NOT LISTED FOR SALE

1501 Ladd St Silver Spring, MD 20902

Estimated Value: $555,000 - $601,742

4 Beds
3 Baths
1,832 Sq Ft
$315/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $475,000 $259 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,597/month

4 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Laundry Room
  • 1 Fireplace
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Simply lovely, inside and out, you'll feel at home in this 4 bedroom contemporary Ranch. Hardwood floors throughout main level . Large living room with built in shelving, dining room opens to large deck via sliding glass doors. Master bedroom is en-suite. Lower Level includes large family room, bedroom, kitchenette and full bathroom. Newly upgraded electric through entire home. Backyard perfect for entertaining. Next to access path to Sligo Creek Park. 1 mile to Metro , 1.5 miles to Wheaton Regional Park.

Last Agent to Sell the Property

Marci Wasserman

(301) 450-6999 will.wiard@sideinc.com Perennial Real Estate License #SP98377021 Listed on: 08/27/2020

Last Buyer's Agent

Michelle Quinn

(301) 298-1001 michelle.quinn@compass.com Compass License #SP98371418

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,313

Year Built

  • Built in 1956

Lot Details

  • 9,789 Sq Ft Lot
  • Property is zoned R90

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

Utilities

  • Forced Air 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

  • Home warranty included in the sale of the property
  • Tax Lot 2
  • Assessor Parcel Number 161301368760

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,313

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-08-27
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2464
  • Living Area Sq Ft: 1832
  • Price Per Sq Ft: 361.20
  • 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: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • 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: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 167500.00
  • Land Assessed Value: 203300.00
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9789.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14039196
  • Tax Annual Amount: 4313.00
  • Assessor Parcel Number: 161301368760
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 30, 2020
Sold by
Rutins Inta A
Bought by
Munson Daniel Lee and Munson Eunbok Lim
Seller's Agent
Marci Wasserman
Perennial Real Estate
Buyer's Agent
Michelle Quinn
Compass
List Price
$445,000
Sold Price
$475,000
Premium/Discount to List
$30,000
6.74%
Current Estimated Value
$581,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,936
Avg. Annual Appreciation
3.74%
Original Mortgage
$380,000
Outstanding Balance
$337,374
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$240,062
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

Date Buyer Sale Price Title Company
Munson Daniel Lee $475,000 Classic Settlements Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munson Daniel Lee $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $475,000 +6.7% $259 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $445,000 -- $243 / 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 $6,091 $513,000 $203,300 $309,700
2024 $6,091 $465,600 $0 $0
2023 $4,711 $418,200 $0 $0
2022 $4,053 $370,800 $203,300 $167,500
2021 $3,889 $361,867 $0 $0
2020 $7,511 $352,933 $0 $0
2019 $3,622 $344,000 $193,400 $150,600
2018 $3,554 $340,033 $0 $0
2017 $3,596 $336,067 $0 $0
2016 $3,289 $332,100 $0 $0
2015 $3,289 $331,500 $0 $0
2014 $3,289 $330,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marci Wasserman

    Seller's Agent in 2020

    Marci Wasserman

    Perennial Real Estate

    (301) 807-7246

    128 Total Sales

    Marci Wasserman
    Section Image
  • Michelle Quinn

    Buyer's Agent in 2020

    Michelle Quinn

    Compass

    (703) 307-6409

    43 Total Sales

    Michelle Quinn
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC722722

Bright MLS

APN: 13-01368760

Maryland Montgomery County Silver Spring 20902

1501 Ladd St, Silver Spring, MD

Not Listed for Sale

Detached

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