NOT LISTED FOR SALE

1601 Hopefield Rd Silver Spring, MD 20905

Estimated Value: $665,913 - $729,000

4 Beds
4 Baths
2,684 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $425,000 $158 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,405/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Premium Lot
  • Wood Flooring
  • Cloverly Elementary School Rated A-
  • Traditional Floor Plan
  • 2 Fireplaces

About This Home

As of August 2016

Stately colonial boasts 4 bedrooms, 2 full and 2 half baths, 2 brick wood burning fireplaces, main and upper level hardwood floors, updated bathrooms, updated windows, freshly painted, fully finished lower level with walkout to (green house as-is), fenced back yard with extensive landscaping. Country like setting, yet close to all major highways and Cloverly Shopping Center

Last Agent to Sell the Property

Amy Donley

Long & Foster Real Estate, Inc. Listed on: 05/17/2016

Long & Foster Real Estate, Inc.

Co-Listed By

James Donley

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ken Abramowitz

RE/MAX Town Center License #636973

RE/MAX Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,585

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Premium Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Crown Molding
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Eat-In Country Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Basement with some natural light

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Cloverly Elementary School
  • Briggs Chaney Middle School
  • Northeast Area High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1
  • Assessor Parcel Number 160500381624

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,585

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1971
  • Remarks Public: Stately colonial boasts 4 bedrooms, 2 full and 2 half baths, 2 brick wood burning fireplaces, main and upper level hardwood floors, updated bathrooms, updated windows, freshly painted, fully finished lower level with walkout to (green house as-is), fenced back yard with extensive landscaping. Country like setting, yet close to all major highways and Cloverly Shopping Center
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Wall, Range Hood, Refrigerator, Washer
  • Interior Amenities: Kitchen - Country, Dining Area, Kitchen - Eat-In, Crown Moldings, Primary Bath(s), Window Treatments, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Equipment, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Sun/Florida Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Daylight, Partial, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2684
  • Living Area Sq Ft: 2684
  • Price Per Sq Ft: 215.68
  • Above Grade Finished Sq Ft: 1984
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1601

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Shingle
  • 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: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CLOVERLY
  • Middle School: BRIGGS CHANEY
  • High School: NORTHEAST AREA
  • School District Key: 121138126809
  • Elementary School: CLOVERLY
  • High School: NORTHEAST AREA
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 185800.00
  • Land Assessed Value: 224600.00
  • Lot Features: Premium, Landscaping
  • Lot Size Acres: 0.31
  • Lot Size Area: 13291
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13291.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: RE1

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13911985
  • Tax Annual Amount: 4584.96
  • Assessor Parcel Number: 160500381624
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1984
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 08/15/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Aug 11, 2016
Sold by
Davis Ronald E
Bought by
Sowa Martha and Sowa Amadu
Seller's Agent
Amy Donley
Long & Foster Real Estate, Inc.
Buyer's Agent
Ken Abramowitz
RE/MAX Town Center
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Total Days on Market
38
Current Estimated Value
$693,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,478
Avg. Annual Appreciation
5.74%
Original Mortgage
$417,302
Outstanding Balance
$336,843
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$357,522

Purchase Details

Closed on
Oct 22, 2013
Sold by
Davis Ronald E and Davis Lois
Bought by
Davis Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,100
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 2003
Sold by
Mcney Robert O and Mcney D J
Bought by
Davis Ronald E and Davis Lois
Source: Public Records

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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
Sowa Martha $425,000 Home First Title Group Llc
Davis Ronald E -- American Home Title Group In
Davis Ronald E $380,000 --
Davis Ronald E $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sowa Martha $417,302
Previous Owner Davis Ronald E $326,100
Previous Owner Davis Lois $348,000
Previous Owner Davis Ronald E $100,000
Previous Owner Davis Ronald E $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $425,000 -5.6% $158 / Sq Ft
08/01/2016 08/01/16 Price Changed $450,000 0.0% $168 / Sq Ft
08/01/2016 08/01/16 For Sale $450,000 +5.2% $168 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/14/2016 06/14/16 Price Changed $427,900 -2.8% $159 / Sq Ft
06/01/2016 06/01/16 Price Changed $440,000 -2.2% $164 / Sq Ft
05/26/2016 05/26/16 Price Changed $450,000 -4.2% $168 / Sq Ft
05/17/2016 05/17/16 For Sale $469,900 -- $175 / 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
2024 $6,276 $506,300 $0 $0
2023 $5,183 $473,500 $224,600 $248,900
2022 $4,890 $468,933 $0 $0
2021 $4,711 $464,367 $0 $0
2020 $4,711 $459,800 $224,600 $235,200
2019 $4,514 $443,333 $0 $0
2018 $4,333 $426,867 $0 $0
2017 $4,234 $410,400 $0 $0
2016 -- $398,300 $0 $0
2015 $3,803 $386,200 $0 $0
2014 $3,803 $374,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Donley

    Seller's Agent in 2016

    Amy Donley

    Long & Foster

    (301) 781-6747

    8 in this area

    80 Total Sales

    Amy Donley
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    James Donley

    Long & Foster

    (301) 440-2538

    8 in this area

    67 Total Sales

    James Donley
    Section Image
  • Ken Abramowitz

    Buyer's Agent in 2016

    Ken Abramowitz

    RE/MAX

    (301) 526-2380

    3 in this area

    465 Total Sales

    Ken Abramowitz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002428771

Bright MLS

APN: 05-00381624

Maryland Montgomery County Silver Spring 20905

1601 Hopefield Rd, Silver Spring, MD

This home is located at 1601 Hopefield Rd, Silver Spring, MD 20905 since 17 May 2016 and is currently estimated at $693,478, approximately $258 per square foot. This property was built in 1971. 1601 Hopefield Rd is a home located in Montgomery County with nearby schools including Cloverly Elementary School, Briggs Chaney Middle School, and Paint Branch High School.

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