NOT LISTED FOR SALE

Leisure World 14805 Pennfield Cir Unit 407 Silver Spring, MD 20906

Estimated Value: $286,000 - $348,000

2 Beds
2 Baths
1,152 Sq Ft
$802/mo HOA Fee

Last Sold July 13, 2022

Last sale price $320,000 $278 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,735/month

Highlights

  • Golf Course Community
  • Fitness Center
  • Active Adult
  • Bar or Lounge
  • Transportation Service
  • Gated Community

About This Home

As of July 2022

Come tour this "C" model condo with two generous sized bedrooms, two baths, an eat in kitchen with new stainless appliances, a light filled sunroom, and loads of storage in the welcoming Villa Cortese location.

This condo has white cabinetry, a good sized owners suite with walk in closet and dressing area and a second bedroom with its own private bath., two additional large storage closets and a full sized stackable washer and dryer. Additional storage in the lower level of the building.

A separate, under cover garage space is included. Walk to shopping, the clubhouse, the restaurants and other amenities. Leisure World is an active senior living community and a gem in Montgomery County. Enjoy over 80 clubs and organizations, an indoor and outdoor pool, fitness center, clubhouses, on property transportation and restaurant options.

Last Agent to Sell the Property

Ellen Coleman

(301) 538-4049 ellencoleman@remax.net RE/MAX Realty Centre, Inc. Listed on: 05/13/2022

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Matene Okoye

(240) 522-9075 matenerichards@gmail.com Sold 100 Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 1995

Lot Details

  • 1,830

HOA Fees

  • $802 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Carpet

Kitchen

  • Built-In Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heating Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303110891

Community Details

Overview

  • Active Adult
  • $3 Capital Contribution Fee
  • Association fees include bus service, cable TV, common area maintenance, exterior building maintenance, insurance, management, parking fee, pool(s), recreation facility, reserve funds, security gate, snow removal, trash, water
  • Active Adult | Residents must be 55 or older
  • Villa Cortese Management HOA, Phone Number (301) 598-1335
  • Low-Rise Condominium
  • Leisure World Subdivision
  • Property Manager

Amenities

  • Transportation Service
  • Picnic Area
  • Common Area
  • Bank or Banking On-Site
  • Beauty Salon
  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Center
  • Party Room
  • Community Dining Room
  • Community Library
  • Bar or Lounge

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Indoor Pool
  • Putting Green
  • Jogging Path

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,434

Year Built

Built in 1995

Lot Details

0

HOA Fees

$802 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: Come tour this "C" model condo with two generous sized bedrooms, two baths, an eat in kitchen with new stainless appliances, a light filled sunroom, and loads of storage in the welcoming Villa Cortese location. This condo has white cabinetry, a good sized owners suite with walk in closet and dressing area and a second bedroom with its own private bath., two additional large storage closets and a full sized stackable washer and dryer. Additional storage in the lower level of the building. A separate, under cover garage space is included. Walk to shopping, the clubhouse, the restaurants and other amenities. Leisure World is an active senior living community and a gem in Montgomery County. Enjoy over 80 clubs and organizations, an indoor and outdoor pool, fitness center, clubhouses, on property transportation and restaurant options.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Open, Walk-In Closet(s)
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Kitchen, Sun/Florida Room
  • Basement: No
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 277.78
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14805

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: Combination
  • 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: Covered Parking, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 802.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Bar/Lounge, Beauty Salon, Billiard Room, Club House, Common Grounds, Community Center, Dining Rooms, Exercise Room, Fitness Center, Game Room, Gated Community, Golf Course, Golf Course Membership Available, Jog/Walk Path, Library, Party Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Putting Green, Reserved/Assigned Parking, Retirement Community, Security, Shuffleboard, Tennis Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: Bus Service, Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Security Gate, Snow Removal, Trash, Water
  • HOA Name: VILLA CORTESE MANAGEMENT
  • HOA Phone: 301-598-1335
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

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

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: 185500.00
  • Land Assessed Value: 79500.00
  • Land Use Code: U
  • Year Assessed: 2022
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14066607
  • Tax Annual Amount: 2434.00
  • Assessor Parcel Number: 161303110891
  • Tax Total Finished Sq Ft: 1152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/13/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 13, 2022
Sold by
Masnyk Ihor J
Bought by
Wilson Larry
Seller's Agent
Ellen Coleman
RE/MAX Realty Centre, Inc.
Buyer's Agent
Matene Okoye
Sold 100 Real Estate, Inc.
List Price
$319,999
Sold Price
$320,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$316,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,707
Avg. Annual Appreciation
-0.36%
Original Mortgage
$314,204
Outstanding Balance
$299,340
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$16,953

Purchase Details

Closed on
Oct 6, 2021
Sold by
Masnyk Taras and Masnyk Ihor J
Bought by
Ihor J Masnyk Revocable Living Trust

Purchase Details

Closed on
Jun 8, 2010
Sold by
Hardesty Phoebe M
Bought by
Masnyk Ihor J

Purchase Details

Closed on
Jan 11, 2010
Sold by
Mote Evelyn A
Bought by
Hardesty Phoebe M

Purchase Details

Closed on
Oct 30, 1995
Sold by
Rossmoor Idi Villa Cortese Lp
Bought by
Mote Lynn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.6%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilson Larry $320,000 Gpn Title
Ihor J Masnyk Revocable Living Trust -- None Available
Masnyk Ihor J $180,000 --
Hardesty Phoebe M -- --
Mote Lynn E $204,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Larry $314,204
Closed Wilson Larry $314,204
Previous Owner Mote Lynn E $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $320,000 0.0% $278 / Sq Ft
05/13/2022 05/13/22 For Sale $319,999 -- $278 / 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 $3,134 $275,000 -- --
2024 $3,134 $265,000 $79,500 $185,500
2023 $2,246 $248,333 $0 $0
2022 $2,630 $231,667 $0 $0
2021 $1,742 $215,000 $64,500 $150,500
2020 $3,223 $203,333 $0 $0
2019 $1,480 $191,667 $0 $0
2018 $1,538 $180,000 $54,000 $126,000
2017 $1,538 $176,667 $0 $0
2016 $1,579 $173,333 $0 $0
2015 $1,579 $170,000 $0 $0
2014 $1,579 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2050536

Bright MLS

APN: 13-03110891