NOT LISTED FOR SALE

109 Norwood Rd Silver Spring, MD 20905

Estimated Value: $354,000 - $2,560,000

5.63 Acres
$178,119 Price per Acre
245,243 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $495,000

Est. 103% increase in value since last sale

Current estimated payment $5,661/month

About This Lot

As of May 2022

Picturesque 5.6-acre lot in Silver Spring Montgomery County!! Close to ICC! READY TO BUILD! water lines installed! Permits have been completed. 2 of the 5 acres are designated as forest conservation. Lot has been cleared and prepped. Only one lot left, 2 lots have been sold already and construction has begun! Nearby parks include Cloverly Park, Stonegate Park and Peach Wood Park. Minutes to Starbucks, shopping, and Woodlawn visitor Center.

Last Agent to Sell the Property

Gali Sapir

(202) 669-4683 gali@galirealtor.com Perennial Real Estate License #0225243426 Listed on: 01/06/2022

Last Buyer's Agent

Maureen Okafor

(240) 498-8694 maureensold100@gmail.com Sold 100 Real Estate, Inc. License #626592

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,948

Lot Details

  • 5.63 Acre Lot
  • Property is zoned RE2

Schools

  • Stonegate Elementary School
  • White Oak Middle School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160503646734

Property Details

Property Type

Land

Est. Annual Taxes

$3,948

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Remarks Public: Picturesque 5.6-acre lot in Silver Spring Montgomery County!! Close to ICC! READY TO BUILD! water lines installed! Permits have been completed. 2 of the 5 acres are designated as forest conservation. Lot has been cleared and prepped. Only one lot left, 2 lots have been sold already and construction has begun! Nearby parks include Cloverly Park, Stonegate Park and Peach Wood Park. Minutes to Starbucks, shopping, and Woodlawn visitor Center.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.04
  • Street Number Modifier: 109

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: STONEGATE
  • Middle School: WHITE OAK
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: STONEGATE
  • Middle Or Junior School: WHITE OAK

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 245243.00
  • Possible Use: Residential
  • Year Assessed: 2022
  • Zoning: RE2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14112479
  • Tax Annual Amount: 3948.00
  • Assessor Parcel Number: 160503646734
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 05/31/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
May 26, 2022
Sold by
G8 Investment Llc
Bought by
Ekwensi George and Ekwensi Ronke
Seller's Agent
Gali Sapir
Perennial Real Estate
Buyer's Agent
Maureen Okafor
Sold 100 Real Estate, Inc.
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Current Estimated Value
$1,002,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,809
Avg. Annual Appreciation
23.23%

Purchase Details

Closed on
Jan 9, 2015
Sold by
Qureshi Arshad H and Qureshi Amtul K N
Bought by
G8 Investment Llc
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
Ekwensi George $495,000 Worldwide Settlements
G8 Investment Llc $560,000 Hutton Patt Title & Escrow L
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $495,000 -1.0% --
04/08/2022 04/08/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $500,000 -- --
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 $4,122 $2,594,933 -- --
2024 $4,122 $358,100 $358,100 $0
2023 $4,126 $358,100 $358,100 $0
2022 $3,952 $358,100 $358,100 $0
2021 $3,948 $358,100 $358,100 $0
2020 $4,390 $397,900 $397,900 $0
2019 $4,388 $397,900 $397,900 $0
2018 $4,396 $397,900 $397,900 $0
2017 $4,516 $397,900 $0 $0
2016 -- $392,633 $0 $0
2015 $4,941 $387,367 $0 $0
2014 $4,941 $382,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gali Sapir

    Seller's Agent in 2022

    Gali Sapir

    Perennial Real Estate

    (202) 669-4683

    6 in this area

    240 Total Sales

    Gali Sapir
    Section Image
  • Maureen Okafor

    Buyer's Agent in 2022

    Maureen Okafor

    Sold 100 Real Estate, Inc.

    (240) 498-8694

    1 in this area

    13 Total Sales

    Maureen Okafor
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2030042

Bright MLS

APN: 05-03646734

Maryland Montgomery County Silver Spring 20905

109 Norwood Rd, Silver Spring, MD

This home is located at 109 Norwood Rd, Silver Spring, MD 20905 since 06 January 2022 and is currently estimated at $1,002,809. 109 Norwood Rd is a home located in Montgomery County with nearby schools including Stonegate Elementary School, White Oak Middle School, and James Hubert Blake High School.

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