NOT LISTED FOR SALE

14800 Pennfield Cir Unit 407 Silver Spring, MD 20906

Estimated Value: $285,825 - $301,000

2 Beds
2 Baths
1,157 Sq Ft
$557/mo HOA Fee

Last Sold August 26, 2013

Last sale price $194,050 $168 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,356/month

Highlights

  • Bar or Lounge
  • Active Adult
  • Open Floorplan
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of August 2013

REDUCED OVER $50,000 FOR A QUICK SALE! SUNNY 2 BR 2 FB CONDO. BRIGHT KITCHEN WITH NEW FLOORING AND PASS THROUGH. SPACIOUS LIVING ROOM AND DINING ROOM. ENCLOSED SUNROOM THAT OPENS FROM LIVING ROOM. FRESH NEUTRAL COLOR PAINT THROUGHOUT.! GARAGE SPACE INCLUDED!

Last Agent to Sell the Property

Brenita Young

(301) 537-4866 brenitayoung@aol.com Fairfax Realty Select Listed on: 02/22/2013

Fairfax Realty Select

Last Buyer's Agent

John Radcliffe

jradrltr@aol.com Weichert, REALTORS

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1994

Lot Details

  • 1,830

HOA Fees

  • $557 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Composite Building Materials

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303069204
  • $167 Front Foot Fee per year

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, exterior building maintenance, lawn maintenance, management, insurance, recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water, security gate
  • Low-Rise Condominium
  • Villa Cortese Community
  • Villa Cortese Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Community Dining Room
  • Community Library
  • Recreation Room
  • Bar or Lounge
  • Elevator
  • Community Storage Space

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Pool Membership Available

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,350

Year Built

Built in 1994

Lot Details

0

HOA Fees

$557 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1994
  • Remarks Public: REDUCED OVER $50,000 FOR A QUICK SALE! SUNNY 2 BR 2 FB CONDO. BRIGHT KITCHEN WITH NEW FLOORING AND PASS THROUGH. SPACIOUS LIVING ROOM AND DINING ROOM. ENCLOSED SUNROOM THAT OPENS FROM LIVING ROOM. FRESH NEUTRAL COLOR PAINT THROUGHOUT.! GARAGE SPACE INCLUDED!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer
  • Interior Amenities: Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Top Floor
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Sun/Florida Room, Storage Room, Bedroom 6, Screened Porch
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1157
  • Living Area Sq Ft: 1157
  • Price Per Sq Ft: 162.49
  • Above Grade Finished Sq Ft: 1157
  • 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: Composition
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 557.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Club House, Common Grounds, Community Center, Dining Rooms, Elevator, Exercise Room, Extra Storage, Gated Community, Golf Course Membership Available, Library, Meeting Room, Party Room, Picnic Area, Pool Mem Avail, Pool - Outdoor, Recreational Center, Retirement Community, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Security Gate
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 137500.00
  • Land Assessed Value: 52500.00
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14065946
  • Tax Annual Amount: 2349.74
  • Assessor Parcel Number: 161303069204
  • Tax Total Finished Sq Ft: 1157
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 08/26/2013

Multi Family

  • Front Foot Fee: 166.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Aug 26, 2013
Sold by
Lockhart James H and The Jim Lockhart Living Trust
Bought by
Yorke Dorothy L
Seller's Agent
Brenita Young
Fairfax Realty Select
Buyer's Agent
John Radcliffe
Weichert, REALTORS
List Price
$259,900
Sold Price
$194,050
Premium/Discount to List
-$65,850
-25.34%
Current Estimated Value
$293,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,156
Avg. Annual Appreciation
3.45%

Purchase Details

Closed on
Aug 16, 2006
Sold by
Lockhart James H
Bought by
Lockhart James H Trustee

Purchase Details

Closed on
Sep 24, 2005
Sold by
Lockhart James H
Bought by
Lockhart James H Trustee

Purchase Details

Closed on
Jul 12, 2005
Sold by
Cranford Dorothy J
Bought by
Lockhart James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1994
Sold by
Rossmoor Idi Villa Cortese Lp
Bought by
Cranford Dorothy J
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
Yorke Dorothy L $194,050 None Available
Lockhart James H Trustee -- --
Lockhart James H Trustee -- --
Lockhart James H $325,000 --
Cranford Dorothy J $191,775 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lockhart James H $282,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2013 08/26/13 Sold $194,050 +3.2% $168 / Sq Ft
08/04/2013 08/04/13 Pending -- -- --
08/01/2013 08/01/13 Price Changed $188,000 -6.0% $162 / Sq Ft
07/24/2013 07/24/13 Price Changed $199,999 -4.7% $173 / Sq Ft
07/18/2013 07/18/13 Price Changed $209,900 -4.5% $181 / Sq Ft
06/17/2013 06/17/13 Price Changed $219,900 -1.8% $190 / Sq Ft
05/30/2013 05/30/13 Price Changed $224,000 -2.2% $194 / Sq Ft
05/22/2013 05/22/13 Price Changed $229,000 -2.3% $198 / Sq Ft
05/16/2013 05/16/13 Price Changed $234,500 -2.1% $203 / Sq Ft
05/03/2013 05/03/13 Price Changed $239,500 -2.0% $207 / Sq Ft
04/19/2013 04/19/13 Price Changed $244,500 -1.2% $211 / Sq Ft
04/11/2013 04/11/13 Price Changed $247,500 -1.0% $214 / Sq Ft
04/08/2013 04/08/13 Price Changed $249,900 -2.0% $216 / Sq Ft
04/01/2013 04/01/13 Price Changed $254,900 -1.9% $220 / Sq Ft
02/22/2013 02/22/13 For Sale $259,900 -- $225 / 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 $3,134 $275,000 -- --
2024 $3,134 $265,000 $79,500 $185,500
2023 $2,246 $248,333 $0 $0
2022 $1,867 $231,667 $0 $0
2021 $3,484 $215,000 $64,500 $150,500
2020 $2,960 $203,333 $0 $0
2019 $2,960 $191,667 $0 $0
2018 $1,988 $180,000 $54,000 $126,000
2017 $1,522 $176,667 $0 $0
2016 -- $173,333 $0 $0
2015 $1,563 $170,000 $0 $0
2014 $1,563 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003358856

Bright MLS

APN: 13-03069204