NOT LISTED FOR SALE

14801 Pennfield Cir Unit 302 Silver Spring, MD 20906

Leisure World Area

Estimated Value: $342,000 - $353,144

2 Beds
2 Baths
1,361 Sq Ft
2,134 Sq Ft Lot

Sale Details

Date Sold: May 28, 2026

Last sale price $347,000 $255 Per Sq Ft

Current estimated payment $3,562 / mo

102 Days on Market

Highlights

  • Bar or Lounge
  • 24-Hour Security
  • Gated Community
  • Fitness Center
  • Active Adult
  • Clubhouse

About This Home

As of May 2026

55+ Premier Gated Community, Luxury Garden Style Model “E” Condo in the Villa Cortese Series featuring 2 bedrooms, 2 full baths, 1361 sf, plus a spacious enclosed balcony. The unit is especially notable for its desirable garage space # 13 which is one of the closest to the interior building door, as well the apartment’s proximity to the elevator...a short distance with no ambient noise! Welcome to the apartment foyer with engineered hardwood flooring which continues throughout the living and dining rooms, plus the hallways. The apartment opens with a spacious, bright living room with enough square footage to bring all of your furnishings from your previous home! The room leads to the enclosed carpeted balcony. The separate dining room has chair rail moldings and leads to the updated table space kitchen with granite countertops, tile floor and backsplash, attractive light cherry wood cabinets, stainless steel appliances, including a café door refrigerator, plus a custom built-in wine rack and a large window with wood-look blinds and a convenient updated stacked washer and dryer in the hallway closet. The hall full bath has been tastefully updated with updated vanity and lighting and is across from the second bedroom, currently used as the den. The generously sized primary bedroom features an ensuite garden bath with grab bars, separate step-in shower, plus jetted bathtub and updated vanity with Quartz countertop. The apartment also includes a secure storage cage on the lobby level, a less than one-year-old HVAC system, gas heat & central air, plus 2025 total duct cleaning. The condo is conveniently located close to Club House One and the shopping center. The community has two clubhouses, free bus service, three entry gates, RFID for residents, free state-of-the-art fitness center, two swimming pools, restaurants, meeting rooms, ceramics lab, 18hole golf course, tennis & pickleball courts. The community is close to major routes, as well as the ICC, plus clubs and activities galore

Last Agent to Sell the Property

Richard Winkler

(301) 681-0550 rwinkler111@yahoo.com Weichert, REALTORS Brokerage Phone: 3016810550 License #SP98376414 Listed on: 01/21/2026

Weichert, REALTORS

Co-Listed By

Sudha Baxter

(301) 681-0550 sudhabaxter@yahoo.com Weichert, REALTORS Brokerage Phone: 3016810550 License #655575

Last Buyer's Agent

Barbara King

(301) 681-0550 bking080512@gmail.com Weichert, REALTORS License #95639

Weichert, REALTORS

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,667

Year Built

  • Built in 1995

Lot Details

  • 2,134

HOA Fees

  • $1,407 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #13

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,361 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Multi-Tank Hot Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303096377

Community Details

Overview

  • Active Adult
  • $3 Capital Contribution Fee
  • Association fees include broadband, bus service, cable TV, common area maintenance, exterior building maintenance, health club, high speed internet, lawn maintenance, management, security gate, snow removal, sewer, trash, water
  • Active Adult | Residents must be 55 or older
  • Low-Rise Community
  • Villa Cortese Condos
  • Leisure World Subdivision
  • Property Manager

Amenities

  • Common Area
  • Bank or Banking On-Site
  • Clubhouse
  • Billiard Room
  • Community Center
  • Art Studio
  • Bar or Lounge

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,667

Year Built

Built in 1995

Lot Details

2,134 Sq Ft Lot

HOA Fees

$1,407 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1995
  • Assigned Parking Space Numbers: 13
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor
  • Total Sq Ft: 1361
  • Living Area Sq Ft: 1361
  • Price Per Sq Ft: 268.19
  • Above Grade Finished Sq Ft: 1361
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Concrete
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 29.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Security: 24 Hour Security, Security Gate, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1407.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Villa Cortese
  • HOA Condo Co-Op Amenities: Art Studio, Bank / Banking On-Site, Bar/Lounge, Billiard Room, Club House, Common Grounds, Community Center, Fitness Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Broadband, Bus Service, Cable Tv, Common Area Maintenance, Ext Bldg Maint, Health Club, High Speed Internet, Lawn Maintenance, Management, Security Gate, Snow Removal, Sewer, Trash, Water
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Capital Contribution Fee: 3.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3667.00
  • Assessor Parcel Number: 161303096377
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2026
Closed on
May 28, 2026
Sold by
Josephine Palermino and Palermino Family Trust
Bought by
Seller's Agent
Richard Winkler
Weichert, REALTORS
Buyer's Agent
Barbara King
Weichert, REALTORS
List Price
$365,000
Sold Price
$347,000
Premium/Discount to List
-$18,000
-4.93%
Views
137
Current Estimated Value
$345,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,464
Avg. Annual Appreciation
-1.50%
Original Mortgage
$329,650
Outstanding Balance
$302,955
Interest Rate
6.23%
Mortgage Type
Construction
Estimated Equity
$42,581

Purchase Details

Listed on
May 23, 2012
Closed on
Sep 14, 2012
Sold by
Korn Edward L and The Alexander Korn Trust
Bought by
Palermino Josephine E and The Palermino Family Trust
Seller's Agent
Sue Heyman
Weichert, REALTORS
Buyer's Agent
Sue Heyman
Weichert, REALTORS
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%

Purchase Details

Closed on
May 5, 1995
Sold by
Rossmoor Idi Villa Cortese Lp
Bought by
Korn Alexander Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Silver Spring, MD

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$347,000 Fidelity National Title
Palermino Josephine E $229,000 First American Title Ins Co
Korn Alexander Trust $246,450 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $329,650
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2026 05/28/26 Sold $347,000 -4.9% $255 / Sq Ft
05/03/2026 05/03/26 Pending -- -- --
01/21/2026 01/21/26 For Sale $365,000 -- $268 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,975 $310,000 $93,000 $217,000
2024 $3,652 $310,000 $93,000 $217,000
2023 $2,957 $310,000 $93,000 $217,000
2022 $2,499 $310,000 $93,000 $217,000
2021 $5,200 $310,000 $93,000 $217,000
2020 $4,070 $280,000 $0 $0
2019 $4,070 $250,000 $0 $0
2018 $2,430 $220,000 $66,000 $154,000
2017 $1,982 $216,667 $0 $0
2016 -- $213,333 $0 $0
2015 $1,991 $210,000 $0 $0
2014 $1,991 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2214080

Bright MLS

APN: 13-03096377

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