NOT LISTED FOR SALE

1412 Mimosa Ln Silver Spring, MD 20904

Estimated Value: $551,000 - $582,000

5 Beds
3 Baths
1,722 Sq Ft
$330/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $543,000 $315 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,431/month

1 Day on Market

Highlights

  • Curved or Spiral Staircase
  • Wooded Lot
  • Rambler Architecture
  • William Tyler Page Elementary School Rated A-
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of September 2024

Charming Rambler in Fairknoll Subdivision - A Must-See!

Welcome to this spacious Rambler-style home nestled in the highly sought-after Fairknoll subdivision in Montgomery County. This home features 5 bedrooms, 3 full bathrooms, and a fully finished walkout basement, offering plenty of room for living and entertaining. Main Level: • Light-filled living room and dining room combo. • Cozy sit-in kitchen. • 3 generously sized bedrooms, including a primary bedroom with an en-suite bathroom. • Full hallway bathroom for added convenience. Lower Level: • Expansive finished basement with an open area perfect for entertaining or a recreation room. • 2 additional bedrooms, ideal for guests or a home office. • Full bathroom and a laundry area complete this level. Both the front and backyards are beautifully landscaped, providing serene outdoor spaces. This home offers incredible potential with solid bones but is ready for your personal touch. With some updates, you can transform this classic home into your dream living space. Don’t miss this opportunity to own a home in a fantastic location with so much to offer!

Last Agent to Sell the Property

Elisa Walters

(210) 857-0101 elisawalters@kw.com Keller Williams Preferred Properties License #669095 Listed on: 08/31/2024

Keller Williams Preferred Properties

Last Buyer's Agent

TSION MOLLALGNE

(202) 812-1224 tsionmollalgne.realestate@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,079

Year Built

  • Built in 1965

Lot Details

  • 0.29 Acre Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Front Yard
  • Property is in good condition
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Curved or Spiral Staircase
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Side Basement Entry
  • Laundry in Basement
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 3 Driveway Spaces
  • 1 Attached Carport Space

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Fairknoll Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 160500353978

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,079

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: stove, refrigerator, dishwasher, disposal, washer, dryer, window treatments, fireplace Screen/Door
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-08-31
  • Federal Flood Zone: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Carpet, Combination Dining/Living, Curved Staircase, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Bathroom - Tub Shower, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Connecting Stairway, Fully Finished, Heated, Side Entrance, Walkout Level, Windows
  • Laundry Type: Basement, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2268
  • Living Area Sq Ft: 1722
  • Price Per Sq Ft: 454.93
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Finished Sq Ft: 546
  • Below Grade Sq Ft: 546
  • Total Below Grade Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Front Yard, Trees/Wooded, Backs To Trees
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12651.00
  • Property Condition: Good
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5079.00
  • Assessor Parcel Number: 160500353978
  • Tax Lot: 46
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Sep 30, 2024
Sold by
Jennings Dorine
Bought by
Mengesha Dagem
Seller's Agent
Elisa Walters
Keller Williams Preferred Properties
Buyer's Agent
TSION MOLLALGNE
Long & Foster Real Estate, Inc.
List Price
$535,000
Sold Price
$543,000
Premium/Discount to List
$8,000
1.5%
Views
55
Current Estimated Value
$568,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,781
Avg. Annual Appreciation
3.97%
Original Mortgage
$434,400
Outstanding Balance
$429,953
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$138,828

Purchase Details

Closed on
Oct 5, 1998
Sold by
M Nader S and M Sayegh V
Bought by
Jennings Dorine

Purchase Details

Closed on
Feb 4, 1994
Sold by
Dooley J E
Bought by
Sayegh Nader S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mengesha Dagem $543,000 Stewart Title
Mengesha Dagem $543,000 Stewart Title
Jennings Dorine $169,900 --
Sayegh Nader S $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mengesha Dagem $434,400
Closed Mengesha Dagem $434,400
Previous Owner Sayegh Nader S $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $543,000 +1.5% $315 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
08/31/2024 08/31/24 For Sale $535,000 -- $311 / 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 $5,380 $438,700 -- --
2024 $5,380 $414,600 $0 $0
2023 $4,387 $390,500 $229,300 $161,200
2022 $4,121 $387,667 $0 $0
2021 $3,960 $384,833 $0 $0
2020 $3,960 $382,000 $229,300 $152,700
2019 $3,727 $363,300 $0 $0
2018 $3,501 $344,600 $0 $0
2017 $3,353 $325,900 $0 $0
2016 -- $320,167 $0 $0
2015 $3,531 $314,433 $0 $0
2014 $3,531 $308,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2146078

Bright MLS

APN: 05-00353978