$640,000
SOLD MAR 28, 2022

1504 Gridley Ln Silver Spring, MD 20902

4 Beds
3 Baths
1,248 Sq Ft
5,400 Sq Ft Lot

Recently Sold

$513 Per Sq Ft

8% Above List Price

1 Day on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • More Than Two Accessible Exits
  • Space For Rooms
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Welcome to this beautiful and updated Cape Cod brick home located just miles from downtown Silver Spring. Walk into the freshly painted open concept home filled with natural light, a wood burning fireplace, and hardwood floors on the upper and main levels. Two bedrooms, remodeled full bath and remodeled kitchen rounds off the first floor. Off of the kitchen you'll find the sunroom/mudroom that leads to the fully fenced in leveled backyard. Upper level has two more bedrooms with built in draws and a newly remodeled full bath. The lower level is fully finished and has been updated with newer flooring and an additional room that can be used as a potential 5th bedroom, office, or even gym/yoga studio. With the Wheaton metro, bus stops, parks, ample shopping and dining options only miles away...don't let this home get away! Ready to move-in so you can start living. No work needed.

Last Agent to Sell the Property

Anna Dinh

Samson Properties License #0225242348 Listed on: 03/03/2022

Samson Properties

Last Buyer's Agent

Lukas Iraola

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,279

Year Built

  • Built in 1951

Lot Details

  • 5,400 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Combination Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Interior Basement Entry
  • Space For Rooms
  • Natural lighting in basement

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Chestnut Ridge Manor Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 161301224154

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,279

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-03-03
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Combination, Daylight, Full, Fully Finished, Interior Access, Space For Rooms
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 476.76
  • Above Grade Finished Sq Ft: 1248
  • Below Grade Sq Ft: 832
  • Total Below Grade Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1504

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • 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
  • 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: Driveway, On Street

Utilities

  • Refuse: 478.24
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5400.00
  • Year Assessed: 2021
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4279.00
  • Assessor Parcel Number: 161301224154
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 1248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 20, 2021
Sold by
Rian Brenda and Estate Of Mortimer E Rian Jr
Bought by
Wahl Aubrey
Seller's Agent
Cari Jordan
RLAH @properties
Buyer's Agent
Colette Releford
Redfin Corp
List Price
$415,000
Sold Price
$450,000
Premium/Discount to List
$35,000
8.43%
Current Estimated Value
$659,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,513
Avg. Annual Appreciation
9.15%
Original Mortgage
$374,000
Outstanding Balance
$342,517
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$311,960
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $450,000 Gpn Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $640,000 +7.6% $513 / Sq Ft
03/03/2022 03/03/22 For Sale $595,000 +32.2% $477 / Sq Ft
04/20/2021 04/20/21 Sold $450,000 +8.4% $262 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $415,000 -- $241 / 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
2024 $6,821 $528,967 $0 $0
2023 $4,337 $435,133 $0 $0
2022 $3,728 $341,300 $176,500 $164,800
2021 $4,279 $334,467 $0 $0
2020 $4,168 $327,633 $0 $0
2019 $4,058 $320,800 $176,500 $144,300
2018 $3,283 $315,533 $0 $0
2017 $3,284 $310,267 $0 $0
2016 $2,888 $305,000 $0 $0
2015 $2,888 $300,967 $0 $0
2014 $2,888 $296,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2038870

Bright MLS

APN: 13-01224154