Seller's Agent in 2023
Tamrat Hailemariam
Smart Realty, LLC
(240) 755-3627
1 in this area
12 Total Sales
1006 Venice Dr Silver Spring, MD 20904
Estimated Value: $622,937 - $673,000
5
Beds
3
Baths
2,268
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1 Fireplace
- Level Entry For Accessibility
- Springbrook High School Rated A-
- No HOA
- Central Heating and Cooling System
About This Home
As of June 2023Spacious brick 4-level home in a sought-after neighborhood in Silver Spring, MD! When you walk into this home you will be greeted by hardwood floors with tons of natural light flooding through the living area. There is a brand new kitchen with a granite top island on the main floor. There are three large bedrooms upstairs with a remodeled full bathroom in the hallway. The master bedroom has two large closets and a full bathroom en suite. Downstairs has been remodeled and there is a brand new kitchen, living area, 2 large bedrooms, and a full bathroom. There is a private entrance to this area from outside which makes it perfect for guests, renters, or an in-law suite. The large basement has tons of unrealized potential with walk-out access to the fenced-in yard. The basement partially finished . Brand new heating and cooling system getting insalled, we are removing the gas boiler from the basment . Offer deadline Sunday 3/26/23 @ 6 pm. Conventional, FHA, Cash is acceptable. A home full of love and pride with an opportunity to be yours! Conveniently located near I-495, ICC 200, US-29, and minutes away from the US-FDA, New Adventist Hospital, and massive re-development project on Tech Rd.
***Brand new heating and cooling system installed, we are removing the gas boiler from the basment and all baseboard unit. The basment is under constraction /partially finised. Conventional
Last Agent to Sell the Property
(240) 755-3627 realtywondeye@gmail.com Smart Realty, LLC Listed on: 03/21/2023
Last Buyer's Agent
(240) 705-0157 bebeka@kw.com Keller Williams Preferred Properties License #SP200205350
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,805
Year Built
- Built in 1960
Lot Details
- 0.29 Acre Lot
- Property is zoned R90
Parking
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Property has 4 Levels
- 1 Fireplace
- Basement with some natural light
Bedrooms and Bathrooms
Accessible Home Design
- Level Entry For Accessibility
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- East Springbrook Subdivision
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 160500335434
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2023
Closed on
Jun 5, 2023
Sold by
Elilo Tesfahun
Bought by
Tsakam Agatte
Seller's Agent
Tamrat Hailemariam
Smart Realty, LLC
Buyer's Agent
Brice Ebeka
Keller Williams Preferred Properties
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Views
137
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,484
Avg. Annual Appreciation
2.54%
Original Mortgage
$579,500
Outstanding Balance
$564,117
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$87,367
Purchase Details
Listed on
Dec 29, 2022
Closed on
Jan 27, 2023
Sold by
Woods Kristine Ann
Bought by
Tesfahun Elilo and Tamrat Hailemariam Tamrat
Seller's Agent
Amir Forghani
Long & Foster Real Estate, Inc.
Buyer's Agent
Bezouwork Kassegne
Smart Realty, LLC
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.17%
Original Mortgage
$441,750
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 1991
Bought by
Woods Floyd G and K A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tsakam Agatte | $610,000 | Stewart Title Guaranty Company | |
| Tsakam Agatte | $610,000 | Stewart Title Guaranty Company | |
| Tesfahun Elilo | $465,000 | Kensington Realty Title | |
| Woods Floyd G | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tsakam Agatte | $579,500 | |
| Closed | Tsakam Agatte | $579,500 | |
| Previous Owner | Tesfahun Elilo | $441,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $610,000 | +1.8% | $269 / Sq Ft | |
| 05/18/2023 05/18/23 | For Sale | $599,000 | -1.8% | $264 / Sq Ft | |
| 04/13/2023 04/13/23 | Off Market | $610,000 | -- | -- | |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- | |
| 03/21/2023 03/21/23 | For Sale | $599,000 | +28.8% | $264 / Sq Ft | |
| 01/28/2023 01/28/23 | Sold | $465,000 | -7.0% | $205 / Sq Ft | View Prior Sale |
| 01/06/2023 01/06/23 | Pending | -- | -- | -- | |
| 12/29/2022 12/29/22 | For Sale | $499,900 | -- | $220 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,782 | $511,933 | -- | -- |
| 2024 | $5,782 | $449,467 | $0 | $0 |
| 2023 | $5,730 | $387,000 | $222,000 | $165,000 |
| 2022 | $1,442 | $387,000 | $222,000 | $165,000 |
| 2020 | $0 | $407,700 | $222,000 | $185,700 |
| 2019 | $2,573 | $385,767 | $0 | $0 |
| 2018 | $4,019 | $363,833 | $0 | $0 |
| 2017 | $3,906 | $341,900 | $0 | $0 |
| 2016 | -- | $341,900 | $0 | $0 |
| 2015 | -- | $341,900 | $0 | $0 |
| 2014 | -- | $345,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tamrat Hailemariam
-
Amir Forghani
Seller's Agent in 2023
Amir Forghani
Long & Foster
(301) 704-8778
4 in this area
80 Total Sales
-
Brice Ebeka
Buyer's Agent in 2023
Brice Ebeka
Keller Williams Preferred Properties
(240) 705-0157
1 in this area
51 Total Sales
-
Bezouwork Kassegne
Buyer's Agent in 2023
Bezouwork Kassegne
Smart Realty, LLC
(301) 996-3676
1 in this area
10 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2086414
APN: 05-00335434
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