NOT LISTED FOR SALE

12504 Palermo Dr Silver Spring, MD 20904

Estimated Value: $531,000 - $594,549

3 Beds
2 Baths
1,875 Sq Ft
$306/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $375,000 $200 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,564/month

6 Days on Market

Highlights

  • 0.37 Acre Lot
  • Traditional Floor Plan
  • Wood Flooring
  • Galway Elementary School Rated A-
  • Rambler Architecture
  • Main Floor Bedroom

About This Home

As of January 2019

SOLID home - SMART move! Located in the commuter convenient Calverton community of Silver Spring, MD this 3 bedroom 2 full bathroom brick rambler is situated on an extremely large lot with plenty of room to roam. Ideal neighborhood that is close to schools, shopping centers, movie theaters, restaurants, and many other amenities.House features include: Beautifully refinished hardwood floors, separate dining room, updated kitchen, master bathroom, big basement, fun family room with sliding glass door to huge back yard, and private driveway.

Last Agent to Sell the Property

Joan Carmichael

CENTURY 21 New Millennium Listed on: 11/29/2018

CENTURY 21 New Millennium

Last Buyer's Agent

Felipe Perez

Realty Advantage of Maryland LLC License #582673

Realty Advantage of Maryland LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,202

Year Built

  • Built in 1966

Lot Details

  • 0.37 Acre Lot
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Country Kitchen
  • Oven
  • Stove
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Shed

Schools

  • Galway Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Calverton Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 160500362698

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,202

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1966
  • Remarks Public: SOLID home - SMART move! Located in the commuter convenient Calverton community of Silver Spring, MD this 3 bedroom 2 full bathroom brick rambler is situated on an extremely large lot with plenty of room to roam. Ideal neighborhood that is close to schools, shopping centers, movie theaters, restaurants, and many other amenities.House features include: Beautifully refinished hardwood floors, separate dining room, updated kitchen, master bathroom, big basement, fun family room with sliding glass door to huge back yard, and private driveway.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven - Single, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Primary Bath(s), Recessed Lighting, Wood Floors
  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 1875
  • Price Per Sq Ft: 299.60
  • Above Grade Finished Sq Ft: 1250
  • Below Grade Finished Sq Ft: 625
  • Below Grade Sq Ft: 625
  • Total Below Grade Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12504

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Private
  • Type Of Parking: Driveway

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GALWAY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: GALWAY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16183.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4202.00
  • Assessor Parcel Number: 160500362698
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 1875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/10/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Jan 10, 2019
Sold by
Torres Christino and Torres Chris
Bought by
Granados Duwlas O
Seller's Agent
Joan Carmichael
CENTURY 21 New Millennium
Buyer's Agent
Felipe Perez
Realty Advantage of Maryland LLC
List Price
$374,500
Sold Price
$375,000
Premium/Discount to List
$500
0.13%
Current Estimated Value
$572,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,887
Avg. Annual Appreciation
6.58%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2010
Sold by
Torres Chris and Torres Myra
Bought by
Torres Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,140
Interest Rate
4.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 30, 2004
Sold by
Oberle Richard L and Oberle B K
Bought by
Torres Chris and Torres Myra
Source: Public Records

Range of Values:

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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
Granados Duwlas O $375,000 None Available
Torres Chris -- --
Torres Chris $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granados Caballero Duwlas Omar $1,000,000
Closed Granados Caballero Duwlas Omar $250,000
Closed Granados Caballero Duwlas Omar $185,000
Closed Granados Duwlas O $300,000
Previous Owner Torres Chris $342,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2019 01/10/19 Sold $375,000 +0.1% $200 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $374,500 -- $200 / 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 $5,300 $452,600 -- --
2024 $5,300 $421,500 $0 $0
2023 $5,609 $390,400 $273,100 $117,300
2022 $3,884 $377,733 $0 $0
2021 $3,691 $365,067 $0 $0
2020 $3,526 $352,400 $273,100 $79,300
2019 $3,511 $352,400 $273,100 $79,300
2018 $3,510 $352,400 $273,100 $79,300
2017 $3,625 $370,200 $0 $0
2016 $3,433 $349,267 $0 $0
2015 $3,433 $328,333 $0 $0
2014 $3,433 $307,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC235828

Bright MLS

APN: 05-00362698