NOT LISTED FOR SALE

2908 Memory Ln Silver Spring, MD 20904

Estimated Value: $683,000 - $714,407

5 Beds
3.5 Baths
2,900 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $550,000 $190 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,220/month

9 Days on Market

Highlights

  • 0.26 Acre Lot
  • Colonial Architecture
  • No HOA
  • Galway Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Direct Access Garage

About This Home

As of April 2019

The main level features new hardwood floors in two living areas (one with a beautiful wood-burning fireplace!), a dining room, and completely renovated kitchen with endless counter space. Off of the family room, find a walkout to an expansive deck, perfect for hosting intimate gatherings or large events in a calming green space. Upstairs, find a very generously-sized master bedroom with an oversized, walk-in closet. The en-suite master bathroom features a jacuzzi tub and a spacious stand up shower. Two additional bedrooms complete the upper level as well as a shared full bathroom. The fully finished basement includes two bedrooms and a full bathroom, perfect to allow privacy for guests or as an in-law suite. The basement level also features a bonus living area that walks out to the large, fenced-in backyard as well as a laundry room with additional space for storage.New light fixtures and new toilets

Last Agent to Sell the Property

Sebastien Courret

(202) 615-2401 sebastien@compass.com Engel & Völkers Washington, DC License #660207 Listed on: 03/07/2019

Engel & Völkers Washington, DC

Co-Listed By

Daniel Brewer

(202) 277-9099 Daniel@DanielBrewer.com Compass License #655853

Last Buyer's Agent

Chukwuemeka Mokwunye

(202) 415-0271 emeka.m@gmail.com Compass License #645115

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,988

Year Built

  • Built in 1985

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R90

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Silver Spring Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 160502210995

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,988

Year Built

Built in 1985

Lot Details

0

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
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Price Per Sq Ft: 274.73
  • Above Grade Finished Sq Ft: 2002
  • Below Grade Finished Sq Ft: 898
  • Total Below Grade Sq Ft: 898
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 2
  • 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • 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
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 179600.00
  • Land Assessed Value: 258800.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11224.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13846765
  • Tax Annual Amount: 4988.00
  • Assessor Parcel Number: 160502210995
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 18, 2019
Sold by
Cappuccitti Benjamin
Bought by
Abbott Jason B and Abbott Ronald J
Seller's Agent
Sebastien Courret
Engel & Völkers Washington, DC
Buyer's Agent
Chukwuemeka Mokwunye
Compass
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$700,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,352
Avg. Annual Appreciation
3.66%
Original Mortgage
$467,500
Outstanding Balance
$410,180
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$290,172

Purchase Details

Closed on
Jul 10, 2017
Sold by
Cappuccitti Benjamin and Janowicz Olivia
Bought by
Cappuccitti Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,315
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 7, 2015
Sold by
Groman Seth J and Groman Jenna R
Bought by
Cappuccitti Benjamin and Janowicz Olivia
Seller's Agent
Sherri Farias
Long & Foster Real Estate, Inc.
Buyer's Agent
John Young
RE/MAX Excellence Realty
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$382,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2010
Sold by
Batchelder Martin and Batchelder Arlene
Bought by
Groman Seth J

Purchase Details

Closed on
Jul 25, 2001
Sold by
Batchelder Dennis S
Bought by
Batchelder Martin and Batchelder Arlene

Purchase Details

Closed on
Apr 25, 2001
Sold by
Batchelder Dennis S
Bought by
Batchelder Dennis S

Purchase Details

Closed on
Feb 7, 2001
Sold by
Batchelder Dennis S and Batchelder R P
Bought by
Batchelder Dennis S

Purchase Details

Closed on
Aug 15, 2000
Sold by
Emc Mortgage Corporation
Bought by
Batchelder Dennis S and Batchelder R P

Purchase Details

Closed on
Jan 5, 1994
Sold by
Bell J
Bought by
Home Saving Of Amer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abbott Jason B $550,000 Title Forward
Cappuccitti Benjamin $185,157 Equity National Title
Cappuccitti Benjamin $450,000 First American Title Ins Co
Groman Seth J $375,000 --
Batchelder Martin -- --
Batchelder Dennis S -- --
Batchelder Dennis S -- --
Batchelder Dennis S $200,000 --
Emc Mortgage Corporation $153,136 --
Home Saving Of Amer $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott Jason B $467,500
Previous Owner Cappuccitti Benjamin $370,315
Previous Owner Cappuccitti Benjamin $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2019 04/26/19 Sold $550,000 0.0% $190 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $550,000 0.0% $190 / Sq Ft
03/29/2018 03/29/18 Rented $3,000 -14.3% --
03/14/2018 03/14/18 Under Contract -- -- --
01/24/2018 01/24/18 For Rent $3,500 0.0% --
10/12/2015 10/12/15 Sold $450,000 0.0% $155 / Sq Ft View Prior Sale
09/02/2015 09/02/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $450,000 -- $155 / 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 $6,692 $584,267 -- --
2024 $6,692 $542,433 $0 $0
2023 $6,187 $500,600 $258,800 $241,800
2022 $5,703 $479,867 $0 $0
2021 $5,420 $459,133 $0 $0
2020 $8,950 $438,400 $258,800 $179,600
2019 $5,070 $431,000 $0 $0
2018 $4,989 $423,600 $0 $0
2017 $4,303 $416,200 $0 $0
2016 $4,830 $408,167 $0 $0
2015 $4,830 $400,133 $0 $0
2014 $4,830 $392,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC622210

Bright MLS

APN: 05-02210995