NOT LISTED FOR SALE

2947 Gracefield Rd Silver Spring, MD 20904

Estimated Value: $613,438 - $658,000

4 Beds
3.5 Baths
2,846 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $522,000 $183 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,920/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 90% Forced Air Heating and Cooling System
  • Galway Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of August 2021

Beautiful and renovated 4 BR/3.5 BA Colonial situated in a desirable peaceful Calverton community and is move-in ready. This home welcomes you with a new trendy LVP and comfy new carpet throughout the main level and upper level with tons of natural light. Renovated kitchen with granite countertops and SS appliances and connect to a nice breakfast room featuring the bay window that looks out to the lovely backyard. The cozy family room with a wood-burning fireplace lead to the two tier deck with new deck boards, simply perfect for morning coffee or afternoon tea . Directly off the kitchen is the formal sun-filled dining room with another bay window. The master bedroom is spacious and ensuite bath. This home boasts a huge finished basement with 4th bedroom and full bath! Not to mention it's a walkout basement leading to patio and nice sized functional fenced backyard perfect for entertaining and gathering! This prime location in Silver Spring has easy access to major highways, ICC 200, I95, I495, parks, recreational areas, shopping, and entertainment! Schedule your tour today before it's gone!

Last Agent to Sell the Property

Debbie W. Hsu

RE/MAX Town Center License #598487 Listed on: 06/26/2021

RE/MAX Town Center

Last Buyer's Agent

Rodolfo Balarezo

LPT Realty, LLC License #WVS240303574

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 1984

Lot Details

  • 8,740 Sq Ft Lot
  • Property is zoned R90

HOA Fees

  • $21 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Laundry on main level
  • Basement

Bedrooms and Bathrooms

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Calverton Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 160502362586

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,197

Year Built

Built in 1984

Lot Details

0

HOA Fees

$21 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: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful and renovated 4 BR/3.5 BA Colonial situated in a desirable peaceful Calverton community and is move-in ready. This home welcomes you with a new trendy LVP and comfy new carpet throughout the main level and upper level with tons of natural light. Renovated kitchen with granite countertops and SS appliances and connect to a nice breakfast room featuring the bay window that looks out to the lovely backyard. The cozy family room with a wood-burning fireplace lead to the two tier deck with new deck boards, simply perfect for morning coffee or afternoon tea . Directly off the kitchen is the formal sun-filled dining room with another bay window. The master bedroom is spacious and ensuite bath. This home boasts a huge finished basement with 4th bedroom and full bath! Not to mention it's a walkout basement leading to patio and nice sized functional fenced backyard perfect for entertaining and gathering! This prime location in Silver Spring has easy access to major highways, ICC 200, I95, I495, parks, recreational areas, shopping, and entertainment! Schedule your tour today before it's gone!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Laundry Type: Main Floor
  • Total Sq Ft: 2846
  • Living Area Sq Ft: 2846
  • Price Per Sq Ft: 278.83
  • Above Grade Finished Sq Ft: 1847
  • Below Grade Finished Sq Ft: 999
  • Total Below Grade Sq Ft: 999
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2947

Beds/Baths

  • Bedrooms: 4
  • 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
  • Construction Materials: Vinyl Siding, Brick
  • 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: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 21.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 110400.00
  • Land Assessed Value: 247300.00
  • Land Use Code: 011
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8740.00
  • Year Assessed: 2021
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13847845
  • Tax Annual Amount: 4197.00
  • Assessor Parcel Number: 160502362586
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 1847
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/06/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Jul 23, 2021
Sold by
Jia Min
Bought by
Alegria Christian P Risco and Zuniga Young M
Seller's Agent
Debbie W. Hsu
RE/MAX Town Center
Buyer's Agent
Rodolfo Balarezo
LPT Realty, LLC
List Price
$514,999
Sold Price
$522,000
Premium/Discount to List
$7,001
1.36%
Current Estimated Value
$644,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,860
Avg. Annual Appreciation
4.48%
Original Mortgage
$512,545
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2005
Sold by
Li Minxu
Bought by
Jia Min
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
Alegria Christian P Risco $522,000 Title One & Escrow Inc
Jia Min -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alegria Christian P Risco $512,545
Previous Owner Jia Min $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $522,000 +1.4% $183 / Sq Ft
06/26/2021 06/26/21 For Sale $514,999 -- $181 / 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 $4,943 $423,300 -- --
2024 $4,943 $390,500 $0 $0
2023 $5,233 $357,700 $247,300 $110,400
2022 $3,642 $355,767 $0 $0
2021 $7,135 $353,833 $0 $0
2020 $7,012 $351,900 $247,300 $104,600
2019 $3,506 $351,900 $247,300 $104,600
2018 $3,887 $351,900 $247,300 $104,600
2017 $4,175 $353,700 $0 $0
2016 -- $336,900 $0 $0
2015 $3,457 $320,100 $0 $0
2014 $3,457 $303,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2002698

Bright MLS

APN: 05-02362586