RENTED MAY 1, 2025

12500 Palermo Dr Silver Spring, MD 20904

Estimated Value: $563,000 - $624,000

4 Beds
3.5 Baths
2,500 Sq Ft
$238/Sq Ft Est. Value

Highlights

  • 0.34 Acre Lot
  • Open Floorplan
  • Wood Flooring
  • Galway Elementary School Rated A-
  • Rambler Architecture
  • Main Floor Bedroom

About This Home

As of May 2025

This beautiful freshly painted renovated single-family rambler-style home is located in the Calverton subdivision of Silver Spring, Maryland. The home offers 3 bedrooms, two full renovated baths, formal living room, separate dining room, large kitchen with side exit , newly refinished wood floors on main level; newly renovated lower level with bedroom, 1 1/2 baths, new ceramic flooring, egress windows, recreation room with woodburning fireplace, storage room, and level walkout to patio and hugh fenced lot with shed. Driveway parking and plenty of street parking. Close to shopping, restaurants, NIH and major roadways, Rt. 95, 495, and 210. Minutes to DC and downtown Silver Spring. Required credit score of 720+ and income above $100,000. Pets allowed on case by case basis.

Last Agent to Rent the Property

Jean Fling

(301) 792-6427 JFLING@AOL.COM Realty Advantage of Maryland LLC License #39091 Listed on: 03/30/2025

Realty Advantage of Maryland LLC

Last Renter's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Chain Link Fence
  • Cleared Lot
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Rear Basement Entry
  • Basement Windows

Parking

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

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Utilities

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

Community Details

  • No Home Owners Association
  • Calverton Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,500
  • Tenant pays for cable TV, common area maintenance, electricity, fireplace/flue cleaning, frozen waterpipe damage, gas, heat, insurance, hot water, internet, lawn/tree/shrub care, minor interior maintenance, pest control, snow removal, trash removal, all utilities, water, windows/screens
  • No Smoking Allowed
  • 24-Month Min and 60-Month Max Lease Term
  • Available 4/1/25
  • Assessor Parcel Number 160500362483

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Date Available: 2025-04-01
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 3500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Common Area Maintenance, Electricity, Fireplace/Flue Cleaning, Frozen Waterpipe Damage, Gas, Heat, Insurance, Hot Water, Internet, Lawn/Tree/Shrub Care, Minor Interior Maintenance, Pest Control, Snow Removal, Trash Removal, Utilities - All, Water, Windows/Screens
  • Vacation Rental: No
  • Max Lease in Months: 60
  • Min Lease in Months: 24
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven - Wall, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Bathroom - Tub Shower, Dining Area, Entry Level Bedroom, Wood Floors, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Interior Access, Walkout Level, Windows, Rear Entrance
  • Laundry Type: Dryer In Unit, Lower Floor, Has Laundry, Washer In Unit
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 2.80
  • Above Grade Finished Sq Ft: 1250
  • Below Grade Finished Sq Ft: 1250
  • Total Below Grade Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • 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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Chain Link
  • Lot Features: Cleared
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14889.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R90

Tax Info

  • Assessor Parcel Number: 160500362483

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Flores Oscar M and Flores Olga L
Current Estimated Value
$594,815

Purchase Details

Closed on
Apr 5, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Flores Oscar M and Flores Olga L

Purchase Details

Closed on
Mar 29, 2011
Sold by
Onewest Bank Fsb
Bought by
Federal Deposit Insurance Corporation

Purchase Details

Closed on
Feb 11, 2011
Sold by
Onewest Bank Fsb
Bought by
Federal Deposit Insurance Corporation

Purchase Details

Closed on
Jan 13, 2010
Sold by
Nguyen Chieu
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Jul 18, 2006
Sold by
Doubovik Oleg
Bought by
Nguyen Chieu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2006
Sold by
Doubovik Oleg
Bought by
Nguyen Chieu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1998
Sold by
Marek P Windak
Bought by
Doubovik Oleg and During Alexandrine L
Source: Public Records
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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
Flores Oscar M $222,500 --
Flores Oscar M $222,500 --
Federal Deposit Insurance Corporation -- --
Federal Deposit Insurance Corporation -- --
Onewest Bank Fsb $275,245 --
Nguyen Chieu $480,000 --
Nguyen Chieu $480,000 --
Doubovik Oleg $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Chieu $384,000
Previous Owner Nguyen Chieu $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Rented $3,500 0.0% --
03/30/2025 03/30/25 For Rent $3,500 +75.0% --
05/06/2016 05/06/16 Rented $2,000 -9.1% --
04/14/2016 04/14/16 Under Contract -- -- --
10/14/2015 10/14/15 For Rent $2,200 +10.0% --
03/01/2013 03/01/13 Rented $2,000 -4.8% --
03/01/2013 03/01/13 Under Contract -- -- --
01/22/2013 01/22/13 For Rent $2,100 +5.0% --
02/13/2012 02/13/12 Rented $2,000 -4.8% --
02/12/2012 02/12/12 Under Contract -- -- --
06/29/2011 06/29/11 For Rent $2,100 -- --
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 $5,680 $493,567 -- --
2024 $5,680 $454,533 -- --
2023 $5,207 $415,500 $269,100 $146,400
2022 $4,817 $399,600 $0 $0
2021 $4,388 $383,700 $0 $0
2020 $4,388 $367,800 $269,100 $98,700
2019 $4,308 $361,867 $0 $0
2018 $4,241 $355,933 $0 $0
2017 $4,247 $350,000 $0 $0
2016 $4,485 $336,367 $0 $0
2015 $4,485 $335,967 $0 $0
2014 $4,485 $309,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2172054

Bright MLS

APN: 05-00362483