NOT LISTED FOR SALE

1705 Loft Way Silver Spring, MD 20904

Estimated Value: $705,000 - $792,000

5 Beds
3.5 Baths
3,734 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 13, 2012

Last sale price $425,000 $114 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,473/month

13 Days on Market

Highlights

  • Second Kitchen
  • 0.4 Acre Lot
  • Deck
  • James Hubert Blake High School Rated A
  • Colonial Architecture
  • Premium Lot

About This Home

As of June 2012

EXCITING AND IMMACULATE 2 STORY COLONIAL ON CULDESAC FACING PAINT BRANCH PARK INCREDIBLE BREATHTAKING REAR FENCED YARD! 2 DECKS.FOYER ENTRY/FULL LENGTH WINDOWS HARDWOOD FLOORS/REMODELED KITCHEN WITH GRANITE/FREE STANDING ISL/CUSTOM PANTRY GAS STOVE/FULL FINISHED LOWER LEVEL W 5TH BR AND 3RD FULL BATH -DAYLIGHT WALKOUT/LOTS STORAGE.NO PETS/SMOKE/FINISHED GARAGE SELLER TO PAY $15000 CLOSING

Last Agent to Sell the Property

Timothy Gallagher

Long & Foster Real Estate, Inc. Listed on: 03/06/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ana Soto

Fairfax Realty Premier License #638892

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1985

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped
  • Premium Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Concrete Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Storage Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Shelving
  • Basement Windows

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rolling Acres Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 111
  • Assessor Parcel Number 160502059506
  • $406 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,672

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1985
  • Remarks Public: EXCITING AND IMMACULATE 2 STORY COLONIAL ON CULDESAC FACING PAINT BRANCH PARK INCREDIBLE BREATHTAKING REAR FENCED YARD! 2 DECKS.FOYER ENTRY/FULL LENGTH WINDOWS HARDWOOD FLOORS/REMODELED KITCHEN WITH GRANITE/FREE STANDING ISL/CUSTOM PANTRY GAS STOVE/FULL FINISHED LOWER LEVEL W 5TH BR AND 3RD FULL BATH -DAYLIGHT WALKOUT/LOTS STORAGE.NO PETS/SMOKE/FINISHED GARAGE SELLER TO PAY $15000 CLOSING
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Humidifier, Microwave, Oven/Range - Gas, Refrigerator, Washer, Washer - Front Loading
  • Interior Amenities: 2nd Kitchen, Family Room Off Kitchen, Kitchen - Island, Kitchen - Table Space, Dining Area, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Crown Moldings, Window Treatments, Upgraded Countertops, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer, In-Law/AuPair/Suite, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Full, Full, Fully Finished, Heated, Improved, Shelving, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 3734
  • Living Area Sq Ft: 3734
  • Price Per Sq Ft: 183.73
  • Above Grade Finished Sq Ft: 2501
  • Below Grade Finished Sq Ft: 1233
  • Total Below Grade Sq Ft: 1233
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1705

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Road Surface Type: Black Top
  • Roof: Concrete, Fiberglass
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 283.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Fencing: Fully, Rear
  • Improvement Assessed Value: 194130.00
  • Land Assessed Value: 254620.00
  • Lot Features: Cul-De-Sac, Landscaping, Premium
  • Lot Size Acres: 0.40
  • Lot Size Area: 17557
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17557.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13845665
  • Tax Annual Amount: 5672.37
  • Assessor Parcel Number: 160502059506
  • Tax Lot: 111
  • Tax Total Finished Sq Ft: 2049
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 06/13/2012

Multi Family

  • Front Foot Fee: 405.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jun 11, 2012
Sold by
Sartain Ronald B and Sartain Linda L
Bought by
Faustin David and Faustin Yolaine
Seller's Agent
Timothy Gallagher
Long & Foster Real Estate, Inc.
Buyer's Agent
Ana Soto
Fairfax Realty Premier
List Price
$459,500
Sold Price
$425,000
Premium/Discount to List
-$34,500
-7.51%
Total Days on Market
13
Current Estimated Value
$736,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,327
Avg. Annual Appreciation
4.11%
Original Mortgage
$414,226
Outstanding Balance
$293,077
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$424,088

Purchase Details

Closed on
Dec 18, 2003
Sold by
Longo Vincenzo G
Bought by
Sartain Ronald B and Sartain Linda L
Source: Public Records

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Range of Values:

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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
Faustin David $425,000 Realty Title Services Inc
Sartain Ronald B $443,000 --
Sartain Ronald B $443,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faustin David $414,226
Previous Owner Sartain Ronald B $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2012 06/13/12 Sold $425,000 -7.5% $114 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $459,500 -- $123 / 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 $6,775 $535,733 $0 $0
2023 $5,838 $516,500 $227,400 $289,100
2022 $5,244 $489,467 $0 $0
2021 $2,274 $462,433 $0 $0
2020 $4,549 $435,400 $227,400 $208,000
2019 $4,522 $435,400 $227,400 $208,000
2018 $4,504 $435,400 $227,400 $208,000
2017 $4,779 $452,600 $0 $0
2016 -- $425,500 $0 $0
2015 $4,980 $398,400 $0 $0
2014 $4,980 $371,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003882174

Bright MLS

APN: 05-02059506