NOT LISTED FOR SALE

3021 Red Lion Ln Silver Spring, MD 20904

Estimated Value: $688,000 - $790,000

4 Beds
3.5 Baths
3,357 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $575,000 $171 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,834/month

6 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.22 Acre Lot
  • Cape Cod Architecture
  • Galway Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of August 2020

Fantastic and unique offering in Calverton is now available! Home is truly one-of-a-kind and was custom built in 2001. An opportunity to own a custom Cape Cod with open floor plan, high-end gourmet kitchen, & massive main level owner suite does not become available often. Enter and you are struck by an open floor plan, incredibly high ceilings, hardwood floors and exceptional entertaining space. Family room is flanked by a beautiful gas fireplace and picture window. Main level office is ideal for working from home and features privacy doors. Kitchen is truly a chef's kitchen with high-end Viking Gas stove, Sub Zero fridge, large island, ample cabinetry and great natural light. French doors out to the newly stained deck are perfect for indoor/outdoor living. The owner's suite is truly special. It is adorned with hardwood floors, massive walk-in closet and en-suite bathroom with Jacuzzi, steam shower and tons of space. Main level also features a powder room and side door to your covered carport. Upstairs has two spacious bedrooms with full bath. Incredible potential to easily convert to three beds upstairs. Upper bedrooms are uniquely massive and offer immense potential. Ample storage upstairs in the dormer area is unique as well! Other features include: tankless hot water heater, Carrier HVAC for lower level/main floor, & commercial central vacuum for ease and convenience! Home is fully fenced in rear, with newly stained deck w/ handicapped accessible ramp. There is a long driveway, carport and much more. Solar lease in place and conveys to new owner. Easy commuter location to 29, 95 and Route 200, close to shopping, and Calverton Park. SOLAR LEASE WILL CONVEY TO NEW BUYER. SOLD AS IS DUE TO ESTATE. Welcome Home!!

Last Agent to Sell the Property

Andrew Hopley

Keller Williams Realty Centre License #SP200201373 Listed on: 07/27/2020

Keller Williams Realty Centre

Last Buyer's Agent

Yony Kifle

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,192

Year Built

  • Built in 2001

Lot Details

  • 9,680 Sq Ft Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Laundry on upper level

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway

Accessible Home Design

  • Level Entry For Accessibility
  • Ramp on the main level

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Calverton Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 160500364471

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,192

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main, Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-07-28
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic and unique offering in Calverton is now available! Home is truly one-of-a-kind and was custom built in 2001. An opportunity to own a custom Cape Cod with open floor plan, high-end gourmet kitchen, & massive main level owner suite does not become available often. Enter and you are struck by an open floor plan, incredibly high ceilings, hardwood floors and exceptional entertaining space. Family room is flanked by a beautiful gas fireplace and picture window. Main level office is ideal for working from home and features privacy doors. Kitchen is truly a chef's kitchen with high-end Viking Gas stove, Sub Zero fridge, large island, ample cabinetry and great natural light. French doors out to the newly stained deck are perfect for indoor/outdoor living. The owner's suite is truly special. It is adorned with hardwood floors, massive walk-in closet and en-suite bathroom with Jacuzzi, steam shower and tons of space. Main level also features a powder room and side door to your covered carport. Upstairs has two spacious bedrooms with full bath. Incredible potential to easily convert to three beds upstairs. Upper bedrooms are uniquely massive and offer immense potential. Ample storage upstairs in the dormer area is unique as well! Other features include: tankless hot water heater, Carrier HVAC for lower level/main floor, & commercial central vacuum for ease and convenience! Home is fully fenced in rear, with newly stained deck w/ handicapped accessible ramp. There is a long driveway, carport and much more. Solar lease in place and conveys to new owner. Easy commuter location to 29, 95 and Route 200, close to shopping, and Calverton Park. SOLAR LEASE WILL CONVEY TO NEW BUYER. SOLD AS IS DUE TO ESTATE. Welcome Home!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Laundry Type: Basement, Upper Floor
  • Total Sq Ft: 3670
  • Living Area Sq Ft: 3357
  • Price Per Sq Ft: 235.12
  • Above Grade Finished Sq Ft: 2420
  • Below Grade Finished Sq Ft: 937
  • Below Grade Sq Ft: 313
  • Total Below Grade Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3021

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • 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: Brick, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Rear
  • Improvement Assessed Value: 189600.00
  • Land Assessed Value: 252500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9680.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 13842220
  • Tax Annual Amount: 5192.00
  • Assessor Parcel Number: 160500364471
  • Tax Lot: 32
  • Tax Total Finished Sq Ft: 3357
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/28/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Aug 28, 2020
Sold by
Ferris Patricia and Ferko Arlene
Bought by
Abebe Ephrem and Abebe Rebcca
Seller's Agent
Andrew Hopley
Keller Williams Realty Centre
Buyer's Agent
Yony Kifle
EXP Realty, LLC
List Price
$569,000
Sold Price
$575,000
Premium/Discount to List
$6,000
1.05%
Total Days on Market
6
Current Estimated Value
$752,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,334
Avg. Annual Appreciation
5.76%
Original Mortgage
$546,250
Outstanding Balance
$490,232
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$262,102

Purchase Details

Closed on
Jan 4, 2010
Sold by
Ferris Arlene N
Bought by
Ferris Arlene N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Ferris Arlene N
Bought by
Ferris Arlene N Tr

Purchase Details

Closed on
Sep 20, 2007
Sold by
Ferris Arlene N
Bought by
Ferris Arlene N Tr
Source: Public Records

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Range of Values:

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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
Abebe Ephrem $575,000 None Available
Ferris Arlene N -- --
Ferris Arlene N Tr -- --
Ferris Arlene N Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abebe Ephrem $546,250
Previous Owner Ferris Arlene N $396,800
Previous Owner Ferris Arlene N $384,106
Previous Owner Ferris Arlene N $339,025
Previous Owner Ferris Arlene N $346,000
Previous Owner Ferris Arlene N $355,180
Previous Owner Ferris Earlene N $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $575,000 +1.1% $171 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $569,000 -- $169 / 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
2024 $7,572 $618,867 $0 $0
2023 $6,280 $568,700 $252,500 $316,200
2022 $5,526 $526,500 $0 $0
2021 $5,006 $484,300 $0 $0
2020 $4,516 $442,100 $252,500 $189,600
2019 $4,501 $442,100 $252,500 $189,600
2018 $4,501 $442,100 $252,500 $189,600
2017 $4,870 $494,000 $0 $0
2016 $4,173 $457,467 $0 $0
2015 $4,173 $420,933 $0 $0
2014 $4,173 $384,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC716652

Bright MLS

APN: 05-00364471