Just Sold: Three Level Kingsbrooke Townhouse for $345,000

By
Real Estate Agent with Long and Foster REALTORS®, Gainesville, VA VA License # 0225089470
http://actvra.in/54sS

Just Sold:  Three Level Kingsbrooke Townhouse for $345,000

On March 4th (2017) I had the pleasure of listing 8843 Moat Crossing Place in Kingsbrooke for $340,000.  The townhouse had three fully finished levels, each with a bump out.  That gave it a ton of space.  The 8843 Moat Crossing Place in Bristow sold for $345,000 on May 8, 2017.entire main level had been renovated to include hardwood stairs.  The hardwoods were continued to the staircase to the basement and to the Master Suite.  The entire basement flooring had been updated to large ceramic tiles.  The little carpet that remained was replaced and the entire home painted.  Every bathroom had undergone spa-like remodels.  Other renovations included a new roof, new HVAC, new windows and new doors.    Did I mention it backed to a protected wooded area and had a nice big wood deck?

It wasn't surprising that this townhouse had three offers within twenty-four hours.  Some buyers, though wanting the home desperately, were not convinced it was worth the money.  They were seeing comparable sales for $330,000 and one for $335,000 and wondering what made this one different.  They didn't see the value in the renovations because the kitchen still didn't have granite counters.  Well, one buyer did.  That buyer came in at $345,000 and removed their appraisal contingency. To get that sales price, my seller had to wait for the buyer's condo to sell.  We talked over the risk vs. reward and the seller decided to go for it.

My Favorite Update was the renovation to the Master BathroomThe most trying part was waiting for the buyer's existing condo to go under contract.  Once that happened and were off toward settlement, all was fine.  Even the appraisal, though not a contingency in the buyer's contract, came in at the $345,000 sales price.  That's because I put together a list of those updates and renovations for the appraiser and showed him that the comparable sales didn't have those big ticket items newly installed.

On May 8th, this Kingsbrooke townhouse made history as the highest sales price the neighborhood had seen since May 2007.  In the last ten years, values have not gotten as high as this sale took Kingsbrooke townhouses.  

Oddly enough, I checked Zillow's estimated value of the townhouse today, even after putting in that it sold for $345,000.  Their "zestimate" is still showing just below $335,000.  Maybe it's the real estate geek in me, but I find that hilarious.  No Zillow, this townhouse just appraised and sold for $345,000.  It is most certainly worth $345,000.

Want to know how this Kingsbrooke townhouse sale affects your Bristow townhouse value?  Give me a call and I'll be happy to show you.  703-402-0037.

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Rainmaker
3,283,990
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding and Marketing

Congratulations Chris Anne on the sale of this townhome.  And better yet, making history with the highest sales price.  A

May 09, 2017 04:41 PM #1
Rainmaker
1,948,659
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

CONGRATULATIONS on the same of this home, Chris Ann!  Prices are going up in many places across the country!

May 09, 2017 05:03 PM #2
Rainer
242,420
Maria Sapio
Berkshire Hathaway Homesale Realty - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Congratulations on the recent sale of this townhome.  Wishing you continued success!

May 09, 2017 05:12 PM #3
Rainer
242,420
Maria Sapio
Berkshire Hathaway Homesale Realty - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Congratulations on the recent sale of this townhome.  Wishing you continued success!

May 09, 2017 05:13 PM #4
Rainmaker
2,391,253
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Congratulations hope to read ten mor posts like this from you, Endre

May 09, 2017 11:34 PM #5
Rainmaker
443,533
Tanya Van Blake-Coleman
Van Blake-Coleman Realty, St. Thomas/www.talk-to-Tanya.com - St Thomas, VI
Improving the Quality of Your Life

Congrats on your recent sale! Good luck getting a streak going.

May 10, 2017 05:07 AM #6
Rainmaker
1,970,050
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Hi Chris Ann... congratulations on this wonderful sale. This townhouse sounds like an awesome place to call home.

May 10, 2017 05:21 AM #7
Rainmaker
2,372,118
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale - Probate Broker

Congratulations Chris Ann on getting this townhouse sold!  Well done. Certainly something to celebrate. 

May 10, 2017 11:33 AM #8
Ambassador
2,476,518
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Chris Ann - Congratulations on your sale and a great job for your clients!

May 10, 2017 01:24 PM #9
Rainmaker
1,840,246
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

Wow three offers within 24 hours! That is awesome. Congratulations!

May 10, 2017 01:52 PM #10
Rainmaker
1,843,773
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

My new CMA report now includes a page with actual sales prices as compared to Zillow estimates for all of the comps, and it's a great tool. I can show sellers in detail how wrong Zillow is all of the time. Sometimes it's too high and sometimes it's too low, and the only thing that is ever RIGHT is the Goldilocks of real estate, your Realtor.

Congratulations, Chris Ann, on selling the all-time highest price for a Kingsbrooke townhouse.

May 10, 2017 06:44 PM #11
Rainmaker
765,944
Joanna Cohlan
Fresh Eyes For Your Home - Chappaqua, NY
Designing, Decorating & Staging Westchester Homes

Congratulations Chris Ann-this looks like a really lovely property!

May 15, 2017 02:47 PM #12
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Chris Ann Cleland

Associate Broker, Northern VA
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