NOT LISTED FOR SALE

1006 Laredo Rd Silver Spring, MD 20901

Estimated Value: $571,000 - $626,000

3 Beds
2 Baths
1,784 Sq Ft
$332/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $552,000 $309 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,599/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Workshop
  • Forest Knolls Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Sligo-Dennis Avenue Park

About This Home

As of September 2020

Expanded and updated charming Cape within minutes of Sligo Creek trail, Forest Glen Metro, Downtown Silver Spring, Takoma Park, and easy access to DC. Completely renovated table space kitchen includes a WOLF range, quartz counters, lots of cabinets! Details include original built ins, wood burning fireplace, oak hardwood floors. Separate dining room. Main level guest bedroom/den/office as well as main level full bath. Two LARGE bedrooms upstairs with beautiful tree top views. Basement with great finished space, as well as super handy workshop, freezer, laundry, and extra storage. Back yard is fully fenced, with deck, shed, mature plantings, hammock, and lots of space! Plenty of room for social distancing! HVAC system is recent.

Last Agent to Sell the Property

Suzanne DesMarais

(202) 641-5793 suzanne@bediz.com Compass License #BR98362664 Listed on: 08/21/2020

Compass

Last Buyer's Agent

Nathan Driggers

(202) 731-0974 nathan@driggersre.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1952

Lot Details

  • 7,110 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

Improved Basement

  • Connecting Stairway
  • Workshop

Utilities

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

Community Details

  • No Home Owners Association
  • Ballantrae Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 161301283118

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,118

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Improved, Workshop
  • Total Sq Ft: 2184
  • Living Area Sq Ft: 1784
  • Price Per Sq Ft: 343.21
  • Above Grade Finished Sq Ft: 1384
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 144300.00
  • Land Assessed Value: 213000.00
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7110.00
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14030926
  • Tax Annual Amount: 4118.00
  • Assessor Parcel Number: 161301283118
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 16, 2020
Sold by
Saunders Donald and Odle Jamie
Bought by
Olson Kimberly G and Olson Scott A
Seller's Agent
Suzanne DesMarais
Compass
Buyer's Agent
Nathan Driggers
Compass
List Price
$475,000
Sold Price
$552,000
Premium/Discount to List
$77,000
16.21%
Current Estimated Value
$593,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,024
Avg. Annual Appreciation
1.37%
Original Mortgage
$496,800
Outstanding Balance
$440,059
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$152,965

Purchase Details

Closed on
Dec 29, 2010
Sold by
Hamilton John
Bought by
Saunders Donald

Purchase Details

Closed on
Jul 18, 2003
Sold by
Safford Edward C
Bought by
Hamilton John

Purchase Details

Closed on
Feb 12, 2002
Sold by
Safford Edward C
Bought by
Safford Edward C
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
Olson Kimberly G $552,000 Kvs Title Llc
Saunders Donald $432,600 --
Hamilton John $285,000 --
Safford Edward C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Kimberly G $496,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $552,000 +16.2% $309 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $475,000 -- $266 / 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 $5,894 $494,100 $233,900 $260,200
2024 $5,894 $448,500 $0 $0
2023 $4,539 $402,900 $0 $0
2022 $3,904 $357,300 $213,000 $144,300
2021 $3,725 $346,967 $0 $0
2020 $7,151 $336,633 $0 $0
2019 $3,427 $326,300 $198,300 $128,000
2018 $3,321 $319,000 $0 $0
2017 $3,277 $311,700 $0 $0
2016 $2,972 $304,400 $0 $0
2015 $2,972 $303,167 $0 $0
2014 $2,972 $301,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC721900

Bright MLS

APN: 13-01283118