NOT LISTED FOR SALE

2505 Arcola Ave Silver Spring, MD 20902

Estimated Value: $529,000 - $566,385

3 Beds
2 Baths
1,600 Sq Ft
$342/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $560,000 $350 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,293/month

45 Days on Market

Highlights

  • Craftsman Architecture
  • Recreation Room
  • Sun or Florida Room
  • Albert Einstein High School Rated A-
  • 1 Fireplace
  • 4-minute walk to Wheaton Local Park

About This Home

As of May 2023

Property qualifies for BOA conventional loan 3% down with up to $17,500.00 grants. Updated Single family with 3 bedrooms 2 bathrooms, Beautiful Gourmet kitchen with Brand New SS appliances and quartz counter Tops, fully finished basement with Rec Room, full bath and laundry area beautiful wooden floors through out the house. There is a sunroom bump out addition on main level with brand new carpet could be used as bedroom on main level or Family room. Both bathrooms are remodeled. Did I mention fresh coat of paint throughout the house? This house is perfect 10 will sell very fast. Brand New HVAC system recently installed. Shingle Roof About 9 years old. Two minutes walk to the Wheaton library. Hurry this will not last long at this price! Seller has to find HOC, Possible rent back needed.

Last Agent to Sell the Property

Kay Bajwa

(202) 689-4256 kay@dmvpremierproperties.com RE/MAX Galaxy Listed on: 04/01/2023

RE/MAX Galaxy

Co-Listed By

DANNY LEUNG

(571) 497-4607 danny@c21teaminternational.com Century 21 Redwood Realty License #675856

Last Buyer's Agent

Duane Samuda

(240) 372-5121 duane.samuda@redfin.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1949 | Remodeled in 2020

Lot Details

  • 6,242 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Finished Basement
  • Connecting Stairway
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • Wheatley Hills Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 161301178001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,406

Year Built

Built in 1949 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1949
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Laundry, Recreation Room, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Total Sq Ft: 1894
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 430.77
  • Above Grade Finished Sq Ft: 1300
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 294
  • Total Below Grade Sq Ft: 594
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 219200.00
  • Land Assessed Value: 172300.00
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6242.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14020910
  • Tax Annual Amount: 4406.00
  • Assessor Parcel Number: 161301178001
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Kuleshov Konstantin
Bought by
Cullison Kevin Stan
Current Estimated Value
$549,503

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 30, 2023
Sold by
Simms William
Bought by
Kuleshov Konstantin
Seller's Agent
Kay Bajwa
RE/MAX Galaxy
Buyer's Agent
Duane Samuda
Redfin Corp
List Price
$555,000
Sold Price
$560,000
Premium/Discount to List
$5,000
0.9%
Views
323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$364,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2004
Sold by
Franceschini Kellen
Bought by
Simms William

Purchase Details

Closed on
Sep 20, 1995
Sold by
Associates Finl Svcs Md
Bought by
Franceschini Kellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,250
Interest Rate
7.81%

Purchase Details

Closed on
Apr 26, 1995
Sold by
Guida Sharon L
Bought by
Associates Fin L Svcs Md
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cullison Kevin Stan -- None Listed On Document
Kuleshov Konstantin $560,000 None Listed On Document
Simms William -- --
Franceschini Kellen $144,000 --
Associates Fin L Svcs Md $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuleshov Konstantin $364,000
Previous Owner Associates Fin L Svcs Md $141,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $560,000 0.0% $350 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/14/2023 05/14/23 Price Changed $560,000 +0.9% $350 / Sq Ft
04/01/2023 04/01/23 For Sale $555,000 -- $347 / 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 $5,041 $391,500 $172,300 $219,200
2024 $5,041 $374,367 $0 $0
2023 $5,511 $357,233 $0 $0
2022 $3,714 $340,100 $172,300 $167,800
2021 $3,302 $325,967 $0 $0
2020 $3,302 $311,833 $0 $0
2019 $3,111 $297,700 $157,300 $140,400
2018 $3,003 $290,167 $0 $0
2017 $2,965 $282,633 $0 $0
2016 -- $275,100 $0 $0
2015 $2,738 $275,100 $0 $0
2014 $2,738 $275,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2087796

Bright MLS

APN: 13-01178001