NOT LISTED FOR SALE

1424 Colesberg St Silver Spring, MD 20905

Estimated Value: $590,000 - $648,000

4 Beds
2.5 Baths
1,792 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $415,000 $232 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,683/month

96 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Space For Rooms
  • Cloverly Elementary School Rated A-
  • Traditional Floor Plan
  • 1-minute walk to Wembrough Neighborhood Park

About This Home

As of May 2016

This home has so much to offer! A bright, spacious layout features accommodating room sizes, formal living and dining rooms, and an eat-in kitchen with granite counters. The nearby expansive family room is highlighted by a brick fireplace wall and beamed ceilings. It's close proximity to a local park, numerous transportation options, and wooded, suburban neighborhood make this home truly special!

Last Agent to Sell the Property

Michael McKenna

(301) 370-6561 michael@mckennavane.com Weichert Realtors - McKenna & Vane License #abr004447 Listed on: 02/11/2016

Weichert Realtors - McKenna & Vane

Last Buyer's Agent

Abdul Chaudry

(301) 346-5286 rehmanrealty@gmail.com Rehman Realty License #SP98367496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,161

Year Built

  • Built in 1971

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Chair Railings
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Heated Basement
  • Shelving
  • Space For Rooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Cloverly Elementary School
  • Briggs Cheney Middle School
  • Northeast Area High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • Property has a Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160500381214

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,161

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2016-02-11
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Cooktop, Refrigerator, Stove, Washer, Microwave
  • Interior Amenities: Kitchen - Table Space, Dining Area, Window Treatments, Upgraded Countertops, Primary Bath(s), Wet/Dry Bar, Chair Railings, Laundry Chute, Floor Plan - Traditional
  • Fireplace Features: Screen, Mantel(s), Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Foyer, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved, Shelving, Space For Rooms
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Road Surface Type: Paved
  • Roof: Asphalt
  • 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
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener, Additional Storage Area, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Previous Twelve Months Electric Expense: 1073.00
  • Gas Avg Month: 66.08
  • Gas Prev12 Months: 793.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Previous Twelve Months: 502.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: CLOVERLY
  • High School: NORTHEAST AREA
  • Middle Or Junior School: BRIGGS CHENEY MS

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 148100.00
  • Land Assessed Value: 223000.00
  • Lot Features: Corner
  • Lot Size Acres: 0.29
  • Lot Size Area: 12671
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12671.00
  • Outdoor Living Structures: Deck(s), Enclosed
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13843447
  • Tax Annual Amount: 4160.86
  • Assessor Parcel Number: 160500381214
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
May 20, 2016
Sold by
Brown Wayne C and Brown Eleanor G
Bought by
Ahmed Qurat and Ahmed Abid
Seller's Agent
Michael McKenna
Weichert Realtors - McKenna & Vane
Buyer's Agent
Abdul Chaudry
Rehman Realty
List Price
$419,900
Sold Price
$415,000
Premium/Discount to List
-$4,900
-1.17%
Current Estimated Value
$614,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,085
Avg. Annual Appreciation
4.19%
Original Mortgage
$368,520
Outstanding Balance
$292,697
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$321,388
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
Ahmed Qurat $415,000 Terrain Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Qurat $368,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $415,000 +3.8% $232 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/17/2016 05/17/16 Price Changed $400,000 -4.7% $223 / Sq Ft
05/09/2016 05/09/16 For Sale $419,900 0.0% $234 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/04/2016 03/04/16 Price Changed $419,900 -2.3% $234 / Sq Ft
02/11/2016 02/11/16 For Sale $429,900 +3.6% $240 / Sq Ft
02/11/2016 02/11/16 Off Market $415,000 -- --
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 $5,400 $454,267 -- --
2024 $5,400 $430,233 $0 $0
2023 $4,407 $406,200 $223,000 $183,200
2022 $3,247 $402,900 $0 $0
2021 $2,929 $399,600 $0 $0
2020 $4,010 $396,300 $223,000 $173,300
2019 $3,903 $387,900 $0 $0
2018 $3,810 $379,500 $0 $0
2017 $3,744 $371,100 $0 $0
2016 -- $359,567 $0 $0
2015 $3,515 $348,033 $0 $0
2014 $3,515 $336,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002400045

Bright MLS

APN: 05-00381214