NOT LISTED FOR SALE

1222 Downs Dr Silver Spring, MD 20904

Estimated Value: $557,000 - $624,000

5 Beds
2.5 Baths
2,224 Sq Ft
$268/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $533,000 $240 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,559/month

14 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • 1 Fireplace
  • Springbrook High School Rated A-
  • Attic
  • No HOA

About This Home

As of January 2024

Welcome to your dream opportunity in the vibrant East Springbrook neighborhood! This delightful 5-bedroom, 2.5-bath, 4-level split home is brimming with potential. With its solid foundation, including an HVAC, roof, and water heater all updated within the last 10 years, this home is a wise and secure investment. The upper level is a peaceful retreat, boasting 4 spacious bedrooms and 2 full baths, offering comfort and tranquility. An additional cozy bedroom and convenient half bath on the family room level enhance the home's appeal. The laundry level offers direct access to the inviting backyard, and the upper two levels feature elegant hardwood flooring. There are some period fixtures as well.

Location is a dream! Situated within walking distance to MLK Park, you have the luxury of enjoying both an indoor and an outdoor pool, along with a plethora of recreational amenities. Commuting is a breeze with easy access to frequent bus routes on New Hampshire Ave and the nearby Glenmont Metro. The home's proximity to Wheaton Regional Park adds to the allure, offering tennis, playgrounds, sports fields, and scenic trails. Award-winning Brookside Gardens is also just moments away. With convenient access to grocery stores, shopping, and a variety of restaurants, this home is the perfect combination of comfort, convenience, and potential. Seize the chance to make this cheerful house your very own dream home!

Last Agent to Sell the Property

Andy Werner

(301) 252-4770 andy@andywerner.com RE/MAX Realty Services License #0225181232 Listed on: 12/22/2023

RE/MAX Realty Services

Co-Listed By

Ann Clements

(240) 997-8654 annmarieclements@gmail.com RE/MAX Realty Services License #316581

Last Buyer's Agent

FEYE WIRTU

(240) 640-1500 bestone1899@gmail.com CENTURY 21 New Millennium License #SP40002183

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 1966

Lot Details

  • 9,398 Sq Ft Lot
  • Property is zoned R90

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 4 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Attic
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • East Springbrook Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 160500333561

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,837

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2023-12-29
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2862
  • Living Area Sq Ft: 2224
  • Price Per Sq Ft: 236.06
  • Above Grade Finished Sq Ft: 2224
  • Below Grade Sq Ft: 638
  • Total Below Grade Sq Ft: 638
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

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

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9398.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4837.00
  • Assessor Parcel Number: 160500333561
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Jan 31, 2024
Sold by
Barbara D Buch Living Trust
Bought by
Bekele Lantider Kassaye
Seller's Agent
Andy Werner
RE/MAX Realty Services
Buyer's Agent
FEYE WIRTU
CENTURY 21 New Millennium
List Price
$525,000
Sold Price
$533,000
Premium/Discount to List
$8,000
1.52%
Views
252
Current Estimated Value
$596,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,876
Avg. Annual Appreciation
6.04%
Original Mortgage
$426,400
Outstanding Balance
$418,864
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$178,012

Purchase Details

Closed on
Jan 27, 2012
Sold by
Buch Fredric and Buch Barbara Diane
Bought by
Buch Barbara D and Barbara D Buch Living Trust

Purchase Details

Closed on
Jun 13, 1996
Sold by
Fredric Fredric J and Fredric Buch I
Bought by
Frederic Buch Tr
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
Bekele Lantider Kassaye $533,000 Capitol Title
Bekele Lantider Kassaye $533,000 Capitol Title
Buch Barbara D $299,000 Lakeforest Title & Escrow Co
Frederic Buch Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bekele Lantider Kassaye $426,400
Closed Bekele Lantider Kassaye $426,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $533,000 +1.5% $240 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $525,000 -- $236 / 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 $5,257 $438,300 -- --
2024 $5,257 $403,900 $0 $0
2023 $4,145 $369,500 $211,500 $158,000
2022 $2,978 $369,500 $211,500 $158,000
2021 $3,647 $369,500 $211,500 $158,000
2020 $4,039 $389,200 $211,500 $177,700
2019 $3,780 $368,167 $0 $0
2018 $3,529 $347,133 $0 $0
2017 $3,356 $326,100 $0 $0
2016 -- $326,100 $0 $0
2015 $3,366 $326,100 $0 $0
2014 $3,366 $328,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2115768

Bright MLS

APN: 05-00333561