NOT LISTED FOR SALE

1032 Briggs Chaney Rd Silver Spring, MD 20905

Estimated Value: $784,000 - $979,000

5 Beds
3.5 Baths
4,040 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $860,000 $213 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,677/month

7 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Brick Front
  • Cloverly Elementary School Rated A-
  • 2 Car Attached Garage
  • 4-minute walk to Cloverly Local Park

About This Home

As of February 2022

This beautiful home is filled with natural lights and a national park view. Main floor offers a formal living room, spacious great room, open dining room & an inviting kitchen w/ center island with upgrade gourmet features, Kitchen is open to the dinning are with a sunroom that leads to spectacular deck over looking trees and trail. over sized 2 car garages with 2 designated driveway parking/ turning space can park totally 6 cars just on the driveway, Upper level you'll find a bright light sitting area that can be your yoga or spa place. huge master bedroom with national park like panoramic views, comes with huge deluxe bathroom & walk in closet, 3 large size room all filled with lots of natural lights. Lower level has a hug family room, a guest room, a den/office/media room, a full bath, walkout to the back yard with refreshing greens. Come make this the wonderful home of yours!

Last Agent to Sell the Property

Marlboro Xon

(202) 834-8343 marlboroxon@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #SP200202256 Listed on: 02/01/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Diane Rioux

(301) 367-1115 dwrioux@gmail.com Real Broker, LLC - Gaithersburg License #617061

Real Broker, LLC - Gaithersburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,263

Year Built

  • Built in 2017

Lot Details

  • 0.45 Acre Lot
  • Property is zoned 111

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • Cloverly Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160503749655

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,263

Year Built

Built in 2017

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2017
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 4305
  • Living Area Sq Ft: 4040
  • Price Per Sq Ft: 276.47
  • Above Grade Finished Sq Ft: 2890
  • Below Grade Finished Sq Ft: 1150
  • Below Grade Sq Ft: 265
  • Total Below Grade Sq Ft: 1415
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • 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 Front, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 210.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19769.00
  • Zoning: 111
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14122503
  • Tax Annual Amount: 7263.00
  • Assessor Parcel Number: 160503749655
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2015
Closed on
Mar 18, 2016
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Wang Ben and Huang Ying Hua
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
Vanda Gale
RE/MAX Realty Services
List Price
$674,000
Sold Price
$610,000
Premium/Discount to List
-$64,000
-9.5%
Current Estimated Value
$930,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,217
Avg. Annual Appreciation
4.08%
Original Mortgage
$488,000
Outstanding Balance
$210,477
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$693,252
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
Wang Ben $610,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Ben $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $860,000 +7.6% $213 / Sq Ft
02/01/2022 02/01/22 For Sale $799,000 +31.0% $198 / Sq Ft
03/18/2016 03/18/16 Sold $610,000 -6.0% $224 / Sq Ft View Prior Sale
02/01/2016 02/01/16 Pending -- -- --
01/13/2016 01/13/16 Price Changed $649,000 -0.8% $239 / Sq Ft
12/08/2015 12/08/15 Price Changed $654,000 -3.0% $240 / Sq Ft
11/05/2015 11/05/15 For Sale $674,000 -- $248 / 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 $8,902 $798,300 -- --
2024 $8,902 $734,400 $0 $0
2023 $7,453 $670,500 $266,000 $404,500
2022 $6,870 $648,367 $0 $0
2021 $13,141 $626,233 $0 $0
2020 $12,574 $604,100 $266,000 $338,100
2019 $6,287 $604,100 $266,000 $338,100
2018 $6,673 $604,100 $266,000 $338,100
2017 $3,155 $266,000 $0 $0
2016 -- $266,000 $0 $0
2015 -- $266,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2031342

Bright MLS

APN: 05-03749655