NOT LISTED FOR SALE

1109 Kersey Rd Silver Spring, MD 20902

Estimated Value: $814,000 - $949,000

4 Beds
4 Baths
3,179 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $737,500 $232 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,247/month

About This Home

As of November 2021

Rarely available in the close in section of Kemp Mill, Arcola Place, a no outlet neighborhood! Colonial style home with over 3000 square feet including the main level sunroom addition and the lower level. Home was constructed in 1986 and loved by the owners for over 35 years! Lots of entertaining spaces! Main level features living room, dining, family room and sunroom addition which leads to deck. Sunroom and deck were done 7 years ago. 4 bedrooms and 2 full baths upstairs, including on-suite primary bathroom. The daylight walkout lower level features an open recreation area, laundry room which has a new washer and dryer, storage, potential office or guest room and full bath. Major renovations over the last few months! Home freshly painted. Beautiful new flooring, new roof, primary siding, windows, front door, shutters, paved driveway. Recessed lights. New bathroom vanities, toilets and fixtures. Spacious kitchen with new flooring, updated cabinets, new quartz countertops and stainless appliances. Dining room opens up to living room, which allows for great entertaining. Al fresco dining or relaxation on deck. Also enjoy the spacious 12 X 22 covered patio. Home boasts a 4 X 8 planter box garden and one of the largest yards in this section of the neighborhood. Tremendous close in location with great “walkscore” for being in the suburbs. The home is steps from public transportation. City like feel in the suburbs! Possible to go to a bus stop, pool, a park, shop or dine without using a car! Kemp Mill Park, Kemp Mill Shopping Center, a public bus stop, Parkland Pool, a house of worship are 2 blocks away and on the same side of Arcola Ave as your new home! Swim at nearby Parkland Pool and Kemp Mill Swim Club – with membership the buyers can purchase. Wheaton Regional Park just a few blocks away. Kemp Mill Estates Local Park. Several houses of worship. Hike or bike in Northwest Branch Park or nearby Sligo Creek Park. Convenient to Brookside Gardens, Costco. Great commuter home! Easy access to Washington, DC, Virginia and other parts of Maryland: close to Routes, 495, 270, ICC and just a little over 1.5 miles from the Red Line Wheaton Metro. Floor plans are a representation of the home’s layout, and the dimensions are deemed to be accurate but not guaranteed Don’t miss this amazing opportunity! Remember to wear your masks for all tours. Offers if any due Tuesday 10/5/21 by 6 p.m. e.s.t.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 9, 2021
Sold by
Miller Michael J and Miller Nora C
Bought by
Arbolino Risa D and Arbolino Jonathan J
Seller's Agent
Adam Bashein
RE/MAX Realty Group
Buyer's Agent
Jennifer Eckel
Compass
List Price
$679,000
Sold Price
$737,500
Premium/Discount to List
$58,500
8.62%
Current Estimated Value
$862,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,893
Avg. Annual Appreciation
3.19%
Original Mortgage
$590,000
Outstanding Balance
$541,768
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$291,706
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
Arbolino Risa D $737,500 Rgs Title Of Bethesda
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbolino Risa D $590,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $737,500 +8.6% $232 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $679,000 -- $214 / Sq Ft

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 $8,098 $714,100 $273,300 $440,800
2024 $8,098 $639,967 $0 $0
2023 $6,243 $565,833 $0 $0
2022 $5,387 $491,700 $273,300 $218,400
2021 $5,210 $481,667 $0 $0
2020 $5,065 $471,633 $0 $0
2019 $4,919 $461,600 $225,100 $236,500
2018 $4,761 $449,300 $0 $0
2017 $4,661 $437,000 $0 $0
2016 -- $424,700 $0 $0
2015 $4,091 $418,200 $0 $0
2014 $4,091 $411,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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