NOT LISTED FOR SALE

2901 Fairland Rd Silver Spring, MD 20904

Estimated Value: $984,000 - $1,202,200

7 Beds
5.5 Baths
5,092 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $805,000 $158 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,619/month

Highlights

  • Concrete Pool
  • 0.51 Acre Lot
  • Main Floor Bedroom
  • Galway Elementary School Rated A-
  • Contemporary Architecture
  • Attic

About This Home

As of December 2019

Offers under review. A must see! Come imagine yourself living in this exquisite contemporary home situated on a private corner lot with a newly refurbished heated in-ground swimming pool. Completely renovated top to bottom with top of the line appliances, utilities and amenities that make this home a personal retreat! Home features a beautiful open floor plan perfect for entertaining all year round. Could be yours, just in time to host the upcoming holiday events and perfect for summer time fun! Property conveniently located close to schools, shopping, public transportation, parks, trails, ICC, Rt. 29, Rt. 200, and I-95. Popular and established neighborhood and no need to pay HOA fees! Too many amenities to list! (Total sq ft of 5,092; First floor=1566 sf, Basement =1400 sf, Second floor=1351 sf, Garage =775 sf) Additional side driveway. Owner RE Licensee

Last Agent to Sell the Property

Miriam Turcios

(202) 440-1765 mirikt01@gmail.com Long & Foster Real Estate, Inc. Listed on: 09/13/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Miriam Turcios

(202) 440-1765 mirikt01@gmail.com Long & Foster Real Estate, Inc. Listed on: 09/13/2019

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,701

Year Built

  • Built in 1943

Lot Details

  • 0.51 Acre Lot
  • Property is Fully Fenced
  • Sprinkler System
  • Property is zoned R200

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Double Pane Windows
  • Green House Windows
  • Sliding Doors
  • Exterior Cameras
  • Attic

Kitchen

  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Connecting Stairway
  • Rear and Side Entry
  • Water Proofing System
  • Drainage System
  • Sump Pump
  • Basement Windows

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Home Energy Management

Pool

  • Concrete Pool
  • Filtered Pool
  • Heated In Ground Pool
  • Domestic Water for Pool

Schools

  • Galway Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Level Entry For Accessibility
  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Deer Park Subdivision

Listing and Financial Details

  • Tax Lot P11
  • Assessor Parcel Number 160500251538

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,701

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1943
  • Remarks Public: Offers under review. A must see! Come imagine yourself living in this exquisite contemporary home situated on a private corner lot with a newly refurbished heated in-ground swimming pool. Completely renovated top to bottom with top of the line appliances, utilities and amenities that make this home a personal retreat! Home features a beautiful open floor plan perfect for entertaining all year round. Could be yours, just in time to host the upcoming holiday events and perfect for summer time fun! Property conveniently located close to schools, shopping, public transportation, parks, trails, ICC, Rt. 29, Rt. 200, and I-95. Popular and established neighborhood and no need to pay HOA fees! Too many amenities to list! (Total sq ft of 5,092; First floor=1566 sf, Basement =1400 sf, Second floor=1351 sf, Garage =775 sf) Additional side driveway. Owner RE Licensee
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Six Burner Stove, Range Hood, Oven/Range - Gas, Washer - Front Loading, Water Heater - Tankless, Refrigerator
  • Interior Amenities: Attic, Entry Level Bedroom, Kitchen - Island, Primary Bath(s), Sprinkler System
  • Window Features: Double Pane, Green House
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Levels Count: 3+
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Stairs, Walkout Level, Water Proofing System, Windows, Sump Pump, Side Entrance, Rear Entrance, Outside Entrance, Drainage System, Connecting Stairway
  • Basement Finished Percent: 1.00
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5092
  • Living Area Sq Ft: 5092
  • Price Per Sq Ft: 229.93
  • Above Grade Finished Sq Ft: 3692
  • Below Grade Finished Sq Ft: 1400
  • Total Below Grade Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2901

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Brick, Stone
  • Exterior Features: Exterior Lighting
  • Pool Features: Concrete, In Ground, Filtered, Domestic Water, Heated
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GALWAY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • 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: GALWAY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Green Features

  • Efficiency: Appliances, Construction, Exposure/Shade, Home Energy Management, Hvac, Lighting
  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Land Assessed Value: 226100.00
  • Land Use Code: 011
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22077.00
  • Year Assessed: 2019
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13908870
  • Tax Annual Amount: 2701.00
  • Assessor Parcel Number: 160500251538
  • Tax Lot: P11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 12/23/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Dec 23, 2019
Sold by
Turcios Mirian K and Hernandez Oscar O
Bought by
Lakhani Razak K and Lakhani Neelam
Seller's Agent
Miriam Turcios
Long & Foster Real Estate, Inc.
Buyer's Agent
Miriam Turcios
Long & Foster Real Estate, Inc.
List Price
$848,900
Sold Price
$805,000
Premium/Discount to List
-$43,900
-5.17%
Current Estimated Value
$1,095,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,300
Avg. Annual Appreciation
5.42%
Original Mortgage
$563,000
Outstanding Balance
$479,397
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$615,903

Purchase Details

Closed on
May 16, 2016
Sold by
Turcios Olga Sorto and Turcios Mirian
Bought by
Turcios Olga Sorto and Turcios Mirian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 30, 2014
Closed on
Jul 7, 2015
Sold by
Fannie Mae
Bought by
Turcios Olga Sorto and Turcios Mirian
Seller's Agent
Mina Sultani
Coldwell Banker Realty
Buyer's Agent
Miriam Turcios
Long & Foster Real Estate, Inc.
List Price
$239,900
Sold Price
$247,000
Premium/Discount to List
$7,100
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$334,757
Interest Rate
4.03%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2014
Sold by
Harrison Michael E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 29, 2002
Sold by
Lane Dan
Bought by
Harrison Michael

Purchase Details

Closed on
Dec 13, 2001
Sold by
Federal Home Loan Mortgage
Bought by
Lane Dan

Purchase Details

Closed on
Mar 1, 2001
Sold by
Betts Stephen B
Bought by
Federal Home Loan Mortgage and Corporation

Purchase Details

Closed on
Apr 7, 1999
Sold by
Betts Tephen B
Bought by
Betts Stephen B and Betts S G
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
Lakhani Razak K $805,000 Village Settlements Inc
Turcios Olga Sorto -- None Available
Turcios Olga Sorto $247,000 Attorney
Federal National Mortgage Association $265,696 None Available
Harrison Michael $260,000 --
Lane Dan $185,000 --
Federal Home Loan Mortgage $155,325 --
Betts Stephen B -- --
Betts Stephen B $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakhani Razak K $563,000
Previous Owner Turcios Olga Sorto $422,000
Previous Owner Turcios Olga Sorto $334,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2019 12/23/19 Sold $805,000 -5.2% $158 / Sq Ft
11/19/2019 11/19/19 For Sale $848,900 +5.5% $167 / Sq Ft
11/15/2019 11/15/19 Off Market $805,000 -- --
09/13/2019 09/13/19 For Sale $848,900 +243.7% $167 / Sq Ft
07/24/2015 07/24/15 Sold $247,000 +3.0% $155 / Sq Ft View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $239,900 0.0% $151 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $239,900 0.0% $151 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
03/30/2015 03/30/15 Price Changed $239,900 -5.9% $151 / Sq Ft
03/21/2015 03/21/15 For Sale $255,000 0.0% $160 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
03/09/2015 03/09/15 Price Changed $255,000 -3.7% $160 / Sq Ft
02/18/2015 02/18/15 Price Changed $264,900 -5.4% $167 / Sq Ft
01/27/2015 01/27/15 For Sale $279,900 0.0% $176 / Sq Ft
10/11/2014 10/11/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $279,900 -- $176 / 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 $10,503 $932,067 -- --
2024 $10,503 $849,733 $0 $0
2023 $10,205 $767,400 $226,100 $541,300
2022 $8,303 $767,400 $226,100 $541,300
2021 $8,240 $767,400 $226,100 $541,300
2020 $9,484 $882,700 $226,100 $656,600
2019 $2,010 $226,100 $226,100 $0
2018 $2,219 $226,100 $226,100 $0
2017 $3,608 $226,100 $0 $0
2016 -- $339,500 $0 $0
2015 $3,829 $329,500 $0 $0
2014 $3,829 $319,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC677286

Bright MLS

APN: 05-00251538