NOT LISTED FOR SALE

14801 Pennfield Cir Unit 408 Silver Spring, MD 20906

Estimated Value: $219,000 - $243,000

1 Bed
1.5 Baths
945 Sq Ft
$615/mo HOA Fee

Last Sold September 18, 2020

Last sale price $185,000 $196 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,996/month

Highlights

  • Golf Course Community
  • Transportation Service
  • Active Adult
  • Fitness Center
  • Penthouse
  • Gated Community

About This Home

As of September 2020

The living is easy at Villa Cortese. Top floor 1 bedroom 1 1/2 bath. In tip top shape and move in ready. The living is easy here. Clubhouse across the street, walk to the shopping center for groceries or a meal. It couldn't be easier. One garage parking space. Photos will be up in a couple of days.

Last Agent to Sell the Property

Jean Pagan-Bullock

(301) 908-6767 hjpbullock@gmail.com Long & Foster Real Estate, Inc. License #92673 Listed on: 08/04/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Marguerite Rollings

(240) 388-1211 marguerite.rollings@exprealty.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1995

Lot Details

  • Property is in very good condition

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Garage Door Opener

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 4th floor
  • Stucco

Interior Spaces

  • 945 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Security Gate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303096550

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, reserve funds, security gate, sewer, snow removal, trash, water
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Villa Cortese Condo Assoc Condos, Phone Number (301) 598-1335
  • Villa Cortez Cod Community
  • Villa Cortese Subdivision

Amenities

  • Transportation Service
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • Community Storage Space

Recreation

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

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,694

Year Built

Built in 1995

Lot Details

0

HOA Fees

$615 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 48"+ Halls, Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-06
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: The living is easy at Villa Cortese. Top floor 1 bedroom 1 1/2 bath. In tip top shape and move in ready. The living is easy here. Clubhouse across the street, walk to the shopping center for groceries or a meal. It couldn't be easier. One garage parking space. Photos will be up in a couple of days.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 945
  • Living Area Sq Ft: 945
  • Price Per Sq Ft: 200.00
  • Above Grade Finished Sq Ft: 945
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14801

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Sprinkler System - Indoor, Smoke Detector, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 615.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Villa Cortese Condo Assoc
  • Condo Co-Op Phone: 301-598-1335
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community, Golf Course, Golf Course Membership Available, Jog/Walk Path, Library, Meeting Room, Party Room, Pool - Outdoor, Security, Storage Bin, Swimming Pool, Tennis Courts, Transportation Service, Cable
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

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

  • Improvement Assessed Value: 115500.00
  • Land Assessed Value: 49500.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14066551
  • Tax Annual Amount: 1694.00
  • Assessor Parcel Number: 161303096550
  • Tax Total Finished Sq Ft: 945
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/18/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Halvorson Betty L
Bought by
Ritchie Dana M and Halvorson Betty L
Current Estimated Value
$226,599

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 18, 2020
Sold by
Adams Belinda R
Bought by
Halvorson Betty Lou
Seller's Agent
Jean Pagan-Bullock
Long & Foster Real Estate, Inc.
Buyer's Agent
Marguerite Rollings
EXP Realty, LLC
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 17, 2018
Sold by
Kitchen Mary Lou
Bought by
Adams Belinda R
Seller's Agent
Mark Smith
RE/MAX Realty Group
Buyer's Agent
Jean Pagan-Bullock
Long & Foster Real Estate, Inc.
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 31, 2016
Sold by
Olsavsky Dorothy B
Bought by
Kitchen Mary Lou
Seller's Agent
Sharon Ledbetter
Weichert, REALTORS
Buyer's Agent
Julie Robinson
RE/MAX Realty Group
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$128,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2008
Sold by
Olsavsky Dorothy B
Bought by
Olsavsky Dorothy B

Purchase Details

Closed on
Dec 10, 2007
Sold by
Olsavsky Dorothy B
Bought by
Olsavsky Dorothy B

Purchase Details

Closed on
Apr 5, 2002
Sold by
Morgan Daniel G
Bought by
Olsavsky Dorothy B

Purchase Details

Closed on
Dec 23, 1996
Sold by
Morgan Daniel G
Bought by
Morgan Daniel G

Purchase Details

Closed on
May 5, 1995
Sold by
Rossmoor Idi Villa Cortese Lp
Bought by
Morgan Daniel G
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
Ritchie Dana M -- Accommodation
Halvorson Betty Lou $185,000 Main Street Settlements Inc
Adams Belinda R $175,000 Rgs Title Llc
Kitchen Mary Lou $160,000 First American Title Ins Co
Olsavsky Dorothy B -- --
Olsavsky Dorothy B -- --
Olsavsky Dorothy B $163,000 --
Morgan Daniel G $36,984 --
Morgan Daniel G $167,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitchen Mary Lou $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $185,000 -2.1% $196 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $189,000 -3.1% $200 / Sq Ft
08/04/2020 08/04/20 For Sale $195,000 +11.4% $206 / Sq Ft
10/17/2018 10/17/18 Sold $175,000 -2.7% $185 / Sq Ft View Prior Sale
09/10/2018 09/10/18 For Sale $179,900 0.0% $190 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $179,900 +12.4% $190 / Sq Ft
05/31/2016 05/31/16 Sold $160,000 -3.0% $169 / Sq Ft View Prior Sale
04/20/2016 04/20/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $165,000 -- $175 / 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 $2,155 $191,667 -- --
2024 $2,155 $180,000 $54,000 $126,000
2023 $1,401 $175,000 $0 $0
2022 $1,258 $170,000 $0 $0
2021 $2,193 $165,000 $49,500 $115,500
2020 $2,193 $156,667 $0 $0
2019 $2,004 $148,333 $0 $0
2018 $1,547 $140,000 $42,000 $98,000
2017 $1,100 $138,333 $0 $0
2016 -- $136,667 $0 $0
2015 $1,241 $135,000 $0 $0
2014 $1,241 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jean Pagan-Bullock

    Seller's Agent in 2020

    Jean Pagan-Bullock

    Long & Foster

    (301) 908-6767

    3 in this area

    66 Total Sales

    Jean Pagan-Bullock
    Section Image
  • Marguerite Rollings

    Buyer's Agent in 2020

    Marguerite Rollings

    EXP Realty, LLC

    (240) 388-1211

    4 in this area

    93 Total Sales

    Marguerite Rollings
    Section Image
  • Mark Smith

    Seller's Agent in 2018

    Mark Smith

    Remax Realty Group

    (301) 580-3921

    1 in this area

    134 Total Sales

    Mark Smith
    Section Image
  • Julie Robinson

    Seller Co-Listing Agent in 2018

    Julie Robinson

    Remax Realty Group

    (301) 674-8930

    1 in this area

    168 Total Sales

    Julie Robinson
    Section Image
  • Sharon Ledbetter

    Seller's Agent in 2016

    Sharon Ledbetter

    Weichert Corporate

    (240) 498-3424

    7 in this area

    118 Total Sales

    Sharon Ledbetter
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC719220

Bright MLS

APN: 13-03096550

Maryland Montgomery County Silver Spring 20906

14801 Pennfield Cir Unit 408, Silver Spring, MD

This home is located at 14801 Pennfield Cir Unit 408, Silver Spring, MD 20906 since 04 August 2020 and is currently estimated at $226,599, approximately $239 per square foot. This property was built in 1995. 14801 Pennfield Cir Unit 408 is a home located in Montgomery County with nearby schools including Flower Valley Elementary School, Earle B. Wood Middle School, and Rockville High School.

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