NOT LISTED FOR SALE

1422 Flora Terrace Silver Spring, MD 20910

Silver Spring Area

Estimated Value: $762,000 - $945,000

4 Beds
3 Baths
1,250 Sq Ft
$669/Sq Ft Est. Value

Sale Details

Date Sold: February 19, 2021

Last sale price $749,000 $599 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,251 / mo

Highlights

  • Rambler Architecture
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace

About This Home

As of February 2021

Complete brand new home in an amazing location! Amazing open kitchen, dining room, living room with a custom fireplace. Beautiful designed bathrooms with detailed designer tiles. Yard is absolutely amazing, and it is right next to the entrance of sligo creek park!!! A Must See!

Last Agent to Sell the Property

Simone Velvel

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC Listed on: 01/23/2021

Real Broker, LLC

Last Buyer's Agent

Simone Velvel

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC Listed on: 01/23/2021

Real Broker, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,971

Year Built

  • Built in 1956

Lot Details

  • 9,041 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Woodside Forest Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 161301337952

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,971

Year Built

Built in 1956

Lot Details

9,041 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-01-23
  • Federal Flood Zone: No
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 599.20
  • Above Grade Finished Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • 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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 141100.00
  • Land Assessed Value: 254100.00
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9041.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14036245
  • Tax Annual Amount: 4971.00
  • Assessor Parcel Number: 161301337952
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Feb 16, 2021
Sold by
Bought by
Seller's Agent
Simone Velvel
Real Broker, LLC
Buyer's Agent
Simone Velvel
Real Broker, LLC
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$835,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,833
Avg. Annual Appreciation
2.03%
Original Mortgage
$561,750
Outstanding Balance
$491,998
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$343,835

Purchase Details

Closed on
Oct 30, 2020
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Spring, MD

  • Peter Maser Real Estate Agent - Compass

    Peter Maser

    Compass

    (301) 610-3729

    128 Total Sales

    1 in Silver Spring

    $657,500 Price

    Peter Maser
     Section Image
  • Damian Buckley Real Estate Agent - Compass

    Damian Buckley

    Responds Quickly

    Compass

    (844) 257-5284

    55 Total Sales

    1 in Silver Spring

    $275,000 Price

    Damian Buckley
     Section Image
  • Paul Marston Real Estate Agent - Long & Foster Real Estate, Inc.

    Paul Marston

    Long & Foster Real Estate, Inc.

    (844) 599-9747

    188 Total Sales

    1 in Silver Spring

    $130,000 Price

    Paul Marston
     Section Image
  • Lindsay Clark Real Estate Agent - Compass

    Lindsay Clark

    Responds Quickly

    Compass

    (844) 329-0944

    103 Total Sales

    3 in Silver Spring

    $630K - $900K Price Range

    Lindsay Clark
     Section Image
  • Mr. Eric Stewart Real Estate Agent - Long & Foster Real Estate, Inc.

    Mr. Eric Stewart

    Long & Foster Real Estate, Inc.

    (240) 702-1551

    389 Total Sales

    1 in Silver Spring

    $1,700,000 Price

    Mr. Eric Stewart
     Section Image
  • Helen Dodson Real Estate Agent - Compass

    Helen Dodson

    Compass

    (240) 624-2523

    17 Total Sales

    1 in Silver Spring

    $305,000 Price

    Helen Dodson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$749,000 Kvs Title Llc
$460,000 Multiple
-- None Available
$450,000 --
$450,000 --
$214,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $561,750
Previous Owner $220,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $749,000 0.0% $599 / Sq Ft
01/23/2021 01/23/21 For Sale $749,000 -- $599 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,928 $715,167
2024 $8,632 $686,300 $405,700 $280,600
2023 $6,464 $597,733 $0 $0
2022 $5,580 $509,167 $0 $0
2021 $4,537 $420,600 $285,700 $134,900
2020 $8,817 $412,133 $0 $0
2019 $4,280 $403,667 $0 $0
2018 $4,163 $395,200 $254,100 $141,100
2017 $5,014 $395,200 $0 $0
2016 $4,715 $395,200 $0 $0
2015 $4,715 $398,500 $0 $0
2014 $4,715 $398,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Simone Velvel Real Estate Agent - Real Broker, LLC

    Seller's Agent in 2021

    Simone Velvel

    Real Broker, LLC

    (703) 507-7614

    54 Total Sales

    Simone Velvel
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Map

Source: Bright MLS

MLS Number: MDMC742044

Bright MLS

APN: 13-01337952

Maryland Montgomery County Silver Spring 20910

1422 Flora Terrace, Silver Spring, MD

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