NOT LISTED FOR SALE

123 Southwood Ave Silver Spring, MD 20901

Northwood Neighborhood

Estimated Value: $588,000 - $701,614

4 Beds
2 Baths
1,831 Sq Ft
$356/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $465,000 $254 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,064/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • 1 Fireplace
  • Montgomery Knolls Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to North Four Corners Local Park

About This Home

As of February 2022

One owner family for over 70 years! Additions to original cape cod floor plan include a spacious family room with wood burning fireplace, dining room with bay window, and an upper-level dormer with two bedrooms, office space and bathroom that was fully renovated in 2021. New roof and gutters were installed in 2021. The main level also features two additional bedrooms with hardwood floors, living room and a large kitchen. The kitchen has no appliances and is ready for your renovation ideas. Arches and glass doorknobs add period charm to this home. The unfinished lower level offers a large main area, laundry area and utility/ workshop area. There is a double car parking pad in front and an additional parking pad in the rear accessed by a service alley. This home has huge potential but needs some TLC. This is your opportunity to continue with the updates this home deserves. Investors are welcome! The home will be sold AS-IS. Home inspections, if any, are for information purposes only.

Last Agent to Sell the Property

Joseph Petruccelli

Weichert, REALTORS License #512807 Listed on: 01/13/2022

Weichert, REALTORS

Last Buyer's Agent

Kathy Morgan

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1938

Lot Details

  • 9,931 Sq Ft Lot
  • Chain Link Fence
  • Property is in below average condition
  • Property is zoned R60

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Washer and Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Alley Access

Utilities

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

Community Details

  • No Home Owners Association
  • Northwood Park Subdivision

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 161301034410

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,897

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-01-14
  • Year Built: 1938
  • Automatically Close On Close Date: No
  • Remarks Public: One owner family for over 70 years! Additions to original cape cod floor plan include a spacious family room with wood burning fireplace, dining room with bay window, and an upper-level dormer with two bedrooms, office space and bathroom that was fully renovated in 2021. New roof and gutters were installed in 2021. The main level also features two additional bedrooms with hardwood floors, living room and a large kitchen. The kitchen has no appliances and is ready for your renovation ideas. Arches and glass doorknobs add period charm to this home. The unfinished lower level offers a large main area, laundry area and utility/ workshop area. There is a double car parking pad in front and an additional parking pad in the rear accessed by a service alley. This home has huge potential but needs some TLC. This is your opportunity to continue with the updates this home deserves. Investors are welcome! The home will be sold AS-IS. Home inspections, if any, are for information purposes only.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Floor Plan - Traditional, Formal/Separate Dining Room
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Room Count: 9
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Bedroom 1, Study, Utility Room, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2785
  • Living Area Sq Ft: 1831
  • Price Per Sq Ft: 253.96
  • Above Grade Finished Sq Ft: 1831
  • Below Grade Sq Ft: 954
  • Total Below Grade Sq Ft: 954
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Alley
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Chain Link
  • Improvement Assessed Value: 148400.00
  • Land Assessed Value: 226400.00
  • Land Use Code: R
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9931.00
  • Property Condition: Below Average, Major Rehab Needed
  • Year Assessed: 2021
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14007741
  • Tax Annual Amount: 4897.00
  • Assessor Parcel Number: 161301034410
  • Tax Lot: 42
  • Tax Total Finished Sq Ft: 1831
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/01/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 1, 2022
Sold by
Peters Living Trust
Bought by
Gamez Miguel O
Seller's Agent
Joseph Petruccelli
Weichert, REALTORS
Buyer's Agent
Kathy Morgan
Compass
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$651,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,904
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Peters Fred A and Peters Martha P
Bought by
Peters Fred A and The Peters Living Trust
Source: Public Records

Range of Values:

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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
Gamez Miguel O $465,000 Stewart Title Company
Peters Fred A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $465,000 0.0% $254 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $465,000 -- $254 / 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 $6,483 $550,300 $226,400 $323,900
2024 $6,483 $499,667 $0 $0
2023 $5,877 $449,033 $0 $0
2022 $5,050 $398,400 $226,400 $172,000
2021 $3,570 $390,533 $0 $0
2020 $6,927 $382,667 $0 $0
2019 $3,357 $374,800 $226,400 $148,400
2018 $3,332 $374,800 $226,400 $148,400
2017 $4,222 $374,800 $0 $0
2016 $4,442 $386,500 $0 $0
2015 $4,442 $386,500 $0 $0
2014 $4,442 $386,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Petruccelli

    Seller's Agent in 2022

    Joseph Petruccelli

    Weichert Corporate

    (301) 452-5026

    1 in this area

    66 Total Sales

    Joseph Petruccelli
    Section Image
  • Kathy Morgan

    Buyer's Agent in 2022

    Kathy Morgan

    Compass

    (301) 370-5675

    1 in this area

    44 Total Sales

    Kathy Morgan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2031378

Bright MLS

APN: 13-01034410

Maryland Montgomery County Silver Spring 20901 Northwood

123 Southwood Ave, Silver Spring, MD

This home is located at 123 Southwood Ave, Silver Spring, MD 20901 since 13 January 2022 and is currently estimated at $651,904, approximately $356 per square foot. This property was built in 1938. 123 Southwood Ave is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Silver Spring International Middle School.

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