[MD] Bethesda - What will this Glen Echo Heights house ultimately sell for?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

[Anonymous]

I think it will sell for very close to the current price. $1.485M-$1.5M

[Anonymous]

Anonymous wrote:Why no photos of bedrooms and bathrooms?

Seriously. There aren't anywhere near enough photos for this listing.

[Anonymous]

If you go to the virtual tour link you will see more photos and floor plans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

It is semi prolific with NIMBYs. My fav two are of the old grocery store at the bottom of Walhonding and MacArthur can no longer be a store or turned into something else. They like they look but don't want the traffic. There was also a dilapidated two bedroom one bath log cabin home that an investor bought it they slapped a historic tag on it. It was basically a shed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

It is semi prolific with NIMBYs. My fav two are of the old grocery store at the bottom of Walhonding and MacArthur can no longer be a store or turned into something else. They like they look but don't want the traffic. There was also a dilapidated two bedroom one bath log cabin home that an investor bought it they slapped a historic tag on it. It was basically a shed.

I believe people live in the "store" at the bottom of MacArthur. They just kept the signage as a nod to history. NIMBYs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

It is semi prolific with NIMBYs. My fav two are of the old grocery store at the bottom of Walhonding and MacArthur can no longer be a store or turned into something else. They like they look but don't want the traffic. There was also a dilapidated two bedroom one bath log cabin home that an investor bought it they slapped a historic tag on it. It was basically a shed.

I believe people live in the "store" at the bottom of MacArthur. They just kept the signage as a nod to history. NIMBYs.

Neighborhood gossip is it is the original owner's son or something.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

It is semi prolific with NIMBYs. My fav two are of the old grocery store at the bottom of Walhonding and MacArthur can no longer be a store or turned into something else. They like they look but don't want the traffic. There was also a dilapidated two bedroom one bath log cabin home that an investor bought it they slapped a historic tag on it. It was basically a shed.

I believe people live in the "store" at the bottom of MacArthur. They just kept the signage as a nod to history. NIMBYs.

Neighborhood gossip is it is the original owner's son or something.

The owners are part of Rembrandt Builders, perhaps the ugliest designs in the Glen Echo Heights/Mohican Hills area. They weren't allowed to significantly alter the old store building or take down the sign.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

Yes. There are some real heaps in Glen Echo Heights, including one illegally occupied unfinished structure. The owner lives in part of the attic and the rest is used as a storage building for junk. The problem is that Glen Echo Heights has no rules.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

It is semi prolific with NIMBYs. My fav two are of the old grocery store at the bottom of Walhonding and MacArthur can no longer be a store or turned into something else. They like they look but don't want the traffic. There was also a dilapidated two bedroom one bath log cabin home that an investor bought it they slapped a historic tag on it. It was basically a shed.

I believe people live in the "store" at the bottom of MacArthur. They just kept the signage as a nod to history. NIMBYs.

Neighborhood gossip is it is the original owner's son or something.

The owners are part of Rembrandt Builders, perhaps the ugliest designs in the Glen Echo Heights/Mohican Hills area. They weren't allowed to significantly alter the old store building or take down the sign.

I rather like their work.

http://rembrandtbuilders.com/finished-homes/6604-seven-locks/index.html

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

It is semi prolific with NIMBYs. My fav two are of the old grocery store at the bottom of Walhonding and MacArthur can no longer be a store or turned into something else. They like they look but don't want the traffic. There was also a dilapidated two bedroom one bath log cabin home that an investor bought it they slapped a historic tag on it. It was basically a shed.

I believe people live in the "store" at the bottom of MacArthur. They just kept the signage as a nod to history. NIMBYs.

Neighborhood gossip is it is the original owner's son or something.

The owners are part of Rembrandt Builders, perhaps the ugliest designs in the Glen Echo Heights/Mohican Hills area. They weren't allowed to significantly alter the old store building or take down the sign.

I rather like their work.

http://rembrandtbuilders.com/finished-homes/6604-seven-locks/index.html

Mnice house horrible location. They lowered the price multiple times to sell that house. I think it was on the market for over 1yr

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

It is semi prolific with NIMBYs. My fav two are of the old grocery store at the bottom of Walhonding and MacArthur can no longer be a store or turned into something else. They like they look but don't want the traffic. There was also a dilapidated two bedroom one bath log cabin home that an investor bought it they slapped a historic tag on it. It was basically a shed.

I believe people live in the "store" at the bottom of MacArthur. They just kept the signage as a nod to history. NIMBYs.

Neighborhood gossip is it is the original owner's son or something.

The owners are part of Rembrandt Builders, perhaps the ugliest designs in the Glen Echo Heights/Mohican Hills area. They weren't allowed to significantly alter the old store building or take down the sign.

I rather like their work.

http://rembrandtbuilders.com/finished-homes/6604-seven-locks/index.html

Mnice house horrible location. They lowered the price multiple times to sell that house. I think it was on the market for over 1yr

It did take awhile to sell last time on the market. It is abutted by houses on all sides, including an abandoned mess immediately next door. It would be a great house at the right price but you would need to invest in some seriously creative landscaping.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have toured the house. It is really quite beautiful inside with nice finishes. It is different than some of the other larger homes in Glen Echo Heights and Mohican Hills in that it isn't cavernous with lots of dead space. Having said that, I agree. It started way too high. My guess is that it will go for 1.35 to 1.45. A beautiful neighborhood but there seems to be an abandoned small house next door that is practically falling over. Somewhat typical for the neighborhood--beautiful homes next to wrecks.

Next to 3/4 of a million dollar wrecks waiting to be flipped

True enough. The difficulty is getting the owners to part with the properties even when no longer lived in. I've heard that is a bit of an issue in Glen Echo Heights.

It is semi prolific with NIMBYs. My fav two are of the old grocery store at the bottom of Walhonding and MacArthur can no longer be a store or turned into something else. They like they look but don't want the traffic. There was also a dilapidated two bedroom one bath log cabin home that an investor bought it they slapped a historic tag on it. It was basically a shed.

I believe people live in the "store" at the bottom of MacArthur. They just kept the signage as a nod to history. NIMBYs.

Neighborhood gossip is it is the original owner's son or something.

Watch the price drop another 100k.

The owners are part of Rembrandt Builders, perhaps the ugliest designs in the Glen Echo Heights/Mohican Hills area. They weren't allowed to significantly alter the old store building or take down the sign.

I rather like their work.

http://rembrandtbuilders.com/finished-homes/6604-seven-locks/index.html

Mnice house horrible location. They lowered the price multiple times to sell that house. I think it was on the market for over 1yr

It did take awhile to sell last time on the market. It is abutted by houses on all sides, including an abandoned mess immediately next door. It would be a great house at the right price but you would need to invest in some seriously creative landscaping.

[Anonymous]

I'm the OP. Am I reading right that the house next door to the Glen Echo house I linked to at the start of this thread is abandoned? That might be a factor in why the owners of the nice house are selling only two years after buying it.

[Anonymous]

Anonymous wrote:I'm the OP. Am I reading right that the house next door to the Glen Echo house I linked to at the start of this thread is abandoned? That might be a factor in why the owners of the nice house are selling only two years after buying it.

The owners could be selling for any number of reasons. The fact is that the house next door is empty and dilapidated. Eventually those situations go away, but I would think that any potential buyer would want to get all the details on what is going on before buying. I would be just as concerned about the house on the other side, which is basically built in the front lawn of the listed house.