NOT LISTED FOR SALE

12417 Palermo Dr Silver Spring, MD 20904

Estimated Value: $581,213 - $601,000

4 Beds
3 Baths
1,923 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $535,000 $278 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,497/month

3 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Patio
  • Galway Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of March 2022

This home is located at 12417 Palermo Dr, Silver Spring, MD 20904 since 17 February 2022 and is currently estimated at $592,553, approximately $308 per square foot. This property was built in 1966. 12417 Palermo Dr is a home located in Montgomery County with nearby schools including Galway Elementary School, Briggs Chaney Middle School, and Paint Branch High School.

Last Agent to Sell the Property

John Lee

(240) 403-0400 john@cnlteam.com RE/MAX Realty Services License #583762 Listed on: 02/17/2022

RE/MAX Realty Services

Co-Listed By

Roger Weaver

(301) 983-0200 kelly.nicklas@cbmove.com Coldwell Banker Realty License #SP98361040

Last Buyer's Agent

Ligia Gonzalez

(703) 891-4520 fred@springhillres.com Spring Hill Real Estate, LLC. License #642823

Spring Hill Real Estate, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,415

Year Built

  • Built in 1966

Lot Details

  • 9,196 Sq Ft Lot
  • Property is in good condition
  • Property is zoned R90

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Side Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Windows

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Patio

Community Details

  • No Home Owners Association
  • Calverton Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 160500360507

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,415

Year Built

Built in 1966

Lot Details

9,196 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2022-02-17
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl Plank, Carpet
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Recreation Room, Storage Room, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Sump Pump, Walkout Level, Windows
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1923
  • Living Area Sq Ft: 1923
  • Price Per Sq Ft: 388.46
  • Above Grade Finished Sq Ft: 1282
  • Below Grade Finished Sq Ft: 641
  • Total Below Grade Sq Ft: 641
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • 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
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: GALWAY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 106800.00
  • Land Assessed Value: 249800.00
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9196.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R90
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13841950
  • Tax Annual Amount: 4415.00
  • Assessor Parcel Number: 160500360507
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 9, 2022
Sold by
Hamidi Abdul Q
Bought by
Alvarenga Kevin and Alvarenga Dadwin Omar
Seller's Agent
John Lee
RE/MAX Realty Services
Buyer's Agent
Ligia Gonzalez
Spring Hill Real Estate, LLC.
List Price
$498,000
Sold Price
$535,000
Premium/Discount to List
$37,000
7.43%
Current Estimated Value
$592,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,553
Avg. Annual Appreciation
2.63%
Original Mortgage
$481,500
Outstanding Balance
$446,632
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$145,921
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarenga Kevin $535,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarenga Kevin $481,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $535,000 +7.4% $278 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $498,000 -- $259 / Sq Ft
Source: Bright MLS

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 $5,339 $459,000 -- --
2024 $5,339 $424,900 $0 $0
2023 $4,230 $390,800 $249,800 $141,000
2022 $3,902 $379,400 $0 $0
2021 $3,724 $368,000 $0 $0
2020 $1,786 $356,600 $249,800 $106,800
2019 $3,499 $351,300 $0 $0
2018 $3,440 $346,000 $0 $0
2017 $3,341 $340,700 $0 $0
2016 -- $324,533 $0 $0
2015 $3,410 $308,367 $0 $0
2014 $3,410 $292,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2037482

Bright MLS

APN: 05-00360507

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