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16903 Birch Leaf Ct, Bowie, MD 20716

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Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

Alison Fowler & George Fowler AUGUST 27, 2021

Alex Martinez Group RE The Agency DC Metro


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

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 Telds 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

16903 Birch Leaf Court, Bowie, Maryland 20716

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

P = ACTIVE UNDER CONTRACT

BEDS

BATHS

SQFT

PRICE

16903 Birch Leaf Ct

5

2.00

3,356

-

1

Subject

2

MDPG610008

S

17112 Longleaf Dr

4

3.0/1.0

3,200

$580,000

3

MDPG606962

S

17210 Aspen Leaf Dr

4

3.0/0

3,178

$555,000

4

MDPG605298

S

17304 Russet Dr

4

4.0/1.0

3,918

$635,000

5

MDPG598828

S

17114 Russet Dr

4

3.0/1.0

3,346

$608,500

6

MDPG606830

S

17111 Russet Dr

4

3.0/1.0

3,346

$625,000

7

MDPG2003004

S

17104 Longleaf Dr

6

4.0/1.0

3,448

$650,000

8

MDPG2006850

P

17013 Birch Leaf Ter

6

4.0/2.0

3,504

$645,000

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

3


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

7/21/21

4

3.0/1.0

3,200

$580,000

$181

7/9/21

4

3.0/0

3,178

$555,000

$175

17304 Russet Dr

6/15/21

4

4.0/1.0

3,918

$635,000

$162

17114 Russet Dr

6/8/21

4

3.0/1.0

3,346

$608,500

$182

17111 Russet Dr

6/15/21

4

3.0/1.0

3,346

$625,000

$187

17104 Longleaf Dr

8/18/21

6

4.0/1.0

3,448

$650,000

$189

3,406

$608,917

$179

17112 Longleaf Dr 17210 Aspen Leaf Dr

Averages

P

ACTIVE UNDER CONTRACT LISTINGS

ADDRESS

17013 Birch Leaf Ter

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

9/13/21

6

4.0/2.0

3,504

$645,000

$184

3,504

$645,000

$184

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

16903 Birch Leaf Court, Bowie, Maryland 20716

17112 Longleaf Dr $580,000 CLOSED

MLS #MDPG610008

Bowie, MD 20716

4 Beds 3.0/1.0 Baths Year Built 1999

7/21/21

3,200 Sq. Ft. ($181 / sqft) Days on market: 7

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 7/26/21

Taxes: $7,797

Acres: 0.24

County: PRINCE GEORGES

Lot Size: 10,500

Updated: Jul 26, 2021 8:24 AM

Subdivision: LONGLEAF

Garages: 2

List Price: $499,900

School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Style: ["Colonial"]

List date: 6/11/21

Orig list price: $499,900

Full baths: 3.0

Assoc Fee: $60

Features 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: Other

Lot Size Source: Assessor

Tax Lot: 29

Lot Size Units: Square Feet

Accessibility Features: None

Cooling: Central A/C

Tax Year: 2020

Association Fee Frequency: Monthly

Cooling Fuel: Electric

# Of Attached Garage Spaces: 2

Total Garage And Parking Spaces: 2

Basement: Other

Water Source: Public

Heating: Central

Patio And Porch Features: Deck(s)

Below Grade Finished Area Source: Assessor

Heating Fuel: Natural Gas

Fireplaces Total: 1

Hot Water: Natural Gas Levels: 2

Special Listing Conditions: Standard

Structure Type: Detached

Zoning: RR

Senior Community Yn: false

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

6


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

Remarks Spacious brick front Colonial in ideal location! Super nice neighborhood with easy access to major thoroughfares like Routes 301, 50 and 97. Drive to Annapolis, Baltimore or Washington DC in 30 minutes or less. In addition, Bowie Town Center with all its stores and restaurants is nearby. The home has hardwood Uooring, large kitchen, and step down family room. The master bedroom suite has vaulted ceilings, sitting area, walk in closets and a jetted tub in the bathroom. There is some deferred maintenance present so the home will not qualify for regular FHA/VA Tnancing.

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

7


Comparative Market Analysis

17112 Longleaf Dr

16903 Birch Leaf Court, Bowie, Maryland 20716

$580,000 CLOSED

MLS #MDPG610008

Bowie, MD 20716

7/21/21

4 Beds 3.0/1.0 Baths Year Built 1999

3,200 Sq. Ft. ($181 / sqft) Days on market: 7

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

8


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

17210 Aspen Leaf Dr

Bowie, MD 20716

$555,000 CLOSED

4 Beds 3.0/0 Baths Year Built 1999

7/9/21

MLS #MDPG606962 3,178 Sq. Ft. ($175 / sqft) Days on market: 1

Details Prop Type: Single Family Residence

Acres: 0.32 Lot Size: 13,741

Updated: Jul 9, 2021 12:06 PM

County: PRINCE GEORGES

Garages: 2

List Price: $530,000

School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Subdivision: LONGLEAF

List date: 5/21/21

Orig list price: $530,000

High: BOWIE

Style: ["Colonial"]

Off-market date: 7/9/21

Assoc Fee: $50

Middle: SAMUEL OGLE

Taxes: $7,714

Elementary: YORKTOWN

Full baths: 3.0

Features Above Grade Finished Area Source: Assessor

Basement: Other, Daylight, Partial, Full, Walkout Level

Cooling Fuel: Electric

Hot Water: Natural Gas

Electric: 200+ Amp Service

Above Grade Finished Area Units: Square Feet

Below Grade Finished Area Source: Assessor

Accessibility Features: None

Below Grade Finished Area Units: Square Feet

Exterior Features: Exterior Lighting, Sidewalks, Street Lights

Flooring: Ceramic Tile, Carpet, Hardwood

Interior Features: Carpet, Chair Railings, Crown Moldings, Curved Staircase, Family Room Off Kitchen, Floor Plan - Open, Formal/ Separate Dining Room, Kitchen - Eat-In, Kitchen Island, Recessed Lighting, Soaking Tub, Walk-in Closet(s), Wood Floors

Heating: Forced Air

Laundry Type: Upper Floor

Heating Fuel: Natural Gas

Levels: 3

Association Amenities: Common Grounds

Builder Model: Windsor

Association Fee Frequency: Monthly

Builder Name: Mid-Atlantic Builders

Association Fee Includes: Common Area Maintenance

Construction Materials: Brick Front, Stick Built, Vinyl Siding

Association Name: LONGLEAF

Cooling: Central A/C

Fireplace Features: Gas/ Propane Fireplaces Total: 1

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

9


Comparative Market Analysis

Living Area Source: Assessor Lot Features: Backs - Open Common Area, Backs to Trees Lot Size Source: Assessor Lot Size Units: Square Feet

16903 Birch Leaf Court, Bowie, Maryland 20716

Main Level Bedrooms: 4

Senior Community Yn: false

# Of Attached Garage Spaces: 2

Sewer: Public Sewer

Property Condition: Good

Tax Lot: 32

Roof: Architectural Shingle

Tax Year: 2021

Special Listing Conditions: Standard

Structure Type: Detached

Total Garage And Parking Spaces: 2 Utilities: Under Ground, Cable TV Virtual Tour: View Water Source: Public Zoning: RR

Remarks Mid-Atlantic Builders award-winning Windsor model. Large 4 Bedroom, 3 full baths Colonial in sought after Longleaf community. The kitchen and baths are outdated but in good condition. The home is well maintained and ready for movein. The kitchen is very large with an island and breakfast area with an Attriium door for future decks. Large family room just off the kitchen. The main Uoor has a formal living room, dining room, and a front study. The curved staircase leads to the 4 bedrooms upstairs with a huge owner's suite with a sitting area and a custom open shower spa with a soaking tub. Full unTnished walkout basement with full-size windows and atrium door. 3 piece bath rough-in included. Home comes with a Cinch (Formerly HMS) one-year warranty which covers Heating & Cooling, plumbing, electrical, and appliances.

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

10


Comparative Market Analysis

17210 Aspen Leaf Dr $555,000 CLOSED

7/9/21

16903 Birch Leaf Court, Bowie, Maryland 20716 Bowie, MD 20716

4 Beds 3.0/0 Baths Year Built 1999

MLS #MDPG606962 3,178 Sq. Ft. ($175 / sqft) Days on market: 1

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

11


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

17304 Russet Dr $635,000 CLOSED

MLS #MDPG605298

Bowie, MD 20716

4 Beds 4.0/1.0 Baths Year Built 2003

6/15/21

3,918 Sq. Ft. ($162 / sqft) Days on market: 10

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 6/15/21

Taxes: $8,930

Acres: 0.26

County: PRINCE GEORGES

Lot Size: 11,297

Updated: Jun 15, 2021 1:59 PM

Subdivision: BOWIE

Garages: 2

List Price: $585,000

School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Style: ["A-Frame"]

List date: 5/3/21

Orig list price: $585,000

Full baths: 4.0

Assoc Fee: $50

Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: 2+ Access Exits Association Fee Frequency: Monthly Association Fee Includes: Common Area Maintenance, Management Association Name: LONGLEAF

Basement: Other, Fully Finished, Rear Entrance, Connecting Stairway

Heating: Forced Air

Senior Community Yn: false

Heating Fuel: Natural Gas

Sewer: Public Sewer

Hot Water: Natural Gas

Structure Type: Detached

Levels: 3

Tax Lot: 36

Below Grade Finished Area Units: Square Feet

Living Area Source: Assessor

Tax Year: 2021

Construction Materials: Other

Lot Size Source: Assessor

Cooling: Central A/C

# Of Attached Garage Spaces: 2

Below Grade Finished Area Source: Assessor

Cooling Fuel: Electric Entry Level: 1 Fireplaces Total: 1

Lot Size Units: Square Feet

Special Listing Conditions: Standard

Total Garage And Parking Spaces: 4 Utilities: Natural Gas Available Water Source: Public Zoning: RR Driveway Spaces: 2

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

12


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

Remarks HIGHEST & BEST due Sunday May 9th by 12n. (Multiple offers) This is one of the largest homes in the area. Situated on a fenced in corner lot, this well maintained colonial boasts an eat-in kitchen, separate dining area, sun room, 4 bedrooms and 5 baths. It can be found in one of the most sought after Bowie neighborhoods. The fully Tnished lower level features a wet bar which is perfect for entertaining. Homes in this great neighborhood rarely become available. Don't miss this great opportunity!

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

13


Comparative Market Analysis

17304 Russet Dr

16903 Birch Leaf Court, Bowie, Maryland 20716

$635,000 CLOSED

MLS #MDPG605298

Bowie, MD 20716

6/15/21

4 Beds 4.0/1.0 Baths Year Built 2003

3,918 Sq. Ft. ($162 / sqft) Days on market: 10

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

14


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

17114 Russet Dr $608,500 CLOSED

MLS #MDPG598828

Bowie, MD 20716

4 Beds 3.0/1.0 Baths Year Built 1999

6/8/21

3,346 Sq. Ft. ($182 / sqft) Days on market: 6

Details Prop Type: Single Family Residence

Acres: 0.26

List Price: $595,000

High: BOWIE

Lot Size: 11,250

Orig list price: $595,000

Middle: SAMUEL OGLE

County: PRINCE GEORGES

Garages: 2

Assoc Fee: $50

Elementary: YORKTOWN

Subdivision: LONGLEAF

List date: 3/17/21

Taxes: $7,989

Style: ["Colonial"]

Off-market date: 6/8/21

Full baths: 3.0

Updated: Jun 10, 2021 5:37 PM

School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Above Grade Finished Area Source: Assessor

Association Fee Frequency: Monthly

Construction Materials: Other

Flooring: Carpet, Ceramic Tile

Above Grade Finished Area Units: Square Feet

Association Name: LONGLEAF HOA

Cooling: Central A/C

Furnished: No

Cooling Fuel: Electric

Heating: Forced Air

Accessibility Features: None

Basement: Full, Partially Finished, Walkout Stairs

Electric: 200+ Amp Service

Heating Fuel: Natural Gas

Exterior Features: Street Lights, Sidewalks

Hot Water: Natural Gas

Half baths: 1.0

Features

Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Double, Oven - Wall, Stainless Steel Appliances, Washer

Below Grade Finished Area: 1200 Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet

Fencing: Wood Fireplace Features: Gas/ Propane Fireplaces Total: 1

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

15


Comparative Market Analysis

Interior Features: Carpet, Ceiling Fan(s), Crown Moldings, Curved Staircase, Family Room Off Kitchen, Floor Plan - Open, Formal/ Separate Dining Room, Kitchen - Eat-In, Kitchen Gourmet, Kitchen - Island, Recessed Lighting, Sprinkler System, Walk-in Closet(s), Wood Floors Laundry Type: Main Floor

16903 Birch Leaf Court, Bowie, Maryland 20716

Levels: 3

Patio And Porch Features: Patio(s)

Structure Type: Detached Tax Year: 2021

Lot Size Source: Assessor

Property Condition: Very Good

Lot Size Units: Square Feet

Roof: Asphalt

Total Garage And Parking Spaces: 2

Main Level Bedrooms: 4

Rooms Total: 9

Virtual Tour: View

# Of Attached Garage Spaces: 2

Special Listing Conditions: Standard

Water Source: None

Parking Features: Asphalt Driveway

Senior Community Yn: false

Window Features: Double Pane

Sewer: Public Sewer

Zoning: RR

Living Area Source: Estimated

Tax Lot: 15

Remarks 4 Bedroom, 4.5 baths - modern colonial in the sought-after Longleaf Community. Almost 5,000 square feet of Tnished space. A large gourmet kitchen with granite countertops and stainless appliances opens up to the massive two-story family room with a gas Treplace. Large formal dining room, living room & study on the main Uoor. The upper level has 4 bedrooms with 2.5 baths. The owner's suite is huge. The lower level is Tnished with ceramic & luxury vinyl Uooring, a stairway to a private fenced-in back yard, and a custom patio off of the kitchen. Home comes with a Cinch (HMS) one-year warranty which covers HVAC, plumbing, electrical, and appliances. A new stainless double wall oven and french style refrigerator to be installed next week.

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

16


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

17111 Russet Dr $625,000 CLOSED

MLS #MDPG606830

Bowie, MD 20716

4 Beds 3.0/1.0 Baths Year Built 1998

6/15/21

3,346 Sq. Ft. ($187 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 6/17/21

Acres: 0.3

County: PRINCE GEORGES

Lot Size: 13,144

Updated: Jun 17, 2021 7:26 AM

School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Subdivision: LONGLEAF

Garages: 2

List Price: $600,000

High: BOWIE

Style: ["Colonial"]

List date: 5/20/21

Orig list price: $600,000

Middle: SAMUEL OGLE

Taxes: $8,491

Elementary: YORKTOWN

# Of Attached Garage Spaces: 2

Full baths: 3.0

Features Above Grade Finished Area Source: Assessor

Below Grade Finished Area Source: Assessor

Above Grade Finished Area Units: Square Feet

Below Grade Finished Area Units: Square Feet

Accessibility Features: Other

Construction Materials: Other

Interior Features: Breakfast Area, Ceiling Fan(s), Chair Railings, Crown Moldings, Flat, Family Room Off Kitchen, Kitchen - Eat-In, Pantry, Walk-in Closet(s), Wood Floors

Cooling: Central A/C

Levels: 3

Cooling Fuel: Other

Senior Community Yn: false

Fireplaces Total: 1

Living Area Source: Assessor

Heating: Central

Lot Size Source: Assessor

Structure Type: Detached

Heating Fuel: Other

Lot Size Units: Square Feet

Tax Lot: 13

Appliances: Dishwasher, Dryer, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Refrigerator Association Fee 2: 50 Association Fee 2 Frequency: Monthly Basement: Other

Hot Water: Other

Parking Features: Asphalt Driveway Pets Allowed: Dogs OK Special Listing Conditions: Standard Sewer: Public Sewer

Tax Year: 2021

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

17


Comparative Market Analysis

Total Garage And Parking Spaces: 4

16903 Birch Leaf Court, Bowie, Maryland 20716

Water Source: Public

Zoning: RR

Driveway Spaces: 2

Remarks NO MORE SHOWINGS AFTER TODAY (5/22/21)- OFFER DEADLINE 5/23/21 AT 12PM NOON WELCOME HOME! Why buy new when you can have a home as ready made as this one? This immaculate home boasts an open Uoor plan with an all wood staircase that overlooks the family room, hardwood Uooring, 4 bedrooms, large owner's suite with custom closet built-ins, laundry room conveniently located on the upper-level, along with a beautiful large deck for the perfect retreat outdoors and SO MUCH MORE! SHOWINGS END TODAY!! PLEASE PRESENT YOUR BEST OFFER.

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

18


Comparative Market Analysis

17111 Russet Dr

16903 Birch Leaf Court, Bowie, Maryland 20716

$625,000 CLOSED

MLS #MDPG606830

Bowie, MD 20716

6/15/21

4 Beds 3.0/1.0 Baths Year Built 1998

3,346 Sq. Ft. ($187 / sqft) Days on market: 5

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

19


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

17104 Longleaf Dr $650,000 CLOSED

MLS #MDPG2003004

Bowie, MD 20716

6 Beds 4.0/1.0 Baths Year Built 1999

8/18/21

3,448 Sq. Ft. ($189 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 8/18/21

Taxes: $8,346

Acres: 0.24

County: PRINCE GEORGES

Lot Size: 10,500

Updated: Aug 18, 2021 8:02 PM

Subdivision: LONGLEAF

Garages: 2

List Price: $670,000

School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Style: ["Colonial"]

List date: 7/8/21

Orig list price: $670,000

Full baths: 4.0

Assoc Fee: $50

Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: 2+ Access Exits, Level Entry Main Appliances: Built-In Microwave, Dishwasher, Oven - Wall, Stove, Refrigerator, Disposal Association Fee Frequency: Monthly

Association Name: LONGLEAF HOMEOWNER ASSOCIATION Basement: Other Below Grade Finished Area: 1500 Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Other Cooling: Central A/C

Cooling Fuel: Electric

Lot Size Source: Assessor

Fireplaces Total: 1

Lot Size Units: Square Feet

Heating: Central

# Of Attached Garage Spaces: 2

Heating Fuel: Natural Gas Hot Water: Natural Gas Interior Features: 2nd Kitchen, Breakfast Area, Dining Area, Family Room Off Kitchen, Kitchen - Island, Walk-in Closet(s) Levels: 3 Living Area Source: Estimated

Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 25 Tax Year: 2020

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

20


Comparative Market Analysis

Total Garage And Parking Spaces: 2

16903 Birch Leaf Court, Bowie, Maryland 20716

Water Source: Public

Zoning: RR

Remarks BACK ON THE MARKET! This beautiful colonial house has almost 5000 sq ft of Tnished space! Gourmet kitchen with a brand-new gas stove. Brand-new hard wood Uoor through out the house with roof that's less than 3 years old. There is small side-kitchen lead to the garage. The house is vacant. Schedule online for the door code. Please put on shoe covers before entering the house. Shoe covers are located by the door between the garage and the small side-kitchen.

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

21


Comparative Market Analysis

17104 Longleaf Dr

16903 Birch Leaf Court, Bowie, Maryland 20716

$650,000 CLOSED

MLS #MDPG2003004

Bowie, MD 20716

8/18/21

6 Beds 4.0/1.0 Baths Year Built 1999

3,448 Sq. Ft. ($189 / sqft) Days on market: 3

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

22


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

17013 Birch Leaf Ter

Bowie, MD 20716

$645,000 ACTIVE UNDER CONTRACT

6 Beds 4.0/2.0 Baths Year Built 2001

9/13/21

MLS #MDPG2006850 3,504 Sq. Ft. ($184 / sqft) Days on market: 9

Details Prop Type: Single Family Residence

Full baths: 4.0

List date: 8/4/21

Taxes: $8,431

Half baths: 2.0

County: PRINCE GEORGES

Acres: 0.28

Updated: Aug 12, 2021 7:09 AM

Subdivision: LONGLEAFPLAT 1>

Lot Size: 12,335

List Price: $645,000

School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Garages: 2

Orig list price: $645,000

Above Grade Finished Area Source: Assessor

Construction Materials: Other

Living Area Source: Assessor

Above Grade Finished Area Units: Square Feet

Cooling: Central A/C

Lot Size Source: Assessor

Total Garage And Parking Spaces: 2

Cooling Fuel: Electric

Lot Size Units: Square Feet

Virtual Tour: View

Accessibility Features: Mobility Improvements, Chairlift

Fireplaces Total: 1

# Of Attached Garage Spaces: 2

Water Source: Public

Basement: Other

Heating Fuel: Natural Gas

Below Grade Finished Area Source: Assessor

Hot Water: Natural Gas

Style: ["Other"]

Features

Below Grade Finished Area Units: Square Feet

Heating: Forced Air

Interior Features: Ceiling Fan(s), Walk-in Closet(s), Wood Floors, Kitchen - Island Levels: 2

Tax Year: 2020

Zoning: RR

Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 7

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

23


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

Remarks BEST AND FINAL BY WED 8/11/21. One of the largest homes in the Longleaf Subdivision of Bowie awaits... This spacious 5,128 foot residence boasts 6 bedrooms, 4 bathrooms and a spacious deck. Once you enter the main level foyer, the option to work in a study, relax in a living room or dine in a well-appointed kitchen are all in your immediate grasp. For the winter nights, there is a gas Treplace in the family room. 2 of the bedrooms include a Jack & Jill bathroom while the largest bedroom upstairs includes a jacuzzi tub. Fully Tnished basement includes 2 of the bedrooms with an additional full bathroom. Amenities include ample storage, intercom system, two-car garage and professionally maintained landscaping. Easy access to Route 50. All buyers and agents must follow COVID-19 guidelines wearing masks, gloves and removing shoes at all showings.

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

24


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

17013 Birch Leaf Ter $645,000 ACTIVE UNDER CONTRACT

Bowie, MD 20716

6 Beds 4.0/2.0 Baths 9/13/21

Year Built 2001

MLS #MDPG2006850 3,504 Sq. Ft. ($184 / sqft) Days on market: 9

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

25


Analysis

Alex Martinez Group RE The Agency DC Metro


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

Comparable Property Statistics S

6 Sold Listings LOWEST

$555,000

P

AVERAGE

$608,917

HIGH

$650,000

AVG PRICE / SQFT

AVG DOM

$179

5

AVG PRICE / SQFT

AVG DOM

$184

9

1 Active Under Contract Listings LOWEST

$645,000

AVERAGE

$645,000

HIGH

$645,000

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

27


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

Sold Property Analysis Averages

105.0%

Homes sold for an average of 105.0% of their list price.

5

Days on market

It took an average of 5 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

17112 Longleaf Dr

$499,900

$580,000

116.02%

7

$181

17210 Aspen Leaf Dr

$530,000

$555,000

104.72%

1

$175

17304 Russet Dr

$585,000

$635,000

108.55%

10

$162

17114 Russet Dr

$595,000

$608,500

102.27%

6

$182

17111 Russet Dr

$600,000

$625,000

104.17%

5

$187

17104 Longleaf Dr

$670,000

$650,000

97.01%

3

$189

$579,983

$608,917

104.99%

5

$179

Averages

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

28


Comparative Market Analysis

16903 Birch Leaf Court, Bowie, Maryland 20716

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 Tnished with hardwood Uoors 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 Uowers 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

29


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