NOT LISTED FOR SALE

126 Farmgate Ln Silver Spring, MD 20905

Estimated Value: $879,000 - $986,355

4 Beds
3.5 Baths
5,243 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $750,000 $143 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,648/month

16 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Recreation Room
  • Stonegate Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of August 2021

NEW PRICE! Truly one of a kind four bed, three and one half bath tudor colonial on a large corner lot with over 5,000 square feet of finished living space and a two car garage. The updated eat in kitchen offers white cabinets, granite counters and upgraded stainless steel appliances. The family room is highlighted by a magnificent stone fireplace, recessed lighting, built in bookshelves, chair rail moldings, crown moldings and upgraded windows throughout. The spacious living room and dining room have been freshly painted with gleaming hardwood floors and french doors leading to the deck. Off the dining room there are glass doors leading to a sunroom with a wall of windows and tons of natural light. The luxurious primary suite has a brick fireplace and an additional sitting room or office with tons of closet space. The primary bath has been renovated with new flooring, new large vanity, new light fixture and tasteful accent wall behind the mirror. There are an additional three spacious bedrooms upstairs accompanied by a newly renovated hallway bath with new double sink vanity, new flooring, new light fixtures and mirrors. The basement has an expansive recreation room with high ceilings, crown moldings, recessed lighting, full bath, wet-bar, brick fireplace, tons of storage space and sliding glass doors leading to the backyard. The backyard has a freshly painted deck off the kitchen with an in-ground pool, large grass area fenced in and a built-in storage area. House is sold in “as-is” condition.

Last Agent to Sell the Property

Chad Dudley

(240) 994-8625 cdudleyhomes@gmail.com Compass License #636589 Listed on: 07/14/2021

Compass

Co-Listed By

Katie Oliverio

(301) 787-5112 katie.oliverio@compass.com Compass License #SP98375881

Last Buyer's Agent

Ruben Arcila

(202) 285-3657 ruben@longandfoster.com District Pro Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 1982

Lot Details

  • 0.44 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 4 Fireplaces
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Storage Room
  • Finished Basement
  • Rear Basement Entry

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Colesville Outside Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160501761430

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,007

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Cooktop, Dryer, Freezer, Oven - Wall, Stainless Steel Appliances, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Kitchen - Island, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Mantel(s), Screen, Fireplace - Glass Doors
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Recreation Room, Storage Room, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Rear Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 5343
  • Living Area Sq Ft: 5243
  • Price Per Sq Ft: 205.14
  • Above Grade Finished Sq Ft: 3700
  • Below Grade Finished Sq Ft: 1543
  • Below Grade Sq Ft: 100
  • Total Below Grade Sq Ft: 1643
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • 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, Combination, Stone, Stucco
  • Pool Features: In Ground
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 308.26
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 394100.00
  • Land Assessed Value: 255000.00
  • Lot Size Acres: 0.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19372.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13912299
  • Tax Annual Amount: 8007.00
  • Assessor Parcel Number: 160501761430
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 31, 2021
Sold by
Allen Susan M and The Susan M Allen Revocable Tr
Bought by
Ige Cyril Oluwagbenga and Francis Ige Jaime
Seller's Agent
Chad Dudley
Compass
Buyer's Agent
Ruben Arcila
District Pro Realty
List Price
$799,999
Sold Price
$750,000
Premium/Discount to List
-$49,999
-6.25%
Current Estimated Value
$938,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,089
Avg. Annual Appreciation
5.21%
Original Mortgage
$675,000
Outstanding Balance
$614,200
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$323,889

Purchase Details

Closed on
Mar 4, 2013
Sold by
Allen Susan M
Bought by
Allen Susan M and Susan M Allen Revocable Trust

Purchase Details

Closed on
Nov 10, 2005
Sold by
Allen Vincent S and Allen M S
Bought by
Allen Susan M

Purchase Details

Closed on
Apr 1, 1997
Sold by
D Bruce G and D Lowman D
Bought by
M Vincent S and M Allen S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ige Cyril Oluwagbenga $750,000 Harvest Title & Escrow Llc
Allen Susan M -- Fidelity National
Allen Susan M -- --
Allen Susan M -- --
M Vincent S $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ige Cyril Oluwagbenga $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $750,000 -1.2% $143 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/24/2021 07/24/21 Price Changed $759,000 -5.1% $145 / Sq Ft
07/14/2021 07/14/21 For Sale $799,999 -- $153 / 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 $9,328 $842,233 -- --
2024 $9,328 $745,667 $0 $0
2023 $7,492 $649,100 $255,000 $394,100
2022 $7,125 $649,100 $255,000 $394,100
2021 $7,053 $649,100 $255,000 $394,100
2020 $3,598 $685,900 $255,000 $430,900
2019 $7,315 $679,300 $0 $0
2018 $7,230 $672,700 $0 $0
2017 $7,380 $666,100 $0 $0
2016 $7,895 $661,367 $0 $0
2015 $7,895 $656,633 $0 $0
2014 $7,895 $651,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2005194

Bright MLS

APN: 05-01761430