NOT LISTED FOR SALE

12436 Palermo Dr Silver Spring, MD 20904

Estimated Value: $596,000 - $653,000

6 Beds
4 Baths
2,113 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $380,000 $180 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,934/month

10 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.37 Acre Lot
  • Deck
  • Galway Elementary School Rated A-
  • Open Floorplan
  • Private Lot

About This Home

As of October 2012

REGULAR SALE, FULLY RENOVATED, HUGE HOUSE W/3000+ SQFT OF FIN'D AREA, ABOVE GROUND IN LAW STE W/2 FB/2 BR/ DEN & SUN RM, OPEN KIT W/BRKFAST AREA, GRANITE COUNTERS, SS APPS, NEW BATHS, NEWER WINDOWS, HWF ON MAIN LVL, GLASS DR OPENS TO LARGE DECK, LONG DRVWY W/CARPORT, DISABILITY ACCESS, PATIO, ALMOST 0.4 ACRE FENCED IN YARD W/SHED, CLOSE TO SHOPS, MAJOR RTES, METRO&PUBLIC TRSPORTATION. AGENT OWNER.

Last Agent to Sell the Property

Lan Yin

LuxManor Real Estate, Inc License #MD533602 Listed on: 09/07/2012

Last Buyer's Agent

Kiros Asmamaw

Heymann Realty, LLC License #595185

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,292

Year Built

  • Built in 1966 | Remodeled in 2012

Lot Details

  • 0.37 Acre Lot
  • Property is Fully Fenced
  • Private Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,113 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space
  • Off-Street Parking

Accessible Home Design

  • Grab Bars
  • Modifications for wheelchair accessibility

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160500361193

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,292

Year Built

Built in 1966 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Grab Bars Mod, Wheelchair Mod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1966
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Kitchen - Table Space, Master Bath(s), Crown Moldings, Entry Level Bedroom, Upgraded Countertops, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Energy Star Qualified
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Bedroom 1, Study, Sun/Florida Room, In-Law/AuPair/Suite, Laundry, Storage Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2113
  • Living Area Sq Ft: 2113
  • Price Per Sq Ft: 179.79
  • Above Grade Finished Sq Ft: 2113
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 4
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Asphalt
  • 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: 1
  • Parking Features: Carport
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Carport

Utilities

  • Refuse: 213.76
  • 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
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 83100.00
  • Land Assessed Value: 241600.00
  • Lot Features: Backs To Trees, Private
  • Lot Size Acres: 0.37
  • Lot Size Area: 16275
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16275.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13842002
  • Tax Annual Amount: 4292.05
  • Assessor Parcel Number: 160500361193
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 1591
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 10/17/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2012
Closed on
Oct 17, 2012
Sold by
Ideal Homes Llc
Bought by
Gebremedhim Mekonen and Weldeyohanes Genet
Seller's Agent
Lan Yin
LuxManor Real Estate, Inc
Buyer's Agent
Kiros Asmamaw
Heymann Realty, LLC
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$632,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,030
Avg. Annual Appreciation
3.86%
Original Mortgage
$363,915
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2012
Closed on
May 31, 2012
Sold by
Hsbc Bank Usa Na
Bought by
Ideal House Llc
Seller's Agent
Linda McCauley
RealHome Services and Solutions, Inc.
Buyer's Agent
Lan Yin
LuxManor Real Estate, Inc
List Price
$242,000
Sold Price
$249,199
Premium/Discount to List
$7,199
2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
290.02%

Purchase Details

Closed on
Sep 30, 1994
Sold by
Ornold Simone L
Bought by
Purcell Linna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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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
Gebremedhim Mekonen $380,000 Millennium Title & Abstract
Ideal House Llc $249,199 Premium Title Services
Purcell Linna S $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gebremedhim Mekonen $363,915
Previous Owner Purcell Linna Sellers $332,500
Previous Owner Purcell Linna S $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2012 10/17/12 Sold $380,000 0.0% $180 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $379,900 +52.4% $180 / Sq Ft
06/26/2012 06/26/12 Sold $249,199 +3.0% $157 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $242,000 -- $152 / 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 $5,875 $513,000 -- --
2024 $5,875 $471,500 $0 $0
2023 $4,682 $430,000 $273,400 $156,600
2022 $4,274 $413,100 $0 $0
2021 $3,823 $396,200 $0 $0
2020 $3,823 $379,300 $273,400 $105,900
2019 $3,808 $379,300 $273,400 $105,900
2018 $3,807 $379,300 $273,400 $105,900
2017 $4,066 $395,500 $0 $0
2016 -- $371,900 $0 $0
2015 $3,600 $348,300 $0 $0
2014 $3,600 $324,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004148622

Bright MLS

APN: 05-00361193