Seller's Agent in 2020
Marie Reiser
Long & Foster
(410) 707-6868
8 Total Sales
12324 Palermo Dr Silver Spring, MD 20904
Estimated Value: $579,000 - $602,000
3
Beds
2.5
Baths
1,875
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- 0.3 Acre Lot
- Recreation Room
- 1 Fireplace
- Galway Elementary School Rated A-
- Rambler Architecture
- No HOA
About This Home
As of July 2020No detail has been overlooked in this beautifully updated home! This incredible home has a new steel front door, new roof, new carpet, and a fresh coat of paint. The spacious living room welcomes you home with a large bay window, custom built-ins, and hardwood floors. The adjacent dining room has sliders to the large deck, perfect for or dining and relaxing. The newly updated gourmet kitchen boasts granite countertops, stainless steel appliances, recessed lighting, abundant counter and cabinet space, and a farmhouse sink. The master bedroom is complete with two closets - one with a custom organizer. The en suite boasts ceramic tile and a granite countertop. The updated hall bath is complete with ceramic tile, tall vanity, and granite countertop. The fully finished basement provides an abundance of space! Relax in the large family room with a woodburning fireplace, and access to the covered rear patio. There is a rec room complete with a wet bar with a granite countertop and a wine fridge. The large bonus room can be used as an office, playroom, den, or fourth bedroom. The half bath in the basement completes the space. The fully-fenced backyard is a peaceful oasis with custom landscaping, french drains, and a large shed. This beautiful home is conveniently located near commuter routes, dining, shopping, entertaining, and recreation. Don't miss out on this wonderful opportunity to own a move-in ready home in an ideal location. Make your appointment today!
Last Agent to Sell the Property
(410) 707-6868 marie.reiser@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 06/26/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,128
Year Built
- Built in 1966
Lot Details
- 0.3 Acre Lot
- Back Yard Fenced
- Landscaped
- Property is in excellent condition
- Property is zoned R90
Parking
- Driveway
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- Property has 2 Levels
- Ceiling Fan
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Recreation Room
- Bonus Room
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Basement Windows
Utilities
- Central Air
- Hot Water Baseboard Heater
Community Details
- No Home Owners Association
- Calverton Subdivision
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 160500359452
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2020
Closed on
Jul 24, 2020
Sold by
Klumpp Lawrence L and Klumpp Alison M
Bought by
Mortensen James and Poland Jenna
Seller's Agent
Marie Reiser
Long & Foster Real Estate, Inc.
Buyer's Agent
Heather Dexter
Northrop Realty
List Price
$439,500
Sold Price
$445,000
Premium/Discount to List
$5,500
1.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,664
Avg. Annual Appreciation
5.33%
Original Mortgage
$412,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 1993
Sold by
Arbitman L R
Bought by
Klumpp Alison M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
7.11%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mortensen James | $445,000 | Sage Title Group Llc | |
| Klumpp Alison M | $158,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mortensen James | $412,500 | |
| Previous Owner | Klumpp Alison M | $126,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2020 07/24/20 | Sold | $445,000 | +1.3% | $237 / Sq Ft |
| 06/30/2020 06/30/20 | Pending | -- | -- | -- |
| 06/26/2020 06/26/20 | For Sale | $439,500 | -- | $234 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,719 | $498,800 | -- | -- |
| 2024 | $5,719 | $457,900 | $0 | $0 |
| 2023 | $5,916 | $417,000 | $263,700 | $153,300 |
| 2022 | $4,055 | $393,200 | $0 | $0 |
| 2021 | $3,739 | $369,400 | $0 | $0 |
| 2020 | $1,726 | $345,600 | $263,700 | $81,900 |
| 2019 | $3,436 | $345,600 | $263,700 | $81,900 |
| 2018 | $3,435 | $345,600 | $263,700 | $81,900 |
| 2017 | $3,551 | $364,100 | $0 | $0 |
| 2016 | -- | $342,833 | $0 | $0 |
| 2015 | $3,361 | $321,567 | $0 | $0 |
| 2014 | $3,361 | $300,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marie Reiser
-
Heather Dexter
Buyer's Agent in 2020
Heather Dexter
Creig Northrop Team of Long & Foster
(410) 465-1770
26 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC711812
APN: 05-00359452
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