NOT LISTED FOR SALE

1405 Mimosa Ln Silver Spring, MD 20904

Estimated Value: $563,000 - $616,922

4 Beds
3 Baths
1,932 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $525,000 $272 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,724/month

44 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • William Tyler Page Elementary School Rated A-
  • Paneling
  • Property is in excellent condition

About This Home

As of November 2022

Lovely and expanded 4 BR/3BA split foyer home on quiet street, with private driveway that fits up to 4 cars. Enjoy the large kitchen with custom cabinets, granite counters, stainless appliances & ceramic tile floor, while gleaming hardwoods adorn the rest of the LR, DR and BRs on the main level. The primary ensuite bath was just beautifully renovated and the second full bath has been updated too. The finished lower level has been freshly painted with brand new LVT flooring installed throughout the 4th BR and recreation room with brick wood-burning fireplace, and the 3rd full bath was just updated also. There's also a large utility/laundry/storage room. Newer windows secured with locks, throughout. Backyard is fully fenced with patio. Close to shopping, parks, ICC, Rte 29, I-95 & 495, FDA & Brookside Gardens. However, this house is being SOLD AS-IS with one year Home Warranty!

Last Agent to Sell the Property

Sulayman Ndimbalan

Long & Foster Real Estate, Inc. License #592232 Listed on: 09/13/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Christana Ross

Weichert, REALTORS License #628000

Weichert, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,824

Year Built

  • Built in 1964

Lot Details

  • 9,996 Sq Ft Lot
  • Infill Lot
  • Back Yard Fenced
  • Property is in excellent condition
  • Property is zoned R90

Parking

  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Paneling
  • Brick Fireplace
  • Fire and Smoke Detector
  • Laundry on lower level

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Basement Windows

Schools

  • James Hubert Blake High School

Utilities

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

Community Details

  • No Home Owners Association
  • Fairknoll Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 160500354175

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,824

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2022-09-13
  • Federal Flood Zone: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Lovely and expanded 4 BR/3BA split foyer home on quiet street, with private driveway that fits up to 4 cars. Enjoy the large kitchen with custom cabinets, granite counters, stainless appliances & ceramic tile floor, while gleaming hardwoods adorn the rest of the LR, DR and BRs on the main level. The primary ensuite bath was just beautifully renovated and the second full bath has been updated too. The finished lower level has been freshly painted with brand new LVT flooring installed throughout the 4th BR and recreation room with brick wood-burning fireplace, and the 3rd full bath was just updated also. There's also a large utility/laundry/storage room. Newer windows secured with locks, throughout. Backyard is fully fenced with patio. Close to shopping, parks, ICC, Rte 29, I-95 & 495, FDA & Brookside Gardens. However, this house is being SOLD AS-IS with one year Home Warranty!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Brick/Mortar
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Heated, Improved, Windows, Fully Finished
  • Laundry Type: Lower Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1932
  • Living Area Sq Ft: 1932
  • Price Per Sq Ft: 378.79
  • Above Grade Finished Sq Ft: 1386
  • Below Grade Finished Sq Ft: 546
  • Total Below Grade Sq Ft: 546
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1405

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Road Surface Type: Paved
  • Roof: Asphalt, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 361.78
  • 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
  • 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: JAMES HUBERT BLAKE
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • High School: JAMES HUBERT BLAKE

Lot Info

  • Additional Parcels: No
  • Fencing: Rear
  • Improvement Assessed Value: 180800.00
  • Land Assessed Value: 222000.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9996.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R90
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13841490
  • Tax Annual Amount: 4824.00
  • Assessor Parcel Number: 160500354175
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 1932
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 11/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Nov 28, 2022
Sold by
Velasquez Roxana
Bought by
Ikome Mildred Eposi
Seller's Agent
Sulayman Ndimbalan
Long & Foster Real Estate, Inc.
Buyer's Agent
Christana Ross
Weichert, REALTORS
List Price
$545,000
Sold Price
$525,000
Premium/Discount to List
-$20,000
-3.67%
Views
39
Current Estimated Value
$596,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,731
Avg. Annual Appreciation
3.48%
Original Mortgage
$509,250
Outstanding Balance
$496,780
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$79,483

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 20, 2021
Sold by
Cheung Kay S
Bought by
Velasquez Roxana and Flores Florida De La Cruz
Seller's Agent
Bryan Kerrigan
Redfin Corp
Buyer's Agent
Sulayman Ndimbalan
Long & Foster Real Estate, Inc.
List Price
$489,000
Sold Price
$490,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$465,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1991
Bought by
Cheung Kay S
Source: Public Records

Range of Values:

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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
Ikome Mildred Eposi $525,000 Fidelity National Title
Velasquez Roxana $490,000 Rgs Title Llc
Cheung Kay S $78,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ikome Mildred Eposi $509,250
Previous Owner Velasquez Roxana $465,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $525,000 0.0% $272 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/15/2022 10/15/22 Price Changed $525,000 -1.9% $272 / Sq Ft
10/01/2022 10/01/22 Price Changed $535,000 -1.8% $277 / Sq Ft
09/13/2022 09/13/22 For Sale $545,000 +11.2% $282 / Sq Ft
09/20/2021 09/20/21 Sold $490,000 +0.2% $254 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $489,000 -- $253 / 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 $5,668 $476,400 -- --
2024 $5,668 $439,600 $0 $0
2023 $4,528 $402,800 $222,000 $180,800
2022 $4,132 $388,733 $0 $0
2021 $7,828 $374,667 $0 $0
2020 $7,047 $360,600 $222,000 $138,600
2019 $3,524 $344,900 $0 $0
2018 $3,637 $329,200 $0 $0
2017 $3,153 $313,500 $0 $0
2016 -- $302,100 $0 $0
2015 $3,652 $290,700 $0 $0
2014 $3,652 $279,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2066608

Bright MLS

APN: 05-00354175