In the Gambrills Saddlebrooke neighborhood bordering Odenton, five homes have sold in the last six months.
Saddlebrooke has been shaking off the real estate doldrums the past few months, with five homes sold in the community since October 2012. Average home prices in the neighborhood have dropped each of last two years, however, as the regional market for properties valued $500,000 or more remains fairly soft.
|
Homes Sold in Saddlebrooke |
||||
|
2010 |
2011 |
2012 |
2013 |
|
| No. Homes Sold |
5 |
1 |
6 |
2 |
| Foreclosures/Short Sales Sold |
1 |
0 |
1 |
1 |
| Avg. List Price of Homes |
$607,658 |
$689,900 |
$631,450 |
$584,950 |
| Avg. Sold Price of Homes |
$584,100 |
$640,000 |
$616,167 |
$540,000 |
| Avg. Sold/List Price Ratio |
96% |
93% |
98% |
92% |
| Avg. Days on Market |
217 |
154 |
109 |
200 |
While home prices in the community are down, it’s worth noting that two of the most recent Saddlebrooke home sales – 1408 Travers Court and 1334 Bluegrass Way — were short sales. Interestingly, the two short-sale properties are the only five-bedroom homes to sell in Saddlebrooke since 2010.
The five-bedroom home at 215 Heatherbloom Trail currently is for sale at $689,900.
|
Homes Sold in Saddlebrooke 2012-2013 |
||||||||||
|
MLS No. |
Address |
Short Sale? |
List Price |
Sold Price |
Closing Date |
BR |
BA |
FP |
Gar |
Days on Market |
| AA7963765 | 1504 Winfields Ln |
No |
$579,900 |
$550,000 |
1/31/13 |
4 |
3.5 |
1 |
2 |
249 |
| AA7789033 | 1408 Travers Ct |
Yes |
$590,000 |
$530,000 |
1/21/13 |
5 |
3.5 |
1 |
2 |
150 |
| AA7919333 | 1334 Bluegrass Way |
Yes |
$579,000 |
$570,000 |
12/28/12 |
5 |
3.5 |
1 |
2 |
8 |
| AA7874182 | 1529 Winfields Ln |
No |
$599,900 |
$599,000 |
11/28/12 |
4 |
3.5 |
1 |
2 |
118 |
| AA7912069 | 1339 Bluegrass Way |
No |
$675,000 |
$643,000 |
10/4/12 |
4 |
3.5 |
1 |
2 |
28 |
| AA7728342 | 1539 Winfields Ln |
No |
$599,900 |
$600,000 |
7/31/12 |
4 |
3.5 |
1 |
2 |
389 |
| AA7768059 | 211 Heatherbloom Tr |
No |
$645,000 |
$635,000 |
6/18/12 |
3 |
2.5 |
2 |
2 |
77 |
| AA7769350 | 1326 Bluegrass Way |
No |
$689,900 |
$650,000 |
4/18/12 |
4 |
4.5 |
1 |
2 |
36 |
It’s also important to note how long the homes recently sold in Saddlebrooke were on the market. Of the eight properties most recently sold, three sold within a month or so, three were on the market between two and five months and two languished on the market for eight months or more.
Saddlebrooke Homes Currently for Sale
Three of Saddlebrooke’s 122 homes currently are listed for sale. The descriptions below come from the MLS listings for each property.
|
Homes Currently for Sale in Saddlebrooke |
|||||||
|
MLS No. |
Address |
List Price |
BR |
BA |
FP |
Gar |
Days on Market as of 4/10/13 |
| AA8047990 | 1525 Winfields Lane |
$630,000 |
4 |
2.5 |
1 |
2 |
4 |
| AA8026997 | 215 Heatherbloom Trail |
$689,900 |
5 |
4.5 |
1 |
2 |
31 |
| AA8020439 | 202 Heatherbloom Trail |
$759,000 |
4 |
4.5 |
1 |
2 |
40 |
● 1525 Winfields Lane:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=2833594X4VTT&p=DE-195961853-737
Well-maintained, with a formal living room, dining room, office, family room & two-story foyer, all on main level. Upgraded kitchen with stainless steel appliances, granite counters & premium cabinets. The four BRs include a master with sitting room & luxury bath. Huge unfinished basement, paver patio & one-year home warranty.
● 215 Heatherbloom Trail:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=2833594X4VTT&p=DE-195961813-375
Stafford model with two-story foyer. Includes hardwood floors & gourmet kitchen. Maintenance-free deck with retractable awning & gazebo. Four BRs & four full BAs, plus powder room. Buddy bath on second level. Two-story family room with gallery overlook. Huge master bedroom with deluxe garden bath. Very large rec. room with wet bar. Extensive paver patio & landscaping.
● 202 Heatherbloom Trail:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=2833594X4VTT&p=DE-195961733-946
Features a grand two-story foyer, hardwood floors, large formal living room and dining room. Gourmet kitchen with GE Profile/Monogram appliances. Family room with Mendota gas FP. Master bath is newly remodeled with tile and glass. Large walk-in closet. Screened porch off of kitchen. Fully finished lower level with kitchenette. Custom heated saltwater 18,800 gallon pool.
Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship Realty (1216 Annapolis Rd., Odenton.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).
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