NOT LISTED FOR SALE

1421 Silo Way Silver Spring, MD 20905

Estimated Value: $675,000 - $711,890

4 Beds
3.5 Baths
3,780 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $499,900 $132 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,186/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Direct Access Garage
  • Dr. Charles R. Drew Elementary School Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2020

A spectacular home in the popular Oak Springs community. Well maintained and updated by original owners. Spacious kitchen boasts new granite counters, cabinets, SS appliances, and back splash that enhances kitchen.Sliding Glass door opens out to huge deck overlooking beautifully landscaped includes Cherry Tree, Asian pear and much more. New Roof, New Siding with thermal insulation,New Gutters,Wood floors on main level,Freshly painted interior main & 2nd floor. 2019 water heater, Lots of space in the finished basement with Jacuzzi full bath. No HOA fees.Conveniently situated near parks, schools, shopping, entertainment, and commuter routes such as New Hampshire Ave, ICC,MD-200, I-95, and 495- ideal location for commuters. Absolutely beautiful and move in ready! An incredible opportunity to make this your own!

Last Agent to Sell the Property

Nisha Kaur

(571) 212-1855 realtors11@gmail.com NK Real Estate Group, LLC License #0225091641 Listed on: 04/27/2020

Last Buyer's Agent

Frances McGlaughlin

(240) 994-1607 francesmcglaughlin@gmail.com RE/MAX Realty Services License #0225229510

RE/MAX Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,018

Year Built

  • Built in 1987

Lot Details

  • 10,173 Sq Ft Lot
  • Property is zoned R200

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Schools

  • Dr. Charles R. Drew Elementary School
  • Francis Scott Key Middle School
  • Springbrook High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 160502183116

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,018

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-04-28
  • Year Built: 1987
  • Remarks Public: A spectacular home in the popular Oak Springs community. Well maintained and updated by original owners. Spacious kitchen boasts new granite counters, cabinets, SS appliances, and back splash that enhances kitchen.Sliding Glass door opens out to huge deck overlooking beautifully landscaped includes Cherry Tree, Asian pear and much more. New Roof, New Siding with thermal insulation,New Gutters,Wood floors on main level,Freshly painted interior main & 2nd floor. 2019 water heater, Lots of space in the finished basement with Jacuzzi full bath. No HOA fees.Conveniently situated near parks, schools, shopping, entertainment, and commuter routes such as New Hampshire Ave, ICC,MD-200, I-95, and 495- ideal location for commuters. Absolutely beautiful and move in ready! An incredible opportunity to make this your own!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Interior Access
  • Laundry Type: Basement
  • Total Sq Ft: 4032
  • Living Area Sq Ft: 3780
  • Price Per Sq Ft: 180.34
  • Above Grade Finished Sq Ft: 2772
  • Below Grade Finished Sq Ft: 1008
  • Below Grade Sq Ft: 252
  • Total Below Grade Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1421

Beds/Baths

  • Bedrooms: 4
  • 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • 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
  • Elementary School: DR. CHARLES R. DREW
  • Middle School: FRANCIS SCOTT KEY
  • High School: SPRINGBROOK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: DR. CHARLES R. DREW
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 197900.00
  • Land Assessed Value: 231400.00
  • Land Use Code: 011
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10173.00
  • Year Assessed: 2020
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13846624
  • Tax Annual Amount: 5018.00
  • Assessor Parcel Number: 160502183116
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 2772
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/22/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 19, 2020
Sold by
Singh Hargurpreet and Singh Amrit Pal
Bought by
Seboka Mosis Adugna and Fita Helen
Seller's Agent
Nisha Kaur
NK Real Estate Group, LLC
Buyer's Agent
Frances McGlaughlin
RE/MAX Realty Services
List Price
$529,000
Sold Price
$499,900
Premium/Discount to List
-$29,100
-5.5%
Current Estimated Value
$686,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,573
Avg. Annual Appreciation
6.17%
Original Mortgage
$465,000
Outstanding Balance
$411,411
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$275,062

Purchase Details

Closed on
Sep 25, 1987
Bought by
Singh Hargurpreet and Singh P
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
Seboka Mosis Adugna $499,900 Rsi Title Llc
Singh Hargurpreet $145,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seboka Mosis Adugna $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2020 06/22/20 Sold $499,900 0.0% $132 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $499,900 -5.5% $132 / Sq Ft
04/27/2020 04/27/20 For Sale $529,000 0.0% $140 / Sq Ft
04/23/2020 04/23/20 Price Changed $529,000 -- $140 / 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 $6,381 $554,933 -- --
2024 $6,381 $515,467 $0 $0
2023 $5,212 $476,000 $231,400 $244,600
2022 $4,797 $460,433 $0 $0
2021 $4,571 $444,867 $0 $0
2020 $4,374 $429,300 $231,400 $197,900
2019 $4,327 $426,333 $0 $0
2018 $4,677 $423,367 $0 $0
2017 $4,095 $420,400 $0 $0
2016 -- $390,133 $0 $0
2015 $3,743 $359,867 $0 $0
2014 $3,743 $329,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC704688

Bright MLS

APN: 05-02183116