NOT LISTED FOR SALE

12505 Two Farm Dr Silver Spring, MD 20904

Estimated Value: $568,000 - $669,018

4 Beds
2 Baths
1,640 Sq Ft
$387/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $350,000 $213 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,011/month

83 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Stream or River on Lot
  • Springbrook High School Rated A-
  • Secluded Lot
  • Wooded Lot

About This Home

As of March 2014

Home AS IS & needs remodeling but perfect for rehabber/investor. CASH ONLY! Priced $10K below appraised value! 4 beds/2 ba brick rancher on gorgeous .81 wooded lot @ end of quiet cul-de-sac backing to NW Park. Convenient to public transport, 495, ICC & steps to Springbrook HS. Features incl hdwd flrs, screened porch, masonry FP, fin bsmt w/walk-out, & carport/private driveway. Visible MOLD in bsmt

Last Agent to Sell the Property

Amy Sadacca

Cummings & Co. Realtors Listed on: 11/23/2013

Cummings & Co. Realtors

Last Buyer's Agent

Tianhui Briggs

Fairfax Realty Premier

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,120

Year Built

  • Built in 1961

Lot Details

  • 0.81 Acre Lot
  • Cul-De-Sac
  • Southeast Facing Home
  • Landscaped
  • No Through Street
  • Secluded Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in below average condition
  • Property is zoned R200

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Paneling
  • 2 Fireplaces
  • Heatilator
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Flood Lights

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Rough-In Basement Bathroom
  • Basement with some natural light

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Screened Patio

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Meadowood Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160500293497

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,120

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1961
  • Remarks Public: Home AS IS & needs remodeling but perfect for rehabber/investor. CASH ONLY! Priced $10K below appraised value! 4 beds/2 ba brick rancher on gorgeous .81 wooded lot @ end of quiet cul-de-sac backing to NW Park. Convenient to public transport, 495, ICC & steps to Springbrook HS. Features incl hdwd flrs, screened porch, masonry FP, fin bsmt w/walk-out, & carport/private driveway. Visible MOLD in bsmt
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven - Wall, Oven - Single, Refrigerator, Washer
  • Interior Amenities: Kitchen - Country, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Chair Railings, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Heatilator, Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Paneled Walls
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Partial, Partially Finished, Rough Bath Plumb, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 12505

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Flood Lights
  • 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, Concrete Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 160800.00
  • Land Assessed Value: 258600.00
  • Lot Features: Backs To Trees, Backs - Parkland, Cul-De-Sac, Landscaping, No Thru Street, Trees/Wooded, Stream/Creek, Secluded
  • Lot Size Acres: 0.81
  • Lot Size Area: 35408
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35408.00
  • Outdoor Living Structures: Screened, Deck(s)
  • Property Condition: Below Average
  • Year Assessed: 2014
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13837306
  • Tax Annual Amount: 5119.95
  • Assessor Parcel Number: 160500293497
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1640
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/07/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2013
Closed on
Mar 7, 2014
Sold by
Savage Michael
Bought by
Sekaran Daniel S and Sekaran Suresh Dorhabai
Seller's Agent
Amy Sadacca
Cummings & Co. Realtors
Buyer's Agent
Tianhui Briggs
Fairfax Realty Premier
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$634,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,505
Avg. Annual Appreciation
5.61%
Original Mortgage
$332,500
Outstanding Balance
$251,903
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$402,610

Purchase Details

Closed on
Sep 30, 2013
Sold by
Abarbanel Jeffrey and Estate Of Vincent Phillips Sav
Bought by
Savage Michael
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
Sekaran Daniel S $350,000 Attorney
Savage Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suresh Dorahbai $58,000
Open Sekaran Daniel S $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $350,000 0.0% $213 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $350,000 0.0% $213 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
01/02/2014 01/02/14 Price Changed $350,000 -12.3% $213 / Sq Ft
12/10/2013 12/10/13 Price Changed $399,000 -11.3% $243 / Sq Ft
11/23/2013 11/23/13 For Sale $450,000 -- $274 / 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 $6,647 $557,433 -- --
2024 $6,647 $524,667 $0 $0
2023 $5,555 $491,900 $289,700 $202,200
2022 $5,137 $479,800 $0 $0
2021 $4,772 $467,700 $0 $0
2020 $4,772 $455,600 $289,700 $165,900
2019 $4,744 $455,600 $289,700 $165,900
2018 $4,727 $455,600 $289,700 $165,900
2017 $4,852 $459,100 $0 $0
2016 -- $445,867 $0 $0
2015 $5,088 $432,633 $0 $0
2014 $5,088 $419,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003775326

Bright MLS

APN: 05-00293497