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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The Agency CEO
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
Amina & Musa OCTOBER 18, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
6302 Heston Terrace, 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 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
6302 Heston Terrace, Lanham, Maryland 20706
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
P = ACTIVE UNDER CONTRACT
BEDS
BATHS
SQFT
PRICE
6302 Heston Ter
-
2.00
2,980
-
1
Subject
2
MDPG2003474
S
10004 Treetop Ln
5
3.0/1.0
2,016
$540,000
3
MDPG602966
S
10009 Ellard Dr
6
3.0/1.0
2,686
$578,000
4
MDPG2003492
S
9906 Breezy Knoll Ct
5
3.0/1.0
2,420
$550,000
5
MDPG601464
S
6601 Manton Way
4
3.0/1.0
2,804
$625,000
6
MDPG2011088
S
6105 Wood Pointe Dr
4
3.0/1.0
2,516
$585,000
7
MDPG2009252
P
6336 Kinsey Ter
5
3.0/1.0
2,713
$625,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
10004 Treetop Ln
8/18/21
5
3.0/1.0
2,016
$540,000
$268
10009 Ellard Dr
6/28/21
6
3.0/1.0
2,686
$578,000
$215
9906 Breezy Knoll Ct
9/17/21
5
3.0/1.0
2,420
$550,000
$227
6601 Manton Way
6/14/21
4
3.0/1.0
2,804
$625,000
$223
10/14/21
4
3.0/1.0
2,516
$585,000
$233
2,488
$575,600
$233
6105 Wood Pointe Dr
Averages
P
ACTIVE UNDER CONTRACT LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
6336 Kinsey Ter
10/29/21
5
3.0/1.0
2,713
$625,000
$230
2,713
$625,000
$230
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
6302 Heston Terrace, Lanham, Maryland 20706
10004 Treetop Ln $540,000 CLOSED
MLS #MDPG2003474
Lanham, MD 20706
5 Beds 3.0/1.0 Baths Year Built 1982
8/18/21
2,016 Sq. Ft. ($268 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 7/18/21
Orig list price: $529,900
Half baths: 1.0
Off-market date: 8/18/21
Taxes: $4,609
County: PRINCE GEORGES
Acres: 0.23
Subdivision: MARIETTA WOODS
Lot Size: 9,877
Updated: Oct 1, 2021 1:02 PM
Garages: 2
List Price: $530,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Construction Materials: Other
Living Area Source: Assessor
Tax Lot: 35
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Lot Size Source: Assessor
Cooling Fuel: Electric
Lot Size Units: Square Feet
Total Garage And Parking Spaces: 2
Accessibility Features: Level Entry - Main
Fireplaces Total: 1
# Of Attached Garage Spaces: 2
Style: ["Colonial"]
Features
Basement: Other Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet
Furnished: No Heating: Heat Pump(s) Heating Fuel: Electric Hot Water: Electric Levels: 3
Tax Year: 2020
Water Source: Public Zoning: R80
Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
Remarks Welcome to this gleaming remodeled single family home! This home has been updated and renovated inside out with a new roof, new hvac, and new windows for a solid start. Once inside you'll also find sleek hardwood floors throughout, fresh paint, new carpet and lighting. Fall in love with a radiant kitchen featuring quartz counter-tops, stainless steel appliances, new cabinets, and gleaming tiled floors. The house has 4 bedrooms upstairs including a spacious master with a master bath and a bonus room in the basement. The fully finished basement is complete with fresh carpet and a door leading outside. The yard is fenced in with a large deck great for entertaining. Come and see today!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
10004 Treetop Ln
6302 Heston Terrace, Lanham, Maryland 20706
$540,000 CLOSED
MLS #MDPG2003474
Lanham, MD 20706
8/18/21
5 Beds 3.0/1.0 Baths Year Built 1982
2,016 Sq. Ft. ($268 / 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
6302 Heston Terrace, Lanham, Maryland 20706
10009 Ellard Dr $578,000 CLOSED
MLS #MDPG602966
Lanham, MD 20706
6 Beds 3.0/1.0 Baths Year Built 1997
6/28/21
2,686 Sq. Ft. ($215 / sqft) Days on market: 12
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 4/30/21
Orig list price: $574,999
Half baths: 1.0
Off-market date: 6/28/21
Assoc Fee: $160
County: PRINCE GEORGES
Acres: 0.25 Lot Size: 11,019
Updated: Jul 15, 2021 6:21 PM
Taxes: $6,723
Subdivision: GLENN ESTATES
Garages: 2
List Price: $569,000
Association Name: GLENN ESTATES COMMUNITY ASSOCIATION INC.
Flooring: Hardwood, Carpet
Style: ["Traditional"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet
Basement: Other
Accessibility Features: Level Entry - Main, 2+ Access Exits
Below Grade Finished Area Source: Assessor
Association Fee Frequency: Quarterly
Below Grade Finished Area Units: Square Feet
Association Fee Includes: Common Area Maintenance, Pool(s)
Construction Materials: Other
Heating: Central Heating Fuel: Natural Gas Hot Water: Natural Gas Inclusions: Pool Table; Family Room TV Laundry Type: Basement Levels: 3
# Of Attached Garage Spaces: 2 Pets Allowed: No Pet Restrictions Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached
Cooling: Central A/C
Living Area Source: Assessor
Cooling Fuel: Electric
Lot Size Source: Assessor
Tax Year: 2021
Fireplaces Total: 1
Lot Size Units: Square Feet
Total Garage And Parking Spaces: 6
Tax Lot: 33
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
Water Source: Public
6302 Heston Terrace, Lanham, Maryland 20706
Zoning: RR
Driveway Spaces: 4
Remarks Fall in love with this beautiful brick front traditional home on one of the largest lots in Glenn Estates, selling AS-IS. This home features 6 bedrooms and 3 full bathrooms, an open family room with adjoining sunroom, a fully finished basement and a two-car garage with a long drive-way for a growing family. This home shows well - see it today! ALL OFFERS ARE DUE BY MONDAY, MAY 1OTH AT NOON.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
10009 Ellard Dr
6302 Heston Terrace, Lanham, Maryland 20706
$578,000 CLOSED
MLS #MDPG602966
Lanham, MD 20706
6/28/21
6 Beds 3.0/1.0 Baths Year Built 1997
2,686 Sq. Ft. ($215 / sqft) Days on market: 12
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
9906 Breezy Knoll Ct
Lanham, MD 20706
$550,000 CLOSED
5 Beds 3.0/1.0 Baths Year Built 1981
9/17/21
MLS #MDPG2003492 2,420 Sq. Ft. ($227 / sqft) Days on market: 34
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.47
Updated: Sep 18, 2021 9:40 PM
County: PRINCE GEORGES
Lot Size: 20,267
List Price: $570,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Subdivision: MARIETTA WOODS
Garages: 1
Orig list price: $570,000
High: DUVAL
List date: 7/21/21
Assoc Fee: $105
Off-market date: 9/19/21
Taxes: $5,229
Basement: Other
Flooring: Carpet, Laminated
Lot Size Units: Square Feet
Below Grade Finished Area Source: Assessor
Heating: Heat Pump(s) Heating Fuel: Electric
# Of Attached Garage Spaces: 1
Below Grade Finished Area Units: Square Feet
Hot Water: Electric
Roof: Shingle
Construction Materials: Other, Aluminum Siding, Brick
Interior Features: 2nd Kitchen, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In
Cooling: Central A/C
Levels: 2
Room Type: Living Room, Dining Room, Kitchen, Family Room, Breakfast Room, Sun/ Florida Room, Laundry, Mud Room
Cooling Fuel: Electric Door Features: Six Panel
Living Area Source: Assessor
Fireplaces Total: 1
Lot Size Source: Assessor
Style: ["Colonial"] Full baths: 3.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Level Entry - Main Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater, Disposal Association Fee Frequency: Quarterly
Special Listing Conditions: Standard Senior Community Yn: false
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
12
Comparative Market Analysis
Sewer: Public Sewer
6302 Heston Terrace, Lanham, Maryland 20706
Structure Type: Detached
Total Garage And Parking Spaces: 11
Window Features: Double Hung
Tax Lot: 12
Virtual Tour: View
Zoning: R80
Tax Year: 2020
Water Source: Public
Driveway Spaces: 10
Remarks A treelined driveway opens up to a Large 5 Bedroom 3.5 Bathroom Colonial. A formal Living Room, Dining Room and Family Room with a built in Wet Bar for all your entertaining needs. Open Kitchen with Center Island, Corian countertops and Custom Cabinets for any Chef . An All Season Sunroom off the Kitchen and Family Room leads to a Large Deck. Perfect for Cookouts and Crabs. Private Basketball Court lies a few steps away from the Deck. Basement Apartment is ideal for a rental or an in-law suite. Separate entrance, a complete kitchen, full bathroom, laundry and storage room. Large Garage and Shed provides plentiful storage for hobbies and gardening. Finished Square Footage over 3000. Minutes to all major routes and shopping. Freshly Painted. Just needs your personal touches. Welcome Home!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
9906 Breezy Knoll Ct $550,000 CLOSED
9/17/21
6302 Heston Terrace, Lanham, Maryland 20706 Lanham, MD 20706
5 Beds 3.0/1.0 Baths Year Built 1981
MLS #MDPG2003492 2,420 Sq. Ft. ($227 / sqft) Days on market: 34
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
6601 Manton Way $625,000 CLOSED
MLS #MDPG601464
Lanham, MD 20706
4 Beds 3.0/1.0 Baths Year Built 2003
6/14/21
2,804 Sq. Ft. ($223 / sqft) Days on market: 21
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 3/30/21
Orig list price: $649,900
Half baths: 1.0
Off-market date: 6/16/21
Assoc Fee: $640
County: PRINCE GEORGES
Acres: 0.31 Lot Size: 13,369
Updated: Oct 1, 2021 12:00 PM
Taxes: $6,047
Subdivision: GLENN ESTATES
Garages: 2
List Price: $625,000
Basement: Other
Fireplaces Total: 1
Below Grade Finished Area Source: Assessor
Heating: Central, Heat Pump(s), Heat Pump Electric BackUp
Style: ["Colonial"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Dryer, Dryer Electric, Dryer - Front Loading, Exhaust Fan, Icemaker, Oven/Range Electric, Refrigerator, Stove, Washer, Washer - Front Loading, Water Heater Association Fee Frequency: Annually
Below Grade Finished Area Units: Square Feet Construction Materials: Other Cooling: Central A/C, Heat Pump(s) Cooling Fuel: Electric Fireplace Features: Wood, Fireplace - Glass Doors, Metal
Heating Fuel: Central, Electric, Natural Gas Hot Water: Natural Gas
Interior Features: Attic, Breakfast Area, Carpet, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Country, Kitchen Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Stall Shower, Store/Office, Upgraded Countertops, Walkin Closet(s), WhirlPool/ HotTub, Wood Floors Levels: 3
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
Living Area Source: Assessor
Special Listing Conditions: Standard
Tax Year: 2021
Water Source: Public
Lot Size Source: Assessor
Senior Community Yn: false
Total Garage And Parking Spaces: 2
Zoning: RR
Lot Size Units: Square Feet
Sewer: Public Sewer
# Of Attached Garage Spaces: 2
Structure Type: Detached
Utilities: Natural Gas Available
Tax Lot: 30
Virtual Tour: View
Remarks BACK ON MARKET-$25,000 PRICE REDUCTION! SHOW ONLY FRIDAY( 10-5), SAT & SUNDAY(11-6)-LOT'S OF HOUSE FOR THE $$$-ORIGINAL OWNERS-STATELY WELL MAINTAINED COLONIAL LOCATED ON A LARGE PREMIUM LOT! NEW GRANITE COUNTER TOPS-NEW LAMINATE FLOORING IN BATHROOMS-NEW CARPET IN MASTER BEDROOM! ROOF UPDATED-TWO ZONE HVAC SYSTEMS UPDATED-TWO STORY FOYER-FORMAL LIVING & DINING ROOMS-FIRST FLOOR LIBRARY-LARGE KITCHEN WITH ISLAND-CUSTOM DECK OFF KITCHEN-FIRST FLOOR FAMILY ROOM WITH LAMINATE HARDWOOD FLOORING & GAS FIREPLACE-SECURITY SYSTEM-LOWER LEVEL WITH A LARGE WALK OUT BASEMENTCUSTOM POOL TABLE & LIGHT IN REC ROOM PLUS TV CONVEY WITH HOUSE-PLAY ROOM OR EXEXCISE ROOM PLUS A LARGE UTILITY ROOM WITH STORAGE AREA-HUGE MASTER BEDROOM WITH HIS & HER WALK IN CLOSETS-LARGE MASTER BATHROOM WITH JACUZZI TUB & SEPARATE SHOWER-STORAGE SHED & SWING SET CONVEY WITH HOUSE!! HOUSE SHOWS BEAUTIFULLY & CAN SETTLE QUICKLY!!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
6601 Manton Way
6302 Heston Terrace, Lanham, Maryland 20706
$625,000 CLOSED
MLS #MDPG601464
Lanham, MD 20706
6/14/21
4 Beds 3.0/1.0 Baths Year Built 2003
2,804 Sq. Ft. ($223 / sqft) Days on market: 21
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
6105 Wood Pointe Dr
Glenn Dale, MD 20769
$585,000 CLOSED
4 Beds 3.0/1.0 Baths Year Built 1998
10/14/21
MLS #MDPG2011088 2,516 Sq. Ft. ($233 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 1.0
Off-market date: 10/15/21
Taxes: $5,809
Acres: 0.3
County: PRINCE GEORGES
Lot Size: 13,225
Updated: Oct 15, 2021 6:56 AM
Subdivision: WOOD POINTE
Garages: 2
List Price: $585,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Style: ["Colonial"]
List date: 9/11/21
Orig list price: $538,000
Full baths: 3.0
Assoc Fee: $110
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None, Other
Association Fee Includes: Management, Reserve Funds, Snow Removal, Trash Basement: Full, Fully Finished, Improved, Interior Access, Sump Pump
Construction Materials: Brick, Vinyl Siding Cooling: Attic Fan, Central A/ C
Living Area Source: Estimated Lot Size Source: Assessor
Cooling Fuel: Natural Gas
Lot Size Units: Square Feet
Fireplace Features: Fireplace - Glass Doors
# Of Attached Garage Spaces: 2
Fireplaces Total: 1
Parking Features: Concrete Driveway
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Washer
Below Grade Finished Area: 520
Association Fee Frequency: Quarterly
Below Grade Finished Area Units: Square Feet
Heating: Forced Air
Builder Name: NVR
Hot Water: Natural Gas
Below Grade Finished Area Source: Estimated
Levels: 3
Foundation Details: Slab Heating Fuel: Natural Gas
Pets Allowed: No Pet Restrictions
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Exercise Room, Recreation Room, Bathroom 3, Primary Bathroom, Additional Bedroom
6302 Heston Terrace, Lanham, Maryland 20706
Special Listing Conditions: Standard
Total Garage And Parking Spaces: 2
Senior Community Yn: false
Water Source: Public
Sewer: Public Sewer
Zoning: RR
Structure Type: Detached Tax Lot: 3 Tax Year: 2021
Remarks This lovingly-maintained Colonial on superb lot in 'move-in ready' condition offers four (4) bedrooms with three and half (3.5) bathrooms and two-car garage with four (4 ) additional multi-use areas in the basement. Convenient location nestled in the highly-desired quiet neighborhood of Glenn Dale in between Greenbelt and Bowie yet accessible to both Baltimore and Washington, DC via major routes of Greenbelt Road, 295, 50, and 95. The two-story Foyer welcomes you with many updates and lots of windows to take in the beautiful sunrise and sunset. The entertainment galore starts in the large family room with gas fireplace spreading to the backyard fun times in the huge flat rear yard for play, barbequing and social entertainment. Recent updates include roof, HVAC, updated kitchen (granite countertops, stainless steel appliances and white cabinets), wood floors on main level, carpets on top and lower level. In addition to the Rec. room and full bathroom on the lower level, there are three rooms that can be used as a 5th bedroom, Home Office and a Home Theatre.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
6105 Wood Pointe Dr $585,000 CLOSED
10/14/21
6302 Heston Terrace, Lanham, Maryland 20706 Glenn Dale, MD 20769
4 Beds 3.0/1.0 Baths Year Built 1998
MLS #MDPG2011088 2,516 Sq. Ft. ($233 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
6336 Kinsey Ter $625,000 ACTIVE UNDER CONTRACT
MLS #MDPG2009252
Lanham, MD 20706
5 Beds 3.0/1.0 Baths Year Built 2002
10/29/21
2,713 Sq. Ft. ($230 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Full baths: 3.0
List date: 8/26/21
Assoc Fee: $65
Half baths: 1.0 Acres: 0.27
Updated: Sep 19, 2021 8:10 AM
Taxes: $6,052
County: PRINCE GEORGES
Lot Size: 11,898
List Price: $625,000
Garages: 2
Orig list price: $625,000
Basement: Full, Fully Finished, Interior Access, Outside Entrance, Walkout Level, Rear Entrance, Windows
Cooling: Central A/C
Below Grade Finished Area: 1208
Fireplaces Total: 2
Subdivision: GLENN ESTATES Style: ["Colonial"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Cooktop, Dishwasher, Oven - Double, Refrigerator, Washer Association Fee Frequency: Monthly Association Name: GLENN ESTATES COMMUNITY ASSOCIATION INC
Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Brick Veneer, Vinyl Siding, Concrete
Cooling Fuel: Electric Fireplace Features: Fireplace - Glass Doors Flooring: Wood, Carpet, Ceramic Tile Heating: Forced Air Heating Fuel: Natural Gas Hot Water: Natural Gas
Interior Features: Kitchen Island, Primary Bath(s), Chair Railings, Crown Moldings, Floor Plan - Open Levels: 3 Living Area Source: Estimated Lot Size Source: Assessor Lot Size Units: Square Feet # Of Attached Garage Spaces: 2 Parking Features: Asphalt Driveway
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
Property Condition: Excellent Roof: Shingle
6302 Heston Terrace, Lanham, Maryland 20706
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Foyer, Laundry, Utility Room
Special Listing Conditions: Standard
Tax Year: 2021
Senior Community Yn: false
Total Garage And Parking Spaces: 2
Sewer: Public Sewer
Virtual Tour: View
Structure Type: Detached
Water Source: Public
Tax Lot: 4
Zoning: RR
Remarks Just listed in Glenn Estates a large, stately colonial of almost 4,000 ft2 boasting Tesla solar panels, a two-car garage, walk-out basement, manicured landscaping, crown molding, and an in-law suite in the basement with hookups for a second laundry center (main laundry on top level with bedrooms). The main level features an office off the foyer, with a formal sitting room and dining room on the right. A half bath is around the corner and leads to the large living room with fireplace, open-concept kitchen with island, and sliding glass doors leading to a deck and the back yard. Upstairs is an enormous owner's suite with a fireplace, his-and-hers walk-in closets, and bathroom that includes a jacuzzi soaking tub and shower. There are three more bedrooms all with deep closets, a full bathroom, and laundry on the top level. The basement features a second kitchen and eating area, its own spacious living room, a sliding glass door that walks-out to the back yard, a bedroom with walk-in closet, and a utility area with hookups for its own laundry.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
6336 Kinsey Ter $625,000 ACTIVE UNDER CONTRACT
MLS #MDPG2009252
Lanham, MD 20706
5 Beds 3.0/1.0 Baths 10/29/21
Year Built 2002
2,713 Sq. Ft. ($230 / sqft) Days on market: 7
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
6302 Heston Terrace, Lanham, Maryland 20706
Comparable Property Statistics S
5 Sold Listings LOWEST
$540,000
P
AVERAGE
$575,600
HIGH
$625,000
AVG PRICE / SQFT
AVG DOM
$233
15
AVG PRICE / SQFT
AVG DOM
$230
7
1 Active Under Contract Listings LOWEST
$625,000
AVERAGE
$625,000
HIGH
$625,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
6302 Heston Terrace, Lanham, Maryland 20706
Sold Property Analysis Averages
100.0%
Homes sold for an average of 100.0% of their list price.
15
Days on market
It took an average of 15 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
10004 Treetop Ln
$529,900
$540,000
101.91%
5
$268
10009 Ellard Dr
$574,999
$578,000
100.52%
12
$215
9906 Breezy Knoll Ct
$570,000
$550,000
96.49%
34
$227
6601 Manton Way
$649,900
$625,000
96.17%
21
$223
6105 Wood Pointe Dr
$538,000
$585,000
108.74%
6
$233
$572,559
$575,600
100.53%
15
$233
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
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Comparative Market Analysis
6302 Heston Terrace, 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 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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