NOT LISTED FOR SALE

1429 Silo Way Silver Spring, MD 20905

Cloverly Area

Estimated Value: $639,000 - $712,586

5 Beds
3.5 Baths
2,000 Sq Ft
$343/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2014

Last sale price $450,000 $225 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,229 / mo

68 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • No HOA
  • Dr. Charles R. Drew Elementary School Rated A
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of June 2014

BEAUTIFULLY RENOVATED HOME IN SOUGHT AFTER OAK SPRINGS. 5 BRS 3 1/2 BATHS. GORGEOUS KITCHEN WITH TOP OF THE LINE APPLIANCES AND GRANITE COUNTERS. SEPARATE LIVING ROOM AND DINING ROOM PLUS A FAMILY ROOM WITH FIREPLACE. FULLY FINISHED BASEMENT WITH RECREATION ROOM, FULLY LEGAL BEDROOM AND FULL BATH. NICE BIG BACKYARD. **SELLER HELP AVAILABLE.** **NEW PRICE**

Last Agent to Sell the Property

Julia Sotomarino

(301) 881-9800 service@realty-advantage.com Realty Advantage of Maryland LLC Listed on: 03/06/2014

Realty Advantage of Maryland LLC

Last Buyer's Agent

Timothy Rill

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors License #650254

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1985

Lot Details

  • 16,863 Sq Ft Lot
  • Wooded Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3.5 Bathrooms

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Basement with some natural light

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160502183138

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Year Built

Built in 1985

Lot Details

0.39 Acres

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, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1985
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Connecting Stairway, Daylight, Partial, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, 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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.39
  • Lot Size Area: 16863
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16863.00
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4050.12
  • Assessor Parcel Number: 160502183138
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

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

Closed on
Nov 14, 2023
Sold by
Bought by
Current Estimated Value
$685,647

Purchase Details

Listed on
Mar 6, 2014
Closed on
Jun 30, 2014
Sold by
Bought by
Seller's Agent
Julia Sotomarino
Realty Advantage of Maryland LLC
Buyer's Agent
Timothy Rill
Cummings & Co. Realtors
List Price
$489,900
Sold Price
$450,000
Premium/Discount to List
-$39,900
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$417,000
Interest Rate
0.0387%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jan 2, 2014
Sold by
Bought by
Seller's Agent
Tom Kunjoo
Abaris Realty, Inc.
Buyer's Agent
Julia Sotomarino
Realty Advantage of Maryland LLC
List Price
$330,000
Sold Price
$285,000
Premium/Discount to List
-$45,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
175.94%
Original Mortgage
$320,000
Interest Rate
0.0447%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- Core Title
$450,000 Advantage Title Company
$285,000 Brennan Title Company
-- --
-- --
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
Previous Owner $372,000
Previous Owner $71,550
Previous Owner $381,600
Previous Owner $417,000
Previous Owner $320,000
Previous Owner $219,000
Previous Owner $216,000
Previous Owner $75,000
Previous Owner $22,000
Previous Owner $172,680
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 Prior Sale
06/30/2014 06/30/14 Sold $450,000 -1.1% $225 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
04/30/2014 04/30/14 Price Changed $454,900 -3.2% $227 / Sq Ft
04/02/2014 04/02/14 Price Changed $469,900 -1.1% $235 / Sq Ft
03/20/2014 03/20/14 Price Changed $474,900 -1.0% $237 / Sq Ft
03/06/2014 03/06/14 Price Changed $479,900 -2.0% $240 / Sq Ft
03/06/2014 03/06/14 For Sale $489,900 +71.9% $245 / Sq Ft
01/15/2014 01/15/14 Sold $285,000 -13.6% $143 / Sq Ft View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $330,000 -- $165 / 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 $7,080 $555,800
2024 $6,553 $518,500 $0 $0
2023 $6,090 $481,200 $250,100 $231,100
2022 $5,050 $472,567 $0 $0
2021 $4,769 $463,933 $0 $0
2020 $4,769 $455,300 $250,100 $205,200
2019 $4,716 $452,167 $0 $0
2018 $4,682 $449,033 $0 $0
2017 $4,738 $445,900 $0 $0
2016 $3,793 $407,533 $0 $0
2015 $3,793 $369,167 $0 $0
2014 $3,793 $330,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julia Sotomarino

    Seller's Agent in 2014

    Julia Sotomarino

    Realty Advantage of Maryland LLC

    (240) 372-2278

    38 Total Sales

    Julia Sotomarino
    Section Image

  • T

    Seller's Agent in 2014

    Tom Kunjoo

    Abaris Realty, Inc.

    Section Image
  • Timothy Rill

    Buyer's Agent in 2014

    Timothy Rill

    Cummings & Co. Realtors

    (443) 340-4904

    79 Total Sales

    Timothy Rill
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002866036

Bright MLS

APN: 05-02183138

Maryland Montgomery County Silver Spring 20905

1429 Silo Way, Silver Spring, MD

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