NOT LISTED FOR SALE

16516 Magnolia Ct Silver Spring, MD 20905

Estimated Value: $698,000 - $778,000

4 Beds
3 Baths
3,284 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $560,000 $171 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,578/month

4 Days on Market

Highlights

  • 0.77 Acre Lot
  • Open Floorplan
  • Deck
  • Cloverly Elementary School Rated A-
  • Dual Staircase
  • Traditional Architecture

About This Home

As of December 2020

NEWLY UPDATED AND RENOVATED!! (Vacant home, easy to show, abide by Covid-19 protocol)Looking for the conveniences of city of life with quiet and peaceful surroundings or rural living....look no further! Welcome to this renovated and expanded 4 bedroom, 3 full bath colonial, situated on a quiet cul-de-sac, on over 3/4 of an acre lot, set up perfectly for outdoor entertaining! This stunning home features NEW paint and carpet throughout, and an expansive main level with a renovated, table space kitchen with NEW Granite counters, microwave, sink and faucet, loads of upgraded cabinets for an abundance of storage space, large formal dining room with hardwood floors, spacious living room with wood burning fireplace and NEW recessed lighting and carpet and an enormous family room addition flooded with natural light and space for home office or perfect for indoor entertaining. The upper level features a spacious owners suite with large walk-in closet and fully renovated, en-suite bath with walk-in shower with sliding glass doors, 2 more spacious bedrooms with NEW carpet, paint and lighting and large second full bath with Jacuzzi soaking tub with ceramic tile surround and dual sink vanity. Walk out lower level features 4th bedroom/office with ceramic tiled floor and private entrance, along with entryway to large, oversized 1 car garage with room for storage. Your exterior includes another covered parking space along with room for 8 or more spaces for parking on driveway and pad, spectacular wrap around deck for outdoor entertainment, an enormous outdoor shed, to meet all your outdoor storage needs, playground and custom built children's playhouse. All this and located just moments to shopping, parks, golf, major driving routes and more......WELCOME HOME!

Last Agent to Sell the Property

Marc Luger

Keller Williams Capital Properties Listed on: 11/20/2020

Keller Williams Capital Properties

Co-Listed By

Catherine Carroll

Weichert, REALTORS

Last Buyer's Agent

David silva

Samson Properties License #671673

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 1974 | Remodeled in 2020

Lot Details

  • 0.77 Acre Lot
  • Property is in excellent condition
  • Property is zoned RC

Parking

  • 1 Car Direct Access Garage
  • 8 Driveway Spaces
  • Basement Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Brick Fireplace
  • Bay Window
  • Sliding Windows
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Garage Access

Home Security

  • Storm Windows
  • Flood Lights

Outdoor Features

  • Deck
  • Exterior Lighting
  • Wood or Metal Shed
  • Outbuilding
  • Playground
  • Play Equipment
  • Wrap Around Porch

Schools

  • Cloverly Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Horse Facilities and Amenities

  • Run-In Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Perc Approved Septic
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Millgrove Gardens Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 160500342086

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,702

Year Built

Built in 1974 | Remodeled in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-11-21
  • Federal Flood Zone: No
  • Year Built: 1974
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: NEWLY UPDATED AND RENOVATED!! (Vacant home, easy to show, abide by Covid-19 protocol)Looking for the conveniences of city of life with quiet and peaceful surroundings or rural living....look no further! Welcome to this renovated and expanded 4 bedroom, 3 full bath colonial, situated on a quiet cul-de-sac, on over 3/4 of an acre lot, set up perfectly for outdoor entertaining! This stunning home features NEW paint and carpet throughout, and an expansive main level with a renovated, table space kitchen with NEW Granite counters, microwave, sink and faucet, loads of upgraded cabinets for an abundance of storage space, large formal dining room with hardwood floors, spacious living room with wood burning fireplace and NEW recessed lighting and carpet and an enormous family room addition flooded with natural light and space for home office or perfect for indoor entertaining. The upper level features a spacious owners suite with large walk-in closet and fully renovated, en-suite bath with walk-in shower with sliding glass doors, 2 more spacious bedrooms with NEW carpet, paint and lighting and large second full bath with Jacuzzi soaking tub with ceramic tile surround and dual sink vanity. Walk out lower level features 4th bedroom/office with ceramic tiled floor and private entrance, along with entryway to large, oversized 1 car garage with room for storage. Your exterior includes another covered parking space along with room for 8 or more spaces for parking on driveway and pad, spectacular wrap around deck for outdoor entertainment, an enormous outdoor shed, to meet all your outdoor storage needs, playground and custom built children's playhouse. All this and located just moments to shopping, parks, golf, major driving routes and more......WELCOME HOME!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Dryer, Dryer - Electric, Microwave, Oven - Single, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Kitchen - Island, Additional Stairway, Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting, Skylight(s), Soaking Tub, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow, Skylights, Sliding, Storm
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Walkout Level, Partial, Interior Access, Improved, Heated, Garage Access
  • Laundry Type: Has Laundry, Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3284
  • Living Area Sq Ft: 3284
  • Price Per Sq Ft: 207.83
  • Above Grade Finished Sq Ft: 2644
  • Below Grade Finished Sq Ft: 640
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16516

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Run-in Shed, Shed, Wood/Metal Shed
  • Construction Materials: Brick, Combination
  • Exterior Features: Bump-Outs, Exterior Lighting, Flood Lights, Outbuilding(s), Play Area, Play Equipment, Secure Storage
  • 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: Paved Driveway
  • Garage Features: Additional Storage Area, Basement Garage, Covered Parking, Garage - Side Entry, Inside Access, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Driveway, Off Street, Attached Garage
  • Number of Spaces in Driveway: 8

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Perc Approved Septic, Private Sewer
  • Utilities: Electric Available, Cable Tv Available, Cable Tv, Phone Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CLOVERLY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 186900.00
  • Land Assessed Value: 290300.00
  • Land Use Code: 011
  • Lot Size Acres: 0.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33547.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RC
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13910960
  • Tax Annual Amount: 5702.00
  • Assessor Parcel Number: 160500342086
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 2644
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/29/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 21, 2020
Sold by
Hinchcliffe Robert and Hinchcliffe Katherine S
Bought by
Figueroa Amparito Francisca Bueco and Figueroa Brayan Antoni
Seller's Agent
Marc Luger
Keller Williams Capital Properties
Buyer's Agent
David silva
Samson Properties
List Price
$549,500
Sold Price
$560,000
Premium/Discount to List
$10,500
1.91%
Current Estimated Value
$736,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,351
Avg. Annual Appreciation
5.67%
Original Mortgage
$448,000
Outstanding Balance
$400,479
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$324,524

Purchase Details

Closed on
Aug 26, 2002
Sold by
Clark Dale Thomas
Bought by
Hinchcliffe Robert & Katherine Sb

Purchase Details

Closed on
Jan 7, 2000
Sold by
Clark Dale T and Clark L K
Bought by
Clark Dale Thomas
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
Figueroa Amparito Francisca Bueco $560,000 Rgs Title
Hinchcliffe Robert & Katherine Sb $296,000 --
Clark Dale Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Amparito Francisca Bueco $448,000
Previous Owner Hinchcliffe Robert $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $560,000 +1.9% $171 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $549,500 0.0% $167 / Sq Ft
09/02/2017 09/02/17 Rented $2,500 0.0% --
09/01/2017 09/01/17 Under Contract -- -- --
08/23/2017 08/23/17 For Rent $2,500 -- --
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 $6,875 $568,500 -- --
2024 $6,875 $534,600 $0 $0
2023 $2,874 $500,700 $261,100 $239,600
2022 $5,393 $492,867 $0 $0
2021 $5,810 $485,033 $0 $0
2020 $5,810 $477,200 $290,300 $186,900
2019 $5,702 $469,400 $0 $0
2018 $5,617 $461,600 $0 $0
2017 $5,415 $453,800 $0 $0
2016 -- $428,167 $0 $0
2015 $5,295 $402,533 $0 $0
2014 $5,295 $376,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC734266

Bright MLS

APN: 05-00342086