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14319 New Hampshire Avenue, Silver Spring, Maryland 20904

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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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ABOUT THE AGENCY

35+ offices in the U.S., Canada, Mexico & The Caribbean. 700 Real Estate Agents. $265 Billion in Sales. 5 Consecutive Years Among Inc's List of the 5000 Fastest-Growing Private Companies in America.


"We are pleased to partner with esteemed Real Estate Veterans Alex Martinez and Group to bring The Agency to Washington, D.C."

MAURICIO UMANSKY

The Agency CEO


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Marketing

Action Plan


Selling your Home: Below are a few of the services we provide as part of the marketing for your home. Before we can get started, the first, most important step is to:

SIGN AND COMPLETE YOUR LISTING AGREEMENT

Below are a few of the services we provide as part of the marketing for your home. Before we can get started, the first, most important step is to:

The Agreement will be presented and explained by your Agent. It outlines the parameters of working with Alex Group and the particulars of your home sale.


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Naznin Esphani AUGUST 5, 2021

Julia Bernstein


August 05, 2021

Dear Naznin Esphani, I appreciate the opportunity to share my business plan with you. In order to inform you about the current happenings in today's market, I have prepared this comparative market analysis (CMA) especially for you. There are many properties on the market today, and each has different amenities, sizes, and values. By reviewing this CMA, you will have the information needed to price your home in the appropriate range in today's market. Home buyers always do a lot of comparison shopping. In today's market it is especially important to price your home right from the beginning and to get it "show ready". There are many homes available in all price ranges, but the homes that are priced right and show well are the ones that bring in qualified buyers. Part of this package includes a detailed copy of my personal marketing plan. We will certainly go over this in detail so that you feel comfortable to entrust your home sale to me. I am sure that once you review the plan, you will feel very satisfied with me marketing your home. My goal is to help you sell your home quickly and at a fair market value. I look forward to working with you on the sale of your home.

Sincerely, Julia Bernstein

Julia Bernstein 2


Julia Bernstein Affiliation • Affiliation 1

Experience • Experience 1

Education • Education 1

Professional Associations • Professional Associations 1

Personal Information • Personal Information 1

Julia Bernstein 3


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Our company is a multifaceted business that operates with you, the customer, at the forefront of our day-to-day operations. We are well known and respected in the community and our philosophies are based on both honesty and integrity. As a client centered business, you will receive personal service and be backed by a reputable company. We implement multi-level marketing strategies that benefit our clients with every transaction. Our real estate agents have extensive access to information about the communities in which they deal. This includes, but is not limited to: schools, populations, recreation, entertainment, home values, growth potential and surrounding areas. Many agents live in the areas we serve and therefore can more accurately overcome potential obstacles and focus on the unique needs of our clients. Our commercial division is well-equipped to provide today's growing number of real estate investors with opportunities for both income and commercial properties. The real estate market is always changing and as a result, our agents regularly attend training sessions and events to further their knowledge and be sure that they are focusing on current conditions that affect today's buyers and sellers. This type of training is imperative if we are to be successful in obtaining top dollar on home sales. Our goal is to make sure that we satisfy the special needs of all of our clients and at the same time make the process and transactions go as smoothly as possible. Our company is dedicated to maintaining a professional, trustworthy relationship with our clients. One way this can be seen is through this Comparative Market Analysis (CMA) which you hold in your hand. This CMA compiles the most current and accurate information relevant to the sale of your home. Seeing that this is perhaps your most valuable asset, it is imperative that you be equipped with the most complete information possible related to the pricing and marketing of your home.

Julia Bernstein 4


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

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.

Julia Bernstein 5


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Contact Me

Julia Bernstein

Julia Bernstein 6


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

P = ACTIVE UNDER CONTRACT

H = HOLD

A = ACTIVE

BEDS

BATHS

SQFT

PRICE

14319 New Hampshire Ave

4

3.00

2,900

-

1

Subject

2

MDMC749208

S

329 Greenspring Ln

4

2.0/1.0

2,734

$610,000

3

MDMC2000084

S

1006 Somerset Ln

4

3.0/0

2,176

$750,000

4

MDMC760508

S

46 Stonegate Dr

5

2.0/1.0

2,479

$537,500

5

MDMC728592

S

800 Hobbs Dr

4

2.0/1.0

2,647

$655,111

6

MDMC2001676

S

300 Piping Rock Dr

4

2.0/1.0

1,598

$560,000

7

MDMC762464

S

14305 Stilton Cir

4

3.0/1.0

2,632

$716,250

8

MDMC729282

S

14201 Notley Rd

5

3.0/0

2,301

$965,000

9

MDMC763492

P

14412 Marine Dr

4

3.0/0

2,153

$699,000

10

MDMC2000652

H

14543 Good Hope Rd

4

3.0/0

2,952

$649,000

11

MDMC2008098

H

14713 Old Barn Ct

4

3.0/0

1,989

$549,990

12

MDMC2008348

A

144 Bonifant Rd

3

2.0/1.0

1,974

$650,000

Julia Bernstein 7


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

329 Greenspring Ln

4/30/21

4

2.0/1.0

2,734

$610,000

$223

1006 Somerset Ln

4/16/21

4

3.0/0

2,176

$750,000

$345

7/9/21

5

2.0/1.0

2,479

$537,500

$217

11/30/20

4

2.0/1.0

2,647

$655,111

$247

300 Piping Rock Dr

7/27/21

4

2.0/1.0

1,598

$560,000

$350

14305 Stilton Cir

7/12/21

4

3.0/1.0

2,632

$716,250

$272

14201 Notley Rd

1/29/21

5

3.0/0

2,301

$965,000

$419

2,366

$684,837

$296

46 Stonegate Dr 800 Hobbs Dr

Averages

P

ACTIVE UNDER CONTRACT LISTINGS

ADDRESS

14412 Marine Dr

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

8/13/21

4

3.0/0

2,153

$699,000

$325

2,153

$699,000

$325

Averages

H

HOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

14543 Good Hope Rd

-

4

3.0/0

2,952

$649,000

$220

14713 Old Barn Ct

-

4

3.0/0

1,989

$549,990

$277

2,470

$599,495

$248

Averages

A

ACTIVE LISTINGS

ADDRESS

144 Bonifant Rd

Averages

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

3

2.0/1.0

1,974

$650,000

$329

1,974

$650,000

$329

Julia Bernstein 8


Listings

Julia Bernstein


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

329 Greenspring Ln $610,000 CLOSED

MLS #MDMC749208

Silver Spring, MD 20904

4 Beds 2.0/1.0 Baths

2,734 Sq. Ft. ($223 / sqft)

Year Built 1987

4/30/21

Days on market: 5

Photo not available

Details Prop Type: Single Family Residence

Full baths: 2.0

List date: 3/27/21

Orig list price: $599,900

Half baths: 1.0

Off-market date: 4/30/21

Taxes: $5,744

County: MONTGOMERY

Acres: 0.34

Subdivision: COLESVILLE MANOR

Lot Size: 15,008

Updated: Apr 30, 2021 8:15 PM

Garages: 2

List Price: $610,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Above Grade Finished Area Source: Assessor

Below Grade Finished Area Units: Square Feet

Levels: 4

Sewer: Public Sewer

Construction Materials: Brick Front

Living Area Source: Assessor

Structure Type: Detached

Above Grade Finished Area Units: Square Feet

Lot Size Source: Assessor

Accessibility Features: Level Entry - Main

Cooling: Central A/C

Tax Year: 2020

Lot Size Units: Square Feet

Cooling Fuel: Electric

Basement: Other

Total Garage And Parking Spaces: 2

Fireplaces Total: 1

# Of Attached Garage Spaces: 2

Below Grade Finished Area Source: Assessor

Heating: Forced Air

Style: ["Colonial"]

Features

Heating Fuel: Natural Gas

Special Listing Conditions: Standard

Hot Water: Natural Gas

Senior Community Yn: false

Tax Lot: 6

Water Source: Public Zoning: R200

Julia Bernstein 10


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Remarks SPACIOUS OPEN 2 STORY FOYER COLONIAL IN SOUGH AFTER IN ROBIN HOOD COMMUNITY . LOCATED IN CUL-DE-SAC. HARDWOOD FLOOR ON MAIN LEVEL. KITCHEN WITH BREAKFAST AREA OPEN TO FAMILY ROOM. BIG MASTER BEDROOM WITH SITTING AREA. JACUZZI WITH SKY LIGHT IN MASTER BATHROOM. FINISHED BASEMENT WITH COVER WALK UP STAIR TO NICE BACKYARD. HOUSE IS GOOD CONDITION BUT "AS IS". HOUSE LOCATE AT QUITE STREET AND VERY CONVENIENT TO MAJOR RD.

Julia Bernstein 11


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

1006 Somerset Ln $750,000 CLOSED

MLS #MDMC2000084

Silver Spring, MD 20904

4 Beds 3.0/0 Baths Year Built 1956

4/16/21

2,176 Sq. Ft. ($345 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

Full baths: 3.0 Acres: 1.05

Updated: Apr 16, 2021 6:47 PM

County: MONTGOMERY

Lot Size: 45,758

List Price: $625,000

Subdivision: COLESVILLE FARM ESTATES

List date: 3/11/21

Orig list price: $625,000

Off-market date: 4/16/21

Taxes: $7,032

Above Grade Finished Area Source: Assessor

Below Grade Finished Area Source: Assessor

Flooring: Vinyl, Hardwood, Ceramic Tile, Bamboo

Above Grade Finished Area Units: Square Feet

Below Grade Finished Area Units: Square Feet

Furnished: No

Accessibility Features: None

Carport Spaces: 2

Heating: Wood Burn Stove, Heat Pump(s)

Basement: Connecting Stairway, Daylight, Partial, Outside Entrance, Partially Finished, Side Entrance, Walkout Level

Construction Materials: Brick, Other

Heating Fuel: Wood, Geothermal

Interior Features: Breakfast Area, Combination Kitchen/ Dining, Entry Level Bedroom, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Wet/Dry Bar, Wood Floors, Wood Stove, Other

Cooling: Central A/C, Heat Pump(s)

Hot Water: Electric

Levels: 2

Style: ["Ranch/Rambler"]

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Features

Below Grade Finished Area: 560

Cooling Fuel: Electric Exterior Features: Other Fireplace Features: Other Fireplaces Total: 1

Living Area Source: Assessor Lot Features: Backs to Trees, Front Yard, Private, Rear Yard, SideYard(s), Trees/Wooded

Julia Bernstein 12


Comparative Market Analysis

Lot Size Source: Assessor

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Lot Size Units: Square Feet

Property Condition: Very Good

Main Level Bedrooms: 4

Roof: Shingle

Other Structures: Shed

Room Type: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Recreation Room, Storage Room, Utility Room, Bathroom 1, Bonus Room, Primary Bathroom, Full Bath

Parking Features: Asphalt Driveway Patio And Porch Features: Patio(s)

Rooms Total: 12 Special Listing Conditions: Standard

Total Garage And Parking Spaces: 10 View: Trees/Woods

Senior Community Yn: false

Virtual Tour: View

Sewer: Public Sewer

Water Source: Public

Structure Type: Detached

Window Features: Skylights

Tax Lot: 24

Year Built Effective: 2003

Tax Year: 2021

Zoning: RE1 Driveway Spaces: 8

Remarks Welcome Home! This custom-built contemporary rambler is definitely one-of-a-kind! If you are looking for privacy in a wooded setting that is still close to everything, this is the one for you! Features include cathedral ceilings with natural wood beams, exposed brick walls, hardwood floors, updated kitchen, large bedrooms with ample closet space, and an amazing patio. The main level offers a primary suite with full bath, 3 additional bedrooms, a second full bath with dual vanities, gorgeous kitchen with granite counters and stainless steel appliances, and a generous sized family room with wood burning stove. The lower level will wow you with a substantial recreation room, bonus room, full bath, and multiple storage rooms. This property offers dual driveways, perfect for storing that RV or boat and is wired for a generator. Updates include new roof (2019), 6 skylights replaced (2019), new water heater (2016), new doors (2013), new Anderson windows (2010), and a new geothermal furnace (2016). Fabulous location close to major routes. Come see it before its gone!

Julia Bernstein 13


Comparative Market Analysis

1006 Somerset Ln $750,000 CLOSED

4/16/21

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

MLS #MDMC2000084

Silver Spring, MD 20904

4 Beds 3.0/0 Baths Year Built 1956

2,176 Sq. Ft. ($345 / sqft) Days on market: 3

Julia Bernstein 14


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

46 Stonegate Dr $537,500 CLOSED

MLS #MDMC760508

Silver Spring, MD 20905

5 Beds 2.0/1.0 Baths Year Built 1973

7/9/21

2,479 Sq. Ft. ($217 / sqft) Days on market: 6

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 7/9/21

Acres: 0.36

County: MONTGOMERY

Lot Size: 15,472

Updated: Jul 9, 2021 7:44 AM

Subdivision: STONEGATE

Garages: 2

List Price: $450,000

Style: ["Colonial"]

List date: 5/27/21

Orig list price: $450,000

Full baths: 2.0

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Taxes: $5,566

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: None

Construction Materials: Other

Basement: Daylight, Partial, Connecting Stairway, Fully Finished, Improved, Interior Access, Outside Entrance, Space For Rooms, Walkout Level Below Grade Finished Area: 672

Levels: 3

Structure Type: Detached

Living Area Source: Assessor

Tax Lot: 2

Lot Size Source: Assessor

Total Garage And Parking Spaces: 2

Lot Size Units: Square Feet

Cooling: Central A/C

# Of Attached Garage Spaces: 2

Cooling Fuel: Electric

Pool Features: In Ground

Fireplaces Total: 1 Heating: Central

Special Listing Conditions: Standard

Heating Fuel: Natural Gas

Senior Community Yn: false

Hot Water: Natural Gas

Sewer: Public Sewer

Tax Year: 2021

Water Source: Public Zoning: R200

Julia Bernstein 15


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Remarks Great home in the beautiful Stonegate Community -- needs to be loved back to its former glory! Filled with sunshine from large windows and multiple sets of sliding glass doors, this home is bright from top to bottom. The main level features a large island in the kitchen, hardwood flooring, built in banquette seating, sunroom/solarium with vaulted ceiling, sunken living room, and dining room. The kitchen, sunroom, and dining room all have sliding glass doors accessing the covered deck, which overlooks the built-in pool. Basement has a gas fireplace, 5th bedroom which could also be used as an office or bonus room, and sliding doors to access the back patio and the pool area. On the upper level, you'll find the primary bedroom with double sliding doors, a skylight in the primary bath, and walk in closet. Three additional bedrooms and a full bath comprise the remainder of this level. The wall between bedrooms 3 and 4 has been removed. The oversized garage has space for a work table, and an additional small room has hookups for additional laundry. (Current washer and dryer are located in the basement utility room). Come take a look -- this home is full of possibilities!! Property is being sold as is. Offers due Monday by 1pm, and I'll make every effort to have a decision by Monday evening.

Julia Bernstein 16


Comparative Market Analysis

46 Stonegate Dr $537,500 CLOSED

7/9/21

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

MLS #MDMC760508

Silver Spring, MD 20905

5 Beds 2.0/1.0 Baths Year Built 1973

2,479 Sq. Ft. ($217 / sqft) Days on market: 6

Julia Bernstein 17


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

800 Hobbs Dr $655,111 CLOSED

MLS #MDMC728592

Silver Spring, MD 20904

4 Beds 2.0/1.0 Baths Year Built 1953

11/30/20

2,647 Sq. Ft. ($247 / sqft) Days on market: 6

Details Prop Type: Single Family Residence

Full baths: 2.0

Off-market date: 12/1/20

Taxes: $5,205

Half baths: 1.0

County: MONTGOMERY

Acres: 0.9

Updated: Dec 1, 2020 8:48 AM

Subdivision: COLESVILLE FARM ESTATES

Lot Size: 39,083

List Price: $629,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

List date: 10/15/20

Orig list price: $629,000

Above Grade Finished Area Source: Estimated

Construction Materials: Other

Living Area Source: Estimated

Above Grade Finished Area Units: Square Feet

Cooling: Central A/C Cooling Fuel: Electric

Lot Features: Backs Parkland, Backs to Trees

Accessibility Features: Level Entry - Main

Direction Faces: North

Lot Size Source: Assessor

Fireplace Features: Wood

Lot Size Units: Square Feet

Basement: Connecting Stairway, Interior Access, Workshop

Fireplaces Total: 2

Main Level Bedrooms: 4

Heating: Heat Pump(s)

Other Structures: Shed Shop

Below Grade Finished Area Source: Assessor

Heating Fuel: Oil

Patio And Porch Features: Patio(s)

Below Grade Finished Area Units: Square Feet

Pool Features: Fenced, In Ground, Vinyl

Tax Year: 2020

Laundry Type: Basement Levels: 1.5

Roof: Architectural Shingle

Zoning: RE1

Style: ["Ranch/Rambler"]

Features

Hot Water: Electric

Room Type: Living Room, Dining Room, Family Room, Breakfast Room, Office, Utility Room Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 1 Water Source: Public

Julia Bernstein 18


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Remarks Escape into your private oasis at this beautifully landscaped rancher with a brand new roof (replaced in 2020). Warm and inviting, it feels like home the moment you step inside. The country kitchen boasts gorgeous cherry cabinets and homey breakfast area. The family and living rooms provide ample space for informal and formal gatherings alike. Four bedrooms are tucked away from the rest of house and provide the separation of space to unwind and relax. The master suite comes with a luxurious master bathroom, vaulted ceiling, and access to the backyard patio. On the other side of house, an all decked out home office provides the perfect setup for work or study. The rear of the property comes with a gated 800 SF pool, large lawn, oversized shed, and a basketball court. Surrounded by a beautiful manicured garden and mature trees as well backed into the woods, this home provides the privacy and ultimate comfort for all. Off the ICC (Rt 200), which provides quick access to both I-270 and I-95. Part of the Northeast Consortium consisting of Springbrook, Blake, and Paint Branch High School.

Julia Bernstein 19


Comparative Market Analysis

800 Hobbs Dr $655,111 CLOSED

11/30/20

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

MLS #MDMC728592

Silver Spring, MD 20904

4 Beds 2.0/1.0 Baths Year Built 1953

2,647 Sq. Ft. ($247 / sqft) Days on market: 6

Julia Bernstein 20


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

300 Piping Rock Dr

Silver Spring, MD 20905

$560,000 CLOSED

4 Beds 2.0/1.0 Baths Year Built 1962

7/27/21

MLS #MDMC2001676 1,598 Sq. Ft. ($350 / sqft) Days on market: 8

Details Prop Type: Single Family Residence

Acres: 0.54

List Price: $499,900

Lot Size: 23,397

Orig list price: $499,900

County: MONTGOMERY

Garages: 2

Taxes: $5,454

Subdivision: PEACHWOOD

List date: 6/30/21

Style: ["Ranch/Rambler"]

Off-market date: 7/28/21

Full baths: 2.0

Updated: Jul 29, 2021 3:55 AM

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Half baths: 1.0

Middle: FRANCIS SCOTT KEY Elementary: DR. CHARLES R. DREW

High: SPRINGBROOK

Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Cooktop, Dishwasher, Disposal, Dryer Electric, Exhaust Fan, Oven Wall, Refrigerator, Washer, Water Heater

Basement: Connecting Stairway, Daylight, Full, Full, Heated, Improved, Interior Access, Outside Entrance, Partially Finished, Rear Entrance, Walkout Level, Windows

Below Grade Finished Area Units: Square Feet

Flooring: Ceramic Tile, Hardwood, Laminated, Wood

Carport Spaces: 2

Furnished: No

Construction Materials: Brick, Brick Front

Heating: Baseboard - Hot Water

Cooling: Central A/C

Heating Fuel: Oil

Below Grade Finished Area: 1198

Cooling Fuel: Electric

Hot Water: Electric

Below Grade Finished Area Source: Assessor

Exterior Features: Outbuilding(s) Fireplace Features: Wood Fireplaces Total: 1

Julia Bernstein 21


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Interior Features: Attic, Entry Level Bedroom, Floor Plan Traditional, Formal/Separate Dining Room, Primary Bath(s), Tub Shower, Wood Floors

Lot Features: Corner, Front Yard, Rear Yard, SideYard(s)

Property Condition: Very Good

Structure Type: Detached

Lot Size Source: Assessor

Roof: Shingle

Tax Year: 2020

Lot Size Units: Square Feet

Total Garage And Parking Spaces: 8

Laundry Type: Basement, Dryer In Unit, Has Laundry, Lower Floor, Washer In Unit

# Of Detached Garage Spaces: 2

Room Type: Living Room, Dining Room, Bedroom 4, Kitchen, Laundry, Recreation Room, Storage Room, Utility Room, Bathroom 3

Levels: 2

Parking Features: Asphalt Driveway

Living Area Source: Assessor

Main Level Bedrooms: 3

Other Structures: Garage(s)

Tax Lot: P1

Water Source: Public

Special Listing Conditions: Standard

Window Features: Double Pane, Insulated, Replacement

Senior Community Yn: false

Zoning: R200

Sewer: Public Sewer

Driveway Spaces: 4

Remarks Please have all offers in by noon on Tuesday, July 6th - earlier than that is appreciated! Beautifully sited on half acre level corner lot, this solid all brick home has had many updates! Brand new roof, brand new oil burner, brand new CAC (all with transferrable warranties), freshly painted interior, newly refinished hardwood flooring on the main level, and brand new Luxury Vinyl Tile plank flooring on the lower level! Welcoming covered front porch entry leads to slate floored foyer and a spacious living room with wood-burning raised fireplace and bay window. Separate dining room has a double picture window overlooking the rear yard. Large kitchen with ceramic tile flooring, and door to the two car carport. Three large and bright bedrooms on the main level, and two full bathrooms. Stairway off foyer leads to a recreation room with brand new Luxury Vinyl Tile plank flooring and an exit to the backyard, patio, and detached two car garage. A fourth bedroom and a powder room also have brand new LVT flooring. A huge utility/storage roomisalso on the lower level. Detached two car garage is accessed via Old Barn Court, with a separate driveway. Seller just connected to public sewer (WSSC), so there is an annual deferred sewer connection (see disclosures). Home is in beautiful condition, but is being sold AS IS.

Julia Bernstein 22


Comparative Market Analysis

300 Piping Rock Dr $560,000 CLOSED

7/27/21

14319 New Hampshire Avenue, Silver Spring, Maryland 20904 Silver Spring, MD 20905

4 Beds 2.0/1.0 Baths Year Built 1962

MLS #MDMC2001676 1,598 Sq. Ft. ($350 / sqft) Days on market: 8

Julia Bernstein 23


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

14305 Stilton Cir $716,250 CLOSED

MLS #MDMC762464

Silver Spring, MD 20905

4 Beds 3.0/1.0 Baths Year Built 1988

7/12/21

2,632 Sq. Ft. ($272 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

Full baths: 3.0

List date: 6/10/21

Orig list price: $659,900

Half baths: 1.0

Off-market date: 7/12/21

Assoc Fee: $18

County: MONTGOMERY

Acres: 0.29 Lot Size: 12,833

Updated: Jul 12, 2021 2:41 PM

Taxes: $5,963

Subdivision: NORTH SHERWOOD FOREST

Garages: 2

List Price: $659,900

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Above Grade Finished Area Source: Assessor

Below Grade Finished Area Source: Estimated

Levels: 3

Structure Type: Detached

Below Grade Finished Area Units: Square Feet

Living Area Source: Estimated

Tax Lot: 72

Above Grade Finished Area Units: Square Feet

Lot Size Source: Assessor

Accessibility Features: None

Construction Materials: Brick, Combination

Total Garage And Parking Spaces: 2

Style: ["Colonial"]

Features

Association Fee Frequency: Monthly

Cooling: Central A/C

Lot Size Units: Square Feet

Tax Year: 2020

# Of Attached Garage Spaces: 2

Virtual Tour: View Zoning: R200

Basement: Walkout Level, Outside Entrance

Cooling Fuel: Electric Heating: Central

Special Listing Conditions: Standard

Below Grade Finished Area: 1200

Heating Fuel: Natural Gas

Senior Community Yn: false

Hot Water: Natural Gas

Sewer: Public Sewer

Water Source: Public

Julia Bernstein 24


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Remarks This stunning move-in-ready 4 bed 3.5 baths colonial-style home is located in the sought-after North Sherwood Forest community. The property boasts many amazing features, including a large backyard, newer furnace, and A/C, fresh paint, updated bathrooms, custom plantation shutters, two decks for entertaining, a two-car garage, and more. The main level includes a large kitchen with tons of cabinets and granite countertops, access to an entertainment-sized deck, wet bar, a family room, formal dining, and living rooms, as well as a half bath. Upstairs there are four bedrooms and two full bathrooms. The basement includes a large recreation room and ample storage space along with another room/office with a full bath. Great location and mere moments from shops, parks, grocery, restaurants, ICC, and much more. Must see!

Julia Bernstein 25


Comparative Market Analysis

14305 Stilton Cir $716,250 CLOSED

7/12/21

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

MLS #MDMC762464

Silver Spring, MD 20905

4 Beds 3.0/1.0 Baths Year Built 1988

2,632 Sq. Ft. ($272 / sqft) Days on market: 5

Julia Bernstein 26


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

14201 Notley Rd $965,000 CLOSED

MLS #MDMC729282

Silver Spring, MD 20904

5 Beds 3.0/0 Baths Year Built 1946

1/29/21

2,301 Sq. Ft. ($419 / sqft) Days on market: 55

Details Prop Type: Single Family Residence

Full baths: 3.0 Acres: 4.86

Updated: Apr 6, 2021 7:07 PM

County: MONTGOMERY

Lot Size: 211,702

List Price: $975,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: COLESVILLE OUTSIDE

List date: 10/8/20

Orig list price: $975,000

High: SPRINGBROOK

Off-market date: 1/29/21

Taxes: $5,752

Middle: WHITE OAK

Above Grade Finished Area Source: Assessor

Builder Name: John A. d'Epagnier, AIA

Above Grade Finished Area Units: Square Feet

Construction Materials: Frame

Green Energy Efficient: Exposure/Shade, Construction

Accessibility Features: None

Cooling: Central A/C

Heating: Baseboard - Hot Water

Appliances: Cooktop, Oven Wall

Cooling Fuel: Electric

Heating Fuel: Oil

Exterior Features: Extensive Hardscape, Outbuilding(s), Tennis Court(s)

Hot Water: Electric

Style: ["Mid-Century Modern"]

Elementary: WESTOVER

Features

Basement: Improved, Side Entrance Below Grade Finished Area Source: Assessor

Fencing: Board

Below Grade Finished Area Units: Square Feet

Fireplaces Total: 2

Fireplace Features: Stone

Interior Features: Breakfast Area, Built-Ins, Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan Open, Kitchen - Table Space, Pantry, Wood Floors

Laundry Type: Main Floor Levels: 1 Living Area Source: Assessor Lot Features: Front Yard, Landscaping, Partly Wooded, Open, Private, Rear Yard, Road Frontage, SideYard(s) Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 5

Flooring: Hardwood

Julia Bernstein 27


Comparative Market Analysis

Other Structures: Barn, Greenhouse, Office/Studio, Other Parking Features: Asphalt Driveway, Private, Circular Driveway Patio And Porch Features: Porch(es), Screened Property Condition: Excellent Roof: Tar/Gravel

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Bedroom 5, Kitchen, Basement, Breakfast Room, Bedroom 1, Laundry, Bathroom 1, Bathroom 3, Primary Bathroom, Screened Porch Special Listing Conditions: Standard

Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Year: 2020 Virtual Tour: View Notley Road, Silver Spring, MD 20904 Water Source: Well Zoning: R200

Remarks Located in Silver Spring, Maryland, just minutes from downtown Washington, DC, this private and enchanted 5-acre estate offers splendid natural beauty and endless possibilities. Designed & built by the renowned Montgomery County architect, John A. dEpagnier, AIA, in 1946 as his personal, family residence, Notley is an excellent example of Mid-Century Modern architecture made popular by Frank Lloyd Wright (FLW). The craftsmanship of a bygone era defines the interior spaces, featuring bluestone fireplaces, walls of windows and interior planters. Surrounded by beautiful landscaping, this inspired home has style and custom details to spare. One level living and a passive solar design makes this custom 5-bedroom (including a master-suite), 3-bathroom home a relaxing suburban oasis. Mature trees and boxwoods, a rustic 2-story barn, a studio/workshop building and a fenced tennis court offer versatile options for an inspired lifestyle. This estate is a gardeners paradise and has a greenhouse that is as functional as it is beautiful, and open spaces ready for tilling.--------------------------Never before offered for sale, this lovingly maintained property offers a rare opportunity to own a piece of history. This is a home of rare and beautiful distinction, close to schools, shopping and transportation, and minutes from DC & Baltimore, yet a world away.-------------------------Montgomery County, Maryland-based, self-employed architect, John A. dEpagnier, A.I.A., captured the American design movement and designed the mid-century modem Notley home by intermingling design, nature, and a communal lifestyle. Built in 3 phases, beginning in post-World War II in 1946, and set on 5 acres of rolling hillside in the Drumeldra Hills section of Colesville, the 5- bedroom, 3-bathroom, Cherokee Red-colored, frame construction Notley house with cantilevered roof, then groundbreaking post-and beam architectural design, and a wall of windows is representative of a significant historical mid-century modem movement at the time of its construction. The second phase was built in 1949-50 and the third phase in 1956. Additional structures on the property include a pump house (1946), workshop/studio (1961, 1970), storage barn (early 1980s), greenhouse (1975), and tennis court (1975).

Julia Bernstein 28


Comparative Market Analysis

14201 Notley Rd $965,000 CLOSED

1/29/21

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

MLS #MDMC729282

Silver Spring, MD 20904

5 Beds 3.0/0 Baths Year Built 1946

2,301 Sq. Ft. ($419 / sqft) Days on market: 55

Julia Bernstein 29


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

14412 Marine Dr $699,000 ACTIVE UNDER CONTRACT

MLS #MDMC763492

Silver Spring, MD 20905

4 Beds 3.0/0 Baths Year Built 1962

8/13/21

2,153 Sq. Ft. ($325 / sqft) Days on market: 44

Details Prop Type: Single Family Residence

Full baths: 3.0 Acres: 0.46

Updated: Jul 23, 2021 1:11 PM

County: MONTGOMERY

Lot Size: 20,203

List Price: $699,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Subdivision: NORTH SHERWOOD FOREST

Garages: 1

Orig list price: $699,000

High: SPRINGBROOK

List date: 6/10/21

Taxes: $5,456

Middle: WHITE OAK

Above Grade Finished Area Source: Assessor

Below Grade Finished Area: 660

Heating: Forced Air Heating Fuel: Natural Gas

Laundry Type: Has Laundry, Basement

Above Grade Finished Area Units: Square Feet

Below Grade Finished Area Source: Assessor

Hot Water: Electric

Levels: 2

Accessibility Features: None

Below Grade Finished Area Units: Square Feet

Interior Features: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Floor Plan Traditional, Formal/Separate Dining Room, Kitchen Country, Primary Bath(s), Tub Shower, Recessed Lighting, Window Treatments, Wood Floors

Living Area Source: Assessor

Style: ["Ranch/Rambler"]

Elementary: WESTOVER

Features

Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Wall, Refrigerator, Icemaker, Washer, Water Heater Basement: Fully Finished, Improved, Walkout Level

Construction Materials: Brick Cooling: Central A/C Cooling Fuel: Electric Fireplace Features: Brick, Mantel(s) Fireplaces Total: 2

Lot Features: Backs to Trees Lot Size Source: Assessor Lot Size Units: Square Feet Main Level Bedrooms: 3 # Of Attached Garage Spaces: 1 Other Structures: Storage Barn/Shed

Julia Bernstein 30


Comparative Market Analysis

Patio And Porch Features: Deck(s), Patio(s) Roof: Shingle

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Recreation Room, Utility Room, Primary Bathroom, Full Bath Special Listing Conditions: Standard

Security Features: Electric Alarm

Total Garage And Parking Spaces: 1

Senior Community Yn: false

View: Trees/Woods

Sewer: Public Sewer

Virtual Tour: View

Structure Type: Detached

Water Source: Public

Tax Lot: 2

Zoning: R200

Tax Year: 2020

Remarks Welcome home to this spacious rambler nestled in paradise!! You won't believe the HUGE sun room!! This home also features not one, but TWO wood burning fireplaces! Main level includes living room, dining room, kitchen with breakfast nook, sun room, spacious owner's suite, plus two additional bedrooms and full bath! The fully finished walkout level basement includes fantastic rec room, 4th bedroom, full bath, and utility/storage room. Retreat to your private backyard oasis complete with deck, patio, pond and luscious gardens filled with gorgeous azaleas! Recently replaced roof! Don't miss this one!!

Julia Bernstein 31


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

14412 Marine Dr $699,000 ACTIVE UNDER CONTRACT

MLS #MDMC763492

Silver Spring, MD 20905

4 Beds 3.0/0 Baths 8/13/21

Year Built 1962

2,153 Sq. Ft. ($325 / sqft) Days on market: 44

Julia Bernstein 32


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

14543 Good Hope Rd

Silver Spring, MD 20905

$649,000 HOLD

4 Beds 3.0/0 Baths Year Built 1987

6/23/21

MLS #MDMC2000652 2,952 Sq. Ft. ($220 / sqft) Days on market: 16

Details Prop Type: Single Family Residence

Full baths: 3.0

Off-market date: 7/8/21

Taxes: $4,057

Acres: 0.77

County: MONTGOMERY

Lot Size: 33,558

Updated: Jul 8, 2021 9:43 AM

Subdivision: COLESVILLE

List date: 6/23/21

List Price: $649,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Style: ["Ranch/Rambler"]

Orig list price: $699,999

Features Above Grade Finished Area Source: Estimated

Construction Materials: Other

Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Stainless Steel Appliances

Levels: 2

Senior Community Yn: false

Living Area Source: Estimated

Sewer: Public Sewer

Cooling: Central A/C Cooling Fuel: Electric

Lot Features: Backs to Trees

Tax Year: 2020

Fireplace Features: Double Sided

Lot Size Source: Assessor Lot Size Units: Square Feet

View: Park/Greenbelt, Trees/ Woods

Structure Type: Detached

Fireplaces Total: 1

Basement: Other, Fully Finished

Main Level Bedrooms: 3

Virtual Tour: View

Flooring: Hardwood

Other Structures: Shed

Water Source: Public

Below Grade Finished Area Source: Assessor

Heating: Central

Patio And Porch Features: Deck(s)

Zoning: RE2C

Heating Fuel: Natural Gas

Below Grade Finished Area Units: Square Feet

Hot Water: Natural Gas Laundry Type: Basement

Special Listing Conditions: Standard

Julia Bernstein 33


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Remarks Gorgeous newly renovated home in Montgomery County! Sitting on an acre of land and backing up to woods, this 4 bedroom 3 bathroom house has a fully finished basement with dual HVAC unit that features an additional bedroom , renovated bathroom with double shower heads and his and hers sinks. and office area! Beautiful open floor plan with new Brazilian walnut floors throughout, and separate kitchen and dinning, fully updated kitchen with all stainless steel appliances and uniquely beautiful light fixtures! A double sided fireplace leads to a formal sitting room area just off the large living room! Large deck with grand stairs leading to a large backyard overlooking trees! This house is a must see! Conveniently located just 10 Minutes from Glenmont Train Station (Red Line), 3 Minutes ICC Route 200. walking distance to Heyser Farms, Cloverly Park shopping center just 5 minutes away, and less than a mile away from a brand new Rec Center! Best of both worlds, for city living but with the privacy of an acre of land! Bonus features include an extra sewer line run to the backyard for possible mother-in-law suite or even small home, and a brand new roof!

Julia Bernstein 34


Comparative Market Analysis

14543 Good Hope Rd $649,000 HOLD

6/23/21

14319 New Hampshire Avenue, Silver Spring, Maryland 20904 Silver Spring, MD 20905

4 Beds 3.0/0 Baths Year Built 1987

MLS #MDMC2000652 2,952 Sq. Ft. ($220 / sqft) Days on market: 16

Julia Bernstein 35


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

14713 Old Barn Ct $549,990 HOLD

MLS #MDMC2008098

Silver Spring, MD 20905

4 Beds 3.0/0 Baths

1,989 Sq. Ft. ($277 / sqft)

Year Built 1972

8/4/21

Photo not available

Days on market: 1

Photo not available

Details Prop Type: Single Family Residence

Full baths: 3.0

List date: 8/4/21

Orig list price: $549,990

Acres: 0.33

Off-market date: 8/4/21

Taxes: $4,851

County: MONTGOMERY

Lot Size: 14,479

Subdivision: PEACHWOOD

Garages: 2

Updated: Aug 4, 2021 1:27 PM List Price: $549,990

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Levels: 2

Senior Community Yn: false

Living Area Source: Estimated

Sewer: Public Sewer

Lot Size Source: Assessor

Tax Lot: 3

Lot Size Units: Square Feet

Tax Year: 2020

Main Level Bedrooms: 3

Total Garage And Parking Spaces: 2

Style: ["Ranch/Rambler"]

Features Above Grade Finished Area Source: Estimated

Below Grade Finished Area Units: Square Feet

Above Grade Finished Area Units: Square Feet

Construction Materials: Brick, Combination

Accessibility Features: None

Cooling: Central A/C, Ceiling Fan(s)

Basement: Fully Finished, Garage Access, Heated, Improved, Interior Access, Rear Entrance Below Grade Finished Area: 1683 Below Grade Finished Area Source: Estimated

Cooling Fuel: Electric Fireplaces Total: 1 Green Energy Efficient: Appliances

# Of Attached Garage Spaces: 2

Heating: Forced Air, Central

Property Condition: Excellent, Very Good, Good, Average

Heating Fuel: Electric

Roof: Architectural Shingle

Hot Water: Electric

Special Listing Conditions: Standard

Structure Type: Detached

Water Source: Public Year Built Effective: 2019 Zoning: R200

Julia Bernstein 36


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Remarks No Description for this property.

Julia Bernstein 37


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

144 Bonifant Rd $650,000 ACTIVE

MLS #MDMC2008348

Silver Spring, MD 20905

3 Beds 2.0/1.0 Baths Year Built 1947

7/28/21

1,974 Sq. Ft. ($329 / sqft) Days on market: 8

Details Prop Type: Single Family Residence

Full baths: 2.0

List date: 7/28/21

Taxes: $5,602

Half baths: 1.0

County: MONTGOMERY

Acres: 1.12

Updated: Aug 3, 2021 3:52 PM

Subdivision: BEALLS MANOR

Lot Size: 48,600

List Price: $650,000

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Garages: 5

Orig list price: $650,000

Above Grade Finished Area Source: Assessor

Construction Materials: Other

Levels: 3

Above Grade Finished Area Units: Square Feet

Cooling: Central A/C

Living Area Source: Assessor

Cooling Fuel: Electric

Lot Size Source: Assessor

Accessibility Features: None

Fireplace Features: Wood

Lot Size Units: Square Feet

Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator

Fireplaces Total: 1

Main Level Bedrooms: 1

Flooring: Ceramic Tile, Hardwood, Carpet

# Of Detached Garage Spaces: 5

Heating: Baseboard - Hot Water

Pets Allowed: No Pet Restrictions

Heating Fuel: Natural Gas

Property Condition: Excellent

Total Garage And Parking Spaces: 11

Hot Water: Natural Gas

Roof: Shingle

Virtual Tour: View

Style: ["Cape Cod"]

Features

Basement: Partially Finished Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet

Room Type: Dining Room, Kitchen, Great Room, Mud Room Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Year: 2020

Water Source: Public

Julia Bernstein 38


Comparative Market Analysis

Zoning: R200

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Driveway Spaces: 6

Remarks Fabulous Cape Cod on amazing tranquil lot secluded by nature and foliage. Three spacious bedrooms 2 recently renovated full bathes and one half bath. Completely remodeled kitchen with open access to huge great room addition featuring panoramic view of tranquil backyard with over an acre of land. Property is elegantly lighted with landscape lighting highlighting this mid century masterpiece. If that is not enough for you, wait till you see the multi stall garage with room for all the toys and space for storage. Here's the bonus for the car or motorcycle enthusiast, two automotive lifts and air compressor convey with sale! This home is also equipped with a backup generator too! Don't hesitated to come and see this lovely home, words can't do justice to this beauty and it won't last long at this amazing price!

Julia Bernstein 39


Comparative Market Analysis

144 Bonifant Rd $650,000 ACTIVE

7/28/21

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

MLS #MDMC2008348

Silver Spring, MD 20905

3 Beds 2.0/1.0 Baths Year Built 1947

1,974 Sq. Ft. ($329 / sqft) Days on market: 8

Julia Bernstein 40


Analysis

Julia Bernstein


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Comparable Property Statistics S

7 Sold Listings LOWEST

$537,500

P

$699,000

$965,000

AVG PRICE / SQFT

AVG DOM

$296

12

AVERAGE

$699,000

HIGH

AVG PRICE / SQFT

AVG DOM

$699,000

$325

44

AVG PRICE / SQFT

AVG DOM

$248

8

AVG PRICE / SQFT

AVG DOM

$329

8

2 Hold Listings LOWEST

$549,990

A

$684,837

HIGH

1 Active Under Contract Listings LOWEST

H

AVERAGE

AVERAGE

$599,495

HIGH

$649,000

1 Active Listings LOWEST

$650,000

AVERAGE

$650,000

HIGH

$650,000

Julia Bernstein 42


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Sold Property Analysis Averages

107.8%

Homes sold for an average of 107.8% of their list price.

12

Days on market

It took an average of 12 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

329 Greenspring Ln

$599,900

$610,000

101.68%

5

$223

1006 Somerset Ln

$625,000

$750,000

120.00%

3

$345

46 Stonegate Dr

$450,000

$537,500

119.44%

6

$217

800 Hobbs Dr

$629,000

$655,111

104.15%

6

$247

300 Piping Rock Dr

$499,900

$560,000

112.02%

8

$350

14305 Stilton Cir

$659,900

$716,250

108.54%

5

$272

14201 Notley Rd

$975,000

$965,000

98.97%

55

$419

$634,100

$684,837

108.00%

12

$296

Averages

Julia Bernstein 43


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Suggested List Price

Analysis of the comparable properties suggests a list price of:

$900,000 $310 / sqft

Comparable Averages per Status S

7 Sold

P

$684,837 $296 / sqft $684,837

$296 / sqft

1 Active Under Contract

H

2 Hold

$699,000 $325 / sqft

$599,495 $248 / sqft

44 Days on Market

8 Days on Market

12 Days on Market

A

1 Active

$650,000 $329 / sqft 8 Days on Market

Additional Notes 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 fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

Julia Bernstein 44


Closing

Julia Bernstein


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Marketing Action Plan Below are a few of the services we can provide as part of the marketing of your home. Before we can get started, the first important step is to: Sign and complete the Listing Agreement

First Week Enter listing into the MLS system. Put up "For Sale" yard sign. Install lock box. (optional) Schedule time to shoot property photos. Review showing procedure. Prepare property flyer. Syndicate listing to real estate websites.

Second Week Invite brokers and agents to tour home. Begin agent to agent marketing efforts. Review and update status.

Third Week Hold Open House.

Ongoing activities Show property to potential buyers. Follow-up on Internet leads. Monitor market conditions. Monitor comparable properties for sale. Monitor foreclosures and short sales in market.

Julia Bernstein 46


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Commission Distribution

The vast majority of real estate agents work on commission, meaning that they are paid once the transaction closes. To simplify how commissions are routed, sales commissions are paid out of the seller's proceeds, according to the terms of the listing agreement and/or the sales contract. Thus, the buyers' agent commission is paid by the sellers, as a portion of their listing commission. All commissions paid to a real estate agent have to pass through their broker; only a broker can pay a commission and only a broker can sign a listing agreement or a buyer representation agreement. When the home is listed in the Multiple Listing Service (MLS), the listing broker discloses the terms of the commission to other cooperating brokers, so they know what compensation is offered before they bring their buyers to the listing. When the buyer's broker presents an offer to the seller, it typically includes a provision to collect their share of the sales commission, as offered by the listing agent in the MLS. At the closing, you will see the amount of commission being paid to each agent's brokerage on the closing disclosure form. There will be a portion for the listing brokerage and a portion for the selling brokerage. Each agent will then be paid by their broker for whatever amount of the commission they have earned based on their compensation agreement with their brokerage. Because agents are independent contractors, they use their portion of the commission to cover all of their business costs, including marketing, health insurance, licensing costs, business insurance, continuing education, and more.

Julia Bernstein 47


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Why you need a real estate professional Given the proliferations of services that help home buyers and sellers complete their own transaction, you may have considered whether you should go it yourself instead of working with an agent. However, there is no substitute for an experienced professional, and taking on all the responsibility yourself could be costlier than an agent's commission in the long run. According to the National Association of Realtors' 2019 Profile of Home Buyers and Sellers, only 8% of home sales were accomplished as for sale by owner (FSBO), and of those, 77% knew their buyer personally. FSBO home sales had a median price of $200,000 in 2019, compared to the agent assisted home sale median price of $280,000. Beyond the price advantage of using an agent, homes listed by real estate professionals get more exposure and their sellers get more support. Here are some other considerations: • They're trained and licensed professionals. • They have experience in your neighborhood and your market. • They have oversight from brokers and state licensing officials. • Their job is to advise you the best way to reach your goals. • They know how to present your home and deal with buyers. • They know how and where to market properties effectively. • They know how to overcome typical snags that occur in real estate transactions and closings. • They understand state-required disclosures and look out for your best interests. • They understand personal safety and security for your belongings during showings. • They know the best resources to make transactions go more smoothly, from bankers to home-stagers to contractors. • They have access to the most accurate and comprehensive data - the MLS, the only data repository that has the most up-to-date listing and sales information. • They know how to negotiate. • Their job is making real estate transactions successful. • Their continuing education keeps them up-to-date on housing issues. With a real estate professional in your corner, you'll have a partner by your side to advocate for you and advise you through the entire home sale process.

Julia Bernstein 48


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Intelligent Pricing and Timing

Pricing a home for sale is as much art as science, but there are a few truisms that never change. • Fair market value attracts buyers, overpricing never does. • The first two weeks of marketing are crucial. • The market never lies, but it can change its mind. Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons, but the two biggest are location and condition. Generally, fair market value can be estimated by considering the comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special, which tempts them to put a higher price on it, believing they can always come down later, but that's a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range and look for the best value in that range.

Julia Bernstein 49


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Intelligent Pricing and Timing

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, full description and photos in the local Multiple Listing Service, distribution across the Internet, open houses, broker's caravan, ads, and email blasts to your listing agent's buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don't get many showings or offers, you've probably overpriced your home, and it's not comparing well to the competition. Since you can't change the location, you'll have to either improve the home's condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home's curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you've lost precious time and perhaps allowed a stigma to cloud your home's value. Intelligent pricing isn't about getting the most for your home - it's about getting your home sold quickly at fair market value.

Julia Bernstein 50


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Curb Appeal, A First Impression That Lasts Most buyers form their first impression of your home before they even get out of the car. Curb appeal is the view from the curb that gives potential buyers the first chance to fall in love with your home. The exterior of your home should be in pristine condition - clean, cleared of clutter, with no visible repairs needed. A broken step, overgrown bush, or abandoned toys in the yard can spoil both the home's appearance and the potential buyer's first impression. Here's a simple cleanup and spruce up checklist to make sure your home leaves a stellar first impression: • Clear driveways and walkways of snow, weeds, and debris. Repair or replace cracked steps or pavers. Whenever possible, driveways should be clear of vehicles. • Keep your lawn mowed, edged, and watered. Prune dead branches and plants. Weed flower beds and replace leggy, thin landscaping with fresh plants and flowers. • Replace loose or damaged roof shingles, clean the gutters, and paint and caulk window trim and doors. • Make the front door area shine: consider repainting your front door and placing a new welcome mat. Polish the door hardware and make sure all front facing windows are clean. • Power wash siding, brick, windows, and porches. • Replace light fixtures -and if possible, pick new fixtures with the same mounting system to save time and hassle. • Install new house numbers that match the finish of your light fixtures. • Consider upgrading your mailbox; it's an inexpensive fix and the first thing that buyers will see when they pull up to your home. • Install flowerboxes or pots of blooming flowers for a pop of color. • Hang a seasonal wreath from your front door.

Julia Bernstein 51


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Staging Your Home When you list your home for sale, it becomes a product rather than your personal retreat. You want potential homebuyers to be able to envision themselves living in the home, which can be difficult if your family's personality is still evident. Before going on market, your agent will recommend decluttering and depersonalizing, but you may also want to bring in a professional stager to help guide you through showing your home in its most marketable light. When done correctly, staging can not only set the right emotional tone for buyers about the home, but can also help highlight the most attractive features of the home. Staging can potentially make you money, too: 77% of listing agents said a well-staged environment increases the dollar value buyers are willing to offer, according to the National Association of Realtors Profile of Home Staging. Staging can also shorten the length of time your home is on the market, with agents reporting that their staged homes were going under contract faster than those without. A professional stager will typically begin with an in-home consultation, where they will walk through your home with you, review the property, and provide a report with their advice for the home. The report will include advice on de-cluttering, storing items, reorganizing furniture placement, and possibly changing out paint colors in different rooms. The stager may also give tips for improving curb appeal. The most common rooms that are staged are the living room, kitchen, master bedroom, and dining room. Depending on what your home needs, and whether you want to do the work yourself or hire it done, your stager could handle bringing in supplementary furniture and décor items, manage painting or other contractors coming to your home, and have a more hands on role in getting your home ready to go on the market. The cost of services provided will vary depending how much assistance your home will need.

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Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Showings and Open House Checklist Once your home goes on the market, real estate agents may call to show your home anytime, even if you've listed preferred showing times in the instructions. Keeping your home in showtime condition can be challenging, especially if you have children and pets. Here are some pointers for presenting your home in the best light Showings & Open House Checklist • Eliminate clutter: The less cluttered your home, the better it shows. If you have a lot of knick-knacks, collections, or family mementos, consider renting a portable storage unit, which can be stored until it's time to deliver it to your new home. • Keep, donate, throw away: If you have time before you go on the market, sort unwanted belongings into one of these three baskets. You'll receive more in tax benefits for your donations than pennies on the dollar at a garage sale. It's faster, more efficient and you'll help more people. • Remove temptations: Take valuable jewelry and collectibles to a safety deposit box, a safe, or store them in a secure location. Also secure your prescription medicine and private financial documents. • Remove breakables: Figurines, china, crystal and other breakables should be packed and put away in the garage or storage. • Be hospitable: You want your home to look like a home. Open the blinds, turn on the lights, and make visitors feel welcomed. • Have a family plan of action: When a showing happens at an inconvenient time, get the family engaged. Everyone can pitch in to tidy up in a hurry: pick up glasses, plates, clothing, and anything else left lying about. • Get in the habit: Wash dishes immediately after meals. Clean off countertops. Make beds in the morning. Keep pet toys and beds washed and smelling fresh. • Clean out the garage and attic: Buyers want to see what kind of storage there is.

The Essential Five-minute Clean-up for Showings Everyone gets a basket and cleans up clutter. Check for hazards, like toys left on the floor. Make sure all toys, including bicycles, are put away. • Put pets in daycare, sleep cages or take them with you: In the listing instructions, there should be a warning if there is a big dog on premises. Buyers with allergies also may appreciate knowing in advance if you have pets. • Turn on lights: Open the drapes, turn on lights so buyers can really see. • Give the buyer privacy: The buyer cannot come to your home without being accompanied by an agent. They will be more comfortable touring the home without your presence.

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Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Moving Checklist Moving to a new home can be an exciting but stressful journey. By finding the right movers and having a good, though flexible, moving plan, most of the common moving headaches can be easily avoided. Start planning Finding the best mover for you at the right price involves a simple evaluation of your needs. Moving companies provide a wide range of services, from planning your move, storing your things, packing and unpacking, to decorating and organizing your belongings in your new home. You can choose which services you want and have them tailored to suit your budget.

Compare movers When you compare price and service estimates from several companies, you will find that estimates are based on the weight of your household items, the distance they will be moved, and the amount of packing and other services you will require. Be sure to show the estimator every item that will be moved. Estimates should be done in person and include a clear explanation of rates and charges that will apply, the mover's liability for your belongings, pick-up and delivery schedules, and claims protection. If you are moving interstate, you should read and understand all of the information you will receive. In addition to brochures explaining their various services, moving companies should give you a copy of a consumer booklet titled "Your Rights and Responsibilities When You Move" and information regarding the mover's participation in a Dispute Settlement Program. Distribution of the consumer booklet and the requirement that movers must offer shippers neutral arbitration as a means of settling disputes that may arise concerning loss or damage on household goods shipments are requirements of the Federal Highway Administration (FHWA).

Be prepared Even in the most well-planned moves, something unexpected may happen. In those instances, insurance is crucial. Check with your homeowner's insurance provider about coverage for your belongings while moving. Your mover will provide either released value insurance (about $0.60 per pound of goods lost or damaged, according to NAVL.com) or full replacement value, which you must sign for on your bill of lading. If you are not sure how to estimate the value of your belongings for insurance purposes, your insurance carrier can help. Items of special value such as heirlooms, paintings, or collectibles can be insured under separate riders. In the event of damage to an item, file a claim immediately. Be sure to save the packing materials to show to the adjuster, should there be any problems.

Packing up and moving on Once the time has come to start packing and organizing, here are some tips to make the process smooth: • Start by packing the things you use most infrequently.

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Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

• Pare down items that have accumulated over time by grouping them into 3 categories Keep, Donate, or Throw Away. • Create an inventory sheet of valuables and a list of which boxes they were packed in. • Label your boxes according to the rooms where they'll be moved - bedroom #2, 1st floor bath, etc. Consider using different colored stickers/tape for each room. • Provide your movers with copies of the floorplan of your new home, so they can move more efficiently without having to stop and ask you where things go. • Try to keep boxes under 50 lbs. whenever possible, put heavier items in smaller boxes to reduce bulkiness, and place lighter items in larger boxes. • Dispose of items that can't be moved, like flammable liquids, cleaning fluids, etc. Prepare your mower by emptying the fuel and recycle your propane grill tanks. • Snap a photo of the back of electronic devices so you know which wires to attach when setting them up in your new home. • Pack an overnight bag with moving day essentials, including toiletries, clothes, medications, and charger cords.

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Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Listing Paperwork Overview It is my job to bring you an offer that you want, at the price you want, at the terms you want. To begin that process we need to complete the listing agreement paperwork. This will let me start the process of marketing and selling your home, but it also serves to protect you and your assets. Here's an overview of the information I will need to begin the process of selling your home. I'm going to start off with the top 5 pieces of information we capture in the listing agreement. 1. First off I'm going to need basic information like your name and the address of the property we are listing for sale. 2. We also want to agree on what types of offers we can accept. 3. We need to include the agreed-upon list price. 4. We will also document what my compensation will be when the property is sold. 5. One of the most important aspects of a listing agreement is to highlight what items are not included with the sale of the property. For instance, is there a chandelier you want to take with you? Here is some other important information we will also capture in the listing agreement. • How I handle multiple offer situations • Required disclosures • Indemnification • Fair housing • HOA details • Special Assignments? • Yard Sign • Lockbox • Is the property vacant or leased, how long? • Tax • Mediation • Was or is the house in foreclosure • Has a notice of default been issued • State laws • Internet marketing permission There may be other information that is tied to state or local regulations but I will make sure to go over these while we are completing the paperwork.

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Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Notes

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Guidance

Julia Bernstein


Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

Client Testimonials Here's a list of my happy customers! Customer 1 Customer 2 Customer 3

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Comparative Market Analysis

14319 New Hampshire Avenue, Silver Spring, Maryland 20904

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.

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