NOT LISTED FOR SALE

1405 Gridley Ln Silver Spring, MD 20902

Estimated Value: $554,000 - $644,000

4 Beds
2 Baths
1,592 Sq Ft
$385/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $415,318 $261 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,801/month

43 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • No HOA
  • Cape Cod Architecture
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of November 2014

Storybook Cape Meticulously Maintained & Updated w/ Garage & Deck Addition. Kitchen Open to Living Room w/ Fireplace, Separate Dining Rm, Lower Level w/ Family Rm, Large Storage/Laundry Area & Spacious Garage with Storage. Wonderful Deck overlooking Landscaped Yard, Spacious Master BR w/ Excellent Closets & Storage. Easy Access to Sligo Creek Park & Trail. Don't miss Virtual Tour with Floor Plan!

Last Agent to Sell the Property

Kathy Whalen

(240) 793-6880 kathy@kathywhalen.com Compass License #305821 Listed on: 08/11/2014

Compass

Last Buyer's Agent

Sherman McDaniel

(202) 387-6180 smcdaniel@cbmove.com Coldwell Banker Realty - Washington

Coldwell Banker Realty - Washington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,021

Year Built

  • Built in 1951

Lot Details

  • 6,430 Sq Ft Lot
  • Back Yard Fenced
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Dining Area
  • Storm Doors

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Chestnut Ridge Manor Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 161301223002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,021

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1951
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 1592
  • Price Per Sq Ft: 314.81
  • Above Grade Finished Sq Ft: 1350
  • Below Grade Finished Sq Ft: 242
  • Below Grade Sq Ft: 958
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape
  • 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: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 368.66
  • 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

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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 148200.00
  • Land Assessed Value: 180500.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6430
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6430.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14025115
  • Tax Annual Amount: 4021.47
  • Assessor Parcel Number: 161301223002
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2014
Closed on
Nov 13, 2014
Sold by
Schultz William L and The William L Schultz Revocabl
Bought by
Elmore James M and Johnson Butler Karin
Seller's Agent
Kathy Whalen
Compass
Buyer's Agent
Sherman McDaniel
Coldwell Banker Realty - Washington
List Price
$450,000
Sold Price
$415,318
Premium/Discount to List
-$34,682
-7.71%
Current Estimated Value
$612,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,671
Avg. Annual Appreciation
3.56%
Original Mortgage
$424,247
Outstanding Balance
$324,988
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$288,001
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elmore James M $415,318 Paragon Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmore James M $424,247
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2014 11/13/14 Sold $415,318 -2.3% $261 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
09/18/2014 09/18/14 Price Changed $425,000 -2.9% $267 / Sq Ft
09/02/2014 09/02/14 Price Changed $437,500 -2.8% $275 / Sq Ft
08/11/2014 08/11/14 For Sale $450,000 -- $283 / 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 $7,065 $593,000 $180,500 $412,500
2024 $7,065 $556,167 $0 $0
2023 $7,316 $519,333 $0 $0
2022 $5,226 $482,500 $180,500 $302,000
2021 $4,841 $469,333 $0 $0
2020 $4,841 $456,167 $0 $0
2019 $4,662 $443,000 $180,500 $262,500
2018 $4,218 $404,900 $0 $0
2017 $3,859 $366,800 $0 $0
2016 -- $328,700 $0 $0
2015 $3,162 $325,300 $0 $0
2014 $3,162 $321,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Whalen

    Seller's Agent in 2014

    Kathy Whalen

    Compass

    (240) 793-6880

    9 in this area

    109 Total Sales

    Kathy Whalen
    Section Image

  • S

    Buyer's Agent in 2014

    Sherman McDaniel

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003155498

Bright MLS

APN: 13-01223002

Maryland Montgomery County Silver Spring 20902

1405 Gridley Ln, Silver Spring, MD

Not Listed for Sale

Detached

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