NOT LISTED FOR SALE

1502 Gridley Ln Silver Spring, MD 20902

Estimated Value: $612,000 - $746,000

4 Beds
3 Baths
1,984 Sq Ft
$338/Sq Ft Est. Value

Last Sold June 25, 2015

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

Est. 33% increase in value since last sale

Current estimated payment $4,170/month

14 Days on Market

Highlights

  • Open Floorplan
  • Property is near 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

(703) 310-6111 John.Stacey@compass.com Compass License #SP98370983 Listed on: 05/14/2015

Compass

Last Buyer's Agent

Brian Lumpkin

(301) 652-0643 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 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 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
  • 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

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

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

  • 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
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4196.37
  • Assessor Parcel Number: 161301222942
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

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
$670,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,627
Avg. Annual Appreciation
2.70%
Original Mortgage
$404,800
Outstanding Balance
$314,865
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$355,762

Purchase Details

Closed on
Jul 9, 1997
Sold by
Doris R Cross
Bought by
A Chris M and A Cotone J
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002324137

Bright MLS

APN: 13-01222942