On October 8th (2021,) I brought 10640 Maple Street to the market, priced at $405,000. Having grown up in this neighborhood, these homes are very special to me. Last year’s sale at 10646 and this year’s at 10640 were owned by my neighbors. These were my mom’s best friends. It is fitting that both sold at the end of the year because one of the things I miss most about growing up in Ardmore was the walking up and down the street between neighbor’s houses on Christmas Eve. Neighborhoods are as good as the people that live there and the folks on this particular stretch of Maple Street got along very well. They understoood what being a good neighbor was all about. You watched out for each other in good times and bad. You celebrated together and helped those in mourning.
The daughter of the original owner, who had been the owner for years since her mom passed away, hired me to help her sell the home after having some frustration as a For Sale By Owner. We listed at her same FSBO price, $405,000, but the marketing was kicked up several notches. Professional photography made all the better with some light staging created the all important buyer enthusiasm. Within four days on the market there were four offers, but only one of those buyers were serious enough to make the deal that got them the home. They paid $411,000 and asked for nothing more in repairs or any other concessions.
Today, November 19th, 10640 Maple Street started a new chapter in its life with new owners. As I knocked on the door to get my lockbox I let the buyers know just how special that house was to me. And it wasn’t a line. I learned to make gingerbread cookies in that house. I also learned to wrap Christmas gifts in the smallest bedroom when I was twelve. That was the year that my mom’s back went out . She had no choice but to trust me with her secret stash of presents at the neighbor’s house. Mom may have been convinced I peeked into those gifts, but I never did. Doing the right thing has always been my style, it’s just done on a different stage where the stakes are much higher these days.
When you are ready to sell your family home, get in touch with me for a no obligation consultation. You will benefit from my listing preparation advice, top notch marketing and superior negotiation skills. You will also never feel as though you are just a number. Selling a home is my business, but I never forget it is personal to those who have lived there.
Just Listed in Fairfax: 3 Bedroom Duplex for $405,000
Built in 1955, this duplex in Fairfax City has a lot of stories it could tell you. When built, 10640 Maple Street was an affordable home in what would have been considered the far reaching suburbs of Washington, DC. Nowadays, its location screams convenience, close to George Mason University, bustling downtown Fairfax City with its shops and mere blocks to the Fairfax County Courthouse Complex. The CUE bus stops only about three blocks away, traveling routes between GMU and the Vienna Metro. What used to be too far out to be valuable, is now in demand.
Inside hardwood floors welcome you to make Ardmore your new neighborhood and take you through the living room, dining room and entire upper and level. Best part? There is no HOA to tell you what kind of fence you can put up, what color you can paint your home, etc.
Storage is ample with a couple cubbies, one being a large mid-wall height cubby in the primary bedroom. Enjoy a built-in bookcase in the dining room that really was designed to be a built-in hutch for your dinnerware. The coffee cup hooks of yesteryear remain to tell the tale.
Black granite counters and updated white kitchen cabinets are the centerpiece of this home. Kitchen is open to dining room and the living room is expansive enough to allow for a desk. The nook under the staircase is the perfect location if you don’t claim the smaller of the bedrooms for a home office upstairs.
Covered parking in Ardmore duplexes is a rarity. Yet another feature for buyers. You will also have a shed, with a lawnmower to mow that expansive yard if you want it. And the picnic table in the back yard is the perfect spot to enjoy a cookout.
This one won’t last very long. It’s a great investment opportunity or first home purchase.
On Halloween I was pleased to bring 10646 Maple Street to the market as an active listing. It had been listed as coming soon on October 28th and to my surprise, not one single inquiry was made about the property in those three days. So when it went active on October 31st priced at $375,000, I was not surprised when it didn’t have immediate showings.
As it played out, our first showing was November 1st, after one full day on the market. It was followed by seventeen more showings. The first offer came on November 2nd and by November 3rd, the seller had four offers to review.
Of the four offers, two were very competitive. It came down to which the seller preferred. A large down payment or a little bit more in sales price. The seller went with more in sales price and picked the highest offer. At the time, that buyer had written in her offer a December 4th closing date. This was something that concerned me. With the insanely low interest rates many lenders are overwhelmed not just with purchases, but also with refinances. Nonetheless, the lender assured us he could make a December 4th closing. Still, I braced my seller for a delay because my experience in this market is that less than thirty days from contract to close is cutting it close.
The only thing troubling about the inevitable lender delays that happened was they were announced on three occasions at the last minute. Open communication is the key to trust between the parties in a real estate transaction. By the time the third delay came, there was also a request for pre-settlement occupancy. Before that could happen, there needed to be one more conversation about worst case scenario with the lender and the buyer had to remove their financing contingency.
Well, the worst case date of December 15th was realized when this duplex finally closed for $392,150. While the lender was a great guy and knew his stuff, he was only as good as his underwriting and closing departments which had no clue how to prioritize files they were working on. A great listing agent keeps track of the lenders who know their stuff, but also have great back end support.
When you are ready to sell your Fairfax City duplex and want a listing agent that knows how to get you the maximum amount of money from preparation to negotiation, give me a call.