2017 ARLINGTON
Sun Gazette
R E A L E S TAT E G U I D E Whe re in t
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Right here in Northern Virginia helping you with one of your largest investments. Whether you are buying or selling, call
Mark Middendorf to ensure a smooth and stress free transaction. A real estate transaction should be a wonderful and pleasant experience and I can help you achieve that.
Mark Middendorf
703.928.3915 | mark.middendorf@longandfoster.com
Voted Best Realtor by Washingtonian Magazine
...inviting you home! ARLINGTON
$888,888
N. ARLINGTON
ARLINGTON
$900,000
OPEN SUNDAY 2 TO 4
OPEN SUNDAY 2 TO 4
2 BLOCKS TO BALLSTON METRO
AT BALLSTON METRO One of only 7 Penthouse units at The Liberty at Ballston Metro. 2 bedroom and den, 2 full baths, upgraded Stainless Steel Appliances, new hardwood floors, large balcony with amazing Western sunset views. 24 hr. front desk, outdoor grilling area . Roof top pool and exercise room, and roof top deck with views of DC. 2 garage parking spaces, 2 storage units, upgraded appliances and Waterworks fixtures 888 N Quincy Street PH 2107, Arlington, VA 22203
NESTLED AMONG THE TREES IN BELLEVUE FOREST Lots of potential in this 4 bedroom, 2.5 bath,2 fireplace, 2 car garage Rambler on a large .30 acre lot, located next to Donaldson Run Park. Great walk out lower level and main floor sun room. Ask us about pop top plans for this great lot. Architect and Builder Plans available, contact us to discuss.
ARLINGTON
FALLS CHURCH/LAKE BARCROFT
$1,468,500
BALLSTON METRO 3 level, 3 bedroom, 2.5 bath town house just 2 blocks to the Ballston Metro. New flooring, fresh paint, remodeled kitchen and baths, fenced patio, off street parking. Available now. Pets on case by case basis.
3830 30th Street N, Arlington, VA 22207 www.juliaavent.com julia@juliaavent.com Julia Avent | 703.850.6606
www.juliaavent.com julia@juliaavent.com Julia Avent | 703.850.6606
$3000
1118 N Utah Street, Arlington, VA 22201 www.juliaavent.com julia@juliaavent.com Julia Avent | 703.850.6606
ANNANDALE
$1.449M
$675,000
...inviting you home! N ARLINGTON/WOODBURY HEIGHTS $319,000
NORTH ARLINGTON/BLUEMONT
$749,000
CITY/NEIGHBORHOOD
$XXX,XXX
FPO JUST LISTED
COMING SOON
JUST LISTED!
WALK TO METRO This 5 bed, 4.5 bath BCN Home with attached garage is just a short walk to EFC metro, the Lee Harrison Shops & Chestnut Hill Park! Stunningly finished with sand-in-place oak floors, closet systems, custom cabinetry & trim, a Wolf range, marble master bath, speaker pre-wires, window treatments & more. Inviting flagstone front porch & patio with fully fenced yard.
Contact me today for additional information 6035 26TH ST N, ARLINGTON, VA 22207 cait.e.platt@gmail.com Caitlin Platt | 202.577.5846
ALEXANDRIA
HIGH $500S
pristine hardwoods throughout, updated baths (3); huge deck with wide-water views and Large walkout unfinished basement with additional bath offers great 1301waterfront. Courthouse RdSwim, #816, boat, Arlington, VA from your backyard872 Dr, lake. Arlington, City, ST, fireplaces, 22207 100’ plus or fish in Kensington this private JustVA 22205potential. Includes 2Address wood St, burning wood floors, lots of storage www.agent-or-listing-website.com www.chrissyandlisa.com www.chrissyandlisa.com minutes to DC, Arlington and Tysons & spacious sun room. As Is. Lisa DuBois | 703.350.9595 Chrissy O’Donnell | 703.626.8374 Agent Name | 703.xxx.xxx 8603 Forest St, Annandale, VA 22003 3623 Stanford Cir, Falls Church, VA 22041 www.dixierapuano.com www.3623StanfordCir.com FALLS CHURCH/LAKE BARCROFT $774,000 CITY/NEIGHBORHOOD dixiemyrealtor@cox.net $XXX,XXX CITY/NEIGHBORHOOD $XXX,XXX Lisa DuBois Dixie Rapuano | 703-801-2145 703.350.9595 | lisa@chrissyandlisa.com
FALLS CHURCH
$749,000
NEW PRICE!
www.chrissyandlisa.com Lisa DuBois | 703.350.9595
HISTORIC 1800’S ROW HOUSE 3 Bedroom,2 Bath historic row house in Old Town Alexandria located just 2 blocks from King Street! Renovated kitchen and baths, updated plumbing and electrical systems! Walking distance to area shops, restaurants and metro! Close to Airport and Commuter Routes! www.dixierapuano.com dixiemyrealtor@cox.net Dixie Rapuano | 703-801-2145
$XXX,XXX
$1,250,000
BANNER IF NECC
HEADLINE Max of 4 lines copy. Agents need to cut if what has been provided is too long. Max of 4 lines copy. Agents need to cut if what has been provided is too long. Max of 4 lines copy. Agents need to cut if what has been provided is too long.
3311 Potterton Dr, Falls Church, VA
CITY/NEIGHBORHOOD
ALEXANDRIA
BANNER IF NECC
SPACIOUS, UPDATED & GORGEOUS! 3/4 br, 3ba. Open floor plan with main-level family room. Fully renovated kitchen with granite! En-suite master with walk-in closet. 3 full baths — all upgraded!Lower level rec room with bar area, den, plus bonus room. Sited on over half acre lot wit!
COMING SOON
FORBANNER SALE IF NECC
FOR SALE!
LOCATED HEADLINE IN WOODSON HS PYRAMID! CUTE-AS-A-BUTTON IN COURTHOUSE! CLOSE TO BALLSTON METRO! UPDATED LAKEFRONT HOME! Max of 4 lines copy.3Agents needbath to cut and if whatoversized has been 1br/1ba condo steps to everything in Courthouse and ClarPicture perfect 4br/3ba cape in A+ location — seconds to All brick rambler with bed/2 2 car garage in sought This 4br/4ba home views - floor toBallston ceilingMetro, windows! provided is too long. Max of 4 lines copy. Agents need to cut if endon— location can’t be beat!features This condostunning offers enormous shops &Gorgeous, restaurants! renovated Open spacious floor plan, after Wakefield Forest! A beautiful 3/4 acre lot Agents with large concrete patio. what has been provided is too long. Max of 4 lines copy. balconyopen w/ access from living & master bdrm, new flooring, 2 wood burning fps &and hardwoods throughout! Huge storage/ kitchen withrm expansive island, stainless steel appliances granite counters; Walking distance Wakefield ES, also need to cut to if what has been provided is too in long.Frost MS & Woodson HS pyramid. open plan living & dining rm! Bldg has tons of amenities! laundry room, finished lower level rec room & large backyard!
HEADLINE Max of 4 lines copy. Agents need to cut if what has been provided is too long. Max of 4 lines copy. Agents need to cut if what has been provided is too long. Max of 4 lines copy. Agents need to cut if what has been provided is too long.
Address St, City, ST, 22207 www.agent-or-listing-website.com
Address St, City, ST, 22207 www.agent-or-listing-website.com
Agent Name | 703.xxx.xxx
Agent Name | 703.xxx.xxx
CITY/NEIGHBORHOOD
$XXX,XXX
JUST LISTED
CITY/NEIGHBORHOOD
$XXX,XXX
JUST LISTED
LOCATED ON QUIET CUL-DE-SAC IN LAKE BARCROFT!
FABULOUS 1940’S CLASSIC COLONIAL
Spacious & updated 5 BR, 3 BR home features renovated kitchen w stainless steel and granite! Stunning 4BR, 3.5 BA Col. w custom 2-story addition in desirable George Washington Park! Pristine hardwoods throughout main level and 2 wood-burning fireplaces! Main level En suite Gourmet Kit opens to FamIFRm features marble, granite, center island, pantry & custom cabinetry. IF NECC BANNER NECC BANNER NECC with expansive bath and custom closets!BANNER masterIFbedroom Huge sunroom with cathedral ceilings! En suite master w FP, French drs &HEADLINE luxury bath. Finished rec rm w built ins. Hardwoods on mn HEADLINE Daylight lower lvlHEADLINE rec room complete w wainscoting & wood burning fireplace. Bsmt also features two fireplaces, custom plantation Max of 4 lines copy. Agents need to cut if what has been &upper lvls, 4Max of 4 lines copy. Agents need to cut shutters, if what haspatio, been mud rm. A+ location! 10 min stroll Max of 4additional lines copy. Agents need to cut if what beenstorage and utility bedrooms, updated fullhas bath, rm! Swim, boat, fish from this fabulous provided is too long. Max of 4 lines copy. Agents need to cut provided too long. Max of 4 lines copy. Agents need to cut if provided is too long. Max of 4 lines copy. Agents need to cut if toifKing st metro& OldisTown community inside the Beltway! Just minutes to Tysons, Arlington, DC and major commuter routes. what has been provided is too long. Max of 4 lines copy. Agents what has been provided is too long. Max of 4 lines copy. Agents what has been provided is too long. Max of 4 lines copy. Agents to cut if Church what has beenVA provided is too long. 3718 Woodland Circle,needFalls 22041 3718WoodlandCir.om Address St, City, ST, 22207 chrissy@chrissyandlisa.com www.agent-or-listing-website.com Agent Name | 703.xxx.xxx Chrissy O’Donnell | 703.626.8374 Agent Name | 703.xxx.xxx
need to cut if what has been provided is too long.
Address St, City, ST, 22207 www.agent-or-listing-website.com
www.byinvitationrealty.com www.byinvitationrealty.com 703.677.8730 4784 Lee Hwy | Arlington, VA 22207 Preferred partners with:
703.677.8730 4784 Lee Hwy | Arlington, VA 22207
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603 W. View Terrace, Alexandria VA 22301 603WVierTerr.com Address St, City, ST, 22207 www.agent-or-listing-website.com chrissy@chrissyandlisa.com Agent Name | 703.xxx.xxx| 703.626.8374 Chrissy O’Donnell
need to cut if what has been provided is too long.
Q&A: Realtors Pick Celebs to Work With DAVE FACINOLI Staff Writer
Are there certain celebrities Realtors would want to work with to buy or sell a house, and why? The Sun Gazette asked some local agents that question. Here are their answers: Diane Lewis, Washington Fine Properties: “Would love to meet Matt Damon and work with him to buy or sell a home. He seems like a nice guy with a great sense of humor, and I love his movies. I’d also love to meet and work with Alex Ovechkin. We are big Caps fans and go to a lot of games. He seems like a great guy, and it would be fun to work with him.” Dawn Wilson, Keller Williams: “I would like to work with Brad Pitt. From what I have read, he has a very good understanding of building homes and design as well as a passion for it. It would be interesting to get his perspective on homes we see and what changes he would want to make to them, or, if he was selling, what he liked about his current home or why he designed something a certain way.” Vivian Lyons, Lyons McGuire Homes and Estates: “George Clooney. Why? [Laughs.] What part of ‘George Clooney’ did you not understand?” Archie Harders, Long and Foster: “Michelle Obama, because she is witty, decisive and family-centered.”
A number of local top real-estate professionals picked Ellen DeGeneres as the celebrity they’d most want to work with. (Warner Bros Television)
Barbara Lewis, Washington Fine Properties: “Would love to meet Diane Sawyer and work with her in the purchase or sale of a home. I admire Diane for her thorough and compassionate reporting and miss her on the evening news. Would love to have the opportunity to ask her about various stories she has covered.” Mary Roberge, McEnearney Associates: “By far, I would love to sell Barbra Streisand’s home. She has amazing taste and I’ve always admired her and have been a huge fan. Years ago, I had the privilege of attending my grandmother’s wedding reception just below Streisand’s penthouse in New York City. You could see her eye
for design just by observing her terrace and the beautiful flowers tumbling down above us.” Mark Middendorf, Long and Foster: “Ellen DeGeneres would be my choice. She is a funny person, she has a lot of money and she has bought five houses in the last six years. I think she needs a home in the D.C. area.” Tania Hosmer, Keller Williams: “I would love to work with Oprah Winfrey. She is a very strong woman, very smart and successful. I imagine that she would be very decisive in her home-buying decision (always a plus), and could afford an amazing luxury property.”
Craig Mastrangelo, Re/Max Allegiance: “I would like to work with Chip and Joanna Gaines, from ‘Fixer Upper.’ I appreciate their vision in the homes they work with and often times produce homes that tap into what today’s buyers are looking for in today’s market. I really like Joanna’s design aesthetic. So it is enjoyable to me to see how they get a house from bare bones to one that could be featured in many architectural magazines.” Karon Ricker, McEnearney Associates, McLean: “My immediate attention directs me to Bradley Inman, Internet entrepreneur and founder of several online and offline companies, including the one that we as real estate experts refer to daily, Inman News. In my opinion, he is in the know of what is coming down the pipeline and has his finger on the pulse of our evolving industry and ever-changing business model. I would love to sell his homes and help him make a purchase.” Mike Highman, Acquest Realty, Inc: “[Mad Magazine cover boy] Alfred E. Neuman. I believe we all just need a dose of humor and not be BS’ed with marketing-faced celebrities.” Casey Samson, Samson Properties: “All my clients are celebrities to me. If you don’t think that, you should not be in the business. With that said, Mark Wahl-
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WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 3
Celebrities: Who Would the Pros Seek Out? Continued from Page 3 berg is the coolest guy on the planet and my wife would not let me work with [actress] Marisa Tomei.” Joan Stansfield, Keller Williams: “Hands down, I’d love to work with Bono. My love of music and a deep respect for his ability to engage in both spheres of entertainment and politics. He is not only a singer, songwriter, musician, venture capitalist, businessman and philanthropist, he is a crusader for the world’s poor and an inspiration to millions. And everyone I know who knows him personally says he’s extremely charming, polite and, most important to me, he’s a man of God.” Jennifer Harper Thornett, Washington Fine Properties: “We have been privileged to work with various clients who are in the public eye, whether it be sports figures or politicians, etc. Our philosophy and hope is that we make all of our clients feel like they are celebrities in our world.” Lori Shafran, Yeonas and Shafran Real Estate: “The appropriate answer is every client is a celebrity in their own way. Going back, I would have liked to sell a house to a Lucille Ball or Bob Hope, because they bring much brightness and laughter into a living room.” Casey Margenau, Casey Margenau Fine Homes and Estates: “I would have liked to sell Ivanka Trump her $5 million HBM SUN GAZETTE AD 1-5-2016f.pdf
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house, but I don’t work in D.C. I’m just like anybody else. If a celebrity wants to spend a ton of money, I would like to sell them a house.” Jillian Keck, McEnearney Associates: “Ellen DeGeneres would be the best next buyer in our D.C. marketplace. Our market could use some light-hearted laughter and a break from the constant strain of divided politics. It would be very entertaining while touring homes. And, hey, I would love to get on that invite list for a few hosted dinners at her place.” Dean Yeonas, Yeonas and Shafran Real Estate: “I’d like to sell to a hot-shot guitar player like Dr. John from New Orleans.” Christy Hertel, McEnearney Associates: “Gayle King of CBS News. She is involved with everything and is so down to earth. She went to the University of Maryland and has an appreciation of D.C. and all it has to offer. I feel like I would be able to relate to her needs and find her the perfect place.” Karen Briscoe, Huckaby Briscoe Group: “It would be fascinating and a great challenge to sell to Barbara Corcoran [of ‘Shark Tank’] because she knows so much about the real-estate industry. That would be a real neat thing to have her as a client.” Jean Beatty, McEnearney Associates: “I would love to work with Michelle 1/5/16
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Real-estate investor and “Shark Tank” panelist Barbara Corcoran was picked by one local real-estate professional as someone worth working with. (BarbaraCorcoran.com)
Dockery, who plays Lady Mary in ‘Downton Abbey.’ She would most likely appreciate quality craftsmanship, and I would love to ask her questions about the Abbey.” Betsy Twigg, Washington Fine
Properties: “I would be so jazzed to sell a house to Janet Yellen [chair of the board of governors of the Federal Reserve System) and talk finances and real estate with her. She is so talented and brilliant, and doesn’t need the limelight.” Ann Wilson, Keller Williams: “I would live to sell to Brad Pitt. There is a vibe about him. He is such a cool guy, he is smart and a great businessman. He has so much energy and he has so much talent, and so much going on.” Adam Gallegos, Arbour Realty: “I would have a good time working with Kirk Cousins, because he may sign a big contract soon and might be in need of a house.” Jack Shafran, Yeonas and Shafran Real Estate: “We consider all purchasers of equal value and treat them all the same. That is the right answer.” Natalie Roy, Keller Williams: “I would love to take Julia Louis-Dreyfus on a bicycling house-hunt. Hopefully she bikes better than she dances! She stars in two of my all-time favorite shows, ‘Seinfeld’ and ‘Veep.’” Carol Temple, Coldwell Banker: “Tom Selleck. The reason is he comes across as being very thoughtful and very decisive. He is not wishy washy and I anticipate he is very thorough and someone who would follow through and a person of high intensity.”
2500 Columbia Pike Arlington, VA 22204 (707) 746-9644 celtichousearlington@gmail.com The Celtic House Irish Pub & Restaurant is the Best Authentic Irish Pub and Restaurant in Arlington, VA and Washington, DC. Specializing in Traditional Irish Food and Drinks, Great atmosphere and a friendly Staff , we are the Premier taste of the town for Irish Cuisine and Irish Aperitif according to the RealGoogle Search Engines for Brunch, Lunch and Dinner. We hope that our creation of an Irish Pub will be your neighborhood local for all occasions - a casual pint after work, the cozy family dinner, work parties, birthday parties and more.
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Q&A: Is a Home Office Necessity for Buyers? DAVE FACINOLI Staff Writer
For buyers, is the home office on its way out or still a big want? The Sun Gazette asked some local agents that question. Here are their answers: Dawn Wilson, Keller Williams: “I still have buyers who want a home office. More and more of my clients are working from home or working from home part of the week, and like having a dedicated space for working if it is possible with their budget. I still have some clients who want built-in shelves for the office, but others do not think built-ins are very important.” Vivian Lyons, Lyons McGuire Homes and Estates: “In the Great Falls market and in upper-end homes, a home office is still desirable.” Jane Price, Weichert: “Home offices are still important, though they may not be called as such. Young busy families want a designated area for equipment, paperwork, etc., that functions well for keeping all aspects of their lives running smoothly, organizing and doing work remotely.” Christy Hertel, McEnearney Associates: “Home offices are still a need, but maybe getting more kid-centric. A family computer and all electronics in one place. It is kind of like a central control for the house, especially with smart-homes com-
ing into play. So they need to be carefully planned with wiring for Internet, wi-fi and cable for computers, printers, TVs, phones, etc.” Jillian Keck, McEnearney Associates: “Buyers are more efficient with their space now more than ever. When a buyer is looking for a home office, they are tending to also use it as a multi-purpose room. Say, a spare bedroom for guests.” Yolanda Mamone, McEnearney Associates: “The home office is very ‘in.’ I have so many requests for large condominiums and cooperatives that have two bedrooms plus a den, or three bedrooms, so that each member of the couple may have their own home office. These individuals I work with are 60 to 80 years old, who want space to continue to work and for a myriad of interests.” Karon Ricker, McEnearney Associates, McLean: “Home offices are going out, in my opinion. Buyers don’t see the value in an office, but rather, they are all about bringing more people into one area of the home. People are also getting creative with spaces.” Casey Samson, Samson Properties: “Offices are a must. More and more people work from home and home offices will always be attractive. If buyers do not
ARLINGTON’S REALTOR®
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What Others Say...
Carol’s careful attention to detail and professional process in our heavily regulated industry are critical pieces of a real estate transaction that her clients don’t see. She is the absolute best at communication and timely responses and plays a crucial role in keeping her client’s transactions on straight tracks.
_ Scott Stephens; MVB Mortgage
#1 Agent
in Arlington Office Life Member, NVAR Million Dollar Club NVAR Top Producers Club Certified Residential Specialist
703-568-1100 Owned and Operated by NRT Incorporated
®
www.ArlingtonHouses.com carol@ArlingtonHouses.com
For the love of home. ™
CONGRATULATIONS TO OUR TOP PRODUCERS FOR DECEMBER CHRISTINE RICH
Top Selling Agent/Sole Practioner
BILL UBBENS
Top Listing Agent
THE PLANK TEAM Top Team
OVER $1,000,000 IN SALES VOLUME SUSAN JOY
AR L I NG TON
LYNN GANT
DICK NATHAN
703.522.0500 • 4600 Lee Highway, Arlington, VA 22207 arlington.va@longandfoster.com • www.arlingtonvahomes.com
WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 5
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Celebrities: Big-Name Homes on the Market Throughout the past year, homes associated with famous names from the past and present went on the market, from Beverly Hills to Miami to New York City. A host of them have been highlighted by www.toptenrealestatedeals.com, which provides weekly updates on historic, celebrity and spectacular homes. Among them: “Donald Trump’s First Mansion” Back in 1982 when he was still a Democrat, before he was a billionaire and a brand name and reality television star and on his first marriage to Ivana, Donald Trump was a rising star in the New York City real estate world and shopping for his first trophy mansion. Trump’s fabulous homes, that began with that first mansion in Connecticut, is a big part of the man’s story. Trump’s collection of expensive, and even a few historic homes, rivals almost anyone else in the world. His main residence is a posh three-level penthouse at Trump Tower on New York’s Fifth Avenue where he has lived and supervised his vast business operations since 1983. Also in the Gotham area, in 1996 he purchased a 60room mansion in Bedford, N.Y., with three pools and a bowling alley. He later bought Albemarle with a 23,000-square-foot home, vineyard and winery on 2,000 acres in Virginia for $12.7 million, a fraction of the original asking price of $100 million. It is now a B&B known as Albemarle Estate at
NDI
Trump Winery with daily room rates ranging from about $400. In 2008, Trump expanded his home stockpile to the West Coast when he purchased a six bedroom, 10,400-square-foot home on Rodeo Drive in Beverly Hills. His #1 trophy home is still his Mar-A-Lago mansion and resort for the ultra wealthy in Palm Beach, Florida that he purchased in 1985 for $10 million. The 1920s mansion with 62,000 square feet and more than 100 rooms was originally built for Post Cereal heiress Marjorie Merriweather Post. Donald Trump was only 35 when he and Ivana purchased his starter mansion, a 5.8-acre home on a peninsula in Greenwich for $4 million. Always a family-oriented business, Ivana was also remodeling the Plaza Hotel in Manhattan which Trump purchased in the early 1980s and she was able to incorporate many of the same materials in the decoration of their new home creating a residence dripping in gold leaf, elegant chandeliers and crown moldings. When they divorced in 1992, Ivana won the mansion in the property settlement. She sold the home in 1998 for $15 million and the mansion’s new owners immediately began a renovation to tone it down a bit and also added tennis courts, indoor lap pool, sauna and a 4,000-square-foot addition with guest suites. Originally built in 1939 for Robert Hillas, president of the Superheater Company in New York City, the 19,773-square-foot
Donald Trump was 35 years old when he and his then-wife, Ivana, purchased a “starter mansion” for $4 million. The Connecticut estate recently was on the market for $45 million. (Toptenrealestatedeals.com)
Georgian Colonial main house and guest house have eight bedrooms, thirteen baths, a three-story rotunda foyer with double grand staircase, formal rooms and views of Long Island Sound. Also included is a home theater, putting green, multiple terraces and patios, tennis courts and three fully-equipped staff apartments. Donald Trump’s former Connecticut mansion with major additions, six waterfront acres and a private boat dock was for sale at $45 million. It has recently been taken off the market; it’s unclear whether it’s been sold or simply on pause.
Prince loved the color purple and incorporated it into several of his homes. In 2004, great publicity ensued when he painted a Beverly Hills home he had rented from NBA Basketball star Carlos Boozer in purple stripes, installed a purple carpet with his monogram and changed the plumbing to send water to a hair salon. Boozer filed a lawsuit saying he had broken the terms of his lease, but later withdrew it when Prince paid to have the house returned to its former neutrals. Named as one “of the most influential artists of the rock & roll era,” Prince was in-
“Prince’s Spanish Wedding Home”
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Meet Rob: the award-winning real estate pro who people trust to get their deal done.
new dimensions inc. C u s t o m H o m e s s i n C e 1988
• Coach, dad, Arlington neighbor and die-hard Virginia Tech fan!
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Realtor®
“Patty approached our sale with a perfect blend of energy, enthusiasm, compassion, and understanding…and we had a contract in less than a week.” – Rob P.
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YourNovaRealEstate.com Long & Foster Real Estate, Inc. 4600 Lee Highway Arlington, VA 22207
www.insidenova.com
Sun Gazette
New Craftsman Construction Stands Tall
6,000 Square Feet of Living Space and a Locale That Offers Great Walkability
S
pring is not far down the road, and when it arrives, our stunning featured property will be ready for occupancy. Featuring Arts-andCrafts styling with a modern flair, the home showcases almost 6,000 square feet of interior space with every 21st-century amenity incorporated. And given that it has been conceived by well-regarded MR Project Management, you are assured turnkey conditions and personalized attention. The property currently is on the market, listed at $1,650,000 by Chrissy O’Donnell of Re/Max by Invitation. Set within walking distance of many shops and restaurants, the location can’t be topped. And first impressions are excellent, as the new home features professional landscaping and delightful curb appeal. Our tour begins with a welcome on the porch as we are escorted into the center hallway/foyer, which looks all the way to the rear of the home. The floor plan is designed for flexibility and versatility, starting immediately to our left, where the nicely proportioned living room is bathed in light from two sides. It also would work well as a home office, if desired. Hardwood flooring is found here and in many other rooms, as is three-piece crown moulding. The dining room is a standout, with plenty of space for a gathering, with wainscoting, crown moulding and side vistas. The kitchen area is well-thought-out and will serve as the central hub of the home. A center island, maple cabinetry, granite countertops, stainless-steel appliances, pantry (which connects to the dining room) and breakfast area (which opens to the deck) are all part of the package.
One of the centerpieces of this level is the family room, featuring windows on two sides, a charming fireplace and a boxed coffered ceiling. Tucked away off the main traffic flow is a bonus room that could work as a main-level bedroom (it offers a bath attached), or alternately as a playroom, a home office, an exercise area . . . let the options flow! To the second level we go, where the centerpiece is the regal master retreat. The large bedroom area with tray ceiling is complemented by a sitting room, sumptuous master bath and two walk-in closets, including one that is nearly 23 feet deep. Three additional bedrooms are found on this level, one en-suite and two that share a jack-and-jill bath, and laundry facilities also can be found here. The delights continue in the walk-out lower level, where the recreation room spans the entire 39-foot width of the home and will provide a backdrop for any and all manner of entertaining.
A lovely home theater with stadium seating is a marvelous extra, and the lower level also features the sixth bedroom with bath, another bonus room and the large garage. Special touches that are worth mentioning include the CAT5 wiring for all your technological needs; the designer bathroom features; the two-zone HVAC system and other efficiency measures; custom closet shelving; and the charming paver driveway and walkway. A little about MR Project Management is in order. Owner Matt Rzepkowski is a thirdgeneration custom builder who spent his summers in the family business alongside his father and grandfather, giving him a deep understanding of the needs and desires of prospective purchasers. He opened his firm in 2008 and has devoted his efforts on attention to detail and superior customer service while working with several professional architects.
Taking the best design elements from the past and combining them with all the features sought by urban-village dwellers is a sure way for success. Beat the spring real estate rush and take a look at this one today. Articles are prepared by the Sun Gazette’s real estate advertising department on behalf of clients. For information on the home, contact the listing agent. For information on having a house reviewed, contact the Sun Gazette’s real estate advertising department at (703)738-2520.
Facts for buyers Address: 4761 24th Street North, Arlington (22207). Listed at: $1,650,000 by Chrissy O’Donnell, Re/Max by Invitation (703) 626-8374. Schools: Nottingham Elementary, Williamsburg Middle, Yorktown High School.
Chrissy O’Donnell 703.626.8374 chrissy@chrissyandlisa.com
703.677.8730 | www.chrissyandlisa.com WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 7
2016: N.Va. Sales Rise, Prices Are Flat Home sales across the inner suburbs of Northern Virginia saw a nice uptick in 2016 from a year before, although they remained well below annual averages in the go-go years before the economic recession hit. The average sales price, which ad hit an all-time high in 2015 (the sixth consecutive year of increases after the market bottomed out in the late 2000s), decline a small amount in 2016. A total of 21,097 properties went to closing last year in the region, based on a Sun Gazette analysis of data from RealEstate Business Intelligence, an arm of the local multiple-listing service. That’s up 3.7 percent from the 20,309 sales in 2015. (Figures represent sales in Arlington and Fairfax counties and the cities of Alexandria, Fairfax and Falls Church.) Looking back on 40 years of sales data from across the suburbs, the average price has grown from $58,739 in 1975, surpassing the $100,000 mark for the first time in 1981, the $200,000 mark in 1991, the $300,000 mark in 2002 and the $400,000 mark in 2004 before peaking at just above $538,000 in 2007. It then dropped for two years, to $431,018 in 2009, before starting a rebound. Over the long haul, average housing prices in the region have outstripped inflation – when taking it into account, average prices (in 2015 dollars) were $259,124 in 1975, $249,512 in 1985 and $328,748 in 1995, to pick three dates. In the spirit of fun, here’s a trip down memory lane both at the state of the market and some of the local and national events that played a role in our lives: 1975: The average sales price is climbing close to the $60,000 mark, and more than 14,200 homes are sold in the local area. Interest rates, however, are on the rise, hovering at around 9 percent for a 30-year conventional loan. Nationally, Jerry Ford is in the White House, the Red Sox and Reds are in the World Series and NBC debuts “Saturday Night Live.” 1976: The nation’s bicentennial year is a good one for the local real estate market. Home sales increase 2.3 percent over a year before, and the average sales price is up 6.2 percent. 1977: Jimmy Carter takes the oath of office as president, Elvis “leaves the building” for the final time. The number of homes sold in Northern Virginia experiences 23-percent growth, and the average sales price is up 7 percent. The total sales volume in Northern Virginia passes the $1 billion mark for the first time. 1978: The Washington Bullets have their best year ever. “The White Shadow” and “WKRP in Cincinnati” make their TV debuts. Despite a slightly frosty economic environment across Virginia and the nation, home sales locally are up 27 percent, and the average
4 Decades of Home Sales Across Northern Virginia YEAR
1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
AVERAGE SALES PRICE
TOTAL SALES
For year
Change
For year
Change
$58,739 $62,373 $66,722 $71,639 $79,389 $90,744 $100,050 $103,631 $105,388 $108,049 $113,120 $121,922 $142,163 $162,850 $174,975 $174,616 $204,886 $202,534 $209,381 $210,557 $211,098 $214,102 $220,932 $229,151 $238,496 $252,374 $285,159 $319,293 $364,684 $441,253 $537,116 $537,741 $538,463 $461,039 $431,018 $469,018 $483,160 $504,338 $540,034 $551,220 $558,988 $556,368
N/A +6.2% +7.0% +7.4% +11.4% +11.7% +10.3% +3.6% +1.7% +2.5% +4.7% +7.8% +16.6% +14.6% +7.4% -0.2% +17.3% -1.1% +3.3% +0.6% +0.3% +1.4% +3.2% +3.7% +4.1% +5.8% +13.0% +12.0% +14.2% +21.8% +21.7% +0.1% +0.1% -14.4% -6.5% +8.9% +3.0% +4.4% +7.1% +2.1% +1.4% -0.5%
14,260 14,593 17,953 22,802 23,043 19,527 15,155 12,435 17,877 18,093 22,422 27,052 24,128 24,879 19,780 23,278 15,761 16,818 16,287 15,747 13,783 15,289 16,795 22,264 22,715 26,062 27,741 27,936 30,580 32,735 29,235 20,753 18,042 17,400 19,035 17,858 16,704 18,623 20,355 18,696 20,309 21,097
N/A +2.3% +23.0% +27.0% +1.0% -15.3% -22.4% -18.0% +43.7% +1.2% +23.9% +20.6% -11.8% +3.1% -20.5% +17.7% -32.3% +6.7% -3.2% -3.3% -12.2% +10.9% +9.8% +32.6% +2.0% +14.7% +6.4% +0.8% +9.4% +6.6% -10.7% -29.0% -13.1% -3.5% +9.3% -6.2% -6.5% +11.6% +9.3% -8.2% +8.6% +3.7%
VOLUME (Billions)
$0.84 $0.91 $1.1 $1.6 $1.8 $1.7 $1.5 $1.2 $1.8 $1.9 $2.4 $3.3 $3.4 $4.0 $3.4 $4.0 $3.2 $3.4 $3.4 $3.3 $2.9 $3.2 $3.7 $5.1 $5.8 $6.5 $7.9 $8.9 $11.1 $14.4 $15.7 $11.1 $9.7 $8.0 $8.2 $8.4 $8.1 $9.4 $11.0 $10.3 $11.4 $11.7
HISTORICAL/CULTURAL NOTES OF INTEREST
‘Saturday Night Live’ debuts Democrat Carter wins election R.I.P. Elvis Presley John Paul II becomes pope Incident at Three Mile Island GOP’s Reagan trounces Carter Egypt’s Sadat is assassinated It’s a boy for Charles, Diana Riggins is Super Bowl MVP ‘Cosby’ is nation’s top TV show Michael Jordan’s rookie year Shuttle ‘Challenger’ explodes Iran-Contra scandal tops the news Bush manhandles Dukakis Earthquake strikes Bay Area Americans With Disabilities Act First Gulf War starts ... and ends L.A. riots after Rodney King verdict Bill Clinton is inaugurated GOP takes control of Congress O.J. Simpson found not guilty Richard Nixon dies after stroke Tiger Woods wins the Masters Monica Lewinsky in the news Clinton acquitted by Senate Florida determines presidency Terror attacks strike on 9/11 New war in Iraq looms Joe Gibbs returns to Redskins Kerry falls to Bush in election Katrina swamps Gulf Coast Democrats win back Congress Oil prices through the roof Economy plunges; Obama wins Unemployment hits double digits GOP makes a comeback Economic malaise lingers ‘Derecho’ storm slams region Democrats win Va. statewide races U.S. Reps. Wolf, Moran retire Syrian civil war heats up Election stunner: Trump wins
Sales totals, average sales prices and volume come from data of RealEstate Business Intelligence and the Northern Virginia Association of Realtors, as analyzed by the Sun Gazette, and may differ from other published figures. Totals are based on sales figures for Fairfax, Arlington, Alexandria and Falls Church. Percentage changes and historical notes compiled by the Sun Gazette staff.
sales price is up 7.4 percent. 1979: The Iran hostage drama begins, and John Wayne breathes his last. Irish terrorists kill Lord Mountbatten. The federal government bails out Chrysler, and interest rates start heading upward in a hurry. Nelson Rockefeller dies, creatively. The number of homes sold increases just a bit, but the average sales price is up 11.4 percent.
8 | J A N U A RY 20 1 7 | W I NT E R R E AL E S TATE GU I DE
1980: Ronald Reagan wins a landslide victory over Jimmy Carter, Mount St. Helens blows its top, and the U.S. skips the Summer Olympics. The spike in interest rates take a chunk out of the sales market (down 15.3 percent), but average sales prices are up nearly 12 percent. 1981: Assassinations and attempted assassinations make for an ugly year.
“Dallas” and “Dukes of Hazzard” provide some relief on TV. Actor Jack Albertson dies. Home sales drop precipitously, down 22.4 percent, but average sales prices show double-digit increases. The average sales price rises to more than $100,000 for the first time. 1982: The Equal Rights AmendContinued on Page 9
2016: Looking Back on Real Estate Trends Continued from Page 8 ment goes down to defeat. “Gandhi” sweeps the Oscars and Toto is tops at the Grammys. After peaking at nearly 18.5 percent, interest rates are slowly declining, but total home sales are still down 18 percent. Double-digit price increases are gone, too. 1983: “The Love Boat” is still bringing in the viewers, and Sally Ride makes history in space. The U.S. invades Grenada, surprising the British (who thought it was theirs), and Carolyn Jones of “The Addams Family” fame dies. Home sales are up a whopping 43.7 percent (biggest annual increase in our survey) and the average sales price increase slightly. 1984: Walter Mondale carries Massachusetts and D.C. in the presidential election, but Ronald Reagan wins everything else. “Amadeus” is boffo at the Academy Awards. And in the local real estate market, it is a quiet year, with sales up 1.2 percent and average prices up 2.5 percent. 1985: “Live Aid” brings music and humanitarianism together. Phil Collins can do no wrong in the music world, and Miss Utah is named Miss America. Interest rates are still high, at more than 12 percent, but sales rise a solid 23.9 percent. Average sales prices are up modestly, too.
1986: William Rehnquist is nominated chief justice, and the nation celebrates the first Dr. Martin Luther King Jr. holiday. Actress Donna Reed ascends the staircase to heaven. Home sales increase more than 20 percent, and the average sales price is up a respectable 7.8 percent. 1987: The Iran-Contra scandal dominates the headlines, followed by a stock market crash. U2’s music is the rage, Cher wins an Oscar and Sonny becomes mayor of Palm Springs. Mortgage interest rates drop to under 10 percent for the first time since 1979. But home sales plummet more than 11 percent, even as average sales prices are up 16.6 percent. 1988: Michael Dukakis tries but fails to win the presidency, but the effort provides a career boost to comedian Jon Lovitz. The federal government gives amnesty to 1.4 million illegal aliens. Roy Orbison and his shades go to the hippest corner of rock-and-roll heaven. Interest rates spike up briefly, but both home sales and average prices increase. The total sales volume surpasses $4 billion locally. 1989: The Exxon Valdez causes a mess in Alaska, and an earthquake strikes San Francisco. U.S. troops invade Panama and arrest Manuel Noriega. Ronald Reagan returns to California after eight years in the White House.
Home sales drop 20 percent (totaling less than 20,000 for the first time since 1984), but average sales prices rise to nearly $175,000. 1990: Saddam Hussein invades Kuwait and provokes President Bush into sending troops to Saudi Arabia. Joe Pesci wins an Oscar for “Goodfellas.” The Cincinnati Reds win the World Series. And while home sales are up 17.7 percent, the average sales price dropped for the first time in recent memory, down 0.2 percent. 1991: Coalition troops liberate Kuwait, and President Bush’s approval rating tops 90 percent. The Senate is busy debating the appointment of Clarence Thomas, while the House of Representatives is trying to explain why members bounced more than 8,000 checks at its bank. Home sales plummet more than 32 percent (worst drop in the survey), but sales prices rise 17.3 percent to more than $200,000. 1992: Bill Clinton wins the White House. Eric Clapton’s “Unplugged” is a massive hit. Notre Dame tops Florida in the Sugar Bowl, and Barry Bonds is the National League’s MVP. Interest rates continue a slow decline. Home sales are up 6.7 percent, but average sales prices drop 1.1 percent. 1993: A bomb explodes under the World Trade Center. Janet Reno becomes the first female attorney general.
“Don’t ask, don’t tell” becomes military policy. The world loses a classy lady with the death of Audrey Hepburn. Home sales drop 3.2 percent, but average sales prices rise 3.3 percent. 1994: NAFTA comes into being, baseball players go on strike, Aldrich Ames is arrested for spying, and Republicans take control of Congress. “Cats” is the Broadway musical that just won’t die. Dull year in real estate home sales down slightly, average sales prices up a bit. 1995: A total of 168 people die in the Oklahoma City terrorist bombing. Congress repeals the 55-mph speed limit. The Dow Jones Industrial Average tops the 5,000 mark. Mortgage money is available for about 9 percent. Home sales drop 12.5 percent, while average sales prices are up a bit. Total sales volume drops to $2.9 billion, lowest since 1985. 1996: Unabomber Ted Kaczynski is arrested, Cuba Gooding Jr. wins an Oscar and Atlanta hosts the Olympic Games. President Clinton wins 31 states and D.C. on the way to an easy re-election. Home sales are up 10.9 percent, and the average sales price are up 1.4 percent. 1997: Madeleine Albright is sworn in as the nation’s first female secretary Continued on Page 11
CELEBRATING A RECORD 2016! Thank you to our amazing clients! Just a sample of our success stories: Criteria
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4026 25TH RD N, ARLINGTON, VA 22207 ML#: AR8732419 LP: $1,299,900 Status: SOLD Transaction Type: Standard Adv Sub: Lee Heights Ownership: Fee Simple, Sale Total Taxes: $10,798 Contract Date: 04-Sep-2015 Close Date: 02-Nov-2015 Close Price: $1,290,000 Seller Subsidy: $7,800 Date Avail: Ground Rent: Type: Detached Area: Style: Craftsman ADC Map Coord: 9J13 BR/FB/HB: 4/3/0 Yr Blt: 2005 Lot AC/SF: .155 / 6745 HOA/CC Fee: / SQFT-Tot Fin: 3,453 Tax Living Area: 2,775 Lvls/Fpl: 3/3 Vacation Y/N: No Construction: Hardiplank Basement: Yes, Full, Fully Finished Parking: Garage # Gar/Cpt/Assgn: 1// DOMM/DOMP: 8/52 Heat/Cool: Natural Gas/Forced Air/Electric/Central Air Conditioning Water/Swr: Public/Public Sewer List Date: 27-Aug-2015 Update Date: 02-Nov-2015
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Showing Information: Lockbox-Sentrilock, Call 1st-Lister, Show Anytime Company: Long & Foster Real Estate, Inc. List Agent: George Koutsoukos Showing: George Koutsoukos
O/F: (703) 790-1990 / (703) 356-1635 H/O/C: (240) 283-0270 / (703) 790-1990 / (703) 999-8205 H/O: (703) 999-8205 /
Remarks: THIS EXTRAORDINARY COMPLETELY RENOVATED CHADSWORTH HOME BOASTS 3 FIREPLACES, CUSTOM WOOD FLOORS THROUGHOUT MAIN LIVING AREAS, A STUNNING KITCHEN WITH VIKING APPLIANCES THAT LEADS INTO GORGEOUS FAMILY ROOM ADDITION PERFECT FOR ENTERTAINING***THE BEDROOM LEVELS FEATURE A WONDERFUL SIZE MASTER SUITE WITH WALK IN CLOSETS AND LUXURY BATH***PRICE INCLUDES ADDITIONAL REAR PARCEL!!! Directions: from Chain Bridge South on Military Rd to RT on 25th RD
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3008 FALLSWOOD GLEN CT, FALLS CHURCH, VA 22044 ML#: FX9679059 LP: $619,000 Status: SOLD Transaction Type: Standard Adv Sub: Fallswood Court Ownership: Fee Simple, Sale Total Taxes: $6,436 Contract Date: 29-Aug-2016 Close Date: 29-Aug-2016 Close Price: $612,500 Seller Subsidy: $500 Date Avail: Ground Rent: Type: Townhouse Area: Style: Colonial ADC Map Coord: 16D7 BR/FB/HB: 3/2/2 Yr Blt: 1996 Lot AC/SF: .060 / 2624 HOA/CC Fee: 400.00/ SQFT-Tot Fin: 2,200 Tax Living Area: 1,760 Lvls/Fpl: 3/1 Vacation Y/N: No Construction: Brick and Siding Basement: Yes, Daylight, Full, Fully Finished, Walkout Level Parking: Garage # Gar/Cpt/Assgn: 2// DOMM/DOMP: 64/64 Heat/Cool: Natural Gas/Forced Air, Central/Electric/Central Air Conditioning Water/Swr: Public/Public Sewer List Date: 06-Jun-2016 Update Date: 03-Oct-2016
North Edgewood Street Arlington
25th Street North Arlington
31st Street NW Georgetown
North Utah Street The Westview
Status is one of 'Active', 'App Reg', 'Cntg/KO', 'Cntg/NO KO', 'Contract', 'Expired', 'Rented', 'Sold', 'Temp Off Market', 'Withdrawn' Close Date is 8/31/2015+ 1 / 30 Exterior (Front) Street Number is 4026 Off Mkt Date is 8/31/2015+ Street Name is '25th' Ordered by Status, Close Date descending, List Date descending Found 1 result in 0.69 seconds.
Tax Record Neighbor Photos
North 14 Van Buren Court Arlington
Lockbox-Sentrilock, Call 1st-Showing Contact, Appt Only-Lister, 10 AM - 7 PM Century 21 New Millennium
O/F: (703) 556-4222 / (703) 748-0741 H/O/C: (703) 258-9098 / (703) 556-4222 / (703) 258-9098 H/O: (703) 258-9098 / (703) 258-9098
Rarely available Brick end unit in enclave of 23 homes surrounded by woods. Gracious open floor plan, lots of windows and light. Large table space kitchen open to Master suite w/vaulted ceiling, spa bath with separate tub and shower. 2 car garage, deck patio. Just over the Arlington line, convenient to everything. From Route 50 West, Left on Manchester, immediate Right on to Service Road, Left on Fallswood Glen to house on Right.
is one of 'Active', 'App Reg', 'Cntg/KO', 'Cntg/NO KO', 'Contract', 'Expired', nted', 'Sold', 'Temp Off Market', 'Withdrawn'
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Fallswood Glen Court Falls Church
Exterior (Front)
Exterior10th (Main)Street North The Monroe Showing Information: Appt Only-Lister, Appt Only-Owner/C 1 / 14
Company: List Agent: Showing:
United Realty, Inc. Vikas Goel Vikas Goel
David Wolfe
Molly Remarks: Wolff
david.wolfe@c21nm.com
molly.wolff@c21nm.com
703-258-9098
OWNER SAY SELL,BRING ALL OFFERS !Motivate
across street from FDIC Building. A Bright open floor plan 703-244-4440 mention.
Directions: From Rt. 66 East.Follow exit for Ballston. Ram 10th.
WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 9
McLEAN STUNNING & SOPHISTICATED CONDO LIVING IN LUXURIOUS PALLADIUM
Concierge greets you & your guests in sensational lobby~2 BR + Den~1600 sq ft.~ Dramatic soaring ceilings~HWDS~Gourmet kitchen w/Viking Range ~FP ~ Fitness Center ~Clubroom ~ Library ~2 Assigned Garage Spaces & Large Storage Unit ~ Located in the heart of McLean
CT RA NG T N I CO END P
BarB BuBel
NVAR Mult-Million Dollar Club LIfe Member/Top Producer Top 5% of Realtors Nationwide
703-827-BARB 703-966-8675 houses@bubel.com
$2,499,000 Stunning NEW home from Coda Construction is almost complete, featuring 6 BR, 6 FB, 2 HB, gourmet kitchen, luxurious master suite, screened porch, wine storage and more. Sighted on 1/3 acre lot just minutes to sought after schools, shopping entertain-ment and all major commuting routes. email: justicehom@aol.com www.jeniferjustice.com
ST
RltrAnn@aol.com TheRomerTeam.com
9 ft main level ceilings, plus vaulted master BR & BA ceilings. The stepdown family room opens to the kitchen which offers 42” kitchen cabs, granite, center island, and pantry. Gas heat, hot water, cooking plus gas logs. High-end composite roof 2013 and a delightful flagstone patio. 1.6 mi to Vienna Metro or 3 blks to bus! FAIRFAX---STONEHURST
$ 2,400 PER MONTH
GREAT RENTAL OPPORTUNITY
Beautifully renovated 3 bedroom, 2 full and 2 half bath all-brick townhome. Gleaming hardwoods. Eat-in kitchen features white cabinetry, granite countertops, S/S appliances and a bay window overlooking the surrounding woods. Updated baths & powder rooms. Large recreation room with raised hearth gas fireplace and opens to inviting Georgetown patio. Walk to Vienna Metro and close to I-66 & Beltway.
Call me for additional information or for an appointment!
L SO
I helped find this house for my happy buyer. Let me help you find your new home in northern Virginia.
Barbara Ann Farmer ABR, GRI
571-213-7500
571-213-7500
My Personalized Service is the Keystone to Your Satisfaction BarbCleo@aol.com
This Penthouse condo is move in ready! Updated kitchen features maple cabinetry, black appliances & opens to dining room. Spacious & light filled living room w/private balcony. Large master bedroom with walk-in closet & private updated bath. Generous 2nd bedroom & hall bath round out your space. Loads of closet space! New carpet & fresh paint. Washer/ Dryer. Assigned covered parking!
CT RA T N . CO YS R DA E D 4 UN IN
D
JU
Ann Romer CRS, GRI, ABR
1114 Raymond Ave
Direct (703) 623-8373
The Romer Team
(703)597-4289
McLean
JENIFER JUSTICE, ABR, GRI associate Broker
$849,900
VIENNA Orange Line
$799,000
Dena conraD cell: 703.438.1960
Call/text me at 703-424-0323 or email me at k.patel@weichert.com for all your real estate needs.
www.denaconradrealestate.com denahconrad@gmail.com
FALLS CHURCH CITY
AL NT
RE
MOSAIC DISTRICT
Maria Galván Winters
Cell: 703.675.1253 Office: 703.760.8880
Realtor Emeritus Bi-Lingual: English/Spanish Cell: 703-618-8383 Home Office: 540-822-4116 mariapwinters@gmail.com
Chris Earman (703)628-4541
Chris@EarmanRealEstate.com
$4300
McLean
Contemporary 3BR, 3.5BAs, 4 levels with loft and private rooftop terrace. Vibrant area with no shortage of shops, restaurants, pubs, entertainment and farmers market.
dschweinhaut@gmail.com
“Find out why I love living in Loudoun County, and you could too!”
$1,535,000
Beautiful New Home in sought after “Broadmont” section of Falls Church City. Smart House Technology throughout — Elevator provides easy access from garage to both Main and 2nd Floor levels — overall 6 Bedrooms, 6 Full bathrooms. High End Gourmet Kitchen, Hardwood Floors & Whole House Generator.
$2,500,000
LD
SO
Please call me for a complimentary market analysis so you will know what your home is worth. 2017 MAY REPRESENT THE VERY BEST PAT OPPORTUNITY FOR BUYERS AND SELLERS DERWINSKI Chairman of the Board IN RECENT YEARS!! #2 Producer, Company-Wide
DEBBIE SCHWEINHAUT GRI, ASP
THIS COULD BE YOU!
McLean Office
1313 Dolley Madison Blvd • (703) 760-8880 10 | J A N U A RY 2 0 1 7 | W I NT E R R E AL E STATE GU I DE
(C) 703-615-0116 patderwinski@hotmail.com
2016: Market’s Long-Term Direction Upward Continued from Page 9 of state. The Dow Jones average drops more than 550 points on Oct. 27, but rebounds the next day. Fashion mogul Gianni Versace is murdered. Home sales rise 9.8 percent, and average sales prices are up 3.2 percent to more than $220,000. 1998: “Titanic” sweeps the Oscars, and Americans learn of new uses for cigars as the Clinton-Lewinsky scandal takes some unpleasant turns. Jerry Seinfeld leaves TV, Mark McGwire sets a new home-run record, and actor Jack (“Hawaii Five-O”) Lord dies. The real estate market swells, with average sales up 32.6 percent, average sales prices up 3.7 percent, and total volume surpassing $5 billion. 1999: Cable television continued to play a greater and greater role in our daily lives. Home sales were up slightly, with average home sales prices rising to nearly $240,000. A home mortgage could be found with an average interest rate of 7.8 percent. 2000: The presidential election essentially ends in a tie, another Summer Olympic Games comes and goes, and the Washington Redskins continue to find success elusive. Home sales rise 14.7 percent, the average sales price tops the quarter-million-dollar mark for the first time, and sales volume
grows to $6.5 billion. 2001: More than 3,000 people die in terrorist bombings on Sept. 11, and the nation mobilizes for a new kind of war. While the economy suffers, the attacks don’t dampen Northern Virginia’s hot real estate market, with total sales rising 6.4 percent and the average sales price up 13 percent to $285,000. Total sales volume tops $7.9 billion. 2002: The Bush administration continues its planning to disrupt the “Axis of Evil,” and focuses on Iraq. The stock market begins to recover from its doldrums, but unemployment remains a concern. While home sales are up only slightly, the average sales price rises over $300,000 for the first time, and total sales volume is $8.9 billion. 2003: The war in Iraq seems to be going well, but cleaning up after the military victory proves to be a thorny and deadly task. Could it be: Red Sox vs. Cubs in the World Series? (Alas, no.) Home sales show no sign of slipping, with average prices also heading up considerably throughout the metropolitan area. Sales volume tops $10 billion for the first time. 2004: The insurgency in Iraq is all over the headlines, and becomes one of the focal points of the presidential campaign. While the national economy continues to struggle toward recovery, the local economy continues to roar
ARLINGTON….OPEN 1/29 FROM 1-4PM….$850,000 CLASSIC COLONIAL – WALK TO METRO!! Beautifully updated & maintained, all brick Colonial! 3/4 bedrooms, 2 full baths on 3 finished levels! Gorgeous kitchen w/white cabinetry, granite & stainless steel appliances. Hardwood floors on main & upper levels & cozy side screened porch. Fantas2421 N. Quintana Street tic/level/fenced rear yard. Walk to EFC metro, Tuckahoe ES, park & bike path.
COMING SOON!
KIM SHARIFI Lifetime Top Producer Top 5% National Sales
703-216-0454
Now is the Time! Thinking of Selling? Buyers need more homes for sale. Call Nanci for a free Seller’s market analysis. 703 850 7750 nanciwilkinson@gmail.com
Continued on Page 12
NANCI WILKINSON GRI Licensed in VA & MD Lifetime Million Dollar Club Top 5% of Agents Nationwide
Just Listed in The Fountains of McLean
FALLS CHURCH RAMBLER
703-862-JOAN 703-862-5626
year see the real estate market attempting to shake off the doldrums, with inventory not so high and prices seeming to hold steady. Hopes in the real estate industry that the market would sprout to life in spring prove unfounded, as the market continues to meander generally downward. The inner suburbs hold up the best, but by mid-year, even they are flat or declining. At the end of it all, home sales are down 13.1 percent from the year before, but – for the 15th year in a row – average home sales posted an increase. 2008: Economic calamity strikes the nation late in the year, brought on in large part by what had been the overheated real estate market. Republican John McCain and Democrat Barack Obama battle it out for the presidency, and while the military surge in Iraq produces some results, there are plenty of other challenges facing U.S. foreign policy during the year. The newspaper industry continues to struggle. Sir Edmund Hillary, Charlton Heston, Jim McKay and Suzanne Pleshette die. Home sales across Northern Virginia are down about 4 percent, to the lowest point since 1996, and average sales prices plunges more than 14 percent, perhaps the largest drop ever in the local area.
kimsharifi@hotmail.com www.myhomesdb.com/kimsharifi
$599,000
Opportunity waiting for your finishing touches on this 5 Bedroom, 3 Bath all brick home. Kitchen with skylight, pantry, gas cooktop & 42” kitchen cabinetry, all new baths, hardwoods under carpet, walkout lower level to secluded rear yard. Almost 1/3 acre. Call for more information!
along. Joe Gibbs gets off to a shaky start in his return to the Redskins, and baseball is finally set to return to D.C. RIP Rodney Dangerfield, Ronald Reagan, Julia Child and Isabel “Weezie” Sanford. The average home value continues to rise (up 21.8 percent), and sales are modestly up from a year before. 2005: All good things come to an end: Actor Eddie Albert joins Eva Gabor in a “Green Acres” heaven reunion. Chicken King Frank Perdue and civil rights icon Rosa Parks also die. The war in Iraq continues as the Bush administration enters its second term. On the real estate scene, the bull market of the past six years is coming to a close, although parts of the of local marketplace still showed spark. Sales volume tops $15 billion for the first time, but that will be the high-water mark for the local market. 2006: The war in Iraq drags on, the Redskins continue to disappoint and the local real estate market shows the effects of slowing sales and moderating prices. Long-term, the market has proven to be a success, but for those who bought at the height of the boom, there will be challenges if they need to sell their properties in the short term. Total sales volume drops to $11.1 billion, the first decline reported since 1999. 2007: The first few months of the
Private 1 BR, 1 BA, Top Floor Unit in Sought-After Tysons Area
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JOAN SELLERS GRI Lifetime Top Producer Top 5% National Sales
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McLean Office
1313 Dolley Madison Blvd • (703) 760-8880 WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 11
2016: Market’s Long-Term Direction Upward Continued from Page 11 2009: The economy remains the big story; it continues to wobble but doesn’t collapse. Meanwhile, the new Obama administration must decide what to do in Afghanistan, the latest military flashpoint. Terrorism rears its head at Christmastime, about the same time the local area is buried under a foot and a half of snow. Michael Jackson, Ed McMahon and Walter Cronkite die, and Redskins fans have almost nothing to cheer about except the arrival of yet another new coach. Home sales rebound, increasing 9.3 percent, but average sales prices are at their lowest point since 2003. 2010: Republicans grab back control of the U.S. House of Representatives, setting up a showdown with President Obama over the nation’s priorities. Meanwhile, the economic situation continues to wander along in the weeds, and while there is some progress in extricating U.S. forces from Iraq, Afghanistan continues to be a problem that seems to defy a solution. The local real estate market can’t seem to find its footing, although it is buoyed by federal tax credits that help a bit. Elizabeth Edwards, Gary Coleman, Lena Horne and Teddy Pendergrass were among those who left us. In the Northern Virginia area, home sales were down 6.2 percent from 2009 figures, although
they were up compared to 2008. And the average sales price saw a rebound, up 8.9 percent to $469,018. 2011: The economy continues to stumble along, and the folks in Washington seemed more interested in brinksmanship than bipartisanship. The stock market teetered and tottered, and threats of a double-dip recession have loomed. The local real estate market continues to show both signs of progress (higher average sales prices) and areas of concern (anemic sales figures). But the full story won’t be known until January rolls around and the final figures are in. 2012: Presidential politics dominates the year, and voters in November return Barack Obama with a decisive but not overwhelming victory. Republicans lose seats in Congress. Economic conditions remain soft, while questions remain about the amount of U.S. debt. The Redskins rebound in the second half of the year to reach the playoffs, while the Nationals also have a good season. Whitney Houston, Neil Armstrong, Dick Clark and Andy Griffith were among those who died during the year, while Justin Bieber and Kim Kardashian dominated gossip sites. “Honey Boo-Boo” became famous through cable TV. The Northern Virginia real estate market showed a rebound both in to-
tal sales (up 11.6 percent from a year before) and average sales price (up 4.4 percent and again over the half-million-dollar mark). 2013: The stock market rebounded, unemployment receded a bit and more people were questioning why the rich got richer while everyone else didn’t during the economic rebound. President Obama’s approval ratings declined, in part to a botched rollout of his health-care package, but Republicans didn’t benefit much. A partial shutdown of the federal government served to reinforce the view of many that the nation’s leaders seemed to either not know, or not care, what they were doing. The travails of the Washington Redskins took center stage for much of the fall, with the team posting a lousy record and coach Mike Shanahan sent packing with a going-away gift of millions of dollars. Virginians reversed course, electing Democrat Terry McAuliffe as governor – but Republicans kept their tight grip on control of the House of Delegates. Nelson Mandela, Margaret Thatcher, Tom Clancy, James Gandolfini and Eydie Gorme were among those who left us. The local real estate market continued its rebound, with average prices in the inner suburbs of Northern Virginia setting a record at $540,043 and the
number of sales surpassing the 20,000 mark for the first time since 2006. 2014: The search for a missing Malaysian airliner captivated cable-TV viewers during the year, and ongoing tensions between Russia and Ukraine led to a Malaysian aircraft being shot out of the sky. Racial tensions ranged from a police shooting in Ferguson, Mo., to the remarks that cost an NBA owner his franchise. The economy seemed to be in two-steps-forward-one-back mode, while the potential that the Ebola virus might impact the U.S. was on the minds of many. Republicans cleaned up in the midterm elections, and prospective candidates for the 2016 presidential election started their preparations. Among those who left our midst during the year: Robin Williams, Joan Rivers, Marion Barry Jr., Shirley Temple Black and Mickey Rooney. It was a relatively soft year for local real estate, with the Northern Virginia market posting year-over-year declines every month but December, when it rebounded with a double-digit increase. With 18,696 sales, the market was down 8.2 percent from a year before, but the average price rose to a record $551,220. 2015: The race to succeed President Obama was in full swing, and Continued on Page 13
COMING IN FEBRUARY Arlington N
$750,000
Brick colonial located just steps to the WD&O walking/ biking trail that takes you, in just minutes, to the Ballston METRO. One can bike or walk 45 miles on this trail. This location is within steps of restaurants, groceries, etc.
• New gourmet kitchen • A bath on every level • Wood burning fireplace • One car garage with automatic opener • Concrete driveway
Carole Schweitzer 703-525-7568
caroleschweitzer.ismyreagent.com 12 | J A N U A RY 2 0 1 7 | W I NT E R R E AL E STATE GU I DE
• Fenced backyard • Storage shed • Cul-de-sac location • 3 Bedrooms • 2.5 Baths
Weichert® Arlington 4701 Old Dominion Drive • 703-527-3300
2016: N.Va. Real Estate Has Seen Much Growth Continued from Page 12 the economy continued its gradual, if not terribly exuberant, rebound from the depths of the recession. The U.S. Supreme Court weighed in on gay marriage, legalizing it across the land, while the public’s attention often found itself focused on terrorism at home and abroad. Pope Francis came to the United States, where political battles raged on issues ranging from gun control to a nuclear deal with Iran. At the local level, the McAuliffe administration’s proposed to allow single-occupant vehicles to use Interstate 66 at rush hour, if they paid a toll, drew criticism from some quarters and support from others. Bruce Jenner became Caitlyn Jenner – perhaps the nation’s first Republicanleaning celebrity Transgender-American, while Adele came roaring back on the music scene after a break. And the Redskins, after an iffy start and (what some would call media-manufactured) complaints about the team’s name, found success with a new quarterback before falling in the first round of the playoffs. We said goodbye to a host of notables in 2015, ranging from Julian Bond
and E.L. Doctorow to Ernie Banks, Moses Malone, Yogi Berra and B.B. King; Jackie Collins, Leonard Nimoy and Natalie Cole; classic-TV icons Donna Douglas and Al Molinaro; and chef Paul Prudhomme. The real estate market saw a boost in both sales (up 8.6 percent to 20,309) and average price (up 1.4 percent to $558,988), while the total sales volum of $11.4 billion was the highest since it had peaked in 2005 at $15.7 billion. 2016: The presidential election’s many twists and turns – not to mention its surprise ending and the lingering animosity over the race – dominated the news in 2016. The political establishment laughed at the possibility that Donald Trump would end up president, but the voters said otherwise, a decision that also muddied the legacy of President Obama as he wrapped up two terms. Yet there were other news stories throughout the year. The death of Antonin Scalia set off a battle in the U.S. Senate over whether to even consider President Obama’s nominee for a successor. The Zika virus had a significant impact in other parts of the world and began to make Continued on Page 22
The spring market is heating up! If you are looking to buy or sell, give us a call! We are ready to assist you!
Open Sunday, 1-3 p.m. 739 N Albemarle Street Arlington, VA 22203 www.739NAlbemarleSt.com $
889,000
If there is a better location in Arlington, we can’t imagine what it is. This four bedroom, four bath updated Colonial is tucked off Wilson Boulevard within walking distance to Ballston (think shopping, dining, metro, movies, gyms, Capital Bikeshare) in the enviable Bluemont neighborhood. Schools: Ashlawn, Swanson and Washington-Lee.
Open Sunday, 1-3 p.m. 3116 N Nottingham Street Arlington, VA 22203 www.3116NottinghamSt.com $
1,174,000
Welcome to this spacious, five bedroom, three and half bath North Arlington charmer. You’ll swear you’ve stepped into your favorite fairytale when you arrive there’s even a picket fence encompassing the landscaped yard. Schools: Nottingham, Williamsburg and Yorktown.
709 N Kensington Street Arlington, VA 22205 www.709NKensingtonSt.com $
Ron Cathell | Eileen Aronovitch | Tagrid Wahba Twingo Wahba | Tim Anderson | Yasmine Cathell
1,199,000
YOUR ORANGE LINE SPECIALISTS® 4001 Columbia Pike, $625,000 Elegant 3 BR, 2.5 BA end unit townhome • Gorgeous kitchen with cherry cabinets & granite tops • Gas fireplace & outdoor balcony great for grilling • 2-car attached garage; super convenient location •
COMING SOON 2400 Clarendon Blvd, #1001 $414,888 • Walk to Courthouse and Clarendon Metro, Whole foods and shops • Stunning 1 BR + 1 BA + Balcony • Stainless Steel appliances • Exotic Brazilian Granite • Parking space + extra storage • Washer & Dryer in unit • Gym, Pool, Party Room
READY FOR VIEWING
Charm meets elegance in this gorgeous Colonial-style custom-built five bedroom, three and half bath home featuring a welcoming covered porch with adjacent private brick patio outdoor dining. You’ll enter through the foyer; its openness allows for natural light to illuminate the adjoining rooms. First, there is the living room which is surrounded by wall-to-wall Anderson windows and French doors opening to the covered porch. The custom crown molding and plank-oak floors add to the elegance of this inviting space. The gorgeous dining room flows from here, so spacious there is plenty of room for 8-10 people to dine comfortably. The kitchen is unrivaled in its top-of-the line features including GE Monogram stainless steel appliances, a new LG stainless steel Door-in-Door refrigerator, and Kitchenaid dishwasher. Recessed lights accentuate the beautiful granite counters, double wall oven, new 5-burner island cook-top and cherry cabinets. Just minutes to Ballston Metro, shopping and resturants! Schools: Ashlawn, Kenmore and Washington-Lee.
ANN WILSON
Associate Broker GRI, CRS, ABR, EcoBroker, CLHMS 2101 Wilson Boulevard Suite 100 Arlington, VA 22201 cell
CALL/TEXT OUR DIRECT LINE 703-975-2500
703.328.0532
Washingtonian Best Realtors, 2015 Northern Virginia Magazine, Best Realtor, 2016,2017
Team.Cathell@gmail.com www.teamcathell.com 6820 Elm St. McLean, VA 22101
Each office is independently owned and operated.
www.AnnWilsonHomes.com WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 13
Celebrities: Make a Superstar’s Home Yours! Continued from Page 6 ducted into the Rock and Roll Hall of Fame in 2004, won an Academy Award for his film “Purple Rain” along with seven Grammy Awards and a Golden Globe Award. Prince has sold over 100 million records, making him one of the highest paid artists of all time. Though connected with many celebrity women, he married his backup singer, Mayte Garcia, on Valentine’s Day 1996. In 1998, Prince bought a stunning villa in Spain as a gift to his wife. It was west of Marbella in the hills of El Paraiso with views of the sea, mountains, valley and golf course. They decorated it elaborately in pure Prince style. Mayte and Prince divorced in 1999 and sold the villa. The new owner redecorated to tone it down to more universally preferred elegance, and put it on the market in early 2016. Sited on 1.45 subtropical walled and landscaped acres, the 7,535-square-foot villa has 2,583 square feet of terraces for outdoor living with tennis court, pool and three-car garage with additional parking for six. The landscape is softly lit at night affording ambiance for outdoor entertaining. Inside are six bedroom suites including two masters with the grand master encompassing two levels. Public rooms are opulent with good flow, a new fully-equipped kitchen has been reconstructed and the entire villa has been updated with the finest
materials. It is said that this home and its romantic location was the inspiration for many of Prince’s songs. Evert Ebus of Engel & Volkers is the listing agent for the villa, previously priced at $5.99 million, now reduced to $5.2 million. “Zsa Zsa’s Bel Air Mansion” Zsa Zsa Gabor was born in Budapest in 1917 during World War I, became an actress in Vienna at age 15 and was crowned Miss Hungary in 1936. She eventually moved to the United States along with her two sisters (sister Eva starred in the longtime TV hit “Green Acres” and sister Magda married Zsa Zsa’s third husband George Sanders). Her beauty was legendary, her personality bubbly and her accent forever famous. Her nine husbands included Paris Hilton’s great uncle Conrad Hilton and Jack Ryan, the inventor of the Barbie Doll. Zsa Zsa was one of the last of the Hollywood Golden Age movie stars when she died on Dec. 18, 2016. Zsa Zsa purchased her final home in 1973 in Bel Air, California for $250,000. It spanned 9,000 square feet with six bedrooms, seven bathrooms and large pool terrace with stunning views. There are several versions of the home’s history, including that it was built by John Zurlo, who was a Los Angeles milkman who would get up at 3 in the morning and drive out of Bel Air in his milk truck. It seems
This home once owned by the late musical superstar Prince was among the properties that came on the market over the past year. (Toptenrealestatedeals.com)
that Mr. Zurlo eventually rented the home to Howard Hughes for most of the 1960s. According to Zsa Zsa, the house was also owned by Elvis Presley. House guests included John Kennedy, Frank Sinatra, Elizabeth Taylor, Ronald Reagan, Henry Kissinger and both George H.W. and George W. Bush. But despite the all-star credibility, Zsa Zsa couldn’t seem to sell it. She put the home on the market in June, 2011, and it became an ongoing saga. Zsa Zsa originally wanted $28 million for her home, but, in a bad real estate market, her agent convinced her to start out at $12.9 million. She had no takers, so she
upped the price to $14.9 million in 2012. With mounting money problems due to her poor health and a $10 million Bernie Madoff theft, the home was on the brink of foreclosure, only to be saved through a social media plea from ninth husband, Prince Frederic von Anhalt. The prince temporarily rescued the home for Zsa Zsa but he made selling the home much more difficult in the process by making demands that after selling the home, he and Zsa Zsa could continue to live in the home for three years plus a $325,000 a year stipend. Surprisingly, the Continued on Page 16
COMING SOON in February!
Not yet priced. Not yet in MLS. 3 lvl colonial sited on large lot. Private yard with NEW fence. 4 beds + 2 full baths + main level powder room. Fresh paint, NEW carpet, & updated kitchen. Walk to Clarendon or VA Square Metros, Clarendon shops & restaurants, W-L Aquatic Center. W-L High School pyramid.
3506 North 14th Street, Arlington, VA 22201
Karina Beltran Srebrow, REALTOR NVAR Lifetime Top Producer 5317 Lee Hwy, Arlington, VA 22207
703-338-0665 cell * karina@beltran-associatesrealty.com www.beltran-associatesrealty.com
14 | J A N U A RY 2 0 1 7 | W I NT E R R E AL E STATE GU I DE
Contemporary Arts-and-Crafts Standout Open Floor Plan Offers Ample Opportunity for Entertaining, Daily Living
F
eaturing Arts-and-Crafts stylings in conjunction with an open, contemporary floorplan, our featured home is a visually stunning property close to the Lee Heights shopping center and a range of urban-village amenities. Among them: restaurants, bike and walking trails, shops and, with the upcoming arrival of spring, the Marymount farmers’ market. The result is a mix of location and aesthetic appeal, perfect both for daily living and entertaining in style. The property currently is on the market, listed at $1,149,000 by Juli Clifford of the Juli Clifford & Crew Team of Keller Williams Realty. A beacon of style in the neighborhood, the home has been the recipient of TLC throughout and features updates, updates, updates. It also benefits from sophisticated automation, adding to the overall convenience, plus a modern security system. Outdoors, the new-in-December landscaping and the high caliber of Hardiplank siding makes a terrific first impression, and from there we are ushered in and welcomed to begin our tour. It all begins in the two-story, open foyer, which gives off a celebratory ambiance that follows us throughout our tour. Hardwood flooring is exceptionality personified. Formal rooms are amply proportioned for entertaining; the living room features skylights, working with the soaring foyer to create a visually appealing space, while the dining room is ready to host a crowd throughout the year. The kitchen is designed for the inner chef in each of us, combining high-caliber features with a lovely ambiance. It offers a center island, updated appliances and a pantry outfitted with custom shelving, and you can enjoy breakfast around the kitchen table overlooking the expansive deck. A cozy fireplace anchors the family room just off the kitchen. Upstairs, the centerpiece is a spacious master retreat, with sitting room, two walk-in closets and a master bath that offers a spa-like experience with claw-foot soaking tub. Two more expansive bedrooms complete the second level, each with its own
personality. The lower level features another large bedroom and grand recreation room (just waiting for your pool table!). There also is copious storage space. The invigorated deck, just off the kitchen, with lattice frame prove to be an oasis in warmer weather. Another deck can be found just off the back of the family room. A huge two-car garage is accessed through a convenient alleyway. Back to the automation. You’ll be amazed by the convenient lighting pads in all rooms. Turn lights on or off all over the house from every pad, and see who’s at the front door even when you’re out of town. Bonuses include attic for storage, and an energy-efficiency audit has increased efficiency by more than 20 percent.
The location can’t be topped, with three grocery stores within a mile, recreational amenities abounding, convenience to commuter routes and much, much more. Using the past as inspiration but looking squarely toward the future, this is a home that sets the tone for elegance when it first arrived, and has stayed the course with a mix of classic and modern. It’s a marvelous gem. Articles are prepared by the Sun Gazette’s real estate advertising department on behalf of clients. For information on the home, contact the listing agent. For information on having a house reviewed, contact the Sun Gazette’s real estate advertising department at (703)738-2520.
Facts for buyers
Address: 4704 23rd Street North, Arlington (22207). Listed at: $1,149,000 by Juli Clifford, Juli Clifford & Crew Team of Keller Williams Realty (703) 9800243. Schools: Discovery Elementary, Williamsburg Middle, Yorktown High School.
703-980-0243
www.julicliffordandcrew.com Call for great buyer and seller incentives
703-564-4000 8133 Leesburg Pike, Vienna, VA 22182
WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 15
Celebrities: Hollywood Stars’ Homes for Sale Continued from Page 14 property sold under those conditions, but the sale fell through. Afterwards, broker Roger Perry helped arrange a deal between Gabor and a buyer in 2014 that delayed the closing so that she could continue to live in the home until her death. Now, after her death, the developers are mulling two options. They will either resell the property with the construction permits in place, or tear it down and redevelop the property. “Walt Disney’s Palm Springs Retreat” When Roy and Walt Disney co-founded the Walt Disney Co. in 1920, they had dreams of large success, but likely could not have fathomed becoming the world leader in fantasy, cartoon characters and family film. Neither would they have imagined continuing that leadership position in their artistic niche so long after their deaths. Though Walt was the youngest brother, he died at the age of 65 in 1966. Roy was 73 at the time and postponed his retirement in order to open Disney World, which he later named Walt Disney World in honor of his brother. The new park transformed Orlando from a sleepy military and citrus town to America’s most popular family resort vacation destination with over 50 million visitors in 2016. Only three years before his death, Walt Disney and his wife, Lillian, built a vaca-
tion home in Palm Springs as a getaway from Walt’s hectic work schedule and to enjoy their later years. The home stayed in the Disney family until 2015, and the new owners retained the charm and whimsy of the home created by the imaginative couple. At 2,443 square feet, the four-bedroom, four-bath home has the clean lines of midcentury design, private in the front with cheerful red double entry doors and wide open to the outdoors in the back with views of the pool, raised spa, mountains and the Indian Canyons Golf Resort. As with most of the modernist homes of Palm Springs, the focus was on the enjoyment of outdoor living, relaxing and entertaining. Furnished in period furnishings with an Art Deco flair, bold flushes of color against a neutral background is indicative of Walt’s colorful creations on film. Little surprises are found in various locations around the house and iconic Disney sayings are playfully written in the backs of closets challenging residents not to enjoy the unexpected chuckle. The listing price is $899,000, and the listing agents are Klint Watkins and Ryan Cummings of HK Lane, an affiliate of Christie’s International Real Estate. “Frank Sinatra’s Rat Pack Home” After almost 20 years of Las Vegas appearances, Frank Sinatra wanted a place
This Palm Springs getaway was owned by Walt Disney during the last three years of his life, and stayed in the Disney family until recently. (Toptenrealestatedeals.com)
where he and his friends could hang out for an occasional hiatus from their fans in a private location. Sinatra referred to himself as an “18karat manic depressive” which was carefully hidden from the public. He was always torn between wanting a solitary place to escape but also somewhere to party with his friends and distract from the depression days. In 1953, Sinatra had co-starred in the film “From Here to Eternity” cast as Private Angelo Maggio and won an Oscar for Best Supporting Actor. In 1967, Sinatra built a home on five acres 4,300 feet above Palm Springs and the Coachella Valley. He
named it “Villa Maggio” after his character in the film. Now for sale, the home is the quiet, private retreat that Sinatra had always wanted. At Villa Maggio, he created the best of both worlds, perfect for entertaining his Rat Pack buddies to soften the lows or keep it to himself when experiencing the highs. The arrangement worked so well that he resided at the rustic estate for 12 years – almost until his death. The 10-acre compound of three buildings is perched on a craggy hilltop surrounded by boulders and exquisite views. Continued on Page 17
Choose Your Neighborhood! McLean
Lyon Village
Lee Heights
UNDER CONTRACT
ACTIVE 5951 Ranleigh Manor Drive, McLean 22101
Waycroft
1715 N. Calvert Street, Arlington 22207
Maywood
2548 N. Wakefield Street, Arlington 22207
Lyon Village
SOLD 4814 N. 14th St, Arlington 22205
SOLD
SOLD
SOLD
2301 N. Monroe Street, Arlington 22207
1605 N. Herndon Street, Arlington 22201
INGRID WOOTEN & ANDREA NIELSEN
2015 Washingtonian Top Real Estate Agents
Long & Foster Realtors 4600 Lee Highway | Arlington, VA 22207 (703) 522-0500
ANDREA NIELSEN INGRID WOOTEN 703.855.2553 Andrea@LNF.com
16 | J A N U A RY 2 0 1 7 | W I NT E R R E AL E STATE GU I DE
703.309.0411 Ingrid.Wooten@LNF.com
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with Me I DO
IT ALL!!
Celebrity Homes for Sale
“Elvis Presley’s Beverly Hills Home” The days of Elvis slouched on a wellworn overstuffed sofa with a plate stacked high with peanut butter and banana sandwiches on his lap are long over for the house that he and Priscilla bought for $400,000
“Kirk Douglas’ Palm Springs Home” As Kirk Douglas celebrated his 100th Continued on Page 18
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ing onitor t n m ai h p d t , n i ng ge a i w l de rran my st o f i L m I a art o s! e ? r u g, ? e p c o g i s v n n a Y gi er ni g s a If n a st , cle ythi tate d r s s ee em eve al E it Re
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Built in rustic style with warm woods, local stone and seven stone fireplaces in the main house, it has two kitchens, dining and living rooms, a den, five bedrooms and six bathrooms. The attached guest quarters have two bedrooms, bath, living room with fireplace and a full kitchen. The detached guest house is two stories with a small kitchen, a bathroom, a stone fireplace and a deck overlooking the view. A private helipad allows guests to fly in and out and there is parking for 25 cars. Although much of the home has been updated such as the commercial-grade kitchen, some of Sinatra’s personal touches are still at the home, including a secret doorway, bathroom wallpaper and a Ronson foodmatic. The current owner’s family were Sinatra friends and the only occupants since he lived in the home. Markus Canter and Cristie St. James of Berkshire Hathaway HomeServices and Scott Palermo and Jim Sanak of Harcourts Desert Homes are the listing agents. Currently on the market priced at $3.9 million.
when they were first married in 1967. Back in the day, the gated French Regency house had the great bones that it has today, but 1960s Elvis style was a far cry from the slick, sophisticated home it is today. Along with the home of 5,400 square feet, the property has an attached guest house, large motor court and decadent pool terrace overlooking the city to ocean views. The four-bedroom, five-bath residence is sited on 1.18 acres on a street popularly known as “Billionaires Row,” which is quite the celebrity magnet. The newly renovated interior includes high ceilings, hardwood floors and floor-toceiling windows and glass doors that open to the terraces and view. Updates include new flooring, an added laundry room, upgraded electrical, stainless-steel kitchen appliances and resurfaced pool and spa. Oozing both glamor and warmth, the home has a luxurious master suite, skylights and fireplaces including one pool side with fetching venues for entertaining throughout the property. Mauricio Umansky of The Agency in Beverly Hills holds the listing for this newly updated contemporary estate formerly owned by The King of Rock n’ Roll. Priced at $30 million.
IF
Continued from Page 16
I sell more because I do more, and I’m ready when you are.
Denny Kaydouh 703.244.7474 Dennysells@Verizon.net
Carol, Jerry & Jinx Our past clients have always been our biggest fans! Become a fan; give us a call! “Thank you so much for the excellent service you gave us in selling our home in Arlington and buying one in Reston. You anticipated concerns and had plans of action ready. During the weeks we all worked together, we came to see you as friends we could count on. If you need a reference at any time, count on us. And please stay in touch. All the best, " Steve T. and Stephenie O.
“Particularly impressive, we believe, was your proactive approach to the issues, attention to detail, and effort to keep us fully informed throughout the process. Best wishes to you in the future. Sincerely,” Diane S. “We truly appreciate all the wisdom, insight, knowledge, and professionalism you brought to our search for a home. You really made this happen for us and we are so grateful. Thank you so much! Sincerely,” Jenny, Jason S.
“Now that we're beginning to settle in after our move, we want to express our gratitude for your expertise in selling our house in Arlington. We valued your professionalism and wisdom throughout the process. You made it painless!” Kathy & Mike, Mc “Ther is no way I culd av ted jt aboy to mang eveythn o aesly -- and get th pl old fr o ft! Tak Car,” Cynthia B.
“You made this process work seamlessly and you made me feel like a valued friend. I truly felt that I was in the hands of a trusted, professional couple who really cared about the people they work with. Thank you so much for all you did ... I truly value your friendship & your counsel. Most Sincerely,” Dian P.
NVAR Lifetime Top Producers! The #1 Family Team in Arlington!
Call us at 703-622-4441,
to discuss your real estate needs. WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 17
Celebrities: Mansions of the Rich and Famous Continued from Page 17 birthday at the Beverly Hills Hotel on Dec. 9, he was joined by his wife, his son Michael and wife Catherine Zeta-Jones, Don Rickles, important film-executive friends and his cardiologist (who handed him a tall vodka). Since the doctor told him for years that he couldn’t have a drink until he turned 100, it was a fitting thing to do. To Kirk Douglas, age is still just a matter of numbers, but it’s still nice to have accumulated more memories than almost anyone else. His Palm Springs home likely held many of the happiest. The longtime vacation home of Kirk and Anne Douglas in the historic Old Las Palmas neighborhood, where they escaped Hollywood for over 40 years until they sold it in 1999, was for sale in 2016. The 4,000-square-foot home, originally designed by Donald Wexler for the owner of the champion racehorse Seabiscuit, retains the purity of Wexler’s original design with its flagstone-and-pecky cypress foyer, walls of floor-to-ceiling glass and beamed ceilings. The open floor plan includes formal dining and sitting areas with casual fireside seating; the original mirrored wet bar reminding of old Hollywood, updated baths and an updated kitchen with the expected granite and stainless steel. The five bedrooms and eight baths include two master
suites, Kirk’s suite and Anne’s suite designed each to their personal preferences, both opening to terraces overlooking the mature landscaped grounds. A large interior atrium opens the main rooms to outdoor living and the exterior gated perimeter wall encloses gardens, pool terrace and tennis court. The Douglas home sold above the asking price of $3.45 million. The new owner will be the next-door neighbor of Leonardo DiCaprio, who purchased Dinah Shore’s former home in 2014. Bennion Deville Homes in Palm Springs was the listing agent. “Adam Levine’s New York Penthouse” Hottie frontman for Maroon 5 and longtime judge on “The Voice,” Adam Levine and his supermodel wife, Behati Prinsloo, seem to be making their own lifestyle changes since welcoming their first child into the world in September, Dusty Rose. Prior to her birth, they put both their Beverly Hills mansion and their trendy New York SoHo loft up for sale. Selling soon after it was listed for $5.4 million to shoe designer Nick Lucio, Adam’s spacious New York loft makes a great bachelor or couples pad, but he converted the second and third bedrooms into open space in 2014, long before the baby news broke, leaving just its one large master suite. Located on a charming cobblestone street, the SoHo cast-iron building dates back to the early 1900s.
At 2,800 square feet, the one-bedroom unit still retains its six original columns and exposed brick walls with arches embedded within the brickwork. With 13-foot ceilings and huge windows overlooking Greene Street, the open floor plan makes it feel larger than its square footage indicates with a 60-foot living room that opens to a kitchen with black granite and stainless high-end appliances. The large master suite bath includes jacuzzi, separate shower and large walk-in closet/dressing area. Adam hasn’t had as much luck with his Beverly Hills mansion, recently reducing the price from $17.5 million to $15.95 million. The listing agents for the New York loft were Adam Mahfouda and Jules Borbely of Oxford Property Group. “Pierre Cardin’s Bubble Palace” Vacation homes are fairly common among the wealthy and even the not so wealthy, but when designer Pierre Cardin looked for a vacation home, he naturally chose one of the best locations in the world and a one-of-a-kind mansion with unique style. He chose a home on a Mediterranean cliff overlooking the sea made up of bubble gum pink bubbles. Mid-century architect Antti Lovag designed Le Palais Bulles – the Bubble Palace – in Cannes, France, which was built between 1975 and 1989. Pierre Cardin
purchased the home at auction in the early 1990s as a vacation home. He was drawn to the property, saying, “Round shapes have always inspired me,” and compared it to a woman’s body saying “. . . everything is absolutely sensual.” After all, Cardin did design the famous Bubble Dress in 1958 and is known for dressing The Beatles and the Rolling Stones. Currently for sale, the connecting bubbles representing one room each, is spread over six levels on 1.75 acres on a cliff with 180-degree-views over the Mediterranean. With not a straight line on the property, the 10-bedroom residence has all spherical formal and private rooms including curved bathroom fixtures. The lush gardens contain ponds and swimming pools that artistically reflect the architecture both during the day and when lit at night. At the edge of the cliff is a 500seat, open-air auditorium with views of the Mediterranean and the Bay of Cannes. Michaël Zingraf Real Estate in Cannes, France holds the listing, recently reduced from $456 million to $335 million. It is the second-most expensive home currently for sale in Europe. The Sun Gazette is the community’s source for real estate news, but also for all the different kinds of news that keeps the community informed and engaged!
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18 | J A N U A RY 2 0 1 7 | W I NT E R R E AL E STATE GU I DE
Survey: Some Markets May Be ‘Bubbles’ (PR NEWSWIRE) – The majority of the most sustainable housing markets in the country are located east of the Mississippi River, including New York City, Boston, Chicago and Philadelphia, and are likely to see continued sustainable growth in home sales activity and house price appreciation in 2017, according to a forward-looking housing barometer released by Nationwide. According to Nationwide’s Health of Housing Markets Report (HoHM Report), common characteristics among the most sustainable housing markets include sustainable house price growth, affordability, solid job growth and falling delinquency rates. “Despite rising home prices and interest rates, an increase in household formations, solid job growth, continued declines in delinquency rates and a still-low level of mortgage rates are all contributing to a sustainable housing market that should continue over the next year,” said David Berson,
Nationwide’s senior vice president and chief economist. “Importantly, with improved employment and income prospects, Millennials are an expanding portion of housing demand as they move out of their parents’ homes – increasingly to form families.” The quarterly report evaluates the housing health for the U.S. and 400 metropolitan area. Overall, it indicates that the vast majority of local housing markets will experience sustainable housing activity during the next year with little chance of substantial downturns. The report also found that unsustainable house price growth is lowering affordability in four cities in the western half of the country: Dallas, Denver, Portland and San Francisco. The report also found that: • Regionally, the rankings show positive housing trends in the majority of metro areas. This suggests that most local housing markets should see sustainable expansion over the next year.
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Energy-sector slowdowns continue to depress the housing outlooks in several MSAs in energy-intensive areas, especially in North Dakota, Wyoming, Texas and Louisiana. Stabilizing oil prices and employment readings, however, are likely to improve the housing metrics in these regions. • More than a quarter of metro areas are rated as healthy and most sustainable – indicating a positive outlook for 2017 and a very small likelihood of a downturn in housing activity. • The 10 top metro areas in the index, which reflects the health of housing, are, in order, New Bern, N.C.; Cleveland, Tenn.; Syracuse, N.Y.; Goldsboro, N.C.; Baltimore-Columbia, Md.; Fayetteville, N.C.; Valdosta, Ga.; Cumberland, M.D.-WVa.; Columbia, S.C.; and Augusta-Richmond, Ga.-S.C. • Three of the bottom 10 metro areas are in Texas. In order, the full list of the bottom 10 are Bismarck, N.D.; Victoria, Texas; Casper, Wyo.; HoumaThibodaux, La.; Lafayette, La.; San An-
gelo, Texas; Dallas-Plano-Irving, Texas; Anchorage, Alaska; Missoula, Mont.; and Hammond, La. • Showing the most improvement in the past year, in order, are WatertownFort Drum; N.Y.; New Bern, N.C.; Jacksonville, N.C.; Grand Island, Neb.; Fayetteville, N.C.; Dutchess County, N.Y.; Charlestown, W.Va.; Pittsfield, Mass.; Cleveland, Tenn.; and Elmira, N.Y. • Weakening the most in the past year, in order, are Bismarck, N.D.; Lubbock, Texas; Anchorage, Alaska; Iowa City, Iowa; Texarkana, Texas-Ark.; Owensboro, Ky.; Casper, Wyo.; Manhattan, Kan.; Bremerton-Silverdale, Wash.; and Carbondale-Marion, Ill. The HoHM Report is released on a quarterly basis online and in print. More information about the report, including the methodology used, can be found at www.inthenation.com/housing. The Sun Gazette is your source for news of local real estate!
703 King St Alexandria, VA 22314 Magnolia’s on King offers Southern Immersion Cuisine in the heart of Old Town Alexandria. Guests can anticipate classic dishes with a southern twist, with a big emphasis on what is locally sourced and firmly rooted in farm fresh practices. Weekend Brunch Returns! Magnolia's On King now serves brunch on Saturdays and Sundays from 10:30 am to 2:30 pm. Check out our delectable new brunch menu. Come on by to visit or make reservations. We look forward to seeing you soon. (703) 838-9090 www.MagnoliasOnKing.com
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A recently completed renovation and expansion of this mid- 20-century classic has delivered the space and amenities sought by today's modern buyer. Situated across from Windy Run Park, the trailhead to the Potomac River is a short stroll down the quiet street. Expanded to 3200 SF of open, light filled living space on four levels, the home features exceptional workmanship and design, throughout. The seamless integration of the two-level brick addition and uniform renovations bring the home up to modern architectural standards, including high ceilings, extensive wainscoting, crown molding, 3 levels of hardwood flooring and built-in cabinetry. The 700 SF Master suite features a tray ceiling, skylights, chandeliers and an amazing, cedarlined walk-in closet. The spacious Master bath boasts a two-person Jacuzzi, a separate glassenclosed Kohler steam shower, radiant heat floors, and a heated towel rack. The gourmet Kitchen boasts professional-level appliances, including convection ovens, a dual fuel commercial grade stove and hood, and a wine refrigerator. Full overlay painted Mahogany cabinets include powered retractable small appliance racks in the peninsula. On the lower level there is a walk-out Family room featureing a wall of windows, Library, and a guest or au pair suite that includes a bedroom, sitting room and kitchenette. The sound insulated basement keeps sound transfer between floors to a minimum.
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Q&A: Is a Home Office a Key for Buyers? Continued from Page 5 need one, they need to consider resale value.” Barbara Lewis, Washington Fine Properties: “Home offices are still desirable. Many more people are working at home or tele-commuting, and they need a designated place to keep their things. While there is a desire to be paperless, there is still a lot of paper that we need to handle, and all of this is best done in a home office.” Craig Mastrangelo, Re/Max Allegiance: “The past decade has seen a real increase in the percentage of the workforce that is able to telecommute, thus placing an increased need on having separate/ dedicated work space in one’s home. This trend, especially in a highly trafficked area like Northern Virginia, shows no signs of abating.” John Mentis, Long and Foster: “At prices of $1 million and higher, home offices are still desirable. At less than that, buyers are becoming more resolved to the fact that either the home office doesn’t exist or that it’s very small or that it’s makeshift.” Jean Beatty, McEnearney Associates: “The home office is a huge want, and in many cases a need, as so many buyers plan to telecommute. Often, buyers will look for a house with more bedrooms than
otherwise needed to enable them to transform one of them into a home office.” Mike Highman, Acquest Realty, Inc: “We are in a mobile-device era and that is exactly what I am experiencing with my buyers. They are not asking specifically for a home office as a criteria during the home search. Their tablets, smart phones, and the cloud are their floating office to be used in the kitchen, family room or wherever. There is no need for home-office space to store file cabinets and huge desktops of long ago. The only space that is needed is for a multi-function-printer unit, and that can be stored in a wired family room wall cabinet.” Diane Lewis, Washington Fine Properties: “More and more people work from home, so there is a need. A new trend is trading the living room for a formal library and still having a working office off the family room.” Joan Stansfield, Keller Williams: “The majority of today’s buyers want or need a home office, or space to create one. I see it in greater demand now than ever. With so many people now working from home, it’s become a must-have.” Mary Roberge, McEnearney Associates: “I am definitely seeing that the home office, if not two, are still a definite want for buyers. The room that I don’t think is desired as much is a media room.” Natalie Roy, Keller Williams:
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“Home offices continue to be popular with a wide range of buyers. More people are telecommuting and looking for that extra space to set up a designated study or office.” Jennifer Thornett, Washington Fine Properties: “The home office or library has always been a traditional need/want of buyers, and we don’t see that changing. However, what has changed is that buyers are able to demand more flexibility with regard to the location of their home office within the home or the style of the room.” Betsy Twigg, Washington Fine Properties: “Having a home office is even more important than five years ago. With so many more people telecommuting now, a dedicated space for working from home is needed.” Casey Margenau, Casey Margenau Fine Homes & Estates: “Today, it kind of has to be there and is expected, even in a little tiny condo. People have to have a work space in their house, because everybody has a computer.” Dean Yeonas, Yeonas and Shafran Real Estate: “A work space is very important for most people. We have sold houses where living rooms are converted into a home office. We see that a lot, because formal living rooms aren’t used as much now. A home office is more important.” Karen Briscoe, Huckaby Briscoe
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Group: “There has to be a designated space, even if they are built-in cabinets. We are seeing a trend to have one big office space in homes, then another smaller space, typically near the kitchen as kind of the hub and a multi-purpose space.” Rob Ferguson, Re/Max Allegiance: “Going forward, the home office will continue to be of big importance because there are more people working from home, and that isn’t going to change.” Ann Wilson, Keller Williams: “At least some type of small nook is important to have, even if it’s working on a diningroom table.” Gloria Adams, TTR Sothebys International Realty: “Everyone likes to have a work space or library. That is kind of expected now.” Mark Middendorf, Long and Foster: “Husbands and wives want an office, and to have a work space for their children, as well. We are seeing more little work rooms.” Carol Temple, Coldwell Banker: “Dedicated office spaces are a big market now, and there is a big value to that. People want two or three bedrooms and an office. And if not, they will build one or add doors to have one made. They want the ability to work in a separate space.” Adam Gallegos, Arbour Realty: Continued on Page 22
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703 304-3925 WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 21
First-Timers: Decline in Entry-Level Homes
PARENTS & CAREGIVERS! Registration is open for Your Child’s Development 2017. This 9th annual FREE fair for Arlington parents and caregivers of children from birth to 5 years old features many County agencies and community organizations. Workshops (presented in English with Spanish interpretation) are: t Nurturing Positive Parent-Child and Adult-Child Relationships t )FMQJOH $IJMESFO )BOEMF 4USFTT BOE 5SBVNB
Saturday, February 25, 2017 9 a.m.-12:30 p.m. Kenmore Middle School
200 S. Carlin Springs Rd., Arlington 22204 Please register in advance for this FREE event! Online at www.arlingtonresourcefair.com By e-mail at tsfoster@arlingtonva.us By phone at 703-228-1630 Come for all or part of the event. Coffee and refreshments will be provided. The fair is presented by the Arlington Early Intervention Interagency Coordinating Council, which is comprised of several Arlington County agencies, Arlington Public Schools offices, local community organizations, and Arlington parents.
Proud to partner CRA offfers fers special thanks to our with Community advertising sponsor for ttheir support n Resources of America of goes our vocational Community Resources/Sun Gazette info here rehabilitation to distribute the program for the mentally ill. Sun Gazette for free at selected Metro locations in Arlington and Fairfax counties A 501(c) 3 TAX TAX EXEMPT MPT CHARITY Visit us online at www.InsideNoVa.com m 22 | J A N U A RY 2 0 1 7 | W I NT E R R E AL E STATE GU I DE
(PR NEWSWIRE) – The number of homes for the average first-time homebuyer saw its steepest year-over-year drop in three years, falling 12.1 percent since 2015, according to the newly released Trulia Inventory and Price Watch. Moreover, these buyers will need to pay 1.9 percent more of their income on average to buy a starter-home in their local market. Nationally, housing inventory fell for the sixth consecutive quarter, dropping 9.1 percent from a year ago. Across different housing segments, home buyers saw the biggest decreases in starter and trade-up home inventory. The number of starter homes and trade-up homes on the market dropped 12.1 percent and 12.9 percent from this time last year, respectively. Meanwhile, premium-home inventory fell a more moderate 5.6 percent. Declines in the affordability of starter homes continues to plague first-time home buyers. Today, the average starter-home buyer will need to spend 38.5 percent of monthly income to buy a starter home – a 1.9-percent t increase from last year. This decline in affordability is more than twice as much for trade-up homes (up 0.9 percentage points) and nearly four times the amount needed to buy a premium
home (up 0.5 percentage points). Comparatively, buyers of trade-up homes and premium homes would each need to spend just 25.5 percent and 13.9 percent of their income to buy a home, respectively. In many coastal housing markets, affordability has eroded significantly over the last year, especially in Tacoma, Wash. and Portland, Ore. But in Sacramento, Calif., Los Angeles, San Francisco, San Diego and Miami, starter home unaffordability continues to be a persistent problem. Among the 100 largest U.S. metros, these metros ranked in the top 10 annual declines in affordability for starter homes from 2012 to 2015 and remain in the top 10 for declines in affordability for starter homes from 2015 to 2016. “Tight inventory will still be a big obstacle to home ownership in many markets in 2017, but I’m cautiously optimistic that we’ll see the bottom of the current housing shortage as the year progresses,” said Ralph McLaughlin, chief economist for Trulia. “As mortgage rates continue to trend upwards, home buyers in the costly coastal housing markets in California and the Northeast may get some relief,” McLaughlin said. “Rising rates will likely cool the fierce competition in these markets.”
Real Estate Over the Years Continued from Page 13 inroads in the U.S. The relationship between the police and the public further came under scrutiny, while terrorist attacks in both the U.S. and abroad continued to raise worries. In the Middle East, there was continued turmoil, and the Syrian civil war raged largely unabated. In Britain, voters narrowly opted to leave the European Union, again confounding the pollsters and pundits. Among those who left us during the year: Muhammad Ali, Fidel Castro, Prince, the mother/daughter
EHO PUBLISHER’S NOTICE
We are pledged to the letter and spirit of Virginia’s policy for achieving equal housing opportunity throughout the Commonwealth. We encourage and support advertising and marketing programs in which there are no barriers to obtaining housing because of race, color, religion, national origin, sex, elderliness, familial status or handicap.
All real estate advertised herein is subject to Virginia’s fair housing law which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, national origin, sex, elderliness, familial status or handicap or intention to make any such preference, limitation, or discrimination.” This newspaper will not knowingly accept advertising for real estate that violates the fair housing law. Our readers are hereby informed that all dwellings advertised in this newspaper are available on an equal opportunity basis. For more information or to file a housing complaint call the Virginia Fair Housing Office at (804) 367-9753. Email: fairhousing@dpor. virginia.gov. Web site: www.fairhousing.vipnet.org
team of Debbie Reynolds and Carrie Fisher, Gordie Howe, Natalie Cole, Arnold Palmer, George Michael, John McLaughlin, Edward Albee, David Bowie, Zsa Zsa Gabor, John Glenn, Harper Lee, Abe Vigoda, Garry Shandling, Florence Henderson, George Kennedy, Morley Safer and Merle Haggard. The real estate market showed a 3.7-percent increase in home sales to 21,097 (the highest total since 2006) but the average sales price was relatively flat, declining 0.5 percent to $556,368. Total sales volume bumped up to $11.7 billion, the highest since the market peak of $15.7 billion in 2005.
Home Office Continued from Page 21
“We are seeing more and more telecommuting, so buyers need home offices more and more. Buyers are willing to convert space. They want a designated work space, even if it’s plopping the laptop on a living room coffee table.” Jack Shafran, Yeonas and Shafran Real Estate: “Many want that separate room off the kitchen area for kids to do homework, or look up recipes on computers while cooking. The room is for family use. Then, sometimes a whole separate space is still wanted.”
WI N TER R EA L E STATE G UIDE | JANUARY 2017 | 23
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Buck & Associates are pleased to announce that Steve Klintberg has affiliated with Billy Buck & Co., bringing his 38 years of experience as a real estate professional and broker in Northern Virginia to one of the most successful real estate teams in Northern Virginia. For more than 40 years, Buck & Associates has been serving clients throughout Northern Virginia and the District of Columbia with the highest level of service, knowledge, and integrity, and Steve’s experience and values con�nue in that tradi�on. He likes to say that he is “dedicated to giving my clients more than they expect, and everything they deserve.”
BILLYBUCK
& C O M PA N Y