NOT LISTED FOR SALE

1407 Wheaton Ln Silver Spring, MD 20902

Estimated Value: $907,000 - $1,092,000

5 Beds
3.5 Baths
3,275 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $1,054,900 $322 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,537/month

224 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Partially Wooded Lot
  • View of Trees or Woods
  • Colonial Architecture
  • Engineered Wood Flooring

About This Home

As of October 2024

. 1/2 Block to Sligo Creek Park. 6 Blocks to Wheaton Metro, Home of your Dreams is in process of being Built. 5 BR'S, 3.5 Baths Upscale Finishes are standard, Gas Fireplace 3275 Finished Space, Quartz/Granite, SS, Island Kitchen w/ Back splash, Crown Molding, Recessed Lighting, Wood Floors on Main Level. 2 Car Garage. OPTIONAL: deck, screened porch "COME & BE DAZZLED" {finished model to tour at another location }

Last Agent to Sell the Property

Richard Dompka

(301) 254-8080 rick.dompka@lnf.com Long & Foster Real Estate, Inc. License #27102 Listed on: 09/29/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jill Lapides

(410) 428-2346 jill@lapidesgroup.com Cummings & Co. Realtors License #SP98369174

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,552

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.46 Acre Lot
  • No Through Street
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Shake Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,275 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Family Room Off Kitchen
  • Formal Dining Room
  • Views of Woods
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wheaton Out Res. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161300967460

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,552

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Icemaker, Oven - Self Cleaning, Range Hood, Refrigerator, Stainless Steel Appliances
  • Flooring Type: Carpet, Ceramic Tile, Engineered Wood
  • Interior Amenities: Breakfast Area, Carpet, Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Recessed Lighting, Walk-In Closet(s)
  • Window Features: Double Pane
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Full, Walkout Level, Fully Finished
  • Laundry Type: Upper Floor, Has Laundry
  • Total Sq Ft: 3275
  • Living Area Sq Ft: 3275
  • Price Per Sq Ft: 322.11
  • Above Grade Finished Sq Ft: 3275
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • 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: Shake Siding, Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Partly Wooded, No Thru Street
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20037.00
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2552.00
  • Assessor Parcel Number: 161300967460
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 18, 2024
Sold by
Sterling Custom Homes Llc
Bought by
Modi Nilay and Syed Farzeen
Seller's Agent
Richard Dompka
Long & Foster Real Estate, Inc.
Buyer's Agent
Jill Lapides
Cummings & Co. Realtors
List Price
$915,000
Sold Price
$1,054,900
Premium/Discount to List
$139,900
15.29%
Views
499
Current Estimated Value
$1,019,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,708
Avg. Annual Appreciation
-2.78%
Original Mortgage
$1,066,000
Outstanding Balance
$1,054,919
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$35,727

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 18, 2023
Sold by
Fna Dz Llc
Bought by
Sterling Custom Homes Llc
Seller's Agent
Benjamin Decker
GSE Premier Realty, LLC
Buyer's Agent
Richard Dompka
Long & Foster Real Estate, Inc.
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
342.16%
Original Mortgage
$746,250
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 23, 2023
Sold by
Coveyou Michael
Bought by
Fna Dz Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Modi Nilay $1,066,238 Rgs Title
Modi Nilay $1,066,238 Rgs Title
Sterling Custom Homes Llc $215,000 Chicago Title
Fna Dz Llc $168,220 None Listed On Document
Fna Dz Llc $168,220 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modi Nilay $1,066,000
Closed Modi Nilay $1,066,000
Previous Owner Sterling Custom Homes Llc $746,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $1,054,900 0.0% $322 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/07/2024 05/07/24 Price Changed $1,054,900 +15.3% $322 / Sq Ft
03/20/2024 03/20/24 Price Changed $915,000 0.0% $279 / Sq Ft
03/16/2024 03/16/24 Price Changed $915,000 +1.8% $279 / Sq Ft
03/09/2024 03/09/24 Price Changed $899,000 -1.7% $275 / Sq Ft
03/09/2024 03/09/24 For Sale $915,000 0.0% $279 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $915,000 +1.8% $279 / Sq Ft
09/29/2023 09/29/23 For Sale $899,000 +318.1% $275 / Sq Ft
09/25/2023 09/25/23 Sold $215,000 -14.0% -- View Prior Sale
07/19/2023 07/19/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $250,000 -- --
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 $2,555 $977,000 $216,000 $761,000
2024 $2,555 $216,000 $216,000 $0
2023 $0 $216,000 $216,000 $0
2022 $2,443 $216,000 $216,000 $0
2021 $2,437 $216,000 $216,000 $0
2020 $2,437 $216,000 $216,000 $0
2019 $2,382 $216,000 $216,000 $0
2018 $2,386 $216,000 $216,000 $0
2017 $2,430 $216,000 $0 $0
2016 -- $216,000 $0 $0
2015 $2,313 $216,000 $0 $0
2014 $2,313 $216,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2108938

Bright MLS

APN: 13-00967460