NOT LISTED FOR SALE

3002 Fayette Rd Kensington, MD 20895

Estimated Value: $877,000 - $1,071,046

5 Beds
3.5 Baths
3,006 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $905,000 $301 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,172/month

4 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Deck
  • Oakland Terrace Elementary School Rated A
  • Colonial Architecture
  • Furnished

About This Home

As of May 2023

Welcome to 3002 Fayette Road, a beautifully renovated colonial with endless charm! Serena and Lily design driven classic, coastal , chic home with waterfall, mitered edge, 2 1/2 " quarts kitchen countertops, built-ins, custom finish carpentry wall treatments and finishes you will not find at this price point. Owner is a design manager for custom home developer. If you appreciate high end finishes this house is for you. The main floor features an open concept living/ family room/ kitchen that flows seamlessly into the dining area. Additionally, two bedrooms or an office/ bedroom combination gives you great flexibility with the two first floor bedrooms. Also located on the main floor is a luxurious full bath. The upper level offers a large primary bedroom suite complete with multiple closets and a beautifully renovated bathroom. 2 additional bedrooms 1 full bath and a bonus TV room make this floor perfect for a family with children. The lower level includes a family room, bedroom/ bonus room, half bath, laundry and storage. This home has it all. It is ideally located right next to Capitol View park and is just a short walk to the heart of historic Kensington. A beautiful saturday stroll to the Farmers Market, Antique Row and all the wonderful shops and restaurants of Old Town Kensington is awaiting your arrival! Schedule a tour and come experience it for yourself!

Last Agent to Sell the Property

Patrick Grantham

Long & Foster Real Estate, Inc. Listed on: 03/10/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Daniel Schuler

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,883

Year Built

  • Built in 1948 | Remodeled in 2014

Lot Details

  • 6,860 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence
  • Property is in excellent condition
  • Property is zoned R60

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Free Standing Fireplace
  • Electric Fireplace
  • Laundry in unit

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

Basement

  • Heated Basement
  • Basement with some natural light

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Oakland Terrace Elementary School
  • Newport Mill Middle School
  • Albert Einstein High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Homewood Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 161301208872

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,883

Year Built

Built in 1948 | Remodeled in 2014

Lot Details

0

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
  • Expected On Market: 2023-03-11
  • Federal Flood Zone: No
  • Year Built: 1948
  • Year Renovated: 2014
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Remarks Public: Welcome to 3002 Fayette Road, a beautifully renovated colonial with endless charm! Serena and Lily design driven classic, coastal , chic home with waterfall, mitered edge, 2 1/2 " quarts kitchen countertops, built-ins, custom finish carpentry wall treatments and finishes you will not find at this price point. Owner is a design manager for custom home developer. If you appreciate high end finishes this house is for you. The main floor features an open concept living/ family room/ kitchen that flows seamlessly into the dining area. Additionally, two bedrooms or an office/ bedroom combination gives you great flexibility with the two first floor bedrooms. Also located on the main floor is a luxurious full bath. The upper level offers a large primary bedroom suite complete with multiple closets and a beautifully renovated bathroom. 2 additional bedrooms 1 full bath and a bonus TV room make this floor perfect for a family with children. The lower level includes a family room, bedroom/ bonus room, half bath, laundry and storage. This home has it all. It is ideally located right next to Capitol View park and is just a short walk to the heart of historic Kensington. A beautiful saturday stroll to the Farmers Market, Antique Row and all the wonderful shops and restaurants of Old Town Kensington is awaiting your arrival! Schedule a tour and come experience it for yourself!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Upgraded Countertops
  • Fireplace Features: Electric, Free Standing
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Heated
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3276
  • Living Area Sq Ft: 3006
  • Price Per Sq Ft: 353.10
  • Above Grade Finished Sq Ft: 2546
  • Below Grade Finished Sq Ft: 460
  • Below Grade Sq Ft: 270
  • Total Below Grade Sq Ft: 730
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3002

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: OAKLAND TERRACE
  • Middle School: NEWPORT MILL
  • High School: ALBERT EINSTEIN
  • 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: OAKLAND TERRACE
  • High School: ALBERT EINSTEIN
  • Middle Or Junior School: NEWPORT MILL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Chain Link, Fully, Wood
  • Improvement Assessed Value: 486200.00
  • Land Assessed Value: 259600.00
  • Land Use Code: R
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6860.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R60
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14023767
  • Tax Annual Amount: 8883.00
  • Assessor Parcel Number: 161301208872
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 2906
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/04/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 3, 2023
Sold by
Nalls Fry Erin
Bought by
Lackey Leila G and Gossett Daniel R
Seller's Agent
Patrick Grantham
Long & Foster Real Estate, Inc.
Buyer's Agent
Daniel Schuler
Compass
List Price
$899,000
Sold Price
$905,000
Premium/Discount to List
$6,000
0.67%
Views
84
Current Estimated Value
$990,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,262
Avg. Annual Appreciation
4.03%
Original Mortgage
$727,000
Outstanding Balance
$707,310
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$282,952

Purchase Details

Closed on
Apr 22, 2021
Sold by
Tropea Joseph S and Tropea Mary Jane
Bought by
Fry Erin Nalls

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2013
Closed on
Oct 4, 2013
Sold by
Pettitt Judith Moir and Pettit Judith Moir
Bought by
Mecklai Property Investments Llc
Seller's Agent
Jeannie Nguyen
Century 21 Redwood Realty
Buyer's Agent
Dana Scanlon
Keller Williams Capital Properties
List Price
$365,000
Sold Price
$352,000
Premium/Discount to List
-$13,000
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%

Purchase Details

Listed on
Sep 6, 2013
Closed on
Aug 29, 2013
Sold by
Pettit Judith Moir and Bowie Barbara M
Bought by
Pettit Judith Moir
Seller's Agent
Jeannie Nguyen
Century 21 Redwood Realty
Buyer's Agent
Dana Scanlon
Keller Williams Capital Properties
List Price
$365,000
Sold Price
$352,000
Premium/Discount to List
-$13,000
-3.56%

Purchase Details

Closed on
Nov 30, 1995
Sold by
K Jack V and K Moir A
Bought by
Jack V Moir Et Al Tr
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
Lackey Leila G $905,000 Old Republic National Title
Fry Erin Nalls $680,000 First American Title Ins Co
Mecklai Property Investments Llc $354,000 First American Title Ins Co
Pettit Judith Moir -- None Available
Jack V Moir Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lackey Leila G $727,000
Previous Owner Fry Erin Nalls $578,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $905,000 +0.7% $301 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $899,000 +34.2% $299 / Sq Ft
10/21/2015 10/21/15 Sold $670,000 -2.5% $570 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $687,000 +95.2% $584 / Sq Ft
10/08/2013 10/08/13 Sold $352,000 -3.6% $299 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $365,000 -- $310 / 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 $9,317 $816,533 -- --
2024 $9,317 $745,800 $259,600 $486,200
2023 $4,302 $745,800 $259,600 $486,200
2022 $8,191 $745,800 $259,600 $486,200
2021 $8,898 $753,400 $233,700 $519,700
2020 $8,352 $706,867 $0 $0
2019 $7,802 $660,333 $0 $0
2018 $7,270 $613,800 $233,700 $380,100
2017 $5,529 $526,900 $0 $0
2016 $3,688 $440,000 $0 $0
2015 $3,688 $353,100 $0 $0
2014 $3,688 $353,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2085412

Bright MLS

APN: 13-01208872