NOT LISTED FOR SALE

2801 Norbeck Rd Silver Spring, MD 20906

Estimated Value: $616,000 - $670,000

3 Beds
2 Baths
1,150 Sq Ft
$564/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $500,000 $435 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,915/month

3 Days on Market

Highlights

  • Scenic Views
  • 2.56 Acre Lot
  • Partially Wooded Lot
  • Flower Valley Elementary School Rated A
  • Private Lot
  • Rambler Architecture

About This Home

As of May 2023

* OFFER DEADLINE MONDAY, 04/24 @ 3:00 PM. PLEASE SUBMIT ALL OFFERS BY DEADLINE * ***AMAZING INVESTMENT OPPORTUNITY***Ranch style structure on wonderfully large 2.56 acre very private property that provides an opportunity to either rebuild and expand the existing structure or tear down the existing structure and build a much larger home. There are plenty of trees for privacy as well as a large cleared area within the parcel where the existing structure is currently perched. There's also a large metal privacy gate at the property entrance at Norbeck Road, where the long grass driveway/path begins to enter the property. This property is sitting in a fantastic location on Norbeck Road, just across from Leisure World, with the Leisure World Shopping Center just down Georgia Ave and less than a mile to the ICC/200, for quick access to both I270 or I495. The property is also nearby to lots of shopping, schools, parks and restaurants in all directions, Olney, Rockville, Silver Spring and Wheaton). ***NOTE PROPERTY CURRENTLY UNINHABITABLE. USE CAUTION WHEN ENTERING PROPERTY, AS WELL AS WALKING AROUND STRUCTURE. ***PROPERTY IS BEING SOLD IN AS-IS CONDTION.***

Last Agent to Sell the Property

Bryan Kerrigan

(301) 525-7453 bryan.kerrigan@redfin.com Redfin Corp License #644396 Listed on: 04/20/2023

Redfin Corp

Last Buyer's Agent

Bruce Small

(301) 807-6351 brucesmall@agentdca.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 1979

Lot Details

  • 2.56 Acre Lot
  • Private Lot
  • Secluded Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned RE2

Home Design

  • Rambler Architecture
  • Entry on the 2nd floor
  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Scenic Vista Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces
  • Unpaved Parking

Schools

  • Flower Valley Elementary School
  • Earle B. Wood Middle School
  • Rockville High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Olney Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160800708283

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,850

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-04-20
  • Federal Flood Zone: No
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: * OFFER DEADLINE MONDAY, 04/24 @ 3:00 PM. PLEASE SUBMIT ALL OFFERS BY DEADLINE * ***AMAZING INVESTMENT OPPORTUNITY***Ranch style structure on wonderfully large 2.56 acre very private property that provides an opportunity to either rebuild and expand the existing structure or tear down the existing structure and build a much larger home. There are plenty of trees for privacy as well as a large cleared area within the parcel where the existing structure is currently perched. There's also a large metal privacy gate at the property entrance at Norbeck Road, where the long grass driveway/path begins to enter the property. This property is sitting in a fantastic location on Norbeck Road, just across from Leisure World, with the Leisure World Shopping Center just down Georgia Ave and less than a mile to the ICC/200, for quick access to both I270 or I495. The property is also nearby to lots of shopping, schools, parks and restaurants in all directions, Olney, Rockville, Silver Spring and Wheaton). ***NOTE PROPERTY CURRENTLY UNINHABITABLE. USE CAUTION WHEN ENTERING PROPERTY, AS WELL AS WALKING AROUND STRUCTURE. ***PROPERTY IS BEING SOLD IN AS-IS CONDTION.***
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Foundation Details: Other
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 304.35
  • Above Grade Finished Sq Ft: 1150
  • Below Grade Sq Ft: 1150
  • Total Below Grade Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2801

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

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Roof: Shingle
  • Spa: No
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FLOWER VALLEY
  • Middle School: EARLE B. WOOD
  • High School: ROCKVILLE
  • 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: FLOWER VALLEY
  • High School: ROCKVILLE
  • Middle Or Junior School: EARLE B. WOOD

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 139100.00
  • Land Assessed Value: 248700.00
  • Land Use Code: R
  • Lot Features: Backs To Trees, Cleared, Partly Wooded, Private, Secluded, Trees/Wooded
  • Lot Size Acres: 2.56
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 111514.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: RE2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13895156
  • Tax Annual Amount: 4850.00
  • Assessor Parcel Number: 160800708283
  • Tax Total Finished Sq Ft: 1150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/09/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Prudencio Elba Y and Matamoros Walter G
Bought by
Arriaza Chicas Mario Orlando and Magana De Arriaza
Current Estimated Value
$649,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$631,692
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$17,318

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 5, 2023
Sold by
Taylor Tania Michelle Glee
Bought by
Prudencio Elba Y and Matamoros Walter G
Seller's Agent
Bryan Kerrigan
Redfin Corp
Buyer's Agent
Bruce Small
Samson Properties
List Price
$350,000
Sold Price
$500,000
Premium/Discount to List
$150,000
42.86%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arriaza Chicas Mario Orlando $650,000 Harvest Title
Arriaza Chicas Mario Orlando $650,000 Harvest Title
Prudencio Elba Y $500,000 Firm Title
Prudencio Elba Y $500,000 Firm Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arriaza Chicas Mario Orlando $638,226
Closed Arriaza Chicas Mario Orlando $638,226
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Sold $500,000 +42.9% $435 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $350,000 -- $304 / 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 $5,535 $448,667 -- --
2024 $5,535 $418,233 $0 $0
2023 $2,570 $387,800 $248,700 $139,100
2022 $4,158 $380,867 $0 $0
2021 $3,902 $373,933 $0 $0
2020 $3,902 $367,000 $248,700 $118,300
2019 $3,791 $358,833 $0 $0
2018 $3,700 $350,667 $0 $0
2017 $3,679 $342,500 $0 $0
2016 -- $342,500 $0 $0
2015 $4,014 $342,500 $0 $0
2014 $4,014 $344,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2089656

Bright MLS

APN: 08-00708283