NOT LISTED FOR SALE

2610 Arcola Ave Silver Spring, MD 20902

Estimated Value: $601,000 - $667,581

4 Beds
2.5 Baths
1,982 Sq Ft
$326/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $643,000 $324 Per Sq Ft

Current estimated payment $3,951/month

5 Days on Market

Highlights

  • Second Kitchen
  • Gourmet Kitchen
  • Colonial Architecture
  • Albert Einstein High School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of September 2022

*** Sunday 9/4/2022 Open house is still on schedule from 1-3pm ***

Offers if any, will be reviewed tuesday September 6 after 6pm

INCOME PROPERTY disguised as a Wheaton Hills classic colonial! Welcome to this rare opportunity to enjoy the convenience, comfort and value of close-in suburban life while also earning some income from a completely separate basement rental unit! Often, listings will say "income potential" or you COULD rent out one of the rooms or even 'house-hack', but 2610 Arcola ave has a legal and properly permitted, completely separate basement apartment with a second kitchen and laundry set up along with a secure and separate entrance. We are not speaking in hypothetical scenarios when we say this property can function as an owner, occupied short-term or long-term rental right away, and with the proximity to Wheaton metro and bus lines means you will have no shortage of interested applicants! In addition to the rentability of the lower level, you have a .17 acre corner lot that is beautifully maintained and manicured with mature trees and plenty of space for outdoor entertaining. Just off the kitchen, there is a spacious and private patio that is perfect for summer barbecues or spring and fall evenings gathered around the fire pit and enjoying the string lights.
The first thing you will notice about the main level of the home is the beautifully maintained and refinished oak hardwood floors in the living room and formal dining room. The living room has a gas-insert fireplace and stylish hearth with shiplap accent walls above the mantle and on the side of the stairs. There is a built-in, high-quality sound system for the first level of the home, recessed lights, and smart home features including a smart thermostat and doorbell with a camera. The formal dining room has a striking chandelier that defines the space along with oversized windows that give warm and diffuse natural light, the perfect compliments to meals with 6-8 friends and family who can comfortably enjoy time together in this space! There is a convenient half bath and laundry just off of the dining room and a door to the backyard as well as a coat closet. The dining room flows perfectly into the truly stunning kitchen expansion. The ceiling was raised to give the space a sense of grandeur and luxury to match the thoughtful high-end finishes, and the anchor of the kitchen is Chef's gas range with stylish range hood, There is a beautiful ceramic tile backsplash that brings together the 42-inch shaker cabinets, custom stone countertops, and under cabinet lighting. The oversized farmhouse sink has a stainless steel finish and represents the marriage of form and function that this kitchen embodies. There is bonus storage along the far wall of the kitchen as well as extra counter space for all your needs! The final aesthetic feature of this kitchen that you will notice and appreciate is the exposed brick over the spacious kitchen island that accentuates the ceiling height difference and shows where the original outside of the home was before the kitchen expansion and renovation. The upper level features 3 generous bedrooms with ample closet and storage space, an office with an accent wall, and a stunning primary bathroom. The primary bathroom has beautiful tile work on the walls and floors as well as an oversized and custom modern vanity. The location is outstanding with easy access to all the amenities in Wheaton including the brand new library and parks, including the Wheaton train station, ice rink, and regional park. It is a quick commute to 495 or up to Rockville with multiple, connecting roads not far away. Welcome home and do not miss out on this opportunity!

Last Agent to Sell the Property

Harrison Beacher

(202) 843-8000 hlbrealtor@gmail.com Keller Williams Capital Properties License #634687 Listed on: 09/01/2022

Keller Williams Capital Properties

Co-Listed By

Ryan Butler

(720) 530-4729 ryan@coalitionpg.com Keller Williams Capital Properties

Last Buyer's Agent

Amir Forghani

(301) 704-8778 amir@getamir.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 1949 | Remodeled in 2018

Lot Details

  • 7,314 Sq Ft Lot
  • South Facing Home
  • Corner Lot
  • Level Lot
  • Back and Side Yard
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Bar
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Gas Oven or Range
  • Built-In Range
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Out Basement
  • Side Exterior Basement Entry
  • Water Proofing System
  • Sump Pump
  • Basement Windows

Home Security

  • Exterior Cameras
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 150 Amp Service
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Wheaton Hills Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 161301181602

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,139

Year Built

Built in 1949 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Seller personal property.
  • Historic: No
  • Inclusions: all installed appliances and fixtures
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 9/1/2022 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1949
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Oven/Range - Gas, Stainless Steel Appliances
  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Attic, Bar, Built-Ins, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Window Features: Double Pane, Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Utility Room, Bathroom 2, Bathroom 3, Half Bath, Additional Bedroom
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Outside Entrance, Side Entrance, Sump Pump, Walkout Stairs, Water Proofing System, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 1982
  • Living Area Sq Ft: 1982
  • Price Per Sq Ft: 431.74
  • Above Grade Finished Sq Ft: 1388
  • Below Grade Finished Sq Ft: 594
  • Total Below Grade Sq Ft: 594
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Shingle
  • Spa: 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: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Carbon Monoxide Detector(s), Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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 Features: Corner, Level, Sideyard(s), Rear Yard
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7314.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 5139.00
  • Assessor Parcel Number: 161301181602
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Sep 30, 2022
Sold by
Chao Daniel
Bought by
Palmiotto Daniel and Palmiotto Kali Mills
Seller's Agent
Harrison Beacher
Keller Williams Capital Properties
Buyer's Agent
Amir Forghani
Long & Foster Real Estate, Inc.
List Price
$599,261
Sold Price
$643,000
Premium/Discount to List
$43,739
7.3%
Views
31
Current Estimated Value
$645,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,395
Avg. Annual Appreciation
0.11%
Original Mortgage
$546,550
Outstanding Balance
$524,518
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$120,877

Purchase Details

Listed on
Oct 22, 2019
Closed on
Nov 4, 2019
Sold by
Boschma Luke and Boschma Kcrystal
Bought by
Chao Daniel and Chao Sandra
Seller's Agent
Dana Rice
Compass
Buyer's Agent
Dana Rice
Compass
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$463,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 24, 2014
Sold by
Us Bank National Association
Bought by
Boschma Luke and Boschma Kcrystal
Seller's Agent
Jennifer Young
Keller Williams Realty
Buyer's Agent
Kenn Blagburn
DC Real Property,LLC
List Price
$289,900
Sold Price
$289,000
Premium/Discount to List
-$900
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$330,737
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2014
Closed on
Sep 3, 2014
Sold by
Joegriner Marzena C and Joegriner Paul E
Bought by
U S Bank National Association
Seller's Agent
Jennifer Young
Keller Williams Realty
Buyer's Agent
Kenn Blagburn
DC Real Property,LLC
List Price
$289,900
Sold Price
$289,000
Premium/Discount to List
-$900
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,737
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2000
Sold by
Pue R Lansdale
Bought by
Joegriner Paul E and Joegriner C M
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palmiotto Daniel $643,000 Legacyhouse Title
Chao Daniel $500,000 Kvs Title Llc
Boschma Luke $289,000 Fidelity Natl Title Ins Co
U S Bank National Association $260,000 None Available
Joegriner Paul E $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmiotto Daniel $546,550
Previous Owner Chao Daniel $463,000
Previous Owner Boschma Luke $330,737
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $643,000 +7.3% $324 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $599,261 +19.9% $302 / Sq Ft
11/15/2019 11/15/19 Sold $500,000 0.0% $281 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $500,000 +73.0% $281 / Sq Ft
10/24/2014 10/24/14 Sold $289,000 -0.3% $162 / Sq Ft View Prior Sale
08/01/2014 08/01/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $289,900 -- $163 / 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 $6,822 $566,300 $176,000 $390,300
2024 $6,822 $535,033 $0 $0
2023 $7,136 $503,767 $0 $0
2022 $5,116 $472,500 $176,000 $296,500
2021 $4,447 $417,633 $0 $0
2020 $3,810 $362,767 $0 $0
2019 $3,172 $307,900 $160,900 $147,000
2018 $3,315 $300,067 $0 $0
2017 $3,000 $292,233 $0 $0
2016 -- $284,400 $0 $0
2015 $3,475 $283,967 $0 $0
2014 $3,475 $283,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2064830

Bright MLS

APN: 13-01181602