NOT LISTED FOR SALE

1437 Silo Way Silver Spring, MD 20905

Estimated Value: $541,000 - $584,000

3 Beds
3.5 Baths
1,495 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $372,000 $249 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,405/month

Highlights

  • Colonial Architecture
  • No HOA
  • En-Suite Primary Bedroom
  • Dr. Charles R. Drew Elementary School Rated A
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

Charming 3 BR/2 Full- & 1 Half-Bath Colonial w/ Loads of Updates. Kitchen Features Granite Counters and opens to Family Room w Wood Burning Fireplace. Hardwood Floors on Main, Fresh Paint Throughout, Large Deck overlooking private backyard. This is a Fannie Mae HomePath Property. First-Time Buyers, complete the HomePath Ready Buyer homeownership course and request up to 3% closing cost assistance.

Last Agent to Sell the Property

Pennye Green

(202) 247-5668 pennye.greenteam@gmail.com Long & Foster Real Estate, Inc. License #301403 Listed on: 11/17/2015

Long & Foster Real Estate, Inc.

Co-Listed By

Nadia Aminov

(571) 331-9745 nadia.aminov@gmail.com Long & Foster Real Estate, Inc. License #0225083579

Last Buyer's Agent

Juan Umanzor

(240) 494-6433 Juan@longandfoster.com Long & Foster Real Estate, Inc. License #0225102012

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1986

Lot Details

  • 10,248 Sq Ft Lot
  • Property is zoned R200

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160502183151

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,759

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Remarks Public: Charming 3 BR/2 Full- & 1 Half-Bath Colonial w/ Loads of Updates. Kitchen Features Granite Counters and opens to Family Room w Wood Burning Fireplace. Hardwood Floors on Main, Fresh Paint Throughout, Large Deck overlooking private backyard. This is a Fannie Mae HomePath Property. First-Time Buyers, complete the HomePath Ready Buyer homeownership course and request up to 3% closing cost assistance.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 1437

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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

Lot Info

  • Improvement Assessed Value: 127700.00
  • Land Assessed Value: 231600.00
  • Lot Size Acres: 0.24
  • Lot Size Area: 10248
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10248.00
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13807994
  • Tax Annual Amount: 3759.35
  • Assessor Parcel Number: 160502183151
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 1495
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/13/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
May 13, 2016
Sold by
Federal National Mortgage Association
Bought by
Arias Maria G and Arias Josue
Seller's Agent
Pennye Green
Long & Foster Real Estate, Inc.
Buyer's Agent
Juan Umanzor
Long & Foster Real Estate, Inc.
List Price
$389,900
Sold Price
$372,000
Premium/Discount to List
-$17,900
-4.59%
Current Estimated Value
$561,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,640
Avg. Annual Appreciation
4.48%
Original Mortgage
$365,262
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2015
Sold by
Argueta Garcia Allison A and Garcia Israel
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jan 31, 2003
Sold by
Park Chun H and Park S J
Bought by
Argueta Garcia Allison A and Israel Garcia
Source: Public Records

Range of Values:

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Average Value
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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
Arias Maria G $372,000 First American Title Ins Co
Federal National Mortgage Association $501,321 None Available
Argueta Garcia Allison A $309,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arias Maria G $365,262
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $372,000 -0.8% $249 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/03/2016 03/03/16 Price Changed $374,900 -2.6% $251 / Sq Ft
01/29/2016 01/29/16 Price Changed $384,900 -1.3% $257 / Sq Ft
01/17/2016 01/17/16 For Sale $389,900 0.0% $261 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
12/23/2015 12/23/15 Price Changed $389,900 -2.5% $261 / Sq Ft
11/17/2015 11/17/15 For Sale $399,900 -- $267 / 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 $5,124 $430,400 -- --
2024 $5,124 $406,200 $0 $0
2023 $4,821 $382,000 $231,600 $150,400
2022 $4,562 $376,433 $0 $0
2021 $3,668 $370,867 $0 $0
2020 $3,668 $365,300 $231,600 $133,700
2019 $3,632 $363,300 $0 $0
2018 $3,609 $361,300 $0 $0
2017 $3,659 $359,300 $0 $0
2016 -- $335,600 $0 $0
2015 $3,377 $311,900 $0 $0
2014 $3,377 $288,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002389803

Bright MLS

APN: 05-02183151