2004 Arcola Ave Silver Spring, MD 20902
Estimated Value: $692,000 - $762,373
5
Beds
4
Baths
2,854
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- 0.49 Acre Lot
- 3 Fireplaces
- 2 Car Attached Garage
- Rambler Architecture
- No HOA
- Central Heating and Cooling System
About This Home
As of December 2020This BEAUTIFUL and SPACIOUS Rancher in the heart of Montgomery County is for sale! This 2,800 SF home sits on .49 acres and is zoned R90 for future expansion if desired. Upgraded Kitchen and Bathrooms and exposed beams in the family room, this is a home to grow in. Two additional rooms in the basement that could be used as you would like, both with full bathrooms. Call for a tour today! In this hectic world, coming home to this gorgeous backyard can provide some seclusion from the outside chaos. This backyard is calling for your personal touch! Home boasts a 2-year old HVAC, plumbing system updated in the last two years, and hardwood throughout. This Brick Rancher is waiting for you to call it home. Call for a personal tour or schedule with your agent!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,593
Year Built
- Built in 1955
Lot Details
- 0.49 Acre Lot
- Property is zoned R90
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Side Facing Garage
Home Design
- Rambler Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 2 Levels
- 3 Fireplaces
- Finished Basement
Bedrooms and Bathrooms
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Arcola Subdivision
Listing and Financial Details
- Tax Lot P4
- Assessor Parcel Number 161301094685
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2020
Closed on
Dec 28, 2020
Sold by
Tadesse Mihretu
Bought by
Bekele Fantahun and Gebrehawariat Senafkish
Seller's Agent
Catherine Inniss
NorthStar Realty Group, LLC.
Buyer's Agent
Tafseer Ahmad
Real Broker, LLC - Gaithersburg
List Price
$597,900
Sold Price
$589,000
Premium/Discount to List
-$8,900
-1.49%
Total Days on Market
30
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
$137,093
Avg. Annual Appreciation
4.32%
Original Mortgage
$501,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2016
Sold by
Yirgashewa Solomon
Bought by
Zewelie Meskerem F
Purchase Details
Closed on
Jan 26, 2010
Sold by
Padilla Joel A and Padilla Jenny K
Bought by
Bean Taylor and Whitaker Mortgage Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
5.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2005
Sold by
Flickinger Glenn H and Flickinger A B
Bought by
Padilla Joel A and Padilla Jenny K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Silver Spring, MD
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 |
|---|---|---|---|
| Bekele Fantahun | $590,000 | Pruitt Title Llc | |
| Zewelie Meskerem F | -- | Kensington Realty Title Llc | |
| Bean Taylor | $527,780 | -- | |
| Padilla Joel A | $510,000 | -- | |
| Padilla Joel A | $510,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bekele Fantahun | $501,500 | |
| Previous Owner | Tadesse Mihretu | $61,000 | |
| Previous Owner | Tadesse Mihretu | $350,000 | |
| Previous Owner | Tadesse Mihretu | $225,000 | |
| Previous Owner | Yirgashewa Solomon | $319,500 | |
| Previous Owner | Padilla Joel A | $491,000 | |
| Previous Owner | Padilla Joel A | $81,500 | |
| Previous Owner | Padilla Joel A | $483,200 | |
| Previous Owner | Padilla Joel A | $60,400 | |
| Previous Owner | Padilla Joel A | $408,000 | |
| Previous Owner | Padilla Joel A | $102,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2020 12/28/20 | Sold | $589,000 | 0.0% | $206 / Sq Ft |
| 11/25/2020 11/25/20 | Pending | -- | -- | -- |
| 11/12/2020 11/12/20 | Price Changed | $589,000 | +1.6% | $206 / Sq Ft |
| 11/12/2020 11/12/20 | Price Changed | $580,000 | -3.0% | $203 / Sq Ft |
| 10/26/2020 10/26/20 | For Sale | $597,900 | -- | $209 / 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 |
|---|---|---|---|---|
| 2024 | $8,069 | $613,700 | $0 | $0 |
| 2023 | $5,902 | $529,300 | $0 | $0 |
| 2022 | $5,110 | $444,900 | $217,400 | $227,500 |
| 2021 | $5,710 | $443,633 | $0 | $0 |
| 2020 | $11,299 | $442,367 | $0 | $0 |
| 2019 | $5,593 | $441,100 | $217,400 | $223,700 |
| 2018 | $3,799 | $435,233 | $0 | $0 |
| 2017 | $4,837 | $429,367 | $0 | $0 |
| 2016 | $3,684 | $423,500 | $0 | $0 |
| 2015 | $3,684 | $404,733 | $0 | $0 |
| 2014 | $3,684 | $385,967 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Catherine Inniss
Seller's Agent in 2020
Catherine Inniss
NorthStar Realty Group, LLC.
(240) 421-7027
2 in this area
32 Total Sales
-
Tafseer Ahmad
Buyer's Agent in 2020
Tafseer Ahmad
Real Broker, LLC - Gaithersburg
(202) 460-5236
1 in this area
52 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC731900
APN: 13-01094685
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