NOT LISTED FOR SALE

1601 Oakview Dr Silver Spring, MD 20903

Oakview Neighborhood

Estimated Value: $505,000 - $563,000

3 Beds
2.5 Baths
1,520 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $450,000 $296 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,168/month

17 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Springbrook High School Rated A-
  • No HOA
  • Ceiling Fan

About This Home

As of July 2021

Beautiful corner lot brick home in an excellent convenient location. Only few minutes to I-495 & shopping centers. Many updates: All new paints, new dishwasher, washer & dryer are 4yrs, all windows, roof & AC are 6years, kitchen appliances, gas furnace & hot water heater, gutter & downspouts are 10yrs . Long driveway, walk-out balcony on upper level, hardwood floors, fireplace in the living room & spacious basement exit to the fenced backyard.

Last Agent to Sell the Property

Sara Nguyen

(301) 938-2988 saranguyen7@gmail.com RE/MAX Excellence Realty Listed on: 05/28/2021

Last Buyer's Agent

Kiros Asmamaw

(202) 207-6036 kasmamaw@gmail.com Heymann Realty, LLC License #595185

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,956

Year Built

  • Built in 1950

Lot Details

  • 6,430 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R60

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Oakview Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 160500297688

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,956

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Rear Entrance, Sump Pump, Walkout Stairs, Windows
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 358.20
  • Above Grade Finished Sq Ft: 1256
  • Below Grade Finished Sq Ft: 264
  • Below Grade Sq Ft: 464
  • Total Below Grade Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • 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: Brick, Aluminum Siding
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 150600.00
  • Land Assessed Value: 201100.00
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6430.00
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13909737
  • Tax Annual Amount: 3956.00
  • Assessor Parcel Number: 160500297688
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 12, 2021
Sold by
Vanle Thanh and Le Danny
Bought by
Yigzaw Eyasu Kassahun and Ragassa Biru Meseret
Seller's Agent
Sara Nguyen
RE/MAX Excellence Realty
Buyer's Agent
Kiros Asmamaw
Heymann Realty, LLC
List Price
$484,900
Sold Price
$450,000
Premium/Discount to List
-$34,900
-7.2%
Current Estimated Value
$523,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,695
Avg. Annual Appreciation
3.47%
Original Mortgage
$360,000
Outstanding Balance
$326,794
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$196,901

Purchase Details

Closed on
May 25, 2010
Sold by
Garcia Zelaya Jose Orlando
Bought by
Vanvanle Thanh Van

Purchase Details

Closed on
Dec 13, 2006
Sold by
Rivera Adan P and Rivera Vilma J
Bought by
Garci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 8, 2006
Sold by
Rivera Adan P and Rivera Vilma J
Bought by
Garci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 2, 2004
Sold by
Rivera Adan P
Bought by
Rivera Adan P and Rivera Vilma J

Purchase Details

Closed on
Jan 23, 2004
Sold by
Rivera Adan P
Bought by
Rivera Adan P and Rivera Vilma J

Purchase Details

Closed on
Jul 18, 2000
Sold by
Plowman Ronald L and Plowman F S
Bought by
Rivera Adan P
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
Yigzaw Eyasu Kassahun $450,000 Avalon Settlements Inc
Vanvanle Thanh Van $240,000 --
Garci $470,000 --
Garci $470,000 --
Rivera Adan P -- --
Rivera Adan P -- --
Rivera Adan P -- --
Rivera Adan P -- --
Rivera Adan P $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yigzaw Eyasu Kassahun $360,000
Previous Owner Garci $94,000
Previous Owner Garci $376,000
Previous Owner Garci $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $450,000 0.0% $296 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $449,900 -7.2% $296 / Sq Ft
05/28/2021 05/28/21 For Sale $484,900 -- $319 / 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 $5,090 $405,633 -- --
2024 $5,090 $378,667 $0 $0
2023 $4,063 $351,700 $201,100 $150,600
2022 $3,695 $338,333 $0 $0
2021 $7,177 $324,967 $0 $0
2020 $3,299 $311,600 $201,100 $110,500
2019 $3,265 $311,600 $201,100 $110,500
2018 $3,240 $311,600 $201,100 $110,500
2017 $3,354 $334,300 $0 $0
2016 -- $311,033 $0 $0
2015 $3,102 $287,767 $0 $0
2014 $3,102 $264,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sara Nguyen

    Seller's Agent in 2021

    Sara Nguyen

    RE/MAX

    (301) 938-2988

    1 in this area

    52 Total Sales

    Sara Nguyen
    Section Image
  • Kiros Asmamaw

    Buyer's Agent in 2021

    Kiros Asmamaw

    Heymann Realty, LLC

    (202) 207-6036

    6 in this area

    129 Total Sales

    Kiros Asmamaw
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC761260

Bright MLS

APN: 05-00297688

Maryland Montgomery County Silver Spring 20903 Oakview

1601 Oakview Dr, Silver Spring, MD

Not Listed for Sale

Detached

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