All about the Gables Market by Lise Howe, the Bethesda Condo Queen

By
Real Estate Agent with Keller Williams Capital Properties DC AB15253
https://activerain.com/droplet/5lmZ

WHAT IS THE MARKET LIKE AT

The Gables of Tuckerman Condominiums in Rockville MD 20852

This is a market report on the Gables of Tuckerman condominiums in Rockville, MD 20852.  

 

The Gables at Tuckerman Pool Lise Howe KWCP 2404015577The Gables is a popular community of condominiums just off Tuckerman Lane in Rockville Maryland.  The Gables has a variety of floorplans and sizes to choose from, including patio condominiums and two level homes.  Home sizes range from approximately 700 square feet for a one bedroom one bath to nearly 1300 square feet for a three bedroom three bath home.  

 

The community has a outdoor pool and an exercise room for the residents.  It is close to Metro, a public park, and tennis courts. There is lots of parking for residents in this tree shaded community, and it is very pet friendly!  With its gazebos, waterfalls, ponds and migratory birds, the Gables seems like a community in the country, but it is just five minutes from I-270 and a short drive to shopping at Pike and Rose on the Rockville Pike and Wildwood Shopping Center with Balducci's, Starbucks, South Moon Under and lots of other options. 

 

This report contains a summary of activity for the first half of 2019 with a comparison to 2016.  Since the statistical information in The Gables Lise Howe 240-401-5577 KWCPthis report has been collected from our local multiple listing service it may not contain all the the transactions in the community.

 

2019 Market

In November 2019 there are two active listings on the market. If you are looking for space, you might consider 5812 Inman Park Circle with three bedrooms and three baths, listed for sale for $395,000.  According to the listing agent with Long and Foster, this is a modern 2-level condo, updated kitchen & baths with over 1,200sq/ft of living space. The living room has hardwood floors, a gas fireplace and private balcony. You have one bedroom and a  full bath on main level. Downstairs; there are two bedrooms and two bathrooms. Everyone loves the quiet park like setting with community pool, tennis courts, fitness center, party room.

10821 Hampton Mill Terrace is a two bedroom two bath condo listed for $369,000.  This condo has been reduced by $10,000.  There is hardwood flooring on main living area and a wood burning fireplace.  The kitchen has granite countertops, stainless appliances and cherry cabinets,  The bedrooms are on the lower level.  You don't want to miss the custom master bath with River Rock Feature and Overhead Rain Shower.

In the last six months nine homes have sold and one is pending.  The least expensive one to sell is a one bedroom one bath condo with 811 square feet that sold for $255,000. The most expensive to sell in the last six months is 5715 Chapman Mill Drive with 1017 square feet and two bedrooms and two baths.  It sold for $379,000.

Four one bedroom one bath condos sold in the last six months in addition to five two bedroom two bath units.

2018 Market in Brief

 

2016 Market

As of June 2016 there are four active listings in the MLS including two one bedroom units and two two bedroom units. 

 

10815 Hampton Mill Terrace, #110 is a one bedroom condo with 811 sq feet on two levels listed for $234,900 as a professionally negotiated short sale. It has hard wood floors and a wrap around balcony - a great bargain at this price!

 

5705 Chapman Mill  Drive #350 is a two bedroom two and a half bath condo with almost 1100 square feet on two levels listed for $379,000. It has wonderful views of the ponds and gazebo from the living room area (which has a fireplace to complete your enjoyment). The balcony, updated kitchen with granite, and two bedrooms each with its own bath and walk in closet are other features that set this unit apart. 

 

5704 Chapman Mill Drive #106 is an updated first floor two bedroom two bath bank owned property

listed for $374,900. 

 

10721 Hampton Mill Terrace #212 is a two level one bedroom condo listed for $249,900 with new 

carpet, new paint, a new kitchen with sunken sink, tile backsplash, granite counters and a balcony. 

 

 

 

 

At present there are two homes under contract - a two bedroom listed for $350,000 and a one bedroom 

listed for $260,000.  

6 one bedroom units have sold in the last 6 months ranging in size from 724 to 828 square feet on one or two levels.  Prices ranged from $239,000 to $260,000. 

4 two bedroom two and a half bath condos have sold in the last six months.  These units all are 1083 square feet in size and ranged in price between $356,000 and $383,000.  With a condo fee of $375 a month, these spacious condos clearly add up to great value.  5 two bedroom two bath units sold in the last six months.  These condos ranged in size from 1017 square feet to 1038 square feet.  Prices for these two bedroom two bath condos ranged between $370,000 and $386,500 in the first half of 2016.

The largest condo that has sold since the beginning of the year was a three bedroom three bath unit that sold for $381,000.  It had 1288 square feet of living space and was on the market for 44 days before someone realized what a good opportunity it was to move to the Gables! 

WHAT IS YOUR HOME WORTH AT THE GABLES?

If you have a home at the Gables already and want to know the value of your home, just click here!  We here at the Lise Howe Group think the Gables is a wonderful community and would love to help you with the sale of your home!

 

SELLING YOUR HOME AT THE GABLES

If you have a home to sell at the Gables we should definitely talk! We are always looking for homeowners who are ready to move! Please give us a call at 240-401-5577 or email us at lise@lisehowe.com to receive a market evaluation of your home at the Gables  With recent movements in the Bethesda real estate market, you may be pleasantly surprised by the value of your home. Find out Howe Real Estate Should Be when you talk with the Lise Howe Group.

There are a number of sites on the internet that will give you 'estimates' for what your home will sell for. These sites use public records and usually some kind of algorithm to try to produce a value for your home. These sites also publicly state their 'error rates'. That means they aren't correct, they are simply an estimate based on incomplete date. We would love to do a free comparitive market analysis of your home or condo in Bethesda (or anywhere else in the market area) and let you know what could expect to get in today's market if you are considering selling. Our valuation is based on up to the day data for homes that have recently sold in the area. Our valuation is not based on a formula that relies on public records which can take months to update. Please visit my website in order to get your free property evaluation for your Bethesda home or condo.

 

 

The Gables The Lise Howe Group KWCP 240-401-5577

 

 

 

 

 

 

 

 

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Rainmaker
3,697,296
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning again Lise. I didn't know condos were your specialty. This community sounds very special.

Nov 13, 2019 05:16 AM #1
Rainmaker
3,370,982
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Lise. I have got the Gables of Tuckerman covered for those who request information. I'll give them your phone number. Job done! Enjoy your day!

Nov 13, 2019 05:16 AM #2
Rainmaker
3,218,511
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Lise... what a lovely setting for the Gables of Tuckerman. And its location seems to be first-rate for those looking to have an active lifestyle.

Nov 13, 2019 05:24 AM #3
Rainmaker
3,247,004
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Lise,  Great information by you as always that I am sure buyers and sellers would like

 

Nov 13, 2019 07:59 AM #4
Rainmaker
2,652,843
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

When I think about the Gables, I immediately think of the Bethesda Condo Queen!

Nov 13, 2019 10:31 AM #5
Rainmaker
4,580,196
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Lise,

What an informative post on the Gables of Tuckerman.  I hope you get lots of calls.  A

Nov 13, 2019 03:15 PM #6
Rainmaker
1,720,311
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Ron and Alexandra Seigel - thanks for your kind comments!  I hope I get lots of calls too! LOL - have a great week

Nov 13, 2019 06:56 PM #7
Rainmaker
1,720,311
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Sheila Anderson - about 3 years ago one of the contests here in the Rain was to focus on what your goal was for the year upcoming - what niche would you conquer- and I decided that I wanted to specialize in bethesda Condos - 3 years later, I am trying to do just that.

Nov 13, 2019 06:57 PM #8
Rainmaker
1,720,311
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Wayne Martin - Lise Courtney is certainly discovering a new aspect of COLD - she was in Boston when they had so much snow that the city had to wait until July to say good bye to the last of the snow - and now she is in Chicago!

Nov 13, 2019 06:58 PM #9
Rainmaker
1,720,311
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Nina Hollander - Thanks - I hope you are having a great week! 

Nov 13, 2019 06:59 PM #10
Rainmaker
1,720,311
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Will Hamm - you should come to DC/Bethesda for a visit - maybe I can sell you a Bethesda condo! LOL

Nov 13, 2019 07:00 PM #11
Rainmaker
1,720,311
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Brian England - I always love getting comments from you!  How is your week going?

Nov 13, 2019 07:00 PM #12
Rainmaker
3,000,003
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Lise.

Last time I checked there are still 35 condos in our five county area.  All of them have been on the market a long time

Nov 14, 2019 01:06 AM #13
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Lise Howe

Assoc. Broker in DC, MD, VA and attorney in DC
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