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Showing posts with label Potomac Secret Agent. Show all posts
Showing posts with label Potomac Secret Agent. Show all posts

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
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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.

Thursday, January 26, 2012

Speed Cameras... Safety or REVENUE?

KUDOS! to Geoff Tracy.....


It was just over two years ago that a speed camera snapped my photo on Route 28 and Seneca Road in North Potomac.  I was travelling 40 miles an hour - at 1am.


Anyone that travels that road knows that it is a high volume and speed roadway which lends itself to higher speeds.  I have long claimed that for Montgomery County and other jurisdictions, this is less about safety and more about revenue generation.


Geoff Tracy - Celebrity Chef
I was thrilled to see Jeff Tracy on the news last night protesting the speed cameras that have been snapping pics of cars on Foxhall Road near his home at an alarming rate.  


He is set to hire someone to hold a warning sign that will give potential speed camera victims a heads up and a chance to slow down.  I love the fact that he is willing to put his money where his mouth is, and stand up for what he believes is an unfair money maker for the District.


Today I am going to try and save Geoff some money - and provide signs for this camera location to give drivers some warning.  I hope to save at least a few people  a ticket - and stand in solidarity with one of D.C.'s great chefs - and speed camera opponent.


Please share this post if you agree - let's get Geoff and this issue some attention!

Sunday, September 25, 2011

7846 Oracle Place - Bells Mill Springs - $599,950

Listed by Long and Foster

Bells Mill Springs is a community of upscale town homes built in the early 1990's. Most are brick veneer with a one car garage underneath. This home has the main living level on the second floor with steps going from the ground level to the foyer.

The foyer is a few steps down from the main living level and is done in ceramic tile. There is a coat closet conveniently adjacent - with two steps up to the main floor.

There is hardwood throughout the first level - and it has been freshly refinished. The kitchen too has hardwood - which gleams from light streaming in from a large bay window in front of the home. The kitchen has been upgraded with new granite over top of original cabinets. I am not a big fan of these partial refinishes - but it looks fine here.

The dining room is in the middle of the town home and there is a step down to the family room and fireplace in the back. A slider takes you out to a small deck and yard in the rear.

Upstairs is carpeted with 2 bedrooms. tow of the bedrooms are teen size and the master is good size. The master and hall baths are somewhat dated - but there would be no urgency to refinish. Green Marble tile must have been the rage when this community was built - as it is installed in the bathrooms and powder room on the main level.

The basement is finished in carpet. There is a laundry area - powder room and garage down here. There is also a family room for TV or playroom for the kids.

The last unit to sell in this community was a nice end unit - which was 400 square feet larger with a 2 car garage. This settled at $617,500. I see this one settling in the range of $575-590K.

Monday, September 19, 2011

9737 Pleasant Gate Lane - Avenel - $429,000

Listed by ReMax 2000

Avanel is an upscale planned community between Falls Road and Persimmon Tree Road in Potomac. Developed by Natelli Communities, it was built out by five or six builders through the 1990’s. It is a lovely, well maintained community, with all the amenities one would expect in a high end neighborhood.

There is a mix of housing here. Town homes, patio homes, single family homes and mansions are all part of the mix. The grounds and laws are all professionally maintained by an outside company – so the community always looks manicured. A strict association assures that homes are properly maintained which adds to the value of the community.

Montgomery County – when approving these large communities – forced builders to set aside a portion of the community for “affordable housing”. They called these units MPDU’s (Moderately Priced Dwelling Units). These homes were generally smaller then the surrounding homes with far fewer amenities than most homes in the community. This home is a former MPDU.

Pleasant Gate is located just off Oaklyn Drive in the middle of the Avenel community. The restriction on selling these former MPDU units long ago expired, so these homes can be sold without restriction – at whatever the market will dictate. These brick homes are similar to Cape Cod style homes without the dormers. There are generally one bedroom and a full bath on the main level with 2 additional bedrooms and a full bath upstairs. There are basements – and many have been finished over the past 20 years by homeowners.

The front door has a storm door which needs repair. The interior of the home has PERGO style laminate floors throughout the first floor. The bathrooms are original – but are in decent shape. The kitchen is original with laminate counter tops and builder grade appliances. There is a door in the kitchen to the exterior – a nice alternate egress to the yard or grill outside.

The laminate flooring in some rooms has been replaced with similar grade laminate – but not matching laminate. The walls could use a coat of paint and the home needs to be aired out. The AIRWICK solid air fresheners in various locations throughout the home are not quite the same as getting a little fresh air.

The basement is unfinished and looks as though there may have been some flooding in the past. The carpet on the stairs has been removed, and there is a noticeable scent of mildew or mold. A humidifier has been placed in the basement running full time to try and dry it out. There seems to be a rough-in for a full bath here. This is a big plus for someone looking for a bit more living space in these homes.


Overall - this home has great potential for someone wanting to get into Potomac schools at a Gaithersburg price. There is outdoor parking for 2 cars, and the community fee is a reasonable $273 per month. This property is bank owned - and in a great location. I think this is a great opportunity for an investor as there is a real shortage of rental properties in Potomac. This would rent for $2600 a month. If you could get this for $400K - that would be close to a 6-7% return on investment. Look for this one to settle between $400 and $410K.

Thursday, September 15, 2011

12712 Lincolnshire Drive - Potomac Commons - $725,000


Listed by ReMax

I was e-mailed by a reader and asked why I often clump together listings from the same or adjacent neighborhoods. The short answer is because I am looking in these neighborhoods with clients. Believe it or not folks - I don't make a living by doing home reviews. I am an active agent touring folks through Potomac homes every week.

This home is in Potomac Commons - which is behind Hadley's Park - off Falls Road. Lincolnshire is a nice street which connects Falls Chapel Way with North Commons Way. The homes here are nicely maintained - and I have come to meet many people that grew up on this street.

This home has great curb appeal The colonial has stately columns and a nice open front yard. The overhang from the roof keeps visitors dry while waiting to enter the front door. The brick front is in great shape - but once you enter - you realize there is some work to be done to bring this home up to date.

The foyer is a dark slate and original to many of the homes in Potomac Commons. While it is often replaced, it can also work well with a modern decor. The first thing you notice in this home is the grand staircase that curves up to the second level. While the colors and carpet may be dated, it only takes a modern color palate and some new carpet to make this look grand once again. Dramatic entries never go out of style.

The living room and dining room both have hardwood floors and crown moulding. The size is typical for the style and age of the home, and although not large - they are adequate for today. The family room also has hardwood with a large masonry fireplace on the back wall. The paneling and cosmetic beams on the ceiling give away the age of this home, but are easily removed and replaced with drywall. This would dramatically update the look and make the room seem bigger.

The kitchen is dated and will need updating. The old dark cabinets and florescent lighting should be replaced and will make the kitchen look larger and brighter.

Going upstairs there are 2 teen size bedrooms and a good size master. These rooms all have hardwood floors and adequate closets. The decor and baths need updating, but the results should be worth it.

The basement is a blast from the past. Paneling and decor from the 70's bring me back to my childhood.

This home has great bones and is in a great neighborhood. Good schools, convenient access to shopping, work and play - what is not to like? This home is priced right - and should sell quickly. This should sell within a few percent of the asking price - and will be a good investment for the buyers. $25,000 of cosmetic updates should get them $50,000 in equity.

Wednesday, September 7, 2011

9416 Copenhaver Drive - Copenhaver - $659,900




Listed By Rosselle Realty Services

Potomac has the reputation of being an affluent suburb of Washington, D.C. Many of my buyers are surprised to hear that some of the homes here are short sales and foreclosures. The difficulties of the economy over the past few years has hit everyone hard. Potomac has not been excluded from the pain.

This home is located in the Copenhaver community. Copenhaver is on the Northwest side of Falls Road and is a lovely community of single family homes. Home of Cold Spring Elementary - this is a sought after community because of the gifted and talented program based there. It is also conveniently located close to all Potomac has to offer.

This home is a foreclosure and needs some TLC. The home has 4 bedrooms and 2 full baths on the main level. Built in 1973 - it has somewhat of a contemporary - open feel.

The main entrance has hardwood throughout the family room and kitchen. In decent condition - it shows well in the broad open family room. The kitchen is off on the right side - and has been updated in the past. Granite counter tops and updated fixtures can use some design help to make the kitchen more open. A large breakfast area and signature large brick fireplace is one of the best features of this model.

The bedrooms are quite dated. The carpet is old and worn and will need replacement. Some of the rooms have been poorly painted - and do not show well. One of the bedrooms has been converted to an office - and is a good fit for a buyer that does not need the additional sleeping quarters.

The basement is finished in wood panelling. The look is dated, but new paint technology allows paint to adhere to the panelling for a inexpensive updated look - and brightened impression. A full size brick bar takes up a large corner of the room. With a new counter top this could be impressive. Those that want to remove the bar are in for some backbreaking work. This is REAL brick!.

A laundry area is hidden in the back corner of the basement in an unfinished corridor. The home has been french drained and the in-ground basement smelled dry.

The yard is a bit overgrown - which is not unusual with bank owned property. With some time and money - the yard can be brought back to its original glory.

This home has good bones and would be a great project for someone looking to get into Potomac at a reasonable price point. The last few homes that sold of this model were in significantly better condition. This one has been priced to reflect this - and could end up being a good value. The bank may look at offers of significantly less than list price if contingencies are limited. Someone willing to take the time and effort (and cash) to update this home will be rewarded in the future. A cash offer could possibly get this home at it's assessed value of $633,880.


Thursday, September 1, 2011

Churchill High School - AP Accolades

Confirmation of why I moved to Potomac to educate my children !

When I was in high school - taking an AP (Advanced Placement Exam) was reserved for those kids that took advanced classes and excelled in accelerated academic programs. Although I do not remember the exact numbers - I believe that less than 25 students sat for the AP tests my senior year - and approximately 70 percent received scores of 3 or higher.

I was stunned to read that 1060 students took one OR MORE advanced placement courses at Churchill. The amazing fact is over 90% of these students received scores of 3 or higher. This score potentially qualifies them for college credit. AMAZING!

It is not just upper grades that are taking these classes. Completing AP coursework for some students starts in Sophomore year. Many Sophomores will be taking as many as 3 AP exams this spring. A grade of 3 or higher on the exam may make get the student University credit while in high school.

There are some students leaving Churchill High School with the equivalent of 30 college credits. With the average cost of college rising each year - there is a significant potential savings for these kids as they may place out of a full year of university.

Yes, I am one of the parents that was drawn to Potomac because of the schools. It was worth paying a significant premium to move here in order to enroll my children in some of the best schools in the country. This data regarding the success of Churchill High School - and Montgomery County schools in general is just a confirmation that my family and all other families with children here made the right decision.

You can read the full article regarding the AP results in this article in the PotomacPatch. Click through for all the details.

Friday, February 11, 2011

10409 Garden Way - Williamsburg Gardens - $849,900

Listed by L&F

Google Map Here

FORECLOSURES? In Potomac? In MY neighborhood?

YES. YES and YES. It is happening everywhere and very few areas are insulated from the economic problems that have plagued the US for the past 4 years. Expensive neighborhoods are no less susceptible than lower priced neighborhoods during this crisis. In the interest of full disclosure, I live a few blocks away.

This home is at the corner of Garden Way and Falls Road. It is a short walk to Potomac Village, and is situated on a half acre. The home is sited sideways on the lot - so the back yard is narrow with lots of room on the sides of the home. The driveway is large and can easily fit 4 cars in addition to the garage.

The home has a brick front, brick stoop and huge columns in front. The columns are a little overdone for my taste - but are not out of place. The landscape and outside can use a little TLC - but has some potential to look good with a little work.

The interior has a shallow foyer with ceramic tile. The mirrored dining room is to the left and a formal living room to the right. Both of these rooms have nice hardwood floors.

The ceramic continues through to the kitchen - which is nicely updated with white cabinets and granite. A gas range on the island is a nice touch - and a bright breakfast area has doors out to a raised deck in the back. The family room is nice with high ceilings and a lovely fireplace. Another set of French doors brings you out to the deck. This would be nice for circulation during parties. A powder room, laundry room and garage finished off the first level - and so far - so good.

Going upstairs you could see water damage on the ceiling in a few spots. The bank has done what it can to limit the damage - but certainly the drywall will have to be repaired in a few spots. The Master bedroom is a good size with a large master bath. The fixtures are a bit dated, but that is an easy fix. There is a separate room with a commode that has a skylight and shower. There is mold or mildew throughout this area. A large walk in closet is shelved out - but could be used more efficiently with additional shelving to make better use of the limited space.

There are 3 other teen size bedrooms on the upper floor. All of them are in decent shape - there is some minor drywall and painting work from damage around where curtains and ceiling lights previously existed. A hall bath is large and would be plenty of space for the teens in residence on this floor.

The basement door opened - and you can see where carpet has been removed from the stairwell and floors. Water damage is minimal and the space downstairs is nicely apportioned. A nanny suite with full bath and plenty of room for the family and home theater exists down here. A walk out door to the yard provides some light - and the space here works just fine. A bit of paint, drywall repair and nice carpet will make the world of difference down here.

Overall - this is a decent house on an OK lot. The neighborhood and location are blue chip. The schools are blue chip. It may be a great opportunity for someone to move to this side of Potomac for a great price. The home will need at least $20K to repair and paint and carpet. If the house was brought up to date and looked fabulous - it would sell in the $900K to $930K range. I see this selling at close to asking price within 45 days.

Tuesday, February 8, 2011

7849 Coddle Harbor Lane - Inverness Knolls - $267,000

Listed by Best Address RE

Google Map Here

Who knew there were 2 bedroom condos in Inverness Knolls? It was tough to find this unit, as it is behind and underneath town homes from the street. There is a whole line of these rear units that are set up as 2BR condos.

The walk around back to find this unit is interesting. There seems to be a lot of personality on the outside of the other units along the walk. Some over the top gardening and decor had me wondering if there was really a condo association that kept a reign on what the place looks like.

The condo has a small fenced front entry with a swinging gate in front. The unit is not unattractive with a lovely brick and siding veneer. The front door is freshly painted red, foreshadowing a complete rehab inside.

This small 744 square foot unit was completely gutted. A combo Kitchen, family room and breakfast area takes up the front of the condo. New wood floors and an attractive stainless and granite kitchen look great. There is decent light, even with the dense woods in front of the unit.

The 2 bedrooms are very small. I wondered if it would be better to consolidate the two rooms into one. The bathroom is small, but completely redone as well. Looks nice!

This is a nice, albeit small, two bedroom condo. I am not a fan of the physical location of the unit, but the community location is great. At $267,000 they are pretty close to market price. An identical unit sold for just over $360K early last year after concessions were paid.

I think the seller has done their research and has this priced properly. It should sell somewhere above $360K based upon previous sales. If the right person sees this unit - it could go for full price. See my review on the unit that sold early last year by clicking HERE.

Wednesday, February 2, 2011

10129 Colebrook Avenue - Bedfordshire - $780,000

Listed by WC & AN Miller

Google Map Here

This partial brick colonial home is located in Bedfordshire - a lovely community in the Winston Churchill School Cluster. Because of its close in location and blue ribbon schools - this community is always in demand for both first time and move up buyers. Many of the homes in this community have been upgraded beautifully. Homes that are original are also sought after so the new owners can put their personal stamp on the property. Driving through - you will always see homes in various stages of renovation.

You enter this home into a small foyer with beige octagonal tile. There is a living room to the left and family room to the right - both with hardwood floors. The kitchen is in the rear of the home - and has been nicely upgraded with green granite and updated black appliances. There is a lovely tile back splash in the kitchen that really looks great. Nice job by the previous owners.

A dining room abuts the kitchen on the left side with a nice window looking out into the yard. On the other side of the kitchen is a laundry area and mud room that leads out to the two car garage. There is a large deck out back which will be a great spot for sharing a beer or glass of wine on cool summer nights.

The stairwell upstairs leads to a narrow foyer, typical of homes of the time. The master bedroom is decent size with an original master bath. The white and yellow tile is a blast from the past. Although functional - many new homeowners will want to update the master in short order.

The basement is finished with carpet and is nice an open. A large granite bar is a bit out of place, but I am sure a welcome addition during a party. An side room would be a great place for a large screen TV and surround sound. The space is dated, but does have a lot of potential. Additional storage separate from the finished space is a great asset for a home of this size.

Overall this is a nice home with good structure. It will need some work - but the downstairs "public" area is in nice condition. The baths upstairs, and updating the basement can be done when funds allow it, and will be out of site of company while being done. In my opinion it is a bit aggressively priced at $780,000. Based upon other sales in the area and condition - this should sell somewhere in the $720,000 to $735,000 range.

Friday, January 28, 2011

11404 Falls Road - Bedfordshire - $1,299,000

http://maps.google.com/maps?hl=en&q=11404+Falls+Road&ie=UTF8&hq=&hnear=11404+Falls+Rd,+Potomac,+Montgomery,+Maryland+20854&gl=us&sqi=2&z=16Listed by L&F

Google Map Here

There is no lack of new construction in Potomac. Especially in the upper brackets. Finding new homes closer in is a more difficult task. Under $1.3mm? Very tough.

These three lots are tucked in between Har Shalom Synagogue and Falls Road Golf course. This pipestem of three lots in adjacent to, and face the fire station on Falls Road.

The home has nice curb appeal from Falls Road - with a brick front and Colonial styling so beloved in Potomac. The half acre lot is nicely graded with a nice front lawn and a bermed side yard to cut down noise from busy Falls Road.

The foyer is spacious and open with a lovely curved stairwell open to the second floor. The shiny wood floor is expansive - and when the house is vacant - makes the space look HUGE. The Living room is to the right with pretty crown mouldings and tasteful paint. A library with french doors is to the right - perfect for a home office or listening room. A mud room leads out to the 3 car garage and powder room compete the front of the home. The kitchen is center and back - and is a splendid view from the foyer. Granite and tasteful tile backsplash grabs your attention. A full outfit of GE Monogram appliances is a nice accent in this state of the art kitchen. A breakfast room with windows on three sides is a great place for coffee and the newspaper on lazy Sunday mornings.

The family room is adjacent and open to the kitchen. What a great entertaining space! High ceilings and a gas fireplace will make this room a family favorite. Even the largest furniture will fit in this space without issue.

You can head upstairs via the back stairwell to the living area. A MBR suite starts with a nice sitting room. You enter into the bedroom which is perfect sized. So many homes in Potomac have lost "balance" in their scale. This one has it down pat. The master bath is large enough to please the most discriminating bathroom nut. Dual walk in closets finish the space. All the remaining bedrooms are large. Two share a buddy bath and the last has it's own full bath en-suite. There is also a large space in the hall upstairs for "gathering". Think of a great spot for a couch or comfy chair and reading lamp. A great spot for a gaggle of teen girls to sit and gossip or have a study circle. It can also be walled off easily for a 5th bedroom.

The basement is fully finished with berber carpet. A large Nanny suite, a home theatre room and a large play room make good use of the space. A large and wide walk out - areaway - leads to the backyard and supplies good natural light.

So what do I think of this home? I like it. For those that want new construction - it is a must see. For those that don't care as much about new - well - there may be better values to see. $1.3mm is not super expensive by Potomac standards - but will still buy you a lot of house. Some NICE homes too.

The only down side to this lot is the location along Falls Road and proximity to the fire station. Noise will be a factor on the outside of the home. I did not hear a lot inside. Overall - I give this home high marks. It should sell for close to list price.

Monday, January 17, 2011

9426 Thrush Lane - Williamsburg Gardens - $1,195,000

Listed By Maryland REO

Google Map Here


Williamsburg Gardens is a lovely community of single family homes southwest of Potomac Village just off Falls Road. Built in the early 1960’s – this neighborhood has been a fantastic place to live for generations. Many kids that grew up here are bringing their families back to have the same wonderful experience. You can see the ongoing renovation projects all through the neighborhood as owners bring their homes up to date.

This is a larger Rambler built on a concrete slab. There is no basement – so the rooms tend to “ramble” over the lot. This has plenty of space. Tax records show just over 4000 square feet. It has been added onto over the years, and is still pretty much up to date with modern kitchen and baths.

The home was sold to the current owners in December of 2006 for $1,059,000. Although this was not the height of the market – prices were still somewhat inflated. The owners put quite a bit of work into the exterior of the property. Extensive professional landscaping and fencing made a bit difference in how it looks. A large circular driveway makes it easy to get to the front entry – and has room for quite a few cars.

The foyer is central and is floored in colored slate that was typical in the early 1960’s. The dining room is to the immediate right side which you must pass through to get to the updated kitchen. The white cabinets and tile countertop are showing their age – but still look good. The original garage was adjacent to the kitchen and was probably one car. This space has been opened up to the kitchen giving it more of an open, modern feel. It was used in the past for an office and family room. A counter overhangs into this room from the kitchen – and would be the typical place for guests to chat while entertaining.

There is a large 2 car garage just off this room with an entry door. This is a nice way to bring in the groceries after shopping in the village. A laundry area is on the back side of the kitchen. This room is open and has shelving, storage and a place to fold laundry.

The living area on the right side of the home has a large living room off the foyer. A bedroom and updated bath could be used as a master bedroom. There is a fireplace at the bedroom entry and a sitting area as well. The baths were updated at some point in the recent past – but are a little dated. A bit of updated hardware and fresh paint could bring them right back up to speed. No need for renovation. Another smaller bedroom is adjacent to this large bedroom.

The back side of the house has a full hall bath – with interesting stand up bath – probably at one time used for an elderly resident. It was probably expensive to install – but won’t be to everyone’s taste. A second large bedroom and bath could be a second master suite or nice guest suite. There is much more room in this house than meets the eye.

A family room or open library is tucked in between the front and back bedroom areas. Sliders give you access to patio area in the back yard.

The interesting and unusual feature to this house is an addition on the back that houses an indoor pool. It is not a wading pool, but a lap pool. When turned on the pool generates a current that you swim into. You literally “swim in place” to get in your daily exercise. This is a great feature for someone that loves to swim – and an expensive add on to a home.

Overall – this is a nice home. The corner lot has been beautifully landscaped and it would not take much to update the kitchen and baths to the current decade. When they put this home on the market at $1,300,000 early last year – I assumed that it was gutted and brought up to date. This is not the case.

Although I would like nothing more than to see this home sell at full price – I don’t believe it will. At this point – I must disclose that I live in the neighborhood. Other homes have sold here – with the same or more square footage, for less money. This is more likely to sell closer to the county assessed value than list price. Until they bring the list price closer to this number I believe this home will languish on the market. My guess is it will settle at $1,065,000


Wednesday, January 12, 2011

7631 Coddle Harbor Lane - Inverness Knolls - $579,000


Listed by L&F


Google Map Here

Inverness Knolls is a lovely community of townhomes tucked in behind the Cabin John Shopping Center. Built in the late 1970's - these townhomes are all brick on the exterior and have really held up well. In the Churchill H.S. Cluster - this is a great starting point for families with school age kids.

This is one of the larger townhomes in the community. An end unit of a townhome group - this home has 1946 finished square feet of living area. Three bedrooms and two full baths upstairs and an additional full bath in the basement.

The home has been recently renovated. You walk into the foyer and the first thing you will notice is a wide expanse of dark hardwood flooring. The flooring has been installed throughout the top two levels and lends a rich look to the space. The kitchen is to the right side as you enter. Recently renovated - new appliances and granite countertops will please the most discriminating home cook. A large breakfast area with a bay window will accommodate a real kitchen table with space for six.

The back of the home has a large deck and small fenced yard. Beyond the fence is common area that backs to the Cabin John Regional Park. It is like having your own nature preserve in your back yard.

The basement is fully finished and has great open space. A fireplace, full bath, nanny bedroom and utility room are nicely meted out in a very efficent manner. This is one of the few townhomes I have seen that have basement space so well suited for a family or TV room.

Overall - this is a great home in a great community. Priced at $579,000 it is a great value. This was under contract before and the financing fell through. If you are looking at this price point in Potomac - put this home on your short list. I see this one settling at $569,000.

Sunday, September 5, 2010

2 Beall Springs Court - Beallmount - $1,095,000

Listed by Evers & Co.

Google Map Here

This is a lovely neighborhood about 5 miles outside of Potomac Village just off River Road. Built by Gosnell in the mid-1980's, these homes are quality built on mostly 2 acre lots.

This home is located at the end of the court on a lovely landscaped lot. All brick and well maintained, this house has nice curb appeal and plenty of room for a family.

A huge oak shades you from the sun as you walk to the frond door. A large hardwood foyer brings you into a formal space to welcome guests. A library and dining area are adjacent and are nice size and scale. The decor is a little stale, but some paint and color will bring these spaces right into place. The kitchen has been nicely renovated with granite and updated appliances. There is space for a large kitchen table with room to spare. A slider to a deck overlooks a pool and large, lovely lawn. The family room has a brick fireplace centered on the side wall with built in cabinets on both sides. There is a door in this room as well to allow access to the back yard and deck.

Upstairs has hardwood throughout which is a nice touch for an '80's home. The 4 bedrooms are large and the 2 baths serving them original. The master is large and the updated master bath and sitting area is nicely done. There is plenty of living space on this level for everyone.

The basement is fully finished with plenty of light. A wide area way takes you straight out the side of the home and provides easy access for large furnishings. A full bath here is original but perfectly suited to support a nanny suite on this level. A workroom and storage finished off the basement area.

This is a nice home in a lovely neighborhood. The price is right on this home - the neighboring home sold for $1.45 during the height of the market. Although this may need some decorating help - paint is cheap. Most of the hard and expensive stuff is already done. This home has been reduced $100K to generate interest. I think once folks get back into the buying mode in September - this should sell within a few percent of the asking price.