$740,000
SOLD JUN 5, 2025

121 Farmgate Ln Silver Spring, MD 20905

3 Beds
3.5 Baths
3,694 Sq Ft
0.43 Acres

Recently Sold

$200 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Backs to Trees or Woods
  • Stonegate Elementary School Rated A-
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of June 2025

One of Stonegate's prettiest homes on a spectacular lot - immense presence - on a gentle hill with lovely views in every direction. Wonderfully renovated home - choices curated with good taste and fresh, modern finish. Enter a two story foyer with graceful stairway. Spacious living room with brick fireplace, wood trim, French doors looking out onto lush leafy views. Fabulous sunny kitchen with stone countertop and custom backsplash, abundant custom cabinetry, high end stainless appliances including Sub-Zero fridge and a delightful table space overlooking deep backyard. Inviting family room off the kitchen - peaceful - just a great place to be. Oversized side loading two car garage. Stunning, extra large owner's suite that you will never want to leave featuring a sitting area with fireplace - French doors to balcony - large walk in closet and newly renovated full bath with white quartz and white subway tile! All bedrooms are good sized. Wonderful lower level with outside entrance! Large rec room with bar, den/study and full bath! Such a beautiful home sweet home sited on cul de sac - lovely in every way. Open Saturday 1-3 and Sunday 2-4.

Last Agent to Sell the Property

Judy Cranford

(202) 471-4100 judy@cranfordassociates.com Cranford & Associates License #BR13262 Listed on: 05/09/2025

Last Buyer's Agent

Hermela Balcha

(954) 254-4142 hrmbal@icloud.com DMV Realty, INC. License #0225250022

DMV Realty, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,036

Year Built

  • Built in 1982

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • 2 Fireplaces
  • French Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Deck
  • Patio

Schools

  • Stonegate Elementary School
  • White Oak Middle School
  • James Hubert Blake High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Stonegate Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160501761510

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,036

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Humidifier, Icemaker, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Wood, Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room List: Family Room, Den
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Walkout Stairs, Rear Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 3694
  • Living Area Sq Ft: 3694
  • Price Per Sq Ft: 322.36
  • Above Grade Finished Sq Ft: 2218
  • Below Grade Finished Sq Ft: 1476
  • Total Below Grade Sq Ft: 1476
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Lawn Sprinkler
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: STONEGATE
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WHITE OAK

Lot Info

  • Lot Features: Backs To Trees, Cul-De-Sac, Landscaping
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18886.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7036.00
  • Assessor Parcel Number: 160501761510
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jun 5, 2025
Sold by
Randall A Nelson A and Randall Regina A
Bought by
Tarekegn Mulugeta
Seller's Agent
Judy Cranford
Cranford & Associates
Buyer's Agent
Hermela Balcha
DMV Realty, INC.
List Price
$715,000
Sold Price
$740,000
Premium/Discount to List
$25,000
3.5%
Views
173
Current Estimated Value
$750,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,633
Avg. Annual Appreciation
2.37%
Original Mortgage
$635,000
Outstanding Balance
$633,370
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$117,263

Purchase Details

Closed on
Oct 22, 2013
Sold by
Nelson Randall A and Nelson Regina A
Bought by
Nelson Randall A and Nelson Regina A

Purchase Details

Closed on
Aug 28, 1998
Sold by
H Kevin J and H Kelly K
Bought by
A Randall A and A Nelson 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 Type Sale Price Title Company
Warranty Deed $740,000 Universal Title
Warranty Deed $740,000 Universal Title
Interfamily Deed Transfer -- None Available
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $635,000 New Conventional
Closed $635,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2025 06/05/25 Sold $740,000 +3.5% $200 / Sq Ft
05/09/2025 05/09/25 For Sale $715,000 0.0% $194 / Sq Ft
07/26/2019 07/26/19 Rented $2,950 0.0% --
07/24/2019 07/24/19 Under Contract -- -- --
07/05/2019 07/05/19 Price Changed $2,950 -1.7% $1 / Sq Ft
05/04/2019 05/04/19 For Rent $3,000 +7.1% --
05/12/2017 05/12/17 Rented $2,800 -3.4% --
05/12/2017 05/12/17 Under Contract -- -- --
03/24/2017 03/24/17 For Rent $2,900 +5.5% --
02/16/2015 02/16/15 Rented $2,750 -5.2% --
02/06/2015 02/06/15 Under Contract -- -- --
12/23/2014 12/23/14 For Rent $2,900 -- --
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 $7,036 $603,133 -- --
2024 $7,036 $558,467 -- --
2023 $6,499 $513,800 $253,600 $260,200
2022 $4,141 $513,733 $0 $0
2021 $5,447 $513,667 $0 $0
2020 $6,103 $513,600 $253,600 $260,000
2019 $6,034 $509,767 $0 $0
2018 $5,975 $505,933 $0 $0
2017 $5,390 $502,100 $0 $0
2016 -- $496,633 $0 $0
2015 $6,052 $491,167 $0 $0
2014 $6,052 $485,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2180144

Bright MLS

APN: 05-01761510