NOT LISTED FOR SALE

2705 Arcola Ave Silver Spring, MD 20902

Estimated Value: $500,000 - $525,000

3 Beds
2 Baths
1,490 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $425,000 $285 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,117/month

8 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Detached Garage
  • Albert Einstein High School Rated A-
  • No HOA
  • Oversized Parking

About This Home

As of July 2023

Location,Location!! In the heart of Wheaton close to everything , Metro station,New library ,Wheaton Regional park, Wheaton Mall, Beltway 495, and restaurants. Large detached garage in rear . This 3 bedrooms, 2 full bathroom colonial brick home is ready for the new homeowner! Seller will need one week rent back.

Last Agent to Sell the Property

Chris Brown

(202) 251-2851 renext4ever@gmail.com CattaWood Spring Realty LLC Listed on: 07/10/2023

Last Buyer's Agent

Vincent Ekuban

(301) 343-2181 thehomeguy@exitre.org EXIT Realty Enterprises License #597280

EXIT Realty Enterprises

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 1949

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Front Facing Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Federal Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Rear and Side Basement Entry
  • Natural lighting in basement

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 3
  • Assessor Parcel Number 161301182207

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,611

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block, Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Side Entrance, Rear Entrance
  • Total Sq Ft: 1770
  • Living Area Sq Ft: 1490
  • Price Per Sq Ft: 351.24
  • Above Grade Finished Sq Ft: 1210
  • 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: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway, Off Site, Off Street, On Street

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
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • 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
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4611.00
  • Assessor Parcel Number: 161301182207
  • Tax Lot: 3
  • 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
Jul 10, 2023
Closed on
Jul 26, 2023
Sold by
Somme Hilton
Bought by
Aguilar Luis and Arauzo Judy
Seller's Agent
Chris Brown
CattaWood Spring Realty LLC
Buyer's Agent
Vincent Ekuban
EXIT Realty Enterprises
List Price
$425,000
Sold Price
$425,000
Views
146
Current Estimated Value
$511,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,275
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
Oct 5, 2004
Sold by
Somme Hilton
Bought by
Hilton Somme

Purchase Details

Closed on
Jul 28, 1995
Sold by
Mandell Steven J
Bought by
Hilton Somme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,317
Interest Rate
7.56%
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
Aguilar Luis $425,000 First American Title
Aguilar Luis $425,000 First American Title
Hilton Somme -- --
Hilton Somme $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hilton Somme $155,317
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $425,000 0.0% $285 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $425,000 -- $285 / 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 $5,256 $410,300 $174,900 $235,400
2024 $5,256 $393,067 $0 $0
2023 $5,725 $375,833 $0 $0
2022 $3,919 $358,600 $174,900 $183,700
2021 $3,506 $344,467 $0 $0
2020 $3,506 $330,333 $0 $0
2019 $3,315 $316,200 $159,800 $156,400
2018 $3,206 $308,600 $0 $0
2017 $3,171 $301,000 $0 $0
2016 -- $293,400 $0 $0
2015 $3,003 $293,400 $0 $0
2014 $3,003 $293,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Chris Brown

    CattaWood Spring Realty LLC

    (202) 251-2851

    1 in this area

    11 Total Sales

    Chris Brown
    Section Image
  • Vincent Ekuban

    Buyer's Agent in 2023

    Vincent Ekuban

    EXIT Realty Enterprises

    (301) 343-2181

    1 in this area

    119 Total Sales

    Vincent Ekuban
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2099880

Bright MLS

APN: 13-01182207

Maryland Montgomery County Silver Spring 20902

2705 Arcola Ave, Silver Spring, MD

Not Listed for Sale

Detached

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