Wednesday, February 22, 2012

8310 Fox Run - Fox Hills - $824,000

8310 Fox Run - Potomac
Listed By Weichert
Fox Hills is a community of single family homes on the south side of Tuckerman Lane between Seven Locks Road and Falls Road.  Located a short walk from Churchill High School and Cabin John shopping center - this is convenient to everything anyone moving to Potomac could want.

This home is the largest of the Pulte homes built in this community in the mid-1960's.  With 5 bedrooms upstairs and 3 full baths - it is a great floor plan.

This home has been well taken care of and recently updated.  New windows, upgraded landscaping and refinished floors top the list.  A fresh coat of paint has it ready for showing - and boy - it shows well.

The foyer and lower level is traditional with formal living room and dining room.  There is also a private library or office in the front of the home.  The family room is in the back of the home - with a large masonry fireplace keeping the room cozy.  The kitchen has been updated with granite counter tops and some newer appliances.  it looks like the cabinets are original - but in great condition.  Overall - the kitchen looks great.  A large laundry and mud room is behind the garage - as well as a powder room.  I LOVE the space in this Williamsburg model.

The basement is full - but unfinished.  Loads of potential for those that may want additional space.

The upstairs has 4 teen size bedrooms - 2 of them sharing a Jack and Jill bath.  The hall bath serves the other two bedrooms and all of the baths on this floor have been nicely updated.  The master bedroom has good space and a nice size master bath.  This is a great floor plan for the upstairs.

The home sits on a third acre and has a privacy fence in back.  The corner lot makes this space seem a lot larger - and the house has great curb appeal.  A deck and professional landscape throughout will make this a turnkey purchase for the lucky buyers.

So - what about the price?  At $824,000 it may seem to be reaching - but I say not.  With all of the upgrades and lack of inventory - this is a fair and fantastic price.  With Churchill School Cluster and convenience to shopping and commuter routes - this one will sell quickly and at close to the offer price.  Should more than one person fall in love with this property - it could escalate above list price.  Kudos to the sellers and agent for presenting such a lovely product and pricing it well.

Tuesday, February 21, 2012

9904 Betteker Lane - Glen Park - 629,900

9904 Betteker Lane - Potomac
Listed By Sotheby's

Glen Park is an enclave of homes located on the north side of Glen at the end of Ambleside Drive.  Built in the mid 1960’s – these homes are a mix of split levels, ramblers and split foyers.  This home is located in the Churchill High School Cluster which is a draw for those moving to Potomac.

This rambler style home sits up on a knoll and has a full walkout in the rear.  The roof is extended to provide a sheltered front entry – and a carport adjacent provides room for a single car.  The main entry opens to a small foyer and entry closet with the kitchen to the immediate right.  The kitchen is small – but typical for a home this size.  It has been recently updated and most folks will find it an attractive feature.

Behind the kitchen is a large living room with windows looking out to the back yard.  A large deck with access through a slider provides outside entertainment space and a view of the yard below.  At some point the yard was hardscaped and was probably planted with annuals and perennials.  Even in February you can see bulbs for tulips and daffodils already peeking up out of the beds.
The left side of the home is the living area and contains three good size bedrooms and two updated baths.  The home has lovely hardwood floor throughout the upper level.  Overall – the home seems to have good bones.

An open stairway at the rear of the home is a vestige of modern design in vogue in the 1960’s.  Open to the lower level – it allows light to pass through between levels and is a positive feature.  The lower level is finished – and surprisingly large.  A family room with windows makes this basement space feel like anything but a basement.  The family room is bright and cozy and a perfect spot for a TV or X-Box for the kids.  A bedroom, full bath and laundry are on this level.  Storage space and a few different doors out to the backyard make the space flexible.

Overall – this is a nice house with good bones.  Simple floor plan – with updated kitchen, baths and windows – this is a great starter home – or a great spot to downsize to in the Potomac market.  The yard needs some dressing up – and the home could use a little color – but overall – it seems to be in good shape.  At $629K this home is priced near the top of the market for a home of this style and size.  More likely – it will settle in the $560K range when all is said and done.

Monday, February 20, 2012

12204 Espalier Place - Montgomery Square - $757,000

12204 Espalier Place - Potomac
Listed by ReMax 100

Montgomery Square is a lovely community of single family homes on the North East side of Potomac.  It was built in the mid to late 1960’s and appeals to first time Potomac buyers because of the affordable price point.  Potomac feeds into 3 fantastic high school clusters – which keep families moving to the area.  Most feel that a higher mortgage payment is a better investment than private school tuition.

This house is neat as a pin.  The yard is neatly tended and groomed – and has fantastic curb appeal.  Built by Kettler Brothers in 1968 – this home has been completely updated.  The rooms are tastefully painted and decorated – it is easy to picture your furniture already in place.  The family room has a nice fireplace for chilly winter nights and has a cozy feel.  This kitchen has granite counter tops and really shows nicely. 

There is a glass sun room on the back of the home that can be accessed from the kitchen.  This is a great 3 season room – and will be well utilized by the new owners.  There is a hot tub and brick patio out back – and obvious care and planning has been put into the landscaping.  It looks fantastic.
Upstairs has 5 bedrooms.  2 teen size – 2 kid size and a large master suite.  Hall baths and master baths have all been updated.  As I said earlier – there is nothing left to do!

Although priced at the upper end of the comparables in the neighborhood – all of the renovations here have already been done.   This home shows beautifully and will appeal to most that take the time to see the inside.   Appraisal at full price will be tight – but could work.  More likely – this should sell in the $725K range when all is said and done.

Tuesday, February 14, 2012

11432 Cedar Ridge Drive - Potomac Crest - $849,900

11432 Cedar Ridge Drive - Potomac
Listed by Long and Foster

Potomac Crest is conveniently located near the intersection of Tuckerman Land and Seven Locks Road.  A stones throw from the Cabin John shopping center - it is a fabulous location.

Built in 1995 - these town homes were a perfect fit for those in Potomac that wanted to downsize from Single Family homes but stay in Potomac.  These were upper end town homes with high end finishes and plenty of room.

This town home is at the back end of the community where it is nice and quiet.  An alcove at the front door will keep your visitors dry in the rain.  This has always been a nice feature in the rain.

The foyer has a lovely marble floor and tasteful wallpaper.  A step down to the lower level has a full bath, bedroom and decent sized family room.  Some of these homes are not partitioned off - I think this is the better arrangement as it makes for a great guest room, office or AuPair suite.  A sliding door out to a small slate patio below the main deck is a nice space to escape if you need to get outside.

The floors are terraced in this town home.  You go up a half flight of stairs into the living room area.  A large open space and cathedral ceilings make the room spacious.  A window wall and slider to a TREX deck bring in lots of light.  The wooded view from the deck offers great privacy - and the synthetic deck boards promises no maintenance.

You step up to the dining room level which is open to the Living room.  This open space really gives you the perception of a large room.  The kitchen is towards the front of the home and features a nice breakfast area, and island and space for a small table.  The kitchen is modern and looks great. The Corian counters dates the kitchen to the 1990's - but still looks great.

Upstairs there is a large master suite.  The bath has been beautifully updated and no expense was spared using high quality materials.  Large windows let in plenty of light and 2 closets leave plenty of room for clothing.  The other 2 bedrooms are teen size and the hall bath easily serves both rooms.

This is a great town home and would be perfect for those that want to downsize of someone looking for less yard maintenance.  Great schools - good proximity to commuter routes and the Potomac zip code are all winners.  The price is fair - especially with the upgraded master bath.  Look for it to sell within 60 days within 5% of list price.

Sunday, February 12, 2012

9229 Bentridge Avenue - Fallsreach - $1,149,000

9229 Bentridge Avenue - Potomac
Listed by Long and Foster

Fallsreach is a fabulous neighborhood on the west side of Falls Road.  Built in the late 1970's through early 1980's - this was a "move-up" community for many in the Potomac area in the 60's and 70's.  The homes are solidly constructed and well appointed.  Most have been updated to some extent and as with most neighborhoods in Potomac ~ the schools are fabulous.

This home is tucked in on a pipe stem just off Bentridge Avenue.  The location is off the main street and offers a nice private enclave shared with another home.  There is an enormous amount of open space next to the home that will never be built upon. Although some will be concerned about the high tension wires - others will see it as a guarantee of privacy for the future.

This home was built by Mitchell and Best in 1980.  The owners have recently updated the home with a huge side addition.  You enter into a tile foyer with nicely painted walls and trim.  An extended dining room is to the right and a large family room and fireplace to the left.  Lovely hardwood is laid throughout the first level - including the addition.

The kitchen is HUGE.  Granite and high end appliances with a very large island highlight the kitchen.  Plenty of space for bar stools - and a great spot for a party.  The kitchen extends to a breakfast area that is large enough to fit half of the neighborhood.  Filled with windows - it has great light and pleasant views.

There is a large room behind the garage that is a fabulous office.  This large space would be perfect for a home based business.  It is unexpected space - discretely tucked in behind the garage.  This home is full of surprises.  The addition on the right side of the home is quite large.  Two rooms can be used for purpose you like.  Living room, dining room - larger family room.  Make your choice and furnish appropriately.

Upstairs has 3 large bedrooms and a fabulous extended master suite.  A large master bath with Green marble - extra large shower stall and lots of light will please the most critical of buyers.  Other bedrooms are large enough for teens to stretch out and never complain about space.

The basement is finished - so if you ever need more space - here it is.  The basement has not been updated in a while - but who cares?  More space than you will ever need are on the main levels.

Wow - this home is big!  On a square foot basis it is a steal at the price.  My only concern is will the neighborhood support the value?  It would be the most expensive home sold in Fallsreach ever.  With the power lines and private pipe stem - it may not appeal to all buyers.  I see this one selling for over a million - but where over a million?  Depends upon the market.  Look for this one to settle between $1,025,00 and $1,050,000 when all is said and done.  It may take a while - as many of the million plus buyers are looking for a location closer to Potomac Village.

Friday, February 10, 2012

11514 Gainsborough Road - Regency Estates - $569,000

11514 Gainsborough Road - Potomac
Listed by Long and Foster

Regency Estates is one of the few remaining neighborhoods in Potomac that you can find a single family home for under $600,000. Located between Seven Locks and Falls Road - It is well located for commuters and feeds into the Churchill High cluster - one of the best schools in the Tri-state area.

This community was built in the early 1960's - and most of the homes in the neighborhood have been updated over the years.  This home is a tidy brick rambler that sits on a third of an acre.  It looks like the driveway was just replaced - and the slate walk has recently been re-pointed.  This is always a good sign when walking into a home.

The foyer is shallow - with the door to the kitchen on the immediate right.  The kitchen has been updated with nice tile floor - stainless steel appliances and hardwood cabinets.  There is plenty of room for a kitchen table in front - and the bay window lets in great light.

The foyer continues in to a living room and dining room combo in the back of the home.  Nice hardwood floors - typical of the era - are well maintained and look great.  Neutral paint colors make it easy to picture how your furniture will fit in the open space.

Three large bedrooms and an updated bath round off the upper level.  The master bath has been updated over the years - and look great.  A large stall shower - and newer toilet and sink are contemporary and need not be updated.  Once again - neutral colors - neat and clean make this very attractive.

The lower level is larger than you think.  A large family room leaves plenty of space for TV or toy room.  A bedroom and full bath are perfect for an Au-pair or rebellious teen.  An exit via area way gives easy ingress and egress to this space.  A laundry room and storage finish off the space - and overall - a nice package.

The price? - Anything under $600K for a mostly renovated house is a good price.  This one is priced reasonably and should sell very quickly.  It should probably sell within 5% of list price.  The inventory in this market is low - which bodes well for the seller. 

Tuesday, February 7, 2012

10313 Logan Drive - Heritage Farm - $995,000

10313 Logan Drive - Heritage Farm
Listed by Long and Foster
There are still people out there that are crying the blues that the real estate market is in bad shape.  The lack of inventory in the Potomac market is providing a strong indicator that the market may be on it's way back to normal.

Heritage Farm is one of my favorite neighborhoods in all of Potomac - without regard to price.  It is located within a short walk of Potomac Village - has GREAT schools - and is an easy commute to the Beltway.  Built in the early 1970's - the neighborhood is a mix of original homes and those that have been updated.

This brick colonial on Logan Drive is lovely.  It has been updated by the current owners - and a significant addition has been added to the rear of the home to enlarge the kitchen and family room.

The home is set up on a knoll - and seems nicely maintained on the exterior.  A slate walk brings you to the main entry and into a hardwood foyer.  To your left is a step down office which is typical for this model.  To your right is a large living room with large windows that allow in plenty of light.  The dining room is adjacent.  It is decent size and has a convenient entry to the kitchen area.

The kitchen has been completely redone.  Stainless and granite - with good quality cabinets and thoughtful lighting.  The extension increases the size of the room dramatically.  A large space for a family size breakfast table opens into a large family room with masonry fireplace.  Wide open - this will appeal to those that entertain and those that have kids.  You would never be more than a few steps away from your guests or little ones.  A laundry room is just off the family room - isolated from the public space - and en-route to the 2 car garage.

The upstairs has also been updated.  The master bedroom is a step down and features 2 full baths.  One is more elaborate than the other - but certainly will work well for those that fight over bathroom space in homes of this size.  Another 3 teen size bedrooms are on the right side of the home and the hall bath serving them has been nicely updated.  Overall - lovely space for sleeping upstairs and lovely space for living downstairs.

The basement is a "Half" basement. - crawl space under part of the home and finished nicely on the other side.  There is plenty of room for storage - a full bath - and place for a kitchenette should you need a live in nanny.  The space feels good - and has been well thought out.

The downsides?  Not much to complain about in this home.  The backyard is fully fenced - but the bump out  of the living area limits the usable space.  A decent size lot - but there is an uphill that takes away from the usable portion of the lot.  This may be a perfect setup for a large ground level deck.  The new owners can get creative once they figure how they will need the space.

I think this is priced well.  It was smart to market at below the $1mm mark.  This is not one of the larger models in the community - but the bump out and upgrades will allow it to stand toe to toe with all comers.  I like this house - and I love the neighborhood.  Look for this to sell in the $940K range when all is said and done.