What's Up? With Real Estate
May 07, 2013 11:24AM ● Published by Brian O
WRITTEN BY LURDES ABRUSCATO
At What’s Up? With Real Estate, we see and hear reams of real estate tips, strategies, and advice. But over the years, we’ve learned that successfully selling a home generally boils down to one principle: Put your ducks in a row and the house will go. This month, we profile two Annapolis properties that did the prep work in advance to make the sale as smooth as possible.
Primary Structure Built: 1987
Sold For: $925,000
Original List Price: $999,000
Last Sold/Price: 2004/$775,000
Bathrooms: 3 baths, 2 half baths
Living Space: 3,000 square feet
Lot Size: .31 acre
On and off the market for nearly a year, this Severna Park residence sold in 69 days after an agent change and price tweaks. The waterside property, sitting on Old Man Creek (a deep creek of 4-plus MLW with Magothy River access), needed no staging and showed especially well because the sellers had moved out, leaving some furniture and belongings for a pulled-together, yet clean and minimalist, showing. The buyers lived in a community around the corner and wanted a place on the water, and this home’s 206 feet of water frontage fi t the bill. A private pier, along with three large decks, all offer great water views.
Stewart’s Landing, best known for its annual New Year’s Day Penguin Plunge benefitting the Chesapeake Bay Foundation, offers an abundance of community activities and facilities, including basketball courts, boat ramp, common groups, picnic area, tot lots/playground, and water privileges.
Inside, the abode doesn’t show its 25 years, with a remodeled kitchen and baths, plus new carpet and flooring. The stainless-steel and granite-laden kitchen includes an oversized island and separate eating area that opens to one of the decks. The dining room’s coffered ceiling features elegant molding. Upstairs, the master bedroom has its own private deck. A striking en-suite bath includes unique granite vanities topped with copper vessel sinks, a stone pebble shower with slate walls, and a separate soaking tub with matching copper fixtures. With a fully finished, walk-out basement opening to another deck, the new owners have no plans for any significant changes to the home.
Sources: Charlie Buckley (listing agent), Associate Broker, Mr. Waterfront Team, Long & Foster Annapolis, 410-266-6880,firstname.lastname@example.org. Brad Kappel (buyer’s agent), Salesperson, Mr. Waterfront Team, Long & Foster, 410-266- 6880, www.waterfronthomes.org.
LINSTEAD ON THE SEVERN
Primary Structure Built: 2011
Sold For: $1,130,000
Original List Price: $1,299,000
Last Sold/Price: N/A – New Construction;
Living Space: 4,604 square feet
Lot Size: .46 acre
Located in a well-established and popular neighborhood in Severna Park and two blocks from water access, this newly constructed Cape Codstyle home underwent a few price adjustments before reaching its optimal pricing. The listing team also brought in a stager who helped highlight its excellent features. Once the offer came in, closing took place in just over a month.
The buyers, relocating from Texas, had specific criteria in mind, including sprawling spaces, high ceilings, and a great neighborhood and school system. Square footage is at a premium in coveted communities such as Linstead on the Severn, thus, tear downs are popular options. In this case, the new home was positioned similarly to the old rambler that used to be on the property and its structure fi t the buyers’ needs, with 10-foot ceilings both upstairs and down, an open floor plan, and refi ned finishes. The neighborhood is known for hosting various parties and events and has a real sand-lined beach, pavilion, boat slip, common groups, mooring and picnic areas, pier/dock, tot lots and playgroup, and water privileges.
The interior includes as many unique conveniences as the community: naturally, beautiful stonework surrounds the great room’s fi replace, and also is carried throughout the rest of the residence, including on the kitchen’s island, over the stovetop’s hood, in the foyer, and as part of the master bedroom’s fireplace. Taking the practical to new extremes, there’s a large main-floor mudroom and laundry area, as well as a second-floor laundry room; a wet bar with both wine cooler and beverage fridge; a full bedroom/bathroom guest suite on the main floor, as well as a second-floor master suite with heated floors, in the well-appointed master bath; and an oversized pantry with an additional refrigerator. Other nice touches include “miles of granite” in the kitchen, according to the buyer’s agent, a unique tray ceiling over the eating area, a screened porch, and various built-ins throughout the home. The new owners are personalizing it further by finishing the basement and adding various hardscaping and landscaping elements.
Sources: Missy & Vince Meyers (listing agents), Realtors, Maryland Homebuyers Network, 443-995-0990, missymeyers@ verizon.net. Dee Dee Miller & Sharon Blaszczak (buyers’ agents), The Miller Team, Long & Foster, 443-995-2297, 410- 353-9171,email@example.com, sharon.b@lnf. com. Mike Simpson (builder), Bay Breeze Builders, 410-310- 2060. Wayne Speight (architect), Speight Studio Architects, 410-267-7890.