NOT LISTED FOR SALE

12401 Venice Place Silver Spring, MD 20904

Estimated Value: $645,000 - $681,000

5 Beds
3 Baths
1,682 Sq Ft
$394/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $470,000 $279 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,021/month

31 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Whirlpool Bathtub
  • Springbrook High School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of October 2016

Come see this charming and spacious home with over 3000 sqft. Completely and meticulously renovated in 2016 with new roof, windows, floor, kitchen, 3 fb, HVAC, electric panel, appliances, washer/dryer, Modern open floor plan, hardwood flrs, gorgeous travertine tiles, huge island with marble counter top, skylight, jacuzzi, double sided fire place.. Smart Technology. In a great Silver Spring local

Last Agent to Sell the Property

Brien Berard

(443) 574-1600 berard@mris.com Redfin Corp Listed on: 08/23/2016

Redfin Corp

Last Buyer's Agent

Carole Levin

(301) 325-4680 Carole.Levin@LNF.com Long & Foster Real Estate, Inc. License #84573

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 1963 | Remodeled in 2016

Lot Details

  • 0.34 Acre Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 1 Car Attached Garage

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Fiberglass Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Double Pane Windows
  • Bay Window
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Stove
  • Cooktop
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Schools

  • Jackson Road Elementary School
  • White Oak Middle School
  • Springbrook High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Deck

Community Details

  • No Home Owners Association
  • Springbrook Terrace Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160500349852

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,334

Year Built

Built in 1963 | Remodeled in 2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1963
  • Year Renovated: 2016
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Double Pane, Screens, Skylights
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Roof: Fiberglass
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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

Schools

  • Elementary School: JACKSON ROAD
  • High School: SPRINGBROOK
  • Middle Or Junior School: WHITE OAK

Green Features

  • Efficiency: Appliances

Lot Info

  • Improvement Assessed Value: 132300.00
  • Land Assessed Value: 235900.00
  • Lot Size Acres: 0.34
  • Lot Size Area: 14997
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14997.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13841188
  • Tax Annual Amount: 4334.19
  • Assessor Parcel Number: 160500349852
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 25, 2016
Sold by
Gugsa Samson T
Bought by
Williams Donald A and Williams Audre Fields
Seller's Agent
Brien Berard
Redfin Corp
Buyer's Agent
Carole Levin
Long & Foster Real Estate, Inc.
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Current Estimated Value
$662,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,783
Avg. Annual Appreciation
3.79%
Original Mortgage
$376,000
Outstanding Balance
$301,863
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$360,920

Purchase Details

Listed on
Aug 31, 2015
Closed on
Nov 18, 2015
Sold by
Hsbc Bank Usa National Association
Bought by
Gugsa Samson T
Seller's Agent
Joe Sugden
Fairfax Realty Premier
Buyer's Agent
Victoria Brown
Fairfax Realty Premier
List Price
$329,000
Sold Price
$250,000
Premium/Discount to List
-$79,000
-24.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.60%

Purchase Details

Closed on
Sep 23, 2015
Sold by
Negatu Abiey and Case #388595V
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 27, 2005
Sold by
Gibbs Barbara A
Bought by
Negatu Abiey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Williams Donald A $470,000 Tradition Title
Gugsa Samson T $250,000 Attorney
Hsbc Bank Usa National Association $390,000 Attorney
Negatu Abiey $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Donald A $376,000
Previous Owner Negatu Abiey $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2016 10/21/16 Sold $470,000 -2.1% $279 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/20/2016 09/20/16 Price Changed $479,900 -4.0% $285 / Sq Ft
08/23/2016 08/23/16 For Sale $499,900 +6.4% $297 / Sq Ft
08/23/2016 08/23/16 Off Market $470,000 -- --
12/07/2015 12/07/15 Sold $250,000 -15.3% $149 / Sq Ft View Prior Sale
10/29/2015 10/29/15 Pending -- -- --
10/12/2015 10/12/15 Price Changed $295,000 -1.6% $175 / Sq Ft
09/29/2015 09/29/15 Price Changed $299,900 -8.8% $178 / Sq Ft
08/31/2015 08/31/15 For Sale $329,000 -- $196 / 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 $6,660 $564,300 -- --
2024 $6,660 $525,800 $0 $0
2023 $5,502 $487,300 $235,900 $251,400
2022 $3,854 $478,167 $0 $0
2021 $4,954 $469,033 $0 $0
2020 $4,819 $459,900 $235,900 $224,000
2019 $4,455 $429,333 $0 $0
2018 $4,100 $398,767 $0 $0
2017 $4,543 $368,200 $0 $0
2016 -- $362,767 $0 $0
2015 $4,114 $357,333 $0 $0
2014 $4,114 $351,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002454923

Bright MLS

APN: 05-00349852