NOT LISTED FOR SALE

1220 Twig Terrace Silver Spring, MD 20905

Estimated Value: $384,000 - $434,000

2 Beds
1.5 Baths
1,220 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $241,000 $198 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,529/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Cul-De-Sac
  • Dr. Charles R. Drew Elementary School Rated A
  • Deck
  • Community Playground

About This Home

As of May 2018

RARE OPPORTUNITY TO OWN A MOVE-IN CONDITION TWNHME ON A CUL-DE-SAC AT THIS PRICE! UPDATES GALORE! FRESH PAINT, NEW CARPET, UPDATED BATHROOMS, WALK-OUT EXIT TO WOOD DECK, STORAGE SHED AND BACK YARD, EZ ACCESS TO POINTS EAST & WEST (I-95 OR I-270 FROM THE ICC (ENTRANCE RAMP LESS THAN 5 MIN DRIVE), EZ COMMUTE TO D.C. / BETHESDA ETC VIA NEW HAMPSHIRE or COLESVILLE RD - OPEN THIS SUNDAY April 8th,1-4

Last Agent to Sell the Property

Bill Calomeris

(301) 370-3962 bill.calomeris@lnf.com Long & Foster Real Estate, Inc. Listed on: 04/06/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kiros Asmamaw

(202) 207-6036 kasmamaw@gmail.com Heymann Realty, LLC License #595185

Heymann Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1985

Lot Details

  • 1,500 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Property is in very good condition

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 237
  • Assessor Parcel Number 160502397780

Community Details

Overview

  • Association fees include common area maintenance, management, insurance, reserve funds
  • Oak Springs Subdivision, Most Home For The Money!! Floorplan
  • Oak Springs Community
  • The community has rules related to alterations or architectural changes

Amenities

  • Common Area

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,615

Year Built

Built in 1985

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1985
  • Remarks Public: RARE OPPORTUNITY TO OWN A MOVE-IN CONDITION TWNHME ON A CUL-DE-SAC AT THIS PRICE! UPDATES GALORE! FRESH PAINT, NEW CARPET, UPDATED BATHROOMS, WALK-OUT EXIT TO WOOD DECK, STORAGE SHED AND BACK YARD, EZ ACCESS TO POINTS EAST & WEST (I-95 OR I-270 FROM THE ICC (ENTRANCE RAMP LESS THAN 5 MIN DRIVE), EZ COMMUTE TO D.C. / BETHESDA ETC VIA NEW HAMPSHIRE or COLESVILLE RD - OPEN THIS SUNDAY April 8th,1-4
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Combination Dining/Living, Floor Plan - Traditional, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 1220

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 85.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Insurance, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Fencing
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 92400.00
  • Land Assessed Value: 138000.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.03
  • Lot Size Area: 1500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13848453
  • Tax Annual Amount: 2615.44
  • Assessor Parcel Number: 160502397780
  • Tax Lot: 237
  • Tax Total Finished Sq Ft: 1220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 05/14/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 14, 2018
Sold by
Bowers Glen P
Bought by
Tufa Zerihun M
Seller's Agent
Bill Calomeris
Long & Foster Real Estate, Inc.
Buyer's Agent
Kiros Asmamaw
Heymann Realty, LLC
List Price
$219,999
Sold Price
$241,000
Premium/Discount to List
$21,001
9.55%
Current Estimated Value
$402,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,704
Avg. Annual Appreciation
7.15%
Original Mortgage
$192,800
Outstanding Balance
$166,388
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$236,316

Purchase Details

Closed on
Sep 30, 1992
Bought by
Bowers Glen P
Source: Public Records

Range of Values:

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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
Tufa Zerihun M $241,000 None Available
Bowers Glen P $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tufa Zerihun M $192,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Sold $241,000 +9.5% $198 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $219,999 -- $180 / 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 $3,708 $314,100 -- --
2024 $3,708 $291,200 $0 $0
2023 $2,734 $268,300 $138,000 $130,300
2022 $2,457 $255,667 $0 $0
2021 $2,270 $243,033 $0 $0
2020 $2,108 $230,400 $138,000 $92,400
2019 $2,059 $227,033 $0 $0
2018 $2,018 $223,667 $0 $0
2017 $1,923 $220,300 $0 $0
2016 -- $206,833 $0 $0
2015 $2,104 $193,367 $0 $0
2014 $2,104 $179,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000362390

Bright MLS

APN: 05-02397780