NOT LISTED FOR SALE

2200 Mears Ln Silver Spring, MD 20906

Layhill Neighborhood

Estimated Value: $640,561 - $660,000

4 Beds
3.5 Baths
2,736 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $475,000 $174 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,143/month

Highlights

  • Private Pool
  • Open Floorplan
  • Contemporary Architecture
  • Bel Pre Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of March 2018

Silver Spring - Spacious End Unit Townhouse 3bedrooms, 3.5bathrooms with 2car garage. Completely renovated with new appliances, granite counter tops, new carpets, hardwood floors, recessed lighting & chandeliers. Within walking distance to shopping, restaurants, banks and minutes to public transportation - metro stations, buses.

Last Agent to Sell the Property

Ikwo Ekpo

(301) 740-4596 ikwo@aol.com Evergreen Properties Listed on: 05/30/2017

Evergreen Properties

Last Buyer's Agent

Ikwo Ekpo

(301) 740-4596 ikwo@aol.com Evergreen Properties Listed on: 05/30/2017

Evergreen Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,677

Year Built

  • Built in 1998 | Remodeled in 2017

Lot Details

  • 2,121 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Lighting

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Bel Pre Elementary School
  • Argyle Middle School
  • John F. Kennedy High School

Utilities

  • Cooling System Utilizes Natural Gas
  • 90% Forced Air Heating and Cooling System
  • 60 Gallon+ Natural Gas Water Heater
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 200
  • Assessor Parcel Number 161302986191
  • $362 Front Foot Fee per year

Community Details

Overview

  • Parker Farm Hoa Community
  • Parker Farm Subdivision

Recreation

  • Community Pool
  • Pool Membership Available

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,677

Year Built

Built in 1998 | Remodeled in 2017

Lot Details

0

HOA Fees

$123 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2017-05-31
  • Year Built: 1998
  • Year Renovated: 2017
  • Remarks Public: Silver Spring - Spacious End Unit Townhouse 3bedrooms, 3.5bathrooms with 2car garage. Completely renovated with new appliances, granite counter tops, new carpets, hardwood floors, recessed lighting & chandeliers. Within walking distance to shopping, restaurants, banks and minutes to public transportation - metro stations, buses.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Breakfast Area, Kitchen - Island, Combination Dining/Living, Upgraded Countertops, Crown Moldings, Primary Bath(s), Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Glass
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Sump Pump, Improved, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2736
  • Living Area Sq Ft: 2736
  • Price Per Sq Ft: 225.99
  • Above Grade Finished Sq Ft: 2124
  • Below Grade Finished Sq Ft: 612
  • Total Below Grade Sq Ft: 612
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2200

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Private: Yes
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 278.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Sewer/Septic System: Public Sewer, Public Septic
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 123.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Pool Mem Avail, Swimming Pool
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BEL PRE
  • Middle School: ARGYLE
  • High School: JOHN F. KENNEDY
  • School District Key: 121138126809
  • Elementary School: BEL PRE
  • High School: JOHN F. KENNEDY
  • Middle Or Junior School: ARGYLE

Green Features

  • Efficiency: Appliances, Lighting

Lot Info

  • Improvement Assessed Value: 323200.00
  • Land Assessed Value: 130000.00
  • Lot Features: Corner
  • Lot Size Acres: 0.05
  • Lot Size Area: 2121
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2121.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: PD7

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14065118
  • Tax Annual Amount: 5676.89
  • Assessor Parcel Number: 161302986191
  • Tax Lot: 200
  • Tax Total Finished Sq Ft: 2124
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 03/28/2018

Multi Family

  • Front Foot Fee: 362.50

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Mar 28, 2018
Sold by
Okoro Ekaeta
Bought by
Bojang Lamin
Seller's Agent
Ikwo Ekpo
Evergreen Properties
Buyer's Agent
Ikwo Ekpo
Evergreen Properties
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Current Estimated Value
$651,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,640
Avg. Annual Appreciation
4.28%
Original Mortgage
$451,000
Outstanding Balance
$418,651
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$232,989

Purchase Details

Closed on
Jun 18, 2007
Sold by
Schwinn Steven D
Bought by
Okoro Ekaete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 7, 2007
Sold by
Schwinn Steven D
Bought by
Okoro Ekaete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 20, 2002
Sold by
Nguyen Thuan X and Nguyen T K
Bought by
Schwinn Steven D and Schwinn Sandra S

Purchase Details

Closed on
Aug 21, 1998
Sold by
M/I Schottenstein Homes Inc
Bought by
T Thuan X and T Nguyen K

Purchase Details

Closed on
Jun 5, 1996
Sold by
First Citizens Corporation
Bought by
M/I Schottenstein Homes Inc
Source: Public Records

Range of Values:

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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
Bojang Lamin $475,000 None Available
Okoro Ekaete $512,000 --
Okoro Ekaete $512,000 --
Schwinn Steven D $293,000 --
T Thuan X $224,654 --
M/I Schottenstein Homes Inc $2,907,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bojang Lamin $451,000
Previous Owner Okoro Ekaete $76,800
Previous Owner Okoro Ekaete $409,600
Previous Owner Okoro Ekaete $409,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $475,000 -1.0% $174 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
12/02/2017 12/02/17 Price Changed $479,999 -4.0% $175 / Sq Ft
06/15/2017 06/15/17 Price Changed $499,999 -4.8% $183 / Sq Ft
05/30/2017 05/30/17 For Sale $525,000 0.0% $192 / Sq Ft
04/15/2015 04/15/15 Rented $2,700 -15.6% --
04/10/2015 04/10/15 Under Contract -- -- --
06/23/2014 06/23/14 For Rent $3,200 -- --
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 $6,784 $579,300 $130,000 $449,300
2024 $6,784 $542,067 $0 $0
2023 $7,030 $504,833 $0 $0
2022 $4,947 $467,600 $130,000 $337,600
2021 $4,834 $462,800 $0 $0
2020 $4,749 $458,000 $0 $0
2019 $4,670 $453,200 $130,000 $323,200
2018 $5,232 $442,967 $0 $0
2017 $4,985 $432,733 $0 $0
2016 $4,349 $422,500 $0 $0
2015 $4,349 $413,600 $0 $0
2014 $4,349 $404,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ikwo Ekpo

    Seller's Agent in 2018

    Ikwo Ekpo

    Evergreen Properties

    (301) 740-4596

    4 Total Sales

    Ikwo Ekpo
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000052547

Bright MLS

APN: 13-02986191

Maryland Montgomery County Silver Spring 20906 Layhill

2200 Mears Ln, Silver Spring, MD

This home is located at 2200 Mears Ln, Silver Spring, MD 20906 since 30 May 2017 and is currently estimated at $651,640, approximately $238 per square foot. This property was built in 1998. 2200 Mears Ln is a home located in Montgomery County with nearby schools including Bel Pre Elementary School, Strathmore Elementary School, and Argyle Middle School.

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