______
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
Marta Molina NOVEMBER 17, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
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 Uelds 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
9304 Washington Boulevard, Lanham, Maryland 20706
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
BEDS
BATHS
9304 Washington Blvd
-
-
P = ACTIVE UNDER CONTRACT
SQFT
PRICE
1,027
-
1
Subject
2
MDPG604310
S
5932 89 Th Pl
4
2.0/0
950
$370,000
3
MDPG2000700
S
9117 6 Th St
4
2.0/0
1,341
$379,000
4
MDPG2012504
S
6211 Westbrook Dr
5
2.0/0
1,365
$389,900
5
MDPG603312
S
9605 Woodberry St
6
2.0/1.0
1,784
$410,000
6
MDPG2002916
S
8512 Oglethorpe St
4
2.0/0
1,365
$385,000
7
MDPG2010878
P
9126 Lanham Severn Rd
5
2.0/0
1,332
$399,999
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
5932 89 Th Pl
6/7/21
4
2.0/0
950
$370,000
$389
9117 6 Th St
9/8/21
4
2.0/0
1,341
$379,000
$283
6211 Westbrook Dr
11/5/21
5
2.0/0
1,365
$389,900
$286
9605 Woodberry St
6/11/21
6
2.0/1.0
1,784
$410,000
$230
8512 Oglethorpe St
8/30/21
4
2.0/0
1,365
$385,000
$282
1,361
$386,780
$294
Averages
P
ACTIVE UNDER CONTRACT LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
9126 Lanham Severn Rd
11/15/21
5
2.0/0
1,332
$399,999
$300
1,332
$399,999
$300
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
9304 Washington Boulevard, Lanham, Maryland 20706
5932 89 Th Pl $370,000 CLOSED
MLS #MDPG604310
New Carrollton, MD 20784
4 Beds 2.0/0 Baths Year Built 1958
6/7/21
950 Sq. Ft. ($389 / sqft) Days on market: 11
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.14
Updated: Jun 10, 2021 3:41 PM
County: PRINCE GEORGES
Lot Size: 5,929
List Price: $355,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Subdivision: NEW CARROLLTON
List date: 4/24/21
Orig list price: $355,000
High: DUVAL
Off-market date: 6/7/21
Taxes: $5,454
Middle: CHARLES CARROLL
Above Grade Finished Area Source: Assessor
Construction Materials: Brick, Aluminum Siding
Roof: Asphalt
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Interior Features: Attic, Combination Kitchen/Dining, Kitchen - Eat-In
Rooms Total: 6
Accessibility Features: None
Door Features: Storm
Laundry Type: Basement, Dryer In Unit, Washer In Unit
Style: ["Cape Cod"]
Elementary: LAMONT
Features
Cooling Fuel: Electric
Levels: 2
Special Listing Conditions: Standard
Furnished: No
Living Area Source: Estimated
Senior Community Yn: false
Heating: Central
Lot Size Source: Assessor
Heating Fuel: Natural Gas
Lot Size Units: Square Feet
Hot Water: 60+ Gallon Tank
Main Level Bedrooms: 3
Basement: Other, Fully Finished
Flooring: Hardwood
Below Grade Finished Area: 550 Below Grade Finished Area Source: Estimated
Room Type: Additional Bedroom
Below Grade Finished Area Units: Square Feet
Property Condition: Very Good
Sewer: Public Sewer Structure Type: Detached Tax Lot: 20 Tax Year: 2020
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
Total Garage And Parking Spaces: 2
9304 Washington Boulevard, Lanham, Maryland 20706
Utilities: Electric Available, Natural Gas Available, Water Available
Water Source: Public
Zoning: R55
Window Features: Double Pane
Driveway Spaces: 2
Remarks Beautiful single family home in sought after New Carrollton neighborhood, featuring newly installed hardwood Voors, freshly painted . Please Note that the Roof is being Replaced and the Warranty will be transferred with the sale. Close to public transportation including Metro and local buses. Easy access to 495, Rte 50, and BW Parkway. SOLD AS IS **********DEADLINE FOR OFFERS MONDAY 3RD, MAY AT 6PM***************
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
5932 89 Th Pl
9304 Washington Boulevard, Lanham, Maryland 20706
$370,000 CLOSED
MLS #MDPG604310
New Carrollton, MD 20784
6/7/21
4 Beds 2.0/0 Baths Year Built 1958
950 Sq. Ft. ($389 / sqft) Days on market: 11
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
9117 6 Th St
9304 Washington Boulevard, Lanham, Maryland 20706
$379,000 CLOSED
MLS #MDPG2000700
Lanham, MD 20706
4 Beds 2.0/0 Baths Year Built 1959
9/8/21
1,341 Sq. Ft. ($283 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Acres: 0.27 Lot Size: 11,625
Updated: Oct 25, 2021 5:42 PM
County: PRINCE GEORGES
Garages: 2
List Price: $379,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Subdivision: HYNESBORO PARK
List date: 8/5/21
Orig list price: $379,000
High: DUVAL
Off-market date: 9/9/21
Taxes: $4,549
Middle: THOMAS JOHNSON
Cooling: Central A/C, Programmable Thermostat, Ceiling Fan(s)
Lot Size Source: Assessor
Structure Type: Detached
Lot Size Units: Square Feet
Tax Year: 2020
Main Level Bedrooms: 2
Total Garage And Parking Spaces: 8
Style: ["Cape Cod"]
Elementary: GAYWOOD
Full baths: 2.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet
Cooling Fuel: Electric
Accessibility Features: None
Fireplaces Total: 1
Below Grade Finished Area Source: Assessor
Heating: Forced Air
Below Grade Finished Area Units: Square Feet
Hot Water: Natural Gas
Construction Materials: Stucco
Heating Fuel: Natural Gas Levels: 2 Living Area Source: Assessor
# Of Detached Garage Spaces: 2 Parking Features: Paved Driveway
Water Source: Public Zoning: R55 Driveway Spaces: 6
Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
Remarks Welcome to your new home, a stylish Cape Cod that has been lovingly updated with fresh paint and brand new carpet, ready for the new owners to simply move in and make it their own. Step inside through the stained glass feature front door to discover a bright and open layout with gleaming hardwood Voors and a beautiful brick Ureplace for a cozy ambience. Imagine conversations or movie night with loved ones in the spacious living room, with a conveniently located outlet on the mantel for your large screen TV. There is a separate dining room set under a chandelier, and a wonderful kitchen with a gas range, a modern brushed nickel faucet with separate sprayer and butcher block type countertops for those who love to cook. The four bedrooms are all a great size, with the owners suite offering two spacious closets, and there are two full bathrooms to ensure plenty of room for everyone. Feel rest assured with a newer HVAC, a brand new washer and dryer, and an updated roof that was replaced 7 years ago. A large front and backyard provides plenty of space for outdoor enjoyment, as well as a storage shed for all your landscaping tools. The two-car detached garage with side entry door offers a long driveway for plenty of parking when guests are visiting, or park your boat or RV here and save on boarding fees. Need a separate oWce or large storage space? Check out the improved bonus room above the garage with new carpet. Situated on a quarter acre lot with mature trees, you'll love living in the Hynesboro Park community close to major highways leading to Goddard and Washington DC with nearby metro stations as an alternate choice for your commute to work.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
9117 6 Th St
9304 Washington Boulevard, Lanham, Maryland 20706
$379,000 CLOSED
MLS #MDPG2000700
Lanham, MD 20706
9/8/21
4 Beds 2.0/0 Baths Year Built 1959
1,341 Sq. Ft. ($283 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
6211 Westbrook Dr
New Carrollton, MD 20784
$389,900 CLOSED
5 Beds 2.0/0 Baths Year Built 1960
11/5/21
MLS #MDPG2012504 1,365 Sq. Ft. ($286 / sqft) Days on market: 23
Details Prop Type: Single Family Residence
Full baths: 2.0 Acres: 0.44
Updated: Nov 5, 2021 9:20 AM
County: PRINCE GEORGES
Lot Size: 19,330
List Price: $389,900
Subdivision: NEW CARROLLTON
List date: 9/20/21
Orig list price: $389,900
Off-market date: 11/5/21
Taxes: $5,988
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Senior Community Yn: false
Hot Water: Natural Gas
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick
Levels: 3
Structure Type: Detached
Accessibility Features: None
Cooling: Ceiling Fan(s), Central A/C
Living Area Source: Assessor
Tax Lot: 5
Lot Size Source: Assessor
Virtual Tour: View
Lot Size Units: Square Feet
Water Source: Public
Main Level Bedrooms: 2
Zoning: R55
Style: ["Cape Cod"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features
Basement: Connecting Stairway, Drainage System, Fully Finished, Improved, Interior Access, Outside Entrance, Rear Entrance, Sump Pump, Walkout Stairs, Windows, Other Below Grade Finished Area Source: Assessor
Cooling Fuel: Electric Exterior Features: Gutter System Fireplaces Total: 2 Foundation Details: Other, Block Heating: Forced Air
Tax Year: 2020
Patio And Porch Features: Deck(s) Special Listing Conditions: Standard
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
Remarks WELL MAINTAINED HOME-CLOSE TO NEW CARROLLTON METRO STATION-UPDATED KITCHEN CABINETS-COUNTER TOPS & SS APPLIANCES-HARDWOOD FLOORING THROUGHOUT-DINING AREA WITH BUILT IN SECTIONAL SOFA-NEWER ROOF-REPLACEMENT WINDOWS-WOOD BURNING FIREPLACE IN LIVING ROOM-FINISHED REC ROOM IN BASEMENT WITH A WOOD BURNING STOVE-SEPARATE THERMOSTATICALLY CONTROLLED ELECTRIC BASE BOARD HEATPOTENTIAL 5TH BEDROOM OR OFFICE/DEN PLUS SAUNA IN BASEMENT CONVEYS WITH HOUSE!! NO SELLER CONTINGENCY-CAN SETTLE IN 30-60 DAYS!!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
6211 Westbrook Dr
9304 Washington Boulevard, Lanham, Maryland 20706 New Carrollton, MD 20784
$389,900 CLOSED
11/5/21
5 Beds 2.0/0 Baths Year Built 1960
MLS #MDPG2012504 1,365 Sq. Ft. ($286 / sqft) Days on market: 23
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
9605 Woodberry St $410,000 CLOSED
MLS #MDPG603312
Lanham, MD 20706
6 Beds 2.0/1.0 Baths Year Built 1959
6/11/21
1,784 Sq. Ft. ($230 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Full baths: 2.0
List date: 4/22/21
Orig list price: $397,000
Half baths: 1.0
Off-market date: 6/15/21
Taxes: $4,486
County: PRINCE GEORGES
Acres: 0.28
Subdivision: LANHAM
Lot Size: 12,203
Updated: Jul 15, 2021 6:29 PM List Price: $397,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Style: ["Cape Cod"]
Features Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Hot Water: Electric
Senior Community Yn: false
Levels: 3
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick Front
Living Area Source: Assessor
Structure Type: Detached
Accessibility Features: None
Cooling: Central A/C
Lot Size Source: Assessor
Basement: Other
Cooling Fuel: Electric
Tax Year: 2020
Lot Size Units: Square Feet
Below Grade Finished Area Source: Assessor
Fireplaces Total: 1
Water Source: Public
Main Level Bedrooms: 3
Heating: Central
Zoning: R80
Special Listing Conditions: Standard
Heating Fuel: Natural Gas
Tax Lot: 3
Remarks This spacious home features 3 levels of living, 5 bedrooms/6 bedrooms, 2 1/2 bathrooms, living room, dining room,
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
awesome back yard with deck, off street parking with extended driveway!! In need of tender loving care!! Loads of space in this home, 3 bedrooms on main level, 2 bedrooms on upper level, possible 6th bedroom in lower level. Living room with natural light!!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
9605 Woodberry St
9304 Washington Boulevard, Lanham, Maryland 20706
$410,000 CLOSED
MLS #MDPG603312
Lanham, MD 20706
6/11/21
6 Beds 2.0/1.0 Baths Year Built 1959
1,784 Sq. Ft. ($230 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
8512 Oglethorpe St
New Carrollton, MD 20784
$385,000 CLOSED
4 Beds 2.0/0 Baths Year Built 1957
8/30/21
MLS #MDPG2002916 1,365 Sq. Ft. ($282 / sqft) Days on market: 3
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 8/31/21
Taxes: $5,609
Acres: 0.14
County: PRINCE GEORGES
Lot Size: 6,295
Updated: Sep 13, 2021 10:50 PM
Subdivision: CARROLLTON
List date: 7/8/21
List Price: $385,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Style: ["Cape Cod"]
Orig list price: $385,000
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Disposal, Dryer, Dryer - Gas, Extra Refrigerator/Freezer, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Basement: Connecting Stairway, Daylight, Full, Full, Heated, Improved, Outside Entrance, Rear Entrance, Shelving, Walkout Stairs, Windows
Cooling: Central A/C, Ceiling Fan(s)
Below Grade Finished Area: 1365
Entry Level: 1
Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Brick
Cooling Fuel: Electric Door Features: Insulated, Storm Exclusions: chair, table, lamp in living room Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Gutter System, Stone Retaining Walls Fencing: Decorative, Privacy, Rear, Wood
Fireplace Features: Brick, Fireplace - Glass Doors, Mantel(s), Insert, Gas/ Propane Fireplaces Total: 1 Flooring: Ceramic Tile, Carpet, Hardwood, Laminated, Partially Carpeted, Tile/Brick, Wood Foundation Details: Slab Furnished: No Heating: Forced Air, Programmable Thermostat Heating Fuel: Natural Gas
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
Hot Water: Natural Gas
Levels: 3
Inclusions: extra refrigerator in basement, shelving in laundry room, work bench in basement shop room
Living Area Source: Estimated
Interior Features: Attic, BuiltIns, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan Traditional, Formal/Separate Dining Room, Pantry, Recessed Lighting, Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors Laundry Type: Basement, Has Laundry, Lower Floor, Washer In Unit, Dryer In Unit
Lot Features: Front Yard, Landscaping, Rear Yard, SideYard(s), Trees/Wooded Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 2 Other Structures: Shed Patio And Porch Features: Deck(s), Patio(s) Pets Allowed: No Pet Restrictions Property Condition: Very Good Roof: Slate
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Bathroom 1, Bathroom 2 Special Listing Conditions: Standard Security Features: Carbon Monoxide Detector(s), Electric Alarm, Main Entrance Lock, Smoke Detector, Security System Senior Community Yn: false
Tax Year: 2020 Total Garage And Parking Spaces: 4 Utilities: Cable TV, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available Water Source: Public Window Features: Double Pane, Insulated, Screens Year Built Effective: 2021 Zoning: R55 Driveway Spaces: 4
Sewer: Public Sewer Structure Type: Detached Tax Lot: 14
Remarks This home has been loved and is looking for new owners to love it! Adorable brick Cape Cod. The home is larger inside than it looks from the front. Trust me. Come tour the interior. You will be proud to pull into the driveway. The professionally landscaped Vower beds, charming slate walk way... Beautiful curb appeal. NO HOA. HVAC and hot water heater are 2 years old. Natural Gas heat. Enter into a classic living room with gas Ure place and bay window. Separate dining room with built in shelving opens to the deck. Perfect for entertaining under the shade trees. Kitchen has newer stainless steel appliances and gas cooking. Two main level spacious bedrooms and a full bath. No carpet on the main or upper Voors. Upstairs, you will Und two charming bedrooms and another full bath. All bedrooms have ceiling fans. Both bathrooms have been updated with new vanities, counters, faucets and lighting. The lower level of the home is a Unished, daylight walk up basement. Tons of storage space. Nice open area for a family room and potential for a 5th bedroom if needed. Laundry room with tub sink, built in iron board, shelving and newer Samsung Smart care washer and gas dryer. Extra refrigerator in basement. Workshop room with bench in basement for projects. Head out to the back yard and decks. Yes, there is a multi level deck that is in beautiful shape and shaded by the mature trees. The landscaping is low maintenance. Most plants will come back every year on their own. Patios, walking paths and a big shed are all fenced in with a wooden privacy fence. It has gates to the front yard. Come see this lovely opportunity to own a great home steps from Metro station and bus service.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
8512 Oglethorpe St
9304 Washington Boulevard, Lanham, Maryland 20706 New Carrollton, MD 20784
$385,000 CLOSED
8/30/21
4 Beds 2.0/0 Baths Year Built 1957
MLS #MDPG2002916 1,365 Sq. Ft. ($282 / sqft) Days on market: 3
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
9126 Lanham Severn Rd $399,999 ACTIVE UNDER CONTRACT
Lanham, MD 20706
5 Beds 2.0/0 Baths Year Built 1944
11/15/21
MLS #MDPG2010878 1,332 Sq. Ft. ($300 / sqft) Days on market: 51
Details Prop Type: Single Family Residence
Style: ["Cape Cod"]
List date: 9/3/21
Orig list price: $404,999
Full baths: 2.0 Acres: 0.22
Updated: Oct 23, 2021 9:30 AM
Taxes: $4,149
County: PRINCE GEORGES
Lot Size: 9,520
List Price: $399,999
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Senior Community Yn: false
Hot Water: Natural Gas
Sewer: Public Sewer
Above Grade Finished Area Units: Square Feet
Construction Materials: Other
Levels: 3
Structure Type: Detached
Accessibility Features: Other
Cooling: Central A/C
Living Area Source: Assessor
Tax Lot: 15
Basement: Fully Finished, Outside Entrance, Rear Entrance
Cooling Fuel: Electric
Lot Size Source: Assessor
Fireplaces Total: 1
Water Source: Public
Lot Size Units: Square Feet
Foundation Details: Concrete Perimeter
Zoning: R55
Main Level Bedrooms: 1
Subdivision: HYNESBORO PARK
Features
Below Grade Finished Area Source: Assessor
Heating: Forced Air
Tax Year: 2020
Special Listing Conditions: Standard
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
Remarks Nice and Great Location!!!!!!!!!!!!!Close to 495, Shopping Malls and Public Transportation !!!!!!!! 3 Levels home with 5Bedrooms and 2 Full Baths >>>Fully Finished Basement with walkup entrance >>>Spacious Fenced Back yard and a Long Driveway >>>>Fresh Painted >>>.Separated Living Room and Dining Room >>>>Show it and Sell It
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
9126 Lanham Severn Rd $399,999 ACTIVE UNDER CONTRACT
Lanham, MD 20706
5 Beds 2.0/0 Baths 11/15/21
Year Built 1944
MLS #MDPG2010878 1,332 Sq. Ft. ($300 / sqft) Days on market: 51
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
9304 Washington Boulevard, Lanham, Maryland 20706
Comparable Property Statistics S
5 Sold Listings LOWEST
$370,000
P
AVERAGE
$386,780
HIGH
$410,000
AVG PRICE / SQFT
AVG DOM
$294
9
AVG PRICE / SQFT
AVG DOM
$300
51
1 Active Under Contract Listings LOWEST
$399,999
AVERAGE
$399,999
HIGH
$399,999
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
Sold Property Analysis Averages
101.5%
Homes sold for an average of 101.5% of their list price.
9
Days on market
It took an average of 9 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
5932 89 Th Pl
$355,000
$370,000
104.23%
11
$389
9117 6 Th St
$379,000
$379,000
100.00%
6
$283
6211 Westbrook Dr
$389,900
$389,900
100.00%
23
$286
9605 Woodberry St
$397,000
$410,000
103.27%
6
$230
8512 Oglethorpe St
$385,000
$385,000
100.00%
3
$282
$381,180
$386,780
101.47%
9
$294
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26
Comparative Market Analysis
9304 Washington Boulevard, Lanham, Maryland 20706
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 Unished with hardwood Voors 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 Vowers 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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