NOT LISTED FOR SALE

2618 Cory Terrace Silver Spring, MD 20902

Estimated Value: $524,000 - $555,000

3 Beds
2 Baths
1,558 Sq Ft
$346/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $451,025 $289 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,380/month

6 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Workshop
  • Wood Flooring
  • Sun or Florida Room
  • No HOA

About This Home

As of July 2021

This lovely home is in a great location just blocks from the Glenmont Metro. Freshly painted throughout, beautiful refinished hardwood flooring and new carpeting in the expansive Florida Room Addition this -home is move in ready. The fully finished lower level with fireplace, laundry room, workshop and storage is an added bonus. Fenced yard, deck and off street parking.
New roof *** Newer HVAC *** New hot water heater and spacious deck.
All offers due by 12 noon July 2nd.
Area attractions include Brookside Gardens, Wheaton Regional Park, a new public library, community swimming pool, Westfield Mall, and Costco.

Last Agent to Sell the Property

Ellen Coleman

RE/MAX Realty Centre, Inc. Listed on: 06/26/2021

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Lorin Culver

Coldwell Banker Realty License #SP98374312

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 1958

Lot Details

  • 6,308 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Sun or Florida Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Workshop
  • Basement Windows

Utilities

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

Community Details

  • No Home Owners Association
  • Kingswell Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 161301336081

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,963

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-06-27
  • Federal Flood Zone: No
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: This lovely home is in a great location just blocks from the Glenmont Metro. Freshly painted throughout, beautiful refinished hardwood flooring and new carpeting in the expansive Florida Room Addition this -home is move in ready. The fully finished lower level with fireplace, laundry room, workshop and storage is an added bonus. Fenced yard, deck and off street parking. New roof *** Newer HVAC *** New hot water heater and spacious deck. All offers due by 12 noon July 2nd. Area attractions include Brookside Gardens, Wheaton Regional Park, a new public library, community swimming pool, Westfield Mall, and Costco.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Sun/Florida Room, Laundry, Workshop
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Rear Entrance, Windows, Workshop
  • Total Sq Ft: 2046
  • Living Area Sq Ft: 1558
  • Price Per Sq Ft: 425.33
  • Above Grade Finished Sq Ft: 1058
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 488
  • Total Below Grade Sq Ft: 988
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2618

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Asphalt
  • 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

Utilities

  • Refuse: 416.42
  • 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
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 150400.00
  • Land Assessed Value: 172500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6308.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R60
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14036062
  • Tax Annual Amount: 3963.00
  • Assessor Parcel Number: 161301336081
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 1558
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/29/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Jul 29, 2021
Sold by
Schindel Brian P and Schindel Meryl D
Bought by
Lambebo Degefa and Lamora Tumside
Seller's Agent
Ellen Coleman
RE/MAX Realty Centre, Inc.
Buyer's Agent
Lorin Culver
Coldwell Banker Realty
List Price
$449,999
Sold Price
$451,025
Premium/Discount to List
$1,026
0.23%
Current Estimated Value
$539,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,771
Avg. Annual Appreciation
4.32%
Original Mortgage
$370,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2000
Sold by
Schindel Meryl D and Schindel M L
Bought by
Schindel Meryl D Et Al Tr
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
Lambebo Degefa $451,024 Gpn Title Inc
Schindel Meryl D Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambebo Degefa $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $451,025 +0.2% $289 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $449,999 -- $289 / 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
2024 $5,264 $393,767 $0 $0
2023 $5,524 $358,333 $0 $0
2022 $3,525 $322,900 $172,500 $150,400
2021 $2,926 $319,333 $0 $0
2020 $2,858 $315,767 $0 $0
2019 $2,791 $312,200 $157,500 $154,700
2018 $2,716 $306,833 $0 $0
2017 $3,182 $301,467 $0 $0
2016 -- $296,100 $0 $0
2015 $2,364 $278,733 $0 $0
2014 $2,364 $261,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ellen Coleman

    Seller's Agent in 2021

    Ellen Coleman

    RE/MAX

    (301) 538-4049

    2 in this area

    150 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Lorin Culver

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC758642

Bright MLS

APN: 13-01336081

Maryland Montgomery County Silver Spring 20902

2618 Cory Terrace, Silver Spring, MD

This home is located at 2618 Cory Terrace, Silver Spring, MD 20902 since 26 June 2021 and is currently estimated at $539,796, approximately $346 per square foot. This property was built in 1958. 2618 Cory Terrace is a home located in Montgomery County with nearby schools including Arcola Elementary School, Odessa Shannon Middle School, and Northwood High School.

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