east bethesda real estate: Homes for Sale- East Bethesda MD 20814 - 1/6/2012 - 01/09/12 06:46 PM

January 6 update:  No new listings, no price drops, and 1 house went under contract (one of the townhouses - making this the first time in over a year that none are for sale within East  Bethesda). Another house went directly from "on the market" to "sold"... no warning of a contract, so that one is gone, too.  With only 4 homes advertised on the MLS, East Bethesda inventory is sorely lacking.
All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those … (3 comments)

east bethesda real estate: Real EState Report for East Bethesda 2011 - 01/05/12 12:45 PM

Happy holidays, East Bethesda. It’s time for the annual wrap up. 2011 numbers have held steady from 2010, inching up a modest 0.6%. This isn’t a bad thing. Prices rose by 6.3% in 2010 – the first increase in 3 years. Given the continuing turmoil in the rest of the country, the plateau is a welcome relief.
The 2011 average sales price in East Bethesda was $903,951, with a total of 44 transactions. That’s a 7% increase in volume over 2010 when we had 41 sales averaging $898,224.
Mortgage rates are hovering just under 4% for a 30-year fixed rate … (1 comments)

east bethesda real estate: Homes for Sale- East Bethesda MD 20814 - 12/2/11 - 12/03/11 02:39 PM
Original Source:  East Bethesda MD 20814 Homes for Sale 12/2/11

 Update for 12/2/2011... 1 new listing, 1 price drop & 1 under contract.
All the homes in this article are currently for sale within 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 updating this post every Friday, so be sure to check back to see what's new, what's gone, & what might be coming (and check out the date up top... if it's not current, neither is this information!). … (2 comments)

east bethesda real estate: Homes for Sale- East Bethesda 3/25/2011 - 03/26/11 06:44 PM
Update for 3/25/2011:  During the past week we've had 1 new listing and 1 house go under contract.  There's only 1 listing available for under $1,000,000.
All the homes in this article are currently for sale within 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 updating this post every Friday, so be sure to check back to see what's new, what's gone, & what might be coming (and check out the date up top... if it's not current, neither is … (5 comments)

east bethesda real estate: Homes for Sale- East Bethesda 10/29/2010 - 10/30/10 04:01 PM
Original Source: East Bethesda- Homes for Sale 10/29/2010
All the homes in this article are currently for sale within 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 updating this post every Friday, so be sure to check back to see what's new, what's gone, & what might be coming (and check out the date up top... if it's not current, neither is this information!). I've lived in East Bethesda for over 15 years. I've sold real estate in East Bethesda … (1 comments)

east bethesda real estate: 4429 Rosedale Avenue, Bethesda, MD 20814 - 10/17/10 10:16 AM
4429 Rosedale Avenue, Bethesda, MD 20814
Picture perfect 1939 East Bethesda bungalow with 3 bedrooms and 2 full baths.  Features a remodeled kitchen, pretty wood floors, a finished basement with a rec room and loads of sunshine.  Lots of fresh paint.  Level yard, nice deck and mature plantings.  Within walking distance to parks, 2 metros, the Capital Crescent Trail, restaurants, B-CC High School, downtown Bethesda and more!  Crisp & Clean.  Ready to go.  Offered at $595,000.  Check out my website for more photos, maps, etc.







Open House:  Sunday, October 17 from 1-4pm
 
 
(3 comments)

east bethesda real estate: Bethesda 20816 Market Report, August 2010 - 09/04/10 04:35 PM
Original Source:  Bethesda 20816 Market Report, August 2010

In August of 2010 there were 20 homes that closed within the month for 20816 Bethesda, Maryland.  This was a decrease of 10 units, as there were 30 homes that closed in August of 2009.
The average list price for homes that closed in August 2009 was $1,071,276.The average list price for homes that closed in August 2010 was $892,875.
The average sale price for the homes that closed in August 2009 was $991,055.The average sale price for the homes that closed in August 2010 was $865,675.
The average Days on Market for homes that closed in August 2009 was 55 days.The average Days on Market for homes that closed in August 2010 was 42 days.
10 homes went under contract in 20816 Bethesda in the month … (1 comments)

east bethesda real estate: Top 10 Reasons to Live in East Bethesda - 08/20/10 02:44 PM

You’ve probably driven by East Bethesda on one of your many trips up and down Wisconsin Avenue, and wondered to yourself “what lucky souls live in this incredibly convenient neighborhood- so close to everything in Bethesda, and yet, so charming and suburban at the same time?"  Well, I’m here to tell you 10 fabulous reasons why 1,200 households call East Bethesda home:
1.  Walk to Metro Walk to two metros!  East Bethesda is snuggled between Bethesda Metro and NIH Medical Center Metro.   For most, the walk takes under 15 minutes.  And for those really dreading the walk, there is a Ride-On bus that operates through the neighborhood.
2. … (2 comments)

east bethesda real estate: East Bethesda History- Lynbrook Elementary School - 02/08/10 10:49 AM
 
East Bethesda's Lynbrook Elementary School:
During the first week of March in 1940, the Board of Education advertised its intention to buy three acres of land between Maple and Chase Avenues at $3,500 per acre and take an option on seven additional acres at a slightly higher price.  The land was in the area where a small, red plane had crashed the previous spring as the pilot dipped his wings to a friend on Highland Avenue.
In June, the school board accepted the Morrison Brothers bid of $37,100 for the first unit of the school and work began almost immediately … (0 comments)

east bethesda real estate: Spies in East Bethesda - 02/05/10 12:47 PM
Spies in East Bethesda...
Some of you may know Sandy Spagnolo (EBCA's social chairperson and professional organizer), a fiery redhead who has lived on Chestnut Street all her life.  But with all the newcomers in the neighborhood, not many of you remember her grandfather, Art Lundahl. 
Art was born in Chicago in 1915.  He worked for the CIA, and was the founding father of NPIC, the National Photographic Interpretation Center, formed in 1961.  It combined CIA, Army, Navy and Air Force assets to solve national intelligence problems.  It was the NPIC that first identified the basing of missiles in Cuba in 1962.  … (0 comments)

east bethesda real estate: The Story of East Bethesda and the EBCA - 01/29/10 11:21 AM
THE STORY OF EAST BETHESDA AND THE EBCA
Early History:  Profile of a Neighborhood
Bethesda has come a long way from the Five Points Indian trial at the East-West Highway/Wisconsin Avenue intersection.  Indian tribes from all over Maryland used to meet as their paths crossed at this point on their way to the river for the fishing season.
The first road was Old Georgetown.  It was a rolling road for tobacco farmers to get their barrels of tobacco (hogsheads) to the ships at Georgetown.
Up until the 1920's, the East Bethesda area where we live was still countryside.  There was a … (0 comments)

east bethesda real estate: Your offer has been accepted... So, now what? Part IV (Title Insurance) - 01/28/10 10:23 AM
Your offer has been accepted... So, now what? Part IV (Title Insurance)
Title insurance is a good thing.  It protects you from claims from others on your new house (and these things do happen).  But it's bloody expensive. 
One way around the expense is to get a "re-issue" rate on title insurance.  If the current owner has been in the house for less than 10 years and they are able to put their hands on the physical title insurance policy, you just might be entitled to a discount. You can save a chunk of change if you are able to explore this route.  Doesn't happen … (1 comments)

east bethesda real estate: Bethesda History- Madonna of the Trail - 01/27/10 05:13 PM
Madonna of the Trail
Did you know that our local Madonna of the Trail/Pioneer Mother monument is one of twelve identical statues throughout the US?  The idea behind the monuments can be traced back to a group of Missouri Women, who in 1912 were behind a resolution to Congress giving a formal name to the series of trails used by pioneers as they traveled West.  It was named "National Old Trails Road."  At the urging of then Judge Harry Truman, twelve statues at a cost of $1,000 each were placed in each of the twelve states along the trail. 
In 1927 … (6 comments)

east bethesda real estate: Your offer has been accepted... So, now what? Part I (home inspections) - 01/19/10 02:15 PM
Your offer has been accepted... So, now what?
You've done the legwork and finally found something you can call home.  You make an offer and lo-and-behold, the house/condo/co-op will become yours within a few short weeks (hopefully).  Are you done yet?  Not quite.
In Maryland and the District of Columbia there are still a few things to be done (for the purpose of this article, we're going to assume that you are buying a property that is not in foreclosure or a short sale AND that it's currently free of tenants... that's another story and another post!):
1.  Home Inspections. During the … (4 comments)

east bethesda real estate: East Bethesda Real Estate Wrap-up 2009 - 01/17/10 06:32 PM
East Bethesda Real Estate Statistics for 2009:
It's time for my annual number crunching.  So, how is East Bethesda real estate faring?  Better than the rest of the region.  Prices are down from last year, roughly 12% regionally and 6.9% within East Bethesda.  And while lower prices are never great for sellers, if you are a move-up buyer, the savings on your new home should more than offset the loss you'll take on your current.  At the time of this writing we have an extremely low inventory of homes for sale (4 houses are available in our neighborhood, ranging in price … (5 comments)

 
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