NOT LISTED FOR SALE

130 Farmgate Ln Silver Spring, MD 20905

Estimated Value: $822,496 - $886,000

4 Beds
3.5 Baths
3,420 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $612,500 $179 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,081/month

119 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Marble Flooring
  • Stonegate Elementary School Rated A-
  • Traditional Floor Plan
  • Space For Rooms

About This Home

As of August 2019

Original owners are ready to let this gem go. Well-built, well-maintained 4-bedroom, 3.5 bath Colonial with center columned portico in Norwood Knolls development in the Stonegate neighborhood sits on a 1/2 acre lot. This former model home boasts impressive curb appeal, 4 fireplaces (three with Heatilator), 2-car garage, a walk out basement, and custom crown molding. Beautiful Study with custom built in bookcase surrounding a stone hearth. Enormous master bedroom includes large sitting room. Updated kitchen, bathrooms, roof, siding and deck. HVAC was replaced in 2016, water heater and garage doors were replaced in 2017. Small addition was completed in 2004 adding a bright eat-in kitchen area, and an additional basement room. New carpets in the bedrooms. Freshly painted and move-in ready. Well-situated in a lovely neighborhood, down the street from Stonegate park and pool.

Last Agent to Sell the Property

Kyunghi Nam

(240) 354-6564 kyunghinam@gmail.com East West Realty License #66653 Listed on: 03/15/2019

Co-Listed By

Kiyoung Nam

(240) 481-2873 kiyoung@gmail.com East West Realty License #SP200202986

Last Buyer's Agent

Syed Raza

(443) 255-0623 abbasraza786@gmail.com Classic Select Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,847

Year Built

  • Built in 1980

Lot Details

  • 0.47 Acre Lot
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Skylights
  • 4 Fireplaces
  • Heatilator
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Stone Fireplace
  • Wood Frame Window
  • Window Screens
  • Sliding Doors
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Utility Room

Kitchen

  • Breakfast Room
  • Built-In Oven
  • Cooktop with Range Hood
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

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

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Space For Rooms
  • Basement Windows

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck

Schools

  • Stonegate Elementary School
  • White Oak Middle School
  • James Hubert Blake High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160501761441

Community Details

Overview

  • No Home Owners Association
  • Colesville Outside Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,847

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Stove/Range, Refrigerator with Ice Maker, Extra Refrigerator, Washer, Dryer, Alarm System, Fire Place Screens/Door, Garage Door Openers, Garage Door Remote/FOB.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-03-15
  • Federal Flood Zone: No
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Range Hood, Extra Refrigerator/Freezer, Icemaker, Dishwasher, Disposal, Dryer, Washer
  • Flooring Type: Hardwood, Partially Carpeted, Vinyl, Marble
  • Interior Amenities: Bar, Breakfast Area, Carpet, Crown Moldings, Dining Area, Floor Plan - Traditional, Primary Bath(s), Skylight(s)
  • Window Features: Screens, Wood Frame, Storm
  • Fireplace Features: Heatilator, Stone, Screen, Fireplace - Glass Doors
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, Beamed Ceilings
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Breakfast Room, Study, Laundry, Utility Room, Bonus Room
  • Basement: Yes
  • Basement Type: Partially Finished, Outside Entrance, Interior Access, Space For Rooms, Unfinished, Walkout Level, Windows, Combination
  • Basement Finished Percent: 70.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 3708
  • Living Area Sq Ft: 3420
  • Price Per Sq Ft: 244.69
  • Above Grade Finished Sq Ft: 2636
  • Below Grade Finished Sq Ft: 784
  • Below Grade Sq Ft: 288
  • Total Below Grade Sq Ft: 1072
  • 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, Vinyl Siding
  • Roof: Composite
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Garage - Side Entry, Inside Access, Oversized, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Previous Twelve Months Electric Expense: 1970.78
  • Gas Avg Month: 95.39
  • Gas Prev12 Months: 1144.63
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 572.04
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: STONEGATE
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WHITE OAK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 315500.00
  • Land Assessed Value: 257500.00
  • Lot Size Acres: 0.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20430.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R200
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13844248
  • Tax Annual Amount: 6847.00
  • Assessor Parcel Number: 160501761441
  • Tax Lot: 1
  • County Tax Payment Frequency: Semi-Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Aug 23, 2019
Sold by
Lee Dae Sup and Lee Hea Lan
Bought by
Nawaz Muhammad R and Abbasi Muhammad Z
Seller's Agent
Kyunghi Nam
East West Realty
Buyer's Agent
Syed Raza
Classic Select Inc
List Price
$665,000
Sold Price
$612,500
Premium/Discount to List
-$52,500
-7.89%
Current Estimated Value
$843,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,124
Avg. Annual Appreciation
5.15%
Original Mortgage
$490,000
Outstanding Balance
$429,149
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$414,475
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nawaz Muhammad R $612,500 Heritage Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nawaz Muhammad R $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $612,500 -5.0% $179 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $645,000 -3.0% $189 / Sq Ft
05/10/2019 05/10/19 For Sale $665,000 +8.6% $194 / Sq Ft
04/09/2019 04/09/19 Off Market $612,500 -- --
04/01/2019 04/01/19 Price Changed $650,000 -7.0% $190 / Sq Ft
03/15/2019 03/15/19 For Sale $699,000 -- $204 / 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 $8,091 $707,533 -- --
2024 $8,091 $650,067 $0 $0
2023 $8,099 $592,600 $257,500 $335,100
2022 $6,368 $591,333 $0 $0
2021 $6,289 $590,067 $0 $0
2020 $6,241 $588,800 $257,500 $331,300
2019 $6,847 $583,533 $0 $0
2018 $6,082 $578,267 $0 $0
2017 $6,209 $573,000 $0 $0
2016 -- $567,800 $0 $0
2015 $7,023 $562,600 $0 $0
2014 $7,023 $557,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC622520

Bright MLS

APN: 05-01761441