______
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
James Maroney & Shelby Myers JUNE 24, 2021
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
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 Uelds 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
5000 Norbeck Road, Rockville, Maryland 20853
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
P = PENDING
A = ACTIVE
BEDS
BATHS
SQFT
PRICE
5000 Norbeck Rd
4
2.00
2,855
-
1
Subject
2
MDMC748604
S
14929 Clavel St
4
3.0/0
1,396
$693,000
3
MDMC748276
S
14735 Myer Ter
4
2.0/2.0
2,415
$685,000
4
MDMC745384
S
14215 Arctic Ave
5
2.0/1.0
2,247
$655,000
5
MDMC746082
S
5208 Trailway Dr
5
2.0/1.0
2,364
$722,500
6
MDMC762858
S
15008 Red Clover Dr
4
2.0/0
2,416
$675,000
7
MDMC755824
S
14313 Yosemite Ct
5
2.0/1.0
1,723
$720,500
8
MDMC760742
P
14517 Barkwood Dr
4
3.0/0
1,516
$667,000
9
MDMC764012
A
13907 Flint Rock Rd
5
3.0/1.0
1,976
$639,000
10
MDMC762612
A
14708 Lake Ter
5
3.0/0
2,644
$720,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
3
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
14929 Clavel St
5/3/21
4
3.0/0
1,396
$693,000
$496
14735 Myer Ter
4/28/21
4
2.0/2.0
2,415
$685,000
$284
14215 Arctic Ave
3/23/21
5
2.0/1.0
2,247
$655,000
$291
5208 Trailway Dr
4/23/21
5
2.0/1.0
2,364
$722,500
$306
6/7/21
4
2.0/0
2,416
$675,000
$279
5/28/21
5
2.0/1.0
1,723
$720,500
$418
2,093
$691,833
$346
15008 Red Clover Dr 14313 Yosemite Ct
Averages
P
PENDING LISTINGS
ADDRESS
14517 Barkwood Dr
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
7/16/21
4
3.0/0
1,516
$667,000
$440
1,516
$667,000
$440
Averages
A
ACTIVE LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
13907 Flint Rock Rd
-
5
3.0/1.0
1,976
$639,000
$323
14708 Lake Ter
-
5
3.0/0
2,644
$720,000
$272
2,310
$679,500
$298
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
5000 Norbeck Road, Rockville, Maryland 20853
14929 Clavel St $693,000 CLOSED
MLS #MDMC748604
Rockville, MD 20853
4 Beds 3.0/0 Baths Year Built 1971
5/3/21
1,396 Sq. Ft. ($496 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Acres: 0.32
List Price: $575,000
High: ROCKVILLE
Lot Size: 14,028
Orig list price: $575,000
Middle: EARLE B. WOOD
County: MONTGOMERY
List date: 3/25/21
Taxes: $5,826
Subdivision: MANOR LAKE
Off-market date: 5/3/21
Style: ["Ranch/Rambler"]
Updated: May 3, 2021 3:59 PM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary: FLOWER VALLEY
Full baths: 3.0
Features Above Grade Finished Area Source: Estimated Above Grade Finished Area Units: Square Feet Accessibility Features: None Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Oven/Range - Gas, Washer, Water Heater
Basement: Partially Finished, Rear Entrance, Walkout Level, Windows
Cooling Fuel: Electric
Below Grade Finished Area: 790
Fireplace Features: Wood
Below Grade Finished Area Source: Estimated
Exterior Features: Chimney Cap(s) Fireplaces Total: 1 Flooring: Carpet, Ceramic Tile, Hardwood
Interior Features: Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan Traditional, Kitchen - Eat-In, Primary Bath(s), Window Treatments, Wood Floors Levels: 2
Furnished: No
Living Area Source: Estimated
Carport Spaces: 1
Heating: Forced Air
Lot Size Source: Assessor
Construction Materials: Other
Heating Fuel: Natural Gas
Lot Size Units: Square Feet
Hot Water: Electric
Main Level Bedrooms: 3
Below Grade Finished Area Units: Square Feet
Cooling: Central A/C
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
6
Comparative Market Analysis
Parking Features: Asphalt Driveway Patio And Porch Features: Deck(s) Property Condition: Excellent Roof: Architectural Shingle
5000 Norbeck Road, Rockville, Maryland 20853
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Sun/ Florida Room, Bathroom 2, Bathroom 3, Primary Bathroom Special Listing Conditions: Standard
Senior Community Yn: false
Water Source: Public
Sewer: Public Sewer Structure Type: Detached
Window Features: Double Pane
Tax Lot: 24
Zoning: R90
Tax Year: 2020
Driveway Spaces: 1
Total Garage And Parking Spaces: 2 View: Garden/Lawn
Remarks Dont miss out- This exquisite Rambler in the popular Manor Lake community has been updated, improved, and offers so much for the discerning buyer. The large, eat-in kitchen features all of the modern updates and features you would expect, and includes a new Gas Stove (18), Dishwasher (18) gorgeous cabinetry and countertops. The Living and Dining room glow with beautiful hardwood Voors, fresh paint, crown/chair molding, and plenty of light from the adjacent sunroom. The glorious sunroom provides a spectacular view of the large rear yard and has its own HVAC (19), beautiful tile Vooring, and access to the deck, which was rebuilt, and stairs to the lower level added (20). The Primary bedroom features an en suite full bathroom (updated 15) there are two additional bedrooms and another updated full bath. The walk-out lower level features a large family room with Ureplace, sliding door to the fabulous backyard, an additional bedroom, full bath, and still has plenty of unUnished area for storage. The property features plenty of outdoor space for fun and entertainment. ***Mechanical Updates*** New HVAC (15), Water Heater (19), Gutter Guards (18) Chimney rebricked and new crown (16). Walk to public transit, and so convenient to all of the things that make Rockville great- Shopping, Parks, Entertainment, Dining; you will be glad to call this home.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
7
Comparative Market Analysis
14929 Clavel St
5000 Norbeck Road, Rockville, Maryland 20853
$693,000 CLOSED
MLS #MDMC748604
Rockville, MD 20853
5/3/21
4 Beds 3.0/0 Baths Year Built 1971
1,396 Sq. Ft. ($496 / sqft) Days on market: 7
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
8
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
14735 Myer Ter $685,000 CLOSED
MLS #MDMC748276
Rockville, MD 20853
4 Beds 2.0/2.0 Baths Year Built 1966
4/28/21
2,415 Sq. Ft. ($284 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Half baths: 2.0 Acres: 0.23
Updated: Apr 28, 2021 10:04 AM
County: MONTGOMERY
Lot Size: 10,156
List Price: $599,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: MANOR WOODS
List date: 3/27/21
Orig list price: $599,000
High: ROCKVILLE
Off-market date: 4/28/21
Taxes: $6,056
Middle: EARLE B. WOOD
Basement: Connecting Stairway, Daylight, Full, Fully Finished, Heated, Improved, Interior Access
Carport Spaces: 1
Fireplaces Total: 2
Construction Materials: Brick, Vinyl Siding
Flooring: Hardwood, Ceramic Tile, Carpet
Cooling: Central A/C
Heating: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Exterior Features: Extensive Hardscape, Exterior Lighting, Play Equipment, Play Area
Hot Water: Natural Gas
Style: ["Split Level"]
Elementary: LUCY V. BARNSLEY
Full baths: 2.0
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Other Appliances: Stainless Steel Appliances, Built-In Microwave, Oven/Range Gas, Dishwasher, Disposal, Refrigerator, Icemaker, Washer - Front Loading, Dryer - Front Loading
Basement Finished Percent: 95.0 Below Grade Finished Area: 300 Below Grade Finished Area Source: Assessor Below Grade Finished Area Units: Square Feet
Fencing: Decorative, Wood, Privacy, Rear Fireplace Features: Brick, Fireplace - Glass Doors
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
9
Comparative Market Analysis
Interior Features: Built-Ins, Wood Floors, Carpet, Crown Moldings, Chair Railings, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Eat-In, Breakfast Area, Recessed Lighting, Upgraded Countertops, Walkin Closet(s), Window Treatments Laundry Type: Main Floor Levels: 3 Living Area Source: Assessor
5000 Norbeck Road, Rockville, Maryland 20853
Lot Features: Landscaping, Premium, Private, Rear Yard Lot Size Source: Assessor Lot Size Units: Square Feet Other Structures: Shed Parking Features: Asphalt Driveway Patio And Porch Features: Patio(s) Property Condition: Excellent Roof: Asphalt
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Foyer, Laundry, Recreation Room, Utility Room, Bathroom 2, Primary Bathroom, Half Bath Special Listing Conditions: Standard Senior Community Yn: false
Tax Lot: 23 Tax Year: 2020 Total Garage And Parking Spaces: 3 View: Garden/Lawn Water Source: Public Window Features: Double Pane, Vinyl Clad Zoning: R90 Driveway Spaces: 2
Sewer: Public Sewer Structure Type: Detached
Remarks Nestled on a cul-de-sac in the desirable Manor Woods community, within minutes of the picturesque wooded trails, parks & lakes of Rock Creek Park and convenient to commuter routes and shopping, this remodeled Colonial is a perfect oasis for today's at-home lifestyle. Enjoy the community of living on a cul-de-sac as well as your own private rear gardens and patio that beckons you to sit back and relax with family and friends. Features & Amenities include: 4 Bedrooms, 2 Full Baths and 2 Half Baths with an inviting hardwood Foyer and guest Closet with organizer. The Sun-Ulled Living Room with hardwood Voor, beautiful brick wood-burning Ureplace updated recessed lighting and expansive Voor-to-ceiling windows opens to the Dining Room with picture & chair rail moldings and hardwood Voor with views of the rear gardens and Patio. The formal Dining Room opens to the Gourmet Kitchen. The spacious and newly renovated Kitchen with stainless steel appliances including gas cooking, granite counters, subway tile back splash, cherry wood cabinets with built in wine bar & pantry with extra storage, beautiful hardwood Vooring and eat-in Breakfast Area with access to the Deck round out this well-appointed, updated Kitchen. Breakfast Area with table space offers Voor-to-ceiling bay window views of the rear gardens and Patio. Separate Laundry & Mudroom with ceramic tile Voor and Powder Room with hardwood Voor off the Carport into the Kitchen make bringing in your groceries easy and convenient. Sun Ulled Family Room Den with recessed lighting, custom built-in louvered shutters features a 2nd brick wood-burning Ureplace with hardwood Voor and affords plenty of space to relax and entertain or use for schooling in today's at-home lifestyle. Study/OWce with custom built-in cabinets & shelving, with louvered shutters and recessed lighting is perfect for the home oWce or reading/music room. The lush Primary Bedroom with updated en suite ceramic Bath features hardwood Voor, custom closet organizers, sunUlled gable end windows with en suite ceramic Shower Bath with new Uxtures and vanity creates a private oasis. Three additional large Bedrooms feature spacious closets, custom built-in louvered shutters, and newly reUnished hardwood Voors; hall Linen Closet and pull-down Attic Storage. Updated ceramic Hall Tub Bath boasts new Uxtures, dual sink vanity, and updated lighting with en suite linen closet. Expansive lower level Recreation Room with recessed lighting and plush carpeting is perfect for entertaining and relaxing, or for a play or media room and has a nearby guest Powder Room with pedestal sink and tile Voor as well as a storage/utility room. The private fenced rear yard with large convenient shed is nicely landscaped for easy to care for perennials and shrubs so you can enjoy your weekends on your patio grilling and enjoying the outdoor entertaining space.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
10
Comparative Market Analysis
14735 Myer Ter
5000 Norbeck Road, Rockville, Maryland 20853
$685,000 CLOSED
MLS #MDMC748276
Rockville, MD 20853
4/28/21
4 Beds 2.0/2.0 Baths Year Built 1966
2,415 Sq. Ft. ($284 / sqft) Days on market: 5
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
11
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
14215 Arctic Ave $655,000 CLOSED
MLS #MDMC745384
Rockville, MD 20853
5 Beds 2.0/1.0 Baths Year Built 1963
3/23/21
2,247 Sq. Ft. ($291 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.23
Updated: Apr 6, 2021 4:20 PM
County: MONTGOMERY
Lot Size: 10,157
List Price: $565,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: BEL PRE WOODS
List date: 2/25/21
Orig list price: $565,000
High: ROCKVILLE
Off-market date: 3/24/21
Taxes: $5,097
Middle: EARLE B. WOOD
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Flooring: Hardwood
Lot Size Source: Assessor
Heating: Forced Air
Lot Size Units: Square Feet
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Main Level Bedrooms: 4
Accessibility Features: None
Construction Materials: Brick, Combination, Asphalt
Hot Water: Natural Gas
Property Condition: Very Good
Style: ["Split Level"]
Elementary: LUCY V. BARNSLEY
Full baths: 2.0
Features
Appliances: Oven/Range Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Exhaust Fan, Washer Basement: Other
Cooling: Ceiling Fan(s), Central A/C Cooling Fuel: Electric Fireplace Features: Fireplace - Glass Doors Fireplaces Total: 1
Interior Features: Combination Dining/Living, Dining Area, Floor Plan Traditional, Kitchen - Country, Kitchen - Table Space Levels: 2 Living Area Source: Assessor
Roof: Composite, Shingle 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
12
Comparative Market Analysis
Tax Lot: 3
5000 Norbeck Road, Rockville, Maryland 20853
Tax Year: 2021
Water Source: Public
Zoning: R90
Remarks A DELIGHTFUL JEWEL! FANTASTIC OPPORTUNITY TO OWN THIS NEW LISTING LOCATED IN SOUGHT-AFTER BELL-PREWOODS! FEELS LIKE A BRAND-NEW HOME! OVER 2,200 SQFT LIVING SPACE WITH 5 LARGE BEDROOMS! CUTTING EDGE DESIGN, HARDWOOD FLOORS, NEW KITCHEN, NEW APPLIANCES, WALKING CLOSETS, RECESS LIGHTS, SOLAR PANELS, LARGE BEAUTIFUL FENCED BACKYARD, AND MUCH MORE! GREAT LOCATION! CLOSE TO THE TRAILS OF ROCK CREEK PARK & SCHOOLS, CLOSE TO METRO STOPS, ROCKVILLE PIKE, 495 AND 200
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
13
Comparative Market Analysis
14215 Arctic Ave
5000 Norbeck Road, Rockville, Maryland 20853
$655,000 CLOSED
MLS #MDMC745384
Rockville, MD 20853
3/23/21
5 Beds 2.0/1.0 Baths Year Built 1963
2,247 Sq. Ft. ($291 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
14
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
5208 Trailway Dr $722,500 CLOSED
MLS #MDMC746082
Rockville, MD 20853
5 Beds 2.0/1.0 Baths Year Built 1970
4/23/21
2,364 Sq. Ft. ($306 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.28
Updated: Apr 30, 2021 4:42 PM
County: MONTGOMERY
Lot Size: 12,000
List Price: $679,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: MANOR LAKE
Garages: 1
Orig list price: $679,000
High: ROCKVILLE
Style: ["Split Level", "Traditional"]
List date: 3/11/21
Taxes: $5,694
Middle: EARLE B. WOOD
Full baths: 2.0
Elementary: FLOWER VALLEY
Off-market date: 4/23/21
Features Above Grade Finished Area Source: Assessor Above Grade Finished Area Units: Square Feet Accessibility Features: Level Entry - Main
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Extra Refrigerator/Freezer, Oven Single, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Water Heater Basement: Other, Daylight, Partial, Fully Finished, Heated, Improved Below Grade Finished Area: 810
Below Grade Finished Area Source: Estimated Below Grade Finished Area Units: Square Feet Construction Materials: Other Cooling: Central A/C, Ceiling Fan(s)
Exclusions: Kitchen wall shelving to be removed-does not convey Exterior Features: Extensive Hardscape, Gutter System, Water Falls, Other Fencing: Rear, Wood
Cooling Fuel: Electric
Fireplace Features: Fireplace - Glass Doors, Mantel(s)
Door Features: French
Fireplaces Total: 1 Flooring: Hardwood Heating: Forced Air
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
15
Comparative Market Analysis
Heating Fuel: Natural Gas
5000 Norbeck Road, Rockville, Maryland 20853
Lot Features: Landscaping, Pond, Front Yard, Rear Yard
Property Condition: Very Good
Sewer: Public Sewer
Lot Size Source: Assessor
Roof: Architectural Shingle
Tax Lot: 7
Interior Features: Attic, Ceiling Fan(s), Chair Railings, Kitchen - Eat-In, Recessed Lighting, Walk-in Closet(s), Wood Floors
Lot Size Units: Square Feet
Tax Year: 2020
Laundry Type: Lower Floor, Hookup, Washer In Unit, Dryer In Unit
Other Structures: Shed, Garage(s)
Levels: 3
Parking Features: Paved Driveway
Room Type: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Recreation Room, Utility Room, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom
Living Area Source: Estimated
Patio And Porch Features: Patio(s)
Special Listing Conditions: Standard
Hot Water: 60+ Gallon Tank, Natural Gas
Main Level Bedrooms: 1 # Of Attached Garage Spaces: 1
Senior Community Yn: false
Structure Type: Detached
Total Garage And Parking Spaces: 3 Utilities: Cable TV Available, Natural Gas Available Water Source: Public Window Features: Double Pane Zoning: R90 Driveway Spaces: 2
Remarks *** OFFERS to be presented Tuesday 3/16/21 -noon*** Thank you!!*Welcome to Manor Lake and this lovely 2364 sq ft 4 lvl split/colonial home. Recently remodeled and updated--OPEN CONCEPT living/dining/kitchen areas provide easy living for today's buyers. New kitchen cabinets, granite counters, stainless steel appliances (2018), gleaming hardwood Voors throughout main level. Large family room w/ stone Ureplace, Uxed French doors open to rear Vagstone patio. Adjacent Bonus Room--5th BR/oWce plus powder room. Upper level Master Bedroom inc. walk in closet, MBA-double sink , glass enclosed shower and linen closet. Three additional bedrooms all have hardwood Voors under existing carpet. Lower level Rec Rm w/ lots of natural light. Open laundry w, front load washer/dryer/laundry tub. The truly exceptional fenced rear yard boasts natural stone waterfall and pond, gorgeous landscaping with Vowering trees and bushes designed to bloom throughout the season. Enjoy quiet moments or entertain guests on the Vagstone patio. Updates include HVAC system Aug. 2016; 60 gallon water heater; front load washer dryer, premium siding and extra large gutter/downspouts--Oct. 2020. Architectural shingle roof. Interior doors, front doors and windows replaced. Garage door replaced, driveway for 2 +car parking. This home has so much to offer!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
16
Comparative Market Analysis
5208 Trailway Dr
5000 Norbeck Road, Rockville, Maryland 20853
$722,500 CLOSED
MLS #MDMC746082
Rockville, MD 20853
4/23/21
5 Beds 2.0/1.0 Baths Year Built 1970
2,364 Sq. Ft. ($306 / sqft) Days on market: 7
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
17
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
15008 Red Clover Dr
Rockville, MD 20853
$675,000 CLOSED
4 Beds 2.0/0 Baths Year Built 1969
6/7/21
MLS #MDMC762858 2,416 Sq. Ft. ($279 / sqft) Days on market: 0
Details Prop Type: Single Family Residence
Full baths: 2.0
Off-market date: 6/7/21
Taxes: $6,686
Acres: 0.47
County: MONTGOMERY
Lot Size: 20,264
Updated: Jun 7, 2021 12:35 PM
Subdivision: FLOWER VALLEY
Garages: 2
List Price: $675,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List date: 6/7/21
Orig list price: $675,000
Above Grade Finished Area Source: Assessor
Construction Materials: Brick, Vinyl Siding
Living Area Source: Assessor
Structure Type: Detached
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Lot Size Source: Assessor
Tax Year: 2020
Cooling Fuel: Electric
Lot Size Units: Square Feet
Accessibility Features: None
Fireplaces Total: 1
Total Garage And Parking Spaces: 2
Basement: Other
Heating: Forced Air
# Of Attached Garage Spaces: 2
Style: ["Split Level"]
Features
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Below Grade Finished Area Units: Square Feet
Levels: 4
Hot Water: Natural Gas
Special Listing Conditions: Standard
Tax Lot: 23
Water Source: Public Zoning: R200
Senior Community Yn: false Sewer: Public Sewer
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
18
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
Remarks No Description for this property.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
19
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
14313 Yosemite Ct $720,500 CLOSED
MLS #MDMC755824
Rockville, MD 20853
5 Beds 2.0/1.0 Baths Year Built 1965
5/28/21
1,723 Sq. Ft. ($418 / sqft) Days on market: 6
Details Prop Type: Single Family Residence
Half baths: 1.0 Acres: 0.25
Updated: Jun 10, 2021 4:21 PM
County: MONTGOMERY
Lot Size: 11,064
List Price: $599,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Subdivision: MANOR WOODS
List date: 5/12/21
Orig list price: $599,000
High: ROCKVILLE
Off-market date: 5/28/21
Taxes: $5,369
Middle: EARLE B. WOOD
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Hot Water: Natural Gas
Above Grade Finished Area Units: Square Feet
Carport Spaces: 1
Style: ["Bi-level"]
Elementary: LUCY V. BARNSLEY
Full baths: 2.0
Features Special Listing Conditions: Standard
Cooling: Central A/C
Basement: Walkout Level
Interior Features: Built-Ins, Kitchen - Eat-In, Recessed Lighting, Solar Tube(s), Skylight(s), Upgraded Countertops, Walk-in Closet(s)
Cooling Fuel: Electric
Below Grade Finished Area: 550
Levels: 3
Tax Year: 2020
Fireplace Features: Wood
Below Grade Finished Area Source: Assessor
Fireplaces Total: 1
Living Area Source: Assessor
Total Garage And Parking Spaces: 1
Heating: Forced Air
Lot Size Source: Assessor
Virtual Tour: View
Heating Fuel: Natural Gas
Lot Size Units: Square Feet
Water Source: Public
Accessibility Features: 2+ Access Exits
Construction Materials: Brick, Stone
Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 10
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
20
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
Zoning: R90
Remarks Offer deadline Monday, May 17th at 4pm. Sensational sun-Ulled single family home nestled on a double court in Rockvilles sought after Manor Woods. A private park like oasis conveniently located by the Bauer Community Center, Norbeck Crossing Shopping Center and a short walk to Rock Creek Park, Lake Frank, Lake Needwood and Lucy V. Barnsley Elementary School. This Uve bedroom home includes an open living and dining room, a bonus sunroom addition, and an eat-in kitchen with brand new Quartz counters (2021), stainless steel appliances throughout, and exposed brick. The second level features an expansive master suite with a fully renovated bathroom. Three additional spacious bedrooms and full bathroom complete the upstairs. The lower level includes a large family room with built-ins, a wood burning Ureplace, half bath, laundry, and a Ufth bedroom with walk-out to the yard. The backyard is beautifully landscaped with a private deck accessed with sliding doors off of the sunroom. Additional upgrades include a new roof (2018), new gutters and leaf guards (2018), HVAC (2018), Uve solar tubes and two skylights (2018).
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
21
Comparative Market Analysis
14313 Yosemite Ct
5000 Norbeck Road, Rockville, Maryland 20853
$720,500 CLOSED
MLS #MDMC755824
Rockville, MD 20853
5/28/21
5 Beds 2.0/1.0 Baths Year Built 1965
1,723 Sq. Ft. ($418 / sqft) Days on market: 6
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
22
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
14517 Barkwood Dr
Rockville, MD 20853
$667,000 PENDING
4 Beds 3.0/0 Baths Year Built 1966
7/16/21
MLS #MDMC760742 1,516 Sq. Ft. ($440 / sqft) Days on market: 7
Details Prop Type: Single Family Residence
Style: ["Contemporary", "MidCentury Modern"]
List date: 6/10/21
Orig list price: $639,000
Off-market date: 6/16/21
Taxes: $4,726
County: MONTGOMERY
Full baths: 3.0
Subdivision: MANOR WOODS
Acres: 0.2
Updated: Jun 18, 2021 4:48 PM
Lot Size: 8,855
List Price: $667,000
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Fireplaces Total: 1
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Accessibility Features: None
Construction Materials: Asphalt, Block, Brick, Concrete, CPVC/PVC, Copper Plumbing, Wood Siding, Tile, Other
Features
Basement: Connecting Stairway, Daylight, Partial, Full, Heated, Improved, Interior Access, Outside Entrance, Partially Finished, Side Entrance, Windows Below Grade Finished Area: 550
Cooling: Central A/C Cooling Fuel: Electric Fireplace Features: Fireplace - Glass Doors, Brick, Gas/ Propane
Heating: Forced Air Hot Water: Natural Gas
Lot Features: Backs to Trees, Front Yard, Landscaping, Level, Open, Premium, Private, Rear Yard, SideYard(s)
Interior Features: Attic, Breakfast Area, Dining Area, Floor Plan - Open, Kitchen Gourmet, Primary Bath(s), Recessed Lighting
Lot Size Source: Assessor
Levels: 3
Property Condition: Excellent, Very Good
Living Area Source: Assessor
Lot Size Units: Square Feet Patio And Porch Features: Deck(s)
Roof: Architectural Shingle Special Listing Conditions: Standard
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
23
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
Senior Community Yn: false
Structure Type: Detached
Tax Year: 2020
Water Source: Public
Sewer: Public Sewer
Tax Lot: 16
View: Garden/Lawn
Zoning: R90
Remarks OPEN HOUSE - SUNDAY JUNE 13th (1-3pm)- MID CENTURY MODERN MASTERPIECE in highly sought after Manor Woods! Impeccable Deigert and Yerkes design that has been beautifully updated in recent years! STUNNING main level Voor plan includes a remodeled kitchen that is Ulled with natural sunlight, an impressive living room with extraordinary picture windows with unbelievable backyard views, and a separate dining room! Spacious upper level features a recently updated hall bathroom, two large bedrooms, and a large owner's suite with luxurious bathroom! A lower level includes a recently updated full bathroom with guest room, oWce/playroom, and storage room! Enjoy plenty of additional storage space in a spacious and fully insulated crawlspace! Recent updates by the sellers include the roof, heating and cooling systems, most of the windows, and reUnished hardwood Voors! PERFECT MANOR WOODS LOCATION! Just seconds to Manor Woods Swimming Pool, Rock Creek Park Trails, Lucy V. Barnsley Elementary and Earle B. Wood Middle School! Just minutes to Rockville Metro and Rockville Pike shopping! COME QUICKLY! Offers are due by Wednesday June 16th at noon!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
24
Comparative Market Analysis
14517 Barkwood Dr
5000 Norbeck Road, Rockville, Maryland 20853 Rockville, MD 20853
$667,000 PENDING
7/16/21
4 Beds 3.0/0 Baths Year Built 1966
MLS #MDMC760742 1,516 Sq. Ft. ($440 / sqft) Days on market: 7
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
25
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
13907 Flint Rock Rd
Rockville, MD 20853
$639,000 ACTIVE
5 Beds 3.0/1.0 Baths Year Built 1968
6/24/21
MLS #MDMC764012 1,976 Sq. Ft. ($323 / sqft) Days on market: 1
Details Prop Type: Single Family Residence
Full baths: 3.0 Half baths: 1.0
Updated: Jun 23, 2021 8:07 PM
County: MONTGOMERY
Acres: 0.2
List Price: $639,000
Subdivision: BEL PRE WOODS
Lot Size: 8,800
Orig list price: $639,000
List date: 6/24/21
Taxes: $5,177
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Accessibility Features: None
Carport Spaces: 1
Basement: Connecting Stairway, Daylight, Partial, Full, Fully Finished, Heated, Improved, Interior Access, Other
Construction Materials: Other
Below Grade Finished Area: 350
Fireplaces Total: 1
Interior Features: 2nd Kitchen, Attic, Breakfast Area, Built-Ins, Carpet, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Country, Kitchen Eat-In, Kitchen - Table Space, Primary Bath(s), Wood Floors, Other
Style: ["Colonial"]
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Features
Cooling: Central A/C Cooling Fuel: Electric Flooring: Hardwood, Carpet, Ceramic Tile
Hot Water: Natural Gas
Levels: 5
Living Area Source: Assessor Lot Size Source: Assessor Lot Size Units: Square Feet Property Condition: Very Good, Good Special Listing Conditions: Standard Senior Community Yn: false Sewer: Public Sewer Structure Type: Detached Tax Lot: 19
Heating: Forced Air
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
26
Comparative Market Analysis
Tax Year: 2020
5000 Norbeck Road, Rockville, Maryland 20853
Total Garage And Parking Spaces: 1
Water Source: Public
Zoning: R90
Remarks OPEN HOUSE SATURDAY JUNE 26th (1-3pm) - UNBELIEVABLE VALUE in desirable Bel Pre Woods! This very popular Uve bedroom, split-colonial Voor plan is the largest in the community and features a spacious eat in kitchen, a formal living and dining room, an impressive owner's suite, and four additional upper level bedrooms! A lower level includes a relaxing family room, half bathroom, secondary kitchen and laundry room! Also enjoy a fully Unished basement with full bathroom and plenty of storage! A pristine, fully fenced backyard is great for recreation, summer entertainment, and relaxing evenings at home! A convenient carport and additional concrete slab are perfect for parking needs! GREAT LOCATION! Centrally located Rockville community is just minutes to Rockville Metro, Rock Creek Park trails! Area schools/shopping, and major commuter routes! Come quickly! Offers due Tuesday June 29th at noon!
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
27
Comparative Market Analysis
13907 Flint Rock Rd
5000 Norbeck Road, Rockville, Maryland 20853 Rockville, MD 20853
$639,000 ACTIVE
6/24/21
5 Beds 3.0/1.0 Baths Year Built 1968
MLS #MDMC764012 1,976 Sq. Ft. ($323 / sqft) Days on market: 1
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
28
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
14708 Lake Ter $720,000 ACTIVE
MLS #MDMC762612
Rockville, MD 20853
5 Beds 3.0/0 Baths Year Built 1967
6/16/21
2,644 Sq. Ft. ($272 / sqft) Days on market: 8
Details Prop Type: Single Family Residence
Acres: 0.56
Orig list price: $720,000
Middle: EARLE B. WOOD
Lot Size: 24,527
Taxes: $6,602
County: MONTGOMERY
List date: 6/16/21
Subdivision: MANOR LAKE Style: ["Split Level"]
Updated: Jun 22, 2021 6:01 PM
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary: FLOWER VALLEY
Full baths: 3.0
List Price: $720,000
High: ROCKVILLE
Above Grade Finished Area Source: Assessor
Construction Materials: Brick
Living Area Source: Assessor
Structure Type: Detached
Above Grade Finished Area Units: Square Feet
Cooling: Central A/C
Lot Size Source: Assessor
Tax Year: 2020
Cooling Fuel: Electric
Lot Size Units: Square Feet
Accessibility Features: None
Fireplaces Total: 1
Total Garage And Parking Spaces: 2
Basement: Other
Features Tax Lot: 98
Flooring: Hardwood
Parking Features: Concrete Driveway
Below Grade Finished Area Source: Assessor
Heating: Forced Air
Roof: Asphalt
Water Source: Public
Below Grade Finished Area Units: Square Feet
Heating Fuel: Natural Gas
Zoning: R200
Hot Water: Natural Gas
Special Listing Conditions: Standard
Carport Spaces: 2
Levels: 4
Virtual Tour: View
Senior Community Yn: false Sewer: Public Sewer
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
29
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
Remarks Calling all nature lovers! This property has a fantastic private half acre yard and is steps to Lake Frank and Rock Creek Park. Located on a cul-de-sac on one of the prettiest streets in the neighborhood, you cannot beat this location. Open Voor plan, bright & light with fantastic living space. Sought after Manor Lake community. Kitchen with two ovens opens to living room. Relax in the large family room with Ureplace and beautiful new designer tile. French doors lead to an idyllic Vat back yard. Fifth bedroom/oWce/library on this level as well as an updated full bath. Large two spot carport and long expanded driveway Uts 8 cars. Many important updates have been completed. New windows (2020), New Roof (2021), Updates include new designer tile on family room level (2020), updated bathroom (2021), reUnished hardwoods (2021) Lovely section of the neighborhood, close to Lake Frank and minutes from shopping, metro, public transporation, ICC, I270, Rockville Town Center.
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
30
Comparative Market Analysis
14708 Lake Ter
5000 Norbeck Road, Rockville, Maryland 20853
$720,000 ACTIVE
MLS #MDMC762612
Rockville, MD 20853
6/16/21
5 Beds 3.0/0 Baths Year Built 1967
2,644 Sq. Ft. ($272 / sqft) Days on market: 8
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
31
Analysis
Alex Martinez Group RE The Agency DC Metro
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
Comparable Property Statistics S
6 Sold Listings LOWEST
$655,000
P
$691,833
HIGH
$722,500
AVG PRICE / SQFT
AVG DOM
$346
6
AVG PRICE / SQFT
AVG DOM
$440
7
AVG PRICE / SQFT
AVG DOM
$298
4
1 Pending Listings LOWEST
$667,000
A
AVERAGE
AVERAGE
$667,000
HIGH
$667,000
2 Active Listings LOWEST
$639,000
AVERAGE
$679,500
HIGH
$720,000
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
33
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
Sold Property Analysis Averages
112.4%
Homes sold for an average of 112.4% of their list price.
6
Days on market
It took an average of 6 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
14929 Clavel St
$575,000
$693,000
120.52%
7
$496
14735 Myer Ter
$599,000
$685,000
114.36%
5
$284
14215 Arctic Ave
$565,000
$655,000
115.93%
6
$291
5208 Trailway Dr
$679,000
$722,500
106.41%
7
$306
15008 Red Clover Dr
$675,000
$675,000
100.00%
-
$279
14313 Yosemite Ct
$599,000
$720,500
120.28%
6
$418
$615,333
$691,833
112.43%
6
$346
Averages
Alex Martinez Group RE The Agency DC Metro Cell: 2402582668 Info@AlexGroupRE.com | Www.TheAgencyDC.com
34
Comparative Market Analysis
5000 Norbeck Road, Rockville, Maryland 20853
The Value of Your Home In a neighborhood of similar homes, why is one worth more than another? That's the question that's teased buyers and sellers for ages, but the answer is simple. Every home is different When a home is sold, a willing seller and a willing buyer determine the value of that home with the sale price. That price then becomes a benchmark for other similar homes, but other factors come into play. The most important are:
Location The closer a home is to jobs, parks, transportation, schools, and community services, the more desirable it is.
Size Square footage impacts home value because a larger home is built using more materials, and gives the homeowner more usable space. And a larger lot size could mean more privacy than a smaller one.
Number of bedrooms and baths Additional bedrooms and bathrooms raise the value of a home compared to similar homes that do not have those rooms.
Features and >nishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home Unished with hardwood Voors 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 Vowers 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
35