NOT LISTED FOR SALE

1340 Alderton Ln Silver Spring, MD 20906

Layhill South Neighborhood

Estimated Value: $450,000 - $460,000

3 Beds
2.5 Baths
1,630 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $410,000 $252 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,856/month

4 Days on Market

Highlights

  • Upgraded Countertops
  • Chair Railings
  • Combination Dining and Living Room
  • Bel Pre Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • En-Suite Bathroom

About This Home

As of May 2022

OFFER DEADLINE-TUESDAY 4/19 AT 12PM....Don't miss this lovely home with 3 bed 2.5 home in a very quiet community. The home has been freshly painted with a new roof and an amazing setting for you to make your next home.

Last Agent to Sell the Property

Yony Kifle

(703) 405-5182 homes.yourdmvteam@gmail.com EXP Realty, LLC Listed on: 04/15/2022

EXP Realty, LLC

Co-Listed By

Deresse Harris

(703) 564-4000 deeharris50@gmail.com DMV Realty, INC.

Last Buyer's Agent

Hermela Balcha

(954) 254-4142 hrmbal@icloud.com DMV Realty, INC. License #0225250022

DMV Realty, INC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1983

Lot Details

  • 1,502 Sq Ft Lot

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Window Treatments
  • Combination Dining and Living Room
  • Upgraded Countertops
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Utilities

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

Community Details

  • Bonifant Woods Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 161302207805

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,600

Year Built

Built in 1983

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Chair Railings, Combination Dining/Living, Crown Moldings, Upgraded Countertops, Window Treatments, Primary Bath(s)
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1976
  • Living Area Sq Ft: 1630
  • Price Per Sq Ft: 278.12
  • Above Grade Finished Sq Ft: 1330
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 346
  • Total Below Grade Sq Ft: 646
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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

  • HOA Fees: 110.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1502.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3600.00
  • Assessor Parcel Number: 161302207805
  • Tax Lot: 52
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 13, 2022
Sold by
Girma Semru
Bought by
Mangudayou Selamawit Seyoum and Desta Genet
Seller's Agent
Yony Kifle
EXP Realty, LLC
Buyer's Agent
Hermela Balcha
DMV Realty, INC.
List Price
$369,900
Sold Price
$410,000
Premium/Discount to List
$40,100
10.84%
Current Estimated Value
$456,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,059
Avg. Annual Appreciation
2.94%
Original Mortgage
$397,700
Outstanding Balance
$376,947
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$79,112

Purchase Details

Listed on
Dec 15, 2015
Closed on
Feb 13, 2016
Sold by
Leonard Jennifer L and Finch Jennifer L
Bought by
Semru Girma
Seller's Agent
Don Fitzgerald
RE/MAX Advantage Realty
Buyer's Agent
Shimels Oda
Fairfax Realty Premier
List Price
$280,000
Sold Price
$285,000
Premium/Discount to List
$5,000
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$279,837
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2010
Sold by
Rousseau Suzanne
Bought by
Finch Jennifer L

Purchase Details

Closed on
Jun 13, 2003
Sold by
Green Murray M and Green G A
Bought by
Rousseau Suzanne
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
Mangudayou Selamawit Seyoum $410,000 Westcor Land Title
Semru Girma $285,000 Fatico
Finch Jennifer L $270,000 --
Rousseau Suzanne $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangudayou Selamawit Seyoum $397,700
Previous Owner Semru Girma $279,837
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $410,000 +10.8% $252 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $369,900 +29.8% $227 / Sq Ft
02/13/2016 02/13/16 Sold $285,000 +1.8% $214 / Sq Ft View Prior Sale
12/19/2015 12/19/15 Pending -- -- --
12/15/2015 12/15/15 For Sale $280,000 -- $211 / 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 $4,613 $401,000 $130,000 $271,000
2024 $4,613 $369,800 $0 $0
2023 $4,928 $338,600 $0 $0
2022 $3,028 $307,400 $125,000 $182,400
2021 $2,908 $300,933 $0 $0
2020 $5,630 $294,467 $0 $0
2019 $2,731 $288,000 $125,000 $163,000
2018 $2,523 $269,367 $0 $0
2017 $2,214 $250,733 $0 $0
2016 $2,140 $232,100 $0 $0
2015 $2,140 $232,100 $0 $0
2014 $2,140 $232,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yony Kifle

    Seller's Agent in 2022

    Yony Kifle

    EXP Realty, LLC

    (703) 405-5182

    2 in this area

    456 Total Sales

    Yony Kifle
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Deresse Harris

    DMV Realty, INC.

    (703) 564-4000

    1 in this area

    96 Total Sales

    Deresse Harris
    Section Image
  • Hermela Balcha

    Buyer's Agent in 2022

    Hermela Balcha

    DMV Realty, INC.

    (954) 254-4142

    3 in this area

    128 Total Sales

    Hermela Balcha
    Section Image
  • Don Fitzgerald

    Seller's Agent in 2016

    Don Fitzgerald

    RE/MAX

    (410) 707-4754

    74 Total Sales

    Don Fitzgerald
    Section Image

  • S

    Buyer's Agent in 2016

    Shimels Oda

    Fairfax Realty Premier

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2045722

Bright MLS

APN: 13-02207805

Maryland Montgomery County Silver Spring 20906 Layhill South

1340 Alderton Ln, Silver Spring, MD

Not Listed for Sale

Townhouses

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