NOT LISTED FOR SALE

1601 Hopefield Rd Silver Spring, MD 20905

Estimated Value: $641,766 - $703,000

4 Beds
4 Baths
2,684 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 15, 2016

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

Est. 59% increase in value since last sale

Current estimated payment $4,056/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

(301) 781-6747 amy.donley@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 05/17/2016

Long & Foster Real Estate, Inc.

Co-Listed By

James Donley

(301) 440-2538 james.donley@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ken Abramowitz

(301) 526-2380 homesbyken@gmail.com 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
  • 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

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
  • Main 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

  • 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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 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%
Current Estimated Value
$675,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,692
Avg. Annual Appreciation
5.05%
Original Mortgage
$417,302
Outstanding Balance
$330,464
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$345,228

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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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $6,276 $539,100 -- --
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

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Map

Source: Bright MLS

MLS Number: 1002428771

Bright MLS

APN: 05-00381624