Listing
Presentation
The Agency D.C. Metro Alex Martinez
Managing Partner, D.C. Metro ______
Cell: (240) 258.2668 Direct: (240) 292.6237 Office: (202) 888.1127 ext. 302 Alex.M@TheAgencyRE.com
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MAURICIO UMANSKY
The Agency CEO
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
Journey B & Margaret Delauder APRIL 30, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
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 fields 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
18520 Rushbrooke Drive, Olney, Maryland 20832
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
A = ACTIVE
BEDS
BATHS
SQFT
PRICE
18520 Rushbrooke Dr
5
4.50
3,842
-
1
Subject
2
MDMC747962
S
18309 Dundonnell Way
4
3.0/1.0
3,114
$860,000
3
MDMC747374
S
18232 Wickham Rd
5
4.0/1.0
3,490
$1,000,000
4
MDMC737978
S
18267 Wickham Rd
5
4.0/1.0
3,600
$857,000
5
MDMC742780
S
18223 Wickham Rd
4
4.0/1.0
3,697
$903,000
6
MDMC724982
S
18502 Rushbrooke Dr
5
4.0/1.0
4,186
$835,000
7
MDMC752010
A
18520 Denhigh Cir
4
3.0/1.0
2,815
$775,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
18309 Dundonnell Way
4/21/21
4
3.0/1.0
3,114
$860,000
$276
18232 Wickham Rd
4/20/21
5
4.0/1.0
3,490
$1,000,000
$287
18267 Wickham Rd
1/29/21
5
4.0/1.0
3,600
$857,000
$238
18223 Wickham Rd
3/15/21
4
4.0/1.0
3,697
$903,000
$244
18502 Rushbrooke Dr
11/5/20
5
4.0/1.0
4,186
$835,000
$199
3,617
$891,000
$249
Averages
A
ACTIVE LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
4
3.0/1.0
2,815
$775,000
$275
2,815
$775,000
$275
18520 Denhigh Cir
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
18520 Rushbrooke Drive, Olney, Maryland 20832
18309 Dundonnell Way
Olney, MD 20832
$860,000 CLOSED
4 Beds 3.0/1.0 Baths Year Built 2000
4/21/21
MLS #MDMC747962 3,114 Sq. Ft. ($276 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 3/25/21
Orig list price: $789,900
Half baths: 1.0
Off-market date: 4/21/21
Assoc Fee: $207
County: MONTGOMERY
Acres: 0.22 Lot Size: 9,375.0
Updated: Apr 21, 2021 1:12 PM
Taxes: $7,753
Subdivision: NORBECK GROVE
Garages: 2
List Price: $789,900
Above Grade Finished Area Source: Assessor
Association Fee Frequency: Quarterly
Construction Materials: Combination
Above Grade Finished Area Units: Square Feet
Association Fee Includes: Snow Removal, Trash, Pool(s)
Cooling: Central A/C
Style: ["Colonial"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Accessibility Features: None Appliances: Stove, Refrigerator, Icemaker, Dishwasher, Disposal, Dryer, Washer, Built-In Microwave, Oven - Double Association Amenities: Pool - Outdoor
Basement: Connecting Stairway Below Grade Finished Area: 1000 Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet
Cooling Fuel: Electric Door Features: Double Entry Exterior Features: Play Equipment Fireplace Features: Mantel(s) Heating: Forced Air Heating Fuel: Natural Gas Hot Water: Electric
Interior Features: Ceiling Fan(s), Breakfast Area, BuiltIns, Carpet, Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Wainscotting, Walk-in Closet(s), Soaking Tub, Store/Office, Window Treatments
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
Laundry Type: Has Laundry, Main Floor Levels: 2 Living Area Source: Assessor Lot Size Source: Assessor Lot Size Units: Square Feet
18520 Rushbrooke Drive, Olney, Maryland 20832
Main Level Bedrooms: 4
Senior Community Yn: false
Virtual Tour: View
# Of Attached Garage Spaces: 2
Sewer: Public Sewer
Water Source: Public
Structure Type: Detached
Window Features: Insulated
Other Structures: Shed
Tax Lot: 9
Zoning: RE1
Special Listing Conditions: Standard
Tax Year: 2020
Security Features: Exterior Cameras
Total Garage And Parking Spaces: 2
Remarks Stately Olney colonial with welcoming front porch in the highly sought-after Norbeck Grove neighborhood. Impeccably maintained and gleaming with natural light. Enter into a grand two-story foyer with a large Palladian window and soaring ceiling. Formal living and dining rooms boast elegant crown and panel molding. Gather in the spacious updated kitchen with Corian counters, 42" cabinets, tile backsplash, recessed lighting, under cabinet lighting, center island, and built-in desk. Glide into the impressive family room drenched with morning sunlight, featuring a gas fireplace. Enjoy all four seasons in the amazing sunroom overlooking the backyard. The main level home office has room for two! Modern renovated powder room with pedestal sink and tiled wall. Upstairs retreat to your primary suite with sitting area, walk-in closet, and private bath with soaking tub and large shower. Three additional freshly painted bedrooms and hall bath with double sink vanity complete the second level. Finished basement with full bath and brand new carpet is the perfect spot for recreation, remote learning, and more. Fully fenced level backyard boasts a stone patio perfect for entertaining, a tasteful storage shed, and playset that conveys. Plenty of room to work from home, learn from home and simply enjoy home. Roof (2018) HVAC (2014) WH (2016). The Norbeck Grove pool and clubhouse, home of the Barracuda Swim Team are within walking distance. Community amenities also include hiking trails, tennis and basketball courts, playgrounds, and parks. Minutes to Olney's restaurants, grocery stores, and shops. Conveniently located to Georgia Avenue and I-200. Less than 3 miles to Medstar Montgomery. Peruse the vibrant year-round Olney Farmers and Artists Market every Sunday. Explore The Adventure Park at Sandy Spring, the Sandy Spring Museum, and the Olney Theatre Center. Less than an hour from BWI, Dulles, and National airports. Showings begin Thursday 3/25 @ 9:00 am and go through Sunday, 3/28 @ 8:00 pm. Offer deadline Monday, 3/29 @ 12:00 pm.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
18309 Dundonnell Way $860,000 CLOSED
4/21/21
18520 Rushbrooke Drive, Olney, Maryland 20832 Olney, MD 20832
4 Beds 3.0/1.0 Baths Year Built 2000
MLS #MDMC747962 3,114 Sq. Ft. ($276 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
18232 Wickham Rd $1,000,000 CLOSED
MLS #MDMC747374
Olney, MD 20832
5 Beds 4.0/1.0 Baths Year Built 1997
4/20/21
3,490 Sq. Ft. ($287 / sqft) Days on market: 2
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.52
Updated: Apr 20, 2021 11:07 AM
County: MONTGOMERY
Lot Size: 22,656.0
List Price: $889,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: BARNSLEY MANOR ESTATES
Garages: 2
Orig list price: $889,000
High: SHERWOOD
List date: 3/19/21
Assoc Fee: $69
Middle: ROSA M. PARKS
Off-market date: 4/20/21
Taxes: $8,515
Elementary: OLNEY
Association Amenities: Jog/ Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/ Playground
Below Grade Finished Area: 1659
Heating Fuel: Natural Gas
Association Fee Frequency: Monthly
Below Grade Finished Area Units: Square Feet
Association Fee Includes: Common Area Maintenance, Trash
Construction Materials: Other
Basement: Fully Finished, Walkout Stairs
Cooling Fuel: Electric
Style: ["Colonial"] Full baths: 4.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Instant Hot Water, Oven Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer
Hot Water: Natural Gas
Below Grade Finished Area Source: Estimated
Cooling: Central A/C, Zoned Fireplaces Total: 2 Heating: Forced Air, Zoned
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
Interior Features: Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walkin Closet(s), Window Treatments, Wood Floors
18520 Rushbrooke Drive, Olney, Maryland 20832
Levels: 3
Structure Type: Detached
Living Area Source: Estimated
Tax Lot: 32
Lot Size Source: Assessor
Total Garage And Parking Spaces: 2
Lot Size Units: Square Feet # Of Attached Garage Spaces: 2
Tax Year: 2020
Water Source: Public Zoning: RE1
Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer
Remarks Welcome to 18232 Wickham Road in the sought-after Norbeck Grove Community. Here you will find an elegant and welcoming stone front colonial sitting on an enviable half-acre lot. You'll immediately notice this home has been well tended as you arrive to a beautiful stone walkway, lit by a gas lamp and featuring landscape lighting and a stacked stone garden wall. Meticulously built, this Chevy Chase model Craftmark Home, features many builder extras including a 4-foot bump out of the kitchen and dining room, stone fireplace in the family room, gas fireplace in the primary bedroom, 9-foot ceilings on the lower level and more! Tasteful finishes and modern comforts abound in this 5,150 square foot home offering 5 bedrooms and 4.5 bathrooms. Showcased by unique design touches including a spacious 2-story entryway, antique leaded glass accenting the living room/dining room pass-thru, oak hardwood floors throughout the main level and staircase, ample recessed lighting, integrated main level speaker system, numerous built-ins, extra-wide crown molding and large windows letting in tons of natural light. One of the many highlights of this home is the private backyard retreat professionally landscaped with flowering trees and backed by woods that connect to Rock Creek's North Branch Trail. Perfect for relaxing or entertaining, the expansive and level backyard area features an attractive shed, a large Trex deck that flows to a paver patio with a stone accent wall with integrated lighting and Bose outdoor speakers. The fully renovated gourmet eat-in kitchen boasts lovely granite countertops and stainless-steel appliances, a huge center island with space for seating, a 5-burner gas cooktop and lots of additional storage. The modern soft-close cabinetry features under-cabinet lighting with convenient kick drawers and beautiful hardware. The large double sink includes a filtering instant hot and cold-water dispenser and is framed by an oversized window with a view of the backyard. This centrally located kitchen flows into a dining area, with a beautifully lit built-in wine bar, and family room defined by two sets of glass French doors accessing the deck and patio as well as a wood-burning fireplace set in a stunning floor-to-ceiling stone accent wall. In addition, the main level offers a living room, an extra-large dining room, an office/den with custom built-in bookcases, including a printer cabinet and desk, a powder room and a tiled mudroom featuring custom built-in storage and exiting to the attached 2-car garage. The upper level provides 3 linen closets, 5 bedrooms and 3 full bathrooms; including a 1,000 square foot owners' suite boasting a gas fireplace, cathedral ceilings, a sitting area and separate walk-in closets; each with built-in organizers and a window. The updated en suite bath provides a large window, dual vanity, soaking tub and large shower with 2 showerheads. The walk-up lower level offers a large recreation room, full bathroom, bonus exercise room/media room with floor to ceiling mirrors and tons of additional storage space. This home is the envy of the neighborhood offering the largest lot on a quiet street. Community amenities include a swimming pool and swim team, tennis courts, basketball court and playgrounds. Minutes to Olney Shopping Center, Olney Theater, and Norbeck
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
Country Club. Perfect for commuters with easy access to I-200, Georgia Ave, and less than an hour to all 3 major airports. Top Rated MOCO schools. Don't miss!! NEW: UPPER LEVEL AND STAIRWAY CARPET (2021), GARAGE DOORS (2019), FRONT ENTRANCE (2017), TREX DECK (2017), KITCHEN (2015), ROOF (2014), TWO ZONE HVAC (2012/2011), 75 GALLON HOT WATER HEATER AND SUMP PUMP (2013), HUMIDIFIER (2011)
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
18232 Wickham Rd
18520 Rushbrooke Drive, Olney, Maryland 20832
$1,000,000 CLOSED
MLS #MDMC747374
Olney, MD 20832
4/20/21
5 Beds 4.0/1.0 Baths Year Built 1997
3,490 Sq. Ft. ($287 / sqft) Days on market: 2
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
18267 Wickham Rd $857,000 CLOSED
MLS #MDMC737978
Olney, MD 20832
5 Beds 4.0/1.0 Baths Year Built 2000
1/29/21
3,600 Sq. Ft. ($238 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.27
Updated: Jan 29, 2021 2:46 PM
County: MONTGOMERY
Lot Size: 11,754.0
List Price: $825,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: NORBECK GROVE
Garages: 2
Orig list price: $825,000
High: SHERWOOD
List date: 12/11/20
Assoc Fee: $69
Middle: ROSA M. PARKS
Off-market date: 1/29/21
Taxes: $8,289
Elementary: OLNEY
Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Association Amenities: Basketball Courts, Bike Trail, Club House, Common Grounds, Jog/Walk Path, Picnic Area, Pool - Outdoor, Tennis Courts, Tot Lots/ Playground, Volleyball Courts
Association Name: NORBECK GROVE
Style: ["Colonial"] Full baths: 4.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None
Association Fee Frequency: Monthly Association Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Trash
Basement: Connecting Stairway, Outside Entrance, Heated, Fully Finished, Side Entrance Below Grade Finished Area: 1000 Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
Community Pool Features: In Ground Construction Materials: Brick, Vinyl Siding Cooling: Central A/C, Programmable Thermostat Cooling Fuel: Electric Door Features: Storm, Six Panel Exterior Features: Exterior Lighting Fireplace Features: Brick, Fireplace - Glass Doors, Gas/ Propane Fireplaces Total: 1 Flooring: Hardwood, Ceramic Tile, Carpet, Concrete Furnished: No Heating: 90% Forced Air, Programmable Thermostat Heating Fuel: Natural Gas Hot Water: Natural Gas, 60+ Gallon Tank
18520 Rushbrooke Drive, Olney, Maryland 20832
Inclusions: Pool Table in LL Interior Features: Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen Table Space, Pantry, Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors Laundry Type: Main Floor Levels: 3 Living Area Source: Assessor Lot Features: Landscaping, Level Lot Size Source: Assessor Lot Size Units: Square Feet
# Of Attached Garage Spaces: 2 Parking Features: Asphalt Driveway
Security Features: Carbon Monoxide Detector(s), Exterior Cameras, NonMonitored, Security System
Patio And Porch Features: Deck(s), Porch(es), Screened
Senior Community Yn: false
Pets Allowed: Number Limit
Structure Type: Detached
Property Condition: Excellent
Tax Lot: 7
Roof: Composite
Tax Year: 2020
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Sun/Florida Room, Exercise Room, Office, Recreation Room, Storage Room, Media Room, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath, Screened Porch
Total Garage And Parking Spaces: 4
Special Listing Conditions: Standard
Sewer: Public Sewer
Utilities: Natural Gas Available, Phone Available, Cable TV Available, Electric Available Virtual Tour: View Water Source: Public Window Features: Screens, Vinyl Clad Zoning: RE1 Driveway Spaces: 2
Remarks Large 5 bedroom, 4.5 bathroom home in the highly sought after Norbeck Grove Community which features walking & biking trails, outdoor pool, tot lots, basketball, volleyball, and tennis courts! This well-maintained brick front Colonial is beautiful both inside and out, boasting 4600 total sq feet Please see photos and Mouse over Floor plan. In addition to tons of beautiful living space inside, the large bright sunroom opens to a wonderful screened-in porch and large back deck that overlooks a park-like yard (.27ac) . Other great features include a spacious two car garage and a lower level with Office & gym, recreation room, Full Bathroom,and ample storage also a walk up to the side yard! This wonderfully updated home (kitchen & SS appliances!) has a dual system for heat and A/C that was also updated (lower level in 2015, upper level in 2014). The roof and gutters were also replaced in 2017. See the disclosures for full list.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
18267 Wickham Rd
18520 Rushbrooke Drive, Olney, Maryland 20832
$857,000 CLOSED
MLS #MDMC737978
Olney, MD 20832
1/29/21
5 Beds 4.0/1.0 Baths Year Built 2000
3,600 Sq. Ft. ($238 / sqft) Days on market: 7
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
18223 Wickham Rd $903,000 CLOSED
MLS #MDMC742780
Olney, MD 20832
4 Beds 4.0/1.0 Baths Year Built 1999
3/15/21
3,697 Sq. Ft. ($244 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.27
Updated: Mar 15, 2021 1:55 PM
County: MONTGOMERY
Lot Size: 11,550.0
List Price: $899,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: BARNSLEY MANOR ESTATES
Garages: 2
Orig list price: $838,000
High: SHERWOOD
List date: 2/11/21
Assoc Fee: $69
Middle: ROSA M. PARKS
Off-market date: 3/15/21
Taxes: $8,362
Elementary: OLNEY
Association Amenities: Basketball Courts, Club House, Jog/Walk Path, Pool Outdoor, Tennis Courts
Basement: Fully Finished, Walkout Stairs
Exterior Features: Hot Tub
Below Grade Finished Area: 1000
Fireplaces Total: 1
Association Fee Frequency: Monthly
Below Grade Finished Area Source: Assessor
Association Fee Includes: Common Area Maintenance, Trash, Snow Removal
Below Grade Finished Area Units: Square Feet
Style: ["Colonial"] Full baths: 4.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Oven/Range Electric, Refrigerator, Stainless Steel Appliances, Washer
Association Name: NORBECK GROVE
Fireplace Features: Wood Heating: Forced Air, Zoned, Humidifier Heating Fuel: Natural Gas Hot Water: Natural Gas
Construction Materials: Stone, Vinyl Siding Cooling: Central A/C, Zoned Cooling Fuel: Electric
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
Interior Features: Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
18520 Rushbrooke Drive, Olney, Maryland 20832
Laundry Type: Upper Floor
Senior Community Yn: false
Levels: 3
Sewer: Public Sewer
Living Area Source: Assessor
Structure Type: Detached
Lot Size Source: Assessor
Tax Year: 2021
Lot Size Units: Square Feet
Total Garage And Parking Spaces: 2
# Of Attached Garage Spaces: 2
Tax Lot: 7
Virtual Tour: View
Roof: Architectural Shingle
Water Source: Public
Special Listing Conditions: Standard
Zoning: RE1
Remarks OFFERS DUE MONDAY BY 4 PM****Welcome to 18223 Wickham Road in Norbeck Grove; this meticulously designed stone front colonial features numerous builder and owner upgrades - too many to list, see spec sheet with disclosures. This Craftmark home offers an expansive 5,560+ square feet, combining modern comforts and elegant finishes for an abundance of family living spaces - including, a private, tree-lined backyard retreat with deck and hot tub. Built and updated with exceptional attention to detail, design touches include: a 4-foot builder bump-out, soaring 2-story foyer with Schonbek chandelier, extra-wide crown molding, high ceilings, recessed lighting throughout, gleaming hardwood floors & staircase, interior/exterior sound system, an upper-level laundry room, oversized closets, and a light-filled sunroom with windows on 3 sides. In addition, the home boasts a NEW ROOF, ALL NEW WINDOWS & SLIDING GLASS DOORS, NEWER AC/FURNACE WITH HUMIDIFIER, NEWER HOT WATER HEATER, UPDATED KITCHEN AND BATHROOMS. This classic colonial offers a centrally located eat-in, gourmet kitchen showcasing a huge island with breakfast bar, GE stainless steel appliances, a full electric range plus separate gas cooktop, granite countertops, 42-inch maple cabinetry, and travertine tile backsplash. The kitchen opens to a light-filled sunroom with walk-out to a large Trex deck, hot tub, and backyard. The spacious family room features a fireplace set in a stunning floor to ceiling stone accent wall and new carpet. A formal living room, formal dining room, office, powder room, and a mudroom with built-in storage accesses the attached 2 car garage on the main level. One of the many highlights of this home is the 1,000+ square foot owner's suite providing his & her's walk-in closets with additional insulated storage space, a sitting area, cathedral ceilings, and a spa-like bath with a new frameless glass door shower, soaking tub, dual granite vanity, and finished with designer tile. The upper level provides 3 additional bedrooms, 2 additional updated full bathrooms, and a convenient laundry room. The finished lower level offers a double-wide walk-up entrance, LTV wood flooring, a rec room, theater area with surround sound and wet bar, a full bathroom, exercise/media room, and tons of additional built-in storage space. Best location, on a quiet street, across from the community trail that is part of the North Branch of Rock Creek Park. Norbeck Grove includes a swimming pool and swim team, tennis courts, basketball court, and playgrounds. It is minutes to Olney Shopping Center, Olney Theater Center, and Norbeck Country Club. Perfect for commuters with easy access to I-200, Georgia Ave, and less than an hour to all 3 major airports. Top Rated MOCO schools. Don't miss!!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
18223 Wickham Rd
18520 Rushbrooke Drive, Olney, Maryland 20832
$903,000 CLOSED
MLS #MDMC742780
Olney, MD 20832
3/15/21
4 Beds 4.0/1.0 Baths Year Built 1999
3,697 Sq. Ft. ($244 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
18502 Rushbrooke Dr
Olney, MD 20832
$835,000 CLOSED
5 Beds 4.0/1.0 Baths Year Built 2002
11/5/20
MLS #MDMC724982 4,186 Sq. Ft. ($199 / sqft) Days on market: 8
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.26
Updated: Nov 6, 2020 9:29 AM
County: MONTGOMERY
Lot Size: 11,442.0
List Price: $849,900
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: BARNSLEY MANOR ESTATES
Garages: 2
Orig list price: $849,900
High: SHERWOOD
List date: 9/30/20
Assoc Fee: $69
Middle: ROSA M. PARKS
Off-market date: 11/6/20
Taxes: $7,913
Elementary: OLNEY
Above Grade Finished Area Source: Assessor
Below Grade Finished Area: 1800
Fireplace Features: Gas/ Propane, Stone
Lot Features: Backs Parkland, Backs to Trees
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Estimated
Fireplaces Total: 1
Lot Size Source: Assessor
Heating: Central
Lot Size Units: Square Feet
Accessibility Features: None
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
# Of Attached Garage Spaces: 2
Style: ["Colonial"] Full baths: 4.0
Features
Association Fee Frequency: Monthly Association Name: THE MANAGEMENT GROUP Basement: Fully Finished, Improved, Walkout Stairs, Sump Pump
Builder Model: Hawthorne II Builder Name: Greentree Construction Materials: Vinyl Siding, Stone Cooling: Central A/C
Hot Water: Natural Gas Laundry Type: Main Floor Levels: 3 Living Area Source: Estimated
Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached
Cooling Fuel: Electric
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
Tax Lot: 172 Tax Year: 2019
18520 Rushbrooke Drive, Olney, Maryland 20832
Total Garage And Parking Spaces: 6
Virtual Tour: View Rushbrooke Drive, Olney, MD 20832
Zoning: RE1 Driveway Spaces: 4
Water Source: Public
Remarks Welcome Home!! This amazing Greentree Hawthorne II model home in Barnsley Manor Estates is ready for you to move right in. Expansive main level with over 4200 sqft above grade. Custom paint and carpet throughout - Two level family room with soaring 20+ ft ceilings and gas fireplace. Gourmet kitchen with high end stainless steel appliances, large island prep space and eat in table space open to a bump out sun room extension. Main level laundry/mud room off the two car garage. Head upstairs to 4 large bedrooms and 3 full baths. The expansive master suite has a large custom walk in closet + gorgeous light filled master bathroom with dual vanities, soaker tub and walk in shower. The basement level is enormous - perfect for the whole family. It includes plenty of storage, an amazing unfinished section perfect for a movie theater or home gym + a bedroom and full bath. The private back yard is great for entertaining and backs to Rock Creek Park - so quiet and extremely private and perfect for entertaining!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
18502 Rushbrooke Dr $835,000 CLOSED
11/5/20
18520 Rushbrooke Drive, Olney, Maryland 20832 Olney, MD 20832
5 Beds 4.0/1.0 Baths Year Built 2002
MLS #MDMC724982 4,186 Sq. Ft. ($199 / sqft) Days on market: 8
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
18520 Denhigh Cir $775,000 ACTIVE
MLS #MDMC752010
Olney, MD 20832
4 Beds 3.0/1.0 Baths Year Built 2001
4/15/21
2,815 Sq. Ft. ($275 / sqft) Days on market: 9
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 4/15/21
Assoc Fee: $69
Half baths: 1.0 Acres: 0.28
Updated: Apr 29, 2021 3:28 PM
Taxes: $6,902
County: MONTGOMERY
Lot Size: 12,076.0
List Price: $775,000
Garages: 2
Orig list price: $775,000
Association Amenities: Tennis Courts, Pool Outdoor, Bike Trail, Community Center, Swimming Pool
Below Grade Finished Area Units: Square Feet
Subdivision: BARNSLEY MANOR ESTATES Style: ["Colonial"]
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 Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, ENERGY STAR Refrigerator, Freezer, Icemaker, Oven Single, Stove, Washer, Water Heater - Tankless
Association Fee Frequency: Monthly
Construction Materials: Vinyl Siding Cooling: Central A/C Cooling Fuel: Electric
Association Fee Includes: Trash, Snow Removal, Common Area Maintenance, Recreation Facility
Fireplace Features: Wood, Brick
Basement: Fully Finished
Heating: Forced Air
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Flooring: Carpet, Hardwood, Ceramic Tile
Interior Features: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Crown Moldings, Floor Plan Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Country, Kitchen Island, Pantry, Recessed Lighting, Store/Office, Walkin Closet(s), Wood Floors, Bar Laundry Type: Main Floor Levels: 2
Hot Water: Natural Gas
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
Living Area Source: Assessor
Pets Allowed: No Pet Restrictions
Senior Community Yn: false Sewer: Public Sewer
Total Garage And Parking Spaces: 4
Lot Size Source: Assessor
Roof: Architectural Shingle
Structure Type: Detached
Water Source: Public
Lot Size Units: Square Feet
Room Type: Office
Tax Lot: 3
Zoning: RE1
# Of Attached Garage Spaces: 2
Special Listing Conditions: Standard
Tax Year: 2020
Driveway Spaces: 2
Remarks Great location in desirable Barnsley Manor Estates with Community center and pool. This gorgeous colonial style home is situated on one of the largest lots in the community and has a brand new heating and air conditioning system and a recently replaced roof(2019). 4 traditional bedrooms upstairs with 2 full baths. An office on the main floor that can easily be used as a bedroom. Fully finished basement with a room that most would use as a bedroom and a full bath. The house has a mud room with washer and dryer. Many nice and convenient features including a large deck with a plumbed Natural Gas Grill and other upgrades to include a tankless water heater that efficiently supplies endless hot water. New Carpet and Fresh paint and the yard is tastefully landscaped. This is a Great walking neighborhood for everyone, with the a club house, playground, pool and tennis courts.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
23
Comparative Market Analysis
18520 Denhigh Cir
18520 Rushbrooke Drive, Olney, Maryland 20832
$775,000 ACTIVE
MLS #MDMC752010
Olney, MD 20832
4/15/21
4 Beds 3.0/1.0 Baths Year Built 2001
2,815 Sq. Ft. ($275 / sqft) Days on market: 9
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
Comparable Property Statistics S
5 Sold Listings LOWEST
$835,000
A
AVERAGE
$891,000
HIGH
$1,000,000
AVG PRICE / SQFT
AVG DOM
$249
5
AVG PRICE / SQFT
AVG DOM
$275
9
1 Active Listings LOWEST
$775,000
AVERAGE
$775,000
HIGH
$775,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
Sold Property Analysis Averages
104.8%
Homes sold for an average of 104.8% 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
18309 Dundonnell Way
$789,900
$860,000
108.87%
5
$276
18232 Wickham Rd
$889,000
$1,000,000
112.49%
2
$287
18267 Wickham Rd
$825,000
$857,000
103.88%
7
$238
18223 Wickham Rd
$838,000
$903,000
107.76%
6
$244
18502 Rushbrooke Dr
$849,900
$835,000
98.25%
8
$199
$838,360
$891,000
106.28%
5
$249
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
27
Comparative Market Analysis
18520 Rushbrooke Drive, Olney, Maryland 20832
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 finishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home finished with hardwood floors 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 flowers 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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