NOT LISTED FOR SALE

10502 Malone St Silver Spring, MD 20902

Estimated Value: $499,000 - $579,000

3 Beds
2 Baths
1,248 Sq Ft
$435/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $403,000 $323 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,331/month

3 Days on Market

Highlights

  • Waterfall on Lot
  • Cape Cod Architecture
  • 1 Fireplace
  • City View
  • Deck
  • No HOA

About This Home

As of May 2018

This charming 3BR, 2BA Cape Cod cottage is tucked in Chestnut Ridge Manor, a pocket neighborhood in Silver Spring. Equidistant to METRO Wheaton and Forest Glen Stations. Refinished hardwood floors (2018), NEW LL BA (2014), NEW recreation room carpet (2017), fully fenced rear yard includes a new deck (2014), patio, koi pond, water features, & play area. Leased solar panels provide low utility costs

Last Agent to Sell the Property

Lorin Culver

(301) 310-6456 lorin.culver@cbrealty.com Coldwell Banker Realty License #SP98374312 Listed on: 05/03/2018

Coldwell Banker Realty

Last Buyer's Agent

Cheryl Kurss

(301) 346-6615 cherylkurss@gmail.com Compass License #0225193039

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,227

Year Built

  • Built in 1951

Lot Details

  • 8,639 Sq Ft Lot
  • Back Yard Fenced
  • Board Fence
  • Landscaped
  • The property's topography is level
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Game Room
  • Workshop
  • Storage Room
  • Laundry Room
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar owned by a third party

Outdoor Features

  • Deck
  • Patio
  • Waterfall on Lot
  • Water Fountains
  • Shed
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Chestnut Ridge Manor Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 161301224507

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,227

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 5/3/2018 12:00:00 AM
  • Year Built: 1951
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Game Room, Laundry, Storage Room, Workshop, Bedroom 6
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Brick, Stone
  • Exterior Features: Play Area, Water Falls, Water Fountains
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

  • Fencing: Board, Fully, Rear
  • Lot Features: Landscaping
  • Lot Size Acres: 0.20
  • Lot Size Area: 8639
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8639.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Topography: Level
  • Zoning: R60

Green Features

  • Green Power: Pv Solar Array(s) Leased

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4226.62
  • Assessor Parcel Number: 161301224507
  • Tax Lot: 4
  • 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
May 3, 2018
Closed on
May 25, 2018
Sold by
Mccarthy Victoria M
Bought by
Ruttinger Philip G and Dinges Camila
Seller's Agent
Lorin Culver
Coldwell Banker Realty
Buyer's Agent
Cheryl Kurss
Compass
List Price
$374,900
Sold Price
$403,000
Premium/Discount to List
$28,100
7.5%
Current Estimated Value
$543,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,018
Avg. Annual Appreciation
4.00%
Original Mortgage
$282,100
Outstanding Balance
$242,420
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$300,598

Purchase Details

Closed on
Jan 29, 2007
Sold by
Steadman Tricia A
Bought by
Mccarthy Victoria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 7, 2006
Sold by
Steadman Tricia A
Bought by
Mccarthy Victoria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1999
Sold by
Kopecky Mary C
Bought by
Steadman Tricia A
Source: Public Records
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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
Ruttinger Philip G $403,000 Paragon Title & Escrow Co
Mccarthy Victoria M $425,000 --
Mccarthy Victoria M $425,000 --
Steadman Tricia A $163,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruttinger Philip G $282,100
Previous Owner Mccarthy Victoria M $85,000
Previous Owner Mccarthy Victoria M $340,000
Previous Owner Mccarthy Victoria M $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $403,000 +7.5% $323 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $374,900 -- $300 / 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 $5,925 $483,100 $189,100 $294,000
2024 $5,925 $457,133 $0 $0
2023 $4,916 $431,167 $0 $0
2022 $4,373 $405,200 $189,100 $216,100
2021 $4,101 $386,233 $0 $0
2020 $3,860 $367,267 $0 $0
2019 $3,617 $348,300 $189,100 $159,200
2018 $3,529 $342,500 $0 $0
2017 $4,227 $336,700 $0 $0
2016 $3,829 $330,900 $0 $0
2015 $3,829 $325,967 $0 $0
2014 $3,829 $321,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000467286

Bright MLS

APN: 13-01224507