NOT LISTED FOR SALE

1503 Paula Dr Silver Spring, MD 20903

Oakview Neighborhood

Estimated Value: $383,000 - $530,867

5 Beds
2 Baths
1,066 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $245,000 $230 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,036/month

37 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Shed
  • Roscoe R. Nix Elementary School Rated A-
  • No HOA
  • Central Air

About This Home

As of October 2014

Updated spacious home in Oakview with fireplace, hardwood floors and ceramic tile.Fully fenced backyard with huge shed. Home is less than two minute drive to 495 exit and close to bus stops and shops. Prior water leak in basement. Possible Mold. Show during the day. No electricity.

Last Agent to Sell the Property

Winston Brown

Brown Real Estate/Management Group, LLC Listed on: 11/11/2013

Last Buyer's Agent

Albert Gomez

Smart Realty, LLC

Smart Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 1951

Lot Details

  • 6,300 Sq Ft Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160500296844

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,054

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1951
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 54000.00
  • Land Assessed Value: 175200.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6300
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6300.00
  • Year Assessed: 2014
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13837521
  • Tax Annual Amount: 3053.89
  • Assessor Parcel Number: 160500296844
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1066
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 10/27/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2013
Closed on
Oct 27, 2014
Sold by
Brown Valerie and Brown Winston
Bought by
Palma Pinto R and Rozario Shilpi G
Seller's Agent
Winston Brown
Brown Real Estate/Management Group, LLC
Buyer's Agent
Albert Gomez
Smart Realty, LLC
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$479,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,967
Avg. Annual Appreciation
6.38%
Original Mortgage
$274,636
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2005
Sold by
Rodricks Jewel and Rodricks Totul
Bought by
Brown Valerie and Brown Wiston

Purchase Details

Closed on
Dec 9, 2004
Sold by
Hope Clarence B
Bought by
Rodricks Jewel
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
Palma Pinto R $245,000 Fatico
Brown Valerie $375,000 --
Rodricks Jewel $323,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palma Pinto R $105,600
Open Palma Pinto R $354,090
Closed Palma Pinto R $271,485
Closed Palma Pinto R $274,636
Previous Owner Brown Valerie $340,000
Previous Owner Brown Valerie $63,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $245,000 0.0% $230 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
12/16/2013 12/16/13 Off Market $245,000 -- --
11/11/2013 11/11/13 For Sale $265,000 -- $249 / 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 $5,051 $394,833 -- --
2024 $5,051 $375,267 $0 $0
2023 $5,493 $355,700 $200,500 $155,200
2022 $3,742 $342,567 $0 $0
2021 $3,351 $329,433 $0 $0
2020 $3,351 $316,300 $200,500 $115,800
2019 $3,317 $316,300 $200,500 $115,800
2018 $3,291 $316,300 $200,500 $115,800
2017 $3,523 $332,300 $0 $0
2016 $4,380 $297,933 $0 $0
2015 $4,380 $263,567 $0 $0
2014 $4,380 $229,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Winston Brown

    Seller's Agent in 2014

    Winston Brown

    Brown Real Estate/Management Group, LLC

    (301) 933-6001

    5 Total Sales

    Winston Brown
    Section Image
  • Albert Gomez

    Buyer's Agent in 2014

    Albert Gomez

    Smart Realty, LLC

    (240) 620-3357

    14 in this area

    115 Total Sales

    Albert Gomez
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003755392

Bright MLS

APN: 05-00296844

Maryland Montgomery County Silver Spring 20903 Oakview

1503 Paula Dr, Silver Spring, MD

This home is located at 1503 Paula Dr, Silver Spring, MD 20903 since 11 November 2013 and is currently estimated at $479,967, approximately $450 per square foot. This property was built in 1951. 1503 Paula Dr is a home located in Montgomery County with nearby schools including Roscoe R. Nix Elementary School, Cresthaven Elementary School, and Francis Scott Key Middle School.

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