NOT LISTED FOR SALE

1038 Ruatan St Silver Spring, MD 20903

Silver Spring Park Neighborhood

Estimated Value: $312,000 - $368,364

3 Beds
1.5 Baths
1,224 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $220,000 $180 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,163/month

Highlights

  • No HOA
  • Galley Kitchen
  • Baseboard Heating
  • Eastern Middle School Rated A-
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of March 2018

EXCELLENT OPPORTUNITY- SOLID BRICK TOWN HOME IN SOUGHT OUT SILVER SPRING IS WAITING FOR ITS NEW OWNER. THE PROPERTY FEATURES THREE BEDROOMS, ONE AND HALF BATHROOMS,FINISHED BASEMENT AND OFF STREET PARKING. THE PROPERTY IS MINUTES FROM THE BELTWAY AND LANGLEY PARK.The Seller must comply with HUD Guidelines 24 CFR 206.125 and the property is being sold in as is condition.

Last Agent to Sell the Property

Bob L

boblewis33@aol.com RE/MAX Excellence Realty Listed on: 03/02/2018

Last Buyer's Agent

Jose Bautista

(301) 537-5656 Jose@JoseBautista.com RE/MAX Excellence Realty License #PB600761

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,593

Year Built

  • Built in 1962

Lot Details

  • 4,287 Sq Ft Lot
  • 1 Common Wall

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Partially Finished Basement
  • Exterior Basement Entry
  • Galley Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • New Hampshire Estates Subdivision

Listing and Financial Details

  • Tax Lot P20
  • Assessor Parcel Number 161301133253

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,593

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1962
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Galley
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 278.97
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • 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

Lot Info

  • Improvement Assessed Value: 94300.00
  • Land Assessed Value: 99000.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4287
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4287.00
  • Property Attached Yn: Yes
  • Zoning: R30

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14016630
  • Tax Annual Amount: 2592.75
  • Assessor Parcel Number: 161301133253
  • Tax Lot: P20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 18, 2018
Sold by
Fannie Mae
Bought by
Ramirez Marta A and Fuentes Jose C
Seller's Agent
Bob L
RE/MAX Excellence Realty
Buyer's Agent
Jose Bautista
RE/MAX Excellence Realty
List Price
$180,000
Sold Price
$220,000
Premium/Discount to List
$40,000
22.22%
Current Estimated Value
$348,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,341
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Feb 21, 2017
Sold by
Clark Jean M
Bought by
Federal National Mortgage Assocition
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramirez Marta A $220,000 Crown Title Corp
Federal National Mortgage Assocition $270,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $220,000 +22.2% $180 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $180,000 -- $147 / 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 $4,082 $327,100 -- --
2024 $4,082 $301,400 $120,000 $181,400
2023 $0 $289,933 $0 $0
2022 $3,612 $278,467 $0 $0
2021 $6,847 $267,000 $120,000 $147,000
2020 $5,699 $246,167 $0 $0
2019 $2,849 $225,333 $0 $0
2018 $2,597 $204,500 $99,000 $105,500
2017 $1,901 $200,767 $0 $0
2016 -- $197,033 $0 $0
2015 $1,801 $193,300 $0 $0
2014 $1,801 $193,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bob L

    RE/MAX

    22 Total Sales

    Bob L
    Section Image
  • Jose Bautista

    Buyer's Agent in 2018

    Jose Bautista

    RE/MAX

    (301) 537-5656

    98 Total Sales

    Jose Bautista
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000223094

Bright MLS

APN: 13-01133253

Maryland Montgomery County Silver Spring 20903 Silver Spring Park

1038 Ruatan St, Silver Spring, MD

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