NOT LISTED FOR SALE

1516 Live Oak Dr Silver Spring, MD 20910

Estimated Value: $978,370 - $1,055,000

4 Beds
3.5 Baths
2,550 Sq Ft
$398/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,100,000 $431 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,076/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Woodlin Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2023

Charming colonial on double lot with extraordinary backyard. This freshly painted 4-bedroom, 3.5-bathroom home boasts sunroom addition with independent heating and cooling and tasteful updates throughout. The open kitchen/dining area greets you with walls of windows overlooking the leafy backyard. Double doors from the dining area lead to the large IPE deck. The gorgeous kitchen with its stainless steel appliances, white cabinets and stunning granite counters can inspire even the most reluctant of home chefs to prepare some great meals. The inviting living room is complete with a wood burning fireplace. The first floor also features a powder room. Upstairs you will find 3 bedrooms including the primary suite with custom built in cabinets, wonderful window seat, and elegant en suite bathroom. The upper level has an additional 2 generously sized bedrooms which share a hall bath. The lower level includes a recreation room, a third stylish full bathroom, laundry, and bedroom with sizable window and murphy bed. The enchanting backyard of this home, with mature plantings and stunning landscaping will not disappoint. The location is an ideal balance of privacy and tranquility with access and convenience. It is 2 minutes from 495, but just far enough not to hear highway noise. The house is set back on a small, quiet road near park land, yet so much nearby. Runners, walkers, and bikers will be spoiled by the 10.2-mile Sligo Creek Trail within close proximity, with a playground nearby, and the Sligo Creek Golf Course is just a few minutes away. Whole Foods, two cinemas, a seasonal skating rink, and the fabulous shops and restaurants of downtown Silver Spring are a charming walk from the house, just over a mile away. You don't want to miss this one!

Last Agent to Sell the Property

Antonia Ketabchi

(301) 908-4474 antonia.ketabchi@redfin.com Redfin Corp Listed on: 06/01/2023

Redfin Corp

Last Buyer's Agent

Barak Sky

(301) 742-5759 baraksky@gmail.com Serhant License #SP600552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,932

Year Built

  • Built in 1937

Lot Details

  • 8,125 Sq Ft Lot
  • Property is zoned R60

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Woodside Forest Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 161301427222

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,932

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-01
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Price Per Sq Ft: 529.54
  • Above Grade Finished Sq Ft: 1794
  • Below Grade Finished Sq Ft: 756
  • Total Below Grade Sq Ft: 756
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half 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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8125.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7932.00
  • Assessor Parcel Number: 161301427222
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 30, 2023
Sold by
Franco Vincenzo
Bought by
Kaplan Jocelin and Kaplan Jason
Seller's Agent
Antonia Ketabchi
Redfin Corp
Buyer's Agent
Barak Sky
Serhant
List Price
$950,000
Sold Price
$1,100,000
Premium/Discount to List
$150,000
15.79%
Views
48
Current Estimated Value
$1,014,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,157
Avg. Annual Appreciation
-3.09%
Original Mortgage
$750,000
Outstanding Balance
$728,138
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$286,705

Purchase Details

Closed on
May 8, 2013
Sold by
Franco Vincenzo
Bought by
Franco Vincenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2002
Sold by
Mckenna John P and Mckenna D J
Bought by
Mckenna John P Trustee
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
Kaplan Jocelin $1,100,000 First American Title
Franco Vincenzo $412,000 None Listed On Document
Franco Vincenzo -- None Available
Mckenna John P Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaplan Jocelin $750,000
Previous Owner Franco Vincenzo $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $1,100,000 +15.8% $431 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $950,000 -- $373 / 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 $9,863 $869,133 -- --
2024 $9,863 $799,200 $348,400 $450,800
2023 $0 $732,100 $0 $0
2022 $7,159 $665,000 $0 $0
2021 $6,206 $597,900 $348,400 $249,500
2020 $6,206 $579,967 $0 $0
2019 $5,974 $562,033 $0 $0
2018 $5,756 $544,100 $311,800 $232,300
2017 $5,719 $532,133 $0 $0
2016 -- $520,167 $0 $0
2015 $5,190 $508,200 $0 $0
2014 $5,190 $508,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2094444

Bright MLS

APN: 13-01427222