NOT LISTED FOR SALE

1502 Gridley Ln Silver Spring, MD 20902

Estimated Value: $668,146 - $782,000

4 Beds
3 Baths
1,984 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $506,000 $255 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,348/month

14 Days on Market

Highlights

  • Open Floorplan
  • Property is near a park
  • Vaulted Ceiling
  • Cape Cod Architecture
  • Private Lot
  • Backs to Trees or Woods

About This Home

As of June 2015

Updted cape cod w/ lght filled opn flr pln. Main LvL BR, hrdwoods on main LvL, & spacious lving rm w/wd brning FP, cstom trim wrk, blt-in bookcase & opns 2 re-designed KIT w/ grnte cntrtops, glass& grnte mosaic tile bcksplsh,& all new S.S. Whirlpool appl s. 12X12 wd strage shed, 2car attchd grge w/ wrkshop, & lg cstm cobble paver rear patio. Fully fencd prvte rear yrd. <1mile 2 Forest Glenn Metro

Last Agent to Sell the Property

John Stacey

(571) 334-0073 John.Stacey@compass.com Compass License #SP98370983 Listed on: 05/14/2015

Compass

Last Buyer's Agent

Brian Lumpkin

(301) 520-5818 brian.w.lumpkin@gmail.com RLAH @properties

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,196

Year Built

  • Built in 1951

Lot Details

  • 5,400 Sq Ft Lot
  • Property is Fully Fenced
  • Private Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Screen For Fireplace
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Connecting Stairway

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • Glen Haven Elementary School
  • Sligo Middle School
  • Northwood High School

Utilities

  • Humidifier
  • 90% Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Chestnut Ridge Manor Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 161301222942

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,196

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1951
  • Remarks Public: Updted cape cod w/ lght filled opn flr pln. Main LvL BR, hrdwoods on main LvL, & spacious lving rm w/wd brning FP, cstom trim wrk, blt-in bookcase & opns 2 re-designed KIT w/ grnte cntrtops, glass& grnte mosaic tile bcksplsh,& all new S.S. Whirlpool appl s. 12X12 wd strage shed, 2car attchd grge w/ wrkshop, & lg cstm cobble paver rear patio. Fully fencd prvte rear yrd. <1mile 2 Forest Glenn Metro
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Efficient Appliances, Dryer - Front Loading, Washer, Range Hood, Oven/Range - Gas, Exhaust Fan, Freezer, Humidifier, Refrigerator, Icemaker
  • Interior Amenities: Family Room Off Kitchen, Dining Area, Built-Ins, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Wainscotting, Wood Floors, Chair Railings, Window Treatments, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Screens, Skylights, Casement, Insulated
  • Fireplace Features: Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Den, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Fully Finished, Connecting Stairway
  • Living Area Units: Square Feet
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1984
  • Price Per Sq Ft: 315.03
  • Above Grade Finished Sq Ft: 1584
  • Below Grade Finished Sq Ft: 400
  • Total Below Grade Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1502

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Zoned, Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned, Humidifier, 90% Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GLEN HAVEN
  • Middle School: SLIGO
  • High School: NORTHWOOD
  • School District Key: 121138126809
  • Elementary School: GLEN HAVEN
  • High School: NORTHWOOD
  • Middle Or Junior School: SLIGO

Lot Info

  • Fencing: Fully
  • Lot Features: Private, Backs To Trees, Backs - Parkland
  • Lot Size Acres: 0.12
  • Lot Size Area: 5400
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5400.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4196.37
  • Assessor Parcel Number: 161301222942
  • Tax Lot: 13
  • Tax Total Finished Sq Ft: 1584
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/25/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 25, 2015
Sold by
Cotone Chris M and Cotone Janie A
Bought by
Lynch Catherine J and Lynch Eugene J
Seller's Agent
John Stacey
Compass
Buyer's Agent
Brian Lumpkin
RLAH @properties
List Price
$499,000
Sold Price
$506,000
Premium/Discount to List
$7,000
1.4%
Current Estimated Value
$704,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,787
Avg. Annual Appreciation
3.27%
Original Mortgage
$404,800
Outstanding Balance
$314,865
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$389,922

Purchase Details

Closed on
Jul 9, 1997
Sold by
Doris R Cross
Bought by
A Chris M and A Cotone J
Source: Public Records

Range of Values:

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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
Lynch Catherine J $506,000 Monarch Title Inc
A Chris M $68,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Catherine J $404,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2015 06/25/15 Sold $506,000 +1.4% $255 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $499,000 -- $252 / 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 $7,333 $611,600 $176,500 $435,100
2024 $7,333 $573,467 $0 $0
2023 $6,179 $535,333 $0 $0
2022 $5,448 $497,200 $176,500 $320,700
2021 $2,522 $483,467 $0 $0
2020 $2,522 $469,733 $0 $0
2019 $4,737 $456,000 $176,500 $279,500
2018 $4,267 $415,467 $0 $0
2017 $3,923 $374,933 $0 $0
2016 -- $334,400 $0 $0
2015 $3,324 $334,133 $0 $0
2014 $3,324 $333,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Stacey

    Seller's Agent in 2015

    John Stacey

    Compass

    (571) 334-0073

    76 Total Sales

    John Stacey
    Section Image
  • Brian Lumpkin

    Buyer's Agent in 2015

    Brian Lumpkin

    Real Living at Home

    (301) 520-5818

    2 in this area

    68 Total Sales

    Brian Lumpkin
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002324137

Bright MLS

APN: 13-01222942

Maryland Montgomery County Silver Spring 20902

1502 Gridley Ln, Silver Spring, MD

This home is located at 1502 Gridley Ln, Silver Spring, MD 20902 since 14 May 2015 and is currently estimated at $704,787, approximately $355 per square foot. This property was built in 1951. 1502 Gridley Ln is a home located in Montgomery County with nearby schools including Glen Haven Elementary School, Sligo Middle School, and Northwood High School.

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