Seller's Agent in 2024
Ronni Cannady
Samson Properties
(443) 301-4972
1 in this area
79 Total Sales
1007 Arcola Ave Silver Spring, MD 20902
Estimated Value: $649,000 - $741,000
6
Beds
3.5
Baths
2,888
Sq Ft
$243/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Wood Burning Fireplace
- Engineered Wood Flooring
- Central Air
- Heat Pump System
About This Home
As of June 2024Beautifully renovated Colonial in the highly sought after Kemp Mill Estates subdivision. Every piece of this home was completely redone. You walk into a well lit foyer that leads to an open family room with a wood burning fireplace, separate dining room w/ original hardwoods that shows you a view of your private back yard. The huge eat in kitchen w/ exposed wood beams includes 42 inch soft close cabinets, exquisite backsplash which compliments the lux lam flooring, low profile 5 burner gas stove w/ matching stainless steel appliances, certainly a space for entertaining. Once you head Upstairs you'll see hardwood flooring throughout & enjoy a spacious Owners suite with a special nook for reading or relaxing, the ceramic tiled glamorous bathroom will also keep you content. The remaining 3 bedrooms are of a nice size and will have no problem fitting any furniture. A complete en-law suite in the basement which includes a living area, 2 legal bedrooms w/ egress exits, a kitchenette with a standard sized dishwasher and fridge. Minutes to an abundance of dining, shopping, & entertainment venues, including Downtown Bethesda, Westfield Wheaton Shopping Center, and Downtown Silver Spring. Loads of recreation! Perfect for commuters due to being less than 5 miles to the DC line, 495 and very close to Glenmont & Wheaton Metro Station. Seller prefers to use Cardinal Title.
Last Agent to Sell the Property
(443) 301-4972 ronni@barclayrealestateanddesign.com Samson Properties License #670005 Listed on: 05/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,775
Year Built
- Built in 1965 | Remodeled in 2022
Lot Details
- 6,000 Sq Ft Lot
- Property is zoned R60
Parking
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Property has 3 Levels
- Wood Burning Fireplace
- Brick Fireplace
- Engineered Wood Flooring
- Basement
Bedrooms and Bathrooms
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Kemp Mill Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 161301332631
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2024
Closed on
Jun 26, 2024
Sold by
Winds Investment Llc
Bought by
Harris Amanda Megan and Obame Franck Regis
Seller's Agent
Ronni Cannady
Samson Properties
Buyer's Agent
Edward Slavis
LPT Realty, LLC
List Price
$675,000
Sold Price
$690,000
Premium/Discount to List
$15,000
2.22%
Views
94
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
$10,447
Avg. Annual Appreciation
1.01%
Original Mortgage
$666,971
Outstanding Balance
$659,050
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$41,397
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harris Amanda Megan | $690,000 | Fidelity National Title | |
| Harris Amanda Megan | $690,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harris Amanda Megan | $666,971 | |
| Closed | Harris Amanda Megan | $666,971 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2024 06/27/24 | Sold | $690,000 | 0.0% | $239 / Sq Ft |
| 06/16/2024 06/16/24 | Price Changed | $690,000 | +2.2% | $239 / Sq Ft |
| 06/14/2024 06/14/24 | For Sale | $675,000 | 0.0% | $234 / Sq Ft |
| 06/14/2024 06/14/24 | Off Market | $675,000 | -- | -- |
| 06/05/2024 06/05/24 | For Sale | $675,000 | 0.0% | $234 / Sq Ft |
| 05/20/2024 05/20/24 | Off Market | $675,000 | -- | -- |
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 | $7,590 | $664,600 | $208,600 | $456,000 |
| 2024 | $7,590 | $595,800 | $0 | $0 |
| 2023 | $6,775 | $527,000 | $0 | $0 |
| 2022 | $5,710 | $458,200 | $208,600 | $249,600 |
| 2021 | $11,419 | $432,367 | $0 | $0 |
| 2020 | $554 | $406,533 | $0 | $0 |
| 2019 | $726 | $380,700 | $163,900 | $216,800 |
| 2018 | $671 | $362,133 | $0 | $0 |
| 2017 | $604 | $343,567 | $0 | $0 |
| 2016 | -- | $325,000 | $0 | $0 |
| 2015 | $707 | $325,000 | $0 | $0 |
| 2014 | $707 | $325,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ronni Cannady
-
Edward Slavis
Buyer's Agent in 2024
Edward Slavis
LPT Realty, LLC
(202) 883-6884
1 in this area
138 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2130410
APN: 13-01332631
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