$250,000
SOLD MAY 1, 2019

1704 Arcola Ave Silver Spring, MD 20902

3 Beds
2 Baths
1,073 Sq Ft
9,466 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

16% Below List Price

Highlights

  • Cape Cod Architecture
  • No HOA
  • Hot Water Heating System
  • 1 Fireplace
  • More Than Two Accessible Exits
  • Asbestos

About This Home

As of May 2019

Cape Cod in a wonderful neighborhood. Almost a quarter of an acre lot. Needs a lot of work but has great potential. Sold "As is" Huge backyard for entertaining. Ideal for investors or someone that wants to create their dream home.

Last Agent to Sell the Property

Randy Perrin

(202) 744-5845 buyahome4you@aol.com Washington Area Properties, LLC License #BR215251 Listed on: 12/07/2018

Last Buyer's Agent

Esha Siraj

(301) 219-7764 esha@quickhbuyers.com EXP Realty, LLC License #637723

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 1934

Lot Details

  • 9,466 Sq Ft Lot
  • Property is zoned R90

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Asbestos

Interior Spaces

  • 1,073 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • More Than Two Accessible Exits
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Wheaton Out Res. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161303181501

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,301

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1934
  • Remarks Public: Cape Cod in a wonderful neighborhood. Almost a quarter of an acre lot. Needs a lot of work but has great potential. Sold "As is" Huge backyard for entertaining. Ideal for investors or someone that wants to create their dream home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1073
  • Living Area Sq Ft: 1073
  • Price Per Sq Ft: 256.29
  • Above Grade Finished Sq Ft: 1073
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1704

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • 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

Utilities

  • Refuse: 385.04
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • 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
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 62400.00
  • Land Assessed Value: 192200.00
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9466.00
  • Year Assessed: 2018
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14068647
  • Tax Annual Amount: 3301.00
  • Assessor Parcel Number: 161303181501
  • Tax Total Finished Sq Ft: 1073
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/01/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
May 1, 2019
Sold by
Cassanello Luisa Belinda and Barnston Charles Kennard
Bought by
415 Hillsboro Drive Llc
Seller's Agent
Randy Perrin
Washington Area Properties, LLC
Buyer's Agent
Esha Siraj
EXP Realty, LLC
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Current Estimated Value
$858,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,220
Avg. Annual Appreciation
19.97%
Original Mortgage
$140,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2016
Closed on
Nov 28, 2016
Sold by
Fannie Mae
Bought by
Cassanello Luisa Belinda and Barnston Charles Kennard
Seller's Agent
Randy Perrin
Washington Area Properties, LLC
Buyer's Agent
Randy Perrin
Washington Area Properties, LLC
List Price
$300,000
Sold Price
$266,070
Premium/Discount to List
-$33,930
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.51%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Garcia Oscar
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 11, 1996
Sold by
Stein Alan D and Stein D D
Bought by
Garcia Oscar
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $250,000 Express Title Company
Special Warranty Deed $288,750 Servicelink
Trustee Deed $250,000 Attorney
Deed $127,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $140,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Rented $3,985 0.0% --
05/03/2022 05/03/22 For Rent $3,985 0.0% --
05/01/2019 05/01/19 Sold $250,000 -9.1% $233 / Sq Ft
03/06/2019 03/06/19 Price Changed $275,000 -8.0% $256 / Sq Ft
12/07/2018 12/07/18 For Sale $299,000 +12.4% $279 / Sq Ft
11/16/2016 11/16/16 Sold $266,070 -11.3% $248 / Sq Ft
10/13/2016 10/13/16 Price Changed $300,000 +12.8% $280 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
10/03/2016 10/03/16 Off Market $266,070 -- --
06/16/2016 06/16/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $300,000 -- $280 / 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 $8,180 $646,400 $192,300 $454,100
2024 $8,180 $614,700 $0 $0
2023 $7,792 $583,000 $0 $0
2022 $7,109 $551,300 $192,300 $359,000
2021 $4,467 $192,267 $0 $0
2020 $3,379 $256,067 $0 $0
2019 $3,328 $254,600 $192,200 $62,400
2018 $3,302 $254,600 $192,200 $62,400
2017 $2,724 $254,600 $0 $0
2016 -- $256,300 $0 $0
2015 $2,538 $256,300 $0 $0
2014 $2,538 $256,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC388748

Bright MLS

APN: 13-03181501