NOT LISTED FOR SALE

13308 Octagon Ln Silver Spring, MD 20904

Estimated Value: $547,000 - $662,000

3 Beds
4 Baths
1,760 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $435,000 $247 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,618/month

67 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Deck
  • Springbrook High School Rated A-
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of November 2015

BACKUP OFFERS BEING ACCEPTED Stunning 3 BR 2.5 Bath Cape Cod w/ Open Flr Plan Main Lvl MBR w/ Vaulted Ceilings, In-Floor Heat, Gas FP, Sunroom, Ensuite MBA w/ His and Her sinks. Spacious Gourmet Kitchen with island and granite counters. Beautiful Pool with Large deck and seating areas and private yard. Built in equity; selling below recent appraised value.

Last Agent to Sell the Property

Marc Cormier

(703) 564-4026 cormier64@gmail.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 06/12/2015

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Kimberly Rice

(301) 455-4176 krice929@gmail.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,865

Year Built

  • Built in 1948

Lot Details

  • 0.52 Acre Lot
  • Privacy Fence
  • Vinyl Fence
  • Back Yard Fenced
  • Landscaped
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling height of 9 feet or more
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Shelving

Pool

  • In Ground Pool
  • Poolside Lot

Outdoor Features

  • Deck
  • Terrace
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Colesville Outside Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160500282665

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,865

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Washer, Refrigerator, Microwave, Icemaker, Freezer, Stove, Oven - Wall
  • Interior Amenities: Dining Area, Upgraded Countertops, Wood Floors, Window Treatments, Primary Bath(s), Entry Level Bedroom, Floor Plan - Traditional
  • Window Features: Skylights, Bay/Bow, Screens, Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Partially Finished, Shelving
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Satellite Dish
  • Pool Features: In Ground
  • Pool Private: No
  • Roof: Asphalt
  • View: Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear, Privacy, Vinyl
  • Lot Features: Backs To Trees, Landscaping, Poolside, Trees/Wooded
  • Lot Size Acres: 0.52
  • Lot Size Area: 22715
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22715.00
  • Outdoor Living Structures: Deck(s), Terrace
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3865.31
  • Assessor Parcel Number: 160500282665
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Oct 15, 2015
Sold by
Walker David E and Walker Yanin M
Bought by
Rice Kimberly L and Thomas Teresa
Seller's Agent
Marc Cormier
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kimberly Rice
TTR Sotheby's International Realty
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Current Estimated Value
$608,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,031
Avg. Annual Appreciation
3.37%
Original Mortgage
$424,297
Interest Rate
3.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rice Kimberly L $435,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Kimberly L $424,297
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $435,000 -3.8% $247 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
08/01/2015 08/01/15 Price Changed $452,000 -2.8% $257 / Sq Ft
06/24/2015 06/24/15 Price Changed $465,000 -6.8% $264 / Sq Ft
06/12/2015 06/12/15 For Sale $499,000 -- $284 / 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 $5,186 $426,033 -- --
2024 $5,186 $385,867 $0 $0
2023 $3,996 $345,700 $217,100 $128,600
2022 $2,747 $340,767 $0 $0
2021 $3,599 $335,833 $0 $0
2020 $3,504 $330,900 $217,100 $113,800
2019 $3,453 $329,000 $0 $0
2018 $3,412 $327,100 $0 $0
2017 $3,449 $325,200 $0 $0
2016 -- $319,567 $0 $0
2015 $3,832 $313,933 $0 $0
2014 $3,832 $308,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002342443

Bright MLS

APN: 05-00282665