$185,000
SOLD MAR 27, 2014 RENTED SEP 9, 2024

14801 Pennfield Cir Unit 407 Silver Spring, MD 20906

2 Beds
2 Baths
1,158 Sq Ft
$557/mo HOA Fee

Recently Sold

$160 Per Sq Ft

33% Below List Price

235 Days on Market

Highlights

  • Golf Club
  • Fitness Center
  • Senior Community
  • Bowling Alley
  • Transportation Service
  • Gated Community

About This Home

As of March 2014

VERY CLEAN AND READY! "C" MODEL. LIGHT-FILLED WITH GLEAMING HARDWOOD FLOORS AND BEAUTIFUL SUN ROOM. IN DESIRABLE VILLA CORTESE SECTION OF LEISURE WORLD. UPDATED KITCHEN AND BATHS. POCKET DOOR ADDED TO MASTER SUITE FOR EASE OF ACCESS. SECURE STORAGE SPACE. LOCATED CLOSE TO THE RECREATION AMENITIES THE CLUB HOUSE, SHOPPING AND RESTAURANTS. GREAT NEIGHBORS, GREAT VALUE....WON'T LAST!!

Last Agent to Sell the Property

Jim Reid

Long & Foster Real Estate, Inc. Listed on: 06/21/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Douglas Brasse

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 1995

Lot Details

  • Property is in very good condition

HOA Fees

  • $557 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,158 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Garden Views
  • Security Gate

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303096548
  • $167 Front Foot Fee per year

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, common area maintenance, exterior building maintenance, lawn maintenance, management, insurance, reserve funds, road maintenance, sewer, snow removal, trash, security gate, water
  • Low-Rise Condominium
  • Leisure World
  • Villa Cortese Community
  • The community has rules related to renting
  • Community Lake

Amenities

  • Transportation Service
  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • Elevator

Recreation

  • Golf Club
  • Golf Course Membership Available
  • Bowling Alley
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Pool Membership Available

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,182

Year Built

Built in 1995

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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Stove, Oven/Range - Electric, Washer, Microwave
  • Interior Amenities: Dining Area, Kitchen - Table Space, Master Bath(s), Window Treatments, Elevator, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Sun/Florida Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1158
  • Living Area Sq Ft: 1158
  • Price Per Sq Ft: 162.35
  • Above Grade Finished Sq Ft: 1158
  • 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
  • Construction Materials: Brick
  • Construction Completed: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements
  • Type Of Parking: Off Street

Utilities

  • Refuse: 16.73
  • 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: Electric
  • Security: Fire Detection System, Main Entrance Lock, Security Gate, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 557.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bowling Alley, Club House, Common Grounds, Community Center, Elevator, Exercise Room, Gated Community, Golf Club, Golf Course Membership Available, Lake, Library, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Picnic Area, Pool Mem Avail, Retirement Community, Transportation Service, Tennis Courts, Security
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Security Gate, Water
  • HOA Condo Co-Op Rules: Adult Living Community, Pets - Allowed, Pets - Size Restrict, Renting, Restrictions
  • HOA: No
  • Community Pool Features: Indoor

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 108500.00
  • Land Assessed Value: 46500.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14066550
  • Tax Annual Amount: 2182.49
  • Assessor Parcel Number: 161303096548
  • Tax Total Finished Sq Ft: 1158
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 03/27/2014

Multi Family

  • Front Foot Fee: 166.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2013
Closed on
Mar 26, 2014
Sold by
Leone Fred C and Leone Peter Edward
Bought by
Greenhow Gayle
Seller's Agent
Jim Reid
Long & Foster Real Estate, Inc.
Buyer's Agent
Douglas Brasse
Weichert, REALTORS
List Price
$275,000
Sold Price
$185,000
Premium/Discount to List
-$90,000
-32.73%
Total Days on Market
235
Current Estimated Value
$292,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,349
Avg. Annual Appreciation
4.17%
Original Mortgage
$138,750
Outstanding Balance
$107,117
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$185,232

Purchase Details

Closed on
May 16, 2005
Sold by
Newton Robert E and Newton Geraldine G
Bought by
Leone Fred C

Purchase Details

Closed on
Nov 7, 2002
Sold by
Houston Robert J
Bought by
Newton Robert E and Newton Geraldine G

Purchase Details

Closed on
May 20, 1998
Sold by
Salkeld Evelyn F
Bought by
Houston Robert J

Purchase Details

Closed on
May 24, 1995
Sold by
Rossmoor Idi Villa Cortese Lp
Bought by
Salkeld Evelyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.33%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $185,000 First American Title Ins Co
Deed $320,000 --
Deed $320,000 --
Deed $220,000 --
Deed $185,000 --
Deed $189,685 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,750 New Conventional
Previous Owner $95,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Rented $2,100 0.0% --
09/04/2024 09/04/24 Price Changed $2,100 +2.4% $2 / Sq Ft
09/03/2024 09/03/24 Under Contract -- -- --
08/26/2024 08/26/24 For Rent $2,050 0.0% --
08/16/2024 08/16/24 Under Contract -- -- --
08/09/2024 08/09/24 For Rent $2,050 0.0% --
08/06/2024 08/06/24 Off Market $2,050 -- --
07/16/2024 07/16/24 Price Changed $2,050 0.0% $2 / Sq Ft
03/27/2014 03/27/14 Sold $185,000 -1.6% $160 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
01/20/2014 01/20/14 Price Changed $188,000 -5.1% $162 / Sq Ft
12/11/2013 12/11/13 Price Changed $198,000 -5.3% $171 / Sq Ft
11/06/2013 11/06/13 Price Changed $209,000 -7.1% $180 / Sq Ft
09/28/2013 09/28/13 Price Changed $225,000 -10.0% $194 / Sq Ft
08/22/2013 08/22/13 Price Changed $250,000 -9.1% $216 / Sq Ft
06/21/2013 06/21/13 For Sale $275,000 -- $237 / 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
2024 $2,961 $250,000 $75,000 $175,000
2023 $2,766 $233,333 $0 $0
2022 $1,746 $216,667 $0 $0
2021 $0 $200,000 $60,000 $140,000
2020 $2,138 $188,333 $0 $0
2019 $2,007 $176,667 $0 $0
2018 $1,881 $165,000 $49,500 $115,500
2017 $728 $161,667 $0 $0
2016 $1,402 $158,333 $0 $0
2015 $1,402 $155,000 $0 $0
2014 $1,402 $155,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003583226

Bright MLS

APN: 13-03096548