NOT LISTED FOR SALE

1601 Gridley Ln Silver Spring, MD 20902

Estimated Value: $442,000 - $479,000

2 Beds
1 Bath
932 Sq Ft
$501/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $300,000 $322 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,884/month

Highlights

  • Rambler Architecture
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Double Pane Windows

About This Home

As of February 2016

Move Right In! Convenient 1 Level Living! Charming Front Porch! Private Yard w/ Patio & Off St Pkng for 4 Cars. Totally Updated! New Roof 06, Furnace 06, Siding & Gutters w/ Guards 08, New Handicap Accessible Bath in 07 & Many Additional Accessible Modifications. Completely New Kitchen 2010! Updated Electrical, Freshly Painted, Landscaped, Living Rm w/ Firplace (New Damper & Flue Liner 05) & More!

Last Agent to Sell the Property

Kathy Whalen

(240) 793-6880 kathy@kathywhalen.com Compass License #305821 Listed on: 10/15/2015

Compass

Last Buyer's Agent

Matthew Murton

(301) 461-4201 Matt@smartlivingexperts.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,422

Year Built

  • Built in 1950

Lot Details

  • 6,783 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 932 Sq Ft Home
  • Property has 1 Level
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Instant Hot Water

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Wheelchair Height Mailbox
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Chestnut Ridge Manor Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 161301222838

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,422

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 32"+ Wide Doors, Level Entry - Main, Wheelchair Height Mailbox
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2015-10-16
  • Year Built: 1950
  • Remarks Public: Move Right In! Convenient 1 Level Living! Charming Front Porch! Private Yard w/ Patio & Off St Pkng for 4 Cars. Totally Updated! New Roof 06, Furnace 06, Siding & Gutters w/ Guards 08, New Handicap Accessible Bath in 07 & Many Additional Accessible Modifications. Completely New Kitchen 2010! Updated Electrical, Freshly Painted, Landscaped, Living Rm w/ Firplace (New Damper & Flue Liner 05) & More!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Freezer, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Instant Hot Water
  • Interior Amenities: Dining Area, Entry Level Bedroom, Crown Moldings, Window Treatments, Chair Railings, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 932
  • Living Area Sq Ft: 932
  • Price Per Sq Ft: 332.51
  • Above Grade Finished Sq Ft: 932
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1601

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Shed
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Monthly Average Electric: 90
  • Previous Twelve Months Electric Expense: 1080.00
  • Gas Avg Month: 70.00
  • Gas Prev12 Months: 840.00
  • 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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 91700.00
  • Land Assessed Value: 181900.00
  • Lot Features: Corner
  • Lot Size Acres: 0.16
  • Lot Size Area: 6783
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6783.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R60

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14025097
  • Tax Annual Amount: 3422.07
  • Assessor Parcel Number: 161301222838
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 932
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/25/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Feb 25, 2016
Sold by
Ridenour Benjamin C and Ridenour Patricia S
Bought by
Heintz Howard T
Seller's Agent
Kathy Whalen
Compass
Buyer's Agent
Matthew Murton
Compass
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Current Estimated Value
$467,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,078
Avg. Annual Appreciation
4.70%
Original Mortgage
$200,000
Outstanding Balance
$159,032
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$308,046

Purchase Details

Closed on
Jan 5, 2005
Sold by
Mcaree Gerald N and Mcaree L L
Bought by
Schmidt Patricia S and Ridenour Benjamin C
Source: Public Records

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
Heintz Howard T $300,000 Fidelity Natl Title Ins Co
Schmidt Patricia S $300,000 --
Schmidt Patricia S $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heintz Howard T $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $300,000 -3.2% $322 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/12/2016 01/12/16 Price Changed $309,900 -1.6% $333 / Sq Ft
10/15/2015 10/15/15 For Sale $315,000 -- $338 / 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 $4,891 $376,900 $181,900 $195,000
2024 $4,891 $361,367 $0 $0
2023 $4,688 $345,833 $0 $0
2022 $2,662 $330,300 $181,900 $148,400
2021 $4,101 $318,300 $0 $0
2020 $3,140 $306,300 $0 $0
2019 $3,766 $294,300 $181,900 $112,400
2018 $3,664 $287,400 $0 $0
2017 $3,615 $280,500 $0 $0
2016 $2,539 $273,600 $0 $0
2015 $2,539 $269,167 $0 $0
2014 $2,539 $264,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Whalen

    Seller's Agent in 2016

    Kathy Whalen

    Compass

    (240) 793-6880

    10 in this area

    114 Total Sales

    Kathy Whalen
    Section Image
  • Matthew Murton

    Buyer's Agent in 2016

    Matthew Murton

    Compass

    (301) 461-4201

    41 Total Sales

    Matthew Murton
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002380409

Bright MLS

APN: 13-01222838

Maryland Montgomery County Silver Spring 20902

1601 Gridley Ln, Silver Spring, MD

This home is located at 1601 Gridley Ln, Silver Spring, MD 20902 since 15 October 2015 and is currently estimated at $467,078, approximately $501 per square foot. This property was built in 1950. 1601 Gridley Ln is a home located in Montgomery County with nearby schools including Glen Haven Elementary School, Sligo Middle School, and Northwood High School.

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