NOT LISTED FOR SALE

3031 Medway St Silver Spring, MD 20902

Estimated Value: $373,000 - $402,000

3 Beds
1 Bath
1,008 Sq Ft
$386/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $285,000 $283 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,474/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Albert Einstein High School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of July 2017

Complete Remodel and it's adorable! You will love how large the kitchen is with espresso cabinets, granite and stainless appliances. Original site finished hardwood floors in family room and all bedrooms upstairs. Newer windows, roofing and ac unit. (approx 8 years old) Seller is providing home warranty. Perfect location close to bus route w/plenty of parking! The backyard is perfect for relaxing

Last Agent to Sell the Property

Troyce Gatewood

Real Broker, LLC - Frederick Listed on: 06/16/2017

Last Buyer's Agent

Kelly Adrea

Samson Properties

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1950

Lot Details

  • 3,081 Sq Ft Lot
  • 1 Common Wall
  • Partially Fenced Property

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Combination Foundation

Interior Spaces

  • Property has 3 Levels
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Deck

Schools

  • Highland Elementary School
  • Newport Mill Middle School
  • Albert Einstein High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Connecticut Avenue Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot P2
  • Assessor Parcel Number 161301238220

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,492

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1950
  • Remarks Public: Complete Remodel and it's adorable! You will love how large the kitchen is with espresso cabinets, granite and stainless appliances. Original site finished hardwood floors in family room and all bedrooms upstairs. Newer windows, roofing and ac unit. (approx 8 years old) Seller is providing home warranty. Perfect location close to bus route w/plenty of parking! The backyard is perfect for relaxing
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Star Refrigerator, Oven - Self Cleaning, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Combination
  • Living Area Units: Square Feet
  • Street Number Modifier: 3031

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: 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: On Street

Utilities

  • Refuse: 278.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Central
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: HIGHLAND
  • Middle School: NEWPORT MILL
  • High School: ALBERT EINSTEIN
  • School District Key: 121138126809
  • Elementary School: HIGHLAND
  • High School: ALBERT EINSTEIN
  • Middle Or Junior School: NEWPORT MILL

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 106000.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 3081
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3081.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: R40

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14026605
  • Tax Annual Amount: 2492.25
  • Assessor Parcel Number: 161301238220
  • Tax Lot: P2
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/25/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
Jul 25, 2017
Sold by
Rea Ryan
Bought by
Rogers Latrice D
Seller's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
Buyer's Agent
Kelly Adrea
Samson Properties
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Current Estimated Value
$388,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,703
Avg. Annual Appreciation
3.83%
Original Mortgage
$270,750
Outstanding Balance
$226,156
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$160,028

Purchase Details

Listed on
Mar 10, 2017
Closed on
Mar 21, 2017
Sold by
Mathews William G and Estate Of Grace C Mathews
Bought by
Rea Ryan
Seller's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
Buyer's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
525.80%
Original Mortgage
$127,500
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Rogers Latrice D $285,000 Pinnacle Title And Escrow In
Rea Ryan $150,000 Pinnacle Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Latrice D $63,000
Open Rogers Latrice D $270,750
Previous Owner Rea Ryan $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $285,000 -4.7% $283 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $299,000 +99.3% $297 / Sq Ft
03/21/2017 03/21/17 Sold $150,000 0.0% $149 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $150,000 -- $149 / 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 $4,275 $341,700 $150,000 $191,700
2024 $4,275 $326,167 $0 $0
2023 $3,283 $310,633 $0 $0
2022 $2,379 $295,100 $150,000 $145,100
2021 $1,978 $265,400 $0 $0
2020 $3,957 $235,700 $0 $0
2019 $1,926 $206,000 $100,000 $106,000
2018 $1,844 $200,567 $0 $0
2017 $2,508 $195,133 $0 $0
2016 -- $189,700 $0 $0
2015 $1,330 $179,733 $0 $0
2014 $1,330 $169,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002542391

Bright MLS

APN: 13-01238220