NOT LISTED FOR SALE

2706 Terrapin Rd Silver Spring, MD 20906

Estimated Value: $323,000 - $414,000

2 Beds
1 Bath
792 Sq Ft
$474/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $315,000 $398 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,311/month

4 Days on Market

Highlights

  • 0.17 Acre Lot
  • 4-minute walk to Glenmont
  • Rambler Architecture
  • Wheaton High School Rated A
  • Traditional Floor Plan
  • No HOA

About This Home

As of March 2024

Discover the perfect canvas for your dreams! Nestled in a wonderful location, this charming property amazingly close to the Glenmont metro, bustling shopping centers, and the serene beauty of local parks.

Step into the realm of possibility as you explore this fixer-upper gem, presented in AS-IS condition. Embrace the opportunity to infuse your personal touch, transforming this space into a sanctuary that reflects your unique style and vision.

Imagine the endless possibilities as you envision coming home to this inviting retreat. Whether you're unwinding after a busy day, entertaining loved ones, or simply savoring quiet moments of solace, this is the place where cherished memories are waiting to be made.

With its great location and boundless potential, this property invites you to write the next chapter of your story. Let your imagination soar as you breathe new life into every corner, creating a haven where you can truly thrive.

Take the first step towards realizing your dreams and make this house your own. Embrace the journey of transformation, knowing that every effort you invest will be rewarded with the joy of calling this place home. Seize this opportunity to craft a future filled with happiness, warmth, and endless possibilities.

Last Agent to Sell the Property

Ben Dominguez

(703) 899-3032 bendominguezrealtor@gmail.com Pearson Smith Realty, LLC License #SP40003270 Listed on: 02/15/2024

Pearson Smith Realty, LLC

Last Buyer's Agent

Catalina Sandoval

(301) 536-3560 catalina@thesandovalgroup.com RE/MAX Realty Centre, Inc. License #597597

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 1950

Lot Details

  • 7,419 Sq Ft Lot
  • Chain Link Fence
  • Back Yard Fenced and Front Yard
  • Property is in below average condition
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 792 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Suburban Location

Schools

  • Weller Road Elementary School
  • A. Mario Loiederman Middle School
  • Wheaton High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Glenmont Village Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 161301252972

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,319

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-15
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Discover the perfect canvas for your dreams! Nestled in a wonderful location, this charming property amazingly close to the Glenmont metro, bustling shopping centers, and the serene beauty of local parks. Step into the realm of possibility as you explore this fixer-upper gem, presented in AS-IS condition. Embrace the opportunity to infuse your personal touch, transforming this space into a sanctuary that reflects your unique style and vision. Imagine the endless possibilities as you envision coming home to this inviting retreat. Whether you're unwinding after a busy day, entertaining loved ones, or simply savoring quiet moments of solace, this is the place where cherished memories are waiting to be made. With its great location and boundless potential, this property invites you to write the next chapter of your story. Let your imagination soar as you breathe new life into every corner, creating a haven where you can truly thrive. Take the first step towards realizing your dreams and make this house your own. Embrace the journey of transformation, knowing that every effort you invest will be rewarded with the joy of calling this place home. Seize this opportunity to craft a future filled with happiness, warmth, and endless possibilities.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Floor Plan - Traditional
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 792
  • Living Area Sq Ft: 792
  • Price Per Sq Ft: 441.92
  • Above Grade Finished Sq Ft: 792
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2706

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: Frame
  • Roof: Asphalt
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Sewer Available, Water Available
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WELLER ROAD
  • Middle School: A. MARIO LOIEDERMAN
  • High School: WHEATON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: WELLER ROAD
  • High School: WHEATON
  • Middle Or Junior School: A. MARIO LOIEDERMAN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Chain Link, Rear
  • Land Use Code: R
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7419.00
  • Property Condition: Below Average
  • Year Assessed: 2023
  • 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: 4319.00
  • Assessor Parcel Number: 161301252972
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 792
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/26/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 20, 2024
Sold by
Frederiksen Matthew J and Frederiksen Melinda D
Bought by
Salvatierra Maria R
Seller's Agent
Ben Dominguez
Pearson Smith Realty, LLC
Buyer's Agent
Catalina Sandoval
RE/MAX Realty Centre, Inc.
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Views
220
Current Estimated Value
$375,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,097
Avg. Annual Appreciation
12.01%
Original Mortgage
$286,476
Outstanding Balance
$281,835
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$93,262

Purchase Details

Closed on
Aug 11, 2005
Sold by
Reardon Richard Et Al Tr
Bought by
Frederiksen Matthew J and Frederiksen Melinda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,920
Interest Rate
6.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 1999
Sold by
Reardon Richard C and Reardon A C
Bought by
Reardon Richard 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
Salvatierra Maria R $315,000 Westcor Land Title Insurance C
Salvatierra Maria R $315,000 Westcor Land Title Insurance C
Frederiksen Matthew J $314,900 --
Reardon Richard Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvatierra Maria R $286,476
Closed Salvatierra Maria R $286,476
Previous Owner Frederiksen Matthew J $251,920
Previous Owner Frederiksen Matthew J $62,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $315,000 -10.0% $398 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $350,000 -- $442 / 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 $3,782 $284,800 $161,300 $123,500
2024 $3,782 $272,967 $0 $0
2023 $4,319 $261,133 $0 $0
2022 $2,632 $249,300 $161,300 $88,000
2021 $2,484 $246,767 $0 $0
2020 $2,484 $244,233 $0 $0
2019 $2,424 $241,700 $161,300 $80,400
2018 $2,329 $235,500 $0 $0
2017 $2,295 $229,300 $0 $0
2016 -- $223,100 $0 $0
2015 $1,965 $217,633 $0 $0
2014 $1,965 $212,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2119638

Bright MLS

APN: 13-01252972