NOT LISTED FOR SALE

12413 Loft Ln Silver Spring, MD 20904

Estimated Value: $488,938 - $511,000

4 Beds
3.5 Baths
1,832 Sq Ft
$273/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $340,000 $186 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,065/month

5 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Laundry Facilities
  • James Hubert Blake High School Rated A
  • Forced Air Heating and Cooling System
  • Property is in very good condition

About This Home

As of December 2019

4 BEDROOM 3.5 BATH, REMODELED TOWNHOME IS AN AMAZING VALUE. FEATURING AN EASILY RENTABLE , FINISHED, WALK-OUT BASEMENT COMPLETE WITH SEPARATE KITCHEN, FULL BATH AND BEDROOM. THE HOME HAS BEEN UPDATED THROUGHOUT, WITH NEW PAINT, NEW CARPET, LAMINATE FLOORING AND THE LIST GOES ON!!! DON T MISS THIS AMAZING OPORTUNITY!!!

Last Agent to Sell the Property

Mike Altobelli

(240) 498-7319 mikealtobelli@gmail.com RE/MAX Realty Services Listed on: 11/08/2019

Last Buyer's Agent

Yeruk Gessesse

(301) 559-2212 yerukges@yahoo.com Paragon Realty, LLC

Paragon Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1983

Lot Details

  • 1,540 Sq Ft Lot
  • Board Fence
  • Property is in very good condition

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Second Kitchen

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 160502130175

Community Details

Overview

  • Association fees include common area maintenance, management, parking fee
  • Rolling Acres Subdivision

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,159

Year Built

Built in 1983

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-11-08
  • Federal Flood Zone: No
  • Year Built: 1983
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Rear Entrance, Walkout Level, Fully Finished
  • Laundry Type: Basement, Shared
  • Total Sq Ft: 1832
  • Living Area Sq Ft: 1832
  • Price Per Sq Ft: 275.89
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 233.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Parking Fee
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Board
  • Improvement Assessed Value: 107100.00
  • Land Assessed Value: 132000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1540.00
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13913293
  • Tax Annual Amount: 3159.00
  • Assessor Parcel Number: 160502130175
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 19, 2019
Sold by
Pereira Carlos A and Pereira Lurdes T
Bought by
Tiku Yonas M and Gebreegziabher Genet
Seller's Agent
Mike Altobelli
RE/MAX Realty Services
Buyer's Agent
Yeruk Gessesse
Paragon Realty, LLC
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$499,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,235
Avg. Annual Appreciation
6.52%
Original Mortgage
$272,000
Outstanding Balance
$239,807
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$259,428

Purchase Details

Closed on
Jun 23, 2008
Sold by
Pereira Carlos A
Bought by
Pereira Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2008
Sold by
Pereira Carlos A
Bought by
Pereira Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2005
Sold by
Turner Simone M
Bought by
Pereira Carlos A and De Lima Lurdes T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2005
Sold by
Turner Simone M
Bought by
Pereira Carlos A and De Lima Lurdes T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 1997
Sold by
Jacob F Lee
Bought by
Turner Simone M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tiku Yonas M $340,000 Sim Titles Llc
Pereira Carlos A -- --
Pereira Carlos A -- --
Pereira Carlos A $350,000 --
Pereira Carlos A $350,000 --
Turner Simone M $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiku Yonas M $272,000
Previous Owner Pereira Carlos A $271,000
Previous Owner Pereira Carlos A $271,000
Previous Owner Pereira Carlos A $280,000
Previous Owner Pereira Carlos A $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $340,000 0.0% $186 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $339,900 -- $186 / 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 $4,514 $378,000 -- --
2024 $4,514 $347,300 $0 $0
2023 $4,835 $316,600 $138,600 $178,000
2022 $3,061 $298,933 $0 $0
2021 $2,808 $281,267 $0 $0
2020 $2,581 $263,600 $132,000 $131,600
2019 $3,159 $255,433 $0 $0
2018 $3,048 $247,267 $0 $0
2017 $2,966 $239,100 $0 $0
2016 $3,194 $231,233 $0 $0
2015 $3,194 $223,367 $0 $0
2014 $3,194 $215,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC686078

Bright MLS

APN: 05-02130175