NOT LISTED FOR SALE

1501 Korth Place Silver Spring, MD 20902

Wheaton Area

Estimated Value: $579,000 - $657,826

5 Beds
3 Baths
1,832 Sq Ft
$340/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2022

Last sale price $545,000 $297 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,882 / mo

9 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Bungalow

About This Home

As of March 2022

Location, location, location, this single family home is located just off University Blvd W and features 5 bedrooms, 3 full bathrooms and 2 kitchens! Nice corner lot. Hurry and see, it won't last long. Please note, there are currently tenants in the home, they will vacate before settlement. The home has hardwood flooring to upper level, Kitchen has space for a kitchen table

Last Agent to Sell the Property

Jeanette Spicer

(240) 737-5000 jeanettespicer@yahoo.com Keller Williams Preferred Properties Listed on: 03/10/2022

Keller Williams Preferred Properties

Last Buyer's Agent

Carlos Espinoza

(410) 533-5486 espinozahomes@gmail.com Jason Mitchell Group License #225197541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1958

Lot Details

  • 10,547 Sq Ft Lot
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Natural lighting in basement

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Parkway Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161301368417

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,705

Year Built

Built in 1958

Lot Details

10,547 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2022-03-10
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 2464
  • Living Area Sq Ft: 1832
  • Price Per Sq Ft: 405.84
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 632
  • Total Below Grade Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full 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: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 177100.00
  • Land Assessed Value: 205400.00
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10547.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14039164
  • Tax Annual Amount: 4705.00
  • Assessor Parcel Number: 161301368417
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 3, 2022
Sold by
Bought by
Seller's Agent
Jeanette Spicer
Keller Williams Preferred Properties
Buyer's Agent
Carlos Espinoza
Jason Mitchell Group
List Price
$500,000
Sold Price
$545,000
Premium/Discount to List
$45,000
9%
Current Estimated Value
$623,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,207
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
0.023%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$545,000 First American Title
-- --
-- --
-- --
$194,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $173,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $545,000 +9.0% $297 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $500,000 -- $273 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,899 $528,200 $205,400 $322,800
2024 $6,253 $479,633 $0 $0
2023 $5,670 $431,067 $0 $0
2022 $4,874 $382,500 $205,400 $177,100
2021 $9,410 $373,100 $0 $0
2020 $8,855 $363,700 $0 $0
2019 $4,428 $354,300 $195,300 $159,000
2018 $3,862 $349,567 $0 $0
2017 $4,380 $344,833 $0 $0
2016 -- $340,100 $0 $0
2015 $4,081 $339,967 $0 $0
2014 $4,081 $339,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeanette Spicer

    Seller's Agent in 2022

    Jeanette Spicer

    Keller Williams Preferred Properties

    (240) 449-7374

    36 Total Sales

    Jeanette Spicer
    Section Image
  • Carlos Espinoza

    Buyer's Agent in 2022

    Carlos Espinoza

    Jason Mitchell Group

    (240) 426-8627

    284 Total Sales

    Carlos Espinoza
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2040674

Bright MLS

APN: 13-01368417

Maryland Montgomery County Silver Spring 20902

1501 Korth Place, Silver Spring, MD

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