NOT LISTED FOR SALE

1550 Ivystone Ct Silver Spring, MD 20904

Estimated Value: $520,000 - $591,000

3 Beds
3.5 Baths
2,117 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $510,000 $241 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,463/month

4 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Traditional Architecture
  • Springbrook High School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of March 2022

Welcome to this fully updated, elegant townhome in highly desired Oak Springs. Surrounded by mature trees and nature trails, this home provides a serene setting without sacrificing modern luxuries. Upon entering the home, you are welcomed into a spacious hardwood foyer with access to the formal living and dining rooms to your left. Each room features hardwood floors and crown molding. Making your way down the hall you pass the renovated powder room on your way to the spectacular gourmet eat-in kitchen with stone countertops, custom cabinetry, a deep sink, stainless steel appliances, island storage and under-cabinet accent lighting. Through the sliding glass door, you can enjoy meals from your private deck which backs up to an idyllic landscape of trees and parkland. Making your way upstairs, discover two spacious retreats each with dual closets, ceiling fans and ample space. The ensuite owner’s bath features an elegant dual vanity, custom cabinetry and oversized tiled shower with glass entry. An updated hallway full bath completes the second floor. The finished lower level includes a large room which can be utilized as a family room or third bedroom with a full bath, dedicated laundry room, gas fireplace and walk-out sliding door access to the backyard paver patio and gardens. Enjoy the ease of access to Paint Branch Hiking Trail, New Hampshire Avenue, the ICC as well as local shopping and dining.***Awesome Features***Thompson Creek Windows and gutters with lifetime transferable warranty***Garden window over kitchen sink perfect for herbs and flowers***Recent hardwood floors in foyer, living and dining room***Crown & dental molding in foyer, living and dining room***Wainscoting molding in foyer and dining rooms***Lower level walkout with family room/bedroom, gas fireplace and full bath***Rear paver patio, planting beds and a retaining wall, dedicated gas line for grill***WELCOME HOME!

Last Agent to Sell the Property

Robin Goelman

(301) 332-2036 robin.goelman@compass.com Compass License #200204033 Listed on: 02/24/2022

Compass

Co-Listed By

Susan Kirn

(443) 465-2912 susan.kirn@compass.com Compass

Last Buyer's Agent

Annabel Burch-Murton

(202) 285-7166 annabel@burchmurton.com Compass License #SP98364028

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,294

Year Built

  • Built in 1984

Lot Details

  • 1,650 Sq Ft Lot
  • Extensive Hardscape
  • Property is in excellent condition

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Dryer

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Cannon Road Elementary School
  • Francis Scott Key Middle School
  • Springbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 160502262772

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,294

Year Built

Built in 1984

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-02-24
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop - Down Draft, Disposal, Dishwasher, Dryer
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Chair Railings, Crown Moldings, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Recreation Room, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Walkout Level, Daylight, Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2310
  • Living Area Sq Ft: 2117
  • Price Per Sq Ft: 288.96
  • Above Grade Finished Sq Ft: 1540
  • Below Grade Finished Sq Ft: 577
  • Below Grade Sq Ft: 193
  • Total Below Grade Sq Ft: 770
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • 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

  • HOA Fees: 70.75
  • 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

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: CANNON ROAD
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 165700.00
  • Land Assessed Value: 161000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1650.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13913899
  • Tax Annual Amount: 4294.00
  • Assessor Parcel Number: 160502262772
  • Tax Lot: 182
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 25, 2022
Sold by
Satrom John B
Bought by
Fitzgibbons Matthew
Seller's Agent
Robin Goelman
Compass
Buyer's Agent
Annabel Burch-Murton
Compass
List Price
$445,000
Sold Price
$510,000
Premium/Discount to List
$65,000
14.61%
Current Estimated Value
$555,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,153
Avg. Annual Appreciation
2.33%
Original Mortgage
$465,600
Outstanding Balance
$437,399
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$117,754

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 30, 2020
Sold by
Mcclain Mark C and Hollingsworth Bruce
Bought by
Satrom Heather B and Satrom John B
Seller's Agent
Carolyn Sappenfield
TTR Sotheby's International Realty
Buyer's Agent
Brett Rubin
Compass
List Price
$399,000
Sold Price
$428,000
Premium/Discount to List
$29,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$321,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1998
Sold by
L Kenneth J and L Wilhelm S
Bought by
Mark C Mcclain
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fitzgibbons Matthew $510,000 Fidelity National Title
Satrom Heather B $428,000 Cla Title & Escrow
Mark C Mcclain $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgibbons Matthew $465,600
Previous Owner Satrom Heather B $321,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $510,000 +14.6% $241 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $445,000 +4.0% $210 / Sq Ft
07/30/2020 07/30/20 Sold $428,000 +7.3% $195 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $399,000 -- $182 / 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 $5,630 $482,133 -- --
2024 $5,630 $444,267 $0 $0
2023 $4,485 $406,400 $161,000 $245,400
2022 $3,954 $379,833 $0 $0
2021 $3,602 $353,267 $0 $0
2020 $3,278 $326,700 $161,000 $165,700
2019 $3,253 $326,700 $161,000 $165,700
2018 $3,234 $326,700 $161,000 $165,700
2017 $3,256 $329,700 $0 $0
2016 -- $316,600 $0 $0
2015 $3,262 $303,500 $0 $0
2014 $3,262 $290,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2038518

Bright MLS

APN: 05-02262772