NOT LISTED FOR SALE

1723 Loft Way Silver Spring, MD 20904

Estimated Value: $706,428 - $779,000

5 Beds
3.5 Baths
2,308 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $510,000 $221 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,524/month

60 Days on Market

Highlights

  • 0.22 Acre Lot
  • Colonial Architecture
  • Traditional Floor Plan
  • James Hubert Blake High School Rated A
  • Deck
  • Wood Flooring

About This Home

As of November 2018

Pending Release. Spacious, pristine dutch colonial w/all new high-end carpet, refinished hardwoods, fresh paint, granite kit, FR w/FP, MBR w/sitting room, fully finished w/o LL w/BR, full bath and wet bar, deck overlooking beautifully landscaped, fenced yard. Located on a no-thru street close to ICC, public trans., shopping.

Last Agent to Sell the Property

Lisa Brady

(301) 742-5472 lisa.brady@lnf.com Long & Foster Real Estate, Inc. Listed on: 06/14/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Brendan Brady

(301) 275-7077 brendan.brady@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Thomas Cole

(240) 475-5969 thomas.cole@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,407

Year Built

  • Built in 1984

Lot Details

  • 9,750 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped
  • No Through Street
  • Property is zoned R90

Parking

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

Home Design

  • Colonial Architecture
  • Shake Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 2,308 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Chair Railings
  • Crown Molding
  • Fireplace Mantel
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump
  • Basement Windows

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Fairland Elementary School
  • Briggs Chaney Middle School
  • James Hubert Blake High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rolling Acres Subdivision

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 160502059472

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,407

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-06-14
  • Federal Flood Zone: No
  • Year Built: 1984
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading
  • Interior Amenities: Attic, Kitchen - Eat-In, Family Room Off Kitchen, Dining Area, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Equipment, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Outside Entrance, Sump Pump, Fully Finished, Walkout Level, Windows, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 2308
  • Living Area Sq Ft: 2308
  • Price Per Sq Ft: 224.87
  • Above Grade Finished Sq Ft: 2308
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stone, Aluminum Siding
  • Roof: Shake
  • 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
  • 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: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: FAIRLAND
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 221900.00
  • Land Assessed Value: 206500.00
  • Lot Features: Cul-De-Sac, Landscaping, No Thru Street
  • Lot Size Acres: 0.22
  • Lot Size Area: 9750
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9750.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13845663
  • Tax Annual Amount: 5406.54
  • Assessor Parcel Number: 160502059472
  • Tax Lot: 108
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Nov 6, 2018
Sold by
Beatty Robert E
Bought by
King James R and King Audrey M
Seller's Agent
Lisa Brady
Long & Foster Real Estate, Inc.
Buyer's Agent
Thomas Cole
Long & Foster Real Estate, Inc.
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%
Current Estimated Value
$738,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,357
Avg. Annual Appreciation
5.37%
Original Mortgage
$500,762
Outstanding Balance
$447,343
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$291,014
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
King James R $510,000 Sage Title Gorup Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King James R $500,762
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2018 11/06/18 Sold $510,000 -1.7% $221 / Sq Ft
10/21/2018 10/21/18 For Sale $519,000 0.0% $225 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/13/2018 08/13/18 Pending -- -- --
08/04/2018 08/04/18 Price Changed $519,000 -1.1% $225 / Sq Ft
07/12/2018 07/12/18 Price Changed $525,000 -2.8% $227 / Sq Ft
06/22/2018 06/22/18 For Sale $539,900 +5.9% $234 / Sq Ft
06/14/2018 06/14/18 Off Market $510,000 -- --
06/14/2018 06/14/18 For Sale $539,900 0.0% $234 / Sq Ft
11/01/2015 11/01/15 Rented $2,800 0.0% --
10/26/2015 10/26/15 Under Contract -- -- --
08/28/2015 08/28/15 For Rent $2,800 -- --
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 $7,638 $636,100 -- --
2024 $7,638 $610,700 $0 $0
2023 $8,015 $585,300 $206,500 $378,800
2022 $5,724 $533,000 $0 $0
2021 $5,083 $480,700 $0 $0
2020 $4,472 $428,400 $206,500 $221,900
2019 $4,444 $428,400 $206,500 $221,900
2018 $5,119 $428,400 $206,500 $221,900
2017 $4,489 $446,900 $0 $0
2016 -- $418,267 $0 $0
2015 $4,657 $389,633 $0 $0
2014 $4,657 $361,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001819654

Bright MLS

APN: 05-02059472