Provided by Tom Reilly, REALTOR & McLean Hamlet resident owner since 1998
Low inventory leads to a sale price of $1,651,000, as buyers continue to aggressively bid for homes.
Another McLean Hamlet home has sold for an amazing price after multiple offers were submitted. This home with 4 bedrooms and two full baths on the upper level, and an additional bedroom and full bath in the basement set a high price for 2022 sales in the neighborhood. It was listed for sale on April 21, for an asking price of $1,600,000.
An off-market transaction closed this week in the McLean Hamlet. The home at 7710 Falstaff Court sold for $1,550,000. This home underwent extensive renovation after it was purchased in October 2019, for $1,025,000. The recent sale price is a $525,000 increase in just 30 months.
This transaction was conducted as an office exclusive listing by EXP Realty of Ashburn. An office exclusive listing is one in which the seller requests that a listing not be entered into the MLS. Per the rules of BRIGHT MLS, an Office Exclusive listing cannot be marketed to anyone outside of the brokerage firm. This includes all communication beyond your brokerage firm, including one-to-one communication via email, web, social media, or text.
The low inventory of homes for sale and rising home prices is turning buyers into renters as seen with multiple rental applications received for 1330 Macbeth Street in the McLean Hamlet.
Multiple rental applications were received for this home that just underwent a major renovation. The home at 1330 Macbeth Street was rented for $5,000/month, for 27 months.
New sale listing to be available in April
The home at 1320 Banquo Court has been listed as Coming Soon, for sale at a price of $1,300,000. The listing by EXP Realty in Washington, DC, states that the home will be available on April 7.
The home sold most recently in February, 2018, for $850,000. That sale price was the below market as the home was undergoing renovations that were not complete when that sale was completed. The photo of the home in this post is from 2018.
McLean Hamlet home sale update: 7705 Lear Road sells for $1,240,000.
The sale of 7705 Lear Road, listed for sale on February 7, 2022, for $1,210,000, has closed. The home sold for $1,240,000. It was on the market for just 6 days before going under contract.
Multiple buyers submitted offers for 1308 Capulet Court which resulted in a sale of $1,400,000, which is $200,000 above the list price.
The seller received $200,000 over the list price of $1,200,000 for the sale of this split foyer. Foxcraft Design of Falls Church had extensively renovated this home, with an expansion off the back of the home and a renovation of the lower level that made this home an entertainer’s dream. Listed by EXP Realty of Ashburn on 2/2/2022, the sale closed on 2/22/2022.
| I am pleased to share a listing in the McLean Hamlet that will be available on February 17. This home has just undergone a complete renovation from top to bottom inside. 1330 Macbeth Street is now like new. A colonial in the McLean Hamlet with four bedrooms upstairs, and two full bathrooms up, with two additional half baths. This home underwent a complete overhaul after a tenant of more than a decade moved out. Every surface and fixture in the home has been upgraded. The kitchen has new stainless steel appliances, new cabinets, counters, and floors. The primary bath features a vanity with two sinks and a glass enclosed shower stall. The hallway bathroom also features a vanity with two sinks, as well as a tub/shower combination. There are new fixtures in the half baths on the main and lower levels. New flooring on all three levels, with refinished oak hardwood floors on main and upper level, and luxury vinyl plank in the basement. Langley High, Cooper Middle, and Spring Hill Elementary. Spring Hill Elementary is conveniently located at the end of Macbeth Street. McLean Hamlet Park is located across the street from this home, and other popular amenities close by include Falstaff Park, Hamlet Swim & Tennis Club, the Spring Hill Recreation Center with indoor pool, fitness center, indoor track, multisport court. Hamlet Swim Club membership & fees are not included in rent, it is the tenant’s responsibility to join the club. Available for rent on February 17, for $5,000/month. |
McLean Hamlet Sales Update
1328 Elsinore Avenue listed for sale on October 21, for $1,299,000, featuring 6 bedrooms and 4 bathrooms sold on November 17, for $1,350,000. The home was listed by EXP Realty in Ashburn and the buyer was represented by Keller Williams Realty, Reston.
New listing in the McLean Hamlet.
A home in the McLean Hamlet was listed for sale on October 21, priced at $1,299,900. 1328 Elsinore Avenue has 6 bedrooms, 4 bathrooms, and a private flat back yard according to the listing in BRIGHT MLS. The home is listed by EXP Realty in Ashburn.
McLean Hamlet home under contract after 9 days on the market.
The sale price was $1,185,000. It was listed on September 10, for $1,169,900, and went under contract quickly, then back on the market, and then under contract again on September 19.
McLean Hamlet Real Estate Snapshot 