NOT LISTED FOR SALE

1102 Arcola Ave Silver Spring, MD 20902

Estimated Value: $508,000 - $527,000

4 Beds
3.5 Baths
1,472 Sq Ft
$351/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $375,000 $255 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,247/month

31 Days on Market

Highlights

  • Deck
  • Traditional Floor Plan
  • Space For Rooms
  • Private Lot
  • Traditional Architecture
  • 3-minute walk to Kemp Mill Urban Park

About This Home

As of August 2015

Rarely available. Close in brick townhouse. Eat in kitchen boasts granite counters, updated cabinets and stainless appliances. Deck adjacent to kitchen for outdoor entertaining. Separate dining area. Sunk in living room/great main lvl play area. Daylight walkout bsmt w /den/bdrm. Great 'walkscore' for suburban home. near pool,shopping ctr., metro,495. EZ to DC and VA. Must see. Great value!

Last Agent to Sell the Property

Adam Bashein

(301) 943-4370 adambashein@mris.com RE/MAX Realty Group License #618209 Listed on: 05/11/2015

RE/MAX Realty Group

Last Buyer's Agent

Barbara Ciment

(301) 346-9126 barbara@ciment.com Perennial Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1987

Lot Details

  • 1,240 Sq Ft Lot
  • Backs To Open Common Area
  • Two or More Common Walls
  • Cul-De-Sac
  • No Through Street
  • Property is in very good condition

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Screen For Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Microwave
  • Ice Maker
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Space For Rooms
  • Basement Windows

Parking

  • Parking Space Number Location: 3,10
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck

Schools

  • Odessa Shannon Middle School
  • Northwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Arcola Oaks Community
  • Kemp Mill Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 161302571520

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,383

Year Built

Built in 1987

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Disposal, Dryer, Cooktop, Icemaker, Stove, Washer, Microwave
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Table Space, Dining Area, Primary Bath(s), Upgraded Countertops, Crown Moldings, Floor Plan - Traditional
  • Fireplace Features: Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: High
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Daylight, Partial, Fully Finished, Heated, Walkout Level, Windows, Space For Rooms
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 3,10

Utilities

  • Refuse: 283.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • High School: NORTHWOOD
  • Middle Or Junior School: ODESSA SHANNON

Lot Info

  • Improvement Assessed Value: 168700.00
  • Land Assessed Value: 200000.00
  • Lot Features: Cul-De-Sac, Backs - Open Common Area, No Thru Street, Private
  • Lot Size Acres: 0.03
  • Lot Size Area: 1240
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1240.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14061506
  • Tax Annual Amount: 4382.91
  • Assessor Parcel Number: 161302571520
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Aug 10, 2015
Sold by
Unger Jason H and Unger Deborah
Bought by
Penn Andrew and Penn Michelle
Seller's Agent
Adam Bashein
RE/MAX Realty Group
Buyer's Agent
Barbara Ciment
Perennial Real Estate
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Current Estimated Value
$517,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,056
Avg. Annual Appreciation
3.16%
Original Mortgage
$300,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2009
Sold by
Palacioscuellar Amilcar A
Bought by
Unger Jason H

Purchase Details

Closed on
Apr 27, 2007
Sold by
Santos Marvin L
Bought by
Palacioscuellar Amilcar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,564
Interest Rate
6.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 28, 2006
Sold by
Santos Marvin L
Bought by
Palacioscuellar Amilcar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,564
Interest Rate
6.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 25, 2005
Sold by
Barnes Chiu&Er Trustee
Bought by
Santos Marvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 11, 2005
Sold by
Barnes Chiu&Er Trustee
Bought by
Santos Marvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Penn Andrew $375,000 Certified Title Corporation
Unger Jason H $310,000 --
Palacioscuellar Amilcar A -- --
Palacioscuellar Amilcar A -- --
Santos Marvin L $400,000 --
Santos Marvin L $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penn Andrew $300,000
Previous Owner Palacioscuellar Amilcar A $424,564
Previous Owner Palacioscuellar Amilcar A $424,564
Previous Owner Santos Marvin L $320,000
Previous Owner Santos Marvin L $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2015 08/10/15 Sold $375,000 -3.8% $255 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/25/2015 05/25/15 For Sale $390,000 +4.0% $265 / Sq Ft
05/22/2015 05/22/15 Off Market $375,000 -- --
05/11/2015 05/11/15 For Sale $390,000 -- $265 / 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 $5,557 $472,100 $200,000 $272,100
2024 $5,557 $437,467 $0 $0
2023 $5,141 $402,833 $0 $0
2022 $3,830 $368,200 $200,000 $168,200
2021 $3,333 $368,200 $200,000 $168,200
2020 $3,740 $368,200 $200,000 $168,200
2019 $3,889 $384,000 $200,000 $184,000
2018 $4,228 $378,900 $0 $0
2017 $3,826 $373,800 $0 $0
2016 $3,363 $368,700 $0 $0
2015 $3,363 $366,067 $0 $0
2014 $3,363 $363,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002332189

Bright MLS

APN: 13-02571520