NOT LISTED FOR SALE

1001 Downs Dr Silver Spring, MD 20904

Estimated Value: $659,000 - $748,000

5 Beds
5 Baths
3,096 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $407,600 $132 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,196/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Family Room Off Kitchen
  • Springbrook High School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of March 2014

Solid house on large lot (20,711 sq ft) with 5 bedrooms and 3 full baths on upper level. Living room, dining room, table-space kitchen and family room with brick fireplace and powder room on main level. Recreation room with bar in lower level, powder room. Laundry room and work-shop. Convenient to shopping,schools and recreation. House sold "as is" condition. Estimated property tax 2014 $4527

Last Agent to Sell the Property

Joan Norris

(301) 229-4000 joan.norris@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 01/29/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

John Young

(301) 732-5867 john@metrodcforsale.com RE/MAX Excellence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,627

Year Built

  • Built in 1966

Lot Details

  • 0.48 Acre Lot
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Improved Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • 2 Attached Carport Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160500335957

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,627

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Icemaker, Microwave, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Table Space, Dining Area, Master Bath(s), Laundry Chute, Window Treatments, Wet/Dry Bar, Floor Plan - Traditional
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Sump Pump, Full, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 3698
  • Living Area Sq Ft: 3096
  • Price Per Sq Ft: 160.38
  • Above Grade Finished Sq Ft: 2494
  • Below Grade Finished Sq Ft: 602
  • Below Grade Sq Ft: 602
  • Total Below Grade Sq Ft: 1204
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Carport
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 159000.00
  • Land Assessed Value: 216900.00
  • Lot Size Acres: 0.48
  • Lot Size Area: 20711
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20711.00
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13840209
  • Tax Annual Amount: 4627.10
  • Assessor Parcel Number: 160500335957
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2014
Closed on
Mar 17, 2014
Sold by
Venable David C and Venable Betty G
Bought by
Spencer Sean and Spencer Merianne
Seller's Agent
Joan Norris
Long & Foster Real Estate, Inc.
Buyer's Agent
John Young
RE/MAX Excellence Realty
List Price
$399,999
Sold Price
$407,600
Premium/Discount to List
$7,601
1.9%
Current Estimated Value
$691,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,873
Avg. Annual Appreciation
4.58%
Original Mortgage
$387,220
Outstanding Balance
$292,717
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$398,756
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Spencer Sean $407,600 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Sean $387,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2014 03/17/14 Sold $407,600 +1.9% $132 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $399,999 -- $129 / Sq Ft
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 $6,955 $596,433 -- --
2024 $6,955 $551,367 $0 $0
2023 $5,721 $506,300 $238,500 $267,800
2022 $3,839 $476,267 $0 $0
2021 $4,703 $446,233 $0 $0
2020 $2,448 $416,200 $238,500 $177,700
2019 $2,447 $408,933 $0 $0
2018 $2,451 $401,667 $0 $0
2017 $2,496 $394,400 $0 $0
2016 -- $388,233 $0 $0
2015 $4,069 $382,067 $0 $0
2014 $4,069 $375,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joan Norris

    Long & Foster

    Section Image
  • John Young

    Buyer's Agent in 2014

    John Young

    RE/MAX

    (301) 732-5867

    3 in this area

    136 Total Sales

    John Young
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002819036

Bright MLS

APN: 05-00335957

Maryland Montgomery County Silver Spring 20904

1001 Downs Dr, Silver Spring, MD

Not Listed for Sale

Detached

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