NOT LISTED FOR SALE

1506 Wheaton Ln Silver Spring, MD 20902

Estimated Value: $488,000 - $603,000

5 Beds
2 Baths
2,110 Sq Ft
$256/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $350,000 $166 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,297/month

140 Days on Market

Highlights

  • 1 Fireplace
  • 1 Attached Carport Space
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of December 2019

Wonderful opportunity to restore, upgrade and make it your own! Spacious floor-plan with 5 bedrooms and 2 baths above grade + unfinished basement, hard-wood floors, fireplace, good sized yard, deck and so much more! Easy access to public transport, shopping and schools!

Last Agent to Sell the Property

Pennye Green

(202) 247-5668 pennye.greenteam@gmail.com Long & Foster Real Estate, Inc. License #301403 Listed on: 07/08/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Nadia Aminov

(571) 331-9745 nadia.aminov@gmail.com Long & Foster Real Estate, Inc. License #0225083579

Last Buyer's Agent

Daniel Garcia

(240) 271-7771 daniel.garcia@theagencyre.com The Agency DC License #605291

The Agency DC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,468

Year Built

  • Built in 1953

Lot Details

  • 6,140 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,110 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Chestnut Hills Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 161301222075

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,468

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Total Sq Ft: 2110
  • Living Area Sq Ft: 2110
  • Price Per Sq Ft: 168.25
  • Above Grade Finished Sq Ft: 2110
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146100.00
  • Land Assessed Value: 179400.00
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6140.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14025022
  • Tax Annual Amount: 4468.00
  • Assessor Parcel Number: 161301222075
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Dec 5, 2019
Sold by
Mtglq Investors Lp
Bought by
Amaya Agustin and Amaya Michael
Seller's Agent
Pennye Green
Long & Foster Real Estate, Inc.
Buyer's Agent
Daniel Garcia
The Agency DC
List Price
$355,000
Sold Price
$350,000
Premium/Discount to List
-$5,000
-1.41%
Current Estimated Value
$540,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,820
Avg. Annual Appreciation
7.52%
Original Mortgage
$358,505
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2019
Sold by
Martinez Francis and Martinez Leonel E
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Oct 15, 2004
Sold by
Martinez Marjorie I
Bought by
Martinez Francis and Martinez Leonel E

Purchase Details

Closed on
Sep 19, 2000
Sold by
Rhodes James E and Rhodes W M
Bought by
Martinez Marjorie I
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
Amaya Agustin $350,000 Covenant Title & Escrow Llc
Mtglq Investors Lp $410,000 None Available
Martinez Francis $300,000 --
Martinez Francis $300,000 --
Martinez Marjorie I $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amaya Agustin $358,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $350,000 -1.4% $166 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $355,000 0.0% $168 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $355,000 -2.7% $168 / Sq Ft
10/28/2019 10/28/19 For Sale $365,000 0.0% $173 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $365,000 -2.7% $173 / Sq Ft
07/08/2019 07/08/19 For Sale $375,000 -- $178 / 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 $5,568 $433,500 $194,800 $238,700
2024 $5,568 $420,133 $0 $0
2023 $6,082 $406,767 $0 $0
2022 $4,303 $393,400 $194,800 $198,600
2021 $4,107 $381,600 $0 $0
2020 $9,267 $369,800 $0 $0
2019 $4,468 $358,000 $179,400 $178,600
2018 $3,632 $347,167 $0 $0
2017 $3,520 $336,333 $0 $0
2016 $3,249 $325,500 $0 $0
2015 $3,249 $325,500 $0 $0
2014 $3,249 $325,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC668796

Bright MLS

APN: 13-01222075