NOT LISTED FOR SALE

1523 Foster Rd Silver Spring, MD 20905

Estimated Value: $741,479 - $759,000

5 Beds
3.5 Baths
3,214 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $580,000 $180 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,551/month

50 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Fireplace
  • Cloverly Elementary School Rated A-
  • Space For Rooms
  • 2-minute walk to Spencerville Local Park

About This Home

As of August 2020

Newly renovated! This is a beautiful brick front Colonial property. It is located in a quiet and most desirable neighborhood of Good Hope Estates, next to Spencerville Local Park. Some of the features including 5 spacious Bedrooms, 3.5 Baths, master bedroom with walk-in closet and Jacuzzi tub, brand new gleaming hardwood floors, new bathroom vanities with marble top, new ceramic tiles, new kitchen cabinets, new granite counter top, new stainless steel appliances, new front load washer and dryer, new HVAC, brand new finished basement with walk-out door, a full bath just added, a bonus room which could be converted into 6th bedroom for guests, LED recessed lights, crown moldings, chair railings, approximate 3,200 finished SQFT, one year Home Warranty. Must see!!! Seller is R.E. Licensee. Building permit and engineer's drawing are available. PLEASE REMOVE SHOES or USE SHOE COVERS. PLEASE PRACTICE SOCIAL DISTANCING AND FOLLOW CDC'S GUIDELINES. THANK YOU AND BE SAFE!

Last Agent to Sell the Property

Nha Vo

Samson Properties License #576580 Listed on: 05/08/2020

Samson Properties

Last Buyer's Agent

Muhammad Iqbal

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1979 | Remodeled in 2019

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • 5 Open Parking Spaces
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Double Hung Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Built-In Microwave
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Front Loading Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Water Proofing System
  • Space For Rooms
  • Basement Windows

Outdoor Features

  • Storage Shed

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160501774911

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,894

Year Built

Built in 1979 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1979
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Newly renovated! This is a beautiful brick front Colonial property. It is located in a quiet and most desirable neighborhood of Good Hope Estates, next to Spencerville Local Park. Some of the features including 5 spacious Bedrooms, 3.5 Baths, master bedroom with walk-in closet and Jacuzzi tub, brand new gleaming hardwood floors, new bathroom vanities with marble top, new ceramic tiles, new kitchen cabinets, new granite counter top, new stainless steel appliances, new front load washer and dryer, new HVAC, brand new finished basement with walk-out door, a full bath just added, a bonus room which could be converted into 6th bedroom for guests, LED recessed lights, crown moldings, chair railings, approximate 3,200 finished SQFT, one year Home Warranty. Must see!!! Seller is R.E. Licensee. Building permit and engineer's drawing are available. PLEASE REMOVE SHOES or USE SHOE COVERS. PLEASE PRACTICE SOCIAL DISTANCING AND FOLLOW CDC'S GUIDELINES. THANK YOU AND BE SAFE!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Washer - Front Loading
  • Flooring Type: Hardwood
  • Interior Amenities: Chair Railings, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Formal/Separate Dining Room, Wood Floors
  • Window Features: Double Hung
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Laundry, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Rear Entrance, Interior Access, Space For Rooms, Walkout Stairs, Water Proofing System, Windows
  • Basement Finished Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 3214
  • Living Area Sq Ft: 3214
  • Price Per Sq Ft: 265.36
  • Above Grade Finished Sq Ft: 2148
  • Below Grade Finished Sq Ft: 1066
  • Total Below Grade Sq Ft: 1066
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1523

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Brick Front, Aluminum Siding
  • Roof: Shingle
  • Spa: No
  • 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
  • Open Parking Spaces Count: 5
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Fencing: Chain Link, Rear, Partially
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10800.00
  • Year Assessed: 2020
  • Zoning: RE1
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 4894.00
  • Assessor Parcel Number: 160501774911
  • Tax Year: 2020
  • Close Date: 08/28/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Aug 28, 2020
Sold by
Vo Nha Thanh
Bought by
Wallace Davis Mervin and Wallace Ruth
Seller's Agent
Nha Vo
Samson Properties
Buyer's Agent
Muhammad Iqbal
Compass
List Price
$569,900
Sold Price
$580,000
Premium/Discount to List
$10,100
1.77%
Total Days on Market
50
Current Estimated Value
$749,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,620
Avg. Annual Appreciation
4.65%
Original Mortgage
$569,494
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 25, 2018
Closed on
Aug 23, 2018
Sold by
Holmes Barbara Sue and The H V H Trust
Bought by
Vo Nha Thanh
Seller's Agent
Janice Johnson
1st RATE Real Estate, Inc.
Buyer's Agent
Nha Vo
Samson Properties
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.26%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Holmes Harold V and Holmes K B
Bought by
Holmes Harold V Tr
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
Wallace Davis Mervin $580,000 First Equity Title
Vo Nha Thanh $340,000 Old Republic Title Ins Co
Holmes Harold V Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wallace Davis Mervin $563,898
Previous Owner Wallace Davis Mervin $569,494
Previous Owner Holmes Harold $110,697
Previous Owner Holmes Harold $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $580,000 +1.8% $180 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/27/2020 06/27/20 Price Changed $570,000 +2.0% $177 / Sq Ft
06/27/2020 06/27/20 Price Changed $559,000 -1.9% $174 / Sq Ft
05/08/2020 05/08/20 For Sale $569,900 +67.6% $177 / Sq Ft
08/23/2018 08/23/18 Sold $340,000 -2.8% $158 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $349,900 -- $163 / 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 $6,881 $558,900 $0 $0
2023 $5,533 $503,900 $218,100 $285,800
2022 $4,950 $474,300 $0 $0
2021 $4,569 $444,700 $0 $0
2020 $9,820 $415,100 $218,100 $197,000
2019 $4,895 $415,100 $218,100 $197,000
2018 $4,203 $415,100 $218,100 $197,000
2017 $4,490 $432,400 $0 $0
2016 $4,112 $424,400 $0 $0
2015 $4,112 $416,400 $0 $0
2014 $4,112 $408,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nha Vo

    Seller's Agent in 2020

    Nha Vo

    Samson Properties

    (301) 370-4681

    1 in this area

    55 Total Sales

    Nha Vo
    Section Image
  • Muhammad Iqbal

    Buyer's Agent in 2020

    Muhammad Iqbal

    Compass

    (443) 718-1347

    1 in this area

    110 Total Sales

    Muhammad Iqbal
    Section Image

  • J

    Seller's Agent in 2018

    Janice Johnson

    1st RATE Real Estate, Inc.

    22 Total Sales

    Janice Johnson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC706522

Bright MLS

APN: 05-01774911

Maryland Montgomery County Silver Spring 20905

1523 Foster Rd, Silver Spring, MD

This home is located at 1523 Foster Rd, Silver Spring, MD 20905 since 08 May 2020 and is currently estimated at $749,620, approximately $233 per square foot. This property was built in 1979. 1523 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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