NOT LISTED FOR SALE

14723 Laurelwood Ln Silver Spring, MD 20905

Estimated Value: $756,000 - $791,000

5 Beds
3.5 Baths
2,476 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $505,000 $204 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,560/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Traditional Floor Plan
  • Cloverly Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2023

Gorgeous 5 bedroom colonial home located in the sought-after community of Fairland Acres in Silver Spring, Maryland. This luxurious home boasts a spacious and thoughtfully designed interior with five bedrooms, custom bathrooms, and modern fixtures throughout. Enjoy added enjoyment by relaxing on the deck overlooking the manicured backyard! As you enter, you'll be greeted by a gleaming hardwood floor and an expansive two-story foyer. The main level offers a formal living room, a family room with a huge wood burning fireplace, a formal dining room with wainscoting, chair molding and designer paint.
The kitchen is an open concept kitchen with a breakfast area, stainless steel appliances, island and granite countertops. The breakfast area offers natural light with a sliding glass door that leads to the rear deck and backyard. The upper level features an owner's suite with new wall-to-wall carpeting and a luxurious spa-like bathroom with a soaking tub and shower plus a vast walk-in closet. There are three more bedrooms with closets, a linen closet, and a full bath off the hallway. The walk-out lower level offers a private bedroom, a full bath, a large rec room, bonus room and a utility room with lots of storage. Experience exceptional living in the heart of Silver Spring, Maryland. Schedule a tour today and welcome home!

Last Agent to Rent the Property

Suleman Hooda

(301) 869-5001 hooda.suleman@gmail.com Johnson-Needham Realty LLC Listed on: 12/13/2023

Last Renter's Agent

DARSHEIKA GILES

(202) 546-0055 jeff.wheatley@c21nm.com CENTURY 21 New Millennium License #619842

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 0.26 Acre Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Ceiling Fan
  • Brick Fireplace
  • Window Treatments
  • Laundry on lower level

Kitchen

  • Gourmet Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Basement with some natural light

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include management
  • Fairland Acres Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,595
  • Tenant pays for all utilities, light bulbs/filters/fuses/alarm care
  • The owner pays for association fees, management
  • Rent includes hoa/condo fee
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/1/24
  • Assessor Parcel Number 160501983795

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0.26 Acres

Parking

2

Rental Info

  • Date Available: 2024-01-01
  • Owner Pays: Association Fees, Management
  • Pets: Breed Restrictions, Dogs Ok, Cats Ok, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Rent Includes: Hoa/Condo Fee
  • Security Deposit: 3595.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Light Bulbs/Filters/Fuses/Alarm Care
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Carpet, Chair Railings, Floor Plan - Traditional, Kitchen - Gourmet, Primary Bath(s), Window Treatments, Wood Floors, Kitchen - Island
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Partial, Connecting Stairway, Walkout Level, Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3694
  • Living Area Sq Ft: 2476
  • Price Per Sq Ft: 1.45
  • Above Grade Finished Sq Ft: 2476
  • Below Grade Sq Ft: 1218
  • Total Below Grade Sq Ft: 1218
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: 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
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Cable Tv Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Management
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Fencing: Rear
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11158.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: RE1

Tax Info

  • Assessor Parcel Number: 160501983795

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 8, 2016
Sold by
Mcnair Keith L and Mcnair Karen S
Bought by
Kesseh Edmond and Kesseh Janice
Seller's Agent
Diane Donnelly
Keller Williams Flagship
Buyer's Agent
Richard Newcomb
Washington Fine Properties
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%
Current Estimated Value
$768,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,601
Avg. Annual Appreciation
4.32%
Original Mortgage
$505,000
Outstanding Balance
$401,192
Interest Rate
3.68%
Mortgage Type
VA
Estimated Equity
$367,409

Purchase Details

Closed on
Sep 7, 1993
Sold by
Mehta A K
Bought by
Mcnair Keith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.11%
Source: Public Records
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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
Kesseh Edmond $505,000 Fidelity Natl Title Ins Co
Mcnair Keith L $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kesseh Edmond $505,000
Previous Owner Mcnair Keith L $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Rented $3,595 0.0% --
12/13/2023 12/13/23 For Rent $3,595 0.0% --
04/08/2016 04/08/16 Sold $505,000 0.0% $137 / Sq Ft View Prior Sale
03/11/2016 03/11/16 Price Changed $505,000 +1.0% $137 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $500,000 -- $135 / Sq Ft
Source: Bright MLS

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 $6,728 $597,367 -- --
2024 $6,728 $545,533 $0 $0
2023 $5,416 $493,700 $256,900 $236,800
2022 $5,164 $493,700 $256,900 $236,800
2021 $5,097 $493,700 $256,900 $236,800
2020 $5,097 $494,800 $256,900 $237,900
2019 $4,870 $475,633 $0 $0
2018 $4,660 $456,467 $0 $0
2017 $4,537 $437,300 $0 $0
2016 -- $437,300 $0 $0
2015 $5,019 $437,300 $0 $0
2014 $5,019 $449,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2115370

Bright MLS

APN: 05-01983795

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