NOT LISTED FOR SALE

2524 Locustwood Place Silver Spring, MD 20905

Estimated Value: $769,111 - $843,000

5 Beds
3.5 Baths
3,580 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $477,000 $133 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,863/month

Highlights

  • Colonial Architecture
  • Deck
  • Mud Room
  • Cloverly Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of April 2015

Shows well. Vacant, show anytime. Lrg colonial on quiet cul-de-sac. Backs to woods; deck, half screened in. Granite, stainless steel eat-in kitchen; lrg fam rm w built-in bkshlvs; sep dining/lvng/office w hrdwd flrs. Lrg, finished walk-out bsmt w full ba, bdrm. Laundry/mud, 2 car garage. Many updates. Call for more info.

Last Agent to Sell the Property

Kelly Sharpless

ksharpless@gmail.com Kelstar Properties Listed on: 01/18/2015

Last Buyer's Agent

Jo-Ann Henry

(301) 205-0605 JoAnn@JoAnnHenry.com RE/MAX Premiere Selections License #0225072594

RE/MAX Premiere Selections

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,658

Year Built

  • Built in 1988

Lot Details

  • 10,000 Sq Ft Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Crown Molding
  • Fireplace With Glass Doors
  • Window Treatments
  • Window Screens
  • Mud Room
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Game Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Stacked Washer and Dryer
  • Laundry Chute

Finished Basement

  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Alarm System
  • Storm Windows
  • Storm Doors
  • Flood Lights

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Fairland Acres Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160502014417

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,658

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2015-01-18
  • Year Built: 1988
  • Remarks Public: Shows well. Vacant, show anytime. Lrg colonial on quiet cul-de-sac. Backs to woods; deck, half screened in. Granite, stainless steel eat-in kitchen; lrg fam rm w built-in bkshlvs; sep dining/lvng/office w hrdwd flrs. Lrg, finished walk-out bsmt w full ba, bdrm. Laundry/mud, 2 car garage. Many updates. Call for more info.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Range Hood, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Microwave, Oven - Double, Oven/Range - Electric
  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Primary Bath(s), Upgraded Countertops, Laundry Chute, Window Treatments, Built-Ins, Crown Moldings, Wood Floors
  • Window Features: Screens, Storm
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Bedroom 1, Mud Room, Office
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3580
  • Living Area Sq Ft: 3580
  • Price Per Sq Ft: 188.95
  • Above Grade Finished Sq Ft: 2580
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2524

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • 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
  • Construction Materials: Combination, Brick
  • Exterior Features: Flood Lights
  • Pool Private: No
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 257900.00
  • Land Assessed Value: 220300.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13912801
  • Tax Annual Amount: 5657.99
  • Assessor Parcel Number: 160502014417
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 2580
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 04/17/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2015
Closed on
Apr 17, 2015
Sold by
Sharpless Kelly and Sharpless Stacey
Bought by
Smith Robin S and Glenn Kelley U
Seller's Agent
Kelly Sharpless
Kelstar Properties
Buyer's Agent
Jo-Ann Henry
RE/MAX Premiere Selections
List Price
$487,500
Sold Price
$477,000
Premium/Discount to List
-$10,500
-2.15%
Current Estimated Value
$805,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,528
Avg. Annual Appreciation
5.12%
Original Mortgage
$380,800
Outstanding Balance
$293,360
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$512,168

Purchase Details

Closed on
Jan 14, 2003
Sold by
Krame Evan J Tr
Bought by
Sharpless Kelly and Sharpless Stacey

Purchase Details

Closed on
Jul 24, 2000
Sold by
Egan James E and Egan O J
Bought by
Krame Evan J Tr
Source: Public Records

Range of Values:

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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
Smith Robin S $476,000 None Available
Sharpless Kelly $435,000 --
Krame Evan J Tr $296,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Robin S $380,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $477,000 -2.2% $133 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $487,500 +2.2% $136 / Sq Ft
01/18/2015 01/18/15 Off Market $477,000 -- --
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 $7,102 $639,333 -- --
2024 $7,102 $578,067 $0 $0
2023 $5,682 $516,800 $253,400 $263,400
2022 $5,419 $516,800 $253,400 $263,400
2021 $5,347 $516,800 $253,400 $263,400
2020 $5,347 $517,500 $253,400 $264,100
2019 $5,118 $498,067 $0 $0
2018 $4,905 $478,633 $0 $0
2017 $4,783 $459,200 $0 $0
2016 -- $459,200 $0 $0
2015 $4,813 $459,200 $0 $0
2014 $4,813 $478,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002301479

Bright MLS

APN: 05-02014417