NOT LISTED FOR SALE

3 Lauer Terrace Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $591,002 - $658,000

3 Beds
1 Bath
1,188 Sq Ft
$518/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $425,000 $358 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,718/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Galley Kitchen
  • Highland View Elementary School Rated A
  • No HOA
  • Double Pane Windows

About This Home

As of August 2014

WELCOME TO DESIRABLE HIGHLAND VIEW PARK! ALL BRICK COLONIAL FEATURING PROFESSIONALLY LANDSCAPED YARD AND PLENTY OF OFF STREET PARKING. FRESH NEUTRAL PAINT, REFINISHED HARDWOODS, NEW ENTRY DOORS ARE JUST SOME OF THE RECENT UPDATES. THIS LOVELY HOME IS FLOODED WITH NATURAL LIGHT AND PROVIDES GREAT FLOW ON MAIN LEVEL. WALK -UP ATTIC AND UNFINISHED BASEMENT READY FOR YOUR FINISHING TOUCH!

Last Agent to Sell the Property

Joseph Petruccelli

(301) 452-5026 joepet5000@gmail.com Weichert, REALTORS License #512807 Listed on: 07/10/2014

Weichert, REALTORS

Last Buyer's Agent

Charles Holzwarth

(202) 285-2616 chuck.holzwarth@wfp.com Washington Fine Properties, LLC License #SP92108

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,137

Year Built

  • Built in 1940

Lot Details

  • 6,359 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Storm Doors

Kitchen

  • Galley Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Highland View Park Subdivision

Listing and Financial Details

  • Tax Lot P7
  • Assessor Parcel Number 161301012127

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,137

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Galley, Dining Area, Chair Railings, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Outside Entrance, Rear Entrance, Unfinished, Walkout Stairs, Sump Pump
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 368.66
  • 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 Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 122400.00
  • Land Assessed Value: 210200.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6359
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6359.00
  • Property Condition: Very Good
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14005736
  • Tax Annual Amount: 4136.73
  • Assessor Parcel Number: 161301012127
  • Tax Lot: P7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 29, 2014
Sold by
Fiorito Ralph B
Bought by
Edmunds Margaret
Seller's Agent
Joseph Petruccelli
Weichert, REALTORS
Buyer's Agent
Charles Holzwarth
Washington Fine Properties, LLC
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$615,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,751
Avg. Annual Appreciation
3.32%
Original Mortgage
$42,500
Outstanding Balance
$23,450
Interest Rate
4.12%
Mortgage Type
Stand Alone Second
Estimated Equity
$592,301

Purchase Details

Closed on
Dec 8, 1988
Bought by
Fiorito Ralph B
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
Edmunds Margaret $425,000 Fidelity Natl Title Ins Co
Fiorito Ralph B $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edmunds Margaret $42,500
Open Edmunds Margaret $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $425,000 0.0% $358 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $425,000 -- $358 / 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 $6,007 $498,200 -- --
2024 $6,007 $466,200 $257,000 $209,200
2023 $5,261 $462,967 $0 $0
2022 $3,705 $459,733 $0 $0
2021 $4,857 $456,500 $257,000 $199,500
2020 $4,670 $442,333 $0 $0
2019 $4,480 $428,167 $0 $0
2018 $4,301 $414,000 $257,000 $157,000
2017 $3,850 $386,867 $0 $0
2016 -- $359,733 $0 $0
2015 $2,728 $332,600 $0 $0
2014 $2,728 $330,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Petruccelli

    Seller's Agent in 2014

    Joseph Petruccelli

    Weichert Corporate

    (301) 452-5026

    64 Total Sales

    Joseph Petruccelli
    Section Image
  • Charles Holzwarth

    Buyer's Agent in 2014

    Charles Holzwarth

    Washington Fine Properties, LLC

    (202) 285-2616

    40 Total Sales

    Charles Holzwarth
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003105058

Bright MLS

APN: 13-01012127

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

3 Lauer Terrace, Silver Spring, MD

Not Listed for Sale

Detached

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