NOT LISTED FOR SALE

12502 Davan Dr Silver Spring, MD 20904

Estimated Value: $900,000 - $1,005,000

7 Beds
4.5 Baths
3,492 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $905,000 $259 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,710/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Springbrook High School Rated A-
  • No HOA

About This Home

As of June 2023

Welcome to 12502 Davan Drive- a tastefully renovated 7BR/4.5BA home perfectly situated on a quiet cul-de-sac. This 3-level home has been completely reimagined and redesigned by the current owners offering a brand new open and sun-filled floor plan, hardwood floors, updated kitchen with stainless steel appliances, luxury bathrooms, an apartment downstairs, and amazing outdoor space.

The main level is without a doubt the heart of the home. The minute you walk through the front door you are filled with natural light and the convenience of having the kitchen, living, and dining area all in one space. The renovated gourmet kitchen features new appliances, custom cabinetry with new finishes, and so much more. Tucked away from the living area you will find the cozy four-season sunroom as well as the brand new MASSIVE deck perfect for entertaining and unwinding.

The second level boasts five spacious bedrooms, three baths, and laundry for added convenience, while the lower level includes a two-bed, one full bath, apartment (complete with separate entrance, kitchen and laundry) with a walkout to a gorgeous patio that spans the entire back of the home. Enjoy the private backyard that overlooks the woods— perfect to enjoy your morning coffee or evening cocktail.

The home sits on quiet cul de sac and is only a stones throw to parks, multiple trails, shops, restaurants, and more! Privacy meets convenience with the metro and ICC in quick proximity. This is the home you’ve been waiting for!

Last Agent to Sell the Property

Simon Sarver

(703) 509-4300 simon@kartaproperties.com Compass Listed on: 05/19/2023

Compass

Last Buyer's Agent

Cleaveland Smith

(301) 646-8283 cleavelandsmith@boblucidoteam.com Compass License #671019

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,381

Year Built

  • Built in 1964

Lot Details

  • 0.57 Acre Lot
  • Property is zoned R200

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry

Utilities

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

Community Details

  • No Home Owners Association
  • North Springbrook Subdivision

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 160500342543

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,381

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-05-20
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Rear Entrance, Walkout Level, Connecting Stairway, Outside Entrance
  • Total Sq Ft: 4180
  • Living Area Sq Ft: 3492
  • Price Per Sq Ft: 311.80
  • Above Grade Finished Sq Ft: 2822
  • Below Grade Finished Sq Ft: 670
  • Below Grade Sq Ft: 688
  • Total Below Grade Sq Ft: 1358
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24758.00
  • Zoning: R200
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6381.00
  • Assessor Parcel Number: 160500342543
  • Tax Lot: 65
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 30, 2023
Sold by
Vakser Polina and Vakser Yefim
Bought by
Nu-Life Assisted Living Inc
Seller's Agent
Simon Sarver
Compass
Buyer's Agent
Cleaveland Smith
Compass
List Price
$879,900
Sold Price
$905,000
Premium/Discount to List
$25,100
2.85%
Views
48
Current Estimated Value
$954,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,199
Avg. Annual Appreciation
2.20%
Original Mortgage
$724,000
Outstanding Balance
$706,729
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$247,470

Purchase Details

Listed on
Aug 24, 2017
Closed on
Jan 3, 2018
Sold by
Bank Of America N A
Bought by
Vakser Yefim and Vakser Polina
Seller's Agent
Michael Burdett
Rosselle Realty Services
Buyer's Agent
Simon Sarver
Compass
List Price
$412,000
Sold Price
$381,000
Premium/Discount to List
-$31,000
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.20%

Purchase Details

Closed on
Dec 27, 2016
Sold by
Berman Doris
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 22, 2011
Sold by
Berman Doris
Bought by
Berman Doris

Purchase Details

Closed on
Oct 13, 2010
Sold by
Berman Doris
Bought by
Berman Doris
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
Nu-Life Assisted Living Inc $905,000 Metro National Title
Nu-Life Assisted Living Inc $905,000 Metro National Title
Vakser Yefim $381,000 Solidfi Title
Bank Of America Na $540,000 None Available
Berman Doris -- --
Berman Doris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nu-Life Assisted Living Inc $724,000
Closed Nu-Life Assisted Living Inc $724,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $905,000 +2.9% $259 / Sq Ft
05/19/2023 05/19/23 For Sale $879,900 +130.9% $252 / Sq Ft
01/18/2018 01/18/18 Sold $381,000 +0.3% $135 / Sq Ft View Prior Sale
12/21/2017 12/21/17 Pending -- -- --
11/28/2017 11/28/17 Price Changed $380,000 -7.8% $135 / Sq Ft
11/20/2017 11/20/17 For Sale $412,000 0.0% $146 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $412,000 -- $146 / 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 $8,226 $775,700 -- --
2024 $8,226 $661,800 $0 $0
2023 $0 $547,900 $238,900 $309,000
2022 $6,381 $529,800 $0 $0
2021 $5,883 $511,700 $0 $0
2020 $5,883 $493,600 $238,900 $254,700
2019 $5,818 $490,200 $0 $0
2018 $5,764 $486,800 $0 $0
2017 $5,817 $483,400 $0 $0
2016 -- $458,933 $0 $0
2015 $4,743 $434,467 $0 $0
2014 $4,743 $410,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2092856

Bright MLS

APN: 05-00342543