Seller's Agent in 2024
Miguel Saba
Compass
(240) 775-0509
1 in this area
126 Total Sales
1116 Snider Ln Silver Spring, MD 20905
Estimated Value: $590,000 - $664,343
6
Beds
3
Baths
3,000
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Heated Pool and Spa
- 1 Fireplace
- 2 Car Attached Garage
- Cloverly Elementary School Rated A-
- No HOA
- Oversized Parking
About This Home
As of November 2024Welcome to your future home at 1116 Snider Lane, nestled in the heart of Good Hope Estates in Silver Spring, Maryland! Read on to discover why this unique home stands out from the rest of the neighborhood and offers the versatility of functioning as a two-family residence. As you walk in, you enter into a spacious and bright living room, fully equipped with natural hardwood floors throughout. You’ll notice an expansive kitchen with an island that opens up to a sunroom-style breakfast/dining room area. Upstairs offers the ideal layout with four spacious bedrooms and two full bathrooms, designed for your comfort. There are three bedrooms that share a hallway bathroom, and as you enter the primary bedroom, you’ll notice the freshly renovated bathroom with an oversized shower and double vanity setup. The primary bedroom also opens up to an additional sitting room that can be used as an exercise room and has access to the backyard pool. Downstairs, you’ll find two additional bedrooms, a living room, a full bathroom, and a wood-burning fireplace. It also has a pool house & extra sitting lounge that leads directly to the backyard oasis. Outside is an entertainer's paradise. With multiple entry points leading outdoors, you'll find a heated pool, a spacious patio, and a cozy fire pit—perfect for enjoying Maryland's beauty in every season. Upgraded throughout, this home is exceptional. Schedule your appointment today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,296
Year Built
- Built in 1972
Lot Details
- 0.26 Acre Lot
- Property is zoned RE1
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Oversized Parking
- Parking Storage or Cabinetry
- Front Facing Garage
- Garage Door Opener
Home Design
- Split Level Home
- Brick Foundation
- Block Foundation
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
Bedrooms and Bathrooms
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
Pool
- Heated Pool and Spa
- Heated In Ground Pool
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Good Hope Estates Subdivision
Listing and Financial Details
- Tax Lot 34
- Assessor Parcel Number 160500380061
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Nov 5, 2024
Sold by
Acevedo Josean Antonio and Boswell Coral
Bought by
Belachew Million Moges and Wude Woinshet Mekonnen
Seller's Agent
Miguel Saba
Compass
Buyer's Agent
Mimi Tadesse
DMV Realty, INC.
List Price
$599,999
Sold Price
$600,000
Premium/Discount to List
$1
0.0%
Views
289
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,836
Avg. Annual Appreciation
2.07%
Original Mortgage
$589,132
Interest Rate
6.72%
Mortgage Type
FHA
Purchase Details
Closed on
May 19, 2017
Sold by
Soto Torres Lydia E
Bought by
Boswell Coral and Acevedo Josean Antonio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 18, 1999
Sold by
Ortiz Acevedo and Ortiz Antonio
Bought by
Torres Soto and Torres Lydia E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Belachew Million Moges | $600,000 | Title Town Settlements | |
| Belachew Million Moges | $600,000 | Title Town Settlements | |
| Boswell Coral | $300,000 | Atlantic Coast Title Inc | |
| Torres Soto | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Belachew Million Moges | $21,000 | |
| Previous Owner | Belachew Million Moges | $589,132 | |
| Previous Owner | Boswell Coral | $294,566 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2024 11/05/24 | Sold | $600,000 | 0.0% | $200 / Sq Ft |
| 10/21/2024 10/21/24 | For Sale | $599,999 | 0.0% | $200 / Sq Ft |
| 10/20/2024 10/20/24 | Off Market | $599,999 | -- | -- |
| 10/15/2024 10/15/24 | Price Changed | $599,999 | -7.7% | $200 / Sq Ft |
| 10/09/2024 10/09/24 | Price Changed | $649,900 | -3.7% | $217 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $675,000 | -- | $225 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,296 | $543,100 | -- | -- |
| 2024 | $6,296 | $502,100 | $0 | $0 |
| 2023 | $5,103 | $461,100 | $219,100 | $242,000 |
| 2022 | $4,560 | $439,033 | $0 | $0 |
| 2021 | $3,995 | $416,967 | $0 | $0 |
| 2020 | $3,995 | $394,900 | $219,100 | $175,800 |
| 2019 | $3,980 | $394,900 | $219,100 | $175,800 |
| 2018 | $3,980 | $394,900 | $219,100 | $175,800 |
| 2017 | $4,100 | $398,500 | $0 | $0 |
| 2016 | -- | $368,233 | $0 | $0 |
| 2015 | $3,619 | $337,967 | $0 | $0 |
| 2014 | $3,619 | $307,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Miguel Saba
-
Mimi Tadesse
M
Buyer's Agent in 2024
Mimi Tadesse
DMV Realty, INC.
(202) 352-3764
1 in this area
11 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2148522
APN: 05-00380061
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