2901 Memory Ln Silver Spring, MD 20904
Estimated Value: $626,000 - $724,000
5
Beds
3.5
Baths
2,944
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- 0.29 Acre Lot
- Open Floorplan
- Wood Flooring
- Galway Elementary School Rated A-
- Colonial Architecture
- Garden View
About This Home
As of July 2019Updated kitchen, freshly painted from top to bottom and new hardwood floors in the main level. Just move in and enjoy this house with a family room of off the kitchen with wood burning fire place that also leads to the exit to the backyard with a nice deck. The leaving room and the family room features a hard wood floor. The skylight from the high sealing gives natural light through out the day. A huge master bedroom with a jacuzzi and the 2nd bathroom have a soaking tub. fully finished basement with living dining room, office, bedroom, a full bathroom and all the hookup for kitchen. Close to shopping center park, route 29, intercounty connector 200 and the HOA includes outdoor swimming pool.
Last Agent to Sell the Property
Smart Realty, LLC License #668637 Listed on: 04/30/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,184
Year Built
- Built in 1985 | Remodeled in 2019
Lot Details
- 0.29 Acre Lot
- Property is in very good condition
- Property is zoned R90
HOA Fees
- $38 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Side Facing Garage
Home Design
- Colonial Architecture
- Shingle Roof
- Asphalt Roof
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Furnished
- High Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace With Glass Doors
- Brick Fireplace
- Family Room Off Kitchen
- Formal Dining Room
- Garden Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Range Hood
- ENERGY STAR Qualified Refrigerator
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Electric Dryer
- Washer
Finished Basement
- Connecting Stairway
- Laundry in Basement
- Basement with some natural light
Location
- Suburban Location
Schools
- Galway Elementary School
- Briggs Chaney Middle School
- Paint Branch High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot P33
- Assessor Parcel Number 160502211022
Community Details
Overview
- Tanglewood HOA
- Tanglewood Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2019
Closed on
Aug 7, 2019
Sold by
Kassegne Bezouwork K and Alemayehu Adbaru Kassegn
Bought by
Saidy Naly Sidi Ahmed
Seller's Agent
Bezouwork Kassegne
Smart Realty, LLC
Buyer's Agent
Aissa Sires
RE/MAX Realty Group
List Price
$529,900
Sold Price
$495,000
Premium/Discount to List
-$34,900
-6.59%
Total Days on Market
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,556
Avg. Annual Appreciation
5.75%
Original Mortgage
$486,034
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 22, 2015
Closed on
Oct 14, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Kassegn Alemayehu Adbaru and Kassegne Bezouwork D
Seller's Agent
Eric Smith
Vylla Home
Buyer's Agent
David Adefila
Royal Star Realty
List Price
$360,000
Sold Price
$320,000
Premium/Discount to List
-$40,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$256,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2015
Sold by
Clegg Barbara A
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company
Purchase Details
Closed on
Feb 10, 1988
Bought by
Clegg Barbara A
Similar Homes in Silver Spring, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saidy Naly Sidi Ahmed | $495,000 | Awo Title Llc | |
| Kassegn Alemayehu Adbaru | $320,000 | First American Title Ins Co | |
| Nationstar Mortgage Llc | $380,000 | None Available | |
| Clegg Barbara A | $182,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Saidy Naly Sidi Ahmed | $486,034 | |
| Previous Owner | Kassegn Alemayehu Adbaru | $256,000 | |
| Previous Owner | Clegg Barbara A | $625,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2019 07/24/19 | Sold | $495,000 | -1.0% | $168 / Sq Ft |
| 06/25/2019 06/25/19 | Pending | -- | -- | -- |
| 06/09/2019 06/09/19 | Price Changed | $499,999 | -3.8% | $170 / Sq Ft |
| 05/30/2019 05/30/19 | Price Changed | $520,000 | -3.7% | $177 / Sq Ft |
| 05/20/2019 05/20/19 | Price Changed | $540,000 | +1.9% | $183 / Sq Ft |
| 04/30/2019 04/30/19 | For Sale | $529,900 | +65.6% | $180 / Sq Ft |
| 10/30/2015 10/30/15 | Sold | $320,000 | -1.5% | $157 / Sq Ft |
| 09/22/2015 09/22/15 | Pending | -- | -- | -- |
| 08/29/2015 08/29/15 | Price Changed | $324,900 | -3.0% | $159 / Sq Ft |
| 08/04/2015 08/04/15 | Price Changed | $334,900 | -4.3% | $164 / Sq Ft |
| 06/30/2015 06/30/15 | Price Changed | $349,900 | -2.8% | $171 / Sq Ft |
| 04/23/2015 04/23/15 | For Sale | $360,000 | +12.5% | $176 / Sq Ft |
| 04/22/2015 04/22/15 | Off Market | $320,000 | -- | -- |
| 04/22/2015 04/22/15 | For Sale | $360,000 | -- | $176 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,517 | $527,200 | $0 | $0 |
| 2023 | $6,739 | $488,400 | $263,500 | $224,900 |
| 2022 | $4,932 | $472,733 | $0 | $0 |
| 2021 | $4,706 | $457,067 | $0 | $0 |
| 2020 | $4,508 | $441,400 | $263,500 | $177,900 |
| 2019 | $5,185 | $441,400 | $263,500 | $177,900 |
| 2018 | $5,186 | $441,400 | $263,500 | $177,900 |
| 2017 | $5,311 | $444,700 | $0 | $0 |
| 2016 | -- | $435,667 | $0 | $0 |
| 2015 | $4,844 | $426,633 | $0 | $0 |
| 2014 | $4,844 | $417,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bezouwork Kassegne
Seller's Agent in 2019
Bezouwork Kassegne
Smart Realty, LLC
(301) 996-3676
11 Total Sales
-
Aissa Sires
Buyer's Agent in 2019
Aissa Sires
Remax Realty Group
(240) 406-9496
50 Total Sales
-
Eric Smith
Seller's Agent in 2015
Eric Smith
Vylla Home
(202) 412-1602
95 Total Sales
-
David Adefila
D
Buyer's Agent in 2015
David Adefila
Royal Star Realty
(301) 322-5695
23 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC625950
APN: 05-02211022
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