NOT LISTED FOR SALE

Estimated Value: $2,733,000 - $4,796,000

4 Beds
3.5 Baths
3,962 Sq Ft
$993/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $2,150,000 $543 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $26,360/month

60 Days on Market

Highlights

  • In Ground Pool
  • Eat-In Gourmet Kitchen
  • Wood Flooring
  • Rosemary Hills Elementary School Rated A-
  • Curved or Spiral Staircase
  • 4-minute walk to Brookville Road Park

About This Home

As of August 2021

This home is located at 111 Newlands St, Chevy Chase, MD 20815 since 04 May 2021 and is currently estimated at $3,934,291, approximately $993 per square foot. This property was built in 1948. 111 Newlands St is a home located in Montgomery County with nearby schools including Rosemary Hills Elementary School, Chevy Chase Elementary School, and Silver Creek Middle School.

Last Agent to Sell the Property

Hans Wydler

Compass License #532234 Listed on: 05/04/2021

Compass

Last Buyer's Agent

Cara Pearlman

Compass License #225180603

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,075

Year Built

  • Built in 1948

Lot Details

  • 0.32 Acre Lot
  • Property is Fully Fenced
  • Property is zoned R60

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Bar
  • Recessed Lighting
  • 4 Fireplaces
  • French Doors
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Outdoor Features

  • In Ground Pool
  • Patio
  • Terrace
  • Porch

Schools

  • Chevy Chase Elementary School
  • Westland Middle School
  • Bethesda-Chevy Chase High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Chevy Chase Village Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160700457473

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,075

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-05-04
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Curved Staircase, Elevator, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: French
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 3962
  • Living Area Sq Ft: 3962
  • Price Per Sq Ft: 639.50
  • Above Grade Finished Sq Ft: 3362
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 4
  • Main 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CHEVY CHASE
  • Middle School: WESTLAND
  • High School: BETHESDA-CHEVY CHASE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: CHEVY CHASE
  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 612600.00
  • Land Assessed Value: 1009400.00
  • Land Use Code: 011
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14003.00
  • Outdoor Living Structures: Patio(s), Porch(es), Roof, Terrace
  • Year Assessed: 2021
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13923407
  • Tax Annual Amount: 17075.00
  • Assessor Parcel Number: 160700457473
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 3962
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/02/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jul 29, 2021
Sold by
Zb Newlands Llc
Bought by
Ali Reza Fardshisheh Living Trust and Erin Nicole Fardshisheh Living Trust
Seller's Agent
Hans Wydler
Compass
Buyer's Agent
Cara Pearlman
Compass
List Price
$5,750,000
Sold Price
$2,150,000
Premium/Discount to List
-$3,600,000
-62.61%
Current Estimated Value
$3,978,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,828,685
Avg. Annual Appreciation
15.14%
Original Mortgage
$3,000,000
Outstanding Balance
$2,768,794
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,014,817

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 27, 2021
Sold by
Kushner David L
Bought by
Zb Newlands Llc
Seller's Agent
Cheryl Kurss
Compass
Buyer's Agent
Hans Wydler
Compass
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.94%
Original Mortgage
$1,160,250
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2000
Sold by
Martuza Robert L and Martuza J S
Bought by
Kushner David L
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
Ali Reza Fardshisheh Living Trust $2,257,500 Paragon Title & Escrow Co
Zb Newlands Llc $1,750,000 Paragon Title & Escrow Co
Kushner David L $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Reza Fardshisheh Living Trust $3,000,000
Previous Owner Zb Newlands Llc $1,160,250
Previous Owner Kushner David L $250,000
Previous Owner Kushner David L $100,000
Previous Owner Kushner David L $400,000
Previous Owner Kushner David L $100,000
Previous Owner Kushner David L $372,300
Previous Owner Kushner David L $399,324
Previous Owner Kushner David L $404,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $2,150,000 -62.6% $543 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $5,750,000 +228.6% $1,451 / Sq Ft
02/01/2021 02/01/21 Sold $1,750,000 -2.8% $442 / Sq Ft
11/26/2020 11/26/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $1,800,000 -- $454 / 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
2024 $52,637 $4,257,500 $0 $0
2023 $13,494 $1,043,067 $0 $0
2022 $19,406 $1,622,000 $1,009,400 $612,600
2021 $18,640 $1,557,433 $0 $0
2020 $35,781 $1,492,867 $0 $0
2019 $16,384 $1,428,300 $917,600 $510,700
2018 $16,399 $1,425,667 $0 $0
2017 $16,964 $1,423,033 $0 $0
2016 $14,271 $1,420,400 $0 $0
2015 $14,271 $1,369,200 $0 $0
2014 $14,271 $1,318,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC750946

Bright MLS

APN: 07-00457473