NOT LISTED FOR SALE

15224 Baileys Ln Silver Spring, MD 20906

Longmead Crossing Neighborhood

Estimated Value: $645,000 - $787,000

4 Beds
2.5 Baths
3,140 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $640,000 $204 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,551/month

10 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Level Entry For Accessibility
  • Flower Valley Elementary School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of May 2024

Take a look at this INCREDIBLE bargain in Norbeck Hills! This is a three level charmer with EXCELLENT potential to be the HOME OF YOUR DREAMS! It is being SOLD AS IS so you can take your handyman skills and create something even better or hire someone do so just a little work and MOVE IN ASAP! Basement is unfinished BUT foundation has been worked on just within the past few months to insulated and protect from water damage and age. Mainly just needs drywall, paint and carpet. It can be WHATEVER YOU ENVISION! Appliances are only a few years old.

Last Agent to Sell the Property

Evan Taff

(301) 326-8876 evan.taff@exprealty.com EXP Realty, LLC License #5009429 Listed on: 04/11/2024

EXP Realty, LLC

Last Buyer's Agent

Hermela Balcha

(954) 254-4142 hrmbal@icloud.com DMV Realty, INC. License #0225250022

DMV Realty, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,058

Year Built

  • Built in 1991

Lot Details

  • 10,153 Sq Ft Lot
  • Property is zoned PD3

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • Norbeck Hills Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 161302834931

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,058

Year Built

Built in 1991

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single, Refrigerator, Stove, Washer, Water Heater
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3764
  • Living Area Sq Ft: 3140
  • Price Per Sq Ft: 252.05
  • Above Grade Finished Sq Ft: 2440
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 624
  • Total Below Grade Sq Ft: 1324
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10153.00
  • Zoning: PD3
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7058.00
  • Assessor Parcel Number: 161302834931
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 6, 2024
Sold by
Cantlupe Joseph A
Bought by
Kihshen Yonas and Hayelom Alem
Seller's Agent
Evan Taff
EXP Realty, LLC
Buyer's Agent
Hermela Balcha
DMV Realty, INC.
List Price
$615,000
Sold Price
$640,000
Premium/Discount to List
$25,000
4.07%
Views
266
Current Estimated Value
$728,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,198
Avg. Annual Appreciation
8.04%
Original Mortgage
$601,600
Outstanding Balance
$593,019
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$135,179

Purchase Details

Closed on
Sep 15, 1999
Sold by
Lazo Pedro A and Lazo M R
Bought by
Cantlupe Joseph A and Molnar Michele A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kihshen Yonas $640,000 Universal Title
Kihshen Yonas $640,000 Universal Title
Cantlupe Joseph A $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kihshen Yonas $601,600
Closed Kihshen Yonas $601,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $640,000 +4.1% $204 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $615,000 -- $196 / 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 $7,474 $644,600 $157,100 $487,500
2024 $7,474 $610,400 $0 $0
2023 $6,288 $576,200 $0 $0
2022 $5,428 $542,000 $157,100 $384,900
2021 $9,709 $490,967 $0 $0
2020 $7,828 $439,933 $0 $0
2019 $3,914 $388,900 $113,500 $275,400
2018 $3,868 $384,733 $0 $0
2017 $3,898 $380,567 $0 $0
2016 -- $376,400 $0 $0
2015 $4,478 $376,400 $0 $0
2014 $4,478 $376,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Evan Taff

    Seller's Agent in 2024

    Evan Taff

    EXP Realty, LLC

    (301) 326-8876

    1 in this area

    2 Total Sales

    Evan Taff
    Section Image
  • Hermela Balcha

    Buyer's Agent in 2024

    Hermela Balcha

    DMV Realty, INC.

    (954) 254-4142

    2 in this area

    128 Total Sales

    Hermela Balcha
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2127454

Bright MLS

APN: 13-02834931

Maryland Montgomery County Silver Spring 20906 Longmead Crossing

15224 Baileys Ln, Silver Spring, MD

Not Listed for Sale

Detached

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