NOT LISTED FOR SALE

1516 Windham Ln Silver Spring, MD 20902

Estimated Value: $550,000 - $641,000

4 Beds
1.5 Baths
1,818 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $435,000 $239 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,686/month

49 Days on Market

Highlights

  • Rambler Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Glen Haven Neighborhood Park
  • No HOA
  • East Facing Home

About This Home

As of December 2020

Fully renovated gem ready for move-in. Large addition in the back, this house has more space than it appears. Partially finished basement waits your finishing touches, great sized yard, and all the modern amenities you are looking for. Granite counters, stainless steel appliances, new flooring, and more make this the perfect home for all of your needs. Step outside into suburban lifestyle with all of the amenities of city living in close proximity.

Last Agent to Sell the Property

Amit Magdieli

Fairfax Realty Premier License #98367803 Listed on: 09/15/2020

Fairfax Realty Premier

Last Buyer's Agent

Juan Umanzor

Long & Foster Real Estate, Inc. License #0225102012

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1950

Lot Details

  • 6,428 Sq Ft Lot
  • East Facing Home
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Shake Siding

Interior Spaces

  • Property has 1 Level
  • Washer and Dryer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Chestnut Hills Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161301221311

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,984

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: Yes
  • Remarks Public: Fully renovated gem ready for move-in. Large addition in the back, this house has more space than it appears. Partially finished basement waits your finishing touches, great sized yard, and all the modern amenities you are looking for. Granite counters, stainless steel appliances, new flooring, and more make this the perfect home for all of your needs. Step outside into suburban lifestyle with all of the amenities of city living in close proximity.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Hookup
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 1818
  • Price Per Sq Ft: 313.23
  • Above Grade Finished Sq Ft: 1368
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 522
  • Total Below Grade Sq Ft: 972
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1516

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

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
  • 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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 133600.00
  • Land Assessed Value: 180500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6428.00
  • Year Assessed: 2020
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14024950
  • Tax Annual Amount: 3984.00
  • Assessor Parcel Number: 161301221311
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1818
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/02/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Dec 3, 2020
Sold by
Mervania Family Llc
Bought by
Henriquez Jose Eduardo and Henriquez Patricia Noemy
Seller's Agent
Amit Magdieli
Fairfax Realty Premier
Buyer's Agent
Juan Umanzor
Long & Foster Real Estate, Inc.
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%
Current Estimated Value
$587,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,243
Avg. Annual Appreciation
5.75%
Original Mortgage
$427,121
Outstanding Balance
$381,140
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$185,312
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
Henriquez Jose Eduardo $435,000 Harvest Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henriquez Jose Eduardo $104,949
Open Henriquez Jose Eduardo $427,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $435,000 +1.5% $239 / Sq Ft
10/14/2020 10/14/20 Price Changed $428,500 -4.6% $236 / Sq Ft
09/15/2020 09/15/20 For Sale $449,000 -- $247 / 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 $5,834 $479,100 $196,000 $283,100
2024 $5,834 $443,233 $0 $0
2023 $5,397 $407,367 $0 $0
2022 $4,753 $371,500 $196,000 $175,500
2021 $4,477 $352,367 $0 $0
2020 $8,460 $333,233 $0 $0
2019 $3,984 $314,100 $180,500 $133,600
2018 $3,946 $312,867 $0 $0
2017 $4,038 $311,633 $0 $0
2016 $3,533 $310,400 $0 $0
2015 $3,533 $303,100 $0 $0
2014 $3,533 $295,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC725846

Bright MLS

APN: 13-01221311