$320,000
SOLD OCT 30, 2015

2901 Memory Ln Silver Spring, MD 20904

2 Beds
2.5 Baths
2,044 Sq Ft
0.29 Acres

Recently Sold

$157 Per Sq Ft

11% Below List Price

153 Days on Market

Highlights

  • 0.29 Acre Lot
  • Colonial Architecture
  • Traditional Floor Plan
  • Galway Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of July 2019

Property is being sold As-Is, Where-Is. Seller will not pay any: buyer closing costs, no repairs, no home warranties, all inspections are done at buyer expense, seller will not activate utilities. Property must sell at or above appraised value per HUD guidelines. Greenlight Loan Prequalification is required at time of offer submission to CPS.

Last Agent to Sell the Property

Eric Smith

Vylla Home License #643991 Listed on: 04/22/2015

Vylla Home

Last Buyer's Agent

David Adefila

Royal Star Realty License #0225026193

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,979

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is zoned R90

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Composition Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Storm Windows
  • Finished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • Tanglewood Subdivision

Listing and Financial Details

  • Tax Lot P33
  • Assessor Parcel Number 160502211022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,979

Year Built

Built in 1985

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1985
  • Remarks Public: Property is being sold As-Is, Where-Is. Seller will not pay any: buyer closing costs, no repairs, no home warranties, all inspections are done at buyer expense, seller will not activate utilities. Property must sell at or above appraised value per HUD guidelines. Greenlight Loan Prequalification is required at time of offer submission to CPS.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Oven/Range - Electric, Washer
  • Interior Amenities: Family Room Off Kitchen, Dining Area, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Window Features: Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 2901

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Composite, Asphalt
  • 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
  • Parking Features: Attached, Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 33.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GALWAY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • School District Key: 121138126809
  • Elementary School: GALWAY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 181200.00
  • Land Assessed Value: 263500.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.29
  • Lot Size Area: 12760
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12760.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13846767
  • Tax Annual Amount: 4979.27
  • Assessor Parcel Number: 160502211022
  • Tax Lot: P33
  • Tax Total Finished Sq Ft: 2044
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 10/30/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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
153
Current Estimated Value
$687,556

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
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 Type Sale Price Title Company
Deed $495,000 Awo Title Llc
Deed $320,000 First American Title Ins Co
Trustee Deed $380,000 None Available
Deed $182,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $486,034 FHA
Previous Owner $256,000 New Conventional
Previous Owner $625,500 Reverse Mortgage Home Equity Conversion Mortgage
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

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 $6,517 $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

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Map

Source: Bright MLS

MLS Number: 1002325903

Bright MLS

APN: 05-02211022