Seller's Agent in 2023
Heather Foley Christina Cachie
Compass
(215) 805-3599
3 in this area
105 Total Sales
2124 Chippewa Place Silver Spring, MD 20906
Layhill NeighborhoodEstimated Value: $579,000 - $603,000
3
Beds
3.5
Baths
2,576
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- 2 Car Attached Garage
- Bel Pre Elementary School Rated A-
- Community Pool
- Oversized Parking
About This Home
As of June 2023**OFFER DEADLINE** Thursday, May 18 at 10:00am. Calling all investors and visionaries! With recent sales in the neighborhood at $550,000, this is an amazing opportunity to make this property the home of your dreams. This end-unit townhome is bright and spacious. The first level boasts an open-concept living and dining plan with 9’ ceilings. The big eat-in kitchen has stunning granite countertops and an oversized island with seating. The adjacent sitting area has a fireplace and French doors to the back deck. A half bath completes the main level. Upstairs, the large primary suite has a shed ceiling with skylights, a big walk-in closet, and a generously sized en-suite. You’ll also find two additional large bedrooms, a full bath, and a laundry room. The lower level features a family room with walkout access to a gorgeous brick patio, a full bathroom, and a two-car garage with extra storage. The driveway will accommodate two cars for off-street parking.
Last Agent to Sell the Property
Heather Foley Christina Cachie
(215) 805-3599 heather.foley@compass.com Compass License #SP40001972 Listed on: 05/15/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,430
Year Built
- Built in 1995
Lot Details
- 2,400 Sq Ft Lot
HOA Fees
- $147 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Front Facing Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- Property has 3 Levels
- Gas Fireplace
- Laundry on upper level
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Interior and Rear Basement Entry
- Garage Access
- Basement Windows
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 126
- Assessor Parcel Number 161302985378
Community Details
Overview
- Association fees include common area maintenance, pool(s), road maintenance, snow removal
- The Management Group HOA, Phone Number (301) 948-6666
- Parker Farm Subdivision
Amenities
- Common Area
Recreation
- Community Playground
- Community Pool
Pet Policy
- Pets Allowed
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2023
Closed on
Jun 20, 2023
Sold by
Maimo Angela
Bought by
Gbreyesus Frehiwet and Zemene Arega
Seller's Agent
Heather Foley Christina Cachie
Compass
Buyer's Agent
Alexander canseco
EXP Realty, LLC
List Price
$460,000
Sold Price
$500,000
Premium/Discount to List
$40,000
8.7%
Views
145
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,728
Avg. Annual Appreciation
7.13%
Original Mortgage
$400,000
Outstanding Balance
$389,226
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$203,502
Purchase Details
Closed on
Jul 23, 1999
Sold by
Bankers Tr Co Of Ca Na Tr
Bought by
Maimo Angela
Purchase Details
Closed on
Jul 6, 1995
Sold by
M I Schottenstein Homes Inc
Bought by
Imedachvili Alekhandre
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
7.84%
Purchase Details
Closed on
Apr 28, 1995
Sold by
First Citizens Corp
Bought by
M I Schottenstein Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gbreyesus Frehiwet | $500,000 | Westcor Land Title Insurance C | |
| Maimo Angela | $190,000 | -- | |
| Imedachvili Alekhandre | $235,000 | -- | |
| M I Schottenstein Inc | $585,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gbreyesus Frehiwet | $400,000 | |
| Previous Owner | M I Schottenstein Inc | $164,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2023 06/16/23 | Sold | $500,000 | +8.7% | $194 / Sq Ft |
| 05/18/2023 05/18/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | For Sale | $460,000 | -- | $179 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,516 | $553,900 | $130,000 | $423,900 |
| 2024 | $6,516 | $518,800 | $0 | $0 |
| 2023 | $5,402 | $483,700 | $0 | $0 |
| 2022 | $4,738 | $448,600 | $130,000 | $318,600 |
| 2021 | $4,603 | $446,700 | $0 | $0 |
| 2020 | $4,603 | $444,800 | $0 | $0 |
| 2019 | $4,557 | $442,900 | $130,000 | $312,900 |
| 2018 | $4,427 | $432,767 | $0 | $0 |
| 2017 | $4,393 | $422,633 | $0 | $0 |
| 2016 | -- | $412,500 | $0 | $0 |
| 2015 | $4,243 | $403,633 | $0 | $0 |
| 2014 | $4,243 | $394,767 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Foley Christina Cachie
-
Christina Cachie
Seller Co-Listing Agent in 2023
Christina Cachie
Compass
(202) 431-9104
1 in this area
84 Total Sales
-
Alexander canseco
Buyer's Agent in 2023
Alexander canseco
EXP Realty, LLC
(301) 665-8400
1 in this area
4 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2092842
APN: 13-02985378
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