NOT LISTED FOR SALE

1301 Silo Way Silver Spring, MD 20905

Estimated Value: $675,000 - $713,000

4 Beds
2.5 Baths
2,966 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $610,000 $206 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,180/month

Highlights

  • Colonial Architecture
  • Recreation Room
  • Attic
  • Dr. Charles R. Drew Elementary School Rated A
  • Traditional Floor Plan
  • No HOA

About This Home

As of October 2022

Colonial Style Single Family Home on a quiet cul-de-sac. This home has 4 bedrooms, 2 full bathrooms and 1 half bathroom. The main level features formal living and dining rooms and a family room with a fireplace. The kitchen has stainless steel appliances, Corian counter tops and white cabinets with table space. Also on this level is a powder room. There are hard wood floors throughout both the main level and the bedroom level. The upper level contains the primary bedroom/bathroom suite which has a large walk in closet. The other three spacious bedrooms are on this level and a full bathroom. The basement is fully finished with a large recreation room. The basement also has a bonus room that can be used in a variety of ways. Laundry is also in the basement. The house sits on a lot that is just over a quarter of an acre. The back yard is fully fenced. There is a large deck and separate cement patio. 2 car garage. Conveniently located near New Hampshire Avenue and the ICC, this home is close to everything you need: shops, restaurants, medical services, groceries, fitness, commuter routes & MORE!

Last Agent to Sell the Property

Brian Schenker

(240) 643-5299 brian@brianschenker.com Samson Properties License #584103 Listed on: 09/29/2022

Samson Properties

Last Buyer's Agent

Nurit Coombe

(202) 318-3428 nurit@teamnurit.com The Agency DC License #533175

The Agency DC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Eat-In Country Kitchen
  • Attic
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

  • Dr. Charles R. Drew Elementary School
  • Francis Scott Key Middle School
  • Springbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160502183003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,231

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-10-01
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Colonial Style Single Family Home on a quiet cul-de-sac. This home has 4 bedrooms, 2 full bathrooms and 1 half bathroom. The main level features formal living and dining rooms and a family room with a fireplace. The kitchen has stainless steel appliances, Corian counter tops and white cabinets with table space. Also on this level is a powder room. There are hard wood floors throughout both the main level and the bedroom level. The upper level contains the primary bedroom/bathroom suite which has a large walk in closet. The other three spacious bedrooms are on this level and a full bathroom. The basement is fully finished with a large recreation room. The basement also has a bonus room that can be used in a variety of ways. Laundry is also in the basement. The house sits on a lot that is just over a quarter of an acre. The back yard is fully fenced. There is a large deck and separate cement patio. 2 car garage. Conveniently located near New Hampshire Avenue and the ICC, this home is close to everything you need: shops, restaurants, medical services, groceries, fitness, commuter routes & MORE!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Kitchen - Country, Dining Area, Kitchen - Table Space, Floor Plan - Traditional
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Recreation Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2966
  • Living Area Sq Ft: 2966
  • Price Per Sq Ft: 297.62
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Finished Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1301

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: DR. CHARLES R. DREW
  • Middle School: FRANCIS SCOTT KEY
  • High School: SPRINGBROOK
  • 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: DR. CHARLES R. DREW
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood, Rear, Fully
  • Improvement Assessed Value: 207600.00
  • Land Assessed Value: 237200.00
  • Land Use Code: R
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12257.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13846618
  • Tax Annual Amount: 5231.00
  • Assessor Parcel Number: 160502183003
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/31/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 26, 2022
Sold by
Frias Jonathan
Bought by
Wood Derrick and Wood Mariama
Seller's Agent
Brian Schenker
Samson Properties
Buyer's Agent
Nurit Coombe
The Agency DC
List Price
$600,000
Sold Price
$610,000
Premium/Discount to List
$10,000
1.67%
Views
16
Current Estimated Value
$691,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,603
Avg. Annual Appreciation
4.35%
Original Mortgage
$488,000
Outstanding Balance
$466,630
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$224,973

Purchase Details

Listed on
Jul 13, 2012
Closed on
Sep 7, 2012
Sold by
Davis Gregg A and Davis Deborah L
Bought by
Frias Jonathan
Seller's Agent
Dave Savercool
Long & Foster Real Estate, Inc.
Buyer's Agent
Brian Schenker
Samson Properties
List Price
$385,900
Sold Price
$385,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$308,720
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wood Derrick $610,000 --
Wood Derrick $610,000 None Listed On Document
Frias Jonathan $385,900 Rsi Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Derrick $488,000
Closed Wood Derrick $488,000
Previous Owner Frias Jonathan $308,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2022 10/31/22 Sold $610,000 +1.7% $206 / Sq Ft
09/29/2022 09/29/22 For Sale $600,000 0.0% $202 / Sq Ft
08/08/2020 08/08/20 Rented $2,850 0.0% --
08/05/2020 08/05/20 Under Contract -- -- --
04/28/2020 04/28/20 For Rent $2,850 +3.6% --
06/15/2018 06/15/18 Rented $2,750 0.0% --
06/07/2018 06/07/18 Under Contract -- -- --
04/19/2018 04/19/18 For Rent $2,750 +5.8% --
09/09/2016 09/09/16 Rented $2,600 -3.5% --
09/06/2016 09/06/16 Under Contract -- -- --
06/15/2016 06/15/16 For Rent $2,695 +3.9% --
08/15/2015 08/15/15 Rented $2,595 -0.2% --
08/15/2015 08/15/15 Under Contract -- -- --
07/12/2015 07/12/15 For Rent $2,600 0.0% --
09/13/2012 09/13/12 Sold $385,900 0.0% $191 / Sq Ft View Prior Sale
07/29/2012 07/29/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $385,900 -- $191 / 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 $6,160 $547,600 -- --
2024 $6,160 $496,200 $0 $0
2023 $4,852 $444,800 $237,200 $207,600
2022 $5,231 $437,100 $0 $0
2021 $4,983 $429,400 $0 $0
2020 $4,983 $421,700 $237,200 $184,500
2019 $4,936 $418,867 $0 $0
2018 $4,905 $416,033 $0 $0
2017 $4,957 $413,200 $0 $0
2016 -- $384,333 $0 $0
2015 $3,701 $355,467 $0 $0
2014 $3,701 $326,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2069598

Bright MLS

APN: 05-02183003