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Showing posts with label 2507 Chilham Place Potomac. Show all posts
Showing posts with label 2507 Chilham Place Potomac. Show all posts

Sunday, February 1, 2009

2507 Chilham Place - Montgomery Square - $619,000

Listed by Long and Foster

Google Map Here

This is a nice Kettler built colonial with great curb appeal in Montgomery Square.

Montgomery Square is a neighborhood under renovation. A new generation is moving in and updating the homes. The schools and affordable homes are a big draw to those who want the 20854 zip code on budget.

This home has been brought up to date with nice upgrades to the baths and kitchen. The bath tile and creative colors are going to be attractive to those with kids. Based upon the traffic at open houses these past few weekends, it seems like ALL the buyers were families with kids.

The basement has been finished and has a full bath. The newer carpet makes the area look bright, but the storage room is narrow and scary and should be decluttered.

The location of this home is only about 100 yards from Falls Road. The backyard is fenced to keep the kiddies in, and safe. Although these is some noise associated with Falls Road, I did not hear any while inside the home.

This home seems to be priced a bit high. It is new to the market, so sometimes the initial price may be a bit high while testing the waters. The home immediately across the street is a bit smaller and not as nice. It was sold about 3 weeks ago and just settled for a net price of $525,000.

This last sale may make it tough to get above $600K for this home. Although this house is a bit nicer and maybe a bit larger, it is not $94,000 better. Either the buyer of the recent sale stole the home, or these folks will have to settle for $560K.