NOT LISTED FOR SALE

2016 Cradock St Silver Spring, MD 20905

Estimated Value: $587,000 - $649,430

4 Beds
2.5 Baths
2,856 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $582,000 $204 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,719/month

8 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Formal Dining Room
  • Cloverly Elementary School Rated A-
  • No HOA
  • 3-minute walk to Maydale Conservation Park

About This Home

As of September 2024

Welcome to this well-maintained single owner, single family home that is ready for its next chapter! This 4 bedroom, 2.5 bathroom home has been lovingly cared for but is in need of updates to bring it to its full potential.

Featuring a formal living room, separate dining room, and large updated kitchen featuring wood cabinetry, stainless steel appliances, and tile floor. There are four bedrooms and two full bathrooms. The primary ensuite has been updated and the bedroom boasts hardwood floors and sliding door to the back deck, flooding the room with natural light.

The Recreation Level offers a cozy space with hardwood floors, half bath, fireplace with brick surround, and mantel for those cold winter nights.

Situated on a large grassy lot, this home offers plenty of outdoor space for relaxation and entertaining. Sold as-is, this home is the perfect opportunity for the next owner to make it their own with their custom touch.

Don't miss out on the chance to own this charming home with endless potential!

Last Agent to Sell the Property

Edwina Rogers

(443) 400-3447 info@edwinarogers.com CENTURY 21 New Millennium License #654088 Listed on: 08/18/2024

CENTURY 21 New Millennium

Last Buyer's Agent

Aty Biswese

(202) 380-9737 Aty.biswese@thenidgroup.com Nid Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 1974

Lot Details

  • 0.31 Acre Lot
  • Property is zoned RE1

Home Design

  • Split Foyer
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2.5 Levels
  • Wet Bar
  • Built-In Features
  • Gas Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Recreation Room
  • Unfinished Basement
  • Laundry in Basement

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • 4 Driveway Spaces
  • 1 Attached Carport Space

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 160500379324

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,376

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: Propane tank
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Expected On Market: 2024-08-18
  • Federal Flood Zone: No
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Built-Ins, Carpet, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Primary Bath(s), Wet/Dry Bar, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2.5
  • Room List: Basement, Recreation Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 3528
  • Living Area Sq Ft: 2856
  • Price Per Sq Ft: 203.78
  • Above Grade Finished Sq Ft: 2856
  • Below Grade Sq Ft: 672
  • Total Below Grade Sq Ft: 672
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Carport
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13334.00
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5376.00
  • Assessor Parcel Number: 160500379324
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2024
Closed on
Sep 25, 2024
Sold by
Smith Barrington L and Thomas Karen R
Bought by
Defersha Mengistu Balew and Simachew Firehiwot Tamene
Seller's Agent
Edwina Rogers
Brysis Realty International
Buyer's Agent
Aty Biswese
Nid Group, LLC
List Price
$575,000
Sold Price
$582,000
Premium/Discount to List
$7,000
1.22%
Views
114
Current Estimated Value
$612,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,608
Avg. Annual Appreciation
5.05%
Original Mortgage
$571,948
Outstanding Balance
$566,059
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$46,549

Purchase Details

Closed on
May 17, 2018
Sold by
Smith Barrington Lee and Smith Brenda Joyce
Bought by
Smith Barrington Lee
Source: Public Records

Range of Values:

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Average Value
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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
Defersha Mengistu Balew $582,500 Allied Title
Balew Defersha Mengistu $582,500 Allied Title
Smith Barrington Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balew Defersha Mengistu $571,948
Closed Balew Defersha Mengistu $571,948
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $582,000 0.0% $204 / Sq Ft
08/28/2024 08/28/24 Price Changed $582,000 +1.2% $204 / Sq Ft
08/18/2024 08/18/24 For Sale $575,000 -- $201 / 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 $5,655 $474,600 -- --
2024 $5,655 $452,400 $0 $0
2023 $3,927 $430,200 $224,800 $205,400
2022 $3,715 $426,500 $0 $0
2021 $3,570 $422,800 $0 $0
2020 $3,570 $419,100 $224,800 $194,300
2019 $3,472 $409,967 $0 $0
2018 $3,388 $400,833 $0 $0
2017 $3,368 $391,700 $0 $0
2016 -- $369,233 $0 $0
2015 $3,454 $346,767 $0 $0
2014 $3,454 $324,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2144450

Bright MLS

APN: 05-00379324