NOT LISTED FOR SALE

2821 Gracefield Rd Silver Spring, MD 20904

Estimated Value: $607,000 - $726,337

3 Beds
4 Baths
3,456 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $584,000 $169 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,226/month

42 Days on Market

Highlights

  • 0.57 Acre Lot
  • Colonial Architecture
  • Corner Lot
  • Galway Elementary School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of December 2023

BIG PRICE IMPROVEMENT!!!
Come and see this lovely colonial style home! It features 3 bedrooms, 2 full baths, and 2 half baths. Washer and dryer conveniently located on the same floor as the bedrooms. Kitchen has stainless steel appliances and granite countertops. Hardwood floors throughout. Wood burning fireplace and designer mantel in the living room. The basement is finished and can be used as an apartment for extra income or a fourth bedroom. The lot is larger than average with a huge fenced in backyard. The yard is great for parties, cookouts, and family gatherings.
A brand new roof was also recently installed and has a 50 year warranty!
No HOA fees!

Owner is willing to offer closing cost assistance!

Last Agent to Sell the Property

Monica Leid

Long & Foster Real Estate, Inc. Listed on: 09/29/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Max Tariq

Samson Properties License #626285

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1998

Lot Details

  • 0.57 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Property is in good condition
  • Property is zoned R60

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Calverton Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160503142112

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,623

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-09-29
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Basement Finished Percent: 100.00
  • Total Sq Ft: 3456
  • Living Area Sq Ft: 3456
  • Price Per Sq Ft: 259.64
  • Above Grade Finished Sq Ft: 2307
  • Below Grade Finished Sq Ft: 1149
  • Total Below Grade Sq Ft: 1149
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2821

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Cleared, Corner
  • Lot Size Acres: 0.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24718.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5623.00
  • Assessor Parcel Number: 160503142112
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2307
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/04/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Dec 4, 2023
Sold by
Hockaday Reginald Lee and Hockaday Ryan Lee
Bought by
Khan Adil
Seller's Agent
Monica Leid
Long & Foster Real Estate, Inc.
Buyer's Agent
Max Tariq
Samson Properties
List Price
$599,000
Sold Price
$584,000
Premium/Discount to List
-$15,000
-2.5%
Views
392
Current Estimated Value
$668,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,334
Avg. Annual Appreciation
9.24%
Original Mortgage
$338,500
Outstanding Balance
$334,518
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$340,540

Purchase Details

Closed on
Feb 15, 2023
Sold by
Willie R Lee R and Willie Barbara J
Bought by
Hockaday Reginald Lee and Hockaday Ryan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,818
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Sold by
Lee Willie R and Lee B
Bought by
Willie R Lee Sr Et Al Irr Tr

Purchase Details

Closed on
Jul 9, 1998
Sold by
Construction Svcs Plus Inc
Bought by
Willie R R and Willie Lee B
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
Khan Adil $584,000 Bancstar Title
Hockaday Reginald Lee $156,000 --
Willie R Lee Sr Et Al Irr Tr -- --
Willie R R $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Adil $338,500
Previous Owner Hockaday Reginald Lee $94,000
Previous Owner Hockaday Reginald Lee $86,818
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $584,000 -2.5% $169 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $599,000 0.0% $173 / Sq Ft
11/02/2023 11/02/23 Price Changed $599,000 -7.8% $173 / Sq Ft
10/09/2023 10/09/23 Price Changed $650,000 -3.7% $188 / Sq Ft
09/29/2023 09/29/23 For Sale $675,000 -- $195 / 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
2024 $6,338 $511,667 $0 $0
2023 $3,149 $480,900 $288,900 $192,000
2022 $5,623 $472,600 $0 $0
2021 $2,681 $464,300 $0 $0
2020 $5,361 $456,000 $288,900 $167,100
2019 $5,346 $456,000 $288,900 $167,100
2018 $5,347 $456,000 $288,900 $167,100
2017 $5,791 $487,300 $0 $0
2016 -- $485,800 $0 $0
2015 $5,266 $484,300 $0 $0
2014 $5,266 $482,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2106930

Bright MLS

APN: 05-03142112