NOT LISTED FOR SALE

2740 Hunters Gate Terrace Silver Spring, MD 20904

Estimated Value: $437,000 - $529,000

3 Beds
2.5 Baths
1,480 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $257,000 $174 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,933/month

14 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room
  • Galway Elementary School Rated A-

About This Home

As of April 2014

Great home in great location in very good condition. Please use HUD ID: 249-542649 to download and review documents and more. This is a HUD owned property.

Last Agent to Sell the Property

Mina Sultani

(571) 331-5909 minasultani@gmail.com Coldwell Banker Realty Listed on: 02/20/2014

Coldwell Banker Realty

Co-Listed By

Bradley Griffin

(202) 744-7722 brad@BradleyGriffin.com Coldwell Banker Realty

Last Buyer's Agent

Solomon Laieke

(301) 460-1433 solomon@slaieke.com Samson Properties License #ABR215137

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1987

Lot Details

  • 2,000 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $73 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,480 Sq Ft Home
  • Property has 3 Levels
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Parking

  • Parking Space Number Location: 1
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Calverton Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 160502569663

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,058

Year Built

Built in 1987

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished, Full, Outside Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 1480
  • Living Area Sq Ft: 1480
  • Price Per Sq Ft: 172.30
  • Above Grade Finished Sq Ft: 1480
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 1

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 73.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 88500.00
  • Land Assessed Value: 160000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13915976
  • Tax Annual Amount: 3058.43
  • Assessor Parcel Number: 160502569663
  • Tax Lot: 58
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2014
Closed on
Apr 21, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Kenaa Feleke and Kenaa Blaine
Seller's Agent
Mina Sultani
Coldwell Banker Realty
Buyer's Agent
Solomon Laieke
Samson Properties
List Price
$255,000
Sold Price
$257,000
Premium/Discount to List
$2,000
0.78%
Current Estimated Value
$474,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,220
Avg. Annual Appreciation
5.44%
Original Mortgage
$250,381
Outstanding Balance
$186,910
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$287,310

Purchase Details

Closed on
Sep 9, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 15, 2013
Sold by
Dike Cynthia C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 1, 2009
Sold by
Ibekwe Kene
Bought by
Dike Cynthia C

Purchase Details

Closed on
Oct 29, 2007
Sold by
Ogbebor Evany
Bought by
Ibekwe Kene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2007
Sold by
Ogbebor Evany
Bought by
Ibekwe Kene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Lee Sang Hee
Bought by
Ogbebor Evany

Purchase Details

Closed on
Nov 30, 1999
Sold by
Kim Park R and Kim S O
Bought by
Lee Sang Hee

Purchase Details

Closed on
Aug 1, 1995
Sold by
Brooks Gigi
Bought by
Kim Park R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
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
Kenaa Feleke $257,000 First American Title Ins Co
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $286,731 None Available
Dike Cynthia C $245,000 --
Ibekwe Kene $398,000 --
Ibekwe Kene $398,000 --
Ogbebor Evany $399,000 --
Lee Sang Hee $148,000 --
Kim Park R $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenaa Feleke $250,381
Previous Owner Ibekwe Kene $318,400
Previous Owner Ibekwe Kene $318,400
Previous Owner Kim Park R $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $257,000 +0.8% $174 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $255,000 -- $172 / 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 $4,354 $374,100 -- --
2024 $4,354 $347,300 $0 $0
2023 $3,336 $320,500 $184,800 $135,700
2022 $3,018 $306,500 $0 $0
2021 $2,815 $292,500 $0 $0
2020 $2,639 $278,500 $176,000 $102,500
2019 $2,569 $273,300 $0 $0
2018 $2,509 $268,100 $0 $0
2017 $2,513 $262,900 $0 $0
2016 $3,389 $258,100 $0 $0
2015 $3,389 $253,300 $0 $0
2014 $3,389 $248,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mina Sultani

    Seller's Agent in 2014

    Mina Sultani

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (571) 331-5909

    14 Total Sales

    Mina Sultani
    Section Image
  • Bradley Griffin

    Seller Co-Listing Agent in 2014

    Bradley Griffin

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 744-7722

    80 Total Sales

    Bradley Griffin
    Section Image
  • Solomon Laieke

    Buyer's Agent in 2014

    Solomon Laieke

    Samson Properties

    (301) 460-1433

    1 in this area

    34 Total Sales

    Solomon Laieke
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002846700

Bright MLS

APN: 05-02569663

Maryland Montgomery County Silver Spring 20904

2740 Hunters Gate Terrace, Silver Spring, MD

Not Listed for Sale

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