NOT LISTED FOR SALE

217 E Franklin Ave Silver Spring, MD 20901

Indian Spring Neighborhood

Estimated Value: $622,000 - $681,000

3 Beds
2 Baths
1,580 Sq Ft
$413/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $438,000 $277 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,990/month

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Highland View Elementary School Rated A
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of June 2017

NEW PRICE! BEST VALUE on corner lot INSIDE THE BELTWAY just blocks to local schools and parks! HW flrs, fireplaces, lrg windows. Remodeled ktichen w/ granite countertops, upgraded appliances! Office/bedroom & family room on main level perfect for in-law suite. LL rec room. Landscaped yard w/ patio, 1-car garage+2+parking.Convenient to Metro & shopping, restaurants of downtown Silver Spring.

Last Agent to Sell the Property

Christy Bakaly

(301) 412-8830 christy.bakaly@compass.com Compass License #605541 Listed on: 04/13/2017

Compass

Last Buyer's Agent

Christy Bakaly

(301) 412-8830 christy.bakaly@compass.com Compass License #605541 Listed on: 04/13/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,819

Year Built

  • Built in 1952

Lot Details

  • 7,350 Sq Ft Lot
  • Property is zoned R60

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • 2 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Connecting Stairway
  • Side Exterior Basement Entry

Schools

  • Highland View Elementary School
  • Northwood High School

Utilities

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

Community Details

  • No Home Owners Association
  • Indian Spring Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161301014343

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,819

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1952
  • Remarks Public: NEW PRICE! BEST VALUE on corner lot INSIDE THE BELTWAY just blocks to local schools and parks! HW flrs, fireplaces, lrg windows. Remodeled ktichen w/ granite countertops, upgraded appliances! Office/bedroom & family room on main level perfect for in-law suite. LL rec room. Landscaped yard w/ patio, 1-car garage+2+parking.Convenient to Metro & shopping, restaurants of downtown Silver Spring.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Washer, Dishwasher, Disposal, Oven/Range - Gas, Range Hood, Refrigerator
  • Interior Amenities: Dining Area, Entry Level Bedroom, Built-Ins, Chair Railings, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1580
  • Price Per Sq Ft: 359.38
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 404
  • Total Below Grade Sq Ft: 704
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 217

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: HIGHLAND VIEW
  • High School: NORTHWOOD
  • School District Key: 121138126809
  • Elementary School: HIGHLAND VIEW
  • High School: NORTHWOOD

Lot Info

  • Improvement Assessed Value: 180700.00
  • Land Assessed Value: 216300.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7350
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7350.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14005955
  • Tax Annual Amount: 4818.93
  • Assessor Parcel Number: 161301014343
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1280
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/29/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 29, 2017
Sold by
Lockhart Kathy L
Bought by
Maldanado Vicky and Wharff Krystynne
Seller's Agent
Christy Bakaly
Compass
Buyer's Agent
Christy Bakaly
Compass
List Price
$475,000
Sold Price
$438,000
Premium/Discount to List
-$37,000
-7.79%
Current Estimated Value
$652,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,115
Avg. Annual Appreciation
4.93%
Original Mortgage
$328,500
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 25, 2012
Closed on
May 16, 2013
Sold by
Horan Anna Eileen
Bought by
Lockhart Kathy L
Seller's Agent
Kristen Waksberg
Long & Foster Real Estate, Inc.
Buyer's Agent
Christy Bakaly
Compass
List Price
$454,000
Sold Price
$430,000
Premium/Discount to List
-$24,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$344,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1992
Bought by
Horan Anna E
Source: Public Records

Range of Values:

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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
Maldanado Vicky $438,000 Kvs Title Llc
Lockhart Kathy L $430,000 Rgs Title Of Beth
Horan Anna E $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldanado Vicky $328,500
Previous Owner Lockhart Kathy L $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2017 06/29/17 Sold $438,000 -4.8% $277 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
05/05/2017 05/05/17 Price Changed $460,000 -3.2% $291 / Sq Ft
04/13/2017 04/13/17 For Sale $475,000 +10.5% $301 / Sq Ft
05/16/2013 05/16/13 Sold $430,000 -2.1% $336 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
01/24/2013 01/24/13 Price Changed $439,000 -3.3% $343 / Sq Ft
10/25/2012 10/25/12 For Sale $454,000 -- $355 / 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 $6,223 $512,400 -- --
2024 $6,223 $477,100 $237,200 $239,900
2023 $6,825 $471,300 $0 $0
2022 $3,752 $465,500 $0 $0
2021 $4,968 $459,700 $237,200 $222,500
2020 $5,272 $438,800 $0 $0
2019 $4,437 $417,900 $0 $0
2018 $4,183 $397,000 $216,300 $180,700
2017 $4,127 $387,633 $0 $0
2016 -- $378,267 $0 $0
2015 $3,656 $368,900 $0 $0
2014 $3,656 $367,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christy Bakaly

    Seller's Agent in 2017

    Christy Bakaly

    Compass

    (301) 412-8830

    83 Total Sales

    Christy Bakaly
    Section Image
  • Kristen Waksberg

    Seller's Agent in 2013

    Kristen Waksberg

    Long & Foster

    (301) 461-4676

    14 Total Sales

    Kristen Waksberg
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002509511

Bright MLS

APN: 13-01014343

Maryland Montgomery County Silver Spring 20901 Indian Spring

217 E Franklin Ave, Silver Spring, MD

This home is located at 217 E Franklin Ave, Silver Spring, MD 20901 since 13 April 2017 and is currently estimated at $652,115, approximately $412 per square foot. This property was built in 1952. 217 E Franklin Ave is a home located in Montgomery County with nearby schools including Highland View Elementary School, Silver Spring International Middle School, and Northwood High School.

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