NOT LISTED FOR SALE

Leisure World 15000 Pennfield Cir Unit 412 Silver Spring, MD 20906

Estimated Value: $459,954 - $472,000

2 Beds
2 Baths
1,547 Sq Ft
$1,068/mo HOA Fee

Last Sold June 04, 2024

Last sale price $470,000 $304 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,980/month

44 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Community Lake
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of June 2024

Huge price improvement for this Beautiful, light filled, large two bedrooms, two bathrooms plus den in the newest building in the Villa Cortese community at Leisure World, a gated senior community. This top floor condo is over 1500 square feet and has a huge enclosed balcony overlooking the iconic Leisure World globe and with stunning sunset views. The open floor plan is perfect for entertaining. The Primary suite has a large walk in closet, a secondary closet, en suite bath includes a separate tub and walk-in shower, large sliders open to the balcony. The second bedroom has two closets, large sliders open to the balcony. Stacked washer and dryer are in unit. Den has a huge window and a closet. Additional storage in the basement. Parking in front of building. Community offers shuttle service to the Leisure World Shopping Center. Golf course, tennis courts, walk/jog paths, restaurant, fitness center, indoor and outdoor swimming pools, post office on grounds.

Last Agent to Sell the Property

Colleen Lee

(202) 494-4519 colleen@gerlachrealestate.com RESDI Real Estate, LLC License #597626 Listed on: 03/23/2024

Co-Listed By

Kim Jones

(202) 255-5091 realtorkimjones333@gmail.com RESDI Real Estate, LLC License #0225100673

Last Buyer's Agent

Kelly Virbickas

(202) 549-4447 kelly@kellyvrealestate.com Compass License #0225105771

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,377

Year Built

  • Built in 2013

Lot Details

  • 436

HOA Fees

  • $1,068 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 4th floor
  • Stucco

Interior Spaces

  • 1,547 Sq Ft Home
  • Property has 1 Level
  • Dryer

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303732848

Community Details

Overview

  • Active Adult
  • Association fees include common area maintenance, management, lawn maintenance, pool(s), reserve funds, security gate, water, trash, snow removal
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Villa Cortese Condos
  • Leisure World Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,377

Year Built

Built in 2013

Lot Details

0

HOA Fees

$1,068 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • Inclusions: All as currently installed
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Huge price improvement for this Beautiful, light filled, large two bedrooms, two bathrooms plus den in the newest building in the Villa Cortese community at Leisure World, a gated senior community. This top floor condo is over 1500 square feet and has a huge enclosed balcony overlooking the iconic Leisure World globe and with stunning sunset views. The open floor plan is perfect for entertaining. The Primary suite has a large walk in closet, a secondary closet, en suite bath includes a separate tub and walk-in shower, large sliders open to the balcony. The second bedroom has two closets, large sliders open to the balcony. Stacked washer and dryer are in unit. Den has a huge window and a closet. Additional storage in the basement. Parking in front of building. Community offers shuttle service to the Leisure World Shopping Center. Golf course, tennis courts, walk/jog paths, restaurant, fitness center, indoor and outdoor swimming pools, post office on grounds.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Icemaker, Stainless Steel Appliances, Water Heater
  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1547
  • Living Area Sq Ft: 1547
  • Price Per Sq Ft: 322.88
  • Above Grade Finished Sq Ft: 1547
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15000

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: Concrete, Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1068.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Villa Cortese
  • HOA Condo Co-Op Amenities: Cable, Club House, Common Grounds, Community Center, Elevator, Exercise Room, Extra Storage, Gated Community, Golf Course, Jog/Walk Path, Lake, Meeting Room, Party Room, Pool - Outdoor, Pool - Indoor, Retirement Community, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Lawn Maintenance, Pool(s), Reserve Funds, Security Gate, Water, Trash, Snow Removal
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: 00
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5377.00
  • Assessor Parcel Number: 161303732848
  • Tax Total Finished Sq Ft: 1547
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/04/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jun 4, 2024
Sold by
Veazey Carlton Wadsworth and Veazey Caron
Bought by
Alvarenga Manuel A and Alvarenga Maria N
Seller's Agent
Colleen Lee
RESDI Real Estate, LLC
Buyer's Agent
Kelly Virbickas
Compass
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Views
84
Current Estimated Value
$464,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,261
Avg. Annual Appreciation
-0.83%
Original Mortgage
$115,000
Outstanding Balance
$113,588
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$351,151

Purchase Details

Listed on
Apr 25, 2015
Closed on
Jul 30, 2015
Sold by
Villas Of Leisure Llc
Bought by
Veazey Carlton W and Veazey Jean M
Seller's Agent
Andria Garbis
McWilliams/Ballard Inc.
Buyer's Agent
Colleen Lee
RESDI Real Estate, LLC
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Alvarenga Manuel A $470,000 First American Title
Alvarenga Manuel A $470,000 First American Title
Veazey Carlton W $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarenga Manuel A $115,000
Closed Alvarenga Manuel A $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2024 06/04/24 Sold $470,000 -5.9% $304 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $499,500 -9.2% $323 / Sq Ft
03/23/2024 03/23/24 For Sale $550,000 0.0% $356 / Sq Ft
01/29/2018 01/29/18 Rented $2,200 0.0% --
01/29/2018 01/29/18 Under Contract -- -- --
01/29/2018 01/29/18 For Rent $2,200 -26.7% --
04/10/2017 04/10/17 Rented $3,000 +20.0% --
04/10/2017 04/10/17 Under Contract -- -- --
03/13/2017 03/13/17 For Rent $2,500 0.0% --
07/30/2015 07/30/15 Sold $475,000 0.0% $309 / Sq Ft View Prior Sale
07/09/2015 07/09/15 Price Changed $475,000 +2.2% $309 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $465,000 -- $302 / 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 $5,379 $445,000 $133,500 $311,500
2024 $5,379 $460,000 $138,000 $322,000
2023 $5,377 $460,000 $138,000 $322,000
2022 $3,708 $460,000 $138,000 $322,000
2021 $5,245 $470,000 $141,000 $329,000
2020 $5,208 $466,667 $0 $0
2019 $5,168 $463,333 $0 $0
2018 $5,082 $460,000 $138,000 $322,000
2017 $434 $460,000 $0 $0
2016 -- $460,000 $0 $0
2015 -- $460,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2123920

Bright MLS

APN: 13-03732848