NOT LISTED FOR SALE

2002 Derby Ridge Ln Unit 4 Silver Spring, MD 20910

Estimated Value: $443,000 - $601,000

3 Beds
3 Baths
1,680 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $502,500 $299 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,323/month

About This Home

This 2BR 2BA plus Den/Office 3 level town home in the Saddle Ridge Community will be available on December 1, 2023. This very well maintained town home is in a highly sought-after location with easy access to Metro, public transportation, Rock Creek Park, and both Silver Spring, Bethesda and DC hot-spots. This community is tucked away in a quiet setting with a tree lined rear yard and deck, and moments to Parkway Deli. (a DC landmark), Rock Creek Sports Club, The Daily Dish to name a few. The main level features a fully updated kitchen with ceramic tile flooring, Corinan counter tops and stainless appliances, bright lighting and open access to the dining room, living room with wood burning fire place and hardwood flooring, rear exit to fenced deck and woods and a powder room. The upper level features 2 bedrooms and 1 full bath with wood flooring. The master bedroom is spacious with double closets and en-suite. The fully finished lower level has a Den/Office (possible 3rd bedroom) large recreation room with custom built in cabinets, full bath, separate laundry room, additional cabinet storage along with storage under the stairs and separate utility/HVAC room. Utilities are separate and paid by tenant and includes water and electric. Choose whatever cable/internet services you desire, but no satellite dishes can be installed on the roof or any part of the home itself.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Cyr Kyle and Howard Mary Elizabeth
Bought by
Km Saddle Ridge Holdings Llc
Current Estimated Value
$536,565

Purchase Details

Listed on
Mar 6, 2019
Closed on
Apr 18, 2019
Sold by
Tappis Rachel Tolbert and Tappis Christopher
Bought by
Cyr Kyle and Howard Mary Elizabeth
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
Cindy Souza
Long & Foster Real Estate, Inc.
List Price
$480,000
Sold Price
$502,500
Premium/Discount to List
$22,500
4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Original Mortgage
$452,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2013
Closed on
Jan 31, 2013
Sold by
Reaves Louise E
Bought by
Tappis Rachel Tolbert and Tappis Christopher
Seller's Agent
Tom Williams
TTR Sotheby's International Realty
Buyer's Agent
Tom Williams
TTR Sotheby's International Realty
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$417,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2007
Sold by
Gray Virginia
Bought by
Reaves Louise E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 27, 2007
Sold by
Gray Virginia
Bought by
Reaves Louise E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 2005
Sold by
Miyares Javier
Bought by
Gray Virginia

Purchase Details

Closed on
May 25, 2005
Sold by
Miyares Javier
Bought by
Gray Virginia

Purchase Details

Closed on
Jun 6, 1997
Sold by
Shulimson Mark A and Shulimson J P
Bought by
Miyares Javier
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
Km Saddle Ridge Holdings Llc -- None Listed On Document
Km Saddle Ridge Holdings Llc -- None Listed On Document
Cyr Kyle $502,500 Tradition Title Llc
Tappis Rachel Tolbert $465,000 First American Title Ins Co
Reaves Louise E $450,000 --
Reaves Louise E $450,000 --
Gray Virginia $422,000 --
Gray Virginia $422,000 --
Gray Virginia $422,000 --
Gray Virginia $422,000 --
Miyares Javier $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cyr Kyle $452,200
Previous Owner Tappis Rachel Tolbert $417,000
Previous Owner Reaves Louise E $112,500
Previous Owner Reaves Louise E $337,500
Previous Owner Reaves Louise E $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2024 01/20/24 Rented $3,300 -1.5% --
11/27/2023 11/27/23 Under Contract -- -- --
11/02/2023 11/02/23 For Rent $3,350 0.0% --
04/12/2019 04/12/19 Sold $502,500 +4.7% $299 / Sq Ft View Prior Sale
03/12/2019 03/12/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $480,000 +3.2% $286 / Sq Ft
02/08/2013 02/08/13 Sold $465,000 0.0% $286 / Sq Ft View Prior Sale
01/04/2013 01/04/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $465,000 -- $286 / Sq Ft

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 $5,999 $493,333 -- --
2024 $5,999 $490,000 $147,000 $343,000
2023 $5,137 $476,667 $0 $0
2022 $4,751 $463,333 $0 $0
2021 $4,554 $450,000 $135,000 $315,000
2020 $8,993 $446,667 $0 $0
2019 $8,893 $443,333 $0 $0
2018 $4,410 $440,000 $132,000 $308,000
2017 $4,492 $435,000 $0 $0
2016 $3,454 $430,000 $0 $0
2015 $3,454 $425,000 $0 $0
2014 $3,454 $405,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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