NOT LISTED FOR SALE

14920 Lear Ln Silver Spring, MD 20905

Estimated Value: $644,861 - $735,000

3 Beds
2.5 Baths
2,420 Sq Ft
$283/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $525,000 $217 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,118/month

61 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Cloverly Elementary School Rated A-
  • 2 Car Attached Garage
  • Family Room

About This Home

As of February 2023

Buyers financing fell through, back on the market. This is an estate sale, needs work, mostly cosmetic, reflected in price. Bring your ideas and a tool belt, or your favorite contractors. The home was built in 1981 but has been updated since then. Wonderful community with easy access to necessities. This was a four bedroom home but original owners took one of the bedrooms next to the primary to increase dressing area. Could be easily converted. Pictures forthcoming.

Last Agent to Sell the Property

Stephen Finckel

(443) 799-3262 sfinckel@verizon.net Cummings & Co. Realtors License #58049 Listed on: 11/19/2022

Cummings & Co. Realtors

Last Buyer's Agent

Gebregziabher Abay

(240) 281-6489 abayg2014@gmail.com HomeSmart

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,724

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • Property is in below average condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Cloverly Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Peachwood Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 160501899018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,724

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: gas stove, refrigerator, microwave, dishwasher
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Family Room, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3608
  • Living Area Sq Ft: 2420
  • Price Per Sq Ft: 216.94
  • Above Grade Finished Sq Ft: 2420
  • Below Grade Sq Ft: 1188
  • Total Below Grade Sq Ft: 1188
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry, Basement Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 74.00
  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14462.00
  • Property Condition: Below Average
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5724.00
  • Assessor Parcel Number: 160501899018
  • Tax Lot: 46
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Feb 3, 2023
Sold by
Sullivan Terry K
Bought by
Abay Gebregziabher Asefa and Abbagobez Zebib T
Seller's Agent
Stephen Finckel
Cummings & Co. Realtors
Buyer's Agent
Gebregziabher Abay
HomeSmart
List Price
$525,000
Sold Price
$525,000
Views
30
Current Estimated Value
$683,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,715
Avg. Annual Appreciation
9.50%
Original Mortgage
$498,750
Outstanding Balance
$483,520
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$200,195

Purchase Details

Closed on
Jul 11, 1988
Bought by
Probka Walter J and M L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Abay Gebregziabher Asefa $525,000 Quantum Title
Abay Gebregziabher Asefa $525,000 Quantum Title
Probka Walter J $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abay Gebregziabher Asefa $498,750
Closed Abay Gebregziabher Asefa $498,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2023 02/07/23 Sold $525,000 0.0% $217 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $525,000 0.0% $217 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $525,000 0.0% $217 / Sq Ft
11/19/2022 11/19/22 Off Market $525,000 -- --
11/19/2022 11/19/22 For Sale $525,000 -- $217 / 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 $6,562 $564,533 -- --
2024 $6,562 $531,167 $0 $0
2023 $6,847 $497,800 $251,300 $246,500
2022 $5,032 $481,767 $0 $0
2021 $4,600 $465,733 $0 $0
2020 $4,600 $449,700 $251,300 $198,400
2019 $4,511 $443,033 $0 $0
2018 $4,438 $436,367 $0 $0
2017 $4,451 $429,700 $0 $0
2016 -- $400,200 $0 $0
2015 $4,649 $370,700 $0 $0
2014 $4,649 $341,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2076324

Bright MLS

APN: 05-01899018