Seller's Agent in 2023
David Palmer
RE/MAX
(815) 316-4056
2 in this area
26 Total Sales
12420 Loft Ln Silver Spring, MD 20904
Estimated Value: $690,845 - $769,000
4
Beds
2.5
Baths
2,598
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- 0.27 Acre Lot
- Colonial Architecture
- Traditional Floor Plan
- James Hubert Blake High School Rated A
- Deck
- Wood Flooring
About This Home
As of October 2023Beautiful, Spacious, Center Hall Colonial with dramatic two story foyer with winding staircase. Brand new carpet and fresh paint throughout. Expansive eat-in kitchen with Granite countertops open to the family room with it's massive brick fireplace and high ceiling. Sliding door to private deck off breakfast area. Large light filled master suit with Cathedral ceilings, Sunken tub, separate shower, Makeup Counter, and huge walk-in closet. First floor office with Hardwood flooring. Giant walk-out basement, ready to be finished, with already in place, rough-in plumbing for a full bath and windows for two additional bedrooms. On a large corner lot with a private back yard. ***No HOA FEES***
Last Agent to Sell the Property
(815) 316-4056 office@rpsmax.com RE/MAX Premiere Selections License #0225048455 Listed on: 09/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,703
Year Built
- Built in 1985
Lot Details
- 0.27
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
- Off-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Chair Railings
- Crown Molding
- Wood Burning Fireplace
- Screen For Fireplace
- Fireplace Mantel
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Den
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Whirlpool Bathtub
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Deck
- 0.27 Acre Lot
Community Details
- No Home Owners Association
- Rolling Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 160502058717
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2023
Closed on
Oct 18, 2023
Sold by
Sikora-Petitmermet Living Trust
Bought by
Lemma Seble M and Demessie Tilahun B
Seller's Agent
David Palmer
RE/MAX Premiere Selections
Buyer's Agent
Yework Birre
Heymann Realty, LLC
List Price
$579,000
Sold Price
$651,500
Premium/Discount to List
$72,500
12.52%
Views
159
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
$66,211
Avg. Annual Appreciation
4.42%
Original Mortgage
$592,213
Outstanding Balance
$581,357
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$136,354
Purchase Details
Closed on
Nov 5, 2001
Sold by
Petitmermet Donald H
Bought by
Petitmermet Donald H Et Al Tr
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lemma Seble M | $651,500 | Doma Title | |
| Lemma Seble M | $651,500 | Doma Title | |
| Petitmermet Donald H Et Al Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lemma Seble M | $592,213 | |
| Closed | Lemma Seble M | $592,213 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2023 10/20/23 | Sold | $651,500 | +12.5% | $251 / Sq Ft |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- |
| 09/21/2023 09/21/23 | For Sale | $579,000 | 0.0% | $223 / Sq Ft |
| 07/22/2020 07/22/20 | Rented | $2,650 | 0.0% | -- |
| 07/06/2020 07/06/20 | Price Changed | $2,650 | -3.6% | $1 / Sq Ft |
| 06/04/2020 06/04/20 | For Rent | $2,750 | +7.8% | -- |
| 03/17/2017 03/17/17 | Rented | $2,550 | -3.8% | -- |
| 03/17/2017 03/17/17 | Under Contract | -- | -- | -- |
| 02/08/2017 02/08/17 | For Rent | $2,650 | +6.0% | -- |
| 12/21/2015 12/21/15 | Rented | $2,500 | 0.0% | -- |
| 12/21/2015 12/21/15 | Under Contract | -- | -- | -- |
| 12/02/2015 12/02/15 | For Rent | $2,500 | +4.2% | -- |
| 11/20/2014 11/20/14 | Rented | $2,400 | -11.1% | -- |
| 11/20/2014 11/20/14 | Under Contract | -- | -- | -- |
| 07/11/2014 07/11/14 | For Rent | $2,700 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $7,175 | $592,833 | -- | -- |
| 2024 | $7,175 | $570,467 | $0 | $0 |
| 2023 | $6,894 | $548,100 | $212,300 | $335,800 |
| 2022 | $6,238 | $516,833 | $0 | $0 |
| 2021 | $5,449 | $485,567 | $0 | $0 |
| 2020 | $5,449 | $454,300 | $212,300 | $242,000 |
| 2019 | $5,422 | $454,300 | $212,300 | $242,000 |
| 2018 | $5,405 | $454,300 | $212,300 | $242,000 |
| 2017 | $5,716 | $474,400 | $0 | $0 |
| 2016 | -- | $443,733 | $0 | $0 |
| 2015 | $5,761 | $413,067 | $0 | $0 |
| 2014 | $5,761 | $382,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Palmer
-
Yework Birre
Buyer's Agent in 2023
Yework Birre
Heymann Realty, LLC
(301) 442-4833
9 in this area
91 Total Sales
-
D. Lynn Pugh
Buyer's Agent in 2020
D. Lynn Pugh
Weichert Corporate
(301) 332-8809
25 Total Sales
-
Al Woodson
A
Buyer's Agent in 2017
Al Woodson
RE/MAX
(301) 299-1000
-
J
Buyer's Agent in 2014
Janice Suit
Rosselle Realty Services
Map
Source: Bright MLS
MLS Number: MDMC2108230
APN: 05-02058717
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