NOT LISTED FOR SALE

1116 Chiswell Ln Silver Spring, MD 20901

Estimated Value: $574,441 - $645,000

4 Beds
2.5 Baths
1,757 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $371,200 $211 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,682/month

57 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Dining Area
  • Forest Knolls Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of August 2015

Great Split Level and great opportunity to own in Silver Spring. Features wood floors on main and upper levels, large family room with built in shelves and cabinets, fenced back yard with large patio and extra storage shed. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Madlin Mahdawi

(301) 785-3300 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 04/15/2015

Last Buyer's Agent

Yework Birre

(301) 442-4833 Yework@zgkhomes.com Heymann Realty, LLC License #597902

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1961

Lot Details

  • 8,243 Sq Ft Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Dining Area
  • Eat-In Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Forest Knolls Elementary School
  • Northwood High School

Utilities

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

Community Details

  • No Home Owners Association
  • Forest Knolls Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161301349380

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1961
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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

  • Elementary School: FOREST KNOLLS
  • High School: NORTHWOOD

Lot Info

  • Improvement Assessed Value: 163400.00
  • Land Assessed Value: 187500.00
  • Lot Size Acres: 0.19
  • Lot Size Area: 8243
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8243.00
  • Property Attached Yn: No
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14037351
  • Tax Annual Amount: 4272.15
  • Assessor Parcel Number: 161301349380
  • Tax Lot: 5
  • 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
Apr 15, 2015
Closed on
Aug 21, 2015
Sold by
Fannie Mae
Bought by
Laney Martine
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Yework Birre
Heymann Realty, LLC
List Price
$414,900
Sold Price
$371,200
Premium/Discount to List
-$43,700
-10.53%
Current Estimated Value
$610,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,910
Avg. Annual Appreciation
4.90%
Original Mortgage
$364,265
Outstanding Balance
$283,736
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$326,374

Purchase Details

Closed on
Jan 28, 2015
Sold by
Vasquez Ramos Manuel
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 8, 2009
Sold by
Vasquez-Ramos Manuel
Bought by
Vasquez-Ramos Manuel and Balladares Sandra Del Carmen

Purchase Details

Closed on
Feb 7, 2007
Sold by
Vaquez and Ramos Manuel
Bought by
Vasque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 4, 2006
Sold by
Vaquez and Ramos Manuel
Bought by
Vasque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 17, 1998
Sold by
K Harry A and K Jessell R
Bought by
Vaquez Manuel and Vaquez Ramos
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
Laney Martine $371,200 First American Title Ins Co
Fannie Mae $300,593 Attorney
Vasquez-Ramos Manuel -- --
Vasque $130,000 --
Vasque $130,000 --
Vaquez Manuel $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laney Martine $364,265
Previous Owner Vasque $310,000
Previous Owner Vasque $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $371,200 -1.0% $211 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/17/2015 05/17/15 Price Changed $374,900 -9.6% $213 / Sq Ft
04/15/2015 04/15/15 For Sale $414,900 -- $236 / 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 $5,923 $483,000 $187,500 $295,500
2024 $5,923 $451,033 $0 $0
2023 $4,839 $419,067 $0 $0
2022 $3,120 $387,100 $187,500 $199,600
2021 $4,022 $382,100 $0 $0
2020 $3,486 $377,100 $0 $0
2019 $3,932 $372,100 $187,500 $184,600
2018 $3,830 $365,033 $0 $0
2017 $3,812 $357,967 $0 $0
2016 $3,344 $350,900 $0 $0
2015 $3,344 $345,767 $0 $0
2014 $3,344 $340,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Madlin Mahdawi

    Seller's Agent in 2015

    Madlin Mahdawi

    Independent Realty, Inc

    (301) 785-3300

    35 Total Sales

    Madlin Mahdawi
    Section Image
  • Yework Birre

    Buyer's Agent in 2015

    Yework Birre

    Heymann Realty, LLC

    (301) 442-4833

    1 in this area

    91 Total Sales

    Yework Birre
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002322985

Bright MLS

APN: 13-01349380

Maryland Montgomery County Silver Spring 20901

1116 Chiswell Ln, Silver Spring, MD

Not Listed for Sale

Detached

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