1201 Gresham Rd Silver Spring, MD 20904
Estimated Value: $642,216 - $697,000
5
Beds
3.5
Baths
2,458
Sq Ft
$271/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- No HOA
- William Tyler Page Elementary School Rated A-
- 1 Fireplace
- 1 Attached Carport Space
About This Home
As of October 2021This rarely available home located within the Fairmont Community is a pristine beauty & features 3 updated levels, to include, Hardwood floors thru-out, gourmet kitchen, luxury MBR suite, walk-in closets, dual vanities, double laundry areas, large deck that leads to Lovely Yard with a fenced yard. Located close to schools, parks & more....Sellers are motivated !!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,534
Year Built
- Built in 1968
Lot Details
- 8,000 Sq Ft Lot
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
Parking
- 3 Parking Spaces
- 2 Driveway Spaces
- 1 Attached Carport Space
Utilities
- 90% Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Fairmont Subdivision
Listing and Financial Details
- Assessor Parcel Number 160500373511
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2021
Closed on
Oct 8, 2021
Sold by
Gandy Zachary and Gandy Christiana
Bought by
Hernandez Edwin Julian and Garcia Minta Kathleen
Seller's Agent
Nicole Artis
Modern Move Agency, LLC
Buyer's Agent
Kiara Martinez Nieva
Deausen Realty
List Price
$575,000
Sold Price
$563,000
Premium/Discount to List
-$12,000
-2.09%
Total Days on Market
5
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
$103,054
Avg. Annual Appreciation
4.79%
Original Mortgage
$534,850
Outstanding Balance
$492,995
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$173,059
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Similar Homes in Silver Spring, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Edwin Julian | $563,000 | Aestar Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Edwin Julian | $534,850 | |
| Previous Owner | Gandy Zachary | $363,000 | |
| Previous Owner | Gandy Zachary S | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2021 10/12/21 | Sold | $563,000 | -2.1% | $229 / Sq Ft |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- |
| 09/22/2021 09/22/21 | For Sale | $575,000 | +2.1% | $234 / Sq Ft |
| 09/22/2021 09/22/21 | Off Market | $563,000 | -- | -- |
| 09/17/2021 09/17/21 | For Sale | $575,000 | -- | $234 / 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 |
|---|---|---|---|---|
| 2024 | $5,893 | $459,100 | $0 | $0 |
| 2023 | $5,465 | $424,000 | $212,000 | $212,000 |
| 2022 | $5,062 | $410,300 | $0 | $0 |
| 2021 | $4,848 | $396,600 | $0 | $0 |
| 2020 | $4,662 | $382,900 | $212,000 | $170,900 |
| 2019 | $4,535 | $373,833 | $0 | $0 |
| 2018 | $3,724 | $364,767 | $0 | $0 |
| 2017 | $3,586 | $355,700 | $0 | $0 |
| 2016 | -- | $339,767 | $0 | $0 |
| 2015 | $3,725 | $323,833 | $0 | $0 |
| 2014 | $3,725 | $307,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Artis
Seller's Agent in 2021
Nicole Artis
Modern Move Agency, LLC
(301) 337-8125
1 in this area
38 Total Sales
-
Kiara Martinez Nieva
Buyer's Agent in 2021
Kiara Martinez Nieva
Deausen Realty
(240) 426-5543
1 in this area
91 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2016912
APN: 05-00373511
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