NOT LISTED FOR SALE

2602 Cory Terrace Silver Spring, MD 20902

Estimated Value: $515,000 - $565,000

4 Beds
2 Baths
1,706 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $535,000 $314 Per Sq Ft

Current estimated payment $3,223/month

12 Days on Market

Highlights

  • Second Kitchen
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • Recessed Lighting

About This Home

As of May 2024

Great Location, highly sought after Kingswell Community! Less than a mile to Glenmont Metro Station, Dining, Shopping and other entertainment activity. This home boast four bedroom, and two full baths with the ability to have a full in-law suite in brand new fully finished basement which includes an ample kitchenete. NO HOA! SOLD AS-IS

Last Agent to Sell the Property

Johan Gunawan

(301) 970-2447 johan7207@gmail.com Taylor Properties License #SP98358234 Listed on: 03/19/2024

Taylor Properties

Last Buyer's Agent

Felipe Perez

(301) 881-9800 service@realty-advantage.com Realty Advantage of Maryland LLC License #582673

Realty Advantage of Maryland LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,989

Year Built

  • Built in 1958

Lot Details

  • 7,880 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Split Foyer
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Property has 2 Levels
  • Recessed Lighting
  • 1 Fireplace
  • Combination Dining and Living Room
  • Finished Basement
  • Interior Basement Entry

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 2 Driveway Spaces

Utilities

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

Additional Features

  • Halls are 36 inches wide or more
  • Shed

Community Details

  • No Home Owners Association
  • Kingswell Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 161301335292

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,989

Year Built

Built in 1958

Lot Details

7,880 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven/Range - Gas, Refrigerator, Range Hood, Stove, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Carpet, Combination Dining/Living, Entry Level Bedroom, Recessed Lighting, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Interior Access
  • Total Sq Ft: 1706
  • Living Area Sq Ft: 1706
  • Price Per Sq Ft: 525.84
  • Above Grade Finished Sq Ft: 1006
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 2

Utilities

  • Refuse: 576.93
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7880.00
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4989.00
  • Assessor Parcel Number: 161301335292
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 10, 2024
Sold by
Veronica Elni and Joesoef Elni Veronica
Bought by
Velasquez Guevara Luis Miguel and Alfonso Guevara Jose
Seller's Agent
Johan Gunawan
Taylor Properties
Buyer's Agent
Felipe Perez
Realty Advantage of Maryland LLC
List Price
$529,000
Sold Price
$535,000
Premium/Discount to List
$6,000
1.13%
Views
146
Current Estimated Value
$537,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,600
Avg. Annual Appreciation
0.64%
Original Mortgage
$525,309
Outstanding Balance
$515,835
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$25,205

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 18, 2022
Sold by
Wood Lionel V and Wood Kasandra F
Bought by
Joesoef Irmansjah
Seller's Agent
Maurice Wood
Own Real Estate
Buyer's Agent
Andrew Gilbert
Coldwell Banker Realty
List Price
$430,000
Sold Price
$470,000
Premium/Discount to List
$40,000
9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$442,612
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2022
Sold by
Joesoef Irmansjah
Bought by
Joesoef Irmansjah and Joesoef Veronica Elni

Purchase Details

Closed on
Dec 24, 1997
Sold by
J John A and J Swanson E
Bought by
F Lionel V and F Wood K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velasquez Guevara Luis Miguel $535,000 First American Title
Velasquez Guevara Luis Miguel $535,000 First American Title
Joesoef Irmansjah $470,000 First National Title
Joesoef Irmansjah -- Counselors Title
F Lionel V $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Guevara Luis Miguel $525,309
Closed Velasquez Guevara Luis Miguel $525,309
Previous Owner Joesoef Irmansjah $442,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $535,000 +1.1% $314 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $529,000 +12.6% $310 / Sq Ft
05/26/2022 05/26/22 Sold $470,000 +9.3% $275 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $430,000 -- $252 / Sq Ft
Source: Bright MLS

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 $5,476 $452,400 $200,000 $252,400
2024 $5,476 $412,200 $0 $0
2023 $4,216 $372,000 $0 $0
2022 $3,623 $331,800 $178,000 $153,800
2021 $3,544 $330,500 $0 $0
2020 $3,494 $329,200 $0 $0
2019 $3,444 $327,900 $162,800 $165,100
2018 $3,356 $322,100 $0 $0
2017 $3,347 $316,300 $0 $0
2016 -- $310,500 $0 $0
2015 $2,520 $293,167 $0 $0
2014 $2,520 $275,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2124310

Bright MLS

APN: 13-01335292

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