Winter Buyer? = Smart Move

There are a number of reasons why focusing your search in the winter months can be an excellent strategy.

1. You can save some $$. Sellers are more forgiving in the winter months. Yup, deals can be had mostly because sellers are exhausted from lingering on the market and are finally willing to bend some on their pricing. Per Zillow, those who buy a home during the peak selling months usually pay a premium of $1,500, but those who purchase homes in the off months paid $3,100 less than average.

2. Less competition. If you are moving within the same school district, or, if schools aren’t an issue, buying in the winter can do away with some of the competition. A lot of buyers time their search to the school calendar which is why the Spring market is always so busy.  Eliminate that criteria and you’ll have opportunities in every season. Lots of folks get distracted from their house hunting during the holidays, so November-January can be great months for serious buyers.

3. You are the star! Most real estate agents, mortgage brokers and settlement attorneys slow down during the holidays, meaning you will be the focus of all their attention. It’s your chance to be the only child. Embrace it!

4. Less to choose from. You would think that this is a bad thing, but some buyers are overwhelmed by all the offerings. If this is your M.O., then the winter market is for you!

If you’re in the market for a (winter) home, give us a call… we can help!

Tax Reform for Homeowners

Now that the House and Senate have passed their own versions of tax reform, homeowners are wondering what’s next?  There’s no reason to panic just yet because we don’t know which version will be adopted. Furthermore, the majority of mortgage interest deductions won’t be affected anyway since the majority of mortgages are under $500,000. For the higher priced areas we certainly hope that the Senate version will prevail.

Here’s a breakdown on the legislation:

Deductions Senate Version  House Version
Capital Gains Exclusion Owner must have lived in the property for 5 of the last 8 years Same
Property Taxes Deduction limited to $10,000 Same
Mortgage Interest Deductions on loans up to $1-million Deductions on loans up to $500,000
State & Local Taxes Not deductible Same
Second Home Mortgages Not deductible Same
Moving Expenses Not deductible Same
Home Equity Line of Credit Not deductible Same
Interest on Student Loans Not deductible Same

The next step is for both sides to come to an agreement on a final bill. And then that bill needs to be voted on. It’s not too late to make your voice heard. Let your congress member know what you’re thinking! Click here for an easy way to contact them.

East Bethesda Homes for Sale 12/1/17

Happy December!  Can you believe this weather?! For those of you eagerly awaiting their East Bethesda update (now housed here–no pun intended), here we go: This week brings one new listing and two price reductions. The market should slow further down over the next 3-4 weeks as many sellers take a time-out for the holidays. We can expect it to pick up again soon after the new year, weather allowing.  All in all, while the market has been making steady gains, it’s considered slow given the uptick in the stock market and strong job growth. I’m guessing some buyers are holding off given the uncertainty with the tax plan (which may or may not be soon resolved). Even more buyers, however, are frustrated with the current lack of properties to choose from. So if you are a potential seller considering a holiday launch, this might be a great opportunity!

To see all homes currently for sale in East Bethesda, and to find out why we’re so fond of East Bethesda, scroll down in the box below:

 

Recent East Bethesda Sales Closing Date Original List Price Sold Price Subsidy
4617 Glenbrook Parkway 9/8/17 $649,000 $661,000
4613 Sleaford Road 9/25/17 $1,729,000 $1,627,000
8641 Terrace Garden Way 9/27/17 $1,350,000 $1,050,000
8201 Tilbury Street 10/2/17 $899,000 $840,000
4628 Chestnut Street 10/12/17 $1,395,000 $1,375,000 $6,750
4525 Sleaford Road 10/13/17 $1,149,000 $1,104,500 $4,000
4616 North Chelsea Lane 10/27/17 $835,000 $835,000

 

If you like East Bethesda, you might enjoy reading some of my other posts:

2017 East Bethesda Home Sales

Top 10 Reasons to Live in East Bethesda

B-CC Cluster Schools

Walk to Bethesda Metro & Walk to NIH/Medical Center Metro

 

Looking to buy or sell? Click here.

(East Bethesda home depicted above not currently for sale.)

East Bethesda MD 20814 Homes for Sale 11/24/17

Well, Thanksgiving madness got in the way of my usual Friday post. Please forgive me!  No new East Bethesda listings. None under contract this week. One price reduction. You didn’t miss any open houses. Happy belated Thanksgiving!

All the homes in this article are currently for sale in East Bethesda. The top of the list features the newest listings while the bottom showcases those that have been on the market for quite some time. I’ll be posting updates every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming.

Why East Bethesda? I (Marcie) have lived in East Bethesda since 1995 and I’ve sold real estate in East Bethesda since 1999. It’s a wonderful neighborhood within walking distance of Bethesda Metro AND NIH/Walter Reed. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

4605 Glenbrook Parkway, $1,375,000
5BR/4.5BAs. Built in 2004. Lot’s of space. Open kitchen. Finished basement with home theater and wet bar. Level yard. 1-car attached garage. Recent $75K price reduction. Listed with Coldwell Banker. Days on Market: 36
4602 Chase Avenue, $1,472,724
New construction home by Paramount. Many models to choose from. Price depends on size and finishes. Listed with Rory S. Coakley Realty, Inc. Days on Market: 36
4627 Chestnut Street, $1,899,900
2017 construction. 6BR/5.1BA. Sits on a 6,000 s.f. lot. Awfully convenient to Harris Teeter and metro. Nice deck and covered front porch. 200 s.f. larger than the one next door. Listed with Wydler Bros. Days on Market: 43
4621 Chestnut Street, $1,849,000
New construction with 6BR/5.1BA. Lots of space in neutral gray tones. Big basement. Fancy kitchen. Love the tile in the master bath. Unusually wide house. Interesting staircase… I like it! Listed with Wydler Bros. Days on Market: 63
4509 Gladwyne Drive, $815,000
Try to ignore the exterior paint colors, which are fun, but maybe a bit buyer specific. On the inside you’ll find an updated and quite modern setting with a cool stairway, interesting bath tile and a sleek kitchen. Pretty floors. 4BR/3FB. Listed with Century 21. Days on Market: 68
4504 Chestnut Street, $725,000
2BR/1FB on a 4,800 s.f. lot. Dated kitchen. Original baths. It’s a lot to pay for a 2BR home on a small lot. Listed with Re/Max. Days on Market: 72
4616 Maple Avenue, $1,749,900
Built in 2007, this house has won the location lottery. Tons of space, walkable to everything. 7BR/5.1BA. 6,000 s.f. lot. Nicely terraced backyard. Handsome kitchen. Open floor plan. Listed with Compass. Days on Market: 154
4537 North Chelsea Lane, $1,700,000
A new home will be built on this lot with 6BR/5.1BA. The lot measures 5,390 s.f.. The agent tells me it will likely list between $1.6 and $1.7 mil. Listed with Long & Foster. Days on Market: not officially on the market

Information deemed reliable, but not guaranteed.

If you would like to take a look at any of these East Bethesda properties, give me a call. I’d be happy to arrange a tour.

RECENT SETTLED SALES IN THE NEIGHBORHOOD:

Recent East Bethesda Sales Closing Date Original List Price Sold Price Subsidy
4617 Glenbrook Parkway 9/8/17 $649,000 $661,000
4613 Sleaford Road 9/25/17 $1,729,000 $1,627,000
8641 Terrace Garden Way 9/27/17 $1,350,000 $1,050,000
8201 Tilbury Street 10/2/17 $899,000 $840,000
4628 Chestnut Street 10/12/17 $1,395,000 $1,375,000 $6,750
4525 Sleaford Road 10/13/17 $1,149,000 $1,104,500 $4,000
4616 North Chelsea Lane 10/27/17 $835,000 $835,000

 

If you like East Bethesda, you might enjoy reading some of my other posts:

2017 East Bethesda Home Sales

Top 10 Reasons to Live in East Bethesda

B-CC Cluster Schools

Walk to Bethesda Metro & Walk to NIH/Medical Center Metro

 

Looking to buy or sell? Click here.

East Bethesda MD 20814 Homes for Sale 11/17/17

No new listings. None under contract this week. One price reduction. One open house from 1-4pm on Sunday.

All the homes in this article are currently for sale in East Bethesda. The top of the list features the newest listings while the bottom showcases those that have been on the market for quite some time. I’ll be posting updates every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming.

Why East Bethesda? I (Marcie) have lived in East Bethesda since 1995 and I’ve sold real estate in East Bethesda since 1999. It’s a wonderful neighborhood within walking distance of Bethesda Metro AND NIH/Walter Reed. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

4605 Glenbrook Parkway, $1,450,000
5BR/4.5BAs. Built in 2004. Lot’s of space. Open kitchen. Finished basement with home theater and wet bar. Level yard. 1-car attached garage. Listed with Coldwell Banker. Days on Market: 29
4602 Chase Avenue, $1,472,724
New construction home by Paramount. Many models to choose from. Price depends on size and finishes. Listed with Rory S. Coakley Realty, Inc. Days on Market: 30
4627 Chestnut Street, $1,899,900
2017 construction. 6BR/5.1BA. Sits on a 6,000 s.f. lot. Awfully convenient to Harris Teeter and metro. Nice deck and covered front porch. 200 s.f. larger than the one next door. Listed with Wydler Bros. Days on Market: 36
4621 Chestnut Street, $1,849,000
New construction with 6BR/5.1BA. Lots of space in neutral gray tones. Big basement. Fancy kitchen. Love the tile in the master bath. Unusually wide house. Interesting staircase… I like it! Listed with Wydler Bros. Days on Market: 56
4509 Gladwyne Drive, $815,000
Try to ignore the exterior paint colors, which are fun, but maybe a bit buyer specific. On the inside you’ll find an updated and quite modern setting with a cool stairway, interesting bath tile and a sleek kitchen. Pretty floors. 4BR/3FB. Recent $30K price reduction. Open Sunday 1-4pm. Listed with Century 21. Days on Market: 61
4504 Chestnut Street, $725,000
2BR/1FB on a 4,800 s.f. lot. Dated kitchen. Original baths. It’s a lot to pay for a 2BR home on a small lot. Listed with Re/Max. Days on Market: 65
4616 Maple Avenue, $1,749,900
Built in 2007, this house has won the location lottery. Tons of space, walkable to everything. 7BR/5.1BA. 6,000 s.f. lot. Nicely terraced backyard. Handsome kitchen. Open floor plan. Listed with Compass. Days on Market: 147
4537 North Chelsea Lane, $1,700,000
A new home will be built on this lot with 6BR/5.1BA. The lot measures 5,390 s.f.. The agent tells me it will likely list between $1.6 and $1.7 mil. Listed with Long & Foster. Days on Market: not officially on the market

Information deemed reliable, but not guaranteed.

If you would like to take a look at any of these East Bethesda properties, give me a call. I’d be happy to arrange a tour.

RECENT SETTLED SALES IN THE NEIGHBORHOOD:

Recent East Bethesda Sales Closing Date Original List Price Sold Price Subsidy
4617 Glenbrook Parkway 9/8/17 $649,000 $661,000
4613 Sleaford Road 9/25/17 $1,729,000 $1,627,000
8641 Terrace Garden Way 9/27/17 $1,350,000 $1,050,000
8201 Tilbury Street 10/2/17 $899,000 $840,000
4628 Chestnut Street 10/12/17 $1,395,000 $1,375,000 $6,750
4525 Sleaford Road 10/13/17 $1,149,000 $1,104,500 $4,000
4616 North Chelsea Lane 10/27/17 $835,000 $835,000

 

If you like East Bethesda, you might enjoy reading some of my other posts:

2017 East Bethesda Home Sales

Top 10 Reasons to Live in East Bethesda

B-CC Cluster Schools

Walk to Bethesda Metro & Walk to NIH/Medical Center Metro

 

Looking to buy or sell? Click here.

East Bethesda MD 20814 Homes for Sale 11/10/17

One new listing. Nothing under contract this week. No price reductions. Three open houses on Sunday.

All the homes in this article are currently for sale in East Bethesda. The top of the list features the newest listings while the bottom showcases those that have been on the market for quite some time. I’ll be posting updates every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming.

Why East Bethesda? I (Marcie) have lived in East Bethesda since 1995 and I’ve sold real estate in East Bethesda since 1999. It’s a wonderful neighborhood within walking distance of Bethesda Metro AND NIH/Walter Reed. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

  4625 Maple Avenue, $749,900
Cute colonial on one of the smaller lots in town- made up for by its super convenient location. Floors look great. Updated kitchen. Screened porch. Finished/carpeted basement. Attached 1-car garage. Seems perfectly priced. Open Sunday 1-4pm. Listed with Long & Foster. Days on Market: 1
4605 Glenbrook Parkway, $1,450,000
5BR/4.5BAs. Built in 2004. Lot’s of space. Open kitchen. Finished basement with home theater and wet bar. Level yard. 1-car attached garage. Listed with Coldwell Banker. Days on Market: 22
4602 Chase Avenue, $1,472,724
New construction home by Paramount. Many models to choose from. Price depends on size and finishes. Listed with Rory S. Coakley Realty, Inc. Days on Market: 23
4627 Chestnut Street, $1,899,900
2017 construction. 6BR/5.1BA. Sits on a 6,000 s.f. lot. Awfully convenient to Harris Teeter and metro. Nice deck and covered front porch. 200 s.f. larger than the one next door. Listed with Wydler Bros. Days on Market: 29
4621 Chestnut Street, $1,849,000
New construction with 6BR/5.1BA. Lots of space in neutral gray tones. Big basement. Fancy kitchen. Love the tile in the master bath. Unusually wide house. Interesting staircase… I like it! Listed with Wydler Bros. Days on Market: 49
4509 Gladwyne Drive, $835,000
Try to ignore the exterior paint colors, which are fun, but maybe a bit buyer specific. On the inside you’ll find an updated and quite modern setting with a cool stairway, interesting bath tile and a sleek kitchen. Pretty floors. 4BR/3FB. Open Sunday 2-4pm. Listed with Save6. Days on Market: 56
4504 Chestnut Street, $725,000
2BR/1FB on a 4,800 s.f. lot. Dated kitchen. Original baths. It’s a lot to pay for a 2BR home on a small lot. Open Sunday 1-4pm. Listed with Re/Max. Days on Market: 58
4616 Maple Avenue, $1,749,900
Built in 2007, this house has won the location lottery. Tons of space, walkable to everything. 7BR/5.1BA. 6,000 s.f. lot. Nicely terraced backyard. Handsome kitchen. Open floor plan. Listed with Compass. Days on Market: 140
4537 North Chelsea Lane, $1,700,000
A new home will be built on this lot with 6BR/5.1BA. The lot measures 5,390 s.f.. The agent tells me it will likely list between $1.6 and $1.7 mil. Listed with Long & Foster. Days on Market: not officially on the market

Information deemed reliable, but not guaranteed.

If you would like to take a look at any of these East Bethesda properties, give me a call. I’d be happy to arrange a tour.

RECENT SETTLED SALES IN THE NEIGHBORHOOD:

Recent East Bethesda Sales Closing Date Original List Price Sold Price Subsidy
4617 Glenbrook Parkway 9/8/17 $649,000 $661,000
4613 Sleaford Road 9/25/17 $1,729,000 $1,627,000
8641 Terrace Garden Way 9/27/17 $1,350,000 $1,050,000
8201 Tilbury Street 10/2/17 $899,000 $840,000
4628 Chestnut Street 10/12/17 $1,395,000 $1,375,000 $6,750
4525 Sleaford Road 10/13/17 $1,149,000 $1,104,500 $4,000
4616 North Chelsea Lane 10/27/17 $835,000 $835,000

 

If you like East Bethesda, you might enjoy reading some of my other posts:

2017 East Bethesda Home Sales

Top 10 Reasons to Live in East Bethesda

B-CC Cluster Schools

Walk to Bethesda Metro & Walk to NIH/Medical Center Metro

 

Looking to buy or sell? Click here.

Chevy Chase Charmer

For Sale

7313 Summit Avenue
Chevy Chase, MD 20815

 

Offered at $869,000

Welcome to this charming colonial residence situated in the highly desirable Chevy Chase neighborhood of Martins Addition. Nestled beautifully on the ridge of scenic, low traffic Summit Avenue, this home is just steps away from the Brookville Road shops and Chevy Chase Park with easy access to downtown DC! This move-in ready home offers a perfect combination of size, location and amenities.

For more information:

Laurie Rosen 301-704-3344

Marcie Sandalow 301-758-4894

Cati Bannier 202-487-7177

3615 Patterson Street NW Washington DC 20015

FOR SALE

3615 Patterson Street NW
Washington, DC 20015

Offered at $859,000

Handsome brick colonial with 3 good-sized bedrooms and 2.5 baths in an ideal, walk-to-everything location. Fabulous kitchen renovation. Bonus bedroom/office in the finished attic. Walk-out basement with oodles of potential.

Call for more information!

Laurie Rosen
301-704-3344

Marcie Sandalow
301-758-4894

Catarina Bannier
202-487-7177

 

Peaceful Retreat in McLean Virginia

We can’t wait for everyone to see our new listing at 839 Towlston Rd. in McLean, Virginia. This home, nestled on 3.1 acres of wooded property was designed by Ted Bower who was one of a handful of associates of Frank Lloyd Wright. The light filled interior spans over 5,000 square feet and features incredible design details as well as some of the most spectacular night views you have ever seen. It is light filled and open with four different levels including a terrace or balcony off almost every room in the house. You can have the best of both worlds with this tucked away home in McLean – it’s just minutes away from the Beltway, downtown DC and Metro.

For more information and pictures, click here; for a Virtual Reality or 3D walk-through, enter the door:

Used Book Sale Drop off at BCC HS- 1/7/17

Happy 2017! BCC’s Used Book Sale drop off is at Bethesda-Chevy Chase High School on Saturday, January 7th, from 10 am – 2 pm. The staging area is now ready to take on more of your used books, so we
hope you come over and drop off your donations in sturdy bags and boxes.
Please note that the *drop off location ONLY for Jan 7th will be at the end
of BCC’s Chelton Road driveway (Auditorium side; near the ramp- see map). *