NOT LISTED FOR SALE

1001 Briggs Chaney Rd Silver Spring, MD 20905

Estimated Value: $551,511 - $988,000

Studio
1 Bath
-- Sq Ft
3 Acres

Last Sold May 03, 2023

Last sale price $560,000

Est. 22% increase in value since last sale

Current estimated payment $3,868/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • 3 Acre Lot
  • Private Lot
  • Cloverly Elementary School Rated A-
  • Property is near park
  • Wooded Lot

About This Home

As of May 2023

Offers due ASAP, offer registered. This 3-acre lot is a rare opportunity in today's market. While it comes with a structure in place, the home is in need of extensive work and is suitable only for those interested in rehab or new construction. The utilities are connected and ready for your vision.
It's important to note that due to the current condition of the property, an appointment is required to access the lot. Please do not enter the property without a scheduled appointment with the listing agent.
Despite the Circa 1860 "home's" current condition, this lot is nestled in the heart of a picturesque parkland setting surrounded by trees and greenery. While you explore the property, imagine the potential of building your dream home on this level lot. With a prime location just minutes from shopping, this peaceful oasis is the perfect place to escape from the stress of everyday life and enjoy the simple pleasures of nature.
Contact us today to schedule a showing and see the potential of this unique property. Buildings, sheds, etc all being sold as -is, owner makes no claims to home being livable nor status of use and occupancy permits.

Last Agent to Sell the Property

Joyce Meyerdirk-McKenzie

(443) 255-1644 joyce@urbanbrokers.com Urban Brokers, LLC Listed on: 04/24/2023

Last Buyer's Agent

Dustin Borzet

(240) 780-2212 Dustin.Borzet@Compass.com RLAH @properties

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,361

Year Built

  • Built in 1860

Lot Details

  • 3 Acre Lot
  • Chain Link Fence
  • Private Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Front and Side Yard
  • Property is zoned RE2C

Parking

  • Driveway

Home Design

  • Block Foundation
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 1 Full Bathroom
  • Property has 3 Levels
  • Views of Woods

Basement

  • Walk-Out Basement
  • Connecting Stairway

Location

  • Property is near park
  • Suburban Location

Schools

  • Cloverly Elementary School
  • Briggs Chaney Middle School
  • Northeast Area High School

Utilities

  • Public Hookup Available For Water
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bealls Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160502327388

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,361

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-04-24
  • Federal Flood Zone: No
  • Year Built: 1860
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Walkout Stairs
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log
  • Roof: Asphalt
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available, Cable Tv Available
  • Water Source: Public Hook-Up Available
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CLOVERLY
  • High School: NORTHEAST AREA
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Additional Parcels: No
  • Fencing: Chain Link
  • Improvement Assessed Value: 8600.00
  • Land Assessed Value: 263500.00
  • Lot Features: Backs - Parkland, Backs To Trees, Cleared, Front Yard, Level, Private, Sideyard(s), Trees/Wooded
  • Lot Size Acres: 3.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 130680.00
  • Zoning: RE2C
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13847639
  • Tax Annual Amount: 3361.00
  • Assessor Parcel Number: 160502327388
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 3, 2023
Sold by
E Alan Cameron Living Trust
Bought by
Green Generation Contractors Llc
Seller's Agent
Joyce Meyerdirk-McKenzie
Urban Brokers, LLC
Buyer's Agent
Dustin Borzet
RLAH @properties
List Price
$325,000
Sold Price
$560,000
Premium/Discount to List
$235,000
72.31%
Views
114
Current Estimated Value
$683,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,378
Avg. Annual Appreciation
7.71%
Original Mortgage
$400,000
Outstanding Balance
$388,938
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$294,440

Purchase Details

Closed on
Sep 1, 2020
Sold by
Cameron Eugene Alan
Bought by
Cameron E Alan E and Cameron Douglas Alan

Purchase Details

Closed on
Jun 8, 2000
Sold by
Cameron Eugene A
Bought by
Cameron Eugene A
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Green Generation Contractors Llc $560,000 Stewart Title Guaranty Company
Cameron E Alan E -- None Available
Cameron Eugene A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Generation Contractors Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $560,000 +72.3% --
04/27/2023 04/27/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $325,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $3,542 $272,100 $263,500 $8,600
2024 $3,542 $272,100 $263,500 $8,600
2023 $3,513 $272,100 $263,500 $8,600
2022 $2,193 $272,100 $263,500 $8,600
2021 $3,340 $272,100 $263,500 $8,600
2020 $6,649 $272,100 $263,500 $8,600
2019 $3,313 $272,100 $263,500 $8,600
2018 $3,524 $272,100 $263,500 $8,600
2017 $3,531 $272,100 $0 $0
2016 $3,567 $264,400 $0 $0
2015 $3,567 $256,700 $0 $0
2014 $3,567 $249,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2089914

Bright MLS

APN: 05-02327388