NOT LISTED FOR SALE

302 Cloverly Forest Dr Silver Spring, MD 20905

Estimated Value: $824,782 - $1,006,000

5 Beds
3.5 Baths
3,668 Sq Ft
$248/Sq Ft Est. Value

Last Sold July 05, 2019

Last sale price $670,000 $183 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,586/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Cloverly Elementary School Rated A-
  • 2 Car Attached Garage
  • Property is in very good condition

About This Home

As of July 2019

Newly constructed colonial by Richmond American Homes tucked away in the Cloverly area of Silver Spring. This 5 bedroom 3 bathroom home provides open concept living, beautiful architecture, and scenic views. Main level features a grand, two-story entry, gleaming hardwood floors, and a gas fireplace. Upgraded eat-in kitchen with quartz countertops, stainless steel appliances, and large pantry. The spacious master suite is complete with tray ceilings, large walk-in closet, and luxurious private bath. The fully finished walkout basement features 9 ceilings, rec room, 5th bedroom and 3rd full bathroom. Wireless in-ground irrigation system installed June 2018. Close to 29 & ICC.

Last Agent to Sell the Property

Russell Chandler

(240) 988-7609 russell.chandler@redfin.com Redfin Corp Listed on: 04/10/2019

Redfin Corp

Last Buyer's Agent

Beza Mersha

(202) 328-6333 beza20037@hotmail.com Neighborhood Assistance Corporation of America

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 2017

Lot Details

  • 0.25 Acre Lot
  • Property is in very good condition
  • Property is zoned RE1

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Improved Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Public Septic

Community Details

  • Cloverly Forest Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 160503749930

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

Built in 2017

Lot Details

0

HOA Fees

$70 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: 2017
  • Remarks Public: Newly constructed colonial by Richmond American Homes tucked away in the Cloverly area of Silver Spring. This 5 bedroom 3 bathroom home provides open concept living, beautiful architecture, and scenic views. Main level features a grand, two-story entry, gleaming hardwood floors, and a gas fireplace. Upgraded eat-in kitchen with quartz countertops, stainless steel appliances, and large pantry. The spacious master suite is complete with tray ceilings, large walk-in closet, and luxurious private bath. The fully finished walkout basement features 9 ceilings, rec room, 5th bedroom and 3rd full bathroom. Wireless in-ground irrigation system installed June 2018. Close to 29 & ICC.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Improved
  • Total Sq Ft: 3918
  • Living Area Sq Ft: 3668
  • Price Per Sq Ft: 249.26
  • Above Grade Finished Sq Ft: 2708
  • Below Grade Finished Sq Ft: 960
  • Below Grade Sq Ft: 250
  • Total Below Grade Sq Ft: 1210
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 302

Beds/Baths

  • Bedrooms: 5
  • 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: Stone, Combination
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 210.00
  • HOA Fee Frequency: Quarterly
  • 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
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 209600.00
  • Land Use Code: 011
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10796.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14122595
  • Tax Annual Amount: 6521.00
  • Assessor Parcel Number: 160503749930
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 3668
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/05/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jul 5, 2019
Sold by
Smith Montrell and Smith Cristan
Bought by
Antwi Kwasi and Antwi Fabiola
Seller's Agent
Russell Chandler
Redfin Corp
Buyer's Agent
Beza Mersha
Neighborhood Assistance Corporation of America
List Price
$684,900
Sold Price
$670,000
Premium/Discount to List
-$14,900
-2.18%
Current Estimated Value
$910,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,196
Avg. Annual Appreciation
5.00%
Original Mortgage
$617,908
Outstanding Balance
$541,343
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$368,853

Purchase Details

Closed on
Mar 26, 2018
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Smith Montrell and Smith Cristan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,170
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Antwi Kwasi $670,000 Stewart Title And Escrow Inc
Smith Montrell $661,463 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antwi Kwasi $617,908
Closed Antwi Kwasi $0
Previous Owner Smith Montrell $529,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2019 07/05/19 Sold $670,000 -0.7% $183 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/26/2019 04/26/19 Price Changed $674,999 -1.4% $184 / Sq Ft
04/10/2019 04/10/19 For Sale $684,900 -- $187 / 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 $8,282 $726,700 -- --
2024 $8,282 $680,600 $0 $0
2023 $7,038 $634,500 $209,600 $424,900
2022 $6,655 $628,833 $0 $0
2021 $6,537 $623,167 $0 $0
2020 $6,451 $617,500 $209,600 $407,900
2019 $6,180 $603,900 $0 $0
2018 $5,829 $209,600 $209,600 $0
2017 $2,418 $209,600 $0 $0
2016 -- $209,600 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC626026

Bright MLS

APN: 05-03749930