NOT LISTED FOR SALE

11406 Fairoak Dr Silver Spring, MD 20902

Estimated Value: $585,000 - $650,000

3 Beds
2.5 Baths
1,850 Sq Ft
$330/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $390,000 $211 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,784/month

81 Days on Market

Highlights

  • 1 Fireplace
  • Galley Kitchen
  • 3-minute walk to Kemp Mill Estates Local Park
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2018

Back on the Market! Call with Questions! Property has been made to be available for conventional and FHA financing. Great, quiet location located towards the back of Kemp Mill Estates! Make your updates over time and have some great equity. Be sure to enjoy the covered parking when you get home when it's snowing. Enjoy some time in Kemp Mill Park right up the street.

Last Agent to Sell the Property

J Travis Forsyth

Forsyth Real Estate Group License #643961 Listed on: 07/13/2018

Last Buyer's Agent

Barbara Ciment

Perennial Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1960

Lot Details

  • 9,199 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Galley Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Heated Basement
  • Side Basement Entry

Parking

  • Parking Space Number Location: 3
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Kemp Mill Estates Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161301327292

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,338

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-07-13
  • Federal Flood Zone: No
  • Year Built: 1960
  • Remarks Public: Back on the Market! Call with Questions! Property has been made to be available for conventional and FHA financing. Great, quiet location located towards the back of Kemp Mill Estates! Make your updates over time and have some great equity. Be sure to enjoy the covered parking when you get home when it's snowing. Enjoy some time in Kemp Mill Park right up the street.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Galley
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Side Entrance, Fully Finished, Heated, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 1850
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 202.65
  • Above Grade Finished Sq Ft: 1850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11406

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 3
  • Type Of Parking: Off Street

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • 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

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 176000.00
  • Land Assessed Value: 175300.00
  • Lot Size Acres: 0.21
  • Lot Size Area: 9199
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9199.00
  • Year Assessed: 2018
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14035212
  • Tax Annual Amount: 4337.63
  • Assessor Parcel Number: 161301327292
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1850
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/16/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Nov 21, 2018
Sold by
First Horizon Bank
Bought by
Siman Tov Elad and Siman Yitzhak Brit
Seller's Agent
J Travis Forsyth
Forsyth Real Estate Group
Buyer's Agent
Barbara Ciment
Perennial Real Estate
List Price
$374,900
Sold Price
$390,000
Premium/Discount to List
$15,100
4.03%
Current Estimated Value
$599,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,450
Avg. Annual Appreciation
6.85%
Original Mortgage
$378,300
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2017
Sold by
Chu Hyong Sik and Chu Soo Ja
Bought by
First Horizon Bank

Purchase Details

Closed on
May 25, 1988
Bought by
Chu Hyong S and S J
Source: Public Records

Range of Values:

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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
Siman Tov Elad $390,000 Certified Title Corp
First Horizon Bank $170,000 None Available
Chu Hyong S $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tov Elad Siman $385,000
Closed Tov Elad Siman $380,000
Closed Tov Elad Siman $380,000
Closed Siman Tov Elad $378,300
Previous Owner Chu Soo Ja $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $390,000 +4.0% $211 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/26/2018 09/26/18 Price Changed $374,900 0.0% $203 / Sq Ft
09/26/2018 09/26/18 For Sale $374,900 -6.3% $203 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $399,900 +2.5% $216 / Sq Ft
08/07/2018 08/07/18 Off Market $390,000 -- --
08/07/2018 08/07/18 For Sale $399,900 +2.5% $216 / Sq Ft
07/23/2018 07/23/18 Off Market $390,000 -- --
07/13/2018 07/13/18 For Sale $399,900 -- $216 / 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
2024 $6,019 $459,300 $0 $0
2023 $4,969 $430,300 $0 $0
2022 $4,390 $401,300 $223,100 $178,200
2021 $4,140 $384,633 $0 $0
2020 $3,921 $367,967 $0 $0
2019 $3,702 $351,300 $175,300 $176,000
2018 $4,325 $347,233 $0 $0
2017 $3,676 $343,167 $0 $0
2016 -- $339,100 $0 $0
2015 $3,138 $331,467 $0 $0
2014 $3,138 $323,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002020864

Bright MLS

APN: 13-01327292