NOT LISTED FOR SALE

1201 Mimosa Ln Silver Spring, MD 20904

Estimated Value: $618,000 - $675,000

4 Beds
3.5 Baths
2,888 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $382,500 $132 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,856/month

29 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 1 Car Attached Garage
  • William Tyler Page Elementary School Rated A-
  • Country Kitchen
  • Central Heating and Cooling System

About This Home

As of July 2014

FRESHLY PAINTED, UPDATED, MOVE IN READY! Immaculate 4 BR/3.5 BA with poss. 5th BR in bsmt. Updated kitchen appl., sep dining room, sparkling hardwoods on main & upper lvls. Large master suite w/updated master BA. Other 3 BR are all good sized. Huge, fully finished walk out basement. AMAZING landscaping. Large yard with updated deck. 3 year old roof, brand new water heater. Tons of living space!

Last Agent to Sell the Property

Ken Abramowitz

(301) 526-2380 homesbyken@gmail.com RE/MAX Town Center License #636973 Listed on: 05/21/2014

RE/MAX Town Center

Last Buyer's Agent

Levena DeLaRosa

(240) 286-4277 venamarie@yahoo.com HomeSmart License #SP98362462

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 1967

Lot Details

  • 8,000 Sq Ft Lot
  • Property is zoned R90

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Dining Area
  • Finished Basement
  • Rear Basement Entry
  • Country Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Fairknoll Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160500373965

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,875

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1967
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Kitchen - Country
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2888
  • Living Area Sq Ft: 2888
  • Price Per Sq Ft: 194.50
  • Above Grade Finished Sq Ft: 1928
  • Below Grade Finished Sq Ft: 960
  • Total Below Grade Sq Ft: 960
  • 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: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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

Lot Info

  • Improvement Assessed Value: 116700.00
  • Land Assessed Value: 192800.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 8000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13842915
  • Tax Annual Amount: 3874.79
  • Assessor Parcel Number: 160500373965
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 25, 2014
Sold by
Gipson John M and West Gipson Carolyn R
Bought by
Fuqua Hurmon I and Fuqua Amica V
Seller's Agent
Ken Abramowitz
RE/MAX Town Center
Buyer's Agent
Levena DeLaRosa
HomeSmart
List Price
$399,000
Sold Price
$382,500
Premium/Discount to List
-$16,500
-4.14%
Current Estimated Value
$645,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,640
Avg. Annual Appreciation
4.66%
Original Mortgage
$375,571
Outstanding Balance
$285,643
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$359,497

Purchase Details

Closed on
Jan 29, 1991
Bought by
Gipson John M and Gipson R
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
Fuqua Hurmon I $382,500 Fatco
Gipson John M $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuqua Hurmon I $375,571
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $382,500 +2.0% $132 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
06/14/2014 06/14/14 Price Changed $375,000 -6.0% $130 / Sq Ft
05/21/2014 05/21/14 For Sale $399,000 -- $138 / 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 $5,788 $473,167 -- --
2024 $5,788 $450,033 $0 $0
2023 $4,806 $426,900 $212,000 $214,900
2022 $3,328 $412,900 $0 $0
2021 $4,181 $398,900 $0 $0
2020 $3,992 $384,900 $212,000 $172,900
2019 $3,864 $375,767 $0 $0
2018 $3,745 $366,633 $0 $0
2017 $3,606 $357,500 $0 $0
2016 -- $341,500 $0 $0
2015 $3,711 $325,500 $0 $0
2014 $3,711 $309,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003013736

Bright MLS

APN: 05-00373965