NOT LISTED FOR SALE

2 Farmcrest Ct Silver Spring, MD 20905

Estimated Value: $386,000 - $437,000

3 Beds
2.5 Baths
1,220 Sq Ft
$339/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $265,000 $217 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,594/month

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Dr. Charles R. Drew Elementary School Rated A
  • Brick Front

About This Home

As of June 2016

Excellent opportunity! Brick Front End Unit Townhome in Oak Springs. Property features 3bed/2.5 baths, eat-in updated kitchen with granite countertops, separate dining room, finished basement with rec-room and half bath, fenced yard and brick patio. Right next to the Tot Lot. Convenient location: close proximity to shopping and dining. Sale is part of the 1031 exchange.

Last Agent to Sell the Property

Pennye Green

(202) 247-5668 pennye.greenteam@gmail.com Long & Foster Real Estate, Inc. License #301403 Listed on: 05/04/2016

Long & Foster Real Estate, Inc.

Co-Listed By

Nadia Aminov

(571) 331-9745 nadia.aminov@gmail.com Long & Foster Real Estate, Inc. License #0225083579

Last Buyer's Agent

Lorena Rojas

(240) 505-9389 rojaslorena4@gmail.com Freedom Choice Realty LLC License #622411

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1983

Lot Details

  • 2,250 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Schools

  • Francis Scott Key Middle School
  • Springbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 160502188027

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,511

Year Built

Built in 1983

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1983
  • Remarks Public: Excellent opportunity! Brick Front End Unit Townhome in Oak Springs. Property features 3bed/2.5 baths, eat-in updated kitchen with granite countertops, separate dining room, finished basement with rec-room and half bath, fenced yard and brick patio. Right next to the Tot Lot. Convenient location: close proximity to shopping and dining. Sale is part of the 1031 exchange.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 85.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Middle School: FRANCIS SCOTT KEY
  • High School: SPRINGBROOK
  • School District Key: 121138126809
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Improvement Assessed Value: 96400.00
  • Land Assessed Value: 138000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13846753
  • Tax Annual Amount: 2511.49
  • Assessor Parcel Number: 160502188027
  • Tax Lot: 102
  • Tax Total Finished Sq Ft: 1220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/17/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 16, 2016
Sold by
Vohra Bhagwant R and Vohra Kamla
Bought by
Landivar Nva Ceilan H and Landivar De Nava Ana P
Seller's Agent
Pennye Green
Long & Foster Real Estate, Inc.
Buyer's Agent
Lorena Rojas
Freedom Choice Realty LLC
List Price
$259,990
Sold Price
$265,000
Premium/Discount to List
$5,010
1.93%
Current Estimated Value
$413,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,555
Avg. Annual Appreciation
4.89%
Original Mortgage
$260,200
Outstanding Balance
$208,297
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$205,258
Source: Public Records

Range of Values:

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Average Value
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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
Landivar Nva Ceilan H $265,000 Fatico
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landivar Nva Ceilan H $260,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $265,000 0.0% $217 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
05/06/2016 05/06/16 Price Changed $264,990 +1.9% $217 / Sq Ft
05/04/2016 05/04/16 For Sale $259,990 0.0% $213 / Sq Ft
12/14/2014 12/14/14 Rented $1,850 0.0% --
12/14/2014 12/14/14 Under Contract -- -- --
08/27/2014 08/27/14 For Rent $1,850 -- --
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 $3,794 $329,667 -- --
2024 $3,794 $298,633 $0 $0
2023 $2,726 $267,600 $138,000 $129,600
2022 $2,535 $262,767 $0 $0
2021 $2,359 $257,933 $0 $0
2020 $2,359 $253,100 $138,000 $115,100
2019 $2,278 $246,867 $0 $0
2018 $2,206 $240,633 $0 $0
2017 $2,184 $234,400 $0 $0
2016 -- $219,667 $0 $0
2015 $2,923 $204,933 $0 $0
2014 $2,923 $190,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002425941

Bright MLS

APN: 05-02188027