NOT LISTED FOR SALE

1101 Spotswood Dr Silver Spring, MD 20905

Estimated Value: $628,000 - $679,000

4 Beds
2.5 Baths
2,440 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $550,000 $225 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,854/month

33 Days on Market

Highlights

  • 0.5 Acre Lot
  • Colonial Architecture
  • No HOA
  • Cloverly Elementary School Rated A-
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of January 2023

Amazing opportunity to own a very cool property! Charming colonial situated on a spacious half acre lot with attached garage and a separate additional garage. This home would be great for someone who wants a home business with easy access to the ICC, shopping, Baltimore and Washington. The home is priced to sell fast and needs some TLC, but it's loaded with charm and has a great floor plan! Don't miss the sunroom/porch which adds some great outdoor space to this wonderful home.

Last Agent to Sell the Property

Jeremy Rollings

(240) 372-3497 jeremyrollings15@gmail.com EXP Realty, LLC Listed on: 10/07/2022

EXP Realty, LLC

Last Buyer's Agent

Brandi Bradshaw

(410) 212-4235 brandi.bradshaw@longandfoster.com Keller Williams Select Realtors of Annapolis License #SP200203497

Keller Williams Select Realtors of Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,854

Year Built

  • Built in 1964

Lot Details

  • 0.5 Acre Lot
  • Property is zoned RE1

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,440 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Cloverly Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Colesville Outside Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160500259911

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,854

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-10-08
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2440
  • Living Area Sq Ft: 2440
  • Price Per Sq Ft: 225.41
  • Above Grade Finished Sq Ft: 2440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1101

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • 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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CLOVERLY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21608.00
  • Year Assessed: 2022
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4854.00
  • Assessor Parcel Number: 160500259911
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 2440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/10/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 23, 2022
Sold by
Bean Robert Frederick
Bought by
Soriano Oscar
Seller's Agent
Jeremy Rollings
EXP Realty, LLC
Buyer's Agent
Brandi Bradshaw
Keller Williams Select Realtors of Annapolis
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
74
Current Estimated Value
$642,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,884
Avg. Annual Appreciation
5.97%
Original Mortgage
$440,000
Outstanding Balance
$421,943
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$220,941

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bean Keith A
Bought by
Bean Keith A

Purchase Details

Closed on
Dec 8, 1993
Sold by
Carney J G
Bought by
Bean Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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
Soriano Oscar $550,000 Wfg National Title Insurance C
Bean Keith A -- --
Bean Keith A $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soriano Oscar $440,000
Previous Owner Bean Keith A $167,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $550,000 0.0% $225 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $550,000 -8.2% $225 / Sq Ft
10/07/2022 10/07/22 For Sale $599,000 -- $245 / 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 $5,513 $451,133 -- --
2024 $5,513 $428,167 $0 $0
2023 $5,214 $405,200 $234,900 $170,300
2022 $3,160 $392,100 $0 $0
2021 $3,958 $379,000 $0 $0
2020 $3,783 $365,900 $234,900 $131,000
2019 $3,683 $363,400 $0 $0
2018 $3,930 $360,900 $0 $0
2017 $3,753 $358,400 $0 $0
2016 -- $346,000 $0 $0
2015 $3,756 $333,600 $0 $0
2014 $3,756 $321,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2070460

Bright MLS

APN: 05-00259911