NOT LISTED FOR SALE

12431 Loft Ln Silver Spring, MD 20904

Estimated Value: $429,000 - $482,000

3 Beds
2.5 Baths
1,188 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $280,000 $236 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,789/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Central Air
  • James Hubert Blake High School Rated A
  • Space For Rooms
  • Dining Area

About This Home

As of October 2017

Well kept 3 bed/2.5 bath/unfinished basement, not walk-out level but full, large treck deck ,fenced yard, END unit townhome for sale in Rolling Acres. This home is close to the ICC, route 29, 95, restaurants, and shopping. Roof is only 6 years old, laminate floors, marble tile in the kitchen, but needs some cosmetic updates, selling "AS-IS" condition. Well below market value.

Last Agent to Sell the Property

Stacy Yang

(443) 668-0453 stacy4989@gmail.com Realty 1 Maryland, LLC License #592440 Listed on: 09/13/2017

Last Buyer's Agent

don gladstone

(301) 377-9921 don.riverstone@icloud.com REMAX Platinum Realty

REMAX Platinum Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1983

Lot Details

  • 1,960 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Sump Pump
  • Space For Rooms

Schools

  • Fairland Elementary School
  • Briggs Chaney Middle School
  • James Hubert Blake High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Rolling Acres Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 33
  • Assessor Parcel Number 160502130244

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,887

Year Built

Built in 1983

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2017-09-14
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Primary Bath(s), Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Space For Rooms, Full, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Shingle Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 188.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: FAIRLAND
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Improvement Assessed Value: 100000.00
  • Land Assessed Value: 132000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1960
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1960.00
  • Property Attached Yn: Yes
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13846191
  • Tax Annual Amount: 2887.11
  • Assessor Parcel Number: 160502130244
  • Tax Lot: 33
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 6, 2017
Sold by
Kim Chong Bin
Bought by
Shadrach Sharmathi Tm
Seller's Agent
Stacy Yang
Realty 1 Maryland, LLC
Buyer's Agent
don gladstone
REMAX Platinum Realty
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
$455,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,181
Avg. Annual Appreciation
6.07%
Original Mortgage
$274,928
Outstanding Balance
$228,400
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$226,781

Purchase Details

Closed on
Nov 6, 2002
Sold by
Kim Yung J
Bought by
Kim Chong B

Purchase Details

Closed on
Nov 9, 1999
Sold by
Gardner Henry E
Bought by
Kim Yung J

Purchase Details

Closed on
Mar 30, 1994
Sold by
Williams C R
Bought by
Gardner Henry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
7.07%
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
Shadrach Sharmathi Tm $280,000 None Available
Kim Chong B $160,000 --
Kim Yung J $125,000 --
Gardner Henry E $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shadrach Sharmathi Tm $274,928
Previous Owner Gardner Henry E $107,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $280,000 -1.8% $236 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $285,000 -- $240 / 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 $4,148 $341,467 -- --
2024 $4,148 $315,533 $0 $0
2023 $3,140 $289,600 $138,600 $151,000
2022 $2,828 $277,800 $0 $0
2021 $2,478 $266,000 $0 $0
2020 $2,478 $254,200 $132,000 $122,200
2019 $2,372 $246,800 $0 $0
2018 $2,269 $239,400 $0 $0
2017 $2,227 $232,000 $0 $0
2016 -- $224,367 $0 $0
2015 $2,482 $216,733 $0 $0
2014 $2,482 $209,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001012165

Bright MLS

APN: 05-02130244