NOT LISTED FOR SALE

2705 Terrapin Rd Silver Spring, MD 20906

Estimated Value: $347,000 - $400,781

2 Beds
1 Bath
942 Sq Ft
$407/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $232,000 $246 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,490/month

8 Days on Market

Highlights

  • Rambler Architecture
  • 4-minute walk to Glenmont
  • Central Air
  • Wheaton High School Rated A
  • No HOA
  • Heating Available

About This Home

As of May 2019

We have three offers which will be presented on Sunday 4/28 at 6PM. Diamond in the rough in one of the most up and coming neighborhoods in town! So close to the metro! Two-Three bedroom rambler/ranch home in need of all your tender loving care. Owner would prefer cash but will entertain other financing. I don't think FHA or VA will approve. You will have to replace almost everything, but you can have an excellent investment when you are done!!! Offers will be reviewed Saturday or Sunday.

Last Agent to Sell the Property

Karen Rollings

EXP Realty, LLC License #66514 Listed on: 04/23/2019

EXP Realty, LLC

Last Buyer's Agent

kelly speake

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,196

Year Built

  • Built in 1950

Lot Details

  • 8,307 Sq Ft Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 942 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Glenmont Village Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 161301250938

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,196

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Remarks Public: We have three offers which will be presented on Sunday 4/28 at 6PM. Diamond in the rough in one of the most up and coming neighborhoods in town! So close to the metro! Two-Three bedroom rambler/ranch home in need of all your tender loving care. Owner would prefer cash but will entertain other financing. I don't think FHA or VA will approve. You will have to replace almost everything, but you can have an excellent investment when you are done!!! Offers will be reviewed Saturday or Sunday.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 942
  • Living Area Sq Ft: 942
  • Price Per Sq Ft: 249.47
  • Above Grade Finished Sq Ft: 942
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2705

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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: 385.04
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating: Yes
  • 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: 92600.00
  • Land Assessed Value: 164300.00
  • Land Use Code: 011
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8307.00
  • Year Assessed: 2019
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14027830
  • Tax Annual Amount: 3196.00
  • Assessor Parcel Number: 161301250938
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 942
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/21/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
May 21, 2019
Sold by
Thomas Denise Rebecca and Estate Of Evyonne T Harris
Bought by
Zheng Li and Zhu Jun
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
kelly speake
EXP Realty, LLC
List Price
$229,000
Sold Price
$232,000
Premium/Discount to List
$3,000
1.31%
Total Days on Market
8
Current Estimated Value
$383,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,695
Avg. Annual Appreciation
8.69%
Original Mortgage
$174,000
Outstanding Balance
$154,563
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$229,132

Purchase Details

Closed on
Mar 9, 1999
Sold by
Samaniego Felipe
Bought by
Harris Evyonne T
Source: Public Records

Range of Values:

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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
Zheng Li $232,000 Gpn Title Inc
Harris Evyonne T $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Li $174,000
Previous Owner Harris Evyonne T $139,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $232,000 -1.3% $246 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
05/01/2019 05/01/19 Price Changed $235,000 +2.6% $249 / Sq Ft
04/23/2019 04/23/19 For Sale $229,000 -- $243 / 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 $4,036 $293,033 $0 $0
2023 $3,859 $279,367 $0 $0
2022 $3,526 $265,700 $164,300 $101,400
2021 $3,432 $262,767 $0 $0
2020 $3,367 $259,833 $0 $0
2019 $3,301 $256,900 $164,300 $92,600
2018 $2,504 $249,767 $0 $0
2017 $2,437 $242,633 $0 $0
2016 -- $235,500 $0 $0
2015 $2,085 $229,633 $0 $0
2014 $2,085 $223,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Rollings

    Seller's Agent in 2019

    Karen Rollings

    EXP Realty, LLC

    (301) 924-8200

    2 in this area

    520 Total Sales

    Karen Rollings
    Section Image

  • k

    Buyer's Agent in 2019

    kelly speake

    EXP Realty, LLC

    (202) 553-2729

    21 Total Sales

    kelly speake
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC654208

Bright MLS

APN: 13-01250938

Maryland Montgomery County Silver Spring 20906

2705 Terrapin Rd, Silver Spring, MD

This home is located at 2705 Terrapin Rd, Silver Spring, MD 20906 since 23 April 2019 and is currently estimated at $383,695, approximately $407 per square foot. This property was built in 1950. 2705 Terrapin Rd is a home located in Montgomery County with nearby schools including Weller Road Elementary School, A. Mario Loiederman Middle School, and Wheaton High School.

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