Seller's Agent in 2024
Coley Reed
Long & Foster
(301) 674-2829
2 in this area
571 Total Sales
1817 Arcola Ave Silver Spring, MD 20902
Estimated Value: $675,000 - $745,000
4
Beds
3.5
Baths
3,053
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Gourmet Country Kitchen
- Deck
- Recreation Room
- View of Trees or Woods
- Property is near park
- Rambler Architecture
About This Home
As of February 2024Bathed in natural light, this updated and expanded raised rambler boasts generous entertaining spaces both inside and out! Perfectly perched on nearly a half-acre fenced lot that backs onto Wheaton Regional Park, the home features 4 bedrooms, 3.5 baths, a huge family room addition with cathedral ceilings and two walls of windows, a generous kitchen with breakfast room, a center island and plenty of gathering space, the separate dining room, and the living room with a fireplace. Note the fresh paint throughout, the gleaming wood floors in most main-level rooms, the new carpet on the lower level, and new light fixtures. The lower level has a den, half bath, a large paneled rec room, plus an addition with two more bedrooms, another full bath, and an outside entrance. The wonderful yard has an enormous concrete terrace and a fenced-in gazebo to take in the private, green garden and treed view while enjoying summer meals and fall coffee. Great location near Wheaton Regional Park entrance, Wheaton library, and Metro/mall nearby! This home is a gem!
Offers due no later than 12 noon on Monday, Feb. 5th. Pre-inspections encouraged.
Great below-market interest rates are available for this home through the new "Community" program with Prosperity Home Mortgage as well a program at Chase Mortgage that if buyer qualifies they may be able to get a $7500 closing cost credit- - ask us for details, and we'll connect you to one of our lenders.
Last Agent to Sell the Property
(301) 674-2829 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254 Listed on: 02/02/2024
Last Buyer's Agent
(301) 204-4230 yurygaramyan@gmail.com Jason Mitchell Real Estate Virginia, LLC License #0225248176
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,975
Year Built
- Built in 1952
Lot Details
- 0.45 Acre Lot
- Back Yard Fenced
- Backs to Trees or Woods
- Property is in very good condition
- Property is zoned R90
Property Views
- Woods
- Garden
Home Design
- Rambler Architecture
- Permanent Foundation
- Frame Construction
Interior Spaces
- Property has 2 Levels
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace Mantel
- Family Room
- Living Room
- Formal Dining Room
- Library
- Recreation Room
- Storage Room
- Wood Flooring
Kitchen
- Gourmet Country Kitchen
- Breakfast Room
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Interior Basement Entry
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Outdoor Features
- Deck
- Screened Patio
- Terrace
- Gazebo
Location
- Property is near park
Schools
- Kemp Mill Elementary School
- Odessa Shannon Middle School
- Northwood High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Arcola Subdivision
- Property is near a preserve or public land
Listing and Financial Details
- Tax Lot P1
- Assessor Parcel Number 161301094856
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2024
Closed on
Feb 19, 2024
Sold by
Hartzell Richard L and Gonzalez Cynthia Elaine
Bought by
Ostapchuk Yuri and Orlovska Victoria
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Yury Garamyan
Jason Mitchell Real Estate Virginia, LLC
List Price
$635,000
Sold Price
$711,000
Premium/Discount to List
$76,000
11.97%
Views
147
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,304
Avg. Annual Appreciation
-0.41%
Original Mortgage
$604,350
Outstanding Balance
$593,650
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$112,046
Purchase Details
Closed on
Mar 9, 1990
Bought by
Hartzell Richard L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ostapchuk Yuri | $711,000 | Westcor Land Title Insurance C | |
| Ostapchuk Yuri | $711,000 | Westcor Land Title Insurance C | |
| Hartzell Richard L | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ostapchuk Yuri | $604,350 | |
| Closed | Ostapchuk Yuri | $604,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $711,000 | +12.0% | $233 / Sq Ft |
| 02/05/2024 02/05/24 | Pending | -- | -- | -- |
| 02/02/2024 02/02/24 | For Sale | $635,000 | -- | $208 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,446 | $528,900 | $215,000 | $313,900 |
| 2024 | $6,446 | $490,500 | $0 | $0 |
| 2023 | $5,283 | $452,100 | $0 | $0 |
| 2022 | $4,586 | $413,700 | $215,000 | $198,700 |
| 2021 | $4,457 | $412,667 | $0 | $0 |
| 2020 | $4,457 | $411,633 | $0 | $0 |
| 2019 | $4,408 | $410,600 | $215,000 | $195,600 |
| 2018 | $4,326 | $405,267 | $0 | $0 |
| 2017 | $4,336 | $399,933 | $0 | $0 |
| 2016 | -- | $394,600 | $0 | $0 |
| 2015 | $3,604 | $382,967 | $0 | $0 |
| 2014 | $3,604 | $371,333 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Coley Reed
-
Yury Garamyan
Buyer's Agent in 2024
Yury Garamyan
Jason Mitchell Real Estate Virginia, LLC
(301) 204-4230
1 in this area
103 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2118086
APN: 13-01094856
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