NOT LISTED FOR SALE

1811 Arcola Ave Silver Spring, MD 20902

Estimated Value: $617,000 - $694,000

4 Beds
3 Baths
1,828 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 07, 2012

Last sale price $350,000 $191 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,054/month

162 Days on Market

Highlights

  • 0.56 Acre Lot
  • 1 Fireplace
  • Ceiling Fan
  • Colonial Architecture
  • Central Air
  • Baseboard Heating

About This Home

As of August 2012

FABULOUS PRICE REDUCTION!!!Approved HAFA Short Sale. The status is accurate and disclosures are uploaded in MRIS under "View Documents". Est.Property Taxes & Non-Tax Charges in 1st Fiscal Yr. of Ownership are $5140.57

Last Agent to Sell the Property

Catalina Sandoval

(301) 536-3560 catalina@thesandovalgroup.com RE/MAX Realty Centre, Inc. License #597597 Listed on: 10/10/2011

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Joe Vincent

(240) 426-0689 joevincent@realtor.com Keller Williams Realty Centre License #79088

Keller Williams Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,279

Year Built

  • 1938

Lot Details

  • 0.56 Acre Lot
  • Property is zoned R90

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Utilities

  • Central Air
  • Radiator
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161301395785

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,279

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Full, Fully Finished, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Refuse: 372.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 217700.00
  • Land Assessed Value: 220900.00
  • Lot Size Acres: 0.56
  • Lot Size Area: 24493
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24493.00
  • Zoning: R90

Tax Info

  • Assessor Parcel Number: 14041804
  • Tax Annual Amount: 6278.64
  • Assessor Parcel Number: 161301395785
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2011
Closed on
Aug 6, 2012
Sold by
Lopez Demetrio and Lopez Maria
Bought by
Lewis Gregory A and Lewis Edwina J
Seller's Agent
Catalina Sandoval
RE/MAX Realty Centre, Inc.
Buyer's Agent
Joe Vincent
Keller Williams Realty Centre
List Price
$444,000
Sold Price
$350,000
Premium/Discount to List
-$94,000
-21.17%
Current Estimated Value
$658,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,918
Avg. Annual Appreciation
4.83%
Original Mortgage
$343,660
Interest Rate
3.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2005
Sold by
Romano Francesco and Romano M
Bought by
Lopez Demetrio B and Lopez Maria O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 8, 2005
Sold by
Romano Francesco and Romano M
Bought by
Lopez Demetrio B and Lopez Maria O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lewis Gregory A $350,000 Old Republic
Lopez Demetrio B $515,000 --
Lopez Demetrio B $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Gregory A $343,660
Previous Owner Lopez Demetrio B $359,000
Previous Owner Lopez Demetrio B $359,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2012 08/07/12 Sold $350,000 -2.8% $191 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
02/03/2012 02/03/12 Price Changed $359,900 -5.3% $197 / Sq Ft
01/25/2012 01/25/12 Price Changed $379,900 -4.8% $208 / Sq Ft
01/06/2012 01/06/12 Price Changed $399,000 -10.1% $218 / Sq Ft
10/10/2011 10/10/11 For Sale $444,000 -- $243 / 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 $7,338 $582,600 $220,900 $361,700
2024 $7,338 $550,200 $0 $0
2023 $6,229 $517,800 $0 $0
2022 $5,557 $485,400 $220,900 $264,500
2021 $5,311 $479,933 $0 $0
2020 $5,311 $474,467 $0 $0
2019 $5,209 $469,000 $220,900 $248,100
2018 $5,116 $462,600 $0 $0
2017 $5,126 $456,200 $0 $0
2016 -- $449,800 $0 $0
2015 $4,449 $446,067 $0 $0
2014 $4,449 $442,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004547762

Bright MLS

APN: 13-01395785