NOT LISTED FOR SALE

2703 Arcola Ave Silver Spring, MD 20902

Estimated Value: $548,000 - $609,000

4 Beds
3 Baths
1,660 Sq Ft
$354/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $540,000 $325 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,556/month

16 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Albert Einstein High School Rated A-
  • No HOA

About This Home

As of July 2022

Charming, turn-key 4 Bedroom/3 Full Bathroom colonial located in sought after Wheaton Hills. This home is enhanced with:

Beautifully renovated interior.

Freshly installed luxury vinyl floors throughout the main level.

Gas fireplace in the family room.

Beautiful eat-in chef’s kitchen with adjacent formal dining room.

The addition is off the kitchen and includes a full bathroom and ductless heater.

Finished walk-out basement with full bathroom & storage area allows for an additional living area, home office and/or playroom.

Recently upgraded water heater and dishwasher.

Abundant natural light.

Freshly painted.

Off-street parking.

Stunning character and details throughout the home.

The exterior boasts a fully fenced yard, deck with patio, playset and shed. All meticulously cared for.

Beautiful home in a great neighborhood. Within walking distance to the Metro, Wheaton Regional Park, the brand new recreation center, restaurants, shops and more, this home has a lot to offer. Don’t let it pass you by!

Last Agent to Sell the Property

Brian Sobotka

(240) 718-8310 brian.sobotka@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 06/10/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Mr. Rob Gindes

(240) 271-2799 rob.gindes@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dee Owens

(540) 273-2137 deeowens@remax.net RE/MAX Gateway, LLC License #0225227329

RE/MAX Gateway, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 1949

Lot Details

  • 6,975 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

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

Community Details

  • No Home Owners Association
  • Wheaton Hills Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 161301182093

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,310

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-11
  • Federal Flood Zone: No
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1940
  • Living Area Sq Ft: 1660
  • Price Per Sq Ft: 398.48
  • Above Grade Finished Sq Ft: 1380
  • Below Grade Finished Sq Ft: 280
  • Below Grade Sq Ft: 280
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • 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
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 177000.00
  • Land Assessed Value: 174900.00
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6975.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14021311
  • Tax Annual Amount: 4310.00
  • Assessor Parcel Number: 161301182093
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 26, 2022
Sold by
Earl Fenwick Jr
Bought by
Whiting Renee Angelina and Whiting Robert
Seller's Agent
Brian Sobotka
Long & Foster Real Estate, Inc.
Buyer's Agent
Dee Owens
RE/MAX Gateway, LLC
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Current Estimated Value
$587,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,078
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Sep 25, 2008
Sold by
Greer Thomas G
Bought by
Fenwick Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,654
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2008
Sold by
Greer Thomas G
Bought by
Fenwick Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,654
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2008
Sold by
Lasalle Bank National Association
Bought by
Greer Thomas G

Purchase Details

Closed on
Dec 5, 2000
Sold by
Roberson Wesley
Bought by
Roberson Wesley and Roberson T E

Purchase Details

Closed on
Apr 23, 1999
Sold by
Wesley Robinson
Bought by
Roberson Wesley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Whiting Renee Angelina $540,000 First American Title
Whiting Renee Angelina $540,000 First American Title
Fenwick Earl $410,000 --
Fenwick Earl $410,000 --
Greer Thomas G $266,000 --
Lasalle Bank National Association $385,950 --
Roberson Wesley -- --
Roberson Wesley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fenwick Earl $405,654
Previous Owner Fenwick Earl $405,654
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $540,000 -1.8% $325 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $549,900 -- $331 / 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 $6,093 $522,700 $174,900 $347,800
2024 $6,093 $465,767 $0 $0
2023 $6,106 $408,833 $0 $0
2022 $3,845 $351,900 $174,900 $177,000
2021 $3,618 $337,233 $0 $0
2020 $6,841 $322,567 $0 $0
2019 $3,224 $307,900 $159,800 $148,100
2018 $3,111 $299,967 $0 $0
2017 $3,044 $292,033 $0 $0
2016 $2,881 $284,100 $0 $0
2015 $2,881 $284,100 $0 $0
2014 $2,881 $284,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2053810

Bright MLS

APN: 13-01182093