22 Offers, $145,000 Above Asking in Silver Spring

• October 26th 2020

by Nena Perry-Brown

The latest installment of Above Asking takes a look back at two listings in the suburbs that ended up selling for five and six figures over listing price.

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$76,000 Above Asking in Hyattsville

Located a short walk from Magruder Park and the trail network in Hyattsville, this mid-century Tudor-style two-bedroom went under contract in six days for $76,000 above the original listing price. The living room has a wood-burning fireplace with a stone façade and offers access to a sunroom-like porch with louvered windows on three sides. The kitchen has parquet hardwood floors and a tiled backsplash above the L-shaped countertop, and the two bedrooms share a full bath on the main level. The second bath is on the lower level, along with a rec room, a laundry room, and access to the interior garage. A partially-finished attic offers the opportunity for bonus space or a new owner's suite. The house also has a front stoop, a rear deck, and a generous amount of yard space.

• Full Listing: 5020 38th Avenue (map)
• Asking Price: $299,000
• Sold Price: $375,000
• Bedrooms: Two
• Bathrooms: Two
• Square Feet: 1,447
• Year Built: 1939
• Listing Agent: Ryan Hehman, GO BRENT

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$145,000 Above Asking for A Silver Spring Stone Cottage

Considering that this four-bedroom a block from the Sligo Avenue Neighborhood Park received 22 offers, it comes as no surprise that it ended up selling for well above its asking price. The dual-access front porch has French doors leading into the living room with ceiling beams and a painted stone panel fireplace. The dining room has a rounded bay with leaded-top windows above a ledge, and a bonus room on the main level has ample built-in shelving and separate access to the sideyard. The lower level houses a bedroom, laundry room, and a rec room with white-painted brick walls and a wet-bar nook. The backyard has garden areas and a detached former garage that now serves as a wooden-floored work studio.

• Full Listing: 5 Hilltop Road (map)
• Asking Price: $798,000
• Sold Price: $943,000
• Bedrooms: Four
• Bathrooms: Three
• Square Feet: 2,262
• Year Built: 1929
• Listing Agent: Liz Brent, GO BRENT

This article originally published at https://dc.urbanturf.com/articles/blog/22-offers-145000-above-asking-in-silver-spring/17446.