NOT LISTED FOR SALE

2717 Terrapin Rd Silver Spring, MD 20906

Estimated Value: $372,000 - $465,000

3 Beds
2 Baths
1,080 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $242,000 $224 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,576/month

14 Days on Market

Highlights

  • 0.15 Acre Lot
  • Rambler Architecture
  • No HOA
  • Wheaton High School Rated A
  • 1 Fireplace
  • Country Kitchen

About This Home

As of May 2015

This property is eligible under the Freddie Mac First Look Initiative through 4/14/2015. Investor offers will be considered after 4/14/2015 if an owner occupant has not been accepted. Seller is exempt from paying transfer and recordation taxes and Buyer to pay all.

Last Agent to Sell the Property

Nick Carras

(301) 606-4008 nick@nickcarras.com RE/MAX Results Listed on: 03/26/2015

RE/MAX Results

Last Buyer's Agent

Christina Bolton

(410) 575-4132 Christinabolton@kw.com The KW Collective

The KW Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 1950

Lot Details

  • 6,633 Sq Ft Lot
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Glenmont Village Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 161301251875

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,908

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Special Assessment Payment: Annually
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range Hood, Oven/Range - Gas
  • Interior Amenities: Kitchen - Country
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Living 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

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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

Lot Info

  • Improvement Assessed Value: 68000.00
  • Land Assessed Value: 158600.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6633
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6633.00
  • Property Attached Yn: No
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14027925
  • Tax Annual Amount: 2908.37
  • Assessor Parcel Number: 161301251875
  • Tax Lot: 33
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Melandez Saul E Larios and Diaz Maria A
Bought by
Melendez Saul E Larios and Diaz Maria A
Current Estimated Value
$425,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$201,028
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$224,073

Purchase Details

Listed on
Mar 26, 2015
Closed on
Apr 15, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Larios Melandez Saul E and Larios Diaz Maria A
Seller's Agent
Nick Carras
RE/MAX Results
Buyer's Agent
Christina Bolton
The KW Collective
List Price
$239,900
Sold Price
$242,000
Premium/Discount to List
$2,100
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$237,616
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2015
Sold by
Giron Carlos E and Granados Wilfredo E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 1, 2006
Sold by
Punhong Pongpun
Bought by
Giron Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 22, 2006
Sold by
Punhong Pongpun
Bought by
Giron Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 6, 2000
Sold by
Gamble Alvin
Bought by
Punhong Pongpun

Purchase Details

Closed on
Sep 1, 1998
Sold by
Housing Authority Of
Bought by
Gamble Alvin
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
Melendez Saul E Larios -- Accommodation
Larios Melandez Saul E $242,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $191,429 Attorney
Giron Carlos E $365,000 --
Giron Carlos E $365,000 --
Punhong Pongpun $115,000 --
Gamble Alvin $22,944 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Saul E Larios $225,000
Closed Larios Melandez Saul E $5,000
Previous Owner Larios Melandez Saul E $237,616
Previous Owner Giron Carlos E $73,000
Previous Owner Giron Carlos E $292,000
Previous Owner Giron Carlos E $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $242,000 +0.9% $224 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $239,900 -- $222 / 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 $4,240 $320,300 $158,600 $161,700
2024 $4,240 $304,800 $0 $0
2023 $3,344 $289,300 $0 $0
2022 $2,983 $273,800 $158,600 $115,200
2021 $2,819 $264,767 $0 $0
2020 $2,683 $255,733 $0 $0
2019 $2,549 $246,700 $158,600 $88,100
2018 $2,449 $240,000 $0 $0
2017 $3,074 $233,300 $0 $0
2016 -- $226,600 $0 $0
2015 $2,054 $222,733 $0 $0
2014 $2,054 $218,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002317785

Bright MLS

APN: 13-01251875