NOT LISTED FOR SALE

Leisure World 15000 Pennfield Cir Unit 303 Silver Spring, MD 20906

Estimated Value: $515,000 - $641,301

2 Beds
2.5 Baths
1,817 Sq Ft
610 Sq Ft Lot

Last Sold August 24, 2023

Last sale price $627,000 $345 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,950/month

109 Days on Market

Highlights

  • Fitness Center
  • Transportation Service
  • Eat-In Gourmet Kitchen
  • 24-Hour Security
  • Active Adult
  • Gated Community

About This Home

As of August 2023

Welcome to the best condo at Leisure World in the newest Villa Cortese Building #5! This sought-after end/corner "S" model unit (only 7 exist in #5) has everything you need after a major renovation in 2014. These original owners only occupied the condo approximately one month a year, so everything is in pristine, "like new" condition. Major renovation upgrades include new appliances, new doors, remodeled sunroom with baseboard heat (use it year round!), new hardwood floors, new kitchen cabinets, three remodeled bathrooms, custom closets, built-ins, space-saving Murphy bed in the second bedroom, and permanent storage cabinets at your assigned parking spot in the attached garage! Enjoy everything Leisure World has to offer in the best condo in the entire complex.

Last Agent to Sell the Property

Patrick Smith

(877) 366-2213 vabrokers@lptrealty.com LPT Realty, LLC Listed on: 04/12/2023

LPT Realty, LLC

Last Buyer's Agent

Ashley Fitzgerald

(301) 656-2500 afitzgerald@weichertrealtors.net Weichert, REALTORS

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,302

Year Built

  • Built in 2013 | Remodeled in 2014

Lot Details

  • 1 Common Wall
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $1,217 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #6
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Parking Lot
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Stucco

Interior Spaces

  • 1,817 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Security Gate

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Water Treatment System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303732633

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, common area maintenance, custodial services maintenance, bus service, high speed internet, lawn maintenance, management, recreation facility, reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
  • Building Winterized
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Villa Cortese At Leisure World Condos
  • Villa Cortese Community
  • Leisure World Subdivision
  • Property Manager

Amenities

  • Transportation Service
  • Common Area
  • Bank or Banking On-Site
  • Clubhouse
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • 2 Elevators

Recreation

  • Golf Course Membership Available
  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,302

Year Built

Built in 2013 | Remodeled in 2014

Lot Details

610 Sq Ft Lot

HOA Fees

$1,217 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
  • Exclusions: The showerheads in the Primary and Second Bathroom will be replaced before settlement with similar fixtures.
  • Historic: No
  • Inclusions: Electric Fireplace in Family/Living Room
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2013
  • Year Renovated: 2014
  • Assigned Parking Space Numbers: 6
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Gourmet, Sprinkler System, Water Treat System, Window Treatments, Wood Floors
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1817
  • Living Area Sq Ft: 1817
  • Price Per Sq Ft: 360.48
  • Above Grade Finished Sq Ft: 1817
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Broadband, Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1217.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Villa Cortese at Leisure World
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Billiard Room, Club House, Common Grounds, Community Center, Elevator, Fitness Center, Gated Community, Golf Course Membership Available, Library, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Security, Tennis Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Bus Service, High Speed Internet, Lawn Maintenance, Management, Recreation Facility, Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: FLOWER VALLEY
  • High School: ROCKVILLE
  • Middle Or Junior School: EARLE B. WOOD

Lot Info

  • Horses: No
  • Property Condition: Excellent
  • Zoning: 00
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 7302.00
  • Assessor Parcel Number: 161303732633
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Aug 21, 2023
Sold by
Charles R Smith Living Trust and Carol V Smith Living Trust
Bought by
Schaffer Steven S and Schaffer Susan S
Seller's Agent
Patrick Smith
LPT Realty, LLC
Buyer's Agent
Ashley Fitzgerald
Weichert, REALTORS
List Price
$655,000
Sold Price
$627,000
Premium/Discount to List
-$28,000
-4.27%
Views
501
Current Estimated Value
$589,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,925
Avg. Annual Appreciation
-2.39%
Original Mortgage
$410,000
Outstanding Balance
$400,813
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$188,262

Purchase Details

Closed on
Apr 1, 2014
Sold by
Villas Of Leisure Llc
Bought by
Smith Charles R
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Schaffer Steven S $627,000 None Listed On Document
Schaffer Steven S $627,000 None Listed On Document
Smith Charles R $659,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Steven S $410,000
Closed Schaffer Steven S $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $627,000 -4.3% $345 / Sq Ft
04/12/2023 04/12/23 For Sale $655,000 -- $360 / Sq Ft
Source: Bright MLS

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 $7,623 $610,000 $183,000 $427,000
2024 $7,623 $655,000 $196,500 $458,500
2023 $8,316 $655,000 $196,500 $458,500
2022 $5,279 $655,000 $196,500 $458,500
2021 $6,758 $670,000 $201,000 $469,000
2020 $929 $665,000 $0 $0
2019 $1,450 $660,000 $0 $0
2018 $6,602 $655,000 $196,500 $458,500
2017 $6,899 $655,000 $0 $0
2016 -- $655,000 $0 $0
2015 -- $655,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2088856

Bright MLS

APN: 13-03732633

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