Seller's Agent in 2021
Wellington Uzamere
Allison James Estates & Homes
(202) 246-3979
2 in this area
28 Total Sales
1307 Wheaton Ln Silver Spring, MD 20902
Estimated Value: $867,000 - $1,292,653
4
Beds
4
Baths
7,264
Sq Ft
$151/Sq Ft
Est. Value
Highlights
- 1 Acre Lot
- No HOA
- Forced Air Heating and Cooling System
- Colonial Architecture
About This Home
As of August 2021Four Single Family Homes on 1 Acre of land in the heart of Silver Spring. WHEATON!The properties were built in the 1930s, belongs to the Garey family. The land is zoned R60 and can be subdivided into at least five lots. This property is grandfathered in with a single Tax ID #The four detached homes have public water, public sewer, gas, and electric and are currently tenant occupied. SUBDIVISION POTENTIAL!!!HURRY WITH YOUR BUYER BEFORE I FIND THE INVESTOR!!!Across the street are contemporary high valued detached colonial homes. Behind are contemporary townhomes.DO THE MATH
Last Agent to Sell the Property
(202) 246-3979 ozolua@icloud.com Allison James Estates & Homes License #SP102663 Listed on: 01/12/2019
Last Buyer's Agent
(202) 246-3979 ozolua@icloud.com Allison James Estates & Homes License #SP102663 Listed on: 01/12/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,864
Year Built
- Built in 1930
Lot Details
- 1 Acre Lot
- Property is zoned R60
Parking
- Driveway
Home Design
- Colonial Architecture
- Raised Ranch Architecture
Interior Spaces
- 7,264 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 4 Full Bathrooms
Schools
- Glen Haven Elementary School
- Sligo Middle School
- Northwood High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Pt Wheaton Out Subdivision
Listing and Financial Details
- Assessor Parcel Number 161300961020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2019
Closed on
Aug 31, 2021
Sold by
Garey Brothers Llc
Bought by
B & S Estate Llc
Seller's Agent
Wellington Uzamere
Allison James Estates & Homes
Buyer's Agent
Wellington Uzamere
Allison James Estates & Homes
List Price
$920,000
Sold Price
$700,000
Premium/Discount to List
-$220,000
-23.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,413
Avg. Annual Appreciation
10.82%
Purchase Details
Closed on
May 23, 2003
Sold by
Garey Helen V
Bought by
Garey Brothers Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| B & S Estate Llc | $700,000 | Real Estate Stlmts & Escrow | |
| Garey Brothers Llc | $147,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $700,000 | -23.9% | $96 / Sq Ft |
| 07/31/2021 07/31/21 | Pending | -- | -- | -- |
| 01/04/2021 01/04/21 | For Sale | $920,000 | +31.4% | $127 / Sq Ft |
| 12/31/2020 12/31/20 | Off Market | $700,000 | -- | -- |
| 04/22/2020 04/22/20 | For Sale | $920,000 | 0.0% | $127 / Sq Ft |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- |
| 11/28/2019 11/28/19 | Price Changed | $920,000 | +18.7% | $127 / Sq Ft |
| 11/25/2019 11/25/19 | Price Changed | $775,000 | +6.9% | $107 / Sq Ft |
| 06/25/2019 06/25/19 | Price Changed | $725,000 | -21.2% | $100 / Sq Ft |
| 01/12/2019 01/12/19 | For Sale | $920,000 | -- | $127 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $15,975 | $1,226,100 | $652,900 | $573,200 |
| 2024 | $15,975 | $1,145,533 | $0 | $0 |
| 2023 | $14,956 | $1,064,967 | $0 | $0 |
| 2022 | $13,357 | $984,400 | $640,900 | $343,500 |
| 2021 | $13,024 | $976,900 | $0 | $0 |
| 2020 | $12,802 | $969,400 | $0 | $0 |
| 2019 | $12,585 | $961,900 | $640,900 | $321,000 |
| 2018 | $11,864 | $906,233 | $0 | $0 |
| 2017 | $10,920 | $850,567 | $0 | $0 |
| 2016 | -- | $794,900 | $0 | $0 |
| 2015 | $11,304 | $794,900 | $0 | $0 |
| 2014 | $11,304 | $794,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Wellington Uzamere
Map
Source: Bright MLS
MLS Number: MDMC488162
APN: 13-00961020
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