NOT LISTED FOR SALE

2040 Mayflower Dr Silver Spring, MD 20905

Estimated Value: $922,000 - $1,139,571

5 Beds
4 Baths
3,719 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $655,000 $176 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,284/month

18 Days on Market

Highlights

  • Private Pool
  • 1.1 Acre Lot
  • 2 Fireplaces
  • James Hubert Blake High School Rated A
  • Rambler Architecture
  • No HOA

About This Home

As of August 2014

Wonderful custom 7000+ square foot rambler located on a quiet dead end street. Natural wood trim, Hard wood floors, 2 zoned heat/ac, oversized 2-car side entry garage. Master includes high ceilings and an adjoining sitting room/den/office or 4th bedroom. Great lot that includes an expansive deck area and an in ground pool.

Last Agent to Sell the Property

Christopher Dyer

(301) 343-9279 chris@chrisdyerhomes.com Keller Williams Capital Properties Listed on: 06/06/2014

Keller Williams Capital Properties

Last Buyer's Agent

Deborah Berger

(301) 793-0711 realtordeb10@gmail.com RE/MAX Town Center License #5P98377389

RE/MAX Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,175

Year Built

  • Built in 1988

Lot Details

  • 1.1 Acre Lot
  • Property is zoned RE1

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Dining Area

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Off-Street Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Maydale Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 160502578188

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,175

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Full
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 1.10
  • Lot Size Area: 48036
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 48036.00
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8175.39
  • Assessor Parcel Number: 160502578188
  • Tax Lot: 37
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Solomon Eugene A and Solomon Shobha L
Bought by
Solomon Eugene A and Solomon Shobha L
Current Estimated Value
$1,019,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,700
Outstanding Balance
$467,139
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$552,254

Purchase Details

Listed on
Jun 6, 2014
Closed on
Aug 12, 2014
Sold by
U S Bank Trust National Association
Bought by
Solomon Eugene and Solomon Shoba
Seller's Agent
Christopher Dyer
Keller Williams Capital Properties
Buyer's Agent
Deborah Berger
RE/MAX Town Center
List Price
$653,000
Sold Price
$655,000
Premium/Discount to List
$2,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$524,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2014
Sold by
Nichols Lynette T
Bought by
Us Bank National Association

Purchase Details

Closed on
May 23, 2002
Sold by
Ganim Dorothy A
Bought by
Nichols Lynette T

Purchase Details

Closed on
Jan 30, 1996
Sold by
Ganim David and Ganim A Ganim D
Bought by
Ganim Dorothy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solomon Eugene A -- Accommodation
Solomon Eugene $655,000 Old Republic National Title
Us Bank National Association $1,070,450 None Available
Nichols Lynette T $560,000 --
Ganim Dorothy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Eugene A $524,700
Closed Solomon Eugene $65,500
Previous Owner Solomon Eugene $524,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $655,000 +0.3% $176 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $653,000 -- $176 / 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 $11,431 $1,018,533 -- --
2024 $11,431 $930,367 $0 $0
2023 $9,683 $842,200 $319,000 $523,200
2022 $9,138 $832,200 $0 $0
2021 $8,814 $822,200 $0 $0
2020 $8,814 $812,200 $319,000 $493,200
2019 $8,553 $790,700 $0 $0
2018 $8,323 $769,200 $0 $0
2017 $8,237 $747,700 $0 $0
2016 $8,056 $727,500 $0 $0
2015 $8,056 $707,300 $0 $0
2014 $8,056 $687,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003044624

Bright MLS

APN: 05-02578188