NOT LISTED FOR SALE

2505 Arcola Ave Silver Spring, MD 20902

Wheaton Area

Estimated Value: $570,000 - $576,000

3 Beds
2 Baths
1,600 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2023

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

Est. 2% increase in value since last sale

Current estimated payment $3,532 / mo

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

Khalida Kay Bajwa

(888) 884-3396 waleed@theteamusa.com RE/MAX Galaxy Listed on: 04/01/2023

Co-Listed By

DANNY LEUNG

(202) 506-3674 danny@c21teaminternational.com Century 21 Redwood Realty License #675856

Last Buyer's Agent

Duane Samuda

(301) 658-6186 duane.samuda@redfin.com Redfin Corp

Redfin Corp

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 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
  • Heating System Uses Natural Gas
  • 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

6,242 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Bought by
Current Estimated Value
$573,429

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 30, 2023
Sold by
Bought by
Seller's Agent
Khalida 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
322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%
Original Mortgage
$364,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Spring, MD

  • Mr. Eric Stewart Real Estate Agent - Long & Foster Real Estate, Inc.

    Mr. Eric Stewart

    Long & Foster Real Estate, Inc.

    (240) 702-1551

    387 Total Sales

    2 in Wheaton

    $629K - $653K Price Range

    Mr. Eric Stewart
     Section Image
  • Jean Pagan-Bullock Real Estate Agent - Long & Foster Real Estate, Inc.

    Jean Pagan-Bullock

    Long & Foster Real Estate, Inc.

    (202) 902-8123

    58 Total Sales

    1 in Wheaton

    $235,000 Price

    Jean Pagan-Bullock
     Section Image
  • Andrew Riguzzi Real Estate Agent - Compass

    Andrew Riguzzi

    Compass

    (866) 970-6311

    193 Total Sales

    1 in Wheaton

    $655,000 Price

    Andrew Riguzzi
     Section Image
  • Gretchen Wichlinski Real Estate Agent - Compass

    Gretchen Wichlinski

    Compass

    (667) 230-5069

    93 Total Sales

    1 in Wheaton

    $800,385 Price

    Gretchen Wichlinski
     Section Image
  • Coni Otto Real Estate Agent - Long & Foster Real Estate, Inc.

    Coni Otto

    Long & Foster Real Estate, Inc.

    (202) 929-0811

    60 Total Sales

    1 in Wheaton

    $360,000 Price

    Coni Otto
     Section Image
  • Cathy Kane Real Estate Agent - Samson Properties

    Cathy Kane

    Samson Properties

    (202) 791-4043

    172 Total Sales

    1 in Wheaton

    $617,000 Price

    Cathy Kane
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$560,000 None Listed On Document
-- --
$144,000 --
$124,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $364,000
Previous Owner $173,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,633 $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

  • Khalida Kay Bajwa Real Estate Agent - RE/MAX Galaxy

    Seller's Agent in 2023

    Khalida Kay Bajwa

    RE/MAX Galaxy

    (202) 978-4217

    205 Total Sales

    Khalida Kay Bajwa
    Section Image
  • DANNY LEUNG Real Estate Agent - Century 21 Redwood Realty

    Seller Co-Listing Agent in 2023

    DANNY LEUNG

    Century 21 Redwood Realty

    (571) 497-4607

    231 Total Sales

    DANNY LEUNG
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2087796

Bright MLS

APN: 13-01178001

Maryland Montgomery County Silver Spring 20902

2505 Arcola Ave, Silver Spring, MD

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