NOT LISTED FOR SALE

1514 Gridley Ln Silver Spring, MD 20902

Estimated Value: $624,000 - $716,000

5 Beds
3 Baths
2,080 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $650,000 $312 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,169/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Crown Molding
  • Wood Flooring
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Welcome home to this lovely 5 Bedroom and 3 Bathroom Cape Cod . This home features brand new oak hardwood flooring throughout the main and upper floors. The kitchen has new stainless steel appliances, quartz countertop, and soft-close cabinets. The bathrooms feature new vanities and porcelain tiles. From the kitchen, you walk into the sunroom with 7 large windows. The basement has new waterproof vinyl flooring. The home also features new baseboards, window trims, and crown molding in the living room. Smart light switches in the living room and kitchen, NEST thermostat, and NEST video doorbell, are all controllable via mobile app. This home is wonderfully located, within walking distance from Sligo Creek Trail and bus stops, close to Holy Cross hospital and I-495. Don't miss out, schedule today!

Last Agent to Sell the Property

Edgar Coello

(240) 472-1250 edgarcoello@gmail.com Fairfax Realty Premier Listed on: 06/17/2022

Fairfax Realty Premier

Last Buyer's Agent

Andres Serafini

(240) 418-8899 andres@twgrealtors.com Realty of America LLC License #SP98374775

Realty of America LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,763

Year Built

  • Built in 1951

Lot Details

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

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Active Radon Mitigation

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Ceiling Fan
  • Brick Fireplace

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Parking Space
  • 1 Driveway Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Chestnut Ridge Manor Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 161301224006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,763

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-17
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this lovely 5 Bedroom and 3 Bathroom Cape Cod . This home features brand new oak hardwood flooring throughout the main and upper floors. The kitchen has new stainless steel appliances, quartz countertop, and soft-close cabinets. The bathrooms feature new vanities and porcelain tiles. From the kitchen, you walk into the sunroom with 7 large windows. The basement has new waterproof vinyl flooring. The home also features new baseboards, window trims, and crown molding in the living room. Smart light switches in the living room and kitchen, NEST thermostat, and NEST video doorbell, are all controllable via mobile app. This home is wonderfully located, within walking distance from Sligo Creek Trail and bus stops, close to Holy Cross hospital and I-495. Don't miss out, schedule today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Crown Moldings
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Active Radon Mitigation, Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Outside Entrance, Walkout Stairs
  • Laundry Type: Basement
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 532.85
  • Above Grade Finished Sq Ft: 1248
  • Below Grade Finished Sq Ft: 832
  • Total Below Grade Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1514

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 1

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: Electric
  • 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
  • Elementary School: GLEN HAVEN
  • Middle School: SLIGO
  • High School: NORTHWOOD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: GLEN HAVEN
  • High School: NORTHWOOD
  • Middle Or Junior School: SLIGO

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 210900.00
  • Land Assessed Value: 176500.00
  • Land Use Code: R
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5400.00
  • Year Assessed: 2022
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14025213
  • Tax Annual Amount: 4763.00
  • Assessor Parcel Number: 161301224006
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/30/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 30, 2022
Sold by
Edward Coello Charles
Bought by
Blumensche1n Nicholas and Low Karly
Seller's Agent
Edgar Coello
Fairfax Realty Premier
Buyer's Agent
Andres Serafini
Realty of America LLC
List Price
$665,000
Sold Price
$650,000
Premium/Discount to List
-$15,000
-2.26%
Views
5
Current Estimated Value
$680,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,375
Avg. Annual Appreciation
1.47%
Original Mortgage
$617,500
Outstanding Balance
$588,698
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$91,677

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 17, 2021
Sold by
Bennett Thomas Lawrence and Thomas Lawrence Bennett Trust
Bought by
Coello Charles Edward
Seller's Agent
Joseph Stanton
Long & Foster Real Estate, Inc.
Buyer's Agent
Edgar Coello
Fairfax Realty Premier
List Price
$399,987
Sold Price
$425,000
Premium/Discount to List
$25,013
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.41%
Original Mortgage
$382,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2012
Closed on
Jun 12, 2013
Sold by
Polletto John M and Polletto Kathryn R
Bought by
Bennett Thomas Lawrence and The Thomas Lawrence Bennett Tr
Seller's Agent
Barbara Ciment
Perennial Real Estate
Buyer's Agent
Matthew Rowland
Samson Properties
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$300,000
Interest Rate
3.51%
Mortgage Type
New Conventional
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
Blumensche1n Nicholas $650,000 Westcor Land Title
Nicholas Blumensche1n $650,000 Westcor Land Title
Coello Charles Edward $425,000 Realty Title Services Inc
Bennett Thomas Lawrence $375,000 Title Resources Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholas Blumensche1n $617,500
Closed Nicholas Blumensche1n $617,500
Previous Owner Coello Charles Edward $382,500
Previous Owner Bennett Thomas Lawrence $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $650,000 -2.3% $313 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $665,000 +56.5% $320 / Sq Ft
11/19/2021 11/19/21 Sold $425,000 +6.3% $341 / Sq Ft View Prior Sale
10/15/2021 10/15/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $399,987 +6.7% $321 / Sq Ft
06/12/2013 06/12/13 Sold $375,000 -1.1% $300 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $379,000 0.0% $304 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $379,000 0.0% $304 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $379,000 +1.1% $304 / Sq Ft
10/16/2012 10/16/12 Off Market $375,000 -- --
10/16/2012 10/16/12 For Sale $379,000 -- $304 / 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 $6,746 $590,100 $176,500 $413,600
2024 $6,746 $522,533 $0 $0
2023 $2,626 $454,967 $0 $0
2022 $4,236 $387,400 $176,500 $210,900
2021 $4,071 $378,367 $0 $0
2020 $1,968 $369,333 $0 $0
2019 $3,802 $360,300 $176,500 $183,800
2018 $3,701 $353,367 $0 $0
2017 $3,681 $346,433 $0 $0
2016 -- $339,500 $0 $0
2015 $2,876 $323,600 $0 $0
2014 $2,876 $307,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2056744

Bright MLS

APN: 13-01224006