NOT LISTED FOR SALE

1015 Arcola Ave Silver Spring, MD 20902

Estimated Value: $625,000 - $725,000

6 Beds
3.5 Baths
2,538 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $537,630 $212 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,166/month

18 Days on Market

Highlights

  • Second Kitchen
  • Traditional Floor Plan
  • 1 Fireplace
  • Colonial Architecture
  • Wood Flooring
  • 5-minute walk to Kemp Mill Urban Park

About This Home

As of October 2021

Endless opportunities in this unique, rarely available, spacious Brick Colonial, in close in Kemp Mill. 6 BEDROOMS! Call this home and/or an amazing investment property. Possible to live in part of the home, while getting rental income from the basement apartment! Including the basement, estimated roughly 3000 sq. feet of living space. Main level features large eat-in kitchen, separate dining room with sliders to yard, open family room and powder room. Upper level features custom w/d in hallway, 4 bedrooms and 2 full baths, with the primary bedroom having a private on suite-bath. The walkout lower level features 2 rooms, a main area, kitchenette and w/d. Flat backyard is perfect for recreation and outdoor entertaining. Roof is just a few years old. Enjoy the local amenities: a few blocks from full-service shopping center; 2 local swim clubs including 1 just up and across the street; several parks including nearby Kemp Mill Park; Several houses of worship. Close to Brookside Gardens, Wheaton Library, Costco, Wheaton Westfield Plaza, Downtown Silver Spring, etc. Fabulous commuter home, whether within MD, to Washington, DC or Virginia! Close to 495, ICC. Metro-marvelous: Just a few minutes drive/ride to Wheaton Metro Station or steps away from public bus stop, which takes you to the Wheaton Metro Station

Last Agent to Sell the Property

Adam Bashein

(301) 943-4370 adambashein@mris.com RE/MAX Realty Group License #618209 Listed on: 07/22/2021

RE/MAX Realty Group

Last Buyer's Agent

Barbara Ciment

(301) 346-9126 barbara@ciment.com Perennial Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,581

Year Built

  • Built in 1965

Lot Details

  • 6,848 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Second Kitchen
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Windows

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 161301329553

Community Details

Overview

  • No Home Owners Association
  • Kemp Mill Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,581

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 2nd Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Walk-In Closet(s), Wood Floors, Carpet
  • Fireplaces Count: 1
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 5, Kitchen, Family Room, Bedroom 1, Laundry, Bedroom 6, Bathroom 1, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Partial, Fully Finished, Improved, Outside Entrance, Interior Access, Walkout Stairs, Connecting Stairway, Windows
  • Total Sq Ft: 3022
  • Living Area Sq Ft: 2538
  • Price Per Sq Ft: 279.20
  • Above Grade Finished Sq Ft: 2038
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 484
  • Total Below Grade Sq Ft: 984
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • 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: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 231900.00
  • Land Assessed Value: 166900.00
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6848.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14035421
  • Tax Annual Amount: 5581.00
  • Assessor Parcel Number: 161301329553
  • Tax Lot: 42
  • 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

Closed on
Aug 12, 2025
Sold by
Gayer Elie and Gayer Adina
Bought by
Hollander Naftali and Hollander Talia
Current Estimated Value
$687,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$662,686
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$25,139

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 25, 2021
Sold by
Miller Stephan Richard and Miller Misty Meera
Bought by
Gayer Elie and Gayer Adina
Seller's Agent
Adam Bashein
RE/MAX Realty Group
Buyer's Agent
Barbara Ciment
Perennial Real Estate
List Price
$569,000
Sold Price
$537,630
Premium/Discount to List
-$31,370
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$510,748
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2011
Sold by
Dolores Robert and Dolores David
Bought by
Miller Stephan Richard and Miller Misty Meera Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,676
Interest Rate
4.38%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hollander Naftali $700,000 First American Title
Gayer Elie $537,630 Chicago Title
Miller Stephan Richard $424,500 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollander Naftali $665,000
Previous Owner Gayer Elie $510,748
Previous Owner Miller Stephan Richard $429,676
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $537,630 -5.5% $212 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $569,000 +5.8% $224 / Sq Ft
07/28/2021 07/28/21 Off Market $537,630 -- --
07/22/2021 07/22/21 For Sale $569,000 -- $224 / 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 $6,746 $544,000 $212,400 $331,600
2024 $6,746 $522,467 $0 $0
2023 $7,167 $500,933 $0 $0
2022 $5,252 $479,400 $212,400 $267,000
2021 $4,889 $452,533 $0 $0
2020 $4,558 $425,667 $0 $0
2019 $4,226 $398,800 $166,900 $231,900
2018 $3,983 $378,933 $0 $0
2017 $3,678 $359,067 $0 $0
2016 -- $339,200 $0 $0
2015 $3,524 $339,200 $0 $0
2014 $3,524 $339,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC763928

Bright MLS

APN: 13-01329553