MarkComparativeetAnalysis 1124 Tiffany Rd, Silver Spring, MD 20904 Nestor Arze SEPTEMBER 6, 2022 Alex Mar tinez Group RE The Agency DC Metro
Map of Comparable Listings STATUS: S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 1124 Tiffany Rd 4 3.00 1,2342 MDMC2003820 S 1007 Downs Dr 4 3.00 2,250 $520,000 3 MDMC2004078 S 12113 New Hampshire Ave 6 2.00 2,193 $525,000 4 MDMC2044834 S 1219 Downs Dr 4 3.00 2,605 $575,000 5 MDMC2013632 S 1205 Downs Dr 5 3.00 2,824 $550,000 6 MDMC2015500 S 1216 Downs Dr 5 3.00 2,224 $525,000 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 2
Summar y of Comparable Proper ties S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 1007 Downs Dr 9/15/21 4 3.00 2,250 $520,000 $231 12113 New Hampshire Ave 12/20/21 6 2.00 2,193 $525,000 $239 1219 Downs Dr 6/8/22 4 3.00 2,605 $575,000 $221 1205 Downs Dr 10/15/21 5 3.00 2,824 $550,000 $195 1216 Downs Dr 10/28/21 5 3.00 2,224 $525,000 $236 Averages 2,419 $539,000 $224 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 3
1007 Downs Dr Silver Spring, MD 20904 MLS #MDMC2003820 $520,000 4 Beds 3.00 Baths 2,250 Sq. Ft. ($231 / sqft) CL OSED 9/15/21 Year Built 1962 Days on market: 18 Details Prop Type: Single Family Residence County: MONTGOMERY Subdivision: SPRINGBROOKEAST Style: ["Split Level"] Full baths: 3.0 Acres: 0.3 Lot Size (sqft): 13,177 List date: 7/20/21 Off-market date: 9/15/21 Updated: Aug 27, 2022 1:13 AM List Price: $499,999 Orig list price: $499,999 Taxes: $4,598 School District: MONTGOMERY COUNTY PUBLIC SCHOOLS Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: 2+ Access Exits Basement: Other Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet Construction Materials: Brick, Brick Front Cooling: Energy Star Cooling System Cooling Fuel: Electric Exterior Features: Awning(s), Play Area, Sidewalks Fencing: Fully Flooring: Hardwood, Ceramic Tile, Laminated Heating: Energy Star Heating System, Central Heating Fuel: Natural Gas Hot Water: Natural Gas Interior Features: Ceiling Fan(s), Combination Dining/ Living, Dining Area, Entr y Level Bedroom, Family Room Off Kitchen, Floor PlanOpen, Tub Shower, Upgraded Counter tops, Wood Floors Laundry Type: Has Laundr y, Lower Floor, Washer In Unit, Dryer In Unit Levels: 4 Living Area Source: Assessor Lot Features: Cleared, Front Yard, Landscaping, Rear Yard Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 2 Other Structures: Above Grade, Below Grade Parking Features: Asphalt Driveway Proper ty Condition: Very Good Special Listing Conditions: Standard Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 4
Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 6 Tax Year: 2020 Total Garage And Parking Spaces: 3 View: Trees/Woods, Street
Remarks
The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com
4th bedroom ceiling being completed. Seller prefers eastern title. Thank you! 1124 Tiffany Rd, Silver Spring, MD 20904
Water Source: Public Window Features: ENERGY STAR QualiQed, Double Pane, Low-E Zoning: R90 Driveway Spaces: 3
| Www.TheAgencyDC.com 5
Comparative Market Analysis
Alex Mar tinez Group RE
1007 Downs Dr Silver Spring, MD 20904 MLS #MDMC2003820 $520,000 4 Beds 3.00 Baths 2,250 Sq. Ft. ($231 / sqft) CL OSED 9/15/21 Year Built 1962 Days on market: 18 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 6
12113 New Hampshire Ave Silver Spring, MD 20904 MLS #MDMC2004078 $525,000 6 Beds 2.00 Baths 2,193 Sq. Ft. ($239 / sqft) CL OSED 12/20/21 Year Built 1962 Days on market: 123 Details Prop Type: Single Family Residence County: MONTGOMERY Subdivision: SPRINGBROOK VILLAGE Style: ["Ranch/Rambler "] Full baths: 2.0 Acres: 0.21 Lot Size (sqft): 9,188 List date: 8/2/21 Off-market date: 1/18/22 Updated: Jan 18, 2022 8:06 AM List Price: $500,000 Orig list price: $500,000 Taxes: $4,613 School District: MONTGOMERY COUNTY PUBLIC SCHOOLS High: SPRINGBROOK Middle: WHITE OAK Elementary: JACKSON ROAD Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: ENERGY STAR Clothes Washer, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Microwave, Oven/RangeElectric, Refrigerator, Washer/Dr yer Stacked, Water Heater Below Grade Finished Area: 891 Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet Construction Materials: Brick, Combination Cooling: Central A/C Cooling Fuel: Electric Heating: Energy Star Heating System Heating Fuel: Natural Gas Hot Water: Natural Gas Interior Features: Attic, Breakfast Area, Combination Dining/Living, Dining Area, Kitchen - Eat-In, KitchenTable Space, Primar y Bath(s), Upgraded Counter tops, Wood Floors Levels: 1 Living Area Source: Assessor Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 6 Other Structures: Above Grade, Below Grade Parking Features: Paved Driveway Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 9 Tax Year: 2021 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 7
Water Source: Public Zoning: R90 Remarks INVESTORS ALERT!
TOTAL RENTAL INCOME IS 3K PER MONTH! Proper ty shows great! New paint throughout, hardwood Roors recently reQnished, All new kitchen- including appliances, cabinets, granite counters! Master bedroom has its own bath room. All new replacement windows, new high eSciency furnace, new A/C, New electric panel. Only one mile to FDA campus! Plenty room for parking. Fully Qnished basement with complete renovation in 2019. New Roor, new appliances. Analysis 1124 Tiffany Rd, Silver Spring, MD 20904
Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com
Don't miss out! Comparative Market
| Www.TheAgencyDC.com 8
12113 New Hampshire Ave Silver Spring, MD 20904 MLS #MDMC2004078 Baths 2,193 Sq. Ft. ($239 / sqft) Days on market: 123 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 9
1219 Downs Dr Silver Spring, MD 20904 MLS #MDMC2044834 $575,000 4 Beds 3.00 Baths 2,605 Sq. Ft. ($221 / sqft) CL OSED 6/8/22 Year Built 1966 Days on market: 9 Details Prop Type: Single Family Residence County: MONTGOMERY Subdivision: SPRINGBROOKEAST Style: ["Split Foyer"] Full baths: 3.0 Acres: 0.32 Lot Size (sqft): 13,866 List date: 4/9/22 Off-market date: 6/9/22 Updated: Jun 9, 2022 7:51 PM List Price: $530,000 Orig list price: $530,000 Taxes: $4,753 School District: MONTGOMERY COUNTY PUBLIC SCHOOLS High: SPRINGBROOK Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Disposal, Dr yer - Front Loading, Dual Flush Toilets, Energy EScient Appliances, Exhaust Fan, Icemaker, Microwave, Oven/RangeGas, Refrigerator, WasherFront Loading Basement: Side Entrance, Fully Finished Below Grade Finished Area: 1219 Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Frame Cooling: Central A/C Cooling Fuel: Electric Fencing: Wood Fireplace Features: Fireplace - Glass Doors Fireplaces Total: 1 Foundation Details: Concrete Perimeter Green Water Conservation: Low-Flow Fixtures Heating: Thermostat,ProgrammableCentral Heating Fuel: Natural Gas Hot Water: Natural Gas Interior Features: Wainscotting Levels: 2 Living Area Source: Estimated Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 4 Other Structures: Above Grade, Below Grade Pets Allowed: No Pet Restrictions Roof: Composite Rooms Total: 4 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 10
Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer
Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com
Tax Lot: 17 Tax Year: 2021 Total Garage And Parking Spaces: 2 Water Source: Public Zoning: R90 Off Street Spaces: 2
You can stop your search right now! This single family home has a great kitchen w/GE SS appliances, granite counter + tons of 42" solid maple cabinets Rowing into a dining and living room that is per fect for gatherings. ReQnished hardwoods and wainscoting give this home amazing charm. Four HUGE bedrooms, 5th lower level room can be used as a home oSce or guest room; this room includes a reQnished closet space perfect for business professionals. Outside patio and Qreplace, great for enter taining! Located in the highly sought after Montgomer y County school district, this home will not last long. A MUST SEE! Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904
Comparative
Remarks
| Www.TheAgencyDC.com 11
Structure Type: Detached
1219 Downs Dr Silver Spring, MD 20904 MLS #MDMC2044834 $575,000 4 Beds 3.00 Baths 2,605 Sq. Ft. ($221 / sqft) CL OSED 6/8/22 Year Built 1966 Days on market: 9 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 12
1205 Downs Dr Silver Spring, MD 20904 MLS #MDMC2013632 $550,000 5 Beds 3.00 Baths 2,824 Sq. Ft. ($195 / sqft) CL OSED 10/15/21 Year Built 1962 Days on market: 20 Details Prop Type: Single Family Residence County: MONTGOMERY Subdivision: SPRINGBROOKEAST Style: ["Split Foyer"] Full baths: 3.0 Acres: 0.29 Lot Size (sqft): 12,731 List date: 8/28/21 Off-market date: 11/1/21 Updated: Aug 28, 2022 11:45 AM List Price: $550,000 Orig list price: $558,000 Taxes: $4,719 School District: MONTGOMERY COUNTY PUBLIC SCHOOLS High: SPRINGBROOK Middle: WHITE OAK Elementary: JACKSON ROAD Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Other Appliances: Dishwasher, Disposal, Washer, DryerElectric, Exhaust Fan, Oven/ Range - Electric, Refrigerator, Water Heater, Oven/RangeGas Basement: Connecting Stairway, Daylight, Par tial, Heated, Improved, Fully Finished Below Grade Finished Area: 1400 Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Brick Front, Other Cooling: Central A/C Cooling Fuel: Electric Exterior Features: Sidewalks, Street Lights Flooring: Hardwood, Carpet, Ceramic Tile Heating: Central Heating Fuel: Natural Gas Hot Water: Natural Gas Interior Features: Attic, BuiltIns, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Wood Floors Laundry Type: Basement Levels: 2 Living Area Source: Estimated Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 3 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 13
14
Comparative
Other Structures: Above Grade, Below Grade Patio And Porch Features: Porch(es), Screened, Deck(s) Pets Allowed: No Pet Restrictions Roof: Architectural Shingle Room Type: Living Room, Dining Room, Primar y Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Laundr y, OSce, Bathroom 2, Primar y Bathroom
Total Garage And Parking Spaces: 5 Water Source: Public Window Features: Screens Zoning: R90 Off Street Spaces: 3 Driveway Spaces: 2 Remarks No Description for this proper ty Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904
Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 10 Tax Year: 2021
Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com
1205 Downs Dr Silver Spring, MD 20904 MLS #MDMC2013632 $550,000 5 Beds 3.00 Baths 2,824 Sq. Ft. ($195 / sqft) CL OSED 10/15/21 Year Built 1962 Days on market: 20 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 15
1216 Downs Dr Silver Spring, MD 20904 MLS #MDMC2015500 $525,000 5 Beds 3.00 Baths 2,224 Sq. Ft. ($236 / sqft) CL OSED 10/28/21 Year Built 1966 Days on market: 23 Details Prop Type: Single Family Residence County: MONTGOMERY Subdivision: SPRINGBROOKEAST Style: ["Split Level"] Full baths: 2.0 Half baths: 1.0 Acres: 0.22 Lot Size (sqft): 9,615 List date: 9/9/21 Off-market date: 10/28/21 Updated: Nov 17, 2021 6:51 AM List Price: $519,000 Orig list price: $540,000 Taxes: $4,599 School District: MONTGOMERY COUNTY PUBLIC SCHOOLS High: SPRINGBROOK Middle: WHITE OAK Elementary: JACKSON ROAD Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dishwasher, Disposal, Dr yer, Microwave, Oven/Range - Gas, Refrigerator, Washer Basement: Connecting Stairway, Rear Entrance, Walkout Level, Windows, Workshop Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet Construction Materials: Combination Cooling: Central A/C Cooling Fuel: Electric Door Features: Sliding Glass, Storm Electric: 200+ Amp Ser vice Fencing: Rear, Chain Link Fireplace Features: Brick, Wood Fireplaces Total: 1 Flooring: Carpet, Ceramic Tile, Hardwood Foundation Details: Active Radon Mitigation Heating: Forced Air Heating Fuel: Natural Gas Hot Water: Natural Gas Interior Features: Attic, Attic/ House Fan, Breakfast Area, Carpet, Combination Dining/ Living, Dining Area, Formal/ Separate Dining Room, Kitchen - Eat-In, KitchenGalley, Kitchen - Table Space, Pantry, Skylight(s), Walk-in Closet(s), Wood Floors Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 16
Comparative Market Analysis
Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com
Laundry Type: Has Laundr y, Lower Floor, Dryer In Unit, Washer In Unit Levels: 4 Living Area Source: Assessor Lot Features: BacksParkland Lot Size Source: Assessor Lot Size Units: Square Feet Other Structures: Above Grade, Below Grade Parking Features: Asphalt Driveway Patio And Porch Features: Deck(s), Screened Proper ty Condition: Good Special Listing Conditions: Standard Senior Community Yn: false
Remarks Sparkling 5 bedroom split-level home boasts smar t updates and serene surroundings! Perfect function and Row throughout main level; eat-in kitchen features new Rooring, ample cabinets, gas stove, built-in microwave, pantr y and sunlit breakfast area with bay window. Perfect for enjoying morning coffee and planning your day Dinner time is a breeze in the separate dining area or choose to dine al fresco on fantastic screened-in deck with vaulted ceilings, skylights and zen-like views. Upper level features primar y suite with walk-in closet and updated bath, three generous bedrooms, and a second full updated bath (check out the skylight!). Downstairs, kick back in cozy family room with wood burning Qreplace and brick hear th. The Qfth bedroom, half bath and laundr y / utility room with private side entrance complete this level. Lower basement level offers an additional private entrance, walk-out bonus rec room (think: oSce, gym, playroom, game room) and a massive storage room.
Sewer: Public Sewer Structure Type: Detached Tax Lot: 11 Tax Year: 2021 Total Garage And Parking Spaces: 1 Vir tual Tour: View Water Source: Public Window Features: Bay/Bow, Double Hung, Double Pane, Replacement, Skylights
| Www.TheAgencyDC.com 17
Zoning: R90 Driveway Spaces: 1
1124 Tiffany Rd, Silver Spring, MD 20904
Freshly painted and professionally cleaned. Updates include: Heavy-Up Electric (2012), Roof, Windows, Bathrooms (estimated 2011-2013), Sewer Line replaced. Perfect location with no neighbors behind you; home backs to Paint Branch Trail. Super easy access to ICC, close to I-95/495, Downtown Silver Spring, shopping, dining, parks and schools. Estate sale. Excellent condition but sold as-is.
1216 Downs Dr Silver Spring, MD 20904 MLS #MDMC2015500 $525,000 5 Beds 3.00 Baths 2,224 Sq. Ft. ($236 / sqft) CL OSED 10/28/21 Year Built 1966 Days on market: 23 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 18
Comparable Proper ty Statistics S 5 Sold Listings $520,000LOWEST $539,000AVERAGE $575,000HIGH AVG PRICE / SQFT $224 AVG DOM 38 Comparative Market Analysis 1124 Tiffany Rd, Silver Spring, MD 20904 Alex Mar tinez Group RE The Agency DC Metro Cell: Info@AlexGr2402582668oupRE.com | Www.TheAgencyDC.com 19