NOT LISTED FOR SALE

2114 Arcola Ave Silver Spring, MD 20902

Estimated Value: $647,000 - $704,810

6 Beds
4 Baths
2,920 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $685,000 $235 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,020/month

6 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Rambler Architecture
  • Eat-In Gourmet Kitchen
  • Traditional Floor Plan
  • Solid Hardwood Flooring

About This Home

As of September 2023

Welcome to your dream home! Nestled on a serene .4-acre lot, this expansive two-level rambler offers the perfect blend of space, style, and convenience. Meticulously expanded and renovated, this residence boasts a myriad of desirable features that are sure to impress.

As you approach the property, you'll be captivated by the lush landscaping, the ample parking space, and the distance between you and your neighbors. Step inside and be greeted by a warm and inviting ambiance that flows throughout the home. The main level showcases a thoughtfully designed floor plan, emphasizing both comfort and functionality.

The heart of this home is its newer kitchen, which has been tastefully updated with modern finishes and high-end appliances. With its ample cabinetry, sleek countertops, and convenient island, this culinary haven is a chef's delight. Whether you're preparing a simple weekday meal or hosting a grand gathering, this kitchen is sure to exceed your expectations. The kitchen also provides a walk out to the deck and oversized patios, perfect for star gazing or hosting parties.

On the main level, you'll also discover generously sized bedrooms and updated bathrooms, providing a tranquil retreat for every member of the household. The abundance of natural light and the harmonious blend of neutral tones create an atmosphere of serenity and relaxation.

As you venture downstairs to the walk-out lower level, you'll find an additional living space that is perfect for accommodating guests or extended family. This level features an extra kitchen, additional bedrooms, and bathrooms, ensuring privacy and comfort for all.

The exterior of the property is just as captivating as the interior. The .4-acre flat lot offers endless possibilities for outdoor activities and entertaining. Whether you envision a charming garden, a play area for children, or a tranquil oasis, the expansive yard provides the ideal canvas to bring your dreams to life.

Location is key, and this home delivers. Situated in a highly sought-after neighborhood, you'll enjoy the convenience of being in close proximity to the metro, providing effortless access to all that the surrounding area has to offer. From metro access, shopping and dining, to commuting routes, everything you need is just moments away.

Don't miss the opportunity to make this stunning residence your own. Schedule a showing today and experience the perfect combination of luxury, comfort, and convenience in one remarkable home!

Last Agent to Sell the Property

Ryan McKevitt

(240) 593-7644 ryan@speichergroup.com Real Broker, LLC - Gaithersburg License #SP200200531 Listed on: 07/19/2023

Real Broker, LLC - Gaithersburg

Co-Listed By

Peggy Lyn Speicher

(808) 495-3525 peggylyn@speichergroup.com Real Broker, LLC - Gaithersburg License #324114

Last Buyer's Agent

Mekdim Tesfsye

(703) 861-6052 mekdimt@gmail.com Taylor Properties License #SP98374340

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,943

Year Built

  • Built in 1955 | Remodeled in 2014

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace
  • Awning
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Flood Lights
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Second Kitchen
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Solid Hardwood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior, Rear, and Side Basement Entry
  • Sump Pump
  • Space For Rooms
  • Laundry in Basement
  • Basement Windows

Parking

  • 9 Parking Spaces
  • 7 Driveway Spaces
  • 2 Attached Carport Spaces
  • Private Parking
  • Free Parking
  • Lighted Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Arcola Subdivision

Listing and Financial Details

  • Tax Lot P18
  • Assessor Parcel Number 161301094743

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,943

Year Built

Built in 1955 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1955
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dryer, Oven/Range - Gas, Refrigerator, Washer, Dishwasher
  • Flooring Type: Ceramic Tile, Hardwood, Solid Hardwood, Wood
  • Interior Amenities: Dining Area, Primary Bath(s), Floor Plan - Traditional, 2nd Kitchen, Attic, Built-Ins, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace Features: Brick, Fireplace - Glass Doors, Mantel(s), Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Heated, Connecting Stairway, Daylight, Full, Fully Finished, Improved, Interior Access, Rear Entrance, Side Entrance, Space For Rooms, Sump Pump, Walkout Level, Walkout Stairs, Windows
  • Laundry Type: Basement, Dryer In Unit, Has Laundry, Hookup, Washer In Unit
  • Total Sq Ft: 2920
  • Living Area Sq Ft: 2920
  • Price Per Sq Ft: 445.14
  • Above Grade Finished Sq Ft: 1460
  • Below Grade Finished Sq Ft: 1460
  • Total Below Grade Sq Ft: 1460
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Awning(s), Chimney Cap(s), Exterior Lighting, Extensive Hardscape, Flood Lights, Gutter System, Secure Storage
  • Road Surface Type: Concrete, Paved
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Free, Lighted Parking, Paved Driveway, Private
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Carport, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 7

Utilities

  • Refuse: 478.24
  • 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
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16800.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent, Very Good
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4943.00
  • Assessor Parcel Number: 161301094743
  • Tax Lot: P18
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 22, 2023
Sold by
So Sovichea and Em Channaly
Bought by
Tarekegn Yared A
Seller's Agent
Ryan McKevitt
Real Broker, LLC - Gaithersburg
Buyer's Agent
Mekdim Tesfsye
Taylor Properties
List Price
$649,900
Sold Price
$685,000
Premium/Discount to List
$35,100
5.4%
Views
57
Current Estimated Value
$673,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,297
Avg. Annual Appreciation
-0.72%
Original Mortgage
$650,750
Outstanding Balance
$637,281
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$36,422

Purchase Details

Listed on
Jul 27, 2014
Closed on
Oct 31, 2014
Sold by
Watkins Keith W and Estate Of Evelyn M Watkins
Bought by
So Sovichea and Em Channaly
Seller's Agent
Frederick Begosh
Nitro Realty
Buyer's Agent
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$264,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2012
Sold by
Watkins Kenneth W and Watkins Evelyn M
Bought by
Watkins Evelyn M and Watkins Keith W
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
Tarekegn Yared A $685,000 District Title
So Sovichea $330,000 First American Title Ins Co
Watkins Evelyn M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarekegn Yared A $650,750
Previous Owner So Sovichea $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $685,000 +5.4% $235 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $649,900 +96.9% $223 / Sq Ft
10/31/2014 10/31/14 Sold $330,000 -5.4% $227 / Sq Ft View Prior Sale
09/26/2014 09/26/14 Pending -- -- --
09/20/2014 09/20/14 For Sale $349,000 +5.8% $240 / Sq Ft
09/19/2014 09/19/14 Off Market $330,000 -- --
08/12/2014 08/12/14 Pending -- -- --
08/09/2014 08/09/14 Price Changed $349,000 -12.5% $240 / Sq Ft
07/27/2014 07/27/14 For Sale $399,000 -- $275 / 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 $5,999 $492,000 $209,000 $283,000
2024 $5,999 $457,567 $0 $0
2023 $6,270 $423,133 $0 $0
2022 $4,251 $388,700 $209,000 $179,700
2021 $4,076 $385,333 $0 $0
2020 $4,076 $381,967 $0 $0
2019 $4,003 $378,600 $209,000 $169,600
2018 $3,930 $374,133 $0 $0
2017 $3,944 $369,667 $0 $0
2016 -- $365,200 $0 $0
2015 $3,257 $352,567 $0 $0
2014 $3,257 $339,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2100370

Bright MLS

APN: 13-01094743