NOT LISTED FOR SALE

2723 Fairdale Terrace Silver Spring, MD 20905

Estimated Value: $396,000 - $415,000

3 Beds
1.5 Baths
1,140 Sq Ft
$356/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $250,000 $219 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,654/month

107 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Living Room
  • James Hubert Blake High School Rated A
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of July 2016

Lovely interior unit in quiet community with quick access to the ICC and transportation points into Washington DC. Fresh condition with new kitchen and carpets, full unfinished basement. All new energy efficient windows and sliding glass door. Priced well for the market.

Last Agent to Sell the Property

Harold Huggins

Harold H. Huggins Realty, Inc. License #01728 Listed on: 03/05/2016

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 1987

Lot Details

  • 1,425 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Entrance Foyer
  • Living Room
  • Utility Room
  • Laundry Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Parking

  • Free Parking
  • Surface Parking

Schools

  • Fairland Elementary School
  • Benjamin Banneker Middle School
  • James Hubert Blake High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Fairland Farms Community
  • Fairland Farms Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 160502591824

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,509

Year Built

Built in 1987

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2016-03-05
  • Year Built: 1987
  • Remarks Public: Lovely interior unit in quiet community with quick access to the ICC and transportation points into Washington DC. Fresh condition with new kitchen and carpets, full unfinished basement. All new energy efficient windows and sliding glass door. Priced well for the market.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Foyer, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 2723

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Surface

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 130.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FAIRLAND
  • Middle School: BENJAMIN BANNEKER
  • High School: JAMES HUBERT BLAKE
  • School District Key: 121138126809
  • Elementary School: FAIRLAND
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: BENJAMIN BANNEKER

Lot Info

  • Improvement Assessed Value: 77800.00
  • Land Assessed Value: 138000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1425
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1425.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13849970
  • Tax Annual Amount: 2509.27
  • Assessor Parcel Number: 160502591824
  • Tax Lot: 33
  • Tax Total Finished Sq Ft: 1140
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 07/27/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2016
Closed on
Jul 7, 2016
Sold by
Sher Valerie L and Estate Of Tod D Sher
Bought by
Roofe Demetric A
Seller's Agent
Harold Huggins
Harold H. Huggins Realty, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$406,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,204
Avg. Annual Appreciation
5.51%
Original Mortgage
$245,471
Outstanding Balance
$195,159
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$211,045

Purchase Details

Closed on
Jun 1, 1988
Bought by
Sher Tod D
Source: Public Records

Range of Values:

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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
Roofe Demetric A $250,000 Commonwealth Land Title
Sher Tod D $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roofe Demetric A $245,471
Previous Owner Sher Tod D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $250,000 -5.7% $219 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $265,000 0.0% $232 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $265,000 -- $232 / 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 $3,595 $298,200 -- --
2024 $3,595 $281,400 $0 $0
2023 $2,692 $264,600 $138,000 $126,600
2022 $2,460 $255,900 $0 $0
2021 $2,198 $247,200 $0 $0
2020 $2,198 $238,500 $138,000 $100,500
2019 $2,102 $230,933 $0 $0
2018 $2,015 $223,367 $0 $0
2017 $1,975 $215,800 $0 $0
2016 -- $210,267 $0 $0
2015 $1,940 $204,733 $0 $0
2014 $1,940 $199,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Harold Huggins

    Seller's Agent in 2016

    Harold Huggins

    Harold H. Huggins Realty, Inc.

    (800) 886-1133

    1 in this area

    9 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: 1002402203

Bright MLS

APN: 05-02591824

Maryland Montgomery County Silver Spring 20905

2723 Fairdale Terrace, Silver Spring, MD

This home is located at 2723 Fairdale Terrace, Silver Spring, MD 20905 since 05 March 2016 and is currently estimated at $406,204, approximately $356 per square foot. This property was built in 1987. 2723 Fairdale Terrace is a home located in Montgomery County with nearby schools including Fairland Elementary School, Benjamin Banneker Middle School, and James Hubert Blake High School.

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