NOT LISTED FOR SALE

1432 Farmcrest Way Silver Spring, MD 20905

Estimated Value: $380,000 - $412,000

2 Beds
2.5 Baths
1,315 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $355,000 $270 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,477/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Dr. Charles R. Drew Elementary School Rated A
  • Recreation Room
  • Laundry Room

About This Home

As of June 2023

Welcome home to 1432 Farmcrest Way! This move-in ready 2 bedroom 2 1/2 bathroom home is just waiting for you to make it your own! Stepping into the main level of your home you'll find a spacious kitchen, dining area, living room, patio door to your backyard, and convenient half bath. The upper level of your home offers a primary suite with access to the full bath, plus a bonus vanity area, second bedroom, and shared full hall bath. The fully finished lower level offers a spacious rec room, fully bath, and storage. Outside of the home you'll find a deck and fenced backyard. All of this in a convenient location with easy access to several major commuter routes, shopping, dining, and so much more!

Last Agent to Sell the Property

Jim Bass

Real Estate Teams, LLC License #321146 Listed on: 05/23/2023

Last Buyer's Agent

Claudia MacDonald

Redfin Corp License #667164

Redfin Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,981

Year Built

  • Built in 1983

Lot Details

  • 1,558 Sq Ft Lot
  • Back Yard Fenced

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Combination Dining and Living Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Basement Windows

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 286
  • Assessor Parcel Number 160502258462

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,981

Year Built

Built in 1983

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-05-24
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Dryer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Wood Floors
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Recreation Room, Bathroom 1, Bathroom 2, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Windows
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1315
  • Price Per Sq Ft: 382.51
  • Above Grade Finished Sq Ft: 915
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 35
  • Total Below Grade Sq Ft: 435
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1432

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • 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 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 93.70
  • 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
  • Elementary School: DR. CHARLES R. DREW
  • Middle School: FRANCIS SCOTT KEY
  • High School: SPRINGBROOK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: DR. CHARLES R. DREW
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Fencing: Rear
  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1558.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2981.00
  • Assessor Parcel Number: 160502258462
  • Tax Lot: 286
  • Tax Total Finished Sq Ft: 915
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 30, 2023
Sold by
Starks John and Starks Elizabeth M
Bought by
Adenigbagbe Beatrice Jumoke
Seller's Agent
Jim Bass
Real Estate Teams, LLC
Buyer's Agent
Claudia MacDonald
Redfin Corp
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Views
43
Current Estimated Value
$392,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,595
Avg. Annual Appreciation
4.68%
Original Mortgage
$13,774
Outstanding Balance
$13,453
Interest Rate
6.69%
Estimated Equity
$379,142

Purchase Details

Listed on
Dec 13, 2015
Closed on
Jan 27, 2016
Sold by
Payne Sarah P
Bought by
Starks John and Starks Elizabeth M
Seller's Agent
Yolanda Muckle
Long & Foster Real Estate, Inc.
Buyer's Agent
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
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
Adenigbagbe Beatrice Jumoke $355,000 Title Forward
Adenigbagbe Beatrice Jumoke $355,000 Title Forward
Starks John $235,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adenigbagbe Beatrice Jumoke $13,774
Closed Adenigbagbe Beatrice Jumoke $13,774
Open Adenigbagbe Beatrice Jumoke $344,350
Closed Adenigbagbe Beatrice Jumoke $344,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $355,000 +1.4% $270 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $350,000 +48.9% $266 / Sq Ft
01/27/2016 01/27/16 Sold $235,000 0.0% $174 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/13/2015 12/13/15 For Sale $235,000 -- $174 / 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 $3,498 $303,467 -- --
2024 $3,498 $272,933 $0 $0
2023 $1,910 $242,400 $138,000 $104,400
2022 $2,289 $240,433 $0 $0
2021 $2,175 $238,467 $0 $0
2020 $2,175 $236,500 $138,000 $98,500
2019 $2,068 $227,867 $0 $0
2018 $1,969 $219,233 $0 $0
2017 $1,917 $210,600 $0 $0
2016 -- $198,000 $0 $0
2015 $1,948 $185,400 $0 $0
2014 $1,948 $172,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2086824

Bright MLS

APN: 05-02258462