NOT LISTED FOR SALE

121 Melbourne Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $513,000 - $564,000

3 Beds
1 Bath
1,614 Sq Ft
$333/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $355,000 $220 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,249/month

5 Days on Market

Highlights

  • Open Floorplan
  • Backs to Trees or Woods
  • Main Floor Bedroom
  • Highland View Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2015

Looking to live the simple life in an idyllic setting yet be close to conveniences, transportation and DT SS? Had you been thinking you could only afford a condo but yearned for greenspace? 121 Melbourne is for you. Meticulously kept by current owner it offers open, airy floor plan, ideal flow from LR to dining to efficient kitchen to spacious sunlit sitting room, steps from Sligo Creek Park.

Last Agent to Sell the Property

Margaret Finn

(301) 602-5810 meg.finn@lnf.com Perennial Real Estate Listed on: 05/08/2015

Last Buyer's Agent

Monica Sharma

(240) 426-8723 monicamyrealtor@gmail.com Wormald Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,926

Year Built

  • Built in 1938

Lot Details

  • 6,629 Sq Ft Lot
  • Cul-De-Sac
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Highland View Elementary School
  • Silver Spring Middle School
  • Northwood High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Branwell Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 102
  • Assessor Parcel Number 161300993515

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,926

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1938
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Refrigerator, Oven/Range - Gas, Range Hood
  • Interior Amenities: Dining Area, Wood Floors, Entry Level Bedroom, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Kitchen, Bedroom 1, Study
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

  • Elementary School: HIGHLAND VIEW
  • High School: NORTHWOOD
  • Middle Or Junior School: SILVER SPRING

Lot Info

  • Improvement Assessed Value: 98300.00
  • Land Assessed Value: 211400.00
  • Lot Features: Backs To Trees, Cul-De-Sac
  • Lot Size Acres: 0.15
  • Lot Size Area: 6629
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6629.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13811643
  • Tax Annual Amount: 3925.70
  • Assessor Parcel Number: 161300993515
  • Tax Lot: 102
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Jun 26, 2015
Sold by
Yokoyama Jerry
Bought by
Hayes Sheila J
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Monica Sharma
Wormald Realty, LLC.
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$537,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,927
Avg. Annual Appreciation
4.00%
Original Mortgage
$337,250
Outstanding Balance
$263,060
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$274,868

Purchase Details

Closed on
Oct 24, 2003
Sold by
Barnes Beale Eunice
Bought by
Yokoyama Jerry

Purchase Details

Closed on
Mar 30, 2000
Sold by
Coyle Margaret A
Bought by
Barnes Beale Eunice

Purchase Details

Closed on
Mar 25, 1996
Sold by
Coyle John F
Bought by
Coyle Margaret A and Gallotti Martin C
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
Hayes Sheila J $355,000 Kvs Title Llc
Yokoyama Jerry $280,000 --
Yokoyama Jerry $280,000 --
Barnes Beale Eunice $113,000 --
Coyle Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Sheila J $337,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $355,000 +1.4% $220 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $350,000 -- $217 / 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 $5,473 $435,567 -- --
2024 $5,473 $411,900 $258,400 $153,500
2023 $4,703 $407,200 $0 $0
2022 $4,403 $402,500 $0 $0
2021 $4,250 $397,800 $258,400 $139,400
2020 $4,250 $397,800 $258,400 $139,400
2019 $4,215 $397,800 $258,400 $139,400
2018 $4,291 $406,800 $258,400 $148,400
2017 $3,997 $374,433 $0 $0
2016 -- $342,067 $0 $0
2015 $3,309 $309,700 $0 $0
2014 $3,309 $309,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Finn

    Seller's Agent in 2015

    Margaret Finn

    Perennial Real Estate

    (301) 602-5810

    Margaret Finn
    Section Image
  • Monica Sharma

    Buyer's Agent in 2015

    Monica Sharma

    Wormald Realty, LLC.

    (240) 426-8723

    43 Total Sales

    Monica Sharma
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002330123

Bright MLS

APN: 13-00993515

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

121 Melbourne Ave, Silver Spring, MD

Not Listed for Sale

Detached

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