NOT LISTED FOR SALE

2024 Flowering Tree Terrace Silver Spring, MD 20902

Forest Estates Neighborhood

Estimated Value: $406,000 - $424,000

3 Beds
1.5 Baths
1,120 Sq Ft
$370/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $372,000 $332 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,647/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Heat Pump System
  • Flora M. Singer Elementary School Rated A-

About This Home

As of April 2023

***OFFER DEADLINE - TUESDAY @ 12:00 PM NOON - Escalation Clause and Pre-Inspections Are Welcomed and Encouraged - Clients will look at offer more favorably with Title Forward as the escrow agent, Quick Closing, Non-Contingent Offers, Non-appraisal contingency/appraisal gap coverage, if escalating***
Welcome to this stunning end unit townhome nestled in the desirable Forest Estates subdivision of Silver Spring, Maryland. Boasting three bedrooms and 1.5 bathrooms, this home is the perfect blend of modern convenience and natural beauty. Enjoy easy access to Wheaton Regional Park and the famous Brookside Nature Gardens, or take advantage of the array of trails and paths in nearby Rock Creek Park. With the Red Line just moments from your doorstep, commuting to DC or exploring the greater Silver Spring area has never been easier. As an end unit, this home offers additional privacy and natural light, making it a truly exceptional find. Don't miss your opportunity to experience the best of suburban living in this exquisite property.

Last Agent to Sell the Property

Long Ngo

(301) 905-2617 long.ngo@redfin.com Redfin Corp Listed on: 03/16/2023

Redfin Corp

Last Buyer's Agent

Natasha Rebchevsky

(301) 802-2431 remaxnatasha@gmail.com RE/MAX Realty Centre, Inc. License #597581

RE/MAX Realty Centre, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,381

Year Built

  • Built in 1984

Lot Details

  • 1,600 Sq Ft Lot

HOA Fees

  • $107 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, lawn maintenance, management, snow removal, trash
  • Forest Estates Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 161302136445

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,381

Year Built

Built in 1984

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-16
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: ***OFFER DEADLINE - TUESDAY @ 12:00 PM NOON - Escalation Clause and Pre-Inspections Are Welcomed and Encouraged - Clients will look at offer more favorably with Title Forward as the escrow agent, Quick Closing, Non-Contingent Offers, Non-appraisal contingency/appraisal gap coverage, if escalating*** Welcome to this stunning end unit townhome nestled in the desirable Forest Estates subdivision of Silver Spring, Maryland. Boasting three bedrooms and 1.5 bathrooms, this home is the perfect blend of modern convenience and natural beauty. Enjoy easy access to Wheaton Regional Park and the famous Brookside Nature Gardens, or take advantage of the array of trails and paths in nearby Rock Creek Park. With the Red Line just moments from your doorstep, commuting to DC or exploring the greater Silver Spring area has never been easier. As an end unit, this home offers additional privacy and natural light, making it a truly exceptional find. Don't miss your opportunity to experience the best of suburban living in this exquisite property.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 312.41
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2024

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Refuse: 366.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 321.68
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 193700.00
  • Land Assessed Value: 150000.00
  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Year Assessed: 2023
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14055750
  • Tax Annual Amount: 3381.00
  • Assessor Parcel Number: 161302136445
  • Tax Lot: 86
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/18/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 11, 2023
Sold by
Hu Samuel
Bought by
Genis Paula Annikki
Seller's Agent
Long Ngo
Redfin Corp
Buyer's Agent
Natasha Rebchevsky
RE/MAX Realty Centre, Inc.
List Price
$349,900
Sold Price
$372,000
Premium/Discount to List
$22,100
6.32%
Views
116
Current Estimated Value
$414,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,716
Avg. Annual Appreciation
4.41%
Original Mortgage
$297,600
Outstanding Balance
$289,524
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$125,192

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 12, 2014
Sold by
Lee Taejoo
Bought by
Hu Samuel
Seller's Agent
Joseph Petruccelli
Weichert, REALTORS
Buyer's Agent
K Soung
Realty ONE Group Capital
List Price
$299,000
Sold Price
$282,000
Premium/Discount to List
-$17,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Original Mortgage
$225,600
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2003
Sold by
Young Terrie L
Bought by
Lee Taejoo

Purchase Details

Closed on
Mar 8, 2001
Sold by
Grant Lloyd C
Bought by
Young Terrie L
Source: Public Records

Range of Values:

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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
Genis Paula Annikki $372,000 Title Forward
Hu Samuel $282,000 International Title & Escrow
Lee Taejoo $201,000 --
Young Terrie L $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genis Paula Annikki $297,600
Previous Owner Hu Samuel $225,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2023 04/18/23 Sold $372,000 +6.3% $332 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $349,900 +24.1% $312 / Sq Ft
06/13/2014 06/13/14 Sold $282,000 -2.7% $252 / Sq Ft View Prior Sale
05/10/2014 05/10/14 Pending -- -- --
04/23/2014 04/23/14 Price Changed $289,900 -3.0% $259 / Sq Ft
03/14/2014 03/14/14 For Sale $299,000 -- $267 / 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 $4,174 $343,700 $150,000 $193,700
2024 $4,174 $317,400 $0 $0
2023 $4,546 $291,100 $0 $0
2022 $2,689 $264,800 $150,000 $114,800
2021 $2,399 $255,733 $0 $0
2020 $2,399 $246,667 $0 $0
2019 $2,275 $237,600 $130,000 $107,600
2018 $2,253 $237,600 $130,000 $107,600
2017 $2,294 $237,600 $0 $0
2016 -- $239,700 $0 $0
2015 $2,923 $239,700 $0 $0
2014 $2,923 $239,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Long Ngo

    Redfin Corp

    Long Ngo
    Section Image
  • Natasha Rebchevsky

    Buyer's Agent in 2023

    Natasha Rebchevsky

    RE/MAX

    (301) 802-2431

    1 in this area

    25 Total Sales

    Natasha Rebchevsky
    Section Image
  • Joseph Petruccelli

    Seller's Agent in 2014

    Joseph Petruccelli

    Weichert Corporate

    (301) 452-5026

    65 Total Sales

    Joseph Petruccelli
    Section Image
  • K Soung

    Buyer's Agent in 2014

    K Soung

    Realty ONE Group Capital

    (703) 928-5990

    109 Total Sales

    K Soung
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2085762

Bright MLS

APN: 13-02136445

Maryland Montgomery County Silver Spring 20902 Forest Estates

2024 Flowering Tree Terrace, Silver Spring, MD

This home is located at 2024 Flowering Tree Terrace, Silver Spring, MD 20902 since 16 March 2023 and is currently estimated at $414,716, approximately $370 per square foot. This property was built in 1984. 2024 Flowering Tree Terrace is a home located in Montgomery County with nearby schools including Flora M. Singer Elementary School, Sligo Middle School, and Albert Einstein High School.

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