NOT LISTED FOR SALE

2305 Manor Spring Terrace Silver Spring, MD 20906

Estimated Value: $851,788 - $927,000

4 Beds
3.5 Baths
4,573 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 05, 2013

Last sale price $540,000 $118 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,456/month

Highlights

  • Indoor Arena
  • Open Floorplan
  • Two Story Ceilings
  • 0.27 Acre Lot
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of July 2013

Great opportunity to own a beautifully maintained colonial in a quiet cul-de-sac! Featuring an open foyer, large great room, deck, granite counter tops, and a finished basement with exercise room. Prime location that is close to Glenmont Metro Station and minutes from the ICC and 495.

Last Agent to Sell the Property

Jeanine Do-Trinh

(301) 237-0988 jeanineffxre@gmail.com Realty Advantage of Maryland LLC License #SP98364938 Listed on: 05/08/2013

Realty Advantage of Maryland LLC

Last Buyer's Agent

Viet Tran

(301) 434-4065 vtran@verizon.net Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,378

Year Built

  • Built in 2002 | Remodeled in 2007

Lot Details

  • 0.27 Acre Lot
  • Backs To Open Common Area
  • No Through Street
  • Property is in very good condition
  • Property is zoned R90

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Shingle Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Brick Wall or Ceiling
  • Two Story Ceilings
  • Skylights
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Shelving
  • Workshop
  • Basement Windows

Home Security

  • Alarm System
  • Fire and Smoke Detector

Horse Facilities and Amenities

  • Indoor Arena

Utilities

  • Humidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Public Septic
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161303353111

Community Details

Overview

  • Association fees include snow removal, trash
  • $75 Other Monthly Fees
  • Built by PORTEN HOMES

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,378

Year Built

Built in 2002 | Remodeled in 2007

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Island, Kitchen - Table Space, Dining Area, Master Bath(s), Built-Ins, Crown Moldings, Window Treatments, Upgraded Countertops, Floor Plan - Open
  • Window Features: Skylights
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Six Panel
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Brick, High
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Den, Foyer, Study, Exercise Room, Great Room, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Shelving, Windows, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 4573
  • Living Area Sq Ft: 4573
  • Price Per Sq Ft: 171.49
  • Above Grade Finished Sq Ft: 3353
  • Below Grade Finished Sq Ft: 1220
  • Total Below Grade Sq Ft: 1220
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Other Structures List: Indoor Arena
  • Construction Materials: Aluminum Siding, Combination, Brick, Brick Front, Shingle Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm, Smoke Detector, Security System
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA: Yes

Fee Information

  • Other Fees: 895.00
  • Other Fees Frequency: Annually

Lot Info

  • Lot Features: Backs - Open Common Area, No Thru Street
  • Lot Size Acres: 0.27
  • Lot Size Area: 11701
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11701.00
  • Property Condition: Very Good
  • Zoning: R90

Building Info

  • Builder Name: PORTEN HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14086732
  • Assessor Parcel Number: 161303353111
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 3352
  • Close Date: 07/05/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
Jul 5, 2013
Sold by
Ly Quynh N
Bought by
Tran Viet Duc
Seller's Agent
Jeanine Do-Trinh
Realty Advantage of Maryland LLC
Buyer's Agent
Viet Tran
Samson Properties
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Current Estimated Value
$889,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,947
Avg. Annual Appreciation
4.16%
Original Mortgage
$400,000
Outstanding Balance
$290,859
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$599,088

Purchase Details

Closed on
Jan 30, 2012
Sold by
Ly Kenneth Chi and Ly Quynh Ngoc
Bought by
Ly Quynh N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
2.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 5, 2002
Sold by
Manor Spring South Llc
Bought by
Ly Kenneth C and Ly Quynh N
Source: Public Records

Range of Values:

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Average Value
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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
Tran Viet Duc $540,000 Ameri Title Services Inc
Ly Quynh N -- None Available
Ly Kenneth C $443,148 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Viet Duc $400,000
Previous Owner Ly Quynh N $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2013 07/05/13 Sold $540,000 -6.1% $118 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $575,000 +6.5% $126 / Sq Ft
05/08/2013 05/08/13 Off Market $540,000 -- --
05/08/2013 05/08/13 For Sale $2,800 -- $1 / 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 $8,378 $677,500 $181,400 $496,100
2024 $8,378 $664,233 $0 $0
2023 $7,511 $650,967 $0 $0
2022 $5,140 $637,700 $181,400 $456,300
2021 $13,774 $627,933 $0 $0
2020 $6,681 $618,167 $0 $0
2019 $6,537 $608,400 $181,400 $427,000
2018 $6,145 $574,600 $0 $0
2017 $5,608 $540,800 $0 $0
2016 -- $507,000 $0 $0
2015 $5,461 $507,000 $0 $0
2014 $5,461 $507,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003502022

Bright MLS

APN: 13-03353111