NOT LISTED FOR SALE

1116 Downs Dr Silver Spring, MD 20904

Estimated Value: $627,618 - $680,000

4 Beds
3.5 Baths
2,286 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $506,000 $221 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,978/month

54 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Recreation Room
  • Springbrook High School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of July 2020

Price Reduced, Sellers ready for Offers! Wonderful Colonial with 4 br, 3.5 ba, remodeled throughout, Fresh paint, New roof, remodeled bathrooms, remodeled Kitchen with new 9ft cabinets, granite countertops, stainless steal appliances and new tile floor, recessed lights, Master bedroom with full bath- shower only, Separate Dining room, Living room, Extended Family room with fireplace, Fully finished basement with walk out stairs and kitchenette, Hardwood floors throughout, Six Panel Doors, Upgraded electrical panel, New Windows and Doors, New ceramic tile floor in foyer, Partially fenced rear, Carport and drive way for off street parking, Close to schools, shopping, major thoroughfares, you dont want to miss this one!!

Last Agent to Sell the Property

Frances Castillo

(240) 286-1684 francescrealtor@gmail.com RE/MAX Excellence Realty License #518962 Listed on: 05/08/2020

Last Buyer's Agent

Bruce Wertz

(240) 286-3944 bruce@cranfordassociates.com Cranford & Associates License #592869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,284

Year Built

  • Built in 1964

Lot Details

  • 9,835 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • Energy-Efficient Windows
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • East Springbrook Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 160500335855

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,284

Year Built

Built in 1964

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, Upper 1
  • Expected On Market: 2020-05-08
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Recessed Lighting, Wood Floors, Primary Bath(s)
  • Window Features: Energy Efficient
  • Fireplace Features: Screen, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Recreation Room, Utility Room, Bathroom 1, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Outside Entrance, Walkout Stairs
  • Basement Finished Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 2916
  • Living Area Sq Ft: 2286
  • Price Per Sq Ft: 240.80
  • Above Grade Finished Sq Ft: 2076
  • Below Grade Finished Sq Ft: 210
  • Below Grade Sq Ft: 630
  • Total Below Grade Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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: Brick Front
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Driveway, Off Street, On Street

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 143400.00
  • Land Assessed Value: 213600.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9835.00
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13840203
  • Tax Annual Amount: 4284.00
  • Assessor Parcel Number: 160500335855
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 28, 2020
Sold by
Stone Paul A and Stone Helen L
Bought by
Artman Thomas Robert and Newman Logan Michelle
Seller's Agent
Frances Castillo
RE/MAX Excellence Realty
Buyer's Agent
Bruce Wertz
Cranford & Associates
List Price
$515,000
Sold Price
$506,000
Premium/Discount to List
-$9,000
-1.75%
Current Estimated Value
$652,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,905
Avg. Annual Appreciation
4.78%
Original Mortgage
$480,700
Outstanding Balance
$426,415
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$226,490
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Artman Thomas Robert $506,000 Kvs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Artman Thomas Robert $480,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $506,000 +1.2% $221 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $499,900 -2.9% $219 / Sq Ft
05/14/2020 05/14/20 For Sale $515,000 +1.8% $225 / Sq Ft
05/08/2020 05/08/20 Off Market $506,000 -- --
05/08/2020 05/08/20 For Sale $515,000 -- $225 / 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 $6,751 $570,833 -- --
2024 $6,751 $533,667 $0 $0
2023 $5,591 $496,500 $213,600 $282,900
2022 $4,808 $450,000 $0 $0
2021 $3,571 $403,500 $0 $0
2020 $3,115 $357,000 $213,600 $143,400
2019 $3,035 $351,167 $0 $0
2018 $3,509 $345,333 $0 $0
2017 $3,519 $339,500 $0 $0
2016 -- $333,967 $0 $0
2015 $3,565 $328,433 $0 $0
2014 $3,565 $322,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC704910

Bright MLS

APN: 05-00335855