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South Silver Spring - The Silverton Real Estate Market Report

The Silverton Condos (by JBG Group) on East West Highway was built around the vintage art deco facade of the former Canada Dry bottling plant and has 210 dwelling units. 
The units were finished in 2006 - 2007 

The Silverton has Beautifully Appointed Floor Plans, Glass Doors Leading to Private Balconies, Chef-Caliber Kitchens with Maple Cabinets and Granite Countertops, Granite Vanities in Bathrooms and Full-Size Washers and Dryers in the units!
There is a High-Tech Resident E-Lounge, Swimming Pool, Expansive Sundeck and a Cutting-Edge Fitness Center.
The Building is within Walking Distance to Metro and has Easy Access to Washington, DC & I-495 Close to Excellent Shopping, Fine Dining & Entertainment.  

This market report encompasses All Sales Activity at the Silverton 
Last 6 months ( Jan - July 2008)   

3 Active (For Sale) Listings
1)  2 Bedroom 2 Bath - 3rd Floor Unit (1,307 sq ft)
     Asking Price - $499,900  Days on Market - 117
2)  2 Bedroom 2 Bath - 2nd Floor Corner Unit
     (1,084 sq ft) Asking Price - $395,000 
     Days on Market - 62
3)  1 Bedroom 1 Bath - 2nd Floor Unit (718 sq ft)
     Asking Price - $290,000 Days on Market - 232

1 Listing Under Contract
1)  1 Bedroom 1 Bath - 1st Floor Unit (792 sq ft)
     Asking Price - $290,000 Days on Market - 65

3 Sold Listings
1)  1 Bedroom 2 Bath Special Unit  (955 sq ft)
     Asking Price - $324,900 Sold Price - $324,900
     Days on Market - 25
2)  1 Bedroom 2 Bath Special Unit (955 sq ft)
     Asking Price  - $324,900 Sold price - $324,900
     Days on Market - 25
3)  1 Bedroom 1 Bath 2nd Floor Unit (776 sq ft)
     Asking Price - $295,000 Sold Price - $290,000
     Seller Subsidy $7,700 - Days on Market - 58

Thinking about Selling or Buying a South Silver Spring Condominium? -
Contact  Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.

Posted by Debbie Cook | Discussion: No Comments »

South Silver Spring - Newell Street Condos Market Report

8045 Newell Street (by Patriot Group) is a five story, 120 unit condominium building.  This building was completed and already Sold out in 2006.
 
This Building offers a Fun, Funky, Hip and Laid Back Urban Lifestyle, in a Small Intimate “Pet Friendly” Building. Located by Historic Acorn Park in the South Silver Spring neighborhood, the Units have Open Floor Plans with High Ceilings, Washers and Dryers in the Units and either a balcony or sunroom.  

SAVE your GAS! and Walk everywhere from this building that has a very high Walkabilty Score.  Walking Distance to Silver Spring Metro/Red Line, Rock Creek Park hiking biking trails and all the ammenities of Downtown Silver Spring.

This market report is for the last 6 month period begining January 1, through July 6th 2008.  All units are resales reported in the Metropolitan Regional Information Service (MRIS)

4 Active For Sale Listings
1)  1 Bedroom 1 Bath  2nd Floor
     (820 sq ft)  Asking -$285,000 
     Days on Market - 57
2)  1 Bedroom - 1 Bath 5th Floor  
     (820 sq ft) Asking - $315,000 
     Days on Market - 267
3)  1 Bedroom  1 Bath 2nd Floor  
     (900 sq ft)
     Asking $347,500  
     Days on Market - 6

 1 Listing Under Contract
1)  2 Bedroom - 2 Bath 3rd Floor (1,255 Sq ft) - Asking $410,000  Days on Market - 7

4 Sold Listings
1)  0 Bedroom 1 Bath Efficiency Unit 2nd Floor Unit (569 sq ft)
     Asking Price - $108,746   Sold Price  - $108,746  Seller Subsidy -$3,469
     Days on Market - 5
2)  0 Bedroom 1 Bath   Efficiency Unit (569 sq ft)  4th Floor   
     Asking Price - $109,658   Sold Price - $109,658   Seller Subsidy $3,498
     Days on Market - 3
3)  1 Bedroom - 1 Bath  5th Floor (820 sq ft)
     Asking Price - $285,000   Sold Price - $285,000   Days on Market - 21
4)  1 Bedroom - 1 Bath and Den  (935 sq ft) 3rd Floor Unit
     Asking - $320,000 Sold - $320,00  Seller Subsidy - $10,000  Days on Market - 85

Thinking about Selling or Buying a Silver Spring Condominium? - Contact  Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.

Posted by Debbie Cook | Discussion: No Comments »

We are the #1 Best City for Walking in Maryland!

In the April issue of Prevention Magazine each of 50 states were rated for Walking and or Walkability. 
Silver Spring, MD was rated#1 in Maryland and #17 of the Top 100 cities in the Nation!

(I sure hope we don’t get disqualified when they figure out Silver Spring is not a real city) SHHHHH!

Prevention Magazine’s Ratings for the state of Maryland:

No. 1   Silver Spring!!! 

The experts cited good countdown signals for walkers that allow enough time to cross at busy intersections, our vibrant Downtown with Shopping, Dining and Entertainment as reasons for rating Silver Spring at the top.  We have the most mass transit users anywhere in the state and a low number of cars per household helped Silver Spring rank #1 in Maryland

No. 2   Bethesda  - We Finally Beat Bethesda for Something!!
No. 3   Gaithersburg
No. 4   Dundalk
No. 5   Baltimore
No. 6   Frederick
No. 7   Germantown
No. 8   Wheaton-Glenmont
No. 9   Columbia
No. 10  Ellicot City

Find out how your specific Silver Spring Neighborhood scores for Walkability Here.

Posted by Debbie Cook | Discussion: 4 Comments »

Awesome New Listing in Downtown Silver Spring - An Eco Friendly Masterpiece!

Cedar Front
Go Green and Gorgeous!

This New Eco- Friendly and Energy Efficient Home is located in Downtown Silver Spring in a beautiful, mature established Silver Spring neighborhood with quiet, shady tree lined streets.  An easy walk to the METRO, shops, restaurants, theaters and many wonderful parks.  
Every inch of this beautiful home and yard has been carefully designed, restored and remodeled from top to bottom! The original charm and character of the House and Neighborhood remain. Move in Ready with 3 Bedrooms, 2 1/2 Baths, all New Luxury Kitchen, Dining Room, Breakfast Nook, Living Room with Fireplace, Mud room, Full Finished Basement, Utility Room and Attic.

This home provides a high level of quality, balances environmental impact, energy use, maintenance, comfort and convenience.

WHAT”S NEW? - A redesigned open floor plan including left side addition and roof, dual HVAC system, electrical system, plumbing system, brand new (granite, cherry and stainless steel) kitchen, master bath and all other baths, all porches, windows, exterior doors, patio, driveway and landscaping.

Many Many Photos and more details @  www.8208Cedar.com 

 

Posted by Debbie Cook | Discussion: No Comments »

The McMansions in East Silver Spring

Old easley
This post was inspired by a another local blogger www.ThayerAvenue.com  who posted about a ginormous McMansion going up in East Silver Spring on Thayer Avenue.                                              

Most of East Silver Spring still has “normal sized” older houses.  The few McMansions or new infill construction Easley Middlethat we do have REALLY stand out. 

One example on Easley street is the “McMansion with no windows”  It started out as a small bungalow home built in 1928 between 2 other similar houses.  The home had a larger and deeper than average lot size of 12,180 sq ft. 

It was torn down sometime ago and remained a big watery mud hole with trash and debris in it for a few years.  I once walked by the lot and noticed they were still getting junk and other mail delivered to 701 Easley, it was strewn all over the front of the mud hole. While it was still just a hole, it caused a lot of concern and complaints from the adjoining neighbors and the neighborhood in general. 
I though they’d never build anything there.  Then all of a sudden a huge foundation went up this past year.  The picture does not do it justice - it is ENORMOUS.  Can’t wait to see what it will look like when it’s finished.  It will certainly stand out amongst the small old bungalows on that street. 
Deerfield - million
A tasteful newly constructed infill home was completed recently just down the way at 608 Deerfield in East Silver Spring - McNeills Subdivision. The lot was a little over 7,000 square feet and an old garage at the back of the vacant lot was the only thing torn down to build the house.

This house sold for $1,191,064.00 ( one million, one hundred ninety one thousand and sixty four dollars ) and settled less than 3 months ago.  I think this NEW house just “nails it” for a perfect fit with the neighborhood character of East Silver Spring.
Check out the Listing and Interior Photos Link for 608 Deerfield Avenue, Silver Spring, Md 20910.

Some Gigantic Monster Houses have gone up or are going up in some older Silver Spring neighborhoods, for instance this one on Randolph Road.  There is a Monster Palace on New Hamphire Avenue in Hillandale and a Giant House going up in Woodmoor just past the Woodmoor Shopping Center going North on Colesville that you just can’t miss when driving out that way.  Sligo from Silver Spring Singular has posted a few blogs about McMansions in Silver Spring.  I liked this post about Mc Mansions by a local blogger.  Dan Reed (Our future architect/Urban Planner) from Just Up the Pike writes about them all the time and Silver Spring Daily Photo has a lot of photos of McMansions in and around Silver Spring.

So, How do you feel about McMansions in Silver Spring?  What’s your opinion?  Want more? Want less? Want Larger? Smaller? or just don’t care?

Posted by Debbie Cook | Discussion: 4 Comments »

More Silver Spring, Md Real Estate Market Reports - Seven Oaks Subdivision and South Silver Spring Condos

Acorn-Gazebo-Postcard         New Real Estate Market Activity Reports


Single Family Homes

Seven Oaks Subdivision – 20910 & 20901

Condominiums in South Silver Spring – 20910
                 
                 Aurora Condominiums
                 
                 The Silverton

                 8045 Newell Street Condos

Luxury Town Houses  Cameron Hill  – 20910

If you are thinking about Selling Your Silver Spring House, Condo or Townhouse - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Homes Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.
 

Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home

Posted by Debbie Cook | Discussion: 3 Comments »

Stevie Nicks - Fleetwod Mac Connection to Silver Spring

The song Silver Springs was written by Stevie Nicks.   Legend has it that she got the idea Good Fleetwoodwhile riding in a limo on the Capitol Beltway after a concert and seeing the sign for the Silver Spring, Maryland Exit. 

Die-Hard Silver Springers and native residents will tell you they hate it when anyone makes Silver Spring plural.  That extra S drives a lot of us crazy (especially when a public offical makes this Mistake!) if you listen carefully to the song Stevie never uses the plural or the dreaded extra S in the song.  The only place you’ll find that extra S is in the title of the song.

More evidence of this legend that the song came from the beltway sign is the fact that the sign is a “blue green” color mentioned in the song?  A lot of other people believe this legend.

                                           Watch Stevie Wail out this song LIVE

Posted by Debbie Cook | Discussion: 7 Comments »

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