NOT LISTED FOR SALE

1576 Ivystone Ct Silver Spring, MD 20904

Estimated Value: $514,000 - $535,000

3 Beds
3.5 Baths
2,376 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $330,000 $139 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,286/month

166 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Private Lot
  • Springbrook High School Rated A-
  • Property is near a park
  • Wooded Lot

About This Home

As of August 2016

Wonderful large end unit townhouse with country kitchen, separate formal dining room and huge living room with fireplace. Rec room in basement has 2nd wood burning fireplace with den/office that can be used as 4th bedroom with full bath on that level. Washer and dryer just 2 years old and many kitchen appliances upgraded. Multi-level deck wrapped by NW Branch Parkland with privacy galore!

Last Agent to Sell the Property

Gay Horney

Long & Foster Real Estate, Inc. Listed on: 01/01/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ashish Mehra

Ultra Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1984

Lot Details

  • 2,025 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Secluded Lot
  • Premium Lot
  • Corner Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Wood Flooring

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • Free Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater

Additional Features

  • Solar Water Heater
  • Property is near a park

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 168
  • Assessor Parcel Number 160502262635

Community Details

Overview

  • Association fees include common area maintenance, management, parking fee, snow removal, reserve funds
  • Oak Springs Th Owners Assoc Community
  • Oak Springs Subdivision

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,774

Year Built

Built in 1984

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2016-01-01
  • Year Built: 1984
  • Remarks Public: Wonderful large end unit townhouse with country kitchen, separate formal dining room and huge living room with fireplace. Rec room in basement has 2nd wood burning fireplace with den/office that can be used as 4th bedroom with full bath on that level. Washer and dryer just 2 years old and many kitchen appliances upgraded. Multi-level deck wrapped by NW Branch Parkland with privacy galore!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater - Solar
  • Interior Amenities: Kitchen - Country, Dining Area, Built-Ins, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Den, Foyer, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Heated, Improved, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2376
  • Living Area Sq Ft: 2376
  • Price Per Sq Ft: 211.49
  • Above Grade Finished Sq Ft: 1584
  • Below Grade Finished Sq Ft: 792
  • Total Below Grade Sq Ft: 792
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1576

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade, Shed
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick, Wood Siding
  • Exterior Features: Sidewalks, Street Lights
  • Pool Private: No
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street, Off Street

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 315.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Parking Fee, Snow Removal, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CANNON ROAD
  • Middle School: FRANCIS SCOTT KEY
  • High School: SPRINGBROOK
  • School District Key: 121138126809
  • Elementary School: CANNON ROAD
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Improvement Assessed Value: 178700.00
  • Land Assessed Value: 161000.00
  • Lot Features: Backs - Parkland, Backs To Trees, Cul-De-Sac, Corner, Premium, Trees/Wooded, Secluded, Private
  • Lot Size Acres: 0.05
  • Lot Size Area: 2025
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2025.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13847197
  • Tax Annual Amount: 3773.82
  • Assessor Parcel Number: 160502262635
  • Tax Lot: 168
  • Tax Total Finished Sq Ft: 1584
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 08/12/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2016
Closed on
Aug 12, 2016
Sold by
Schratz Paul R and Schratz Patricia E
Bought by
Jain Neha
Seller's Agent
Gay Horney
Long & Foster Real Estate, Inc.
Buyer's Agent
Ashish Mehra
Ultra Real Estate
List Price
$355,000
Sold Price
$330,000
Premium/Discount to List
-$25,000
-7.04%
Current Estimated Value
$524,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,428
Avg. Annual Appreciation
5.41%
Original Mortgage
$313,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Schratz Paul R
Bought by
Schratz Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 10, 2007
Sold by
Schratz Paul R
Bought by
Schratz Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Jain Neha $330,000 First American Title Ins Co
Schratz Paul R -- --
Schratz Paul R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Neha $300,000
Closed Jain Neha $313,500
Previous Owner Schratz Paul R $218,000
Previous Owner Schratz Paul R $210,000
Previous Owner Schratz Paul R $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $330,000 -1.5% $139 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
04/20/2016 04/20/16 Price Changed $335,000 +3.1% $141 / Sq Ft
03/14/2016 03/14/16 Price Changed $325,000 -5.8% $137 / Sq Ft
01/20/2016 01/20/16 Price Changed $345,000 -2.8% $145 / Sq Ft
01/01/2016 01/01/16 For Sale $355,000 0.0% $149 / Sq Ft
03/27/2015 03/27/15 Rented $1,850 -7.3% --
03/24/2015 03/24/15 Under Contract -- -- --
10/22/2014 10/22/14 For Rent $1,995 +5.3% --
03/15/2012 03/15/12 Rented $1,895 -5.0% --
03/01/2012 03/01/12 Under Contract -- -- --
09/21/2011 09/21/11 For Rent $1,995 -- --
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 $4,574 $366,533 -- --
2024 $4,574 $352,467 $0 $0
2023 $3,702 $338,400 $161,000 $177,400
2022 $3,497 $338,400 $161,000 $177,400
2021 $3,431 $338,400 $161,000 $177,400
2020 $3,431 $340,600 $161,000 $179,600
2019 $3,403 $340,300 $0 $0
2018 $3,380 $340,000 $0 $0
2017 $3,439 $339,700 $0 $0
2016 $4,051 $325,967 $0 $0
2015 $4,051 $312,233 $0 $0
2014 $4,051 $298,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002394993

Bright MLS

APN: 05-02262635