NOT LISTED FOR SALE

12508 Palermo Dr Silver Spring, MD 20904

Estimated Value: $556,000 - $614,593

3 Beds
3 Baths
2,300 Sq Ft
$254/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $430,000 $187 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,666/month

32 Days on Market

Highlights

  • 0.49 Acre Lot
  • Rambler Architecture
  • 1 Fireplace
  • Galway Elementary School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2020

A Home To Make Memories...Beautiful Rambler on 1/2 acre lot.Enjoy the many features of this home including fresh paint throughout and newly refinished hardwood floors on main level including bedrooms. Updates include master bathroom and new flooring in kitchen and family room. Finished walkout lower level includes family room with wood burning fireplace, full bath, recreation room with bar area and built-in shelving and an additional room that could be a 4th bedroom or game room.Gorgeous, expansive backyard features mature trees, patio and multi-level deck spanning the back of home with access from both the dining room and master bedroom. This yard is truly a rare find in Calverton.

Last Agent to Sell the Property

Robert Foy

RE/MAX Advantage Realty License #35065 Listed on: 05/15/2020

RE/MAX Advantage Realty

Last Buyer's Agent

Briseida Avelar

First Decision Realty LLC License #0225256090

First Decision Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1966

Lot Details

  • 0.49 Acre Lot
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Gym
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Improved Basement

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

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 160500359428

Community Details

Overview

  • No Home Owners Association
  • Calverton Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,400

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1966
  • Remarks Public: A Home To Make Memories...Beautiful Rambler on 1/2 acre lot.Enjoy the many features of this home including fresh paint throughout and newly refinished hardwood floors on main level including bedrooms. Updates include master bathroom and new flooring in kitchen and family room. Finished walkout lower level includes family room with wood burning fireplace, full bath, recreation room with bar area and built-in shelving and an additional room that could be a 4th bedroom or game room.Gorgeous, expansive backyard features mature trees, patio and multi-level deck spanning the back of home with access from both the dining room and master bedroom. This yard is truly a rare find in Calverton.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Table Space
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Exercise Room, Laundry
  • Basement: Yes
  • Basement Type: Full, Improved, Walkout Level
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 344.00
  • Above Grade Finished Sq Ft: 1250
  • Below Grade Finished Sq Ft: 1050
  • Below Grade Sq Ft: 200
  • Total Below Grade Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12508

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Refuse: 213.26
  • 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
  • Association Recreation Fee: 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86400.00
  • Land Assessed Value: 283900.00
  • Land Use Code: 011
  • Lot Size Acres: 0.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21514.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13911399
  • Tax Annual Amount: 4400.00
  • Assessor Parcel Number: 160500359428
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 1875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/15/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 15, 2020
Sold by
Clifford Patricia and Clifford Earnest C
Bought by
Quintanilla Mario A Romero and Benavides Licet Rodriguez
Seller's Agent
Robert Foy
RE/MAX Advantage Realty
Buyer's Agent
Briseida Avelar
First Decision Realty LLC
List Price
$414,900
Sold Price
$430,000
Premium/Discount to List
$15,100
3.64%
Current Estimated Value
$583,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,148
Avg. Annual Appreciation
5.67%
Original Mortgage
$417,100
Outstanding Balance
$372,168
Interest Rate
3.2%
Estimated Equity
$198,137

Purchase Details

Closed on
May 8, 2007
Sold by
Smullen Russell E
Bought by
Clifford Ernest C Jr Tr

Purchase Details

Closed on
Mar 30, 2007
Sold by
Smullen Russell E
Bought by
Clifford Ernest C Jr Tr

Purchase Details

Closed on
Jan 3, 1997
Sold by
J Howard H and J E Luehrs K
Bought by
Russell E Smullen
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
Quintanilla Mario A Romero $430,000 Ktl Title Group Llc
Clifford Ernest C Jr Tr $460,000 --
Clifford Ernest C Jr Tr $460,000 --
Russell E Smullen $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintanilla Mario A Romero $417,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $430,000 0.0% $187 / Sq Ft
06/30/2020 06/30/20 Price Changed $430,000 +3.6% $187 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $414,900 0.0% $180 / Sq Ft
06/11/2020 06/11/20 For Sale $414,900 -2.1% $180 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $423,808 +4.9% $184 / Sq Ft
05/15/2020 05/15/20 For Sale $404,000 -- $176 / 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 $5,868 $510,133 -- --
2024 $5,868 $470,867 $0 $0
2023 $4,700 $431,600 $283,900 $147,700
2022 $4,253 $411,167 $0 $0
2021 $3,974 $390,733 $0 $0
2020 $1,862 $370,300 $283,900 $86,400
2019 $3,709 $370,300 $283,900 $86,400
2018 $3,708 $370,300 $283,900 $86,400
2017 $3,821 $389,800 $0 $0
2016 $3,647 $366,267 $0 $0
2015 $3,647 $342,733 $0 $0
2014 $3,647 $319,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC706824

Bright MLS

APN: 05-00359428