NOT LISTED FOR SALE

1525 Gridley Ln Silver Spring, MD 20902

Estimated Value: $630,000 - $681,000

4 Beds
3 Baths
1,774 Sq Ft
$368/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $585,000 $330 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,113/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Chair Railings
  • Wood Flooring
  • No HOA
  • Recessed Lighting

About This Home

As of October 2022

Welcome home to this charming 4 Bedroom and 3 Bathroom Cape Cod with three finished levels. So bright and inviting! The main level brings you to the living and dining space which opens to the completely remodeled spacious kitchen with all new cabinets and appliances. This level has two comfortable bedrooms and one full bath. The upper level has an additional 2 bedrooms sharing the updated hall bathroom. Two levels of hardwood floors and a cozy carpet in the lowest level. The lower level offers wonderful space for recreation, a home office, or even a guest area as it is complete with a full bath. Additionally, there is a large storage area part of which could easily be finished should you need more space. The impressive list of upgrades that the current owners completed in the last 5 years include new windows, new HVAC, new washer and dryer, a fence installed in 2017, bathroom remodel on upper level, new carpet on lower level, chimney completely relined a making the fireplace ready for a cozy evening by the fire.
Pride of ownership shines throughout. This home is wonderfully located, a stone's throw away from Sligo Creek Trail and bus stops, close to Holy Cross Hospital and I-495. Don't miss out, schedule today!

Last Agent to Sell the Property

Antonia Ketabchi

Redfin Corp Listed on: 09/15/2022

Redfin Corp

Last Buyer's Agent

Alan Chargin

Keller Williams Capital Properties License #5003971

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 1951

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Combination Dining and Living Room
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Chestnut Ridge Manor Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 161301224303

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,569

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-15
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this charming 4 Bedroom and 3 Bathroom Cape Cod with three finished levels. So bright and inviting! The main level brings you to the living and dining space which opens to the completely remodeled spacious kitchen with all new cabinets and appliances. This level has two comfortable bedrooms and one full bath. The upper level has an additional 2 bedrooms sharing the updated hall bathroom. Two levels of hardwood floors and a cozy carpet in the lowest level. The lower level offers wonderful space for recreation, a home office, or even a guest area as it is complete with a full bath. Additionally, there is a large storage area part of which could easily be finished should you need more space. The impressive list of upgrades that the current owners completed in the last 5 years include new windows, new HVAC, new washer and dryer, a fence installed in 2017, bathroom remodel on upper level, new carpet on lower level, chimney completely relined a making the fireplace ready for a cozy evening by the fire. Pride of ownership shines throughout. This home is wonderfully located, a stone's throw away from Sligo Creek Trail and bus stops, close to Holy Cross Hospital and I-495. Don't miss out, schedule today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Dishwasher, Refrigerator, Microwave, Disposal, Washer, Dryer
  • Interior Amenities: Wood Floors, Recessed Lighting, Chair Railings, Combination Dining/Living, Ceiling Fan(s), Carpet
  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2206
  • Living Area Sq Ft: 1774
  • Price Per Sq Ft: 425.76
  • Above Grade Finished Sq Ft: 1374
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 432
  • Total Below Grade Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1525

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • 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: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • 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

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: 270500.00
  • Land Assessed Value: 175000.00
  • Land Use Code: R
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Year Assessed: 2022
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14025244
  • Tax Annual Amount: 5569.00
  • Assessor Parcel Number: 161301224303
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 1774
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 25, 2022
Sold by
Frank Rose And Diane K Rose Living Trust
Bought by
Lavery Kirsten
Seller's Agent
Antonia Ketabchi
Redfin Corp
Buyer's Agent
Alan Chargin
Keller Williams Capital Properties
List Price
$585,000
Sold Price
$585,000
Views
2
Current Estimated Value
$652,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,086
Avg. Annual Appreciation
3.12%
Original Mortgage
$534,000
Outstanding Balance
$517,888
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$120,080

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 13, 2016
Sold by
Woolwine Shane D and Woolwine Megan R
Bought by
Rose Frank and The Frank Rose And Diane K Ros
Seller's Agent
Kathy Whalen
Compass
Buyer's Agent
Antonia Ketabchi
Redfin Corp
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$220,000
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Listed on
Jun 6, 2013
Closed on
Sep 5, 2013
Sold by
Engman Rosemary D
Bought by
Woolwine Shane D and Woolwine Megan R
Seller's Agent
Kathy Whalen
Compass
Buyer's Agent
Kristen Gardner
Long & Foster Real Estate, Inc.
List Price
$375,000
Sold Price
$361,500
Premium/Discount to List
-$13,500
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$343,425
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1986
Bought by
Engman Larry B and R D
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
Lavery Kirsten $585,000 Universal Title
Rose Frank $420,000 Gpn Title Inc
Woolwine Shane D $361,500 Sage Title Group Llc
Engman Larry B $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavery Kirsten $534,000
Previous Owner Rose Frank $220,000
Previous Owner Woolwine Shane D $343,425
Previous Owner Engman Larry B $15,000
Previous Owner Engman Larry B $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $585,000 0.0% $330 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $585,000 +39.3% $330 / Sq Ft
10/13/2016 10/13/16 Sold $420,000 0.0% $237 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $420,000 +16.2% $237 / Sq Ft
09/12/2013 09/12/13 Sold $361,500 -1.0% $204 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
07/12/2013 07/12/13 Price Changed $365,000 -2.7% $206 / Sq Ft
06/06/2013 06/06/13 For Sale $375,000 -- $211 / 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 $6,715 $557,000 $175,000 $382,000
2024 $6,715 $519,833 $0 $0
2023 $6,264 $482,667 $0 $0
2022 $5,569 $445,500 $175,000 $270,500
2021 $5,208 $433,700 $0 $0
2020 $5,208 $421,900 $0 $0
2019 $4,351 $410,100 $175,000 $235,100
2018 $3,989 $379,467 $0 $0
2017 $3,709 $348,833 $0 $0
2016 -- $318,200 $0 $0
2015 $3,037 $314,400 $0 $0
2014 $3,037 $310,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2066932

Bright MLS

APN: 13-01224303