NOT LISTED FOR SALE

1422 Farmcrest Way Silver Spring, MD 20905

Estimated Value: $351,000 - $388,000

2 Beds
1.5 Baths
915 Sq Ft
$399/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $285,000 $311 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,307/month

49 Days on Market

Highlights

  • Traditional Architecture
  • Upgraded Countertops
  • Carpet
  • Dr. Charles R. Drew Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Lovely turnkey townhome in popular Oak Springs! This gorgeous, move-in ready, townhouse features 2 bedrooms, 1 full, and 1 half bath with gleaming hardwoods, new windows (2021) and neutral paint (2022) throughout! The main level offers a spacious living room, separate dining area, and kitchen with new granite counters and brand new dishwasher. Venture upstairs to find 2 generously sized bedrooms and an updated full bath. The lower level offers a laundry room with new machines, a large bonus room and half bath that make it perfect for entertaining. To top it off, this home boasts a lovely fully fenced backyard that is ready to host your next BBQ!

Last Agent to Sell the Property

Matthew Klokel

matthew.klokel@redfin.com Redfin Corp Listed on: 09/15/2022

Redfin Corp

Last Buyer's Agent

Genet Lulu

(240) 505-7912 genetlulu5@gmail.com Fairfax Realty Premier License #SP200202332

Fairfax Realty Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1983

Lot Details

  • 1,558 Sq Ft Lot

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Carpet
  • Finished Basement

Kitchen

  • Stove
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 160502258427

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,897

Year Built

Built in 1983

Lot Details

0

HOA Fees

$89 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-15
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Lovely turnkey townhome in popular Oak Springs! This gorgeous, move-in ready, townhouse features 2 bedrooms, 1 full, and 1 half bath with gleaming hardwoods, new windows (2021) and neutral paint (2022) throughout! The main level offers a spacious living room, separate dining area, and kitchen with new granite counters and brand new dishwasher. Venture upstairs to find 2 generously sized bedrooms and an updated full bath. The lower level offers a laundry room with new machines, a large bonus room and half bath that make it perfect for entertaining. To top it off, this home boasts a lovely fully fenced backyard that is ready to host your next BBQ!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Icemaker, Stove, Dishwasher
  • Interior Amenities: Upgraded Countertops, Carpet
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 915
  • Price Per Sq Ft: 326.78
  • Above Grade Finished Sq Ft: 915
  • Below Grade Sq Ft: 435
  • Total Below Grade Sq Ft: 435
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1422

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • 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 Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 89.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 96600.00
  • Land Assessed Value: 138000.00
  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1558.00
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13913838
  • Tax Annual Amount: 2897.00
  • Assessor Parcel Number: 160502258427
  • Tax Lot: 282
  • Tax Total Finished Sq Ft: 915
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/02/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Dec 2, 2022
Sold by
Chaudhary Sunil K
Bought by
Fanfa Bacha G and Bete Duskane M
Seller's Agent
Matthew Klokel
Redfin Corp
Buyer's Agent
Genet Lulu
Fairfax Realty Premier
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Views
38
Current Estimated Value
$365,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,238
Avg. Annual Appreciation
9.06%
Original Mortgage
$156,000
Outstanding Balance
$149,384
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$215,854

Purchase Details

Closed on
Jan 20, 2006
Sold by
Wesche Todd M
Bought by
Chaudhary Sunil K and Chaudhary Sunita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 6, 2006
Sold by
Wesche Todd M
Bought by
Chaudhary Sunil K and Chaudhary Sunita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 31, 2004
Sold by
Farrell Laura K
Bought by
Wesche Todd M

Purchase Details

Closed on
Oct 5, 1995
Sold by
Lanahan Dorothy J
Bought by
Farrell Jeremiah T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,950
Interest Rate
7.86%
Source: Public Records

Range of Values:

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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
Fanfa Bacha G $285,000 Cla Title & Escrow
Chaudhary Sunil K $309,000 --
Chaudhary Sunil K $309,000 --
Wesche Todd M $220,000 --
Farrell Jeremiah T $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanfa Bacha G $156,000
Previous Owner Chaudhary Sunil K $61,800
Previous Owner Chaudhary Sunil K $247,200
Previous Owner Chaudhary Sunil K $247,200
Previous Owner Farrell Jeremiah T $99,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $285,000 -4.7% $311 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $299,000 -8.0% $327 / Sq Ft
09/15/2022 09/15/22 For Sale $325,000 -- $355 / 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 $3,371 $289,200 -- --
2024 $3,371 $261,900 $0 $0
2023 $1,865 $234,600 $138,000 $96,600
2022 $2,205 $232,800 $0 $0
2021 $2,095 $231,000 $0 $0
2020 $2,095 $229,200 $138,000 $91,200
2019 $2,029 $224,300 $0 $0
2018 $1,971 $219,400 $0 $0
2017 $1,960 $214,500 $0 $0
2016 -- $201,567 $0 $0
2015 $2,058 $188,633 $0 $0
2014 $2,058 $175,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2068552

Bright MLS

APN: 05-02258427