NOT LISTED FOR SALE

Estimated Value: $1,002,310 - $1,095,000

5 Beds
4.5 Baths
4,808 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $890,000 $185 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,378/month

Highlights

  • Community Pool
  • Central Air
  • Heat Pump System
  • 2 Car Attached Garage

About This Home

As of November 2023

Spacious 5 BR/4.5 BA Single-Family Home in Silver Spring! This home boasts timeless hardwood flooring and neutral-colored walls, creating a versatile backdrop for your personal style. The main level offers a spacious living area with abundant natural light and a separate dining area for your gatherings. The kitchen features stone countertops, an island, cabinetry, and a full set of appliances, making meal preparation a breeze. An additional room, perfect for a workspace, and a convenient half bathroom are also on this level. Upstairs, four carpeted bedrooms offer ample closet space, providing comfort and organization. Two full bathrooms, one in the hallway and another in the master bedroom cater to your daily needs. The fully finished basement is carpeted and includes an extra bedroom, an expansive area for entertainment, and a wet bar. You can step out to the porch and the fenced yard from here. This home also provides an attached garage, driveway, and on-street parking options for your convenience. The community has a pool to enjoy as well!

Local Attractions:

- Brookside Gardens: Explore the beautiful Brookside Gardens, featuring stunning floral displays, themed gardens, walking trails, and a serene butterfly garden.
- Wheaton Regional Park: Enjoy outdoor activities at Wheaton Regional Park, which offers playgrounds, picnic areas, a nature center, and a miniature train ride for families.
- Strathmore Music Center: Catch live performances, concerts, and art exhibitions at the Strathmore Music Center, a cultural hub that showcases a variety of artistic talents.
- Glenmont Shopping Center: Conveniently shop for groceries and everyday essentials at the nearby Glenmont Shopping Center, which also has various dining options and services.
- Sandy Spring Museum: Discover the history and culture of the region at the Sandy Spring Museum, featuring exhibits, workshops, and events that showcase the local heritage.

Nearby Highways:

- Interstate 495 (I-495): Also known as the Capital Beltway, I-495 encircles the Washington, D.C. metropolitan area and provides access to various parts of the region, making it a key transportation route.
- Georgia Avenue (MD-97): Georgia Avenue, designated as MD-97, is a major local road that connects Silver Spring to neighboring communities and provides access to shopping, dining, and transportation options.

Sorry, no pets.

Application Qualifications: Minimum income of 3 times the monthly rent, no evictions or recent filings, current accounts in good standing, and a clean criminal background check.

All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.

Last Agent to Rent the Property

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 10/10/2023

Last Renter's Agent

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 10/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,721

Year Built

  • Built in 2011

Lot Details

  • 7,275 Sq Ft Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Interior and Exterior Basement Entry

Bedrooms and Bathrooms

Schools

  • Glenallan Elementary School
  • John F. Kennedy High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,295
  • 12-Month Min and 24-Month Max Lease Term
  • Available 10/10/23
  • Assessor Parcel Number 161303679984

Community Details

Overview

  • $40 Other Monthly Fees
  • Silver Spring Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,721

Year Built

Built in 2011

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2023-10-10
  • Pets Allowed: No
  • Security Deposit: 4295.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access, Outside Entrance
  • Total Sq Ft: 5664
  • Living Area Sq Ft: 4808
  • Price Per Sq Ft: 1.13
  • Above Grade Finished Sq Ft: 3808
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 856
  • Total Below Grade Sq Ft: 1856
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • 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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Fees: 39.95
  • Other Fees Frequency: Monthly

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: GLENALLAN
  • High School: JOHN F. KENNEDY

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7275.00
  • Zoning: R200

Tax Info

  • Assessor Parcel Number: 161303679984

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 30, 2021
Sold by
Shi Bitao and Yan Yu
Bought by
Taye Binyam and Ayalew Tigest
Seller's Agent
Bitao Shi
Libra Realty, LLC
Buyer's Agent
Endeg Abebe
Long & Foster Real Estate, Inc.
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%
Current Estimated Value
$1,057,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,578
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
May 22, 2012
Sold by
Winchester Homes Inc
Bought by
Yu Yan and Bitao Shi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Taye Binyam $890,000 Rgs Title
Yu Yan $691,172 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Yan $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2023 11/07/23 Rented $4,295 0.0% --
10/24/2023 10/24/23 Price Changed $4,295 -4.4% $1 / Sq Ft
10/10/2023 10/10/23 For Rent $4,495 0.0% --
08/31/2021 08/31/21 Sold $890,000 -1.0% $164 / Sq Ft View Prior Sale
07/20/2021 07/20/21 For Sale $899,000 -- $166 / 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 $9,721 $818,800 $268,000 $550,800
2024 $9,721 $788,900 $0 $0
2023 $10,043 $759,000 $0 $0
2022 $7,940 $729,100 $268,000 $461,100
2021 $7,774 $719,700 $0 $0
2020 $7,645 $710,300 $0 $0
2019 $7,515 $700,900 $268,000 $432,900
2018 $7,258 $677,567 $0 $0
2017 $7,010 $654,233 $0 $0
2016 -- $630,900 $0 $0
2015 $71 $630,900 $0 $0
2014 $71 $630,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2110050

Bright MLS

APN: 13-03679984