NOT LISTED FOR SALE

206 Finale Terrace Silver Spring, MD 20901

Estimated Value: $492,993 - $515,000

4 Beds
4 Baths
2,006 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $381,500 $190 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,104/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Jogging Path
  • James Hubert Blake High School Rated A
  • 1 Fireplace
  • Walk-In Closet

About This Home

As of July 2019

A beautiful, gorgeous, lovely, peaceful, quiet, light and bright home. A winner. Come see this elegant, well maintained townhouse. Glistening bamboo floors, tastefully painted throughout, new LifeProof flooring in the lower level and master bathroom. A wood-burning fireplace in the living room for romantic evenings. Glass doors lead to a spacious patio and charming back yard - quiet, peaceful, mostly private. A real yard, not a postage stamp. Have a vegetable garden or flower garden. Or both! Two assigned parking spaces (both #39) with visitors parking a few doors away on Encore. Tons of closet space, including a sizable walk-in closet in the master bedroom. The lower level has a spacious recreation room, a powder room, and a recently redone "bonus room". Could be a den or bedroom. A state of the art Nest Thermostat and Schlage electronic door lock have been added. A commuter heaven - easy to the beltway, 95, downtown Silver Spring, DC, Rockville, Bethesda. Tons of shopping and dining within minutes. View the Tour & Pictures. This home is a must-see, quickly. Call your agent. Open Sunday 1-4. Come.

Last Agent to Sell the Property

Howard Lerner

(301) 775-6869 topdcrealtor@gmail.com Samson Properties Listed on: 05/23/2019

Samson Properties

Last Buyer's Agent

Yony Kifle

(703) 405-5182 homes.yourdmvteam@gmail.com EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 1984

Lot Details

  • 2,100 Sq Ft Lot

HOA Fees

  • $76 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Schools

  • Burnt Mills Elementary School
  • Francis Scott Key Middle School
  • James Hubert Blake High School

Utilities

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

Listing and Financial Details

  • Tax Lot 297
  • Assessor Parcel Number 160502227448

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management
  • Dumont Oaks Community Association
  • Dumont Oaks Subdivision
  • Property Manager

Recreation

  • Community Playground
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,949

Year Built

Built in 1984

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Freezer in basement does not convey. Cat steps on Liv. Rm wall and "Catio" for cats to go outside do not convey unless otherwise negotiated.
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-05-23
  • Federal Flood Zone: No
  • Year Built: 1984
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Interior Amenities: Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2184
  • Living Area Sq Ft: 2006
  • Price Per Sq Ft: 258.44
  • Above Grade Finished Sq Ft: 1470
  • Below Grade Finished Sq Ft: 536
  • Below Grade Sq Ft: 178
  • Total Below Grade Sq Ft: 714
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 75.93
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management
  • HOA Name: DUMONT OAKS COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BURNT MILLS
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2100.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3949.00
  • Assessor Parcel Number: 160502227448
  • Tax Lot: 297
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Jun 29, 2019
Sold by
Lewis Jonathan Troy and Lewis Katherine Elizabeth
Bought by
Medhane Wubet
Seller's Agent
Howard Lerner
Samson Properties
Buyer's Agent
Yony Kifle
EXP Realty, LLC
List Price
$379,900
Sold Price
$381,500
Premium/Discount to List
$1,600
0.42%
Current Estimated Value
$502,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,248
Avg. Annual Appreciation
4.31%
Original Mortgage
$368,207
Outstanding Balance
$321,533
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$181,215

Purchase Details

Listed on
Sep 2, 2017
Closed on
Oct 13, 2017
Sold by
Anderson John David
Bought by
Lewis Jonathan Troy and Mccasland Katherine Elizabeth
Seller's Agent
Carla Labat
Long & Foster Real Estate, Inc.
Buyer's Agent
Howard Lerner
Samson Properties
List Price
$369,900
Sold Price
$362,950
Premium/Discount to List
-$6,950
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$290,360
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2013
Closed on
Sep 6, 2013
Sold by
Richmond Timothy M and Richmond Jessica J
Bought by
Andersen John David
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Christopher Sartwell
RLAH @properties
List Price
$359,000
Sold Price
$349,000
Premium/Discount to List
-$10,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$356,503
Interest Rate
4.42%
Mortgage Type
VA

Purchase Details

Closed on
Jan 18, 2007
Sold by
Bloom Mark
Bought by
Richmond Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 10, 2007
Sold by
Bloom Mark
Bought by
Richmond Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 5, 1993
Sold by
Kramer R A
Bought by
Bloom Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,710
Interest Rate
7%
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
Medhane Wubet $381,500 Armour Settlement Svcs Llc
Lewis Jonathan Troy $362,950 Tradition Title Llc
Andersen John David $349,000 Stewart Title Guaranty Co
Richmond Timothy M $385,000 --
Richmond Timothy M $385,000 --
Bloom Mark $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medhane Wubet $368,207
Previous Owner Lewis Jonathan Troy $290,360
Previous Owner Andersen John David $356,503
Previous Owner Richmond Timothy M $77,000
Previous Owner Richmond Timothy M $308,000
Previous Owner Richmond Timothy M $308,000
Previous Owner Bloom Mark $149,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2019 07/02/19 Sold $381,500 +0.4% $190 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $379,900 +4.7% $189 / Sq Ft
10/13/2017 10/13/17 Sold $362,950 -1.9% $181 / Sq Ft View Prior Sale
09/11/2017 09/11/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $369,900 +6.0% $184 / Sq Ft
09/06/2013 09/06/13 Sold $349,000 -2.8% $237 / Sq Ft View Prior Sale
06/18/2013 06/18/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $359,000 -- $244 / 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 $4,783 $404,233 -- --
2024 $4,783 $384,567 $0 $0
2023 $5,231 $364,900 $184,000 $180,900
2022 $3,579 $357,333 $0 $0
2021 $3,447 $349,767 $0 $0
2020 $3,341 $342,200 $184,000 $158,200
2019 $3,257 $335,667 $0 $0
2018 $3,183 $329,133 $0 $0
2017 $3,105 $322,600 $0 $0
2016 $3,806 $309,600 $0 $0
2015 $3,806 $296,600 $0 $0
2014 $3,806 $283,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC660140

Bright MLS

APN: 05-02227448