NOT LISTED FOR SALE

2846 Strauss Terrace Silver Spring, MD 20904

Estimated Value: $438,000 - $512,000

3 Beds
2.5 Baths
1,428 Sq Ft
$334/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $410,000 $287 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,980/month

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • James Hubert Blake High School Rated A

About This Home

As of June 2022

***OFFER DEADLINE - Tuesday, May 24th at 6:00 PM***
Exceptionally RARE opportunity to own an amazing townhome in the desirable Tanglewood community of Fairland at an AMAZING PRICE! You will not be able to find another home in this condition at this price. Everything else is selling for 425k+ (not even fully renovated) -- This home has the potential to be an amazing home for an end-user or an investor! Sold in AS-IS condition, but the home is in great shape - just needs some minor cosmetic touch-ups and renovations. Don't take my word for it, go see it in person for yourself and ask your agent to run comparables to show you this home is priced extremely well and will garnish you a massive amount of instant equity if you put in some work. Centrally located with easy access to Route 29, I-95, and the ICC for easy access to all of DMV's sites and attractions! Great for any commuter or future tenants! You do not want to miss this opportunity, it will only comes once in a while, so take this as a sign to jump on it NOW!

Last Agent to Sell the Property

Long Ngo

(301) 905-2617 long.ngo@redfin.com Redfin Corp Listed on: 05/19/2022

Redfin Corp

Last Buyer's Agent

Ken Abramowitz

(301) 526-2380 homesbyken@gmail.com RE/MAX Town Center License #636973

RE/MAX Town Center

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 1987

Lot Details

  • 1,447 Sq Ft Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 281
  • Assessor Parcel Number 160502592555

Community Details

Overview

  • Association fees include common area maintenance, insurance, lawn maintenance, management, snow removal, trash
  • Fairland Park Homeowner's Association
  • Tanglewood Subdivision

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,903

Year Built

Built in 1987

Lot Details

0

HOA Fees

$71 per month

Parking

1

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: 2022-05-19
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: ***OFFER DEADLINE - Tuesday, May 24th at 6:00 PM*** Exceptionally RARE opportunity to own an amazing townhome in the desirable Tanglewood community of Fairland at an AMAZING PRICE! You will not be able to find another home in this condition at this price. Everything else is selling for 425k+ (not even fully renovated) -- This home has the potential to be an amazing home for an end-user or an investor! Sold in AS-IS condition, but the home is in great shape - just needs some minor cosmetic touch-ups and renovations. Don't take my word for it, go see it in person for yourself and ask your agent to run comparables to show you this home is priced extremely well and will garnish you a massive amount of instant equity if you put in some work. Centrally located with easy access to Route 29, I-95, and the ICC for easy access to all of DMV's sites and attractions! Great for any commuter or future tenants! You do not want to miss this opportunity, it will only comes once in a while, so take this as a sign to jump on it NOW!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 2142
  • Living Area Sq Ft: 1428
  • Price Per Sq Ft: 245.03
  • Above Grade Finished Sq Ft: 1428
  • Below Grade Sq Ft: 714
  • Total Below Grade Sq Ft: 714
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2846

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 71.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance, Management, Snow Removal, Trash
  • HOA Name: FAIRLAND PARK HOMEOWNER'S ASSOCIATION
  • HOA: Yes
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 173900.00
  • Land Assessed Value: 166300.00
  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1447.00
  • Year Assessed: 2022
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13916124
  • Tax Annual Amount: 3903.00
  • Assessor Parcel Number: 160502592555
  • Tax Lot: 281
  • Tax Total Finished Sq Ft: 1428
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/15/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 15, 2022
Sold by
Le Hien K
Bought by
Andebrhan Abeil Yohannes and Gebregioris Misgana G
Seller's Agent
Long Ngo
Redfin Corp
Buyer's Agent
Ken Abramowitz
RE/MAX Town Center
List Price
$349,900
Sold Price
$410,000
Premium/Discount to List
$60,100
17.18%
Current Estimated Value
$476,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,767
Avg. Annual Appreciation
4.62%
Original Mortgage
$389,500
Outstanding Balance
$369,726
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$107,041

Purchase Details

Closed on
Dec 6, 1993
Sold by
Tran D C
Bought by
Le Hien K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

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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
Andebrhan Abeil Yohannes $410,000 Donaldson G Russell
Le Hien K $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andebrhan Abeil Yohannes $389,500
Previous Owner Le Hien K $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $410,000 +17.2% $287 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $349,900 -- $245 / 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 $4,566 $391,133 -- --
2024 $4,566 $365,667 $0 $0
2023 $4,947 $340,200 $166,300 $173,900
2022 $4,017 $334,300 $0 $0
2021 $3,903 $328,400 $0 $0
2020 $3,816 $322,500 $158,400 $164,100
2019 $3,568 $301,100 $0 $0
2018 $3,329 $279,700 $0 $0
2017 $3,159 $258,300 $0 $0
2016 -- $254,133 $0 $0
2015 $3,276 $249,967 $0 $0
2014 $3,276 $245,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Long Ngo

    Redfin Corp

    Long Ngo
    Section Image
  • Ken Abramowitz

    Buyer's Agent in 2022

    Ken Abramowitz

    RE/MAX

    (301) 526-2380

    4 in this area

    443 Total Sales

    Ken Abramowitz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2051430

Bright MLS

APN: 05-02592555

Maryland Montgomery County Silver Spring 20904

2846 Strauss Terrace, Silver Spring, MD

This home is located at 2846 Strauss Terrace, Silver Spring, MD 20904 since 19 May 2022 and is currently estimated at $476,767, approximately $333 per square foot. This property was built in 1987. 2846 Strauss Terrace is a home located in Montgomery County with nearby schools including Fairland Elementary School, Briggs Chaney Middle School, and James Hubert Blake High School.

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