12412 Palermo Dr Silver Spring, MD 20904
3
Beds
2.5
Baths
2,386
Sq Ft
0.39
Acres
Highlights
- View of Trees or Woods
- 0.39 Acre Lot
- Raised Ranch Architecture
- Galway Elementary School Rated A-
- Recreation Room
- Backs to Trees or Woods
About This Home
As of September 2024Welcome to the wonderfully situated neighborhood of Calverton . For starters Metro bus stop comes to the end of the street which can take you to the Metro station . Shopping and restaurants are less than 5 minutes away . This property is close to route 95 which is a quick commute to Washington DC and Baltimore MD. Galway Elementary is close by to walk or drive. This home is n the Montgomery County side of Silver Spring for middle and high school.
Palermo is a blank canvas waiting for someone to put their magic touch ! So many possibilities .
The outdoor living space is just as impressive, featuring a serene backyard with a patio that is perfect for summer barbecues and outdoor activities. Also, a great carport you could use for your car or outdoor dining.
Situated in a friendly community and just moments away from local parks, shopping centers, and top-rated schools, 12412 Palermo Drive is more than just a house - it's the perfect place to call home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,278
Year Built
- Built in 1966
Lot Details
- 0.39 Acre Lot
- Level Lot
- Backs to Trees or Woods
- Back, Front, and Side Yard
- Property is in good condition
- Property is zoned R90
Home Design
- Raised Ranch Architecture
- Rambler Architecture
- Brick Exterior Construction
- Block Foundation
- Poured Concrete
- Asphalt Roof
Interior Spaces
- Property has 2 Levels
- 1 Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Recreation Room
- Utility Room
- Wood Flooring
- Views of Woods
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Unfinished Basement
- Heated Basement
- Basement with some natural light
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- Private Parking
- On-Street Parking
Outdoor Features
- Patio
Schools
- Galway Elementary School
- Briggs Cheney Middle School
- Paint Branch High School
Utilities
- Central Heating and Cooling System
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 17
- Assessor Parcel Number 160500362437
Community Details
Overview
- No Home Owners Association
- Calverton Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Sep 27, 2024
Sold by
Mora Ligia Bernice and Miller Elizabeth
Bought by
Ayele Melat and Alemu Tensay
Seller's Agent
Theresa Mills
Home Towne Real Estate
Buyer's Agent
Mekonnen Abebe
Samson Properties
List Price
$549,000
Sold Price
$560,000
Premium/Discount to List
$11,000
2%
Total Days on Market
4
Views
58
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
$20,773
Avg. Annual Appreciation
5.35%
Original Mortgage
$448,000
Outstanding Balance
$445,465
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$136,875
Purchase Details
Closed on
Jul 22, 2015
Sold by
Mora Robert and Mora Maria Elena
Bought by
Mora Ligia Bernice
Similar Homes in Silver Spring, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $560,000 | Cardinal Title | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $448,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $560,000 | +2.0% | $235 / Sq Ft |
| 08/29/2024 08/29/24 | For Sale | $549,000 | -- | $230 / 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 |
|---|---|---|---|---|
| 2024 | $5,748 | $460,400 | $0 | $0 |
| 2023 | $4,586 | $421,700 | $275,600 | $146,100 |
| 2022 | $4,195 | $405,933 | $0 | $0 |
| 2021 | $3,769 | $390,167 | $0 | $0 |
| 2020 | $3,769 | $374,400 | $275,600 | $98,800 |
| 2019 | $3,754 | $374,400 | $275,600 | $98,800 |
| 2018 | $3,753 | $374,400 | $275,600 | $98,800 |
| 2017 | $3,900 | $396,600 | $0 | $0 |
| 2016 | -- | $373,133 | $0 | $0 |
| 2015 | $3,624 | $349,667 | $0 | $0 |
| 2014 | $3,624 | $326,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Mills
Seller's Agent in 2024
Theresa Mills
Kevin Turner
(410) 349-6123
1 in this area
79 Total Sales
-
Mekonnen Abebe
Buyer's Agent in 2024
Mekonnen Abebe
Samson Properties
(202) 413-7766
1 in this area
40 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2145124
APN: 05-00362437
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