NOT LISTED FOR SALE

12317 Tampico Way Silver Spring, MD 20904

Estimated Value: $563,000 - $588,325

3 Beds
2.5 Baths
1,875 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $538,000 $287 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,479/month

2 Days on Market

Highlights

  • 0.26 Acre Lot
  • Deck
  • Rambler Architecture
  • Galway Elementary School Rated A-
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of October 2023

Freshly Updated Annapolis model in Calverton. Features include refinished main level hardwoods; new carpet in lower level, freshly painted throughout; spacious living with Pella bay window; dining room with Pella slider leading to screened porch and deck with steps to lower level flagstone patio; updated kitchen with 42" cabinets and Corian countertops; recently updated bathrooms; primary bedroom with 3 closets and full bath; 2 additional bedrooms with hall bath. Walkout lower level family room with gas fireplace and brick surround/hearth has slider leading to flagstone patio; half bath; office/workout room makes for nice 4th bedroom; plenty of storage space in utility/laundry room. Pella sliding glass doors and windows; gas heat and hot water.

Last Agent to Sell the Property

Robert Foy

(301) 802-0476 robfoy@remax.net RE/MAX Advantage Realty License #35065 Listed on: 09/22/2023

RE/MAX Advantage Realty

Last Buyer's Agent

Muller Dessie

(301) 366-6058 muller@happyhomesdc.com EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,456

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Back Yard Fenced
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Gas Fireplace
  • Dining Area
  • Improved Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Solar Tube

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

  • Galway Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Utilities

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

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160500363864

Community Details

Overview

  • No Home Owners Association
  • Calverton Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,456

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-09-22
  • Year Built: 1965
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Table Space, Primary Bath(s), Solar Tube(s), Upgraded Countertops, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Improved
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 1875
  • Price Per Sq Ft: 400.00
  • Above Grade Finished Sq Ft: 1250
  • Below Grade Finished Sq Ft: 625
  • Below Grade Sq Ft: 625
  • Total Below Grade Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12317

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GALWAY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: GALWAY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Fencing: Rear
  • Land Use Code: R
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11290.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Patio(s)
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4456.00
  • Assessor Parcel Number: 160500363864
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 1875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/23/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 23, 2023
Sold by
Sippel Carole B and Sippel George E
Bought by
Cherkose Hailu Z and Legesse Selamawit F
Seller's Agent
Robert Foy
RE/MAX Advantage Realty
Buyer's Agent
Muller Dessie
EXP Realty, LLC
List Price
$500,000
Sold Price
$538,000
Premium/Discount to List
$38,000
7.6%
Views
305
Current Estimated Value
$576,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,081
Avg. Annual Appreciation
3.50%
Original Mortgage
$25,000
Outstanding Balance
$24,508
Interest Rate
7.12%
Estimated Equity
$551,573
Source: Public Records

Range of Values:

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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
Cherkose Hailu Z $538,000 Rgs Title
Cherkose Hailu Z $538,000 Rgs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherkose Hailu Z $25,000
Closed Cherkose Hailu Z $25,000
Open Cherkose Hailu Z $519,124
Closed Cherkose Hailu Z $519,124
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $538,000 +7.6% $287 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $500,000 -- $267 / 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 $5,194 $444,600 -- --
2024 $5,194 $412,300 $0 $0
2023 $3,453 $380,000 $258,100 $121,900
2022 $3,175 $366,833 $0 $0
2021 $2,858 $353,667 $0 $0
2020 $2,858 $340,500 $258,100 $82,400
2019 $2,844 $340,500 $258,100 $82,400
2018 $2,841 $340,500 $258,100 $82,400
2017 $3,068 $359,100 $0 $0
2016 -- $337,767 $0 $0
2015 $3,298 $316,433 $0 $0
2014 $3,298 $295,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2107040

Bright MLS

APN: 05-00363864