A
Seller's Agent in 2023
Andre Martin
Express Brokers Realty LLC
(301) 807-7136
1 in this area
22 Total Sales
1516 Ainsley Rd Silver Spring, MD 20904
Estimated Value: $629,000 - $684,000
4
Beds
3.5
Baths
1,980
Sq Ft
$328/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- No HOA
- Springbrook High School Rated A-
- Wood Flooring
- Upgraded Countertops
About This Home
As of September 2023Welcome home, this property is deceptively large on the inside. This home offers access to some of the best school , zoned for 3 different High schools, Blake, Paint branch, and Springbrook. 1516 is nestled on a gorgeous corner of a close knit Cul de sac. For those of you who like entertaining 1516 offers a large family room and large living room with a fireplace to keep you cozy on the winter nights. Walk out from the kitchen to the massive rear covered deck that will keep you dry on those rainy days. A section of the backyard was once used a vegetable garden. The massive corner lot has everything and is perfect for entertaining, a home that anyone is sure to grow into. This home features 4 very well sized bedrooms along with 3.5 bathrooms. 1516 even comes complete with a true space for an office. The 1 car garage adds protection from the elements and extra storage. The expansive front porch is perfect for relaxation and making new friends of your Neighbors. Do not look past this well priced home in one of the best locations.
Last Agent to Sell the Property
(301) 807-7136 andrem@expressbrokersrealty.com Express Brokers Realty LLC Listed on: 07/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,993
Year Built
- Built in 1987
Lot Details
- 9,573 Sq Ft Lot
- Back Yard Fenced
- Property is zoned R90
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Slab Foundation
- Frame Construction
Interior Spaces
- Property has 2 Levels
- Fireplace With Glass Doors
- Window Treatments
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Library
- Game Room
- Wood Flooring
Kitchen
- Country Kitchen
- Electric Oven or Range
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- En-Suite Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Heated Basement
- Exterior Basement Entry
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Springbrook Village Subdivision
Listing and Financial Details
- Tax Lot P21
- Assessor Parcel Number 160502515353
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2023
Closed on
Sep 5, 2023
Sold by
Shaw Kadeen C
Bought by
Berhe Abrhame B
Seller's Agent
Andre Martin
Express Brokers Realty LLC
Buyer's Agent
Genet Lulu
Fairfax Realty Premier
List Price
$544,999
Sold Price
$577,000
Premium/Discount to List
$32,001
5.87%
Views
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,416
Avg. Annual Appreciation
5.37%
Original Mortgage
$557,742
Outstanding Balance
$542,315
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$107,101
Purchase Details
Closed on
Feb 19, 2021
Sold by
Peoples Janet E and Shaw Kadeen C
Bought by
Shaw Kadeen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 25, 2015
Closed on
Nov 16, 2015
Sold by
Kim Yong H and Kim Young J
Bought by
Peoples Janet E and Shaw Kadeen C
Seller's Agent
Joe Lee Lee
Mid-Atlantic Realty
Buyer's Agent
Adam Gelb
Long & Foster Real Estate, Inc.
List Price
$459,000
Sold Price
$427,000
Premium/Discount to List
-$32,000
-6.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$419,265
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 17, 2003
Sold by
Ornstein Seth and Ornstein R S
Bought by
Kim Yong H and Kim Young J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berhe Abrhame B | $577,000 | First American Title | |
| Berhe Abrhame B | $577,000 | First American Title | |
| Shaw Kadeen C | -- | Accommodation | |
| Peoples Janet E | $427,000 | Fatico | |
| Kim Yong H | $410,000 | -- | |
| Kim Yong H | $410,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berhe Abrhame B | $557,742 | |
| Closed | Berhe Abrhame B | $557,742 | |
| Previous Owner | Shaw Kadeen C | $390,000 | |
| Previous Owner | Peoples Janet E | $419,265 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/01/2023 09/01/23 | Sold | $577,000 | 0.0% | $291 / Sq Ft | |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- | |
| 07/19/2023 07/19/23 | Off Market | $577,000 | -- | -- | |
| 07/15/2023 07/15/23 | For Sale | $544,999 | +27.6% | $275 / Sq Ft | |
| 11/16/2015 11/16/15 | Sold | $427,000 | -0.5% | $216 / Sq Ft | View Prior Sale |
| 09/28/2015 09/28/15 | Pending | -- | -- | -- | |
| 09/02/2015 09/02/15 | Price Changed | $429,000 | -4.5% | $217 / Sq Ft | |
| 05/25/2015 05/25/15 | Price Changed | $449,000 | -2.2% | $227 / Sq Ft | |
| 05/15/2015 05/15/15 | For Sale | $459,000 | +7.5% | $232 / Sq Ft | |
| 05/06/2015 05/06/15 | Off Market | $427,000 | -- | -- | |
| 04/25/2015 04/25/15 | For Sale | $459,000 | -- | $232 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,888 | $509,900 | -- | -- |
| 2024 | $5,888 | $458,700 | $0 | $0 |
| 2023 | $4,583 | $407,500 | $219,900 | $187,600 |
| 2022 | $4,301 | $404,000 | $0 | $0 |
| 2021 | $4,199 | $400,500 | $0 | $0 |
| 2020 | $8,250 | $397,000 | $219,900 | $177,100 |
| 2019 | $4,098 | $397,000 | $219,900 | $177,100 |
| 2018 | $4,080 | $397,000 | $219,900 | $177,100 |
| 2017 | $4,020 | $400,300 | $0 | $0 |
| 2016 | $3,887 | $377,500 | $0 | $0 |
| 2015 | $3,887 | $354,700 | $0 | $0 |
| 2014 | $3,887 | $331,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andre Martin
-
Genet Lulu
G
Buyer's Agent in 2023
Genet Lulu
Fairfax Realty Premier
(240) 505-7912
3 in this area
85 Total Sales
-
Joe Lee Lee
J
Seller's Agent in 2015
Joe Lee Lee
Mid-Atlantic Realty
(301) 706-1919
4 Total Sales
-
A
Buyer's Agent in 2015
Adam Gelb
Long & Foster
Map
Source: Bright MLS
MLS Number: MDMC2099068
APN: 05-02515353
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