NOT LISTED FOR SALE

1304 Gresham Rd Silver Spring, MD 20904

Estimated Value: $568,393 - $674,000

3 Beds
3.5 Baths
1,902 Sq Ft
$327/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $315,250 $166 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,775/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • 1 Fireplace
  • William Tyler Page Elementary School Rated A-
  • Wood Flooring
  • Combination Kitchen and Living

About This Home

As of September 2013

Short Sale. APPROVED list price by lender now verbally first. Renovated home with custom finishes and attention to details. Hardwood floors throughout main and upper level. Spacious kitchen adjacent to living room. Finished basement with full bath. Convenient to Rt 29, NH Ave, Beltway and shopping. A MUST SEE. Wont Last Long

Last Agent to Sell the Property

Victor Wang

(703) 606-7306 bmiwang@hotmail.com PM Management LLC License #MRIS:149275 Listed on: 01/17/2012

Last Buyer's Agent

Teshome Jiffar

jiffart@gmail.com Rothschild Universal Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,379

Year Built

  • Built in 1965

Lot Details

  • 8,203 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • Free Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Combination Kitchen and Living
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry
  • Basement with some natural light

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 160500354027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,379

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1965
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Living, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Daylight, Partial, Fully Finished, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick, Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free

Utilities

  • Refuse: 283.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 133720.00
  • Land Assessed Value: 242060.00
  • Lot Size Acres: 0.19
  • Lot Size Area: 8203
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8203.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13841478
  • Tax Annual Amount: 4378.87
  • Assessor Parcel Number: 160500354027
  • Tax Lot: 26
  • Tax Total Finished Sq Ft: 1902
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 09/27/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2012
Closed on
Sep 26, 2013
Sold by
Woo Kim Young and Ja Kim Yeon
Bought by
Yadeta Tarekegn and Tadesse Tigist
Seller's Agent
Victor Wang
PM Management LLC
Buyer's Agent
Teshome Jiffar
Rothschild Universal Realty LLC
List Price
$320,000
Sold Price
$315,250
Premium/Discount to List
-$4,750
-1.48%
Current Estimated Value
$622,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,348
Avg. Annual Appreciation
5.81%
Original Mortgage
$309,539
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1993
Bought by
Kim Young W and Y J
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
Yadeta Tarekegn $315,250 Heritage Title Services
Kim Young W $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yadeta Tarekegn $309,539
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2013 09/27/13 Sold $315,250 -3.0% $166 / Sq Ft
07/17/2013 07/17/13 Price Changed $325,000 +5.9% $171 / Sq Ft
06/11/2013 06/11/13 Price Changed $306,800 +59.3% $161 / Sq Ft
08/13/2012 08/13/12 Price Changed $192,600 -38.9% $101 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
05/03/2012 05/03/12 Off Market $315,250 -- --
05/03/2012 05/03/12 Price Changed $286,900 -10.3% $151 / Sq Ft
04/17/2012 04/17/12 Price Changed $320,000 0.0% $168 / Sq Ft
04/17/2012 04/17/12 For Sale $320,000 +1.5% $168 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
02/20/2012 02/20/12 Off Market $315,250 -- --
02/16/2012 02/16/12 Price Changed $309,000 -6.1% $162 / Sq Ft
01/29/2012 01/29/12 For Sale $329,000 +4.4% $173 / Sq Ft
01/17/2012 01/17/12 Off Market $315,250 -- --
01/17/2012 01/17/12 For Sale $329,000 -- $173 / 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 $5,687 $471,267 -- --
2024 $5,687 $441,233 $0 $0
2023 $4,625 $411,200 $213,000 $198,200
2022 $3,160 $392,067 $0 $0
2021 $3,649 $372,933 $0 $0
2020 $3,649 $353,800 $213,000 $140,800
2019 $3,562 $348,333 $0 $0
2018 $5,039 $342,867 $0 $0
2017 $5,035 $337,400 $0 $0
2016 -- $331,900 $0 $0
2015 $3,687 $326,400 $0 $0
2014 $3,687 $320,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003820694

Bright MLS

APN: 05-00354027