NOT LISTED FOR SALE

2001 Powder Mill Rd Silver Spring, MD 20903

Estimated Value: $430,000 - $530,869

3 Beds
2 Baths
1,235 Sq Ft
$387/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $230,000 $186 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,930/month

10 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Springbrook High School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2012

HUD OWNED HOME SOLD AS IS. CASE #249-483207. PLEASE VISIT HUDHOMESTORECOM FOR OFFER INSTRUCTIONS. AGENTS USE YOUR HUD KEY TO SHOW. 2 LEVEL 3 BR AND 2 BA SINGLE FAMILY AND SOUGHT AFTER HILLANDALE FOREST. PLEASE USE CAUTION AS DISCOLORATION IS PRESENT. MANAGED BY MMREMCOM

Last Agent to Sell the Property

Cal Salehi

(301) 377-4838 cal@districtbrokers.com Team Reyes Inc. Listed on: 02/07/2012

Last Buyer's Agent

Hailu Aichehi

(240) 491-1769 hailulegesse@gmail.com Heymann Realty, LLC License #637365

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,923

Year Built

  • Built in 1956

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Finished Basement
  • Rear Basement Entry

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160500309242

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,923

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 372.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

  • Improvement Assessed Value: 91420.00
  • Land Assessed Value: 233480.00
  • Lot Size Acres: 0.35
  • Lot Size Area: 15169
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15169.00
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13838368
  • Tax Annual Amount: 3922.85
  • Assessor Parcel Number: 160500309242
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2012
Closed on
May 16, 2012
Sold by
Secretary Department Of Housing & Urban
Bought by
Akakpo Julienne
Seller's Agent
Cal Salehi
Team Reyes Inc.
Buyer's Agent
Hailu Aichehi
Heymann Realty, LLC
List Price
$186,000
Sold Price
$230,000
Premium/Discount to List
$44,000
23.66%
Current Estimated Value
$477,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,717
Avg. Annual Appreciation
5.48%
Original Mortgage
$170,000
Outstanding Balance
$118,774
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$358,943

Purchase Details

Closed on
May 4, 2011
Sold by
Cole Oretha T and Cole Leo H
Bought by
Secretary Of Housing & Urban Development
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Akakpo Julienne $230,000 First American Title Ins Co
Secretary Of Housing & Urban Development $274,488 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akakpo Julienne $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2012 04/18/12 Sold $230,000 +23.7% $186 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $186,000 -- $151 / 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 $5,126 $376,833 -- --
2024 $5,126 $375,867 $0 $0
2023 $5,086 $374,900 $215,700 $159,200
2022 $4,695 $360,800 $0 $0
2021 $4,277 $346,700 $0 $0
2020 $4,277 $332,600 $215,700 $116,900
2019 $4,240 $332,600 $215,700 $116,900
2018 $3,524 $332,600 $215,700 $116,900
2017 $3,615 $335,800 $0 $0
2016 -- $310,000 $0 $0
2015 $3,231 $284,200 $0 $0
2014 $3,231 $258,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Cal Salehi

    Team Reyes Inc.

    (301) 377-4838

    1 in this area

    52 Total Sales

    Cal Salehi
    Section Image
  • Hailu Aichehi

    Buyer's Agent in 2012

    Hailu Aichehi

    Heymann Realty, LLC

    (240) 491-1769

    24 Total Sales

    Hailu Aichehi
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003844924

Bright MLS

APN: 05-00309242

Maryland Montgomery County Silver Spring 20903

2001 Powder Mill Rd, Silver Spring, MD

Not Listed for Sale

Detached

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