NOT LISTED FOR SALE

1520 Foster Rd Silver Spring, MD 20905

Estimated Value: $597,000 - $666,000

5 Beds
2 Baths
2,556 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $375,000 $147 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,055/month

50 Days on Market

Highlights

  • 1 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Cloverly Elementary School Rated A-
  • Traditional Floor Plan
  • 2-minute walk to Spencerville Local Park

About This Home

As of September 2021

Great investment potential! Nestled away from the street amid lush foliage you will find an unexpected Colonial style home situated on a premium 1-acre lot. This timeless home offers five bedrooms (including a main level master bedroom) and two full baths. The home has a private driveway with brick sidewalks leading to the steps of a peaceful porch. The home was built in 1950 and has natural oak hardwood floors throughout. The owner built an addition to the home in 2007 which includes an owne's suite with a great room with cathedral ceilings. The dining and living rooms have bay windows for extra lighting. The home has two laundry areas (one on the main level and one in basement). The bonus room leads to a sliding glass door onto the back deck. The kitchen is spacious and ready for the unimaginable mind to update. The home is priced to sell.

Last Agent to Sell the Property

Janet Faison

Coldwell Banker Realty License #0225189050 Listed on: 07/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Douglas Reyes

Smart Realty, LLC License #602537

Smart Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,824

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • Property is zoned RE1

Parking

  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Skylights
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Freezer

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Laundry in Basement
  • Basement with some natural light

Utilities

  • Central Air
  • Heating System Uses Oil
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Colesville Outside Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160500260021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,824

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment potential! Nestled away from the street amid lush foliage you will find an unexpected Colonial style home situated on a premium 1-acre lot. This timeless home offers five bedrooms (including a main level master bedroom) and two full baths. The home has a private driveway with brick sidewalks leading to the steps of a peaceful porch. The home was built in 1950 and has natural oak hardwood floors throughout. The owner built an addition to the home in 2007 which includes an owne's suite with a great room with cathedral ceilings. The dining and living rooms have bay windows for extra lighting. The home has two laundry areas (one on the main level and one in basement). The bonus room leads to a sliding glass door onto the back deck. The kitchen is spacious and ready for the unimaginable mind to update. The home is priced to sell.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Freezer, Refrigerator, Microwave
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Skylight(s), Wood Floors
  • Window Features: Bay/Bow, Screens, Skylights
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Family Room, Den, Basement, Foyer, Laundry, Bathroom 1, Bonus Room
  • Basement: Yes
  • Basement Type: Daylight, Partial, Connecting Stairway, Rear Entrance, Outside Entrance
  • Laundry Type: Basement, Main Floor
  • Total Sq Ft: 3384
  • Living Area Sq Ft: 2556
  • Price Per Sq Ft: 242.70
  • Above Grade Finished Sq Ft: 2056
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 828
  • Total Below Grade Sq Ft: 1328
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1520

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • 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
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Propane
  • 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
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89100.00
  • Land Assessed Value: 255500.00
  • Land Use Code: 011
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Year Assessed: 2021
  • Zoning: RE1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13835317
  • Tax Annual Amount: 4824.00
  • Assessor Parcel Number: 160500260021
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2556
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/14/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Henriquez Mauricio I
Bought by
Henriquez Living Trust
Total Days on Market
50
Current Estimated Value
$636,149

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 14, 2021
Sold by
Miller Beverly L and Estate Of Thomas E Garey
Bought by
Henriquez Mauricio I and Henriquez Reyna
Seller's Agent
Janet Faison
Coldwell Banker Realty
Buyer's Agent
Douglas Reyes
Smart Realty, LLC
List Price
$499,000
Sold Price
$375,000
Premium/Discount to List
-$124,000
-24.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%
Source: Public Records

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Range of Values:

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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 Living Trust -- Downs Thomas P
Henriquez Mauricio I $375,000 Kensington Realty Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $375,000 -24.8% $147 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $499,000 -- $195 / 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
2024 $5,963 $413,167 $0 $0
2023 $2,229 $344,600 $255,500 $89,100
2022 $4,260 $343,000 $0 $0
2021 $4,190 $341,400 $0 $0
2020 $4,147 $339,800 $255,500 $84,300
2019 $4,132 $339,800 $255,500 $84,300
2018 $4,131 $339,800 $255,500 $84,300
2017 $1,361 $341,500 $0 $0
2016 -- $334,367 $0 $0
2015 $4,517 $327,233 $0 $0
2014 $4,517 $320,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Faison

    Seller's Agent in 2021

    Janet Faison

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (240) 350-0991

    1 in this area

    28 Total Sales

    Janet Faison
    Section Image
  • Douglas Reyes

    Buyer's Agent in 2021

    Douglas Reyes

    Smart Realty, LLC

    (240) 535-7450

    1 in this area

    189 Total Sales

    Douglas Reyes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2004426

Bright MLS

APN: 05-00260021

Maryland Montgomery County Silver Spring 20905

1520 Foster Rd, Silver Spring, MD

This home is located at 1520 Foster Rd, Silver Spring, MD 20905 since 08 July 2021 and is currently estimated at $636,149, approximately $248 per square foot. This property was built in 1950. 1520 Foster Rd is a home located in Montgomery County with nearby schools including Cloverly Elementary School, Briggs Chaney Middle School, and Paint Branch High School.

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