NOT LISTED FOR SALE

1461 Silo Way Silver Spring, MD 20905

Estimated Value: $620,000 - $671,000

4 Beds
2.5 Baths
2,016 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $420,000 $208 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,940/month

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Traditional Floor Plan
  • Dr. Charles R. Drew Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2015

This 4 bedroom 2.5 bath Colonial has many quality updates. New Windows (2013), Roof (2004), Kitchen Updated (2002-07), Master bath w/custom tile (2011), Garage doors (2007), Storm door (2009). Wood floors, Granite, Stainless steel appliances, and Ceramic, are just a few of the material upgrades. Corner lot w/fenced yard. This well maintained home is conveniently located within 2 miles of the ICC.

Last Agent to Sell the Property

Boyd McGinn

(443) 310-8824 boyd@mcginnhomes.com RE/MAX Realty Group License #17190 Listed on: 04/10/2015

RE/MAX Realty Group

Co-Listed By

Scott Kapinos

(410) 340-2761 scott@ericpakulla.com RE/MAX Advantage Realty

Last Buyer's Agent

Saba Wolteji

(202) 436-4593 homesbysaba@gmail.com Samson Properties License #SP98362865

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1984

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • The property's topography is moderate slope
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Parking Space Conveys

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Triple Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Views of Woods

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement with some natural light

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Fiber Optics Available

Additional Features

  • Energy-Efficient Appliances
  • Deck

Community Details

  • No Home Owners Association
  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 160502181061

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,825

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1984
  • Remarks Public: This 4 bedroom 2.5 bath Colonial has many quality updates. New Windows (2013), Roof (2004), Kitchen Updated (2002-07), Master bath w/custom tile (2011), Garage doors (2007), Storm door (2009). Wood floors, Granite, Stainless steel appliances, and Ceramic, are just a few of the material upgrades. Corner lot w/fenced yard. This well maintained home is conveniently located within 2 miles of the ICC.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Chair Railings, Crown Moldings, Window Treatments, Upgraded Countertops, Laundry Chute, Wood Floors, Floor Plan - Traditional
  • Window Features: Insulated, Triple Pane, Screens, Energy Star Qualified
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room
  • Basement: Yes
  • Basement Type: Sump Pump, Daylight, Partial, Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3024
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 210.81
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Sq Ft: 1008
  • Total Below Grade Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1461

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Road Surface Type: Paved
  • Roof: Asphalt
  • View: Street, Trees/Woods
  • View: Yes
  • 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, Parking Space Conveys, Attached, Asphalt Driveway, Asphalt Driveway
  • Parking Space Number Assigned: 6
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street, Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Fencing: Rear, Privacy
  • Improvement Assessed Value: 162800.00
  • Land Assessed Value: 234100.00
  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.26
  • Lot Size Area: 11111
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11111.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Moderate Slope
  • Year Assessed: 2015
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13846494
  • Tax Annual Amount: 3824.55
  • Assessor Parcel Number: 160502181061
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/02/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Oxford Renex C and Oxford Rose Marie
Bought by
Oxford Renex C
Current Estimated Value
$650,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$333,862
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$317,023

Purchase Details

Listed on
Apr 10, 2015
Closed on
Jun 2, 2015
Sold by
Speake Cecilia Marie
Bought by
Oxford Renex C and Oxford Rose Marie
Seller's Agent
Boyd McGinn
RE/MAX Realty Group
Buyer's Agent
Saba Wolteji
Samson Properties
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$399,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Oxford Renex C -- Accommodation
Oxford Renex C $420,000 Hutton Patt Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oxford Renex C $375,000
Closed Oxford Renex C $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2015 06/02/15 Sold $420,000 -1.2% $208 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $425,000 -- $211 / 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 $5,703 $487,333 -- --
2024 $5,703 $456,567 $0 $0
2023 $4,633 $425,800 $234,100 $191,700
2022 $4,336 $418,667 $0 $0
2021 $4,100 $411,533 $0 $0
2020 $4,100 $404,400 $234,100 $170,300
2019 $4,057 $401,900 $0 $0
2018 $4,030 $399,400 $0 $0
2017 $4,082 $396,900 $0 $0
2016 $3,595 $369,433 $0 $0
2015 $3,595 $341,967 $0 $0
2014 $3,595 $314,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002321149

Bright MLS

APN: 05-02181061