NOT LISTED FOR SALE

12402 Ofallon St Silver Spring, MD 20904

Estimated Value: $155,000 - $884,000

0.29 Acre
$1,412,645 Price per Acre
12,632 Sq Ft Lot

Last Sold December 28, 2023

Last sale price $149,500

Est. 174% increase in value since last sale

Current estimated payment $2,557/month

5 Days on Market

Highlights

  • Panoramic View
  • 0.29 Acre Lot
  • No HOA
  • Galway Elementary School Rated A-
  • Private Lot
  • Back, Front, and Side Yard

About This Lot

As of December 2023

GREAT OPPORTUNITY TO OWN THIS CORNER LOT!!

Last Agent to Sell the Property

Jim Bim

Winning Edge Listed on: 11/29/2023

Co-Listed By

Grant Bim

Winning Edge License #668382

Last Buyer's Agent

Jim Bim

Winning Edge Listed on: 11/29/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,370

Lot Details

  • 0.29 Acre Lot
  • Private Lot
  • Premium Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is zoned R-90

Property Views

  • Panoramic
  • Woods
  • Garden

Schools

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

Community Details

  • No Home Owners Association
  • Calverton Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160503142134

Property Details

Property Type

Land

Est. Annual Taxes

$3,370

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 11.76
  • Street Number Modifier: 12402

Exterior Features

  • Construction Completed: No
  • View: Panoramic, Garden/Lawn, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GALWAY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: GALWAY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Corner, Front Yard, Level, Open, Premium, Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12717.00
  • Year Assessed: 2023
  • Zoning: R-90
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3370.00
  • Assessor Parcel Number: 160503142134
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/28/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2024
Sold by
Kurichh Rajeev and Kurichh Anuja
Bought by
Montgomery County Students Construction Trade
Current Estimated Value
$409,667

Purchase Details

Listed on
Nov 29, 2023
Closed on
Dec 28, 2023
Sold by
Rajeev Kurichli and Rajeev Anuja Kurichh
Bought by
Montgomery County Students Construction Trade
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
Jim Bim
Winning Edge
List Price
$199,900
Sold Price
$149,500
Premium/Discount to List
-$50,400
-25.21%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.78%

Purchase Details

Closed on
Sep 7, 2005
Sold by
Kurichh Shiv and Kurichh Pushpa
Bought by
Kurichh Rajeev and Kurichh Anuja

Purchase Details

Closed on
Dec 8, 2003
Sold by
Kurichh Shiv
Bought by
Kurichh Shiv and Kurichh Pushpa

Purchase Details

Closed on
Jun 2, 2003
Sold by
Kurichh Rajeev
Bought by
Kurichh Shiv

Purchase Details

Closed on
Mar 4, 1998
Sold by
Construction Svcs Plus Inc
Bought by
Rajeev Kurichh
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Montgomery County Students Construction Trade $250,000 First American Title
Montgomery County Students Construction Trade $149,500 First American Title
Kurichh Rajeev -- --
Kurichh Rajeev -- --
Kurichh Shiv -- --
Kurichh Shiv -- --
Kurichh Shiv -- --
Rajeev Kurichh $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery County Students Con $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $149,500 0.0% --
12/04/2023 12/04/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $149,499 -25.2% --
11/29/2023 11/29/23 For Sale $199,900 -- --
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
2024 $3,495 $262,500 $262,500 $0
2023 $3,498 $262,500 $262,500 $0
2022 $3,370 $262,500 $262,500 $0
2021 $3,369 $262,500 $262,500 $0
2020 $3,369 $262,500 $262,500 $0
2019 $3,368 $262,500 $262,500 $0
2018 $3,373 $262,500 $262,500 $0
2017 $3,426 $262,500 $0 $0
2016 $3,244 $251,900 $0 $0
2015 $3,244 $241,300 $0 $0
2014 $3,244 $230,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2114380

Bright MLS

APN: 05-03142134