NOT LISTED FOR SALE

1531 Foster Rd Silver Spring, MD 20905

Estimated Value: $607,000 - $678,000

4 Beds
2.5 Baths
1,980 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $540,000 $273 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,018/month

90 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • No HOA
  • Cloverly Elementary School Rated A-
  • Main Floor Bedroom
  • Upgraded Countertops

About This Home

As of November 2022

Located in beautiful Good Hope Estates, this house is surrounded by nature, parks, and a great sense of community. With the newly built Good Hope Neighborhood Recreation Center with sports, fitness, and social activities and the Spencerville Local Park with cricket, baseball, and soccer fields as well as tennis and basketball courts all within walking/biking distance, this community has a lot to offer. The quiet
tree lined streets are serene and walkable and a good place to see and meet neighbors.
OPEN HOUSE SATURDAY 9/24- 12-2 PM
OPEN HOUSE SUNDAY 9/25- 12-3 PM

Last Agent to Sell the Property

Ashwini (Bunty) Gulati

Samson Properties Listed on: 08/04/2022

Samson Properties

Last Buyer's Agent

Rene Hernandez

Long & Foster Real Estate, Inc. License #519957

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,159

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 4 Levels
  • Traditional Floor Plan
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Basement Windows

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160501774897

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,159

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Shed
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2022-08-04
  • Federal Flood Zone: No
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Located in beautiful Good Hope Estates, this house is surrounded by nature, parks, and a great sense of community. With the newly built Good Hope Neighborhood Recreation Center with sports, fitness, and social activities and the Spencerville Local Park with cricket, baseball, and soccer fields as well as tennis and basketball courts all within walking/biking distance, this community has a lot to offer. The quiet tree lined streets are serene and walkable and a good place to see and meet neighbors. OPEN HOUSE SATURDAY 9/24- 12-2 PM OPEN HOUSE SUNDAY 9/25- 12-3 PM
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Icemaker, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Traditional, Carpet
  • Window Features: Insulated
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass, Storm
  • Foundation Details: Slab
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished, Improved, Windows
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 277.78
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1531

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • 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 Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Brick
  • Roof: Composite
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 288.20
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Other

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 116170.00
  • Land Assessed Value: 240120.00
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RE1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13844264
  • Tax Annual Amount: 4158.55
  • Assessor Parcel Number: 160501774897
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2012
Closed on
May 24, 2012
Sold by
Harris George F S and Harris Joy A
Bought by
Luke Julian V and Leas Victoria M
Seller's Agent
Eleanor Hawkins
Long & Foster Real Estate, Inc.
Buyer's Agent
Suu O'Keefe
Long & Foster Real Estate, Inc.
List Price
$415,000
Sold Price
$386,000
Premium/Discount to List
-$29,000
-6.99%
Current Estimated Value
$651,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,125
Avg. Annual Appreciation
3.87%
Original Mortgage
$308,800
Outstanding Balance
$216,461
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$424,588
Source: Public Records

Range of Values:

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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
Luke Julian V $386,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luke Julian V $308,800
Previous Owner Harris George F $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $540,000 -1.8% $273 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $549,999 -2.7% $278 / Sq Ft
09/15/2022 09/15/22 Price Changed $564,999 -5.8% $285 / Sq Ft
08/19/2022 08/19/22 For Sale $599,999 +11.1% $303 / Sq Ft
08/15/2022 08/15/22 Off Market $540,000 -- --
08/12/2022 08/12/22 Price Changed $599,999 -4.6% $303 / Sq Ft
08/04/2022 08/04/22 For Sale $629,000 +63.0% $318 / Sq Ft
04/30/2012 04/30/12 Sold $386,000 -2.4% --
03/14/2012 03/14/12 Pending -- -- --
02/01/2012 02/01/12 Price Changed $395,500 -4.7% --
01/09/2012 01/09/12 For Sale $415,000 +7.5% --
01/09/2012 01/09/12 Off Market $386,000 -- --
01/08/2012 01/08/12 For Sale $415,000 -- --
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 $5,729 $488,200 -- --
2024 $5,729 $458,800 $0 $0
2023 $6,059 $429,400 $221,300 $208,100
2022 $4,412 $425,600 $0 $0
2021 $4,250 $421,800 $0 $0
2020 $4,250 $418,000 $221,300 $196,700
2019 $4,133 $408,733 $0 $0
2018 $4,030 $399,467 $0 $0
2017 $4,007 $390,200 $0 $0
2016 -- $367,533 $0 $0
2015 $3,467 $344,867 $0 $0
2014 $3,467 $322,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2060986

Bright MLS

APN: 05-01774897