Under Contract: 700 Blueberry Hill

Buyers are out, and MOTVATED! We ratified another property in McLean, this week.

This home is located in the desirable Merrywood on the Potomac, with the unique benefits of a single family home, that actually has condo ownership.

The comps for this neighborhood range, but are above $1M for most recent sales. The lowest Sale was 706 Blueberry Hill for $982K in 2015. And the highest sale was 1300 Skipworth for $1.75M in 2016

• This home features 5 bedrooms and 4 1/2 bathrooms.
• Inviting foyer entrance and expansive floor plan.
• Separate formal dining room with wood burning fireplace, perfect for large tables and entertaining.
• Gracious living room off kitchen with sunny bay window overlooking the yard.
• Spacious gourmet kitchen with plenty of counter space, breakfast area with balcony and custom pantry.
• Office off of the foyer with custom wet-bar and built-in shelving can also be used as a study or den.
• Enviable master suite with attached full bathroom. dual-entry walk-in closet and additional second closet.
• Three generous sized bedrooms on upper level, with two full bathrooms.
• Lower-level features expansive family room with a fireplace, built-in wet bar for entertaining, additional 5th bedroom /home gym, full bathroom and huge storage room.
• Stunning private backyard with in-ground swimming pool, patio and extensive landscaped gardens.
• Over-sized 2 car garage with plenty of space for additional storage.
• Laundry room/mudroom conveniently located off of kitchen.
• Updates include: newer hot water heater & HVAC, slate roof and large double hung windows.
• This home is part of the section 2 cluster, and is only attached on one side.
• Ideal location minutes to the GW Parkway Chain Bridge Road, Tyson’s, Georgetown and Downtown DC.

This home is listed for $1,199,000.

Email Katie@wethmangroup.com for more information or to to find out the most accurate price for your home!

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Under Contract: 1812 N. Culpeper St. Arlington, VA 22207

We ratified a contract on this beautiful home this week! This home is located in Highview Park, which has an ideal North Arlington location, and is assigned to highly ranked schools, but is still listed under $900K. Other details about this house:

• Totally renovated, 5 Bedroom, 3.5 bath Single Family home in North Arlington with more than 2,700 sq. ft. of living space.
• Two-story foyer and separate living room, office, dining room and family room on the main level.
• Beautiful Bamboo floors and recessed lighting throughout the home and 9 foot ceilings on the main and upper levels.
• Gourmet Kitchen with a center island, granite counter tops, stainless steel appliances, ceramic tile floor and gas cooking range.
• Master bedroom has a walk-in closet and luxury en suite full bath with separate whirlpool soaking tub and shower, double vanity and ceramic tile.
• Upper level has two additional spacious bedrooms and a full bath with ceramic tile.
• Walk-out basement complete with a huge rec room, two bedrooms, full bath and separate laundry/utility room.
• Slate front walkway, private driveway with off-street parking and fully fenced yard with shed.
• Ideally located near Arlington area restaurants, shopping and entertainment with easy commute to Rt. 29, Rt. 50, I-66 and I-395.

Other homes in the immediate area range from $760K-$1.27M, ranging on the size, updates and location. We listed this property for $849K, since it was completely rebuilt and renovated in 2012.

If you’d like more information about your home’s value or the market in your neighborhood, email Katie@wethmangroup.com for more information!

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SOLD: 520 John Carlyle St. #437 Alexandria, VA 22314

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Congrats to our client for selling her loft style, studio in Alexandria!

We listed her home in December, had lots of interest and received a full price offer in less than a week!

Her studio was beautifully update with hardwood floors, high ceilings, gourmet kitchen with granite counter and stainless appliances, two closets and a large bathroom.

Other units in this building have sold for $380K+ for a one bedroom and up to $599K for 2 bedroom unit. We listed and sold this studio for $289,000 with no seller subsidy. Even over the holiday season, we were able to list and sell this unit for a great price for our client!

If you are interested in selling your condo or home, please contact us for a customize price and marketing plan!

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The Wethman Group’s Real Estate News

December  2016

Greetings!
Despite increasing interest rates, November closed home sales reached the highest November level since 2009, up 16.5% over last year and reached the highest median price since 2005. Inventories saw a double-digit decline for the fifth month in a row, to just slightly below the 5 year average, but well below the 10 year average, and 14% lower than this time last year. This shows buyers are still out and active, but have less to choose from. It’s a great time to sell! We expect this low inventory trend to continue through the winter months.
Interest rates have been creeping up steadily since the election, from 3.47% in late October to 4.16% this week. The long-predicted benchmark rate increase by the Federal Reserve was confirmed on Wednesday, December 14th, but has not yet affected home loan rates, which are more closely tied to long-term Treasury bonds. Last year following the only other bump in the benchmark rate in the last 10 years, we saw home loan interest rates drop after an initial increase. However, as Sean Becketti, Freddie Mac chief economist noted to the Washington Post, the uncertainty following the election makes the future hard to predict. “The consensus of the committee points to more rate hikes in 2017. However, the experience of this year combined with the policy uncertainty that accompanies a new Administration suggests a wait-and-see outlook… If rates continue their upward trend, expect mortgage activity to be significantly subdued in 2017.” We don’t have a crystal ball, but our bet aligns with a few experts that interest rates will continue to climb, but the ascent will remain slow and steady for the near future. If you’ve been considering buying in the next few years, please contact us so we can help think through the best strategy and timing for your needs.
Client Appreciation Event: Breakfast Movie Party with Santa
It was so wonderful to see all the clients and their little ones who joined us for Breakfast with Santa and Disney’s Moana. This is quickly becoming our favorite new holiday tradition.
As always, if you or someone you know has a real estate need, we’re here to help.  Wishing you all happy holidays and a bright start to the new year!
The Wethman Group
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520 John Carlyle St. #437 Alexandria, VA 22314

• 4th floor studio in prime Alexandria location overlooking courtyard
• 15ft+ ceilings with loft feel
• Ideal layout with alcove for bedroom
• Updated kitchen with maple cabinets, granite counters and stainless appliances and electric range
• Inviting living area with large picture windows
• Two large closets leading to bathroom, with plenty of storage
• Spacious master bath with granite counter, updated vanity and shower/bath tub combo.
• In-unit stacked washer and dryer
• Three building elevators for use
• 1 assigned underground garage parking spot
• $100/year pool membership available
• Various retail shops on main level of building including a Pho restaurant, dry cleaners, nail salon, on-site post office, etc.
• Beautiful landscaped courtyard
• Starbucks is located across the street.
• Whole Foods Market is just minutes away
• Convenient to Old Town Alexandria, King St Metro and more!

Email Katie@wethmangroup.com for more information or to set up a showing.

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3574 MARTHA CUSTIS DR #305, ALEXANDRIA, VA 22302

• Beautiful one bedroom end unit features a front porch and plenty of windows with lots of natural light.
• Gleaming hardwood floors throughout!
• Upgraded kitchen with granite counter tops and stainless steel appliances including NEW dishwasher and NEW microwave.
• Separate dining room for entertaining.
• Spacious and open living room with high ceilings.
• Master bedroom features dual closets and neutral carpet over hardwoods.
• Washer and dryer are located in the unit.
• Commuters delight with easy access to I-395, Rt. 1 and Rt. 7 and the DASH bus to the Pentagon.
• 5 miles to Ronald Regan International Airport.
• Blue and Yellow Metro lines at Braddock Rd.
• Close by shopping, dining and entertainment in The Village of Shirlington and access to the Washington & Old Dominion Trail.
• Heat, gas and water included!
• Amazing amenities include 3 outdoor pools, basketball, volley ball and tennis courts, party room, tot lots, exercise facility and laundry rooms.
• Historic Park Fairfax includes 22 acres of woodlands, trails and beautifully maintained grounds with large shade trees and landscaping.
• Listed on both the National Register of Historic Places and the Virginia Landmarks Register.
• Active community with planned outdoor jazz concerts, summer cookouts and holiday events. 


Email Katie@wethmangroup.com for more information or to set up a showing. 

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700 Blueberry Hill Rd, McLean VA

• Stately Colonial home in desirable Merrywood on the Potomac community.
• This home features 5 bedrooms and 4 1/2 bathrooms.
• Inviting foyer entrance and expansive floor plan.
• Separate formal dining room with wood burning fireplace, perfect for large tables and entertaining.
• Gracious living room off kitchen with sunny bay window overlooking the yard.
• Spacious gourmet kitchen with plenty of counter space, breakfast area with balcony and custom pantry.
• Office off of the foyer with custom wet-bar and built-in shelving can also be used as a study or den.
• Enviable master suite with attached full bathroom. dual-entry walk-in closet and additional second closet.
• Three generous sized bedrooms on upper level, with two full bathrooms.
• Lower-level features expansive family room with a fireplace, built-in wet bar for entertaining, additional 5th bedroom /home gym, full bathroom and huge storage room.
• Stunning private backyard with in-ground swimming pool, patio and extensive landscaped gardens.
• Over-sized 2 car garage with plenty of space for additional storage.
• Laundry room/mudroom conveniently located off of kitchen.
• Updates include: newer hot water heater & HVAC, slate roof and large double hung windows.
• This home is part of the section 2 cluster, and is only attached on one side.
• Ideal location minutes to the GW Parkway Chain Bridge Road, Tyson’s, Georgetown and Downtown DC.

Email Katie@wethmangroup.com for more information or to set up a showing.

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