NOT LISTED FOR SALE

1108 Arcola Ave Silver Spring, MD 20902

Estimated Value: $461,000 - $514,000

3 Beds
3.5 Baths
1,772 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $490,000 $277 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,125/month

5 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • 2 Fireplaces
  • Colonial Architecture
  • Garden View
  • 3-minute walk to Kemp Mill Urban Park

About This Home

As of September 2024

New flooring, new appliances, new counter top. freshly painted are just a few of the many features of this home. The open floor plan and updated rear deck are sure to be the delight of the new owner

Last Agent to Sell the Property

Yu Fan

(301) 216-3998 yufan@bmirealtors.com BMI REALTORS INC. License #323426 Listed on: 08/17/2024

Last Buyer's Agent

Funto Oluyori

(240) 737-5000 funto@kw.com Keller Williams Preferred Properties License #5014963

Keller Williams Preferred Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,076

Year Built

  • Built in 1987

Lot Details

  • 1,199 Sq Ft Lot
  • Landscaped

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 2 Fireplaces
  • Screen For Fireplace
  • Garden Views

Kitchen

  • Country Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Basement Windows

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161302571553

Community Details

Overview

  • Association fees include custodial services maintenance
  • Pt Wheaton Out Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,076

Year Built

Built in 1987

Lot Details

1,199 Sq Ft Lot

HOA Fees

$80 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Washer
  • Interior Amenities: Kitchen - Country, Floor Plan - Open
  • Fireplace Features: Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Full, Fully Finished, Outside Entrance, Rear Entrance, Walkout Level, Windows
  • Total Sq Ft: 2186
  • Living Area Sq Ft: 1772
  • Price Per Sq Ft: 338.99
  • Above Grade Finished Sq Ft: 1472
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 414
  • Total Below Grade Sq Ft: 714
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Roof: Asphalt
  • View: Garden/Lawn
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 80.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1199.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 00
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5076.00
  • Assessor Parcel Number: 161302571553
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Sep 25, 2024
Sold by
Hsu Ellen Chen-Ling and Hwang Ray L
Bought by
Akintunde Adeola
Seller's Agent
Yu Fan
BMI REALTORS INC.
Buyer's Agent
Funto Oluyori
Keller Williams Preferred Properties
List Price
$488,000
Sold Price
$490,000
Premium/Discount to List
$2,000
0.41%
Views
38
Current Estimated Value
$497,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,414
Avg. Annual Appreciation
1.04%
Original Mortgage
$25,000
Outstanding Balance
$24,744
Interest Rate
6.49%
Estimated Equity
$472,670

Purchase Details

Closed on
Oct 26, 2001
Sold by
Kadegnon Gary A
Bought by
Hsu Ellen Chen Ling

Purchase Details

Closed on
Feb 10, 2000
Sold by
Dekema Bob
Bought by
Kadegnon Gary A and Homawoo Eunice R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akintunde Adeola $490,000 Prime Title Group
Hsu Ellen Chen Ling $210,000 --
Kadegnon Gary A $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akintunde Adeola $25,000
Open Akintunde Adeola $481,124
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $490,000 -1.8% $277 / Sq Ft
08/22/2024 08/22/24 Price Changed $499,000 +2.3% $282 / Sq Ft
08/17/2024 08/17/24 For Sale $488,000 -- $275 / Sq Ft
Source: Bright MLS

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 $5,481 $464,600 $200,000 $264,600
2024 $5,481 $430,900 $0 $0
2023 $5,076 $397,200 $0 $0
2022 $3,778 $363,500 $200,000 $163,500
2021 $3,688 $363,500 $200,000 $163,500
2020 $3,688 $363,500 $200,000 $163,500
2019 $3,833 $378,900 $200,000 $178,900
2018 $3,759 $373,900 $0 $0
2017 $3,771 $368,900 $0 $0
2016 -- $363,900 $0 $0
2015 $3,102 $360,733 $0 $0
2014 $3,102 $357,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2144540

Bright MLS

APN: 13-02571553

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