NOT LISTED FOR SALE

1006 Somerset Ln Silver Spring, MD 20904

Estimated Value: $821,000 - $831,000

4 Beds
3 Baths
2,736 Sq Ft
$302/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $750,000 $274 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,020/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • 1.05 Acre Lot
  • Private Lot
  • Dr. Charles R. Drew Elementary School Rated A
  • Wood Burning Stove
  • Recreation Room

About This Home

As of April 2021

Welcome Home! This custom-built contemporary rambler is definitely one-of-a-kind! If you are looking for privacy in a wooded setting that is still close to everything, this is the one for you! Features include cathedral ceilings with natural wood beams, exposed brick walls, hardwood floors, updated kitchen, large bedrooms with ample closet space, and an amazing patio. The main level offers a primary suite with full bath, 3 additional bedrooms, a second full bath with dual vanities, gorgeous kitchen with granite counters and stainless steel appliances, and a generous sized family room with wood burning stove. The lower level will wow you with a substantial recreation room, bonus room, full bath, and multiple storage rooms. This property offers dual driveways, perfect for storing that RV or boat and is wired for a generator. Updates include new roof (2019), 6 skylights replaced (2019), new water heater (2016), new doors (2013), new Anderson windows (2010), and a new geothermal furnace (2016). Fabulous location close to major routes. Come see it before its gone!

Last Agent to Sell the Property

Melissa Spaid-Decker

(301) 395-8082 mlsred1980@yahoo.com Keller Williams Realty Centre License #0645985 Listed on: 03/11/2021

Keller Williams Realty Centre

Last Buyer's Agent

Michael Shapiro

(301) 503-6171 michael.shapiro@compass.com Compass License #0225190862

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,032

Year Built

  • Built in 1956 | Remodeled in 2003

Lot Details

  • 1.05 Acre Lot
  • Private Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned RE1

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Bamboo
  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Basement with some natural light

Parking

  • 10 Parking Spaces
  • 8 Driveway Spaces
  • 2 Attached Carport Spaces

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Colesville Farm Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 24
  • Assessor Parcel Number 160500310888

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,032

Year Built

Built in 1956 | Remodeled in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-03-12
  • Federal Flood Zone: No
  • Year Built: 1956
  • Year Renovated: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Vinyl, Hardwood, Ceramic Tile, Bamboo
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Wet/Dry Bar, Wood Floors, Stove - Wood
  • Window Features: Skylights
  • Fireplace Features: Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Cathedral Ceilings, Dry Wall
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Recreation Room, Storage Room, Utility Room, Bathroom 1, Bonus Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Outside Entrance, Partially Finished, Side Entrance, Walkout Level
  • Total Sq Ft: 4352
  • Living Area Sq Ft: 2736
  • Price Per Sq Ft: 287.22
  • Above Grade Finished Sq Ft: 2176
  • Below Grade Finished Sq Ft: 560
  • Below Grade Sq Ft: 1616
  • Total Below Grade Sq Ft: 2176
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Asphalt Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Wood, Geo-Thermal
  • Heating Type: Wood Burn Stove, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 169600.00
  • Land Assessed Value: 317200.00
  • Lot Features: Backs To Trees, Front Yard, Private, Rear Yard, Sideyard(s), Trees/Wooded
  • Lot Size Acres: 1.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45758.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: RE1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13910105
  • Tax Annual Amount: 7032.00
  • Assessor Parcel Number: 160500310888
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 16, 2021
Sold by
Todd Patrick F and Wadsworth Jane Louise
Bought by
Manzer Tracy and Higginbotham Keith
Seller's Agent
Melissa Spaid-Decker
Keller Williams Realty Centre
Buyer's Agent
Michael Shapiro
Compass
List Price
$625,000
Sold Price
$750,000
Premium/Discount to List
$125,000
20%
Current Estimated Value
$826,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,430
Avg. Annual Appreciation
2.13%
Original Mortgage
$552,000
Outstanding Balance
$499,185
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$327,245

Purchase Details

Closed on
Jun 28, 2001
Sold by
Oliver Marion E and Oliver M J
Bought by
Todd Patrick F and Wadsworth Jane L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manzer Tracy $750,000 Assurance Title Llc
Todd Patrick F $337,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzer Tracy $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $750,000 0.0% $274 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/13/2021 03/13/21 Off Market $750,000 -- --
03/11/2021 03/11/21 For Sale $625,000 -- $228 / 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 $8,032 $647,867 -- --
2024 $8,032 $567,333 $0 $0
2023 $6,369 $486,800 $317,200 $169,600
2022 $6,074 $486,800 $317,200 $169,600
2021 $5,998 $486,800 $317,200 $169,600
2020 $13,232 $547,000 $317,200 $229,800
2019 $6,341 $525,133 $0 $0
2018 $5,560 $503,267 $0 $0
2017 $5,667 $481,400 $0 $0
2016 -- $458,400 $0 $0
2015 -- $435,400 $0 $0
2014 -- $412,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2000084

Bright MLS

APN: 05-00310888