NOT LISTED FOR SALE

1521 Gridley Ln Silver Spring, MD 20902

Estimated Value: $471,000 - $572,000

3 Beds
1 Bath
1,092 Sq Ft
$468/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $403,000 $369 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,116/month

Highlights

  • Cape Cod Architecture
  • Eat-In Kitchen
  • Humidifier
  • No HOA
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of June 2021

Spend your summer working on the yard and making it match the fresh, nice interior of this home and you'll have a cute, comfy Cape Cod for you and yours. The backyard has an organic soil garden base for the home gardener. Fruit trees and berries ,too. The location is great, and the condition of the home is very good. Clean, dry basement can be finished or just use for super storage. Home has been lead tested and certified lead free. Those docs will convey to the new owner.

Last Agent to Sell the Property

Rick Carroll

(301) 807-6741 rick@rickcarroll.net Long & Foster Real Estate, Inc. License #71958 Listed on: 05/13/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Marlene Aisenberg

(301) 785-6313 maisenberg@cbrealty.com Coldwell Banker Realty License #SP98368606

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1951

Lot Details

  • 5,378 Sq Ft Lot
  • Property is in good condition
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

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

Community Details

  • No Home Owners Association
  • Chestnut Ridge Manor Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 161301222851

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,644

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: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: Spend your summer working on the yard and making it match the fresh, nice interior of this home and you'll have a cute, comfy Cape Cod for you and yours. The backyard has an organic soil garden base for the home gardener. Fruit trees and berries ,too. The location is great, and the condition of the home is very good. Clean, dry basement can be finished or just use for super storage. Home has been lead tested and certified lead free. Those docs will convey to the new owner.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Dryer, Dual Flush Toilets, Humidifier, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Laminated
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Table Space
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Unfinished
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 347.99
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1521

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Composite
  • 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: 129300.00
  • Land Assessed Value: 176400.00
  • Land Use Code: 011
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5378.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14025099
  • Tax Annual Amount: 3644.00
  • Assessor Parcel Number: 161301222851
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 1092
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 06/11/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 11, 2021
Sold by
Schwobel Paul and The Schwobel Revocable Trust
Bought by
Smith Emily A
Seller's Agent
Rick Carroll
Long & Foster Real Estate, Inc.
Buyer's Agent
Marlene Aisenberg
Coldwell Banker Realty
List Price
$380,000
Sold Price
$403,000
Premium/Discount to List
$23,000
6.05%
Current Estimated Value
$511,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,230
Avg. Annual Appreciation
5.63%
Original Mortgage
$365,347
Outstanding Balance
$330,776
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$180,454

Purchase Details

Closed on
May 6, 2013
Sold by
Schwobel Paul C
Bought by
Schwobel Paul C and Schwobel Revocable Trust

Purchase Details

Closed on
Dec 31, 2007
Sold by
Clinkenbeard R L R
Bought by
Schwobel Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2007
Sold by
Clinkenbeard R L R
Bought by
Schwobel Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Smith Emily A $403,000 Mid Atlantic Setmnt Svcs Llc
Schwobel Paul C -- None Available
Schwobel Paul C $350,000 --
Schwobel Paul C $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Emily A $365,347
Previous Owner Schwobel Paul C $315,000
Previous Owner Schwobel Paul C $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $403,000 +6.1% $369 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $380,000 -- $348 / 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 $4,877 $399,300 $176,400 $222,900
2024 $4,877 $368,100 $0 $0
2023 $3,801 $336,900 $0 $0
2022 $3,255 $305,700 $176,400 $129,300
2021 $6,390 $300,333 $0 $0
2020 $0 $294,967 $0 $0
2019 $2,952 $289,600 $176,400 $113,200
2018 $2,881 $285,467 $0 $0
2017 $2,901 $281,333 $0 $0
2016 -- $277,200 $0 $0
2015 $2,649 $275,000 $0 $0
2014 $2,649 $272,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC758202

Bright MLS

APN: 13-01222851