NOT LISTED FOR SALE

2223 Bear Valley Terrace Silver Spring, MD 20906

Longmead Crossing Neighborhood

Estimated Value: $530,000 - $549,000

3 Beds
4 Baths
2,030 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $385,000 $190 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,460/month

33 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Cathedral Ceiling
  • Stonegate Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of August 2018

Beautiful 3 Level TH Nestled In Convenient Commuter Location! Open Concept Floorplan w/Hardwood Flooring. Renovated Kitchen Boasts Granite, SS appls, 42" Cabs, Wine Fridge And Breakfast Bar. Living And Dining Combo. MBD Highlighted by Vaulted Ceiling, Walk-In Close And Lux En Suite. BD Level Laundry. LL Family Rm w/Gas FP. Rear Deck w/Built-in Seating. Roof Replaced 2017. Community Pool!

Last Agent to Sell the Property

Timothy Gallagher

Long & Foster Real Estate, Inc. Listed on: 05/29/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Teferi Tilahun

EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 1993

Lot Details

  • 1,600 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • No Through Street
  • Property is in very good condition

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Front Basement Entry
  • Basement Windows

Home Security

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 236
  • Assessor Parcel Number 161302928471
  • $299 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), snow removal, trash
  • Longmead Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,994

Year Built

Built in 1993

Lot Details

0

HOA Fees

$65 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Remarks Public: Beautiful 3 Level TH Nestled In Convenient Commuter Location! Open Concept Floorplan w/Hardwood Flooring. Renovated Kitchen Boasts Granite, SS appls, 42" Cabs, Wine Fridge And Breakfast Bar. Living And Dining Combo. MBD Highlighted by Vaulted Ceiling, Walk-In Close And Lux En Suite. BD Level Laundry. LL Family Rm w/Gas FP. Rear Deck w/Built-in Seating. Roof Replaced 2017. Community Pool!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer - Front Loading, Exhaust Fan, Icemaker, Instant Hot Water, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator, Washer - Front Loading
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Screens, Skylights, Vinyl Clad
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Door Features: Insulated, Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, Dry Wall, High, Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer
  • Basement: Yes
  • Basement Type: Connecting Stairway, Front Entrance, Outside Entrance, Daylight, Partial, Fully Finished, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2030
  • Price Per Sq Ft: 246.88
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Finished Sq Ft: 430
  • Below Grade Sq Ft: 370
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2223

Beds/Baths

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Programmable Thermostat, Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 243700.00
  • Land Assessed Value: 125000.00
  • Lot Features: Landscaping, No Thru Street
  • Lot Size Acres: 0.04
  • Lot Size Area: 1600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Multi Family

  • Front Foot Fee: 299.00

Tax Info

  • Assessor Parcel Number: 14064641
  • Tax Annual Amount: 3993.79
  • Assessor Parcel Number: 161302928471
  • Tax Lot: 236
  • Tax Total Finished Sq Ft: 1600
  • Tax Year: 2017
  • Close Date: 08/21/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 16, 2018
Sold by
Mumuni Stephen and Mumuni Olatunji
Bought by
Kuku Bekele and Henock Daddi
Seller's Agent
Timothy Gallagher
Long & Foster Real Estate, Inc.
Buyer's Agent
Teferi Tilahun
EXP Realty, LLC
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$541,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,143
Avg. Annual Appreciation
4.97%
Original Mortgage
$385,000
Outstanding Balance
$335,743
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Estimated Equity
$205,400

Purchase Details

Closed on
Oct 24, 2008
Sold by
Fv & I Inc
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Oct 24, 2007
Sold by
Fv & I Inc
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Dec 6, 2005
Sold by
Pereira Tarciana R
Bought by
Thomas Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 9, 2005
Sold by
Oliver Marilyn C
Bought by
Pereira Tarciana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2000
Sold by
Redmond Terence J
Bought by
Oliver Marilyn C

Purchase Details

Closed on
Nov 1, 1993
Sold by
Pulte Home
Bought by
Redmond T J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Kuku Bekele $385,000 Stewart Title Of Maryland In
Consumer Solutions Reo Llc -- --
Consumer Solutions Reo Llc -- --
Thomas Emma $430,000 --
Pereira Tarciana R $368,000 --
Oliver Marilyn C $167,000 --
Redmond T J $164,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuku Bekele $385,000
Closed Kuku Bekele $355,978
Previous Owner Thomas Emma $86,000
Previous Owner Thomas Emma $344,000
Previous Owner Pereira Tarciana R $220,800
Previous Owner Redmond T J $156,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $385,000 -2.5% $190 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $395,000 0.0% $195 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $395,000 -- $195 / 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 $5,360 $451,600 $125,000 $326,600
2024 $5,360 $432,633 $0 $0
2023 $5,815 $413,667 $0 $0
2022 $4,011 $394,700 $125,000 $269,700
2021 $3,866 $386,033 $0 $0
2020 $3,748 $377,367 $0 $0
2019 $3,639 $368,700 $125,000 $243,700
2018 $3,436 $350,433 $0 $0
2017 $3,171 $332,167 $0 $0
2016 $3,208 $313,900 $0 $0
2015 $3,208 $310,133 $0 $0
2014 $3,208 $306,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Gallagher

    Seller's Agent in 2018

    Timothy Gallagher

    Long & Foster

    (301) 537-8464

    61 Total Sales

    Timothy Gallagher
    Section Image
  • Teferi Tilahun

    Buyer's Agent in 2018

    Teferi Tilahun

    EXP Realty, LLC

    (720) 270-3535

    1 in this area

    53 Total Sales

    Teferi Tilahun
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001646148

Bright MLS

APN: 13-02928471

Maryland Montgomery County Silver Spring 20906 Longmead Crossing

2223 Bear Valley Terrace, Silver Spring, MD

This home is located at 2223 Bear Valley Terrace, Silver Spring, MD 20906 since 29 May 2018 and is currently estimated at $541,143, approximately $266 per square foot. This property was built in 1993. 2223 Bear Valley Terrace is a home located in Montgomery County with nearby schools including Stonegate Elementary School, William H. Farquhar Middle School, and James Hubert Blake High School.

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