NOT LISTED FOR SALE

2001 Wallace Ave Silver Spring, MD 20902

Estimated Value: $625,000 - $702,743

4 Beds
3.5 Baths
2,345 Sq Ft
$286/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2021

Last sale price $577,700 $246 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,186 / mo

5 Days on Market

Highlights

  • 0.25 Acre Lot
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2021

This stunning move-in ready 4 bed 3.5 bath single-family home is located in the sought-after Glen Allen community. The property boasts many recent updates, including newer appliances, a newer roof, fresh paint, new carpet, and more. The main level includes an updated kitchen with access to an entertainment-sized deck, large dining and family rooms, a half bath, and a large bedroom with a full bath. Upstairs there are three additional bedrooms and two recently renovated full bathrooms. Great location and mere moments from shops, parks, grocery, restaurants, I495, the library, Metro, Brookside Gardens, and much more. Must see!

Last Agent to Sell the Property

Matthew Modesitt

(301) 434-4065 ngreen@hsmove.com HomeSmart Listed on: 05/06/2021

HomeSmart

Last Buyer's Agent

Andy Rubin

(301) 774-5900 remaxandyrubin@gmail.com RE/MAX Realty Centre, Inc. License #653678

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1993

Lot Details

  • 10,935 Sq Ft Lot
  • Property is zoned R90

Home Design

  • Shingle Roof

Interior Spaces

  • 2,345 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Glen Allen Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 161302968578

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,191

Year Built

Built in 1993

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-06
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2345
  • Living Area Sq Ft: 2345
  • Price Per Sq Ft: 223.88
  • Above Grade Finished Sq Ft: 2345
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Forced Air
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 260200.00
  • Land Assessed Value: 179900.00
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10935.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14064897
  • Tax Annual Amount: 5191.00
  • Assessor Parcel Number: 161302968578
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 27, 2021
Sold by
Bought by
Seller's Agent
Matthew Modesitt
HomeSmart
Buyer's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
List Price
$525,000
Sold Price
$577,700
Premium/Discount to List
$52,700
10.04%
Current Estimated Value
$670,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,486
Avg. Annual Appreciation
2.97%
Original Mortgage
$542,250
Outstanding Balance
$490,940
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,246

Purchase Details

Closed on
Dec 1, 2010
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$577,700 First Title & Escrow Inc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $542,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $577,700 +10.0% $246 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $525,000 -- $224 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,870 $610,100 $179,900 $430,200
2024 $7,102 $553,433 $0 $0
2023 $5,589 $496,767 $0 $0
2022 $4,818 $440,100 $179,900 $260,200
2020 $4,596 $429,100 $0 $0
2019 $4,500 $423,600 $179,900 $243,700
2018 $4,310 $408,533 $0 $0
2017 $4,128 $393,467 $0 $0
2016 -- $378,400 $0 $0
2015 $4,386 $378,400 $0 $0
2014 $4,386 $378,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Modesitt

    Seller's Agent in 2021

    Matthew Modesitt

    HomeSmart

    (240) 449-9384

    1 in this area

    68 Total Sales

    Matthew Modesitt
    Section Image
  • Andy Rubin

    Buyer's Agent in 2021

    Andy Rubin

    RE/MAX

    (301) 385-1524

    89 Total Sales

    Andy Rubin
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC756122

Bright MLS

APN: 13-02968578

Maryland Montgomery County Silver Spring 20902

2001 Wallace Ave, Silver Spring, MD

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