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52°
Monday, nov 25
Tag:
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 Frederick County 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…
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
Family First: Buyer Goes Over Asking Price For Highly-Coveted $1.295M DC Listing
Location was everything for a new homeowner who was willing to go over the asking price for a Chevy Chase home that was conveniently located near family. A one-level home nestled along a tree-lined street on 4100 Ingomar St. NW in DC sold for $1.403 million after being listed by Robert Hryniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith of HRL Partners at Washington Fine Properties for $1.295 million, the realtors said. The 3,500-square-foot home was described as a unique property that was built in the 1920s, which is rare for the area. HRL Partners at Wa…
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…
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.
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