$175,000
SOLD OCT 17, 2018

14801 Pennfield Cir Unit 408 Silver Spring, MD 20906

1 Bed
1.5 Baths
945 Sq Ft
$568/mo HOA Fee

Recently Sold

$185 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • Golf Course Community
  • Senior Living
  • Open Floorplan
  • Fitness Center
  • Gated Community
  • Contemporary Architecture

About This Home

As of September 2020

Welcome to this gorgeous 1Bdrm 1.5 Bath top floor condo in excellent move in ready condition in Leisure World 55+ community. Pride of ownership shine like no other! New paint, newer kitchen appliances, enclosed glass sunroom, excellent for the plant lover in you. Spacious Master bedroom & Bath with separate shower and a shower tub combo. Interior bldg storage, covered parking and much more!

Last Agent to Sell the Property

Mark Smith

RE/MAX Realty Group Listed on: 08/15/2018

RE/MAX Realty Group

Co-Listed By

Julie Robinson

RE/MAX Realty Group License #SP40002330

Last Buyer's Agent

Hazel Pagan-Bullock

Long & Foster Real Estate, Inc. License #92673

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1995

Lot Details

  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $568 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Slab Foundation
  • Stucco

Interior Spaces

  • 945 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Parking

  • Parking Space Number Location: #10
  • Covered Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Schools

  • Flower Valley Elementary School
  • Earle B. Wood Middle School
  • Rockville High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303096550
  • $167 Front Foot Fee per year

Community Details

Overview

  • Senior Living
  • Association fees include common area maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, parking fee, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water, security gate
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Villa Cortez Cod Community
  • Villa Cortese Subdivision
  • The community has rules related to covenants, moving in times, parking rules

Amenities

  • Picnic Area
  • Common Area
  • Beauty Salon
  • Community Center
  • Party Room
  • Recreation Room
  • Elevator

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,781

Year Built

Built in 1995

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, 36"+ Wide Halls
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-08-15
  • Year Built: 1995
  • Remarks Public: Welcome to this gorgeous 1Bdrm 1.5 Bath top floor condo in excellent move in ready condition in Leisure World 55+ community. Pride of ownership shine like no other! New paint, newer kitchen appliances, enclosed glass sunroom, excellent for the plant lover in you. Spacious Master bedroom & Bath with separate shower and a shower tub combo. Interior bldg storage, covered parking and much more!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Elevator, Window Treatments, Floor Plan - Open
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Entry Location: Top Floor
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Sun/Florida Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 945
  • Living Area Sq Ft: 945
  • Price Per Sq Ft: 190.37
  • 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
  • Construction Materials: Brick, Stucco
  • Exterior Features: Bump-Outs, Extensive Hardscape
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: #10
  • Garage Features: Covered Parking

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 568.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beauty Salon, Bike Trail, Common Grounds, Community Center, Elevator, Exercise Room, Fitness Center, Gated Community, Golf Course, Golf Course Membership Available, Jog/Walk Path, Party Room, Picnic Area, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Retirement Community, Swimming Pool, Tennis Courts, Security, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Parking Fee, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Moving In Times, Elevator Use, Covenants, Parking, Pets - Allowed
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FLOWER VALLEY
  • Middle School: EARLE B. WOOD
  • High School: ROCKVILLE
  • School District Key: 121138126809
  • Elementary School: FLOWER VALLEY
  • High School: ROCKVILLE
  • Middle Or Junior School: EARLE B. WOOD

Lot Info

  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 42000.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14066551
  • Tax Annual Amount: 1781.24
  • Assessor Parcel Number: 161303096550
  • Tax Total Finished Sq Ft: 945
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/17/2018

Multi Family

  • Front Foot Fee: 166.60

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
21
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
4.33%

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
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
Interfamily Deed Transfer -- Accommodation
Deed $185,000 Main Street Settlements Inc
Deed $175,000 Rgs Title Llc
Deed $160,000 First American Title Ins Co
Deed -- --
Deed -- --
Deed $163,000 --
Deed $36,984 --
Deed $167,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $128,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
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: 1002194104

Bright MLS

APN: 13-03096550