$495,000
SOLD JUL 24, 2019

2901 Memory Ln Silver Spring, MD 20904

5 Beds
3.5 Baths
2,944 Sq Ft
0.29 Acres

Recently Sold

$168 Per Sq Ft

7% Below List Price

56 Days on Market

Highlights

  • 0.29 Acre Lot
  • Open Floorplan
  • Wood Flooring
  • Galway Elementary School Rated A-
  • Colonial Architecture
  • Garden View

About This Home

As of July 2019

Updated 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

Bezouwork Kassegne

Smart Realty, LLC License #668637 Listed on: 04/30/2019

Smart Realty, LLC

Last Buyer's Agent

Aissa Sires

RE/MAX Realty Group

RE/MAX Realty Group

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,184

Year Built

Built in 1985 | Remodeled in 2019

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1985
  • Year Renovated: 2019
  • Remarks Public: Updated 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.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Energy Efficient Appliances, Energy Star Refrigerator, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Wood, Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Store/Office, Walk-In Closet(s), Whirlpool/Hottub, Wood Floors
  • Fireplace Features: Brick, Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, High
  • Levels Count: 3+
  • Room Count: 6
  • Room List: Bathroom 1, Additional Bedroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished
  • Basement Finished Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 2944
  • Living Area Sq Ft: 2944
  • Price Per Sq Ft: 244.62
  • Above Grade Finished Sq Ft: 2044
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2901

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • 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
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Combination
  • Roof: Shingle, Asphalt
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Private
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 38.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Name: TANGLEWOOD
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 181200.00
  • Land Assessed Value: 263500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12760.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R90
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13846767
  • Tax Annual Amount: 5184.00
  • Assessor Parcel Number: 160502211022
  • Tax Lot: P33
  • Tax Total Finished Sq Ft: 2044
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 07/24/2019

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
56
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

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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: MDMC625950

Bright MLS

APN: 05-02211022