NOT LISTED FOR SALE

1309 Silo Way Silver Spring, MD 20905

Estimated Value: $621,000 - $697,000

4 Beds
3.5 Baths
1,770 Sq Ft
$373/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $530,000 $299 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,035/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Dr. Charles R. Drew Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of April 2021

Great location in Oak Springs. Located on a quiet cul-de-Sac, one family owned. Four Bedroom 3 1/2 bath Single family home. Hardwood floors on the main floor. Large back yard with huge deck off the family room. New HVAC, updated black kitchen appliances. Located near major commuter routes and shopping and parks. Newer roof and siding. No HOA fees. This property is sold "AS IS".

Last Agent to Sell the Property

Richard Winkler

Weichert, REALTORS License #SP98376414 Listed on: 02/28/2021

Weichert, REALTORS

Co-Listed By

Sudha Baxter

Weichert, REALTORS License #655575

Last Buyer's Agent

Glenda Lizama

Weichert Realtors - Blue Ribbon

Weichert Realtors - Blue Ribbon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,596

Year Built

  • Built in 1985

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R200

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,770 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Partially Finished Basement
  • Interior and Exterior Basement Entry

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 160502183025

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,596

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-03-01
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Great location in Oak Springs. Located on a quiet cul-de-Sac, one family owned. Four Bedroom 3 1/2 bath Single family home. Hardwood floors on the main floor. Large back yard with huge deck off the family room. New HVAC, updated black kitchen appliances. Located near major commuter routes and shopping and parks. Newer roof and siding. No HOA fees. This property is sold "AS IS".
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Partially Finished, Interior Access, Outside Entrance
  • Total Sq Ft: 1770
  • Living Area Sq Ft: 1770
  • Price Per Sq Ft: 282.43
  • Above Grade Finished Sq Ft: 1770
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1309

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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

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

  • 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

  • Horses: No
  • Improvement Assessed Value: 168200.00
  • Land Assessed Value: 240800.00
  • Land Use Code: 011
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13535.00
  • Year Assessed: 2021
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13846619
  • Tax Annual Amount: 4596.00
  • Assessor Parcel Number: 160502183025
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1770
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/14/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Apr 13, 2021
Sold by
Injety Solomon and Injety Lynn K
Bought by
Toran Jamie and Jones Oscar
Seller's Agent
Richard Winkler
Weichert, REALTORS
Buyer's Agent
Glenda Lizama
Weichert Realtors - Blue Ribbon
List Price
$499,900
Sold Price
$530,000
Premium/Discount to List
$30,100
6.02%
Current Estimated Value
$660,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,507
Avg. Annual Appreciation
5.41%
Original Mortgage
$520,400
Outstanding Balance
$471,612
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$196,694

Purchase Details

Closed on
Feb 13, 2012
Sold by
Injety Sanjeev S
Bought by
Injety Solomom and Injety Lynn K

Purchase Details

Closed on
Nov 24, 2008
Sold by
Injety Solomon D
Bought by
Injety Solomon David
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
Toran Jamie $530,000 Classic Settlements Inc
Injety Solomom -- None Available
Injety Solomon David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toran Jamie $520,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $530,000 +6.0% $299 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $499,900 -- $282 / 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 $5,568 $480,600 -- --
2024 $5,568 $444,800 $0 $0
2023 $4,440 $409,000 $240,800 $168,200
2022 $4,160 $402,767 $0 $0
2021 $4,038 $396,533 $0 $0
2020 $661 $390,300 $240,800 $149,500
2019 $517 $388,067 $0 $0
2018 $504 $385,833 $0 $0
2017 $460 $383,600 $0 $0
2016 $3,618 $358,300 $0 $0
2015 $3,618 $333,000 $0 $0
2014 $3,618 $307,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC744198

Bright MLS

APN: 05-02183025