NOT LISTED FOR SALE

2306 Homestead Dr Silver Spring, MD 20902

Forest Glen Neighborhood

Estimated Value: $487,000 - $513,000

2 Beds
1 Bath
847 Sq Ft
$593/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $319,600 $377 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,075/month

44 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Breakfast Area or Nook
  • Oakland Terrace Elementary School Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2015

Charming 2 bedroom 1 bathroom Rambler in Silver Spring. This home is less than 1 mile to Forest Glen Metro and is in close proximity to 495. Enjoy relaxing on the front porch and entertaining on the deck. The brick rambler boasts fresh paint, hardwood floors, newer windows, new hot water heater, new gutters, new doors, and an updated bathroom. The possibilities for the basement are endless..

Last Agent to Sell the Property

Franco Saladino

(301) 466-4668 Franco@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 05/01/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kathi Kershaw

(301) 613-1613 kathi.kershaw@lnf.com Long & Foster Real Estate, Inc. License #SP96736

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 1949

Lot Details

  • 5,800 Sq Ft Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Oakland Terrace Elementary School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Carroll Knolls Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 161301099610

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,465

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1949
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • 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: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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

  • Elementary School: OAKLAND TERRACE

Lot Info

  • Improvement Assessed Value: 84800.00
  • Land Assessed Value: 195900.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5800.00
  • Property Attached Yn: No
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14013431
  • Tax Annual Amount: 3465.23
  • Assessor Parcel Number: 161301099610
  • Tax Lot: 37
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 24, 2015
Sold by
Waddington Robert M and Catlin Krista J
Bought by
Flowers Margaret A and Todhunter Julia A
Seller's Agent
Franco Saladino
Long & Foster Real Estate, Inc.
Buyer's Agent
Kathi Kershaw
Long & Foster Real Estate, Inc.
List Price
$329,500
Sold Price
$319,600
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$502,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,599
Avg. Annual Appreciation
4.41%
Original Mortgage
$303,620
Outstanding Balance
$236,830
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$265,369

Purchase Details

Closed on
May 27, 2004
Sold by
Thompson Paula
Bought by
Waddington Robert M and Catlin Krista J

Purchase Details

Closed on
May 15, 2001
Sold by
Capron James A
Bought by
Thompson Paula

Purchase Details

Closed on
May 10, 1996
Sold by
James A Capron
Bought by
Capron James A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flowers Margaret A $319,600 Attorney
Waddington Robert M $305,000 --
Waddington Robert M $305,000 --
Thompson Paula $158,000 --
Capron James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Margaret A $303,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $319,600 -3.0% $377 / Sq Ft
06/14/2015 06/14/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $329,500 -- $389 / 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 $5,385 $436,700 -- --
2024 $5,385 $410,200 $254,100 $156,100
2023 $4,673 $410,067 $0 $0
2022 $4,425 $409,933 $0 $0
2021 $3,987 $409,800 $228,600 $181,200
2020 $3,987 $378,800 $0 $0
2019 $3,612 $347,800 $0 $0
2018 $3,245 $316,800 $195,900 $120,900
2017 $3,162 $304,767 $0 $0
2016 $2,495 $292,733 $0 $0
2015 $2,495 $280,700 $0 $0
2014 $2,495 $272,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Franco Saladino

    Seller's Agent in 2015

    Franco Saladino

    Long & Foster

    (301) 466-4668

    105 Total Sales

    Franco Saladino
    Section Image
  • Kathi Kershaw

    Buyer's Agent in 2015

    Kathi Kershaw

    Long & Foster

    (301) 613-1613

    42 Total Sales

    Kathi Kershaw
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002329153

Bright MLS

APN: 13-01099610

Maryland Montgomery County Silver Spring 20902 Forest Glen

2306 Homestead Dr, Silver Spring, MD

Not Listed for Sale

Detached

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