NOT LISTED FOR SALE

2602 Spencer Rd Chevy Chase, MD 20815

Estimated Value: $863,000 - $990,035

3 Beds
1 Bath
1,176 Sq Ft
$790/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $590,000 $502 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,778/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Rock Creek Forest Elementary School Rated A
  • No HOA
  • Dining Area

About This Home

As of March 2015

PRICE REDUCED!! Very Best Value in Chevy Chase. Well maintained brick col, 3 BR's, generous LR, Sep DR, updated Kit, enclosed sun porch, bright finished LL Rec Room, lrg level fenced rear yard. Hardwood flrs, fresh paint, ready to move right in - beat the crowds (and rates) and enjoy the spring in popular Rock Creek Forest while your friends are still out looking!

Last Agent to Sell the Property

Barbara Nalls

TTR Sotheby's International Realty Listed on: 01/09/2015

TTR Sotheby's International Realty

Last Buyer's Agent

Courtney Abrams

TTR Sotheby's International Realty License #0225202818

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,629

Year Built

  • Built in 1948

Lot Details

  • 7,390 Sq Ft Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Rear Basement Entry

Schools

  • Rock Creek Forest Elementary School
  • Westland Middle School
  • Bethesda-Chevy Chase High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Rock Creek Forest Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161301161411

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,629

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2015-01-10
  • Year Built: 1948
  • Remarks Public: PRICE REDUCED!! Very Best Value in Chevy Chase. Well maintained brick col, 3 BR's, generous LR, Sep DR, updated Kit, enclosed sun porch, bright finished LL Rec Room, lrg level fenced rear yard. Hardwood flrs, fresh paint, ready to move right in - beat the crowds (and rates) and enjoy the spring in popular Rock Creek Forest while your friends are still out looking!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Full, Partially Finished, Walkout Stairs
  • Living Area Units: Square Feet
  • Street Number Modifier: 2602

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper 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: Forced Air
  • 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

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ROCK CREEK FOREST
  • Middle School: WESTLAND
  • High School: BETHESDA-CHEVY CHASE
  • School District Key: 121138126809
  • Elementary School: ROCK CREEK FOREST
  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Lot Info

  • Improvement Assessed Value: 161600.00
  • Land Assessed Value: 307000.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7390
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7390.00
  • Property Attached Yn: No
  • Year Assessed: 2014
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14019327
  • Tax Annual Amount: 5628.70
  • Assessor Parcel Number: 161301161411
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 1176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/27/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Mar 27, 2015
Sold by
Baines Kathleen B and Baines Andrew I
Bought by
Belford Megan M and Belford David J
Seller's Agent
Barbara Nalls
TTR Sotheby's International Realty
Buyer's Agent
Courtney Abrams
TTR Sotheby's International Realty
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$928,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,759
Avg. Annual Appreciation
4.52%
Original Mortgage
$579,313
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 1999
Sold by
Throckmorton Alice B
Bought by
B Andrew I and B Baines K
Source: Public Records

Range of Values:

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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
Belford Megan M $590,000 First American Title Ins Co
B Andrew I $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belford David J $200,000
Open Belford David $525,000
Closed Belford David J $70,000
Closed Belford Megan M $579,313
Previous Owner Baines Andrew L $365,700
Previous Owner Baines Andrew I $379,000
Previous Owner Baines Kathleen B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $590,000 -3.1% $502 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
01/22/2015 01/22/15 Price Changed $609,000 -2.6% $518 / Sq Ft
01/09/2015 01/09/15 For Sale $625,000 -- $531 / 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 $9,088 $756,800 -- --
2024 $9,088 $731,900 $367,900 $364,000
2023 $9,235 $685,933 $0 $0
2022 $6,964 $639,967 $0 $0
2021 $6,289 $594,000 $367,900 $226,100
2020 $6,289 $587,500 $0 $0
2019 $6,183 $581,000 $0 $0
2018 $6,092 $574,500 $342,900 $231,600
2017 $5,799 $539,200 $0 $0
2016 -- $503,900 $0 $0
2015 $4,677 $468,600 $0 $0
2014 $4,677 $465,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002299689

Bright MLS

APN: 13-01161411