NOT LISTED FOR SALE

Leisure World 15000 Pennfield Cir Unit T-3 Silver Spring, MD 20906

Estimated Value: $178,000 - $182,457

1 Bed
1 Bath
716 Sq Ft
$506/mo HOA Fee

Last Sold April 29, 2020

Last sale price $129,900 $181 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,633/month

Highlights

  • Fitness Center
  • Active Adult
  • Contemporary Architecture
  • Newly Remodeled
  • Gated Community
  • Guest Suites

About This Home

As of April 2020

This is the last new unit available for sale in Villa Cortese - building V. It is a one bedroom/one bath terrace level unit available for immediate delivery.

Last Agent to Sell the Property

Andria Garbis

agarbis@mcwilliamsballard.com McWilliams/Ballard Inc. Listed on: 02/21/2020

Last Buyer's Agent

Carolyn Simpkins

(240) 602-6280 simpkins4homes@gmail.com Weichert, REALTORS License #659339

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 436

HOA Fees

  • $506 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Composite Building Materials

Interior Spaces

  • 716 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303732416

Community Details

Overview

  • Active Adult
  • Association fees include common area maintenance, cable TV, exterior building maintenance, health club, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, security gate, trash
  • Active Adult | Residents must be 55 or older
  • Mid-Rise Condominium
  • Villa Cortez Cod Community
  • Leisure World Subdivision

Amenities

  • Community Center
  • Meeting Room
  • Community Dining Room
  • Guest Suites
  • Community Storage Space

Recreation

  • Golf Course Membership Available
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,951

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$506 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2013
  • Remarks Public: This is the last new unit available for sale in Villa Cortese - building V. It is a one bedroom/one bath terrace level unit available for immediate delivery.
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 716
  • Living Area Sq Ft: 716
  • Price Per Sq Ft: 181.42
  • Above Grade Finished Sq Ft: 716
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15000

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Composition, Concrete
  • Construction Completed: Yes
  • 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: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 506.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Cable, Community Center, Dining Rooms, Elevator, Exercise Room, Fitness Center, Gated Community, Golf Course Membership Available, Guest Suites, Meeting Room, Pool - Outdoor, Retirement Community, Storage Bin
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Cable Tv, Ext Bldg Maint, Health Club, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Security Gate, Trash
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

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: 122500.00
  • Land Assessed Value: 52500.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14120798
  • Tax Annual Amount: 1951.00
  • Assessor Parcel Number: 161303732416
  • Tax Total Finished Sq Ft: 716
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/29/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 30, 2020
Sold by
Villas Of Leisure Llc
Bought by
Shah Umit N and Shah Sonal U
Seller's Agent
Andria Garbis
McWilliams/Ballard Inc.
Buyer's Agent
Carolyn Simpkins
Weichert, REALTORS
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$180,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,714
Avg. Annual Appreciation
6.23%
Original Mortgage
$90,930
Outstanding Balance
$80,577
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$100,037
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
Shah Umit N $129,900 Main Street Settlements Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Umit N $90,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2020 04/29/20 Sold $129,900 0.0% $181 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $129,900 -- $181 / 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 $2,040 $173,333 -- --
2024 $2,040 $170,000 $51,000 $119,000
2023 $2,574 $156,667 $0 $0
2022 $964 $143,333 $0 $0
2021 $402 $130,000 $39,000 $91,000
2020 $1,952 $173,333 $0 $0
2019 $1,952 $171,667 $0 $0
2018 $1,878 $170,000 $30,000 $140,000
2017 $1,783 $160,000 $0 $0
2016 -- $150,000 $0 $0
2015 -- $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC696876

Bright MLS

APN: 13-03732416