NOT LISTED FOR SALE

11111 Lockwood Dr Silver Spring, MD 20901

Estimated Value: $631,000 - $657,696

5 Beds
2.5 Baths
1,724 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $585,000 $339 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,995/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Roscoe R. Nix Elementary School Rated A-
  • No HOA

About This Home

As of June 2023

Great Rented property this is an opportunity for an investor "Ready with Income", a totally renovated home. Ready to move in and conveniently located for commuting, shopping, restaurants, and more. Amazing kitchen with stainless steel appliances, and hardwood floors. Ask for the special Bonus!!

Last Agent to Sell the Property

Aura Romero

Excelsior Real Estate LLC License #620471 Listed on: 05/01/2023

Last Buyer's Agent

Nohelya Paredes

EXP Realty, LLC License #602748

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,708

Year Built

  • Built in 1961 | Remodeled in 2022

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R90

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Burnt Mills Estates Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 160500331094

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,708

Year Built

Built in 1961 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1961
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 2
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 2592
  • Living Area Sq Ft: 1724
  • Price Per Sq Ft: 439.81
  • Above Grade Finished Sq Ft: 1296
  • Below Grade Finished Sq Ft: 428
  • Below Grade Sq Ft: 868
  • Total Below Grade Sq Ft: 1296
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11111

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • 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
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12069.00
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4708.00
  • Assessor Parcel Number: 160500331094
  • Tax Lot: 13
  • Tax Total Finished Sq Ft: 1724
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 21, 2023
Sold by
Gn Investment Properties Llc
Bought by
Cali Valerio Munoz and Ortuno Martha Rodriguez
Seller's Agent
Aura Romero
Excelsior Real Estate LLC
Buyer's Agent
Nohelya Paredes
EXP Realty, LLC
List Price
$570,000
Sold Price
$585,000
Premium/Discount to List
$15,000
2.63%
Views
138
Current Estimated Value
$645,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,174
Avg. Annual Appreciation
4.29%
Original Mortgage
$468,000
Outstanding Balance
$457,296
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$183,021
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
Cali Valerio Munoz $585,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cali Valerio Munoz $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $585,000 +2.6% $339 / Sq Ft
05/01/2023 05/01/23 For Sale $570,000 -- $331 / 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 $5,744 $503,467 -- --
2024 $5,744 $435,433 $0 $0
2023 $2,112 $367,400 $221,800 $145,600
2022 $4,708 $367,400 $221,800 $145,600
2021 $4,217 $367,400 $221,800 $145,600
2020 $4,881 $392,200 $221,800 $170,400
2019 $4,766 $385,033 $0 $0
2018 $4,664 $377,867 $0 $0
2017 $4,574 $370,700 $0 $0
2016 -- $356,967 $0 $0
2015 $3,944 $343,233 $0 $0
2014 $3,944 $329,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2091412

Bright MLS

APN: 05-00331094