9629 Accord Drive - Concord - $975,000

Listed by WC & AN Miller

Google Map Here

Concord is a neighborhood on the left side of River Road as you approach Potomac Village from the Beltway. Just after the speed cameras, Accord Drive is on the left - a quick walk to The Village.

Homes here do not turn over often. Most are about 50 years old. There is a mix of colonials, splits and split foyers. Many homes in the community have been updated - some beautifully.

This home is a split level on just over 3/4 acre. The home is showing its age. The exterior and landscape need some urgent care and it seems the home is being marketed as a tear down for a lot as opposed to a renovation.

The home seems solidly built with hardwood floors throughout. The living room and dining room are on the small side - typical of splits built in the late 50's and early 60's. The kitchen is small with a view of the back yard. The bedrooms upstairs are teen size with a smaller Master Suite.

The lower level has a large Family room with fireplace. A full bath, laundry area and one car garage finish out this level. There is a basement which is unfinished with plenty of room for storage. There is a side exit door as well on the lower level. On the exterior at this exit is a greenhouse attached to the side of the home.

This is obviously an estate. The home is not yet cleared out with loads of boxes and possessions throughout the home. It seems to be mid-way through clean out. Because of this it does not show very well and needs to be thoroughly cleaned.

This home has LOCATION on its side. Close to Potomac Village, great Potomac Elementary and Churchill School Cluster and nice neighborhood all are positives. Although marketed as a knock-down, this is better suited as a re-hab. With $150K of work, and the potential of expansion, this home can be given new life. The price is unrealistic at this point for either a knock down OR re-hab. It will have to come down quite a bit to be attractive as either.

At the current price this home will linger for a long time in this market. It has already been on the market for 8 months without a reduction in price. A larger home sold down the street with renovations done at just under $900K with a much larger lot. I think this home becomes attractive at well under $800K.

9601 Accord Drive - Concord - $995,000

Listed by Long and Foster

Google Map Here

I brought some prospects to see this home late last year and it did not show well. It was withdrawn and showed up again on the market in late April at a reduced price. I decided to take a look at it again.

Accord Drive is a quiet street that is easily missed. Connecting River Road on one end, and a quiet Hall Road on the other, this street has a mix of old and new. This home is located on 1.16 acres with a large back yard. The home was built in 1960 and has just been updated. The kitchen has been completely redone and all of the old windows have been replaced. A fresh coat of paint, a thorough cleaning and some yard cleanup goes a long way to make a home look good.

I was pleasantly surprised to see all of the work done on this property. It has been dramatically improved since late last year and the price reduced. It leads me to believe the owners truly understand what needs to be done to get a home sold in this challenging market. Kudos to the agent as well. Pricing this home below $1mm is aggressive and smart. With the improvements on this home it should not last long, even in this market.

This home has an unusual floor plan. The front door takes you into a small foyer. Immediately to your left is the kitchen, and to the right a stairway to the basement. The dining room and family room are good size with a view of the backyard and pool. The windows let in plenty of natural light which enhance the refinished floors.

The upstairs has 3 smallish bedrooms and a decent size master suite. The baths have been upgraded and bedrooms are ready for occupants. The basement has a home theatre that I initially thought conveyed with the home but does not. Any offer should be sure to request the home theatre as part of the sale. A new full bath and decent size bedroom would be great Nanny or teen quarters. There is a funky smell in the basement. I am not sure if it is from moisture or possibly smoke from the previous resident.

This home is now priced well in this market. This home is convenient to the village (short walk)and part of the Churchill cluster. Anyone looking in this area that wants some acreage should put this home on their list to see. This should settle in the neighborhood of $950K to $975K once sold.