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Friday, January 15, 2010

1390 Canterbury Way - Potomac Woods - $539,900

Listed by Weichert

Google Map Here

Potomac Woods is a mix of small colonials and splits on the north side of Montrose Road. Built in 1964 - this home has been updated but will need some additional TLC.

Potomac woods is a nice neighborhood in a great location. Located in the Richard Montgomery Cluster - the home is less expensive then those of similar size with Churchill or Wootton High Schools. This neighborhood is fabulous for those who want the 20854 zip code without the Potomac price.

This home is brick and frame on a quiet street. The home seems to be well maintained from the exterior and has decent curb appeal.

The foyer is open to the living room and dining room and is hardwood throughout. The bay window and back slider have been updated with double paned glass at some time in the recent past. The far wall in the main rooms is painted paneling. Although the paint on the paneling updates the look - all of the walls in this home are in need of pointing up and paint.

The kitchen has been updated with dark tile on the floor and a recent countertop upgrade. The cabinets are newer with some type of dark reddish cherry stain. All appliances except for the range have been recently replaced. The walls in this room also need pointing up and paint. It could also use a thorough cleaning. They left some decorative beams in the ceiling area. They don't match the cabinetry and should be stained to match or removed.

Downstairs in the family room there is a fireplace with full brick wall. Pergo has been installed as flooring here and in the back utility room. The lowest level of the basement is unfinished and houses the furnace and water heater. There is also plenty of space for storage on this level.

There is brown carpeting on the stairs to the upper level that looks like it is older. There is an odor as you walk up to the stairs that is emanating from the hall bath. I don't know what this is, but it is strong and offensive. Something should be done to get rid of or at least calm this issue. Any potential buyers should investigate the cause to be sure there is no long term issue that will come back to haunt them.

The bedrooms are typical for a 1960 split. They are small but serviceable. The baths are in rough shape and should be on the top of the "to-do" list. Maybe gutting the hall bath will solve the odor problem. The brown carpet should also be taken up, especially if there is hardwood below. I'd rather see hardwood with stains then older brown carpet.

This is a short sale that at one point was under contract. Although priced attractively, this will need some work to make it nice. It would sell faster and at a higher price with a good cleaning and coat of paint. This should go for between $510K and $520K when the ink dries.

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