NOT LISTED FOR SALE

14800 Pennfield Cir Unit 405 Silver Spring, MD 20906

Estimated Value: $240,181 - $292,000

2 Beds
2 Baths
1,092 Sq Ft
$603/mo HOA Fee

Last Sold December 07, 2018

Last sale price $200,000 $183 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,185/month

Highlights

  • Golf Course Community
  • Fitness Center
  • Transportation Service
  • Bar or Lounge
  • 24-Hour Security
  • Active Adult

About This Home

As of December 2018

BACK ON MARKET - FINANCING FELL THROUGH! AGE 55+ GATED COMMUNITY. THIS IS A TERRIFIC CONDOMINIUM -- FRESH PAINT! BRIGHT, SPACIOUS, CLEAN AND READY FOR YOUR OCCUPANCY! VERY CLOSE TO CLUBHOUSE I AND ALL THOSE ACTIVITIES. LARGE, SUNNY ENCLOSED BALCONY. BOTH BEDROOMS HAVE EN-SUITE BATHS. TABLE SPACE KITCHEN AND SEPARATE DINING ROOM. CALIFORNIA CLOSETS THROUGHOUT. HOA DUES ARE INCLUDED IN MONTHLY CONDO FEE.

Last Agent to Sell the Property

Eileen Kane

(240) 460-8647 kathe.e.kane@gmail.com Weichert, REALTORS License #41091 Listed on: 06/18/2018

Weichert, REALTORS

Last Buyer's Agent

Joyce Meyerdirk-McKenzie

(443) 255-1644 joyce@urbanbrokers.com Urban Brokers, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1994

Lot Details

  • 1,699

HOA Fees

  • $603 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Living Room
  • Dining Room
  • Screened Porch
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Free Parking
  • Parking Lot
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Doors with lever handles

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • 60+ Gallon Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303069181
  • $167 Front Foot Fee per year

Community Details

Overview

  • Active Adult
  • Moving Fees Required
  • Association fees include cable TV, common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, insurance, recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water, security gate
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Villa Cortese At Leisure World Condos
  • Leisure World Subdivision
  • Villa Cortese At Leisure World Community
  • Property Manager
  • The community has rules related to alterations or architectural changes, antenna installations, moving in times, parking rules

Amenities

  • Transportation Service
  • Newspaper Service
  • Common Area
  • Bank or Banking On-Site
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Art Studio
  • Community Library
  • Bar or Lounge
  • Guest Suites
  • Community Storage Space

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Lap or Exercise Community Pool
  • Pool Membership Available
  • Putting Green
  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,044

Year Built

Built in 1994

Lot Details

0

HOA Fees

$603 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Doors - Lever Handle(s), Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1994
  • Remarks Public: BACK ON MARKET - FINANCING FELL THROUGH! AGE 55+ GATED COMMUNITY. THIS IS A TERRIFIC CONDOMINIUM -- FRESH PAINT! BRIGHT, SPACIOUS, CLEAN AND READY FOR YOUR OCCUPANCY! VERY CLOSE TO CLUBHOUSE I AND ALL THOSE ACTIVITIES. LARGE, SUNNY ENCLOSED BALCONY. BOTH BEDROOMS HAVE EN-SUITE BATHS. TABLE SPACE KITCHEN AND SEPARATE DINING ROOM. CALIFORNIA CLOSETS THROUGHOUT. HOA DUES ARE INCLUDED IN MONTHLY CONDO FEE.
  • Special Assessment Payment: Annually
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Table Space, Dining Area, Primary Bath(s), Window Treatments, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Screened Porch
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Living Area Units: Square Feet
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 196.89
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14800

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Secure Storage
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Free
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: 24 Hour Security, Main Entrance Lock, Security Gate, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 603.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Villa Cortese at Leisure World
  • HOA Condo Co-Op Amenities: Art Studio, Bank / Banking On-Site, Bar/Lounge, Club House, Common Grounds, Community Center, Elevator, Extra Storage, Fitness Center, Gated Community, Golf Course, Golf Course Membership Available, Guest Suites, Jog/Walk Path, Library, Meeting Room, Newspaper Service, Party Room, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Putting Green, Security, Tennis Courts, Transportation Service, Exercise Room
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Adult Living Community, Alterations/Architectural Changes, Antenna, Elevator Use, Moving Fees Required, Moving In Times, Parking, Pets - Allowed, Pets - Size Restrict
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No
  • Community Pool Features: Indoor, Lap/Exercise

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 115500.00
  • Land Assessed Value: 49500.00
  • Year Assessed: 2018
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14065944
  • Tax Annual Amount: 2043.76
  • Assessor Parcel Number: 161303069181
  • Tax Total Finished Sq Ft: 1092
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/07/2018

Multi Family

  • Front Foot Fee: 166.60
  • Metering: Electric Separate

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Dec 7, 2018
Sold by
Yurow Victor R
Bought by
Bond High Eleanor
Seller's Agent
Eileen Kane
Weichert, REALTORS
Buyer's Agent
Joyce Meyerdirk-McKenzie
Urban Brokers, LLC
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$263,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,795
Avg. Annual Appreciation
4.12%
Original Mortgage
$150,000
Outstanding Balance
$131,760
Interest Rate
4.75%
Estimated Equity
$132,035

Purchase Details

Closed on
Dec 18, 2000
Sold by
Becker Frederick W and Becker M
Bought by
Yurow Victor R

Purchase Details

Closed on
Feb 17, 1995
Sold by
Rossmoor Idi Villa Cortese Lp
Bought by
Becker Frederick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
9.19%
Source: Public Records

Range of Values:

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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
Bond High Eleanor $200,000 None Available
Yurow Victor R $175,000 --
Becker Frederick W $178,075 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Frederick W $150,000
Closed Bond High Eleanor $150,000
Previous Owner Becker Frederick W $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $200,000 -7.0% $183 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $215,000 0.0% $197 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $215,000 +7.5% $197 / Sq Ft
07/29/2018 07/29/18 Off Market $200,000 -- --
06/18/2018 06/18/18 For Sale $215,000 -- $197 / 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 $2,386 $210,000 -- --
2024 $2,386 $200,000 $60,000 $140,000
2023 $1,690 $200,000 $60,000 $140,000
2022 $1,589 $200,000 $60,000 $140,000
2021 $1,577 $200,000 $60,000 $140,000
2020 $1,446 $188,333 $0 $0
2019 $2,629 $176,667 $0 $0
2018 $1,823 $165,000 $49,500 $115,500
2017 $1,350 $161,667 $0 $0
2016 -- $158,333 $0 $0
2015 $1,295 $155,000 $0 $0
2014 $1,295 $155,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001894254

Bright MLS

APN: 13-03069181