The real estate market in our area has slowed a bit. This is not at all unusual for this time of year and often portends a really robust spring market. As a reminder, the "spring" in this sense means anything from late January to very early April. As surprising as this seems, we are often actually slowing back down again by May 1. So don't wait for the Azaleas! If you are thinking about a move in 2015, call us this fall/winter to get a strategy in place for after the first of the year.
To help make getting ready for any move easier, we've got some great resources to share with you.
Fernando Principe, Royal Painting and Light Construction. Fernando and his team can handle everything necessary to get your home in tip top shape - whether for yourselves or to assure top dollar in a sale. 301 379 1638 or fernando@royalpaintinglc.com
Alexandra Fry, Orchestrated Moves. Alexandra and her team are ready to help with every move but really excel in specialized situations: very large homes, seniors downsizing into new living opportunities, disabled / special needs folks, divorce and other complicated multi-house moves, and estates. 301 801 5044, orchestratedmoves@yahoo.com
Giancarlo Dall'Orso, B B & D Moving GianCarlo has been part of our team for some time now but it always bears repeating that good movers can help before the sale with getting the house ready for the market by helping with the decluttering process - by moving extra items to other family members and/or second homes, and by arranging short term storage for the extra bits while we show the house. 571 233 7009, giancarlo@bbdmoving.com
Frank Coyne, Junk In The Trunk. Hands down, the best hauling company out there. For a very reasonable cost they will sort for donation, safely recycle electronics and generally make your unwanted "stuff" disappear. What's not to love? On top of that, as their website says, they smell better!877-548-8669 service@jitt.com
Nick Sage, SmartBox. Ahhh, the Pods. The harbingers of the spring market, they sprout like daffodils in driveways and on curbs, ready to temporarily hold your extras while we get the house sold. Nick / SmartBox are the best in the business and our clients even get a discount! 4102806013 nick.sage@smartboxusa.com
Hope everyone has a very Happy Thanksgiving.
Barbara, Tom, Marc and Susan
Nalls Home Partners
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Our clients or the month are Susan Hammond Franyo, and David Hilbert and Jan Cassedi, shown here at the pre-settlement inspection and then at settlement.
Susan sold, and David and Jan bought, the gorgeous 5 bedroom, 3.5 bath Williamsburg colonial home which Susan and her late husband Don built in 1977 using a portion of the stunning river view land where Susan grew up. Of course, with so many years of memories it was an emotional sale, but Sue was a champion with the staging (a background in American art and antique furniture gave her a real advantage ;-) and David and Jan were our perfect buyers: savvy Bethesda professionals ready to take advantage of the empty nest to enjoy a bit of elbow room and stunning views of Virginia. It was an unusual transaction involving some complicated land issues but with a bit of teamwork we got the job done. Congratulations to all and best wishes for much happiness in this next exciting chapter.
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Regional Sales Trends For Single Family Homes
Contracts Ratified Per Month
Montgomery County
Washington DC
Information provided by GCAAR
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* Custom built 4 BR, 3 BA log home on 13.5 acres in Poolsville
* Over 115 acres of land with a huge metal sided barn and shop area in Poolsville
* Rarely available commercial property in downtown Poolesville.
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Open November 16th 1-4 PM!
4809 Chevy Chase BLVD
Chevy Chase, MD 20815
$1,299,000
Sparkling true 5/6 bedroom, 3 full baths +2 half bath (additional full bath in studio above garage) colonial on one of Chevy Chase West's prettiest streets! Significant expansions including fantastic light drenched great room, adjacent new granite & stainless steel kitchen, shining wood floors, gorgeous details. Rare 2 car gar with finished loft above including full bath & wet bar - great for home office or au pair. Great lot, perfect quiet location close to parks, downtown Bethesda, Chevy Chase or Friendship Heights!
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $12,532.15
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8011 Maple Ridge Rd
Bethesda, MD 20814
$1,199,000
Expanded four bedroom, three and a half bath colonial in sought after Battery Park. Less than a mile to downtown Bethesda & Metro. Modern renovations with classic finishes. Master suite with spa bath, open kitchen to family room, hardwood floors, two fireplaces, off street parking, all in a fantastic location. Welcoming community with clubhouse, award winning schools.
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $9,880.24
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4116 Saul Road
Chevy Chase, MD 20815
$789,000
Big, bright, beautiful Byeford split renovated top to bottom, fresh paint, gleaming floors, and sun-filled open kitchen. Four bedroom and three full baths, including attached master, four levels, great flow - living room opens to sunny deck, family room opens to adj patio, large private lot, mature plantings, hot tub!! Two car gar plus tons of storage. Fantastic central location close to pools & schools, great commute!
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $7,506.34
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4201 Cathedral Ave NW #818W.
$215,000
Fantastic sun-filled east-facing unit overlooking pool & gardens. Charming unit with rarely seen two walk-in closets with organizers. Lives like a one bedroom with designated sleep area. Unit boasts an updated kitchen with tile floors, newer appliances & new windows. Amenities include 24hr security, pool, shopping & so much more. Ideal location w/shopping & restaurants steps away. Easy access to downtown.
Please Click Here to View the Virtual Tour
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Under Contract
2635 Colston Drive
Chevy Chase, MD 20815
$799,000
Wow! Storybook colonial almost too good to be true in popular Rock Creek Forest. Three good sized bedroom and two full baths upstairs, gorgeous family room addition with cathedral ceiling / skylights, bright living room, separate dining, renovated kitchen, private patio off kitchen / family room opens to landscaped gardens and fenced yard. Rare attached garage, walk to Rock Creel Park and transportation.
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $6,452.79
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Under Contract
5513 Westbard Ave.
$949,000
Come see the fantastic interior of this 5 level, 5 bedroom, 4.5 bath home in sought after Westwood. Gourmet kitchen with skylights and breakfast room, oversized dining room, butlers pantry are ideal for entertaining. Ample living space with huge family room with fireplace, recreation room, media room, formal living room with fireplace. Great location, less than 2 miles to DC or downtown Bethesda.
Please Click Here to View the Virtual Tour
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $10,788.40
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Sold
2917 Terrace Drive
Chevy Chase, MD 20815
$710,000
Immaculately maintained, beautifully updated large 3 bedroom, 3 full bath rambler on one of the prettiest streets in wonderful Rock Creek Forest! Large rooms, open floor plan, huge finished daylight lower level adds enormous amount of practical living space. Gorgeous in-ground pool & spa, decks, landscaping - all really done right - create a private oasis in the fenced backyard!
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges for first fiscal year of ownership $ 6,408.74
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Sold
6691 32nd Street
Washington DC 20015
$995,000
Impressive center hall colonial nestled in an extraordinary neighborhood. This home boasts an expanded kitchen & master bath, hardwood flrs, updated windows & so much more while preserving the charm of the original home w/period details, custom millwork & beautiful archways. The lush grounds have been tenderly cared for with gorgeous stone work and beautiful landscaping.
Please Click Here to View the Virtual Tour
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Sold
12514 Pennyfield Lock Road
Potomac MD 20854
$1,195,000
Extraordinary original owner custom home on over 6 acres with views overlooking the Potomac river and miles of Virginia countryside. Four / five bedrooms, three and a half baths on three finished levels. Beautiful room proportions, four fireplaces, three car garage & all the gracious appointments & charm of "old" Potomac. Enchanting living, stunning dining, Chef's Kitchen with brick fireplace, mudroom, sunroom, master bedroom suite with sitting room, + walkout lower level. Very special, rare offering.
Please Click Here to View the Virtual Tour
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $10,204.59
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Stats and Market Update From GCAAR
Single-Family Contracts and Settlements Rise in DC and Montgomery County
Prices Rise Slightly; Days on Market Up in the County
There were modest price increases for condos and single-family homes in the District of Columbia and Montgomery County in September as inventory continued to rise. Both jurisdictions saw increases in single-family contracts and number of settlements.
Washington, DC
The average days on market was down 17.5% compared to September 2013. The median price for condos rose 1%, with single-family homes increasing by 3.3%. Inventory increased 7.5% for condos, and 6.3% for single-family homes. Contracts rose 6.4% and 3.2% respectively for condos and single-family homes. Settlements decreased 5.8% for condos, but rose by 8.3% for single-family homes compared to September 2013.
Montgomery County
The average number of days on market was up 20.45% from September 2013. Median condo prices saw a 3.2% increase, and the price of single-family homes rose by 1.5%. The amount of available inventory increased in September, with a 27.4% increase for condos and a 34% increase for single-family homes. The number of contracts decreased 17.5% for condos, but increased by 8.8% for single-family homes.Settlements dropped for condos, 5.4%, but increased by 5.2% for single-family homes compared to September 2013.
Information From the GCAAR®
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Coupon! 10% Off
for Nalls Home Partners Clients! We Deliver - You Pack - We Pick Up - We Store and Move!
410-353-5268
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Today's Interest Rates
30 Year Fixed 4.20%
15 Year Fixed 3.36%
5 Year Arm 3.08%
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Our Bethesda Long and Foster Office is a Toys for Tots Drop Off Center!
If anyone would like to make a donation, they can drop and new, unwrapped toys off at
our Long and Foster office:
7700 Old Georgetown Road, Suite 120
Bethesda, MD 20814
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Fun Event
November 22, 2014
12:30 p.m. - 5 p.m.
Location:
Georgetown Waterfront
3000 K Street NW, Washington, DC 20007
Cranksgiving is a food drive on two wheels. Our version is part bike ride, part autism awareness ride, part food drive, part scavenger hunt. The original Cranksgiving has been held annually in New York City since 1999, and Bike to the Beach is hosting it in Washington, DC to promote cycling, raise autism awareness, and support Miriam's Kitchen.
Bring a bike, a bag, a lock, and about $20-$30.00 to buy food and supplies. All of the food and items collected at local stores will be donated to Miriam's Kitchen, a non-profit organization that serves the homeless via a breakfast program, case management, and transitional housing and after-breakfast programs.
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Fun Event
Secrets of the Washington Monument Grounds
MULTIPLE DAYS: 11/07/2014, 11/14/2014, 11/21/2014, 11/28/2014
Time: 2:00 to 4:00 PM
Location: Refreshments Stand-Paddle Boat Parking Lot
Free Informational Session The soaring tribute to General Washington commands respect but so does its landscape where centuries of hidden history await discovery.
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Click On Image to Visit Our Website
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Deb Levy
Eagle Bank
1425 K Street, NW Washington, DC 20005
Office 202-292-1581
Mobile 301-332-7758
Fax 301-841-0282
NMLS ID: 481255
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John G. Nalls
4400 Jenifer Street, NW Suite 200
240-498-8290 240-498-8290 240-498-8290
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Preston Lawn Landscaping
Casey Spears
301-725-2555
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casey@prestonlandscaping.com
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RTS Environmental
Services, Inc.
www.rtsenvironmental.com
301-607-6276
1-800-722-5589
rtsenviro@comcast.net
RTS Environmental Services performs Pre-Purchase and discovery inspections for Mold and Asbestos building issues. RTS also provides solutions for issues which may require mold and asbestos removal according to industry methods, practices and standards.
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James Scott, Jr.
6001 Montrose Road Suite 805
Rockville, MD 20852
301-881-3220
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All information in this e-newsletter is deemed reliable but not guaranteed.
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