NOT LISTED FOR SALE

13963 Palmer House Way Silver Spring, MD 20904

Estimated Value: $327,800 - $362,000

2 Beds
1.5 Baths
960 Sq Ft
$364/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $227,500 $237 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,279/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Combination Dining and Living Room
  • Paint Branch High School Rated A-
  • Central Air
  • Heat Pump System

About This Home

As of September 2016

Ready to become your new home! This updated townhouse features 2 Large Bedrooms * 1.5 Baths * Fresh paint * Fully finished walkout basement * Walking distance to public transportation and conveniently located withing minutes to parks * ICC * Route 29, Shops and much more * Condo is FHA approved *

Last Agent to Sell the Property

Freddie Ovalle

(240) 432-4015 Freddie@lnf.com Long & Foster Real Estate, Inc. License #593103 Listed on: 08/11/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mark A. Ritter

(443) 487-3073 mritter@markaritter.com Northrop Realty License #651283

Northrop Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1983

Lot Details

  • Two or More Common Walls

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Schools

  • Greencastle Elementary School
  • Benjamin Banneker Middle School
  • Paint Branch High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include parking fee
  • Greencastle Man Community
  • Greencastle Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160502303394

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,252

Year Built

Built in 1983

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1983
  • Remarks Public: Ready to become your new home! This updated townhouse features 2 Large Bedrooms * 1.5 Baths * Fresh paint * Fully finished walkout basement * Walking distance to public transportation and conveniently located withing minutes to parks * ICC * Route 29, Shops and much more * Condo is FHA approved *
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Stove, Dishwasher
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 960
  • Living Area Sq Ft: 960
  • Price Per Sq Ft: 227.08
  • Above Grade Finished Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13963

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • 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: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 135.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Parking Fee
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GREENCASTLE
  • Middle School: BENJAMIN BANNEKER
  • High School: PAINT BRANCH
  • School District Key: 121138126809
  • Elementary School: GREENCASTLE
  • High School: PAINT BRANCH
  • Middle Or Junior School: BENJAMIN BANNEKER

Lot Info

  • Improvement Assessed Value: 133000.00
  • Land Assessed Value: 57000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: R30

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13847417
  • Tax Annual Amount: 2251.59
  • Assessor Parcel Number: 160502303394
  • Tax Total Finished Sq Ft: 480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 09/30/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 27, 2016
Sold by
Olson Hans N
Bought by
Tefera Abebe G and Gebre Mekdes D
Seller's Agent
Freddie Ovalle
Long & Foster Real Estate, Inc.
Buyer's Agent
Mark A. Ritter
Northrop Realty
List Price
$218,000
Sold Price
$227,500
Premium/Discount to List
$9,500
4.36%
Current Estimated Value
$349,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,950
Avg. Annual Appreciation
4.85%
Original Mortgage
$219,537
Outstanding Balance
$176,000
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$173,450

Purchase Details

Closed on
May 6, 2005
Sold by
Maran Gidnei
Bought by
Olson Hans N

Purchase Details

Closed on
Apr 29, 2005
Sold by
Maran Gidnei
Bought by
Olson Hans N

Purchase Details

Closed on
Oct 2, 1998
Sold by
Sec Of Housing & Urban
Bought by
Maran Gidnei and Maran K C

Purchase Details

Closed on
Apr 23, 1998
Sold by
Austin Sandra J
Bought by
Sec Of Housing & Urban
Source: Public Records

Range of Values:

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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
Tefera Abebe G $227,500 None Available
Olson Hans N $245,000 --
Olson Hans N $245,000 --
Maran Gidnei $77,000 --
Sec Of Housing & Urban $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tefera Abebe G $219,537
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $227,500 +4.4% $237 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $218,000 -- $227 / 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 $3,568 $285,000 $85,500 $199,500
2024 $3,568 $276,667 $0 $0
2023 $2,759 $268,333 $0 $0
2022 $2,096 $260,000 $78,000 $182,000
2021 $2,259 $240,000 $0 $0
2020 $2,015 $220,000 $0 $0
2019 $3,563 $200,000 $60,000 $140,000
2018 $1,741 $196,667 $0 $0
2017 $1,748 $193,333 $0 $0
2016 -- $190,000 $0 $0
2015 $1,276 $180,000 $0 $0
2014 $1,276 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002452005

Bright MLS

APN: 05-02303394