Wheaton Real Estate Analysis

The Three Great Roads


Wheaton developed from Leesborough (named in 1826), a business district which popped near the junction of three major roads: The first is Brookeville Pike (also known as the “Washington-Brookeville Pike” and later as the “Union Turnpike”, now MD Route 97, Georgia Ave) a north/south toll thoroughfare running from Washington, DC to Brookeville, Maryland and eventually to Baltimore, Maryland.

The second road, Veirs Mill Road (MD Route 586, named after a grist and sawmill built on Rock Creek by Samuel Clark Veirs in 1838[1]), was one portion of a much longer thoroughfare connecting westwards to Rockville, Maryland and thence towards the Potomac River and subsequently to Virginia via ferry crossings. This was also known as the “City Road” in Rockville, and around the time of the American Civil War it was known also as the “New Cut Road.”[2][3]

The last of these roads was known as Old Bladensburg Road (now MD Route 193, University Boulevard) which, as it does in present day, connected Georgetown, Bethesda, Chevy Chase, and Bladensburg.[4]

Mitchell’s Crossroads


The business district subsequently became known as Mitchell’s Crossroads in the 1860s referring to Mitchell’s Tavern which was located at northeast corner of Union Turnpike (renamed from Brookeville Pike) and Old Bladensburg Road. Mitchell’s Tavern was thought to be over 100 years old in 1865 and stood until 1940 when it was destroyed by a fire.[4]

In October 1869, the post office was renamed in honor of General Frank Wheaton by the area’s first Postmaster George F. Plyer who served as a Private under Gen. Wheaton in 1861 during the American Civil War. Gen. Wheaton had become a local folk hero when he successfully defended Washington, DC and nearby Fort Stevens from an attack by Confederate General Jubal Early on July 11–12, 1864.[4]

Demographic shifts


In the 1950s the area was developed with Cape Cod, ranch houses, and split level homes owned by white affluent families. Now more of the aging housing stock is rented by a diverse population. This table shows the subsequent shift in demographics:[5]
Wheaton MD Census data
Year White Hispanic Asian Black Multiracial
1990 61% 13% 10% 15%  [5]
2000 38% 29% 12% 17% 6%
2010 26% 42% 12% 18% 5%

 

 

 

 

 
Between 2000 and 2010, Wheaton’s Hispanic population has increased from 29% to 42%. In the past couple of years, since the collapse of the real estate market, high number of properties owned by Hispanics have been repossessed by lenders. Most of these homes were sold and then renovated by investors to be resold to professional White start up families.

Features


Wheaton is home to the Wheaton Regional Park, which includes a nature center; riding stables; dog park; a picnic area with carousel and miniature train; an athletic complex with tennis bubble, ice rink, in-line skating rink, and ball fields; and Brookside Gardens, Montgomery County’s award-winning 50-acre (200,000-m²) public display garden. Much of Wheaton was developed in the 1950s. In the 1960s its shopping center, Wheaton Plaza (now known as Westfield Wheaton), was the largest in the Maryland suburbs of Washington, D.C. Wheaton is also home to the Wheaton Regional Public Library. The Wheaton Volunteer Rescue Squad is located in the Central Business District and is one of the busiest (11,000 calls in 2007) predominantly volunteer fire departments in Montgomery County. The diversity of the neighborhood is reflected by the high concentration of various ethnic restaurants located in Wheaton, as well as in the composition of the student body of Wheaton High School (school website), part of the Montgomery County Public Schools (MCPS website) and located near the intersection of Connecticut Avenue and Randolph Road.

It is served by the Red Line of the Washington Metro system. Spanning 508 feet (155m), the Wheaton Metro station has the longest escalator in the Western Hemisphere.[6][7]

Since Wheaton has the highest location in the Washington, DC area, it was also the home of the first television license in the United States. Using the call sign W3XK, Charles Francis Jenkins began broadcasting from his home at the corner of Windham Lane and Georgia Ave.[4][8] starting on July 2, 1928.[9]

Designation as a Maryland Arts and Entertainment District


Wheaton has been designated by the State of Maryland as an Arts and Entertainment District, joining Silver Spring and Bethesda as the third district in Montgomery County to receive the distinction. The Arts and Entertainment District designation provides artists working in that area with an income tax break. Developers who create spaces for artists to live and work can be exempt from paying certain property taxes on the value of the renovations for up to 10 years. Designated districts are exempt from admissions and amusement taxes. [10]

For More Information about Wheaton Visit http://en.wikipedia.org/wiki/Wheaton,_Maryland

Wheaton Real Estate Listings

Active Listings in Wheaton

11601 ELKIN ST, Unit 60 Wheaton, MD 20902
Photo of 11601 ELKIN ST, Unit 60, Wheaton, MD 20902 (MLS # MC8410795)
3 beds 2 baths 1,585 sqft $275,000
11404 NORRIS DR Wheaton, MD 20902
Photo of 11404 NORRIS DR, Wheaton, MD 20902 (MLS # MC8388960)
4 beds 2 baths $445,000
11359 KING GEORGE DR, Unit 9 Wheaton, MD 20902
Photo of 11359 KING GEORGE DR, Unit 9, Wheaton, MD 20902 (MLS # MC8385807)
2 beds 2 baths 1,120 sqft $309,900
2606 WEISMAN RD Wheaton, MD 20902
Photo of 2606 WEISMAN RD, Wheaton, MD 20902 (MLS # MC8383538)
4 beds 2 baths $260,000
2908 Hardy Ave Wheaton, MD 20902
Photo of 2908 Hardy Ave, Wheaton, MD 20902 (MLS # MC8356384)
3 beds 2 baths $0
2034 University Blvd #6 Wheaton, MD 20902
Photo of 2034 University Blvd #6, Wheaton, MD 20902 (MLS # MC8344098)
3 beds 3 baths 1,760 sqft $0
2904 Lindell Ct Wheaton, MD 20902
Photo of 2904 Lindell Ct, Wheaton, MD 20902 (MLS # MC8329710)
3 beds 2 baths 1,700 sqft $0
2701 BYRON ST Wheaton, MD 20902
Photo of 2701 BYRON ST, Wheaton, MD 20902 (MLS # MC8330277)
5 beds 3 baths $380,000
11010 Amherst Ave Wheaton, MD 20902
Photo of 11010 Amherst Ave, Wheaton, MD 20902 (MLS # MC8292100)
3 beds 4 baths 2,360 sqft $0
11325 King George Dr #1 Wheaton, MD 20902
Photo of 11325 King George Dr #1, Wheaton, MD 20902 (MLS # MC8261872)
2 beds 2 baths 2,109 sqft $0
11328 King George Dr #10 Wheaton, MD 20902
Photo of 11328 King George Dr #10, Wheaton, MD 20902 (MLS # MC8237910)
3 beds 4 baths 1,760 sqft $0
11310 King George Dr #5 Wheaton, MD 20902
Photo of 11310 King George Dr #5, Wheaton, MD 20902 (MLS # MC8180251)
2 beds 2 baths $0
11367 King George Dr #5 Wheaton, MD 20902
Photo of 11367 King George Dr #5, Wheaton, MD 20902 (MLS # MC8109343)
2 beds 2 baths 1,120 sqft $0
11418 Grandview Ave Wheaton, MD 20902
Photo of 11418 Grandview Ave, Wheaton, MD 20902 (MLS # MC8089236)
3 beds 4 baths $0
11434 Grandview Ave Wheaton, MD 20902
Photo of 11434 Grandview Ave, Wheaton, MD 20902 (MLS # MC8071945)
3 beds 4 baths 2,020 sqft $0

Sold Listings in Wheaton

2908 Hardy Ave Wheaton, MD 20902
Photo of 2908 Hardy Ave, Wheaton, MD 20902 (MLS # MC8356384)
3 beds 2 baths $0
2034 University Blvd #6 Wheaton, MD 20902
Photo of 2034 University Blvd #6, Wheaton, MD 20902 (MLS # MC8344098)
3 beds 3 baths 1,760 sqft $0
2904 Lindell Ct Wheaton, MD 20902
Photo of 2904 Lindell Ct, Wheaton, MD 20902 (MLS # MC8329710)
3 beds 2 baths 1,700 sqft $0
11010 Amherst Ave Wheaton, MD 20902
Photo of 11010 Amherst Ave, Wheaton, MD 20902 (MLS # MC8292100)
3 beds 4 baths 2,360 sqft $0
11325 King George Dr #1 Wheaton, MD 20902
Photo of 11325 King George Dr #1, Wheaton, MD 20902 (MLS # MC8261872)
2 beds 2 baths 2,109 sqft $0
11328 King George Dr #10 Wheaton, MD 20902
Photo of 11328 King George Dr #10, Wheaton, MD 20902 (MLS # MC8237910)
3 beds 4 baths 1,760 sqft $0
11310 King George Dr #5 Wheaton, MD 20902
Photo of 11310 King George Dr #5, Wheaton, MD 20902 (MLS # MC8180251)
2 beds 2 baths $0
11367 King George Dr #5 Wheaton, MD 20902
Photo of 11367 King George Dr #5, Wheaton, MD 20902 (MLS # MC8109343)
2 beds 2 baths 1,120 sqft $0
11418 Grandview Ave Wheaton, MD 20902
Photo of 11418 Grandview Ave, Wheaton, MD 20902 (MLS # MC8089236)
3 beds 4 baths $0
11434 Grandview Ave Wheaton, MD 20902
Photo of 11434 Grandview Ave, Wheaton, MD 20902 (MLS # MC8071945)
3 beds 4 baths 2,020 sqft $0

Wheaton School Data

Wheaton School Districts

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Wheaton Schools

Pathways School – Springville Re-Entry
9-12, private