NOT LISTED FOR SALE

2925 Fairland Rd Silver Spring, MD 20904

Estimated Value: $711,000 - $789,000

6 Beds
3.5 Baths
3,444 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $545,000 $158 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,531/month

102 Days on Market

Highlights

  • 0.46 Acre Lot
  • Open Floorplan
  • Deck
  • Galway Elementary School Rated A-
  • Colonial Architecture
  • Vaulted Ceiling

About This Home

As of April 2020

Colonial Home has lots of potential,6 BR 3.5 baths,walkout basement with its own entry & kitchen, Huge Family Room with Skylights ,Owner suite with Large Tub & Shower ,skylight,2 car garages and parking in front for up to 8 cars ,New roof ,new HVAC ,New Fridge. Almost half an acre,fenced backyard ,shed for storage,on Bus route and close to I 200 and 95,shops & Malls.

Last Agent to Sell the Property

Muhammad Kaleem

(240) 408-2112 kaleemkamil@gmail.com HomeSmart License #678086 Listed on: 11/22/2019

HomeSmart

Last Buyer's Agent

Tayaa Mraihi

(240) 793-4009 tonymraihi@gmail.com Long & Foster Real Estate, Inc. License #306915

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,110

Year Built

  • Built in 1990

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Deer Park Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 160500263866

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,110

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Skylight(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Family Room
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Sump Pump, Walkout Stairs, Rear Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 3444
  • Living Area Sq Ft: 3444
  • Price Per Sq Ft: 244.77
  • Above Grade Finished Sq Ft: 2247
  • Below Grade Finished Sq Ft: 1197
  • Total Below Grade Sq Ft: 1197
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • 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
  • Roof: Shingle
  • 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, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 213.26
  • 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, Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Propane
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: GALWAY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 171400.00
  • Land Assessed Value: 223800.00
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20212.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13909057
  • Tax Annual Amount: 5110.00
  • Assessor Parcel Number: 160500263866
  • Tax Lot: 17
  • 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
Nov 22, 2019
Closed on
Apr 6, 2020
Sold by
Mian Mohammad Aslam and Mian Zohra A
Bought by
Yaszi Dawit T and Bantirga Widist T
Seller's Agent
Muhammad Kaleem
HomeSmart
Buyer's Agent
Tayaa Mraihi
Long & Foster Real Estate, Inc.
List Price
$689,000
Sold Price
$545,000
Premium/Discount to List
-$144,000
-20.9%
Current Estimated Value
$752,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,396
Avg. Annual Appreciation
5.74%
Original Mortgage
$517,750
Outstanding Balance
$459,526
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$292,870

Purchase Details

Closed on
Jul 12, 1999
Sold by
Michael David W
Bought by
Mian Mohammad A

Purchase Details

Closed on
Mar 15, 1996
Sold by
Sugai Iwao and Sugai N
Bought by
Michael David W and Michael E S
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
Yaszi Dawit T $545,000 Rgs Title
Mian Mohammad A $230,000 --
Michael David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaszi Dawit T $517,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $545,000 -0.9% $158 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/12/2020 02/12/20 Price Changed $550,000 -6.6% $160 / Sq Ft
01/17/2020 01/17/20 Price Changed $589,000 -14.5% $171 / Sq Ft
11/22/2019 11/22/19 For Sale $689,000 -- $200 / 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 $7,158 $617,167 -- --
2024 $7,158 $571,033 $0 $0
2023 $5,901 $524,900 $223,800 $301,100
2022 $5,316 $496,667 $0 $0
2021 $4,944 $468,433 $0 $0
2020 $4,602 $440,200 $223,800 $216,400
2019 $8,837 $425,200 $0 $0
2018 $2,631 $410,200 $0 $0
2017 $4,161 $395,200 $0 $0
2016 -- $387,533 $0 $0
2015 $4,540 $379,867 $0 $0
2014 $4,540 $372,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC688154

Bright MLS

APN: 05-00263866