NOT LISTED FOR SALE

16509 Magnolia Ct Silver Spring, MD 20905

Estimated Value: $646,000 - $701,786

3 Beds
2 Baths
2,498 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $580,000 $232 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,213/month

9 Days on Market

Highlights

  • Filtered Pool
  • 0.93 Acre Lot
  • No HOA
  • Cloverly Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Direct Access Garage

About This Home

As of November 2021

An Oasis in Silver Spring! Welcome to this wonderful all brick home on nearly an acre. Set on a private cul-de-sac, serenity abounds on a private rear deck overlooking a spacious rear lot surrounded by trees and nature and the glistening fully fenced in-ground pool. The main level hosts a generous living room which leads to a separate private dining room. The tablespace kitchen leads to the multi-level rear deck. All three bedrooms on the main level are sizeable and filled with natural light. You'll enjoy a generous family room with a wood-burning stove in the full daylight lower level with separate laundry room 7 storage and access to the garage and rear. This home has comfort and charm that is hard to find these days. A single owner who has lovingly maintained this home since its inception. This is a home you'll want to buy! Excellent commuter location, 1-year home warranty included.

Last Agent to Sell the Property

Adam Virkus

RE/MAX Realty Centre, Inc. Listed on: 09/23/2021

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Andres Mejia

Keller Williams Capital Properties

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,624

Year Built

  • Built in 1976

Lot Details

  • 0.93 Acre Lot
  • Property is zoned RC

Parking

  • 2 Car Direct Access Garage
  • 5 Driveway Spaces
  • Basement Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Natural lighting in basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Filtered Pool
  • In Ground Pool
  • Vinyl Pool
  • Fence Around Pool

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Millgrove Gardens Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 28
  • Assessor Parcel Number 160500342213

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,624

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-09-24
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Remarks Public: An Oasis in Silver Spring! Welcome to this wonderful all brick home on nearly an acre. Set on a private cul-de-sac, serenity abounds on a private rear deck overlooking a spacious rear lot surrounded by trees and nature and the glistening fully fenced in-ground pool. The main level hosts a generous living room which leads to a separate private dining room. The tablespace kitchen leads to the multi-level rear deck. All three bedrooms on the main level are sizeable and filled with natural light. You'll enjoy a generous family room with a wood-burning stove in the full daylight lower level with separate laundry room 7 storage and access to the garage and rear. This home has comfort and charm that is hard to find these days. A single owner who has lovingly maintained this home since its inception. This is a home you'll want to buy! Excellent commuter location, 1-year home warranty included.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Full Bath
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 2856
  • Living Area Sq Ft: 2498
  • Price Per Sq Ft: 413.10
  • Above Grade Finished Sq Ft: 1428
  • Below Grade Finished Sq Ft: 1070
  • Below Grade Sq Ft: 358
  • Total Below Grade Sq Ft: 1428
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16509

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Features: Fenced, Filtered, In Ground, Vinyl
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Basement Garage, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 152000.00
  • Land Assessed Value: 300700.00
  • Land Use Code: 011
  • Lot Size Acres: 0.93
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40511.00
  • Year Assessed: 2021
  • Zoning: RC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13840650
  • Tax Annual Amount: 5624.00
  • Assessor Parcel Number: 160500342213
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 2498
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/08/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 17, 2021
Sold by
Bailey Gerald C and Bailey Joan A
Bought by
Mejia Fernando Antonio and Delrojas Maria Del
Seller's Agent
Adam Virkus
RE/MAX Realty Centre, Inc.
Buyer's Agent
Andres Mejia
Keller Williams Capital Properties
List Price
$589,900
Sold Price
$580,000
Premium/Discount to List
-$9,900
-1.68%
Current Estimated Value
$674,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,197
Avg. Annual Appreciation
3.52%
Original Mortgage
$464,000
Outstanding Balance
$427,297
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$234,608
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mejia Fernando Antonio $580,000 Kvs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Fernando Antonio $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $580,000 -1.7% $232 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $589,900 -- $236 / 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 $6,561 $541,833 -- --
2024 $6,561 $519,167 $0 $0
2023 $4,679 $496,500 $270,500 $226,000
2022 $4,336 $481,900 $0 $0
2021 $4,144 $467,300 $0 $0
2020 $3,981 $452,700 $300,700 $152,000
2019 $3,909 $446,733 $0 $0
2018 $3,854 $440,767 $0 $0
2017 $4,457 $434,800 $0 $0
2016 -- $413,300 $0 $0
2015 $4,470 $391,800 $0 $0
2014 $4,470 $370,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2016790

Bright MLS

APN: 05-00342213