NOT LISTED FOR SALE

1408 Caddington Ave Silver Spring, MD 20901

Estimated Value: $565,000 - $602,000

4 Beds
2 Baths
1,740 Sq Ft
$339/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $564,000 $324 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,541/month

6 Days on Market

Highlights

  • No HOA
  • Forest Knolls Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of April 2023

The alarm is on!!! Welcome Home!!! Beautiful Single Family Home in sought out Forest Knolls near Kemp Mill. Updates include all new gleaming flooring, custom kitchen cabinets, quartz countertops and stainless steel appliances, upscale bathrooms w/ custom tile and vanities, large bedrooms, open floor plan with lots of windows and natural light, fully finished basement with large rec room, large bedroom & full bathroom w/ private entrance perfect for extra income potential, fully fenced in yard and large driveway for lots of parking, font porch, large yard. Don't miss the opportunity to own this gem, located in a top-rated school district and convenient to Burnt Mills Shopping Center, Kemp Mill and Northwest Branch Trail. Offer deadline is Tuesday 3/14 at 1pm.

Last Agent to Sell the Property

Olisa Akpati

(703) 963-2016 oakpati@gmail.com Fairfax Realty Select Listed on: 03/07/2023

Fairfax Realty Select

Last Buyer's Agent

Jeffery Lim-Sharpe

(240) 643-2277 jefflsrealestate@gmail.com RE/MAX Excellence Realty License #651146

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 1957

Lot Details

  • 8,184 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Rear Basement Entry

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Forest Knolls Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161301347803

Home Details

Home Type

Single Family

Est. Annual Taxes

$608

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-03-08
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Remarks Public: The alarm is on!!! Welcome Home!!! Beautiful Single Family Home in sought out Forest Knolls near Kemp Mill. Updates include all new gleaming flooring, custom kitchen cabinets, quartz countertops and stainless steel appliances, upscale bathrooms w/ custom tile and vanities, large bedrooms, open floor plan with lots of windows and natural light, fully finished basement with large rec room, large bedroom & full bathroom w/ private entrance perfect for extra income potential, fully fenced in yard and large driveway for lots of parking, font porch, large yard. Don't miss the opportunity to own this gem, located in a top-rated school district and convenient to Burnt Mills Shopping Center, Kemp Mill and Northwest Branch Trail. Offer deadline is Tuesday 3/14 at 1pm.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Rear Entrance
  • Total Sq Ft: 1740
  • Living Area Sq Ft: 1740
  • Price Per Sq Ft: 526.32
  • Above Grade Finished Sq Ft: 1140
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1408

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Central
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: E
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8184.00
  • Year Assessed: 2023
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 608.00
  • Assessor Parcel Number: 161301347803
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/11/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 11, 2023
Sold by
Atlantic Capital Services Llc
Bought by
Risica Gabrielle Markham and Pfau Joseph Michael
Seller's Agent
Olisa Akpati
Fairfax Realty Select
Buyer's Agent
Jeffery Lim-Sharpe
RE/MAX Excellence Realty
List Price
$600,000
Sold Price
$564,000
Premium/Discount to List
-$36,000
-6%
Views
33
Current Estimated Value
$589,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,984
Avg. Annual Appreciation
1.80%
Original Mortgage
$547,080
Outstanding Balance
$526,862
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$63,122

Purchase Details

Listed on
Sep 16, 2022
Closed on
Jan 17, 2023
Sold by
Secretary Of Housing And Urban Developme
Bought by
Atlantic Capital Services Llc
Seller's Agent
Rita Young
Coldwell Banker Realty
Buyer's Agent
Olisa Akpati
Fairfax Realty Select
List Price
$470,000
Sold Price
$384,000
Premium/Discount to List
-$86,000
-18.3%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
431.94%
Original Mortgage
$388,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Mitchell Vera C
Bought by
Secretary Of Housing & Urban Development
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
Risica Gabrielle Markham $5,564,000 First American Title
Atlantic Capital Services Llc $384,000 First American Title
Atlantic Capital Services Llc $384,000 First American Title
Secretary Of Housing & Urban Development $405,456 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Risica Gabrielle Markham $547,080
Previous Owner Atlantic Capital Services Llc $388,000
Closed Risica Gabrielle Markham $16,412
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2023 04/11/23 Sold $564,000 -6.0% $324 / Sq Ft
03/07/2023 03/07/23 For Sale $600,000 +56.2% $345 / Sq Ft
01/17/2023 01/17/23 Sold $384,000 0.0% $267 / Sq Ft View Prior Sale
12/15/2022 12/15/22 Pending -- -- --
12/13/2022 12/13/22 Off Market $384,000 -- --
11/01/2022 11/01/22 Price Changed $440,000 -6.4% $306 / Sq Ft
09/16/2022 09/16/22 For Sale $470,000 -- $326 / 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 $5,364 $436,000 $187,200 $248,800
2024 $5,364 $402,400 $0 $0
2023 $4,952 $368,800 $0 $0
2022 $608 $335,200 $187,200 $148,000
2021 $549 $330,600 $0 $0
2020 $513 $326,000 $0 $0
2019 $3,373 $321,400 $187,200 $134,200
2018 $3,267 $314,100 $0 $0
2017 $3,221 $306,800 $0 $0
2016 -- $299,500 $0 $0
2015 $2,880 $297,033 $0 $0
2014 $2,880 $294,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2084836

Bright MLS

APN: 13-01347803