Seller's Agent in 2022
Jim Bim
Winning Edge
(443) 463-6009
1 in this area
495 Total Sales
11404 Fairoak Dr Silver Spring, MD 20902
Estimated Value: $577,000 - $647,000
5
Beds
3.5
Baths
2,320
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Eat-In Gourmet Kitchen
- Open Floorplan
- Rambler Architecture
- View of Trees or Woods
- Private Lot
- 3-minute walk to Kemp Mill Estates Local Park
About This Home
As of August 2022Come home to this stunning, Newly Renovated 5 Bedroom, 4 Bathroom Rancher with over 2,300 square feet of living space that is bright, open, and spacious. Main Level features pristine hardwood floors throughout, Vaulted Ceilings, Living Room, Dining Room, Gourmet Kitchen w/ breakfast bar, updated stainless steel appliances, granite countertops with waterfall edge, and access to rear paver patio. You will also find on this level a Primary Suite with Vaulted Ceiling, dual closets, and an updated En-suite Bathroom. Additionally, there is another Full Bathroom and 3 more large bedrooms, all with Vaulted Ceilings and plenty of closet space. The sun-filled, Fully Finished walkout Lower Level has new hardwood floors throughout, a HUGE Family Room, Game Room 5th Bedroom with Updated En-suite Full Bathroom, and a 5x4 walk-in closet. A Laundry Room and Half Bath round out this Lower Level Space. Outside enjoy your backyard paver patio to relax or host a gathering, along with a fully fenced rear yard, mature trees, and extensive landscaping. Convenient living with easy access to main roads, highways, buses, Metro, community pool, tennis courts, and soccer field. Close to shopping centers, grocery stores, parks, restaurants, banks and so much more! Minutes to downtown Silver Spring, Kensington, and Wheaton. A true gem in this lovely neighborhood! This home will not disappoint...schedule your showing today!
Last Agent to Sell the Property
(443) 463-6009 jim@jimbim.com Winning Edge Listed on: 07/14/2022
Last Buyer's Agent
(240) 475-5437 jacqueline.cadena@longandfoster.com Long & Foster Real Estate, Inc. License #522220
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,887
Year Built
- Built in 1960
Lot Details
- 7,665 Sq Ft Lot
- Landscaped
- Extensive Hardscape
- Private Lot
- Backs to Trees or Woods
- Back Yard Fenced
- Property is in excellent condition
- Property is zoned R60
Home Design
- Rambler Architecture
- Frame Construction
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Built-In Features
- Recessed Lighting
- Sliding Windows
- Sliding Doors
- Family Room
- Combination Dining and Living Room
- Game Room
- Wood Flooring
- Views of Woods
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Range Hood
- Freezer
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on lower level
Finished Basement
- Connecting Stairway
- Interior and Exterior Basement Entry
- Basement Windows
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
Outdoor Features
- Patio
Schools
- Kemp Mill Elementary School
- Odessa Shannon Middle School
- Northwood High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 161301325566
Community Details
Overview
- No Home Owners Association
- Kemp Mill Estates Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2022
Closed on
Aug 19, 2022
Sold by
Luu Nguyen Vy Kha
Bought by
Mitchem Michael Paul Levy and Mitchem Genet Zemene
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
Jacqueline Cadena
Long & Foster Real Estate, Inc.
List Price
$549,900
Sold Price
$560,000
Premium/Discount to List
$10,100
1.84%
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
$44,850
Avg. Annual Appreciation
2.51%
Original Mortgage
$532,000
Outstanding Balance
$508,740
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$99,873
Purchase Details
Listed on
Apr 22, 2020
Closed on
Jun 2, 2020
Sold by
Konecnik Keith C and Konecnik Carmen G
Bought by
Nguyen Vy Kha Luu
Seller's Agent
Barbara Ciment
Perennial Real Estate
Buyer's Agent
Andy Nguyen
EXP Realty, LLC
List Price
$359,000
Sold Price
$380,000
Premium/Discount to List
$21,000
5.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.37%
Original Mortgage
$304,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 21, 2001
Sold by
Rosen Sheldon A
Bought by
Konecnik Keith C and Konecnik G C
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 |
|---|---|---|---|
| Mitchem Michael Paul Levy | $560,000 | First American Title | |
| Nguyen Vy Kha Luu | $380,000 | Regency Title & Escrow Of Md | |
| Konecnik Keith C | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mitchem Michael Paul Levy | $532,000 | |
| Previous Owner | Nguyen Vy Kha Luu | $304,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/19/2022 08/19/22 | Sold | $560,000 | -0.9% | $241 / Sq Ft | |
| 07/19/2022 07/19/22 | Pending | -- | -- | -- | |
| 07/19/2022 07/19/22 | Price Changed | $565,000 | +2.7% | $244 / Sq Ft | |
| 07/14/2022 07/14/22 | For Sale | $549,900 | 0.0% | $237 / Sq Ft | |
| 07/13/2022 07/13/22 | Price Changed | $549,900 | -4.4% | $237 / Sq Ft | |
| 07/11/2022 07/11/22 | Price Changed | $575,000 | -0.9% | $248 / Sq Ft | |
| 07/10/2022 07/10/22 | Price Changed | $580,000 | -3.3% | $250 / Sq Ft | |
| 07/07/2022 07/07/22 | Price Changed | $600,000 | +57.9% | $259 / Sq Ft | |
| 06/09/2020 06/09/20 | Sold | $380,000 | 0.0% | $164 / Sq Ft | View Prior Sale |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- | |
| 04/27/2020 04/27/20 | Off Market | $380,000 | -- | -- | |
| 04/22/2020 04/22/20 | For Sale | $359,000 | -5.5% | $155 / Sq Ft | |
| 04/22/2020 04/22/20 | Off Market | $380,000 | -- | -- |
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 | $6,529 | $556,900 | $216,100 | $340,800 |
| 2024 | $6,529 | $503,600 | $0 | $0 |
| 2023 | $6,583 | $450,300 | $0 | $0 |
| 2022 | $4,342 | $397,000 | $216,100 | $180,900 |
| 2021 | $4,195 | $389,567 | $0 | $0 |
| 2020 | $2,097 | $382,133 | $0 | $0 |
| 2019 | $3,960 | $374,700 | $169,800 | $204,900 |
| 2018 | $3,884 | $369,967 | $0 | $0 |
| 2017 | $3,923 | $365,233 | $0 | $0 |
| 2016 | -- | $360,500 | $0 | $0 |
| 2015 | $3,359 | $352,633 | $0 | $0 |
| 2014 | $3,359 | $344,767 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Bim
-
Grant Bim
Seller Co-Listing Agent in 2022
Grant Bim
Winning Edge
(410) 300-6175
1 in this area
342 Total Sales
-
Jacqueline Cadena
J
Buyer's Agent in 2022
Jacqueline Cadena
Long & Foster
(240) 475-5437
1 in this area
7 Total Sales
-
Barbara Ciment
Seller's Agent in 2020
Barbara Ciment
Perennial Real Estate
(301) 346-9126
48 in this area
101 Total Sales
-
Andy Nguyen
Buyer's Agent in 2020
Andy Nguyen
EXP Realty, LLC
(240) 247-7759
70 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2060164
APN: 13-01325566
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