M
Seller's Agent in 2024
Mai Lu
Smart Realty, LLC
(301) 466-6864
1 in this area
23 Total Sales
1616 Gridley Ln Silver Spring, MD 20902
Estimated Value: $504,000 - $532,000
5
Beds
2
Baths
1,008
Sq Ft
$514/Sq Ft
Est. Value
Highlights
- Raised Ranch Architecture
- Central Air
- Heat Pump System
- No HOA
- Combination Dining and Living Room
About This Home
As of June 2024*AGENTS* ALL OFFERS TO BE SUBMITTED BY TUESDAY APRIL 30TH AT 3PM - ALL OFFERS TO INCLUDE OFFER SUMMARY PAGEWelcome home to this cozy single family in a nice neighborhood! Featuring a front porch with in and out ease for varying weather conditions. Natural light is easily accessible throughout most rooms. This house contains a living room with a fireplace and hardwood floor beneath the swift lock. The two bedrooms on the main floor have hardwood flooring. There are two full baths, one with a soaking tub, the other in the fully finished basement with bonus rooms. Additionally, there is a dining room as well as a sun room with a view of a flat, and spacious backyard. Only minutes to shopping, restaurants, and many commuter routes. Most importantly, there is no HOA!
Last Agent to Sell the Property
(301) 466-6864 mlu138@hotmail.com Smart Realty, LLC License #SP40001610 Listed on: 04/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,464
Year Built
- Built in 1950
Lot Details
- 6,133 Sq Ft Lot
- Property is zoned R60
Home Design
- Raised Ranch Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,008 Sq Ft Home
- Property has 2 Levels
- Brick Fireplace
- Combination Dining and Living Room
Bedrooms and Bathrooms
Finished Basement
- Connecting Stairway
- Laundry in Basement
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Chestnut Ridge Manor Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 161301224030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
Jun 11, 2024
Sold by
Nguyen Cuong and Le Mai T
Bought by
Andrade Villanueva Henrri E and Andrade Villanueva Cindy
Seller's Agent
Mai Lu
Smart Realty, LLC
Buyer's Agent
Nora Villegas
Fairfax Realty Select
List Price
$450,000
Sold Price
$515,000
Premium/Discount to List
$65,000
14.44%
Views
217
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,437
Avg. Annual Appreciation
0.50%
Original Mortgage
$499,550
Outstanding Balance
$493,175
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$25,262
Purchase Details
Closed on
Aug 13, 2013
Sold by
Nguyen Cuong and Le Mai T
Bought by
Le Mai T and Nguyen Cuoc B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Sep 29, 2009
Sold by
Torres Santos E and Torres Martha E
Bought by
Nguyen Cuong and Ler Mai T
Purchase Details
Closed on
Jan 18, 2007
Sold by
Figueroa Jesus
Bought by
Torres Santos E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 29, 2006
Sold by
Figueroa Jesus
Bought by
Torres Santos E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 8, 2002
Sold by
Moreno Carlos M and Moreno S
Bought by
Figueroa Jesus and Figueroa Martha
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Andrade Villanueva Henrri E | $515,000 | Doma Title | |
| Andrade Villanueva Henrri E | $515,000 | Doma Title | |
| Andrade Villanueva Henrri E | $515,000 | Realty Title | |
| Andrade Villanueva Henrri E | $515,000 | Realty Title | |
| Le Mai T | -- | None Available | |
| Nguyen Cuong | $260,000 | -- | |
| Torres Santos E | $400,000 | -- | |
| Torres Santos E | $400,000 | -- | |
| Figueroa Jesus | $185,990 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Andrade Villanueva Henrri E | $499,550 | |
| Closed | Andrade Villanueva Henrri E | $499,550 | |
| Previous Owner | Le Mai T | $197,000 | |
| Previous Owner | Torres Santos E | $80,000 | |
| Previous Owner | Torres Santos E | $320,000 | |
| Previous Owner | Torres Santos E | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2024 06/11/24 | Sold | $515,000 | +14.4% | $511 / Sq Ft |
| 05/08/2024 05/08/24 | Off Market | $450,000 | -- | -- |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 04/26/2024 04/26/24 | For Sale | $450,000 | -- | $446 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,166 | $417,300 | $179,300 | $238,000 |
| 2024 | $5,166 | $385,233 | $0 | $0 |
| 2023 | $5,464 | $353,167 | $0 | $0 |
| 2022 | $2,588 | $321,100 | $179,300 | $141,800 |
| 2021 | $3,410 | $318,400 | $0 | $0 |
| 2020 | $3,345 | $315,700 | $0 | $0 |
| 2019 | $3,889 | $313,000 | $179,300 | $133,700 |
| 2018 | $3,343 | $313,000 | $179,300 | $133,700 |
| 2017 | $3,947 | $313,000 | $0 | $0 |
| 2016 | $2,880 | $317,500 | $0 | $0 |
| 2015 | $2,880 | $309,033 | $0 | $0 |
| 2014 | $2,880 | $300,567 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mai Lu
-
Nora Villegas
Buyer's Agent in 2024
Nora Villegas
Fairfax Realty Select
(301) 651-9751
1 in this area
46 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2129800
APN: 13-01224030
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