NOT LISTED FOR SALE

10016 Lorain Ave Silver Spring, MD 20901

South Four Corners Neighborhood

Estimated Value: $592,000 - $681,000

3 Beds
2.5 Baths
1,376 Sq Ft
$466/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $540,000 $392 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,925/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Screened Porch
  • Montgomery Knolls Elementary School Rated A
  • No HOA
  • Living Room

About This Home

As of February 2021

This home is located at 10016 Lorain Ave, Silver Spring, MD 20901 since 12 February 2021 and is currently estimated at $640,728, approximately $465 per square foot. This property was built in 1948. 10016 Lorain Ave is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Silver Spring International Middle School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 02/12/2021

Last Buyer's Agent

Deborah Gerald

(301) 873-0422 debbie@gobrentrealty.com Compass License #645018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,074

Year Built

  • Built in 1948

Lot Details

  • 7,131 Sq Ft Lot
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • South Four Corners Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 161301107573

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,074

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Screened Porch
  • Basement: Yes
  • Basement Type: Fully Finished, Partially Finished
  • Total Sq Ft: 1764
  • Living Area Sq Ft: 1376
  • Price Per Sq Ft: 459.18
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Finished Sq Ft: 200
  • Below Grade Sq Ft: 388
  • Total Below Grade Sq Ft: 588
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10016

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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

  • Refuse: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 130200.00
  • Land Assessed Value: 198400.00
  • Land Use Code: 011
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7131.00
  • Year Assessed: 2020
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14014204
  • Tax Annual Amount: 4074.00
  • Assessor Parcel Number: 161301107573
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 1376
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/12/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Feb 12, 2021
Sold by
Ramsey Paul Ridenhour and Ramsey Michelle Pasquale
Bought by
Hurley Brian and Sosebee Kelley
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Deborah Gerald
Compass
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$640,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,728
Avg. Annual Appreciation
3.74%
Original Mortgage
$432,000
Outstanding Balance
$387,257
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$251,732

Purchase Details

Listed on
Sep 21, 2018
Closed on
Jan 25, 2019
Sold by
Smith Paul Deborah and The Des Revocable Trust
Bought by
Ridenhour Ramsey Paul and Ramsey Michelle Pasquale
Seller's Agent
Betty Batty
Compass
Buyer's Agent
Deborah Gerald
Compass
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$418,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2015
Sold by
Paul Deborah S
Bought by
Smith Paul Deborah and Des Revocable Trust
Source: Public Records

Range of Values:

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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
Hurley Brian $540,000 Kvs Title Llc
Ridenhour Ramsey Paul $465,000 Multiple
Smith Paul Deborah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Brian $432,000
Previous Owner Ridenhour Ramsey Paul $418,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $540,000 0.0% $392 / Sq Ft
02/12/2021 02/12/21 For Sale $540,000 +16.1% $392 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
01/25/2019 01/25/19 Sold $465,000 -6.8% $299 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $499,000 +7.3% $321 / Sq Ft
09/21/2018 09/21/18 Off Market $465,000 -- --
09/21/2018 09/21/18 For Sale $499,000 -- $321 / 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 $6,498 $546,400 $213,100 $333,300
2024 $6,498 $508,867 $0 $0
2023 $5,357 $471,333 $0 $0
2022 $4,668 $433,800 $213,100 $220,700
2021 $3,568 $398,733 $0 $0
2020 $6,439 $363,667 $0 $0
2019 $2,870 $328,600 $198,400 $130,200
2018 $2,843 $328,600 $198,400 $130,200
2017 $3,546 $328,600 $0 $0
2016 $3,243 $331,900 $0 $0
2015 $3,243 $331,900 $0 $0
2014 $3,243 $331,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Gerald

    Buyer's Agent in 2021

    Deborah Gerald

    Compass

    (301) 873-0422

    1 in this area

    73 Total Sales

    Deborah Gerald
    Section Image
  • Betty Batty

    Seller's Agent in 2019

    Betty Batty

    Compass

    (301) 832-7609

    7 in this area

    112 Total Sales

    Betty Batty
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC744452

Bright MLS

APN: 13-01107573

Maryland Montgomery County Silver Spring 20901 South Four Corners

10016 Lorain Ave, Silver Spring, MD

This home is located at 10016 Lorain Ave, Silver Spring, MD 20901 since 12 February 2021 and is currently estimated at $640,728, approximately $465 per square foot. This property was built in 1948. 10016 Lorain Ave is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Silver Spring International Middle School.

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