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Tuesday, nov 5
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Real Estate
Business
Here's Who Rank As The Richest Maryland Billionaires In New Forbes 400 Report
Former and current sports team owners are among the richest in Maryland, though everyone is still chasing the renowned Lerner family, according to Forbes' most recent ranking of the richest people in America. With an estimated net worth of $5.8 billion, 94-year-old Annette Lerner and her family, which owns the Washington Nationals, as well as Lerner Enterprises in Rockville, are the most wealthy in Maryland, the new report states, though they are being rapidly approached by other moguls in Maryland. According to the report, "Lerner Enterprises is among the largest owners of real estate in t…
Business
'Super Mom' Claims $500K 'Powerball Double Play' Prize On Ticket Sold At Maryland Wawa
Wednesday was a lucky day for Lottery players in Maryland - one "Super Mom" in particular - who cashed in big on a $500,000 Powerball Double Play ticket sold at an area Wawa. The sixth second- or third-tier Double Play winning ticket sold in 2024 has been claimed just days after the fateful drawing on a ticket that was sold at Wawa in the 5400 block of Urbana Pike in Frederick. The winning numbers for the Wednesday, Sept. 25 drawing were 06-32-51-62-69 with a Power Ball of 26. This week, the Frederick County winner, going only by the moniker "Super Mom," was in Lottery Headquarters to coll…
Police & Fire
Military Man Discovers Fire That Destroyed Maryland Home Recently Listed For Sale
A Southern Maryland home recently put on and taken off the market was completely destroyed by a blaze that was discovered by a man from a nearby military base, according to the Fire Marshal. Multiple agencies were called early on Monday morning to investigate a fire in St. Ignigoes, where there was a reported house fire. Upon arrival, crews were met by flames showing from the residence, with smoke billowing throughout the area. The fire was reported at around 5:30 a.m. on Sept. 9 in the 47700 block of Sunset Manor Lane, after it was discovered by an officer on the nearby military base. It…
Real Estate
40-Foot Pool Among Selling Points For Potomac Home That Sold Over Asking Price For $1.86M
Hard work paid off for a team of realtors who overhauled a Maryland home, selling for more than $60,000 over the asking price. A buyer just had to have a Potomac home at along 9117 Potomac Station Lane, sitting on an unusually large parcel of land for the neighborhood that sold for $1.86 million, above the $1.799 million listing price, The five-bedroom, 5.5-bathroom custom-built 6,350-square-foot home had been listed with Robert Hryniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith of HRL Partners of Washington Fine Properties. According to the realtors, the…
Real Estate
'Creating A Castle:' Rare Georgetown Condo Sells For 23 Percent Over Asking Price
A homeowner who fell in love with a unique condo in Georgetown just had to have it — for $260,200 over asking price. The condo at 1527 30th St. NW in Washington, DC was initially listed for $1.098 million, listing agents Robert Hryniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith of HRL Partners at Washington Fine Properties said. But the smitten buyer went above and beyond for the two-bedroom, two-bathroom property, which closed at $1.36 million, or 23 percent over asking, the listing agents said. "In this super tight inventory marketplace in DC, it's not uncommon to …
Real Estate
Divine
Deal
: Cemetery Included In Sale Of Shuttered Maryland Church
Call it divine deal or a Christmas coincidence, a Maryland church is up for sale. By the way, it's got a wet bar. The former Hyattstown United Methodist Church, which held its last service in August, is on the market for $799,000 on Loopnet. The 4,000-square-foot specialty building near the Frederick County line on Route 355 in Clarksburg is divided by three land parcels which include a small church with a "simple" sanctuary and hall; a former parsonage with modular classrooms; and a cemetery, the listing says. Conveyed with the space are an organ and piano, a "wet bar" kitchen,…
Real Estate
NBA Star's Mega Mansion In Maryland Sells For $1 Million Under Asking Price (
Look
Inside
)
A Maryland mansion formerly home to a 30-year-old NBA star has sold for about $1 million under asking price. Bradley Beal's home at 8913 Holly Leaf Lane hit the market last fall, after the three-time All-Star was traded from the Wizards to the Phoenix Suns. The 13,482-square-foot Bethesda estate was listed for approximately $10 million but sold for $9.1, Zillow shows. It features nine bathrooms, six bedrooms, a four car garage, as well as two basketball courts for good measure sitting on nearly 14,000 square feet. The home was built by Winmar Construction and includes a "true indoor-…
Real Estate
Rite Aid Is Selling These Maryland Leases After Filing For Bankruptcy
The leases of all six Rite Aid stores in Maryland that are closing amid the recent bankruptcy filing are being sold. A&G Real Estate Partners is acting as the real estate advisor for the pharmacy chain, which filed for bankruptcy on Oct. 15, and has plans to close 154 underperforming stores nationwide. The deadline for the following leases for in Maryland is Monday, Nov. 20: 5808 Ritchie Highway, Baltimore 5 Bel Air South Parkway, Bel Air 728 East Pulaski Highway, Elton 7501 Ritchie Highway, Glen Burnie The deadline for the following leases for in Pennsylvania is Wednesday, Dec. 20: …
Business
Five Maryland Billionaires Make Forbes 400 List Of 'Richest In America'
Maryland is home to five of the richest people in America, according to Forbes. In the last year, two have made money, two have lost money, and one is brand-new to the list. The residents on the Forbes 400, the definitive list of the richest people in the nation, are worth $4.5 trillion in total, tying the 2021 record, according to the business outlet. The Maryland billionaires on the list are: 161. Annette Lerner & family, of Chevy Chase, are new to the list, and are worth $6.5 billion. According to Forbes, in 1952, Lerner, now 93 years old, lent $250 to her 26-year-old husband, Ted…
Real Estate
Bradley Beal's Maryland Home Hits The Market For $10M After Trade From Washington Wizards
Former Washington Wizards star Bradley Beal is reportedly selling his Maryland home for a cool $10 million. The Bethesda home on Holly Leaf Lane has hit the market after the three-time All-Star was traded from the Wizards to the Phoenix Suns in a three-team deal over the summer. According to the realtors looking to sell the mansion, it includes nine bathrooms, six bedrooms, a four car garage, as well as two basketball courts for good measure sitting on nearly 14,000 square feet. The home was built by Winmar Construction and includes a "true indoor-outdoor lifestyle home," they said, clai…
Real Estate
Georgetown Home Of JFK, Jackie Kennedy Hits The Market For $2M
History buffs who have a cool $2 million dollars burning a hole in their pockets can now potentially own a piece of Washington, DC history. The former home of President John F. Kennedy and Jackie Kennedy is up for sale on Dent Place in Northwest DC, with a starting price of $2 million, which is believed to be the first property they signed a lease for as a married couple. According to Compass Real Estate agent Michael Brennan, Jr., who posted the listing, the couple signed that lease for the four-bathroom, four-bedroom home as newlyweds in December 1953. The pair were married months before…
Sports
Washington Nationals Owner Ted Lerner, Who Brought Baseball Back To His Hometown, Dies At 97
Ted Lerner, the man who brought a World Series title to DC with the Washington Nationals and Montgomery County native has died at the age of 97. A real estate mogul who made his millions after founding one of the largest development companies in the region, Lerner purchased the Nationals from Major League Baseball for a reported $450 million after their transition from the Montreal Expos in 2006. He died on Sunday, Feb. 12 at his Montgomery County home in Chevy Chase. Lerner was born in DC in 1925 and worked as an usher at Griffith Stadium to help foster his passion for baseball, accord…
Real Estate
Asking Price Of Maryland Mansion Is Five Times More Than Average Area Listing
A Cecil County mansion with a backyard oasis is going for $1.799 million — nearly five times the amount of an average listing in the area. Located at 116 Liddell Road in Colora, the home hit the market at $2.2 million in November 2022, according to its Zillow listing. The average price of a Cecil County home as of December 2022 was $311,000, according to Redfin. 116 Liddell Road, Colora.Patterson-Schwartz Real Estate/Bright MLS 116 Liddell Road, Colora.Patterson-Schwartz Real Estate/Bright MLS The house spans 9,014 square feet and sits on 3.86 acres, with a nine-car garage, six bedro…
Real Estate
Silver Spring Apartment Complex Sold To Baltimore Affordable Housing Developer In $20M Deal
A Maryland real estate company is paying a pretty penny to improve its foothold in Silver Spring with a new multi-million dollar purchase. Baltimore-based Enterprise Community Development (ECD), a nonprofit owner and developer of affordable homes, has purchased the 87-unit multi-family Parkside Terrace on Easley Street for $20 million (or slightly less than $230,000 per unit), Transwestern Real Estate Services announced. According to Transwestern Executive Vice President Robin Williams, “the property has been well managed by long-term owners allowing ECD and its partners to preserve natura…
Real Estate
'Own Baltimore History:' Tupac's Teenage Home In Maryland Listed For Sale At $179K
A piece of hip-hop history can be had in the heart of Charm City as legendary rapper Tupac Shakur’s childhood home in Baltimore sits on the market waiting for the right buyer to come along. Redfin has listed Shakur’s home in the 3900 block of Greenmount Avenue (also known as “Tupac Shaker Way”) for sale at $179,000, where the Rock and Roll Hall of Famer spent many of his formative years before making it big in California in 1988. Born in New York, Tupac attended Roland Park Middle School and Paul Laurence Dunbar High School before transferring to the Baltimore School of the Arts, where he …
News
Strangers Moved Into Maryland Couple's New Home And Won't Leave: Report
A Maryland couple is coming forward with their story after they say squatters moved into their newly purchased home and are refusing to leave, reports WUSA 9. The couple's realtor, Melea King, states that at least two men moved into the home on Dragoo Place in Prince George's County, and placed signs up to stay away, blocking the couple from moving into their home. When the men were confronted about moving into the previously vacant and foreclosed on home, they presented the new owners with what police say was a bogus lease, the outlet continues. At least one Prince George's County police o…
Real Estate
Most Expensive Home In Baltimore County Listed At $12M
The most expensive home in Baltimore County is listed at $12 million, according to a Zillow listing. The massive four-bedroom seven-bathroom smart home located in the desirable Caves Valley Golf Club in Owings Mills is nestled on five acres, includes a wine room, and has not one, but two oversized three-car garages. The features do not stop there as the backyard offers one of the most expansive pools in the community, an outdoor fireplace, an exterior kitchen, and water features. To take a look at this beautiful home on Zillow, click here.
News
Virginia Home With Basement Squatter Sells For $805,000
A Virginia home that comes with an unconventional twist has been taken off the market. The Mantua listing in Fairfax went viral after the social media account Zillow Gone Wild posted a video detailing the description of the home — including the basement dweller. The description of the home on Zillow explained that there would be no access to the lower level walk-out basement, due to a squatter living there that would be expected to come with the house. The basement dweller convinced the elderly seller to allow her to stay after cleaning his home three years ago, and never left or paid rent…
News
Men Drop Sex Assault Suits Against Retired Bergen Judge Turned Fox Analyst Andrew Napolitano
Two men have dropped their lawsuits accusing disgraced former Bergen County judge turned Fox News analyst Andrew Napolitano of sexually assaulting them. Napolitano, who was fired from Fox last August amid accusations of sexually harassing employees, had already made headlines this week for selling his condo at Trump International Hotel & Tower on Central Park West. Then came reports, first published in the New Jersey Law Journal, that Charles Corbishley and James Kruzelnick had withdrawn their suits accusing Napolitano of sexual abuse three decades apart. Napolitano also dropped a lib…
Real Estate
Sprawling Baltimore County Estate With Backyard Oasis Listed At $3.7M
A 16,000-square-foot Baltimore County home with a stunning backyard oasis is listed at $3.7 million. The home is located in the Hayfields, Hunt Valley's golf course community and is four levels with eight bedrooms and 11 bathrooms. "Whatever you have been imagining, they realized it," the Zillow listing says. "Complete with waterfall, water slide, and spa for hours of bliss in the water. Lounge in the wading area, read a book, splash, and soak in the sound system. Swim in the glow of the LED lighting." The backyard also boasts a fire pit, views of the Western Run Valley, a billi…
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