NOT LISTED FOR SALE

2924 Red Lion Ln Silver Spring, MD 20904

Estimated Value: $585,000 - $598,000

4 Beds
2.5 Baths
1,280 Sq Ft
$463/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $422,000 $330 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,685/month

36 Days on Market

Highlights

  • 0.31 Acre Lot
  • Rambler Architecture
  • Open Floorplan
  • Galway Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of December 2018

Schedule all showings on Showing Time online.Thank you for your Showingtime feedback. DO NOT CONTACT LISTING AGENT! All questions and offers to go thru Sam Asgar Sam- 203-503-7572 or simohomesmd@gmail ,NO FHA!

Last Agent to Sell the Property

Alex Martinez

The Agency DC License #BR98379367 Listed on: 10/02/2018

The Agency DC

Last Buyer's Agent

Ken Abramowitz

RE/MAX Town Center License #636973

RE/MAX Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Attic

Kitchen

  • Gas Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Rear Basement Entry

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space

Accessible Home Design

  • Level Entry For Accessibility

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Calverton Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 160500362916

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,458

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1967
  • Remarks Public: Schedule all showings on Showing Time online.Thank you for your Showingtime feedback. DO NOT CONTACT LISTING AGENT! All questions and offers to go thru Sam Asgar Sam- 203-503-7572 or simohomesmd@gmail ,NO FHA!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Energy Star Refrigerator, Oven/Range - Gas, Microwave, Dishwasher
  • Interior Amenities: Attic, Combination Kitchen/Dining, Combination Kitchen/Living
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Heated
  • Living Area Units: Square Feet
  • Total Sq Ft: 1280
  • Living Area Sq Ft: 1280
  • Price Per Sq Ft: 328.05
  • Above Grade Finished Sq Ft: 1280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2924

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

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

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

Lot Info

  • Improvement Assessed Value: 86100.00
  • Land Assessed Value: 264200.00
  • Lot Size Acres: 0.31
  • Lot Size Area: 13288
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13288.00
  • Year Assessed: 2018
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13842117
  • Tax Annual Amount: 4457.99
  • Assessor Parcel Number: 160500362916
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 1250
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/10/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Dec 17, 2018
Sold by
Torrico Cynthia R and Torrico Joseph Nourmand
Bought by
Marin Gladys and Umanzor Jaime G
Seller's Agent
Alex Martinez
The Agency DC
Buyer's Agent
Ken Abramowitz
RE/MAX Town Center
List Price
$419,900
Sold Price
$422,000
Premium/Discount to List
$2,100
0.5%
Current Estimated Value
$592,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,312
Avg. Annual Appreciation
4.66%
Original Mortgage
$338,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2006
Sold by
Phillips Glenn O
Bought by
Torrico Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2006
Sold by
Phillips Glenn O
Bought by
Torrico Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1998
Sold by
Ernest O Phillips
Bought by
D Glenn O and D Phillips I
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
Marin Gladys $287,000 Title Rite Services Inc
Torrico Cynthia R $485,000 --
Torrico Cynthia R $485,000 --
D Glenn O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Gladys $80,000
Closed Marin Gladys $50,000
Open Umanzor Jaime G $420,000
Closed Marin Gladys $338,000
Closed Marin Gladys $84,500
Previous Owner Torrico Cynthia R $97,000
Previous Owner Torrico Cynthia R $388,000
Previous Owner Torrico Cynthia R $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $422,000 +0.5% $330 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $419,900 0.0% $328 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $419,900 -1.2% $328 / Sq Ft
10/02/2018 10/02/18 For Sale $424,900 -- $332 / 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 $5,490 $474,467 -- --
2024 $5,490 $438,033 $0 $0
2023 $4,354 $401,600 $264,200 $137,400
2022 $3,959 $384,500 $0 $0
2021 $3,717 $367,400 $0 $0
2020 $3,503 $350,300 $264,200 $86,100
2019 $3,488 $350,300 $264,200 $86,100
2018 $3,487 $350,300 $264,200 $86,100
2017 $3,600 $368,800 $0 $0
2016 $3,364 $347,067 $0 $0
2015 $3,364 $325,333 $0 $0
2014 $3,364 $303,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1008078072

Bright MLS

APN: 05-00362916