NOT LISTED FOR SALE

2058 Derby Ridge Ln Silver Spring, MD 20910

Estimated Value: $520,376 - $587,000

2 Beds
2.5 Baths
1,545 Sq Ft
$354/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $485,000 $314 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,706/month

7 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Property is in excellent condition
  • Rock Creek Forest Elementary School Rated A
  • Stainless Steel Appliances
  • Heat Pump System

About This Home

As of November 2020

Welcome home to this beautiful 3 level townhouse style condo in the highly sought after Saddle Ridge community. Located on the DC/MD line and adjacent to Rock Creek Park, this renovated home is move-in ready. The recently renovated kitchen opens up to the living and dining area. The electric fireplace adds a cozy feeling as the evenings become cooler. Enjoy the beauty that is Rock Creek Park as you sip your morning coffee on the upper level deck. The upper level features two bedrooms and a renovated full bathroom. The finished lower level has a full bathroom, a bonus room, a family room and access to the lower level patio. All of this is just minutes from downtown Silver Spring, Bethesda, and a half block from the Rock Creek Shopping Center.

Last Agent to Sell the Property

Candy Miles-Crocker

(202) 669-1924 candy@longandfoster.com Compass Listed on: 10/01/2020

Compass

Last Buyer's Agent

Tracy Shively

(703) 930-0268 tracyshively@gmail.com Douglas Elliman of Metro DC, LLC - Washington License #0225215080

Douglas Elliman of Metro DC, LLC - Washington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,079

Year Built

  • Built in 1985

Lot Details

  • Property is in excellent condition

HOA Fees

  • $378 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161302448366

Community Details

Overview

  • Association fees include management, reserve funds, snow removal, trash
  • Saddle Ridge Cod Community
  • Saddle Ridge Codm Subdivision
  • Property Manager

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,079

Year Built

Built in 1985

Lot Details

0

HOA Fees

$378 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1985
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Stainless Steel Appliances, Washer, Water Heater
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1545
  • Living Area Sq Ft: 1545
  • Price Per Sq Ft: 433.04
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Finished Sq Ft: 425
  • Total Below Grade Sq Ft: 425
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 378.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 311500.00
  • Land Assessed Value: 133500.00
  • Property Condition: Excellent
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14059843
  • Tax Annual Amount: 5079.00
  • Assessor Parcel Number: 161302448366
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 6, 2020
Sold by
Smith Marilyn M
Bought by
Graff Jared Ryan and Daum Charlotte
Seller's Agent
Candy Miles-Crocker
Compass
Buyer's Agent
Tracy Shively
Douglas Elliman of Metro DC, LLC - Washington
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$546,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,594
Avg. Annual Appreciation
2.32%
Original Mortgage
$460,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2014
Sold by
Smith Marilyn M
Bought by
Marilyn M Smith Revocable Trust

Purchase Details

Closed on
Jul 19, 1988
Bought by
Smith Marilyn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Graff Jared Ryan $485,000 Kvs Title Llc
Marilyn M Smith Revocable Trust -- Attorney
Smith Marilyn M $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graff Jared Ryan $460,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $485,000 0.0% $314 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $485,000 -- $314 / 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 $5,879 $483,333 -- --
2024 $5,879 $480,000 $144,000 $336,000
2023 $6,420 $468,333 $0 $0
2022 $4,673 $456,667 $0 $0
2021 $4,494 $445,000 $133,500 $311,500
2020 $0 $441,667 $0 $0
2019 $8,774 $438,333 $0 $0
2018 $4,805 $435,000 $130,500 $304,500
2017 $4,897 $430,000 $0 $0
2016 $3,397 $425,000 $0 $0
2015 $3,397 $420,000 $0 $0
2014 $3,397 $400,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Shively

    Buyer's Agent in 2020

    Tracy Shively

    Douglas Elliman of Metro DC, LLC - Washington

    (703) 930-0268

    97 Total Sales

    Tracy Shively
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC728046

Bright MLS

APN: 13-02448366

Maryland Montgomery County Silver Spring 20910

2058 Derby Ridge Ln, Silver Spring, MD

Not Listed for Sale

Townhouses

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