NOT LISTED FOR SALE

1622 Neely Rd Silver Spring, MD 20903

Oakview Neighborhood

Estimated Value: $356,000 - $497,118

3 Beds
1 Bath
1,066 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $230,000 $216 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,805/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Space For Rooms
  • Forced Air Heating and Cooling System
  • Roscoe R. Nix Elementary School Rated A-
  • No HOA

About This Home

As of May 2013

BACK ON MARKET - GREAT VALUE - Wow!!!!! Great price for this 3 level Colonial in Montgomery County. Home is approximately a mile from the University of Md and close to the beltway and 95 - short commute to Washington DC or Baltimore. Purchase for turn key investment (tenant in home) or to live in

Last Agent to Sell the Property

Matthew Green

RE/MAX Realty Services Listed on: 11/09/2012

RE/MAX Realty Services

Last Buyer's Agent

Cycrus Hailu

Fairfax Realty Premier License #0225201641

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,169

Year Built

  • Built in 1950

Lot Details

  • 6,380 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Space For Rooms

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 4
  • Assessor Parcel Number 160500300594

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,169

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1950
  • Remarks Public: BACK ON MARKET - GREAT VALUE - Wow!!!!! Great price for this 3 level Colonial in Montgomery County. Home is approximately a mile from the University of Md and close to the beltway and 95 - short commute to Washington DC or Baltimore. Purchase for turn key investment (tenant in home) or to live in
  • Special Assessment Payment: Annually
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Space For Rooms
  • Living Area Units: Square Feet
  • Street Number Modifier: 1622

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 372.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 72900.00
  • Land Assessed Value: 175500.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6380
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6380.00
  • Year Assessed: 2012
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13909827
  • Tax Annual Amount: 4169.39
  • Assessor Parcel Number: 160500300594
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1066
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 05/20/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2012
Closed on
May 20, 2013
Sold by
Latimer Alan B C
Bought by
Gebreal Anberbir D
Seller's Agent
Matthew Green
RE/MAX Realty Services
Buyer's Agent
Cycrus Hailu
Fairfax Realty Premier
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$439,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,280
Avg. Annual Appreciation
5.35%
Original Mortgage
$184,000
Interest Rate
3.45%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 3, 1994
Sold by
Saxton William H
Bought by
Latimer Alan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
8.4%
Source: Public Records

Range of Values:

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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
Gebreal Anberbir D $230,000 First American Title Co
Latimer Alan B $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebreal Anberbir D $155,000
Closed Gebreal Anberbir D $184,000
Previous Owner Latimer Alan B $100,000
Previous Owner Latimer Alan B C $220,000
Previous Owner Latimer Alan B $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $230,000 +0.4% $216 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $229,000 0.0% $215 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/09/2012 11/09/12 For Sale $229,000 -- $215 / 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 $4,553 $339,967 $0 $0
2023 $5,048 $324,400 $200,800 $123,600
2022 $3,340 $313,433 $0 $0
2021 $3,006 $302,467 $0 $0
2020 $3,006 $291,500 $200,800 $90,700
2019 $2,973 $291,500 $200,800 $90,700
2018 $2,948 $291,500 $200,800 $90,700
2017 $3,207 $310,400 $0 $0
2016 -- $289,733 $0 $0
2015 $4,169 $269,067 $0 $0
2014 $4,169 $248,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Green

    Seller's Agent in 2013

    Matthew Green

    RE/MAX

    (240) 418-0599

    52 Total Sales

    Section Image
  • Cycrus Hailu

    Buyer's Agent in 2013

    Cycrus Hailu

    Fairfax Realty Premier

    (240) 423-6060

    18 Total Sales

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Map

Source: Bright MLS

MLS Number: 1004219082

Bright MLS

APN: 05-00300594

Maryland Montgomery County Silver Spring 20903 Oakview

1622 Neely Rd, Silver Spring, MD

This home is located at 1622 Neely Rd, Silver Spring, MD 20903 since 09 November 2012 and is currently estimated at $439,280, approximately $412 per square foot. This property was built in 1950. 1622 Neely Rd is a home located in Montgomery County with nearby schools including Roscoe R. Nix Elementary School, Cresthaven Elementary School, and Francis Scott Key Middle School.

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