NOT LISTED FOR SALE

14801 Pennfield Cir Unit 408 Silver Spring, MD 20906

Estimated Value: $222,000 - $230,000

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 $2,059/month

20 Days on Market

Highlights

  • Golf Course Community
  • Transportation Service
  • Senior Living
  • 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 Listed By

Hazel Pagan-Bullock

Long & Foster Real Estate, Inc. License #92673 Listed on: 08/04/2020

Long & Foster Real Estate, Inc.

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
  • 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

  • Senior Living
  • 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
  • Senior Community | 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
Total Days on Market
20
Current Estimated Value
$225,764

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
Hazel 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
4.72%

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
Hazel 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

Range of Values:

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Average Value
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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
Previous Owner Olsavsky Doroth B $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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

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Map

Source: Bright MLS

MLS Number: MDMC719220

Bright MLS

APN: 13-03096550