NOT LISTED FOR SALE

304 Franklin Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $606,165 - $722,000

3 Beds
2 Baths
1,872 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $520,000 $278 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,921/month

Highlights

  • Cape Cod Architecture
  • Backs to Trees or Woods
  • Attic
  • Highland View Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of July 2021

This home is located at 304 Franklin Ave, Silver Spring, MD 20901 since 15 July 2021 and is currently estimated at $646,041, approximately $345 per square foot. This property was built in 1933. 304 Franklin Ave is a home located in Montgomery County with nearby schools including Highland View Elementary School, Silver Spring International Middle School, and Northwood High School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 07/15/2021

Last Buyer's Agent

Jim Connolly

(202) 550-7460 jim.connolly@LNF.com Long & Foster Real Estate, Inc. License #0225196535

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,234

Year Built

  • Built in 1933

Lot Details

  • 0.3 Acre Lot
  • Backs to Trees or Woods
  • Property is zoned R60

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Brick Wall or Ceiling
  • Family Room
  • Dining Room
  • Home Office
  • Laundry Room
  • Attic
  • Basement

Flooring

  • Wood
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Seven Oaks Subdivision

Listing and Financial Details

  • Tax Lot P1
  • Assessor Parcel Number 161301036214

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,234

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Vinyl, Concrete
  • Interior Amenities: Attic
  • Wall Ceiling Types: Dry Wall, Plaster Walls, Brick
  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Family Room, Den, Laundry, Office, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Total Sq Ft: 1872
  • Living Area Sq Ft: 1872
  • Price Per Sq Ft: 530.68
  • Above Grade Finished Sq Ft: 942
  • Below Grade Finished Sq Ft: 930
  • Total Below Grade Sq Ft: 930
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • 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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • 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: 4
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 118400.00
  • Land Assessed Value: 234500.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13072.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14007912
  • Tax Annual Amount: 4234.00
  • Assessor Parcel Number: 161301036214
  • Tax Lot: P1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Jul 15, 2021
Sold by
Geissel Helen Elizabeth Ann
Bought by
Lewis Harry
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Jim Connolly
Long & Foster Real Estate, Inc.
List Price
$499,900
Sold Price
$520,000
Premium/Discount to List
$20,100
4.02%
Current Estimated Value
$646,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,041
Avg. Annual Appreciation
4.98%
Original Mortgage
$494,000
Outstanding Balance
$448,434
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$197,607

Purchase Details

Closed on
Jun 10, 2020
Sold by
Geissel Helen Elizabeth Ann and Averill Helen Geissel
Bought by
Geissel Helen Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2018
Sold by
Averill Christopher W and Averill Helen Geissel
Bought by
Geissel Averill Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1998
Sold by
Robinowitz Robert S
Bought by
Christopher W Averill
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
Lewis Harry $520,000 Kvs Title Llc
Geissel Helen Elizabeth Ann -- Accommodation
Geissel Averill Helen -- None Available
Christopher W Averill $128,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Harry $494,000
Previous Owner Geissel Helen Elizabeth Ann $297,000
Previous Owner Geissel Averill Helen $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $520,000 +4.0% $278 / Sq Ft
07/15/2021 07/15/21 For Sale $499,900 -- $267 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
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 $6,434 $514,300 -- --
2024 $6,434 $495,400 $234,500 $260,900
2023 $2,586 $447,900 $0 $0
2022 $4,380 $400,400 $0 $0
2021 $8,170 $352,900 $234,500 $118,400
2020 $3,666 $344,833 $0 $0
2019 $3,542 $336,767 $0 $0
2018 $3,428 $328,700 $234,500 $94,200
2017 $3,453 $324,200 $0 $0
2016 -- $319,700 $0 $0
2015 $2,985 $315,200 $0 $0
2014 $2,985 $315,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Connolly

    Buyer's Agent in 2021

    Jim Connolly

    Long & Foster

    (202) 550-7460

    4 in this area

    99 Total Sales

    Jim Connolly
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Map

Source: Bright MLS

MLS Number: MDMC2005998

Bright MLS

APN: 13-01036214

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

304 Franklin Ave, Silver Spring, MD

Not Listed for Sale

Detached

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