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.
