NOT LISTED FOR SALE

12423 Loft Ln Silver Spring, MD 20904

Estimated Value: $459,000 - $483,316

3 Beds
2.5 Baths
1,232 Sq Ft
$383/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $308,000 $250 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,092/month

3 Days on Market

Highlights

  • Colonial Architecture
  • James Hubert Blake High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

Wonderful and well maintained townhouse in Rolling Acres. Move in ready! Three bedrooms and two and a half baths. Bright and spacious with ample bedroom space. Two parking spaces - one assigned and one open. Close to Rt 29 for ease of access and travel to all points. Portions freshly painted and carpet is newer.

Last Agent to Sell the Property

Bruce Wertz

Cranford & Associates License #592869 Listed on: 03/13/2019

Last Buyer's Agent

Alex Martinez

The Agency DC License #BR98379367

The Agency DC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,971

Year Built

  • Built in 1983

Lot Details

  • 1,540

HOA Fees

  • $78 Monthly HOA Fees

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Additional Features

  • 1,540 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Rolling Acres HOA, Phone Number (301) 680-0700
  • Rolling Acres Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 160502130211

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,971

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
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Remarks Public: Wonderful and well maintained townhouse in Rolling Acres. Move in ready! Three bedrooms and two and a half baths. Bright and spacious with ample bedroom space. Two parking spaces - one assigned and one open. Close to Rt 29 for ease of access and travel to all points. Portions freshly painted and carpet is newer.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3+
  • Basement: Yes
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 242.69
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12423

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Refuse: 282.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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 Name: ROLLING ACRES
  • HOA Phone: 301-680-0700
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 123700.00
  • Land Assessed Value: 132000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1540.00
  • Year Assessed: 2018
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13846187
  • Tax Annual Amount: 2971.00
  • Assessor Parcel Number: 160502130211
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 1232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/05/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 5, 2019
Sold by
Judith A Davis Living Trust
Bought by
Yimam Leoulseged A and Tekelu Azeb W
Seller's Agent
Bruce Wertz
Cranford & Associates
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$299,000
Sold Price
$308,000
Premium/Discount to List
$9,000
3.01%
Total Days on Market
3
Current Estimated Value
$471,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,829
Avg. Annual Appreciation
6.80%
Original Mortgage
$298,760
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Davis Judith A
Bought by
Davis Judith A Trustee
Source: Public Records

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Range of Values:

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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
Yimam Leoulseged A $308,000 Integra Title & Escrow Inc
Davis Judith A Trustee -- --
Davis Judith A Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayimam Leoulseged $297,625
Closed Yimam Leoulseged A $298,760
Previous Owner Davis Judith A $68,761
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $308,000 +3.0% $250 / Sq Ft
03/13/2019 03/13/19 For Sale $299,000 -- $243 / 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
2024 $4,388 $336,367 $0 $0
2023 $4,728 $307,300 $138,600 $168,700
2022 $2,964 $290,100 $0 $0
2021 $2,716 $272,900 $0 $0
2020 $2,494 $255,700 $132,000 $123,700
2019 $2,386 $248,033 $0 $0
2018 $2,280 $240,367 $0 $0
2017 $2,203 $232,700 $0 $0
2016 $2,462 $225,067 $0 $0
2015 $2,462 $217,433 $0 $0
2014 $2,462 $209,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Wertz

    Seller's Agent in 2019

    Bruce Wertz

    Cranford & Associates

    (240) 286-3944

    112 Total Sales

    Bruce Wertz
    Section Image
  • Alex Martinez

    Buyer's Agent in 2019

    Alex Martinez

    The Agency DC

    (240) 258-2668

    12 in this area

    1,147 Total Sales

    Alex Martinez
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC623400

Bright MLS

APN: 05-02130211

Maryland Montgomery County Silver Spring 20904

12423 Loft Ln, Silver Spring, MD

This home is located at 12423 Loft Ln, Silver Spring, MD 20904 since 13 March 2019 and is currently estimated at $471,829, approximately $382 per square foot. This property was built in 1983. 12423 Loft Ln is a home located in Montgomery County with nearby schools including Fairland Elementary School, Briggs Chaney Middle School, and James Hubert Blake High School.

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