June 9, 2018

Builder Bargain Special .5 acre Oriole Ave $449,900

Midget house on big lot in the land of giants

$449,900 flat cleared .5 ac 22150 surrounded by huge homes

AS IS, third party approval required. Parcel detail photos:

Back Yard Front step damage

Front door Left Neighbor

Left side yard Rear of house

NEIGHBORHOOD ESTABLISHES POTENTIAL VALUE!

Right side neighbor 2nd Right Neighbor

Across the street neighbor Across street right neighbor

Immediate left neighbor

 

June 9, 2018

$475K! Alexandria 3-level 2-car 4/3 colonial!

6717 WOODSTONE PLACE, ALEXANDRIA, VA 22306

OPEN SUN 6/10/18 1-4 PM, JUST $475,000

2-car drive and 2-car garage

 BEST BUY SINGLE FAMILY HOME IN ALEXANDRIA!

Isn't it time you had a real house? 

Why settle for an attached townhome when ...

you can have a detached home

with yards on all sides and room to park both on the driveway and in the garage.

Spacious vaulted ceiling living with hardwood floor  Roomy kitchen with ceramic tile floor adjoins breakfast

Family Room with Fireplace and Slider to Deck Room Loft Study/Game Area Overlooks Living

Hardwood dining with fancy molding Huge private deck off family room

  • 3 bedrooms, 2 baths and a loft on upper level
  • Main level features vaulted living room and hardwood dining room with dental crown molding, chair rail, and shadow box molding
  • Ceramic-floored kitchen and breakfast on main
  • Family room and powder room on main
  • Legal 4th bedroom, full bath, huge recreation/game room, storage and den in finished basement

This fine property will not last long at this price. It is a short sale requiring 3rd party approval and must be sold AS IS. It is, however, in good condition.  

 

May 8, 2018

Contract: $749,900 Short Sale: 1807 Youngblood St McLean VA 22101

Rare McLean Grass Ridge opportunity for 1/3 acre corner lot!

 

Play VisualTour

 

Builders delight. Mid-century renovator's dream! Solid 1954 brick bilevel home with 2-car carport, wood floors, walk down deck.  Set behind trees on 1/3 acre corner lot. Similar home nearby just sold for $70K more.

Highest best and final offers due by 1700 EDT 5/14/2018. No assignable offers please. Winning bidder agrees to provide appraisal report to listing agent within 10 days of ratification for use in stripping worthless junior liens.

 

May 6, 2018

Off Market for Renovation! 9301 Messina Dr in Fort Washington MD

$275,500 Brick Fixer at 9301 Messina Dr in Fort Washington, MD

 

Investor/Renovator Special - Sweat Equity Opportunity - 9301 Messina Dr, Fort Washington, MD 

The red dumpster in the driveway will disappear.  Other than that this fine 3-level colonial home is completely AS IS.

No, it's not bank-owned, it's not a foreclosure, it's not a short sale, it's not an estate sale, and it's not a divorce sale. It is your opportunity to use your renovation loan, cash or hard money to acquire a fine project home priced well below after renovation market values.

This home has a 1-car garage, 3 bedrooms and 2-baths on the upper level, and a finished walkout lower level with a recreation room /bedroom 4, a den and a full bath.  The main level has a living room, a dining room, a family room, a kitchen, a breakfast area, a half bath, and a mudroom/laundry room off the hall to the garage.

The home is sited on a 0.72 acre lot backing to trees. There is a concrete pad with a basketball hoop and the backyard is fenced.

The interior and the brick fascia across the front of the house need renovation and/or repair.

The seller will not pay for any buyer subsidy, nor Maryland transfer tax, nor a home warranty, nor a termite inspection. The home is completely as is and you should inspect before you offer.

If you are interested in another serious renovation opportunity you may wish to consider 9607 Muirfield Dr in Upper Marlboro.

 

 

May 6, 2018

$229,900: Renovator's Delight in Upper Marlboro, MD

 

 

Just $229900 for Pool House on 1/3 AC Cul-De-Sac Lot at 9607 Muirfield Drive, Upper Marlboro, MD 20772

 

Renovator's delight, AS IS, project house for buyer with renovation loan, cash or hard money. 2-level home on 0.35-acre lot in Marlton golf community needs complete interior and back yard renovation. 

Entry is on upper level where there are 3 bedrooms and 2 baths. Downstairs is walkout lower level with living room, dining room family room, kitchen and half bath. Lower level has wood-burning fireplace and walks out to backyard. A 2-car garage protects your vehicles.

Backyard oasis is extensive collection of benches, decks, sheds, pool, hot-tub for 6. It needs demolition or thorough renovation.

This home is a normal sale, not bank-owned, not a foreclosure, not a short sale, not an estate sale. The seller will not pay for a warranty, termite inspection, buyer closing help, nor Maryland transfer taxes.  The home is absolutely AS IS except that the contractor tools inside may be removed.

This home is priced far, far below after-repair comparables and presents a significant opportunity for a buyer with access to pool, deck and interior contractor trades at wholesale rates.

You may also wish to check out another renovation project home at 9301 Messina Drive in Fort Washington.

 

 

April 14, 2018

SOLD! $489,900 LIKE NEW 4065 sf waterview

Play VisualTour

$489,900 - April 15, 2018 1-4 PM

None finer in Lake Ridge!  Like new throughout!  Oversize corner lot faces lake across street. 1st floor master plan has new paint, carpet, gorgeous light 'Pergo'-style floors, stainless steel kitchen appliances.  New roof, landscaping and driveway seal outside. Convenient main level master suite. Powder bath on main separate from master. Upper level has loft overlooking 2-story family room with wall of windows, 3 bedrooms, and another full bath.  Finished basement has huge recreation room and full bath plus 3 unfinished storage rooms.

 

March 16, 2018

Open Sat 6/16 1-4PM! $365,000 Updated br, 3ba Woodbridge Home

$365,000 13307 Nassau Dr, Woodbridge, VA 22193

13307 Nassau Dr

$365,000 Open Saturday 6/16/2018 1-4 PM

Renovated, updated, A/C just serviced! New kitchen. Motivated seller will review ALL written offers. Open Saturday, June 16, 2018, 1-4 pm.  Renovated, updated, brick Hyltonian 5/3 split foyer with gleaming 'Pergo'-style floors, new granite and stainless kitchen, 2016 roof, walkout to patio, wood stove insert in family room fireplace. Nice deck overlooks big yard backing to trees and walks down to sideyard and driveway at end. Move fast; it just won't last. Long concrete drive provides plenty of off street parking.

 

Feb. 13, 2018

SOLD: $294,999 Updated 4-BR 2 BA Woodbridge Home!

 

Updated 4BR 2BA Woodbridge Home

Click Here For Musical Visual Tour!

 

Just $294,999 for this wonderful brick home on 0.27-acre, cul-de-sac lot in Marumsco Hills.

Gourmet kitchen has granite counters, stainless steel appliances, updated cabinets and lighting.  Gleaming 'Pergo'-style floors on main level. Wonderful screened porch overlooks huge, fenced back yard and walks down to patio. Lower level master suite has built-ins, gas fireplace, full private bath, and walks up to patio.  Off street parking on the paved driveway protects your vehicles. Big shed in side yard for extra storage.

 

 

Feb. 3, 2018

Contract: $490,000 Updated 5/3.5 Colonial across from park in Lake Ridge!

12553 McIntire Dr, Lake Ridge, VA 22192 - Just $487,500!

Open House Saturday, 2/3/18 1-4 p.m.!

Sweet location in the heart of Lake Ridge on a huge, 5/8 acre wooded cul-de-sac lot right across from the Edgewood Pool park.

Updated 3-level colonial with gourmet granite and stainless steel kitchen, overlooking walk down deck, backing to trees.

Five big bedrooms, 3 1/2 baths, 2 gas fireplaces, a patio, a walkdown deck and full Lake Ridge amenities are waiting for you!

(Note: many maps, and the street signs, call this northwest end of the street McIntire Court, and the southeast end McIntire Drive, as below. But the county tax records, and hence the MRIS/MLS, insist it's Drive as in the label on the video above.)

 

Feb. 2, 2018

Bidding Wars Abound… How Long Will They Continue?

Bidding Wars Abound… How Long Will They Continue?

Bidding Wars Abound… How Long Will They Continue? | MyKCM

Just like with any product or service, the law of supply and demand impacts home prices. Any time that there is less supply than the market demands, prices increase.

In many areas of the country, the supply of homes for sale in the starter and trade-up home markets is so low that bidding wars have ensued, and the busy spring-buying season is just around the corner.

CoreLogic recently conducted an analysis on national home prices at the time of sale for their January 2018 MarketPulse Report and found that a third of homes sold for at least list price.

“The share selling above list price was almost three times the trough in January 2008 and represented more than one-fifth of total sales.”

Many markets in the western part of the country and around major cities are experiencing higher shares of homes selling above list price.

“San Francisco had the largest share of homes—76 percent—that sold for at least the list price, and Seattle and Los Angeles followed with 63 and 51 percent, respectively. Miami had the lowest share—16 percent—of homes selling at or above the list price.”

Increased demand during the spring and summer months, the traditionally busier seasons for real estate, will no doubt influence how many homes continue to sell over list price.

This should not be seen by sellers as permission to overprice their homes, though. Buyers are becoming more and more educated, especially those who have been searching for their dream homes for a while now while waiting for new inventory to come to market.

Realtor.com gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

Bottom Line

Without a large wave of new listings coming to market, buyers will continue competing with each other for the homes that are available. If you are thinking of selling your home, now may be the time to do so before more competition comes this spring. Let’s get together to determine the demand for your house in our area.