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Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
Rachel Lopez JULY 20, 2021
Juan C Granados The Agency DC Metro
Juan C Granados A Former Licensed Contractor and Active Investor with Numerous Years of Experience in Flipping Homes, I have taken My Expertise to the other side of the Real Estate Market; Sales. I will be honored to share my extensive knowledge in The Real Estate Market to get you the best possible edge you need when it comes to the Excitement of Purchasing or Listing your Home! Professional Credentials: -District of Columbia Real Estate License -Maryland Real Estate License -Virginia Real Estate License -Member of National Association of Realtors -Member of Maryland Association of Realtors -Member of Greater Capitol Area Association of Realtors Professional Experience: -Active Real Estate Investments -Investment Production Management -High Volume Real Estate Listing Dept. Management -Former Licensed Maryland Home Improvement Contractor -Former Licensed Locksmith
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Juan C Granados A Former Licensed Contractor and Active Investor with Numerous Years of Experience in Flipping Homes, I have taken My Expertise to the other side of the Real Estate Market; Sales. I will be honored to share my extensive knowledge in The Real Estate Market to get you the best possible edge you need when it comes to the Excitement of Purchasing or Listing your Home! Professional Credentials: -District of Columbia Real Estate License -Maryland Real Estate License -Virginia Real Estate License -Member of National Association of Realtors -Member of Maryland Association of Realtors -Member of Greater Capitol Area Association of Realtors Professional Experience: -Active Real Estate Investments -Investment Production Management -High Volume Real Estate Listing Dept. Management -Former Licensed Maryland Home Improvement Contractor -Former Licensed Locksmith
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
2
Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
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 Qelds 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.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = CLOSED
BEDS
BATHS
SQFT
PRICE
5804 63rd Ave
2
1.00
1,080
-
1
Subject
2
MDPG584970
S
5031 Edmonston Rd
2
1.0/0
832
$255,000
3
MDPG589890
S
5314 59 Th Ave
2
1.0/0
896
$262,500
4
MDPG586050
S
6304 59 Th Ave
2
1.0/1.0
1,380
$240,000
5
MDPG592466
S
4909 70 Th Pl
2
1.0/0
952
$226,000
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
1/8/21
2
1.0/0
832
$255,000
$306
5314 59 Th Ave
2/19/21
2
1.0/0
896
$262,500
$293
6304 59 Th Ave
12/8/20
2
1.0/1.0
1,380
$240,000
$174
4909 70 Th Pl
1/15/21
2
1.0/0
952
$226,000
$237
1,015
$245,875
$253
5031 Edmonston Rd
Averages
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Listings
Juan C Granados The Agency DC Metro
Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
5031 Edmonston Rd
Hyattsville, MD 20781
$255,000 CLOSED
2 Beds 1.0/0 Baths Year Built 1920
1/8/21
MLS #MDPG584970 832 Sq. Ft. ($306 / sqft) Days on market: 5
Details Prop Type: Single Family Residence
Full baths: 1.0 Acres: 0.23
Updated: Apr 6, 2021 6:25 PM
County: PRINCE GEORGES
Lot Size: 10,212
List Price: $249,900
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Subdivision: NONE AVAILABLE
List date: 10/17/20
Orig list price: $249,900
High: BLADENSBURG
Off-market date: 1/9/21
Taxes: $1,976
Middle: WILLIAM WIRT
Above Grade Finished Area Units: Square Feet
Basement: Connecting Stairway, Interior Access, Partial, Poured Concrete, UnQnished, Windows
Exterior Features: Outbuilding(s), Secure Storage
Accessibility Features: 2+ Access Exits
Below Grade Finished Area Source: Assessor
Flooring: Hardwood, Ceramic Tile, Vinyl
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Below Grade Finished Area Units: Square Feet
Heating: Central, Forced Air
Laundry Type: Basement, Has Laundry
Construction Materials: Other
Heating Fuel: Oil
Levels: 1
Hot Water: Electric
Living Area Source: Estimated
Style: ["Bungalow"]
Elementary: PORT TOWNS
Features Above Grade Finished Area Source: Estimated
Cooling: Window Unit(s) Cooling Fuel: Electric
Fencing: Chain Link
Interior Features: Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Formal/Separate Dining Room, Window Treatments, Wood Floors
Lot Features: Level, Road Frontage, Trees/Wooded
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
Lot Size Source: Assessor
5804 63rd Avenue, Riverdale, Maryland 20737
Senior Community Yn: false
View: Trees/Woods
Sewer: Public Sewer
Water Source: Public
Main Level Bedrooms: 2
Room Type: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Sun/ Florida Room, Laundry
Structure Type: Detached
Other Structures: Shed
Rooms Total: 7
Tax Lot: 13, 14, 15
Parking Features: Private
Special Listing Conditions: Standard
Tax Year: 2019
Window Features: Double Pane, Replacement, Screens, Vinyl Clad
Lot Size Units: Square Feet
Property Condition: Good, Average Roof: Shingle
Security Features: Security System
Total Garage And Parking Spaces: 6
Zoning: R55 Off Street Spaces: 6
Utilities: Cable TV
Remarks Looking for an affordable single family home close in with a large private lot? This might be the one! Very cute 1920 bungalow on as large lot (LTS 13.14.15) surrounded by mature trees and evergreen bushes providing year round privacy. Newly renovated bathroom, insulated replacement windows and recent furnace. Home retains it's 1920's character with original hardwood Roors, high ceilings and custom mouldings. Relaxing covered front porch with composite decking and light Qlled sunroom. Fenced yard is great for pets and huge driveway with tons of off street parking. Public transportation, eateries and Fletcher's Field Park are just steps away.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
5031 Edmonston Rd $255,000 CLOSED
1/8/21
5804 63rd Avenue, Riverdale, Maryland 20737 Hyattsville, MD 20781
2 Beds 1.0/0 Baths Year Built 1920
MLS #MDPG584970 832 Sq. Ft. ($306 / sqft) Days on market: 5
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
9
Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
5314 59 Th Ave $262,500 CLOSED
MLS #MDPG589890
Riverdale, MD 20737
2 Beds 1.0/0 Baths Year Built 1952
2/19/21
896 Sq. Ft. ($293 / sqft) Days on market: 45
Details Prop Type: Single Family Residence
Full baths: 1.0 Acres: 0.09
Updated: Feb 22, 2021 9:35 AM
County: PRINCE GEORGES
Lot Size: 4,018
List Price: $262,500
Subdivision: TEMPLETON KNOLLS
List date: 11/27/20
Orig list price: $249,900
Off-market date: 2/22/21
Taxes: $2,502
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Levels: 3
Above Grade Finished Area Units: Square Feet
Construction Materials: Brick, Combination
Lot Size Source: Assessor
Tax Year: 2020
Accessibility Features: None
Cooling: None
Lot Size Units: Square Feet
Water Source: Public
Basement: Full, Partially Finished
Cooling Fuel: None
Special Listing Conditions: Standard
Zoning: R35
Heating: Forced Air
Below Grade Finished Area Source: Assessor
Heating Fuel: Natural Gas
Senior Community Yn: false
Hot Water: Natural Gas
Sewer: Public Sewer
Style: ["Colonial"]
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Features Living Area Source: Assessor
Structure Type: Twin/SemiDetached Tax Lot: 3
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
Remarks Beautiful end unit townhome with lots of upgrades! Gorgeous dark tone wooden Roors on main and upper level. Brand new kitchen, new cabinetry, sleek appliances and lots of natural light. Bright beautiful colors make the house pop and showcase the abundance of space throughout. Fully remodeled bathroom with modern Qxtures and a great Row of natural sunlight. Great, open basement space with lots of potential. brand new piping in kitchen, basement and bathroom. The new, kitchen accessible deck, overlooks the large back yard, which features a patio area. ideal for entertaining and family gatherings. Conveniently located near major roads, restaurants, shops and much more! Don't miss out!
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
5314 59 Th Ave $262,500 CLOSED
2/19/21
5804 63rd Avenue, Riverdale, Maryland 20737
MLS #MDPG589890
Riverdale, MD 20737
2 Beds 1.0/0 Baths Year Built 1952
896 Sq. Ft. ($293 / sqft) Days on market: 45
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
6304 59 Th Ave $240,000 CLOSED
MLS #MDPG586050
Riverdale, MD 20737
2 Beds 1.0/1.0 Baths Year Built 1937
12/8/20
1,380 Sq. Ft. ($174 / sqft) Days on market: 3
Details Prop Type: Single Family Residence
Full baths: 1.0
Off-market date: 12/9/20
Taxes: $3,681
Half baths: 1.0
County: PRINCE GEORGES
Acres: 0.14
Updated: Dec 9, 2020 2:02 AM
Subdivision: RIVERDALE HEIGHTS
Lot Size: 6,000
List Price: $250,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
List date: 11/10/20
Orig list price: $250,000
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Levels: 1.5
Above Grade Finished Area Units: Square Feet
Construction Materials: Other
Lot Size Source: Assessor
Sewer: Public Sewer
Accessibility Features: None
Cooling: Window Unit(s)
Lot Size Units: Square Feet
Structure Type: Detached
Basement: Other
Cooling Fuel: Electric
Main Level Bedrooms: 2
Tax Lot: 51
Below Grade Finished Area: 896
Fireplaces Total: 1
Pets Allowed: No Pet Restrictions
Tax Year: 2019
Heating: Radiator
Below Grade Finished Area Source: Estimated
Heating Fuel: Oil
Property Condition: Good
Zoning: R55
Style: ["Bungalow"]
Features Living Area Source: Estimated
Special Listing Conditions: Standard Senior Community Yn: false
Water Source: Public
Hot Water: Natural Gas
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
13
Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
Remarks 2 bedroom 1.5 Baths Detached house with basement and loft. House features a large eat in kitchen, separate dining room, wood burning Qre place, fence in front and back yards, a driveway capable of accommodating multiple cars and much more. Will not last long.
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
6304 59 Th Ave $240,000 CLOSED
12/8/20
5804 63rd Avenue, Riverdale, Maryland 20737
MLS #MDPG586050
Riverdale, MD 20737
2 Beds 1.0/1.0 Baths Year Built 1937
1,380 Sq. Ft. ($174 / sqft) Days on market: 3
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
4909 70 Th Pl $226,000 CLOSED
MLS #MDPG592466
Hyattsville, MD 20784
2 Beds 1.0/0 Baths
952 Sq. Ft. ($237 / sqft)
Year Built 1949
1/15/21
Days on market: 6
Photo not available
Details Prop Type: Single Family Residence
Full baths: 1.0
Off-market date: 1/16/21
Taxes: $3,113
Acres: 0.15
County: PRINCE GEORGES
Lot Size: 6,500
Updated: Feb 22, 2021 8:20 AM
Subdivision: WOODLAWN
List date: 12/29/20
List Price: $200,000
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Style: ["Bungalow"]
Orig list price: $200,000
Features Above Grade Finished Area Source: Assessor
Cooling Fuel: Electric
Lot Size Source: Assessor
Sewer: Public Sewer
Exterior Features: Exterior Lighting
Lot Size Units: Square Feet
Structure Type: Detached
Main Level Bedrooms: 2
Tax Lot: 5
Fireplace Features: Wood
Accessibility Features: No Stairs, Level Entry - Main
Other Structures: Shed
Tax Year: 2020
Fireplaces Total: 1
Below Grade Finished Area Source: Assessor
Heating: Forced Air, Ceiling
Property Condition: Below Average
Total Garage And Parking Spaces: 3
Heating Fuel: Natural Gas
Roof: Shingle
Water Source: Public
Hot Water: Natural Gas
Special Listing Conditions: Standard
Zoning: R55
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet Construction Materials: Other Cooling: Central A/C
Laundry Type: Hookup Levels: 1 Living Area Source: Assessor
Driveway Spaces: 3
Security Features: Security System Senior Community Yn: false
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
16
Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
Remarks SFH that offers natural sunlight with private large fenced backyard. Originally 3 BR home and can be converted back. Nestled in community, convenient to shopping and major roadways. Sold AS-IS. Property needs renovation. Priced to sell and won't last long, must see!
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
17
Analysis
Juan C Granados The Agency DC Metro
Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
Comparable Property Statistics S
4 Sold Listings LOWEST
$226,000
AVERAGE
$245,875
HIGH
$262,500
AVG PRICE / SQFT
AVG DOM
$253
14
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
19
Comparative Market Analysis
5804 63rd Avenue, Riverdale, Maryland 20737
Sold Property Analysis Averages
102.2%
Homes sold for an average of 102.2% of their list price.
14
Days on market
It took an average of 14 days for a home to sell.
Analysis ADDRESS
ORIG LIST PRICE
SOLD PRICE
% OF ORIG LIST PRICE
DOM
$ PER SQFT
5031 Edmonston Rd
$249,900
$255,000
102.04%
5
$306
5314 59 Th Ave
$249,900
$262,500
105.04%
45
$293
6304 59 Th Ave
$250,000
$240,000
96.00%
3
$174
4909 70 Th Pl
$200,000
$226,000
113.00%
6
$237
$237,450
$245,875
103.55%
14
$253
Averages
Juan C Granados The Agency DC Metro Cell: 2403673520 Juan@AlexGroupRE.com
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