NOT LISTED FOR SALE

302 E Indian Spring Dr Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $556,000 - $625,174

5 Beds
2 Baths
2,200 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $517,500 $235 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,634/month

31 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Garden View
  • Montgomery Knolls Elementary School Rated A-
  • Rambler Architecture
  • 1 Fireplace

About This Home

As of March 2023

Location, Location, Location! Less than a 10-minute commute to Washington DC & one block to 495. Within walking distance to Blair High School and Eastern Middle School. Also walking distance to the soon-to-be Purple Line light rail. Finished basement with two addition rooms. Huge parking driveway can park 3 cars. This is a great walking neighborhood. Can walk to Four Corners shopping , Star Bucks and Restaurants. This home shows well and won't last long, come see it before it's gone!

Last Agent to Sell the Property

Andy Nguyen

(240) 247-7759 andylam.realtor@gmail.com EXP Realty, LLC License #0225230549 Listed on: 01/28/2023

EXP Realty, LLC

Co-Listed By

Tam Huynh

(301) 655-7382 tamhuynhrealtor@gmail.com Cardinal Realty Brokerage Corporation License #5010723

Last Buyer's Agent

Kiros Asmamaw

(202) 207-6036 kasmamaw@gmail.com Heymann Realty, LLC License #595185

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1951

Lot Details

  • 5,400 Sq Ft Lot
  • Property is Fully Fenced
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Brick Front

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Casement Windows
  • Window Screens
  • Combination Dining and Living Room
  • Garden Views
  • Attic Fan
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Franklin Knolls Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161301015495

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,248

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerator, Dishwasher, Garbage Disposal, Washer, Dryer.
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-01-28
  • Federal Flood Zone: No
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Window Features: Casement, Double Pane, Screens, Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Fully Finished
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 238.59
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick, Brick Front
  • Exterior Features: Sidewalks
  • Road Surface Type: Concrete
  • View: Garden/Lawn, Street
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan, Ceiling Fan(s), 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
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 84290.00
  • Land Assessed Value: 47000.00
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5400.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14006060
  • Tax Annual Amount: 5247.59
  • Assessor Parcel Number: 161301015495
  • Tax Lot: 10
  • Tax Page Number: 283
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Mar 28, 2023
Sold by
Bang Vanle
Bought by
Asfaw Surafel Tadesse
Seller's Agent
Andy Nguyen
EXP Realty, LLC
Buyer's Agent
Kiros Asmamaw
Heymann Realty, LLC
List Price
$524,900
Sold Price
$517,500
Premium/Discount to List
-$7,400
-1.41%
Views
136
Current Estimated Value
$598,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,544
Avg. Annual Appreciation
5.40%
Original Mortgage
$517,500
Outstanding Balance
$502,179
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
$95,865

Purchase Details

Closed on
Aug 13, 2016
Sold by
Bang Vanle
Bought by
Bang Vanle and Thi Le Truong

Purchase Details

Closed on
Apr 22, 2009
Sold by
Guevara Hilaria
Bought by
Vanvanle Bang Van

Purchase Details

Closed on
Jul 20, 2006
Sold by
Cadet Florina
Bought by
Guevara Hilaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
Cadet Florina
Bought by
Guevara Hilaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2000
Sold by
Sunny Yaunan
Bought by
Cadet Florina
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
Asfaw Surafel Tadesse $517,500 Doma Title
Bang Vanle -- Security American Title Llc
Vanvanle Bang Van $250,000 --
Guevara Hilaria $485,000 --
Guevara Hilaria $485,000 --
Guevara Hilaria $485,000 --
Guevara Hilaria $485,000 --
Cadet Florina $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asfaw Surafel Tadesse $517,500
Previous Owner Guevara Hilaria $388,000
Previous Owner Guevara Hilaria $97,000
Previous Owner Guevara Hilaria $97,000
Previous Owner Guevara Hilaria $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $517,500 -1.4% $235 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $524,900 -- $239 / 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 $6,015 $495,167 -- --
2024 $6,015 $459,000 $201,700 $257,300
2023 $6,438 $437,667 $0 $0
2022 $4,556 $416,333 $0 $0
2021 $4,150 $395,000 $201,700 $193,300
2020 $4,243 $388,700 $0 $0
2019 $4,045 $382,400 $0 $0
2018 $3,806 $376,100 $194,200 $181,900
2017 $3,852 $362,633 $0 $0
2016 $3,295 $349,167 $0 $0
2015 $3,295 $335,700 $0 $0
2014 $3,295 $334,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andy Nguyen

    Seller's Agent in 2023

    Andy Nguyen

    EXP Realty, LLC

    (240) 247-7759

    1 in this area

    70 Total Sales

    Andy Nguyen
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Tam Huynh

    Cardinal Realty Brokerage Corporation

    (301) 655-7382

    1 in this area

    3 Total Sales

    Tam Huynh
    Section Image
  • Kiros Asmamaw

    Buyer's Agent in 2023

    Kiros Asmamaw

    Heymann Realty, LLC

    (202) 207-6036

    1 in this area

    129 Total Sales

    Kiros Asmamaw
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2080888

Bright MLS

APN: 13-01354375

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

302 E Indian Spring Dr, Silver Spring, MD

Not Listed for Sale

Detached

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