728 RICHMOND AVE, SILVER SPRING, MD 20910
Value opinion for 728 Richmond:
After initially making a field inspection of this property and discussing the possibilities of adding a second floor (essentially doubling the size of the house)
I did a study of the sales from the last 6 months .
I looked for nearby properties in the same subdivision and with the same style home transformation. .
I found this property:
726 Chesapeake Ave (same neighborhood)
Please refer to the map for clear location data showing this house just around the corner
Chesapeake was put in the market listed for $735,000 on April 5th 2013
3 days later on April 8th 2013 it was put under contract
subsequently, this property was sold for $710,000 on May 30th, 2013
These are the interior pictures. .please continue reading more information after pictures
Exterior (Front)
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Front Porch
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View from Front door
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Kitchen
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Dining Room
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Family Room
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Living Room
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Living Room
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Office or bedroom
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Kitchen
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Kitchen
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Dining Room
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Main level hall bath
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Steps to upstairs bedrooms
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Hallway upstairs
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Bedroom 1
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Bedroom 1
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Bedroom 2
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Full bath upstairs
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Full bath upstairs
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Bedroom (Master)
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Bedroom (Master)
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Bedroom (Master)
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Basement
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Bedroom 3
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Basement full bath
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Bedroom 4
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Exterior (Rear)
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Garage
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Exterior (Front)
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We want to emulate this from all points of view. .
The total sq ft in this house is 2052'
and we should be close to the same size
Our vision is:
We are going to add an extra bathroom upstairs
We will take a more detailed approach converting the backyard to a small paradise with stone patio, landscaping and inspiring relaxation
We will paint the interior to a more earthy and neutral tones as opposed to this comparable. .
We will enhance this house with all the details that is expected from a $700+ house.
Other Comparables
Of course we can not achieve real value and predict exact results from one single property. .therefore
These comparables are from the same neighborhood of subject property (relevant notes in red)
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| 835 RICHMOND AVE, SILVER SPRING, MD 20910 |
| ML#: MC8088569 | LP: $590,000 PRICE |
| Status: CONTRACT | Transaction Type: Standard Sale |
| Adv Sub: Blair |
| Ownership: Fee Simple, Sale | TOT EST CHRGS: $5,620 |
| Contract Date: 01-Jun-2013 | Close Date: 28-Jun-2013 |
| Close Price: | Seller Subsidy: |
| Date Avail: | Ground Rent: |
| Type: Detached | Area: |
| Style: Bungalow | ADC Map Coord: 29.734446 |
| BR/FB/HB: 3/1/1..<<<only one full bath! | Yr Blt: 1928 |
| Lot AC/SF: .138 / 6000 | HOA/CC Fee: / |
| SQFT-Tot Fin: 1,836 | Tax Living Area: 1,322 (only 1322 sq ft) |
| Lvls/Fpl: 3/1 | Vacation Y/N: No |
| Construction: Brick, Frame |
| Basement: Yes, Fully Finished, Heated, Improved, Outside Entrance, Side Entrance, Walkout Stairs, Sump Pump |
| Parking: Drvwy/Off Str, Garage, Faces Side, Garage Door Opener, Concrete Driveway |
| # Gar/Cpt/Assgn: 1// | DOMM/DOMP: 11/11...<<<11 days under contract! |
| Heat/Cool: Natural Gas/Hot Water, Radiator/Electric/Attic Fan, Ceiling Fan(s), Central A/C, Energy Star Cooling System, Programmable Thermostat |
| Water/Swr: Public/Public Sewer |
| List Date: 22-May-2013 | Update Date: 02-Jun-2013 |
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| Showing Information: Lockbox-Sentrilock, Show Anytime, Sign on Property, Vacant, All Days | |
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| Company: | Munsey-Kane Realty, LLC | O/F: | (301) 589-6555 / (240) 293-1293 |
| List Agent: | Licia Zurn-Galinsky | H/O/C: | (301) 641-4609 / (301) 641-4609 / (301) 641-4609 |
| Showing: | Licia Galinsky | H/O: | (301) 641-4609 / (301) 641-4609 |
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| Remarks: Spacious 3 BR 1.5 BA completely renovated Sears-style Bungalow. Walk to Metro & Downtown Sil.Spring. Lovingly restored over 25 years by owners: New CAC & kitchen, double-pane wood frame windows, MBR built-ins, completely finished lower level, great landscaping, rear deck & screened porch. Vintage tiled full bath & fixtures, 5 panel doors, oak & heart pine floors, huge closets. Everything's done! |
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| Directions: From DC traveling North on Georgia Avenue: Turn left onto Sligo Ave 0.2 mi Take the 3rd right onto Woodbury Dr 210 ft At the traffic circle, continue straight to stay on Woodbury Dr 338 ft 5. Turn left onto Richmond house on left... |
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| 821 VIOLET PL, SILVER SPRING, MD 20910 |
| ML#: MC8058787 | LP: $599,000<<<Price |
| Status: ACTIVE | Transaction Type: Standard Sale |
| Adv Sub: Blair |
| Ownership: Fee Simple, Sale | TOT EST CHRGS: $4,909 |
| Date Avail: | Ground Rent: |
| Type: Detached | Area: |
| Style: Bungalow | ADC Map Coord: 37 B-11 |
| BR/FB/HB: 3/3/0 | Yr Blt: 1928 |
| Lot AC/SF: .092 / 4000 | HOA/CC Fee: / |
| SQFT-Tot Fin: 1,850 | Tax Living Area: 876 <<<base size is smaller /subject property is 928 sq ft |
| Lvls/Fpl: 3/0 | Vacation Y/N: No |
| Construction: Wood |
| Basement: Yes, Full, Fully Finished, Outside Entrance, Walkout Stairs, Windows |
| Parking: Drvwy/Off Str |
| # Gar/Cpt/Assgn: // | DOMM/DOMP: 46/46 |
| Heat/Cool: Natural Gas/Forced Air/Electric/Central A/C |
| Water/Swr: Public/Public Sewer |
| List Date: 19-Apr-2013 | Update Date: 03-Jun-2013 |
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| Showing Information: Call 1st-Showing Contact, Call 1st-Owner, Lockbox-Sentrilock, All Days | |
only 1/2 second story was added to this house (see pic). .we intend to do a complete full second story addition
Another difference is that this house maintained the old narrow rooms plans from its original bungalow style from the 1920's on the main floor
we intend to "OPEN" the main floor with a living room, dining room, office and a state of the art kitchen on the back end.
Our house will be modern and basically a brand new home. .
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| Company: | Long & Foster Real Estate, Inc. | O/F: | (240) 497-1700 / (240) 497-0350 |
| List Agent: | Tom Nalls | H/O/C: | (240) 497-1700 / (240) 497-1700 / (301) 237-5170 |
| Showing: | S Missimer | H/O: | (703) 930-5269 / |
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| Remarks: New Price! Great renovations in a classic Sears bungalow. Ideal location close to SS and Takoma Metro. 3 finished levels with master suite,bright eat-in kit w/cherry cab & SS,concrete counters,bamboo floor,spacious LL w/full BA,covered front sitting porch,fenced back,professional landscaping,2 car drwy. Classic detail w/modern upgrades. |
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| Directions: From SS, East on 410,L on Chicago,L on Violet. From Takoma Park, West on 410, R on Chicago,L on Violet |
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| 726 CHESAPEAKE AVE, SILVER SPRING, MD 20910 This is the house we want to emulate. . |
| ML#: MC8046622 | LP: $735,000 |
| Status: SOLD | Transaction Type: Standard Sale |
| Adv Sub: Blair |
| Ownership: Fee Simple, Sale | TOT EST CHRGS: $6,149 |
| Contract Date: 08-Apr-2013 | Close Date: 30-May-2013 |
| Close Price: $710,000 | Seller Subsidy: $ |
| Date Avail: | Ground Rent: |
| Type: Detached | Area: |
| Style: Colonial | ADC Map Coord: 37B10 |
| BR/FB/HB: 6/3/0 | Yr Blt: 1925 |
| Lot AC/SF: .111 / 4830 | HOA/CC Fee: / |
| SQFT-Tot Fin: 2,912 | Tax Living Area: 2,052 |
| Lvls/Fpl: 3/1 | Vacation Y/N: No |
| Construction: Frame, Vinyl Siding |
| Basement: Yes, Daylight, Full, Fully Finished, Rear Entrance, Walkout Stairs |
| Parking: Drvwy/Off Str, Garage, Street |
| # Gar/Cpt/Assgn: 1// | DOMM/DOMP: 3/3 <<SOLD IN 3 DAYS |
| Heat/Cool: Electric, Natural Gas/Heat Pump(s), Hot Water, Radiator/Electric/Ceiling Fan(s), Central A/C, Wall Unit |
| Water/Swr: Public/Public Sewer |
| List Date: 05-Apr-2013 | Update Date: 31-May-2013 |
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| Showing Information: Call 1st-Showing Service, All Days, 9 AM - 7 PM | |
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| Company: | Caparosa Realty Services, LLC | O/F: | (301) 570-6100 / (301) 570-1587 |
| List Agent: | Robin Caparosa | H/O/C: | (301) 570-6100 / (301) 570-6100 / (301) 520-7993 |
| Showing: | Css Css | H/O: | (866) 891-7469 / |
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| Remarks: **Raised the roof on this charming bungalow w/front porch by adding 3 BR up & bumped out main lvl w/FR off kit**Full finish bsmt w/2 add'l rms & FB, sitting area, exit, & furnace rm**Main lvl has LR/DR/Kit/Breakfast rm/FR/BR**Beautiful additions**1 car Det gar, fenced rear yd**Buyers must complete financial form & have lender ltr w/offer**CLA w/?s** right between both SS & Takoma Metro Stations** |
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| Directions: From DC north GA Ave, Right Sligo, Right Chesapeake to house on right |
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This was prepared by Fernando Herboso
Broker for Herboso & Associates llc
Owner of Maxus Realty Group
240-4269-5754
email
www.ReallyNiceHomes.com
Please contact me if yo have any questions,
Thank You
Fernando
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