Seller's Agent in 2022
Susan Kirn
Compass
(443) 465-2912
10 in this area
156 Total Sales
1 Franklin Ave Silver Spring, MD 20901
Indian Spring NeighborhoodEstimated Value: $778,000 - $845,000
4
Beds
3
Baths
2,310
Sq Ft
$347/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Cape Cod Architecture
- Recreation Room
- Highland View Elementary School Rated A
- Deck
- Wood Flooring
About This Home
As of April 2022This thoughtfully upgraded, move-in ready, brick Cape Cod home sits on a picturesque corner lot, 5 minutes to downtown Silver Spring. Enter through the covered entryway into the hardwood foyer offering double closets and a glimpse of the sunlit open-concept main level. The living room features a fireplace with an open flow to the dining area and the updated kitchen highlighted by quartz countertops, white cabinetry and stainless-steel appliances. Moving through the family room, pass through the archway to the bright and airy all-season sunroom offering a peaceful retreat with backyard views. An adjacent first floor bedroom offers a ceiling fan and spacious closet space. The upgraded full bathroom includes an on-trend vanity and light fixture as well as a tiled shower and linen closet completes the main level of the home. Moving upstairs, the second level hosts two additional bedrooms offering hardwood floors, ceiling fans and ample closet space. A second on-trend full bathroom and additional storage space completes the second level. The newly remodeled lower level offers a spacious family room with stone countertop and beverage fridge. The fourth bedroom includes LVP flooring, closet space, and an attached full bathroom with modern fixtures. Enjoy egress to the backyard, as well as the attached one car garage. Extensive hardscaping gives this home the high-end curb appeal a homeowner is sure to love. The home affords access to the fully fenced backyard from both the kitchen as well as the lower level. The location offers convenience with less than a mile to the Silver Spring Metro Station and future Purple Line station. Also nearby are major commuter routes, parks, the YMCA, Whole Foods, local farmers market, restaurants, shops, and so much more!***Awesome Features***Picturesque corner lot with private 2-car driveway and garage***Open concept home with an abundance of natural light***Hardwood floors, on-trend paint palette and designer finishes throughout***Upgraded kitchen with quartz countertops and stainless steel appliances ***New Flagstone hardscaping***All-season sunroom with street and backyard views***Lower level with spacious family room, mini bar and walkout access to the fenced backyard***Located near local parks, trails, shopping and restaurants***WELCOME HOME!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,961
Year Built
- Built in 1938 | Remodeled in 2019
Lot Details
- 7,892 Sq Ft Lot
- Property is Fully Fenced
- Extensive Hardscape
- Corner Lot
- Property is in excellent condition
- Property is zoned R60
Parking
- 1 Car Direct Access Garage
- 2 Driveway Spaces
- Rear-Facing Garage
- Garage Door Opener
- Stone Driveway
- On-Street Parking
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Aluminum Siding
- Chimney Cap
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Fireplace Mantel
- Brick Fireplace
- Replacement Windows
- Window Screens
- Family Room Off Kitchen
- Living Room
- Dining Room
- Den
- Recreation Room
Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Self-Cleaning Oven
- Stove
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Connecting Stairway
- Interior and Exterior Basement Entry
- Basement Windows
Outdoor Features
- Deck
- Patio
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Indian Spring Hills Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 161301214463
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2019
Closed on
Jul 10, 2019
Sold by
Csm Real Estate Group Llc
Bought by
Charles Patrick J and Charles Nadejda Demiscan
Seller's Agent
Chris Martinez
Fairfax Realty Premier
Buyer's Agent
Lisa Brady
Long & Foster Real Estate, Inc.
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,000
Avg. Annual Appreciation
5.77%
Original Mortgage
$536,750
Outstanding Balance
$470,241
Interest Rate
3.82%
Mortgage Type
VA
Estimated Equity
$330,759
Purchase Details
Closed on
Aug 10, 2018
Sold by
Lyons Barbara Jean and The Estate Of Gladys Cliff Spa
Bought by
Csm Real Estate Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
4.6%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Charles Patrick J | $565,000 | Rgs Title | |
| Csm Real Estate Group Llc | $250,000 | District Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Charles Patrick J | $536,750 | |
| Previous Owner | Csm Real Estate Group Llc | $406,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/25/2022 04/25/22 | Sold | $775,000 | +13.1% | $335 / Sq Ft | |
| 03/07/2022 03/07/22 | Pending | -- | -- | -- | |
| 03/04/2022 03/04/22 | For Sale | $685,000 | +21.2% | $297 / Sq Ft | |
| 07/18/2019 07/18/19 | Sold | $565,000 | -2.6% | $270 / Sq Ft | View Prior Sale |
| 06/06/2019 06/06/19 | Pending | -- | -- | -- | |
| 05/29/2019 05/29/19 | Price Changed | $579,900 | -3.2% | $277 / Sq Ft | |
| 05/02/2019 05/02/19 | For Sale | $599,000 | -- | $287 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,014 | $614,367 | -- | -- |
| 2024 | $7,014 | $545,800 | $265,000 | $280,800 |
| 2023 | $6,074 | $526,200 | $0 | $0 |
| 2022 | $5,552 | $506,600 | $0 | $0 |
| 2021 | $5,269 | $487,000 | $265,000 | $222,000 |
| 2020 | $5,013 | $466,900 | $0 | $0 |
| 2019 | $5,448 | $446,800 | $0 | $0 |
| 2018 | $4,714 | $426,700 | $265,000 | $161,700 |
| 2017 | $4,350 | $412,200 | $0 | $0 |
| 2016 | -- | $397,700 | $0 | $0 |
| 2015 | -- | $383,200 | $0 | $0 |
| 2014 | -- | $383,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Kirn
-
Natalie Perez
Seller Co-Listing Agent in 2022
Natalie Perez
Compass
(301) 674-1581
12 in this area
157 Total Sales
-
Megan Shapiro
Buyer's Agent in 2022
Megan Shapiro
Compass
(202) 329-4068
1 in this area
69 Total Sales
-
Chris Martinez
Seller's Agent in 2019
Chris Martinez
Fairfax Realty Premier
(240) 793-2615
12 Total Sales
-
Lisa Brady
Buyer's Agent in 2019
Lisa Brady
Long & Foster
(301) 742-5472
42 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2039522
APN: 13-01214463
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