side of the apartment. Each complete with beautiful bathrooms and walk in closets. The den is perfect for a home oXce, nursery, or entertainment room. The building features on site professional management, a building concierge, Vtness facility, resident lounge, and rooftop pool with panoramic views of the Potomac River and DC. One National Harbor condominium is surrounded by countless restaurants and bars including Starbucks, Tangier Outlets, Crab Cake Cafe, and Redstone American Grill just to name a few. This highly sought after luxurious Penthouse will not last.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
155 Potomac #Ph15
155 Potomac Passage, Oxon Hill, Maryland 20745 Oxon Hill, MD 20745
$650,000 CLOSED
12/31/20
2 Beds 2.0/0 Baths Year Built 2008
MLS #MDPG586596 1,411 Sq. Ft. ($461 / sqft) Days on market: 16
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac #630 $630,000 CLOSED
MLS #MDPG606426
Oxon Hill, MD 20745
2 Beds 2.0/0 Baths Year Built 2008
6/30/21
1,421 Sq. Ft. ($443 / sqft) Days on market: 12
Details Prop Type: Single Family Residence
Full baths: 2.0 Lot Size:
Updated: Jul 8, 2021 6:01 AM
County: PRINCE GEORGES
List date: 5/14/21
List Price: $645,000
Subdivision: ONE NATIONAL HARBOR CONDOMINIUM
Off-market date: 6/30/21
Orig list price: $645,000
Taxes: $6,858 School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Assoc Fee: $909
Style: ["Contemporary"]
Features Above Grade Finished Area Source: Assessor
Association Fee Frequency: Monthly
Cooling Fuel: Electric Entry Level: 6
Living Area Source: Assessor
Above Grade Finished Area Units: Square Feet
Association Fee Includes: Pool(s)
Heating: Heat Pump(s)
Main Level Bedrooms: 2
Below Grade Finished Area Source: Assessor
Heating Fuel: Electric
Number Of Units Total: 1
Accessibility Features: None
Hot Water: Electric
Parking Features: Assigned
Interior Features: Sprinkler System, Wood Floors, Carpet, Upgraded Countertops, Combination Kitchen/Living, Kitchen - Island, Pantry, Primary Bath(s)
Special Listing Conditions: Standard
Appliances: Built-In Microwave, Dishwasher, Stove, Refrigerator, Washer, Dryer Association Amenities: Community Center, Exercise Room, Recreational Center
Below Grade Finished Area Units: Square Feet Building Name : ONE NATIONAL HAR Construction Materials: Brick Cooling: Central A/C
Levels: 1
Senior Community Yn: false Sewer: Public Sewer Structure Type: Unit/Flat/ Apartment Tax Year: 2021
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
Virtual Tour: View
155 Potomac Passage, Oxon Hill, Maryland 20745
Water Source: Public
Zoning: MXT
Remarks Rarely available 2 bedroom 2 bath with a den home in One National Harbor. Among one of the largest units in the building, it features designer Vnishes, soaring windows, huge custom closets & phenomenal newly remodeled open living space. The gourmet kitchen has granite countertops, new refrigerator, range, oven, dishwasher and microwave. Steps away from starbucks, dozens of restaurants, shops, the waterfront, the MGM casino & everything else National Harbor has to offer. Amenities include garage parking, Vtness center, rooftop pool and terrace with breathtaking views of the Potomac, community club room, concierge and much more. Many community events daily/weekly for owners and guests makes living here VERY fun. Conveniently located off 495 and just minutes away from downtown DC, Alexandria, military bases, airports and other points in northern VA and MD. Dont miss this opportunity to live in luxury!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
155 Potomac #630
155 Potomac Passage, Oxon Hill, Maryland 20745
$630,000 CLOSED
MLS #MDPG606426
Oxon Hill, MD 20745
6/30/21
2 Beds 2.0/0 Baths Year Built 2008
1,421 Sq. Ft. ($443 / sqft) Days on market: 12
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac Psge #510 $449,000 ACTIVE
National Harbor, MD 20745
2 Beds 2.0/0 Baths Year Built 2008
7/6/21
MLS #MDPG609556 1,110 Sq. Ft. ($405 / sqft) Days on market: 43
Details Prop Type: Single Family Residence
Style: ["Transitional", "Unit/ Flat"]
List date: 7/6/21
Taxes: $6,858
County: PRINCE GEORGES
Full baths: 2.0
Updated: Aug 16, 2021 8:53 PM
Lot Size:
List Price: $449,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Subdivision: NATIONAL HARBOR
Garages: 2
Orig list price: $449,000
Association Amenities: Elevator, Concierge, Fitness Center, Party Room, Pool Outdoor, Security, Other
Association Name 2: One National Harbor Condominium
Construction Materials: Brick, Concrete
Association Fee 2: 654
Below Grade Finished Area Source: Assessor
Cooling Fuel: Electric
Association Fee 2 Frequency: Monthly
Below Grade Finished Area Units: Square Feet
Association Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Insurance, Lawn Maintenance, Pool(s), Reserve Funds, Trash, Water
Builder Model: 2 Bedroom 2 Bath Corner
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Doors - Lever Handle(s) Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Microwave, Refrigerator, Washer, Stainless Steel Appliances
Cooling: Central A/C Door Features: Sliding Glass, Insulated Elevators Count: 4 Entry Level: 5
Builder Name: NH-L Residential
Flooring: Hardwood, Ceramic Tile, Carpet
Building Name : ONE NATIONAL HAR
Foundation Details: Concrete Perimeter Furnished: No
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Heating: Central, Heat Pump(s)
Living Area Source: Assessor
Heating Fuel: Electric, Central
Main Level Bedrooms: 2
Hot Water: Electric
# Of Attached Garage Spaces: 2
Interior Features: Flat, Floor Plan - Open, Walk-in Closet(s), Upgraded Countertops, Window Treatments, Wood Floors, Tub Shower
Number Of Units Total: 1
Laundry Type: Dryer In Unit, Washer In Unit
Pets Allowed: Number Limit, Breed Restrictions, Size/ Weight Restriction
Levels: 1
Parking Features: Limited Common Elements, Lighted Parking, Parking Fee, Parking Space Conveys, Secure Parking
Property Condition: Excellent Room Type: Living Room, Primary Bedroom, Kitchen, Foyer, Bedroom 1, Bathroom 1, Primary Bathroom Special Listing Conditions: Standard Security Features: Exterior Cameras, Desk in Lobby, Fire Detection System, Intercom, Main Entrance Lock, Smoke Detector, Resident Manager, Sprinkler System - Indoor Senior Community Yn: false
Structure Type: Unit/Flat/ Apartment Tax Year: 2020 Total Garage And Parking Spaces: 2 Utilities: Cable TV Available, Electric Available, Phone Available, Under Ground View: River, Street Water Source: Public Window Features: Double Pane, Insulated, Screens Zoning: MXT
Sewer: Public Sewer
Remarks Just Reduced! Don't miss this immaculately kept this 2 bedroom 2 bath corner residence that comes with TWO garage parking spaces. Spacious and bright with over 1,100+ sf of living space. This Woor plan faces both Fleet Street for an urban view and American Way for views of the water. Whether you're looking to make a purchase as your new primary, an investment property, or a vacation home, this home is it. Finishes include hardwood Wooring in the foyer, hallway and living room, 42"maple cabinets, granite countertops, eXcient appliances and more. Located in the Wagship condo building of National Harbor, this full service, concrete in construction building offers concierge service, on-site building property management, state of the art Vtness facility, a resident lounge, a rooftop pool and rooftop observatory deck with breathtaking views of the Potomac River, downtown DC and Old Town, Alexandria.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
155 Potomac Psge #510 $449,000 ACTIVE
7/6/21
155 Potomac Passage, Oxon Hill, Maryland 20745 National Harbor, MD 20745
2 Beds 2.0/0 Baths Year Built 2008
MLS #MDPG609556 1,110 Sq. Ft. ($405 / sqft) Days on market: 43
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac Passage #602 $569,000 ACTIVE
National Harbor, MD 20745
2 Beds 2.0/0 Baths Year Built 2008
9/22/20
MLS #MDPG575838 1,355 Sq. Ft. ($420 / sqft) Days on market: 305
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.01
Updated: Aug 17, 2021 2:11 AM
County: PRINCE GEORGES
Lot Size: 309
List Price: $569,000
Subdivision: ONE NATIONAL HARBOR CONDOMINIUM
Garages: 1
Orig list price: $598,000
List date: 9/22/20
Taxes: $7,750
Above Grade Finished Area Source: Assessor
Association Fee 2 Frequency: Monthly
Building Name : ONE NATIONAL HAR
Hot Water: Electric
Above Grade Finished Area Units: Square Feet
Association Fee Includes: Common Area Maintenance, Management, Pool(s), Sewer, Snow Removal, Trash, Water
Community Pool Features: Above Ground
Laundry Type: Washer In Unit, Dryer In Unit
Construction Materials: Brick
Levels: 7
Association Name 2: One National Harbor Condo
Cooling: Central A/C
Living Area Source: Assessor
Below Grade Finished Area Source: Assessor
Cooling Fuel: Electric
Lot Size Source: Assessor
Entry Level: 6
Lot Size Units: Square Feet
Flooring: Hardwood, Carpet
Main Level Bedrooms: 2
Heating: Central
Number Of Units Total: 1
Style: ["Contemporary"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Accessibility Features: None Appliances: Stainless Steel Appliances, Stove, Dishwasher, Disposal Association Amenities: Club House, Concierge, Elevator, Fitness Center, Pool Outdoor, Security
Below Grade Finished Area Units: Square Feet
Association Fee 2: 820
Interior Features: Bar, Carpet
Heating Fuel: Electric
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Parking Features: Assigned, Secure Parking, Parking Space Conveys
Rooms Total: 6
Utilities: Water Available
Special Listing Conditions: Standard
Virtual Tour: View
Patio And Porch Features: Terrace, Roof
Senior Community Yn: false
Pets Allowed: Size/Weight Restriction Property Condition: Excellent Room Type: Living Room, Kitchen, Den
Sewer: Public Septic
Water Access Features: Canoe/Kayak, Public Access, Sail, Boat - Powered
Structure Type: Unit/Flat/ Apartment
Water Body Name: Potomac River
Tax Year: 2019
Water Body Type: River
Total Garage And Parking Spaces: 1
Water Source: Filter, Public
Zoning Description: Residential Assigned Parking Space Number(S): 287 Parking Garage Spaces: 1
Zoning: MXT
Remarks We practice social distancing. Mask must be worn. Hand sanitizer and booties will be at the door. Live by the water and enjoy the best sunsets in the DMV area. Enjoy the Capitol wheel. Gorgeous Large 2 BR/2BTH with DEN and over 1300+ Sq ft and parking spot in building. Additional storage comes with the unit and plenty of upgrades. Stainless steel appliances with New convection oven, Side by Side refrigerator. New water Filtration faucet in MB. Upgraded Dishwasher and new Washer and Dryer with a steam unit. Huge walk-in closets and high ceilings in unit. Building has Concierge, club room with WiFi for work, Vtness center, roof top terrace and a pool. The Marina and Capitol wheel right outside your door. Restaurants, shops, the Gaylord Hotel, Tangier Outlet are in the neighborhood. Have your guest stay at the new Hyatt Hotel or the Wyndham next door. Metro-Rail and bus available. Located near Andrews, Bolling Air force Bases, and Reagan National Airport.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
155 Potomac Passage #602 $569,000 ACTIVE
9/22/20
National Harbor, MD 20745
2 Beds 2.0/0 Baths Year Built 2008
MLS #MDPG575838 1,355 Sq. Ft. ($420 / sqft) Days on market: 305
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
23
Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Comparable Property Statistics S
4 Sold Listings LOWEST
$510,000
A
AVERAGE
$600,000
HIGH
$650,000
AVG PRICE / SQFT
AVG DOM
$429
23
AVG PRICE / SQFT
AVG DOM
$412
174
2 Active Listings LOWEST
$449,000
AVERAGE
$509,000
HIGH
$569,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
Sold Property Analysis Averages
97.6%
Homes sold for an average of 97.6% of their list price.
23
Days on market
It took an average of 23 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
155 Potomac Pssg #Ph04
$620,000
$610,000
98.39%
34
$434
155 Potomac Passage #704
$524,777
$510,000
97.18%
32
$377
155 Potomac #Ph15
$670,000
$650,000
97.01%
16
$461
155 Potomac #630
$645,000
$630,000
97.67%
12
$443
$614,944
$600,000
97.57%
23
$429
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26
Comparative Market Analysis
155 Potomac Passage, Oxon Hill, Maryland 20745
The Value of Your Home In a neighborhood of similar homes, why is one worth more than another? That's the question that's teased buyers and sellers for ages, but the answer is simple. Every home is different When a home is sold, a willing seller and a willing buyer determine the value of that home with the sale price. That price then becomes a benchmark for other similar homes, but other factors come into play. The most important are:
Location The closer a home is to jobs, parks, transportation, schools, and community services, the more desirable it is.
Size Square footage impacts home value because a larger home is built using more materials, and gives the homeowner more usable space. And a larger lot size could mean more privacy than a smaller one.
Number of bedrooms and baths Additional bedrooms and bathrooms raise the value of a home compared to similar homes that do not have those rooms.
Features and >nishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home Vnished with hardwood Woors and granite countertops is going to cost more than a home with carpet and laminate countertops.
Condition The closer a home is to new construction, the more it will retain its value. It's perceived as more modern, up to date, and perhaps safer. Homes that are not updated or in poor repair sell for less as purchasers' factor in the cost of updating and eventually replacing appliances and systems.
Curb appeal From the street, the home looks clean, fresh, and inviting. Fresh landscaping and Wowers won't change the size or location, but they certainly add charm. When two homes are identical in the same neighborhood, a higher price may come down to something as simple as views, paint colors, or the overall taste of the homeowner.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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