Above Asking: A $25,000 Premium in Chevy Chase, A $130,000 Premium in Silver Spring

• August 15th 2022

by UrbanTurf Staff

In this installment of Above Asking, UrbanTurf revisits two recently-featured listings that sold at a premium. 

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$25,000 Above For a Chevy Chase Farmhouse

Fun accents throughout this Chevy Chase farmhouse include brassy hardware and creative wallpaper, and those attributes may have played a role in it fetching a $25,000 premium above its asking price. UrbanTurf was quite fond of the kitchen, which was renovated in 2015 and has a large center island, quartz countertops and various-sized cabinetry. The basement makes a great option for entertaining guests thanks to a bar with a built-in sink and wine fridge. For those who enjoy spending time outside, there is also a full yard in the front along with a covered porch, and patio area out back. 

• Full Listing: 5428 41st Street NW (map) 
• Asking Price: $1,475,000
• Sales Price: $1,500,000
• Bedrooms: Three
• Bathrooms: 3.5 
• Square Feet: 2,642
• Year Built: 1922
• Listing Agents: Francisco Hoyos, Compass

Photo Courtesy Dereck & Vee  

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A $130,000 Premium For a Japanese Style Mid-Century Modern Home

This two-story Silver Spring home, with an aesthetic inspired by Japanese culture, sold for $130,000 above its asking price. With an open layout, the main room of the listing is only broken up by a large column, which also serves as storage for the kitchen. A wood-burning fireplace draws attention to the far wall in the main room. Two bedrooms can be found on the main level while another two are located on the bottom level. A tiered deck slopes down behind the home and winds its way around the yard, offering ample lounging opportunities. The finished basement could serve as the perfect game room or workspace. 

• Full Listing: 2202 Richland Place (map) 
• Asking Price: $770,000
• Sales Price: $900,000
• Bedrooms: Four
• Bathrooms: Three
• Square Feet: 2,520
• Year Built: 1952
• Listing Agent: Tammy Gruner Durbin, Compass 

Photo courtesy Truplace 

This article originally published at https://dc.urbanturf.com/articles/blog/above-asking-a-25000-premium-in-chevy-chase/19963.