NOT LISTED FOR SALE

3041 Memory Ln Silver Spring, MD 20904

Estimated Value: $606,000 - $635,000

3 Beds
2.5 Baths
1,980 Sq Ft
$313/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $475,000 $240 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,788/month

7 Days on Market

Highlights

  • Solar Power System
  • 0.27 Acre Lot
  • Recreation Room
  • Galway Elementary School Rated A-
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of December 2020

Take a stroll down Memory Lane and make this your next dream home. A Fantastic Colonial that is tastefully updated and infused with a fresh contemporary vibe that is ready to nest and create beautiful memories at a townhouse price. It is nestled on a good size fenced lot of fun Tanglewood community. This 3 bedroom, 2.5 bath house with 2 car garage (with 240V plug ready for your electric car), has an open kitchen/breakfast/family room floor plan with a patio door to the deck and fenced in back yard. All stainless steel appliances in the kitchen make cooking and clean up a breeze. The large primary bedroom has a vaulted ceiling, its own walk-in closet, and private bath with separate shower and soaking tub, as well as a double vanity. The basement is a great room for either your recreation or home theater, or whatever you like, with ample closet space to the rear. The utility room houses the laundry and the side door provides access to the yard. Improvements: 2020 - microwave, many areas just painted; 2019 - hot water heater (10 yr warranty), siding & fence; 2016 - roof & solar panel system; 2014 - Heat Pump/AC. Property has a long term solar panel lease to assume which requires minimum 650 FICO score. Seller states solar system has saved them much in energy costs over the years they have had the system.

Last Agent to Sell the Property

Miguel Avila

(571) 233-0581 miguel@miguelavila.com EXP Realty, LLC License #0225086309 Listed on: 10/22/2020

EXP Realty, LLC

Last Buyer's Agent

Channele Sawyer

(443) 760-6543 channelesalesdmvdreamhomes@gmail.com Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,574

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Property is in very good condition
  • Property is zoned R90

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Front Facing Garage
  • Shared Driveway
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asbestos Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Recreation Room
  • Carpet
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Front Loading Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Side Basement Entry
  • Drainage System
  • Sump Pump
  • Laundry in Basement

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party
  • Heating system powered by solar connected to the grid
  • Cooling system powered by solar connected to the grid
  • Solar Heating System
  • Heating system powered by active solar

Outdoor Features

  • Shed

Schools

  • Galway Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Programmable Thermostat
  • Underground Utilities
  • 200+ Amp Service
  • 120/240V
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 160502211261

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility
  • Tanglewood Recreational Association, Phone Number (301) 540-8600
  • Tanglewood Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,574

Year Built

Built in 1986

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-10-22
  • Federal Flood Zone: No
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Family Room Off Kitchen, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Window Features: Double Pane, Screens, Sliding
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall, 2 Story Ceilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Recreation Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Drainage System, Sump Pump, Walkout Stairs, Unfinished, Side Entrance, Poured Concrete, Interior Access
  • Laundry Type: Basement
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 282.74
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 220
  • Total Below Grade Sq Ft: 520
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Exterior Features: Street Lights, Sidewalks
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Electric Vehicle Charging Station(s), Paved Driveway, Shared Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, On Street, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Solar Photovoltaic
  • Cooling Type: Ceiling Fan(s), Heat Pump(s), Programmable Thermostat, Solar On Grid, Central A/C
  • Electric Service: 200+ Amp Service, 120/240V, Photovoltaics Third-Party Owned, Circuit Breakers, Underground
  • Heating Fuel: Electric, Solar
  • Heating Type: Forced Air, Heat Pump - Electric Backup, Programmable Thermostat, Solar On Grid, Heat Pump(s), Solar - Active
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Phone, Electric Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility
  • HOA Name: TANGLEWOOD RECREATIONAL ASSOCIATION
  • HOA Phone: 301-540-8600
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: GALWAY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 140700.00
  • Land Assessed Value: 260400.00
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11744.00
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13846784
  • Tax Annual Amount: 4574.00
  • Assessor Parcel Number: 160502211261
  • Tax Lot: 96
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 3, 2020
Sold by
Clark David W and Clark Kameela E
Bought by
Noboa Louis A
Seller's Agent
Miguel Avila
EXP Realty, LLC
Buyer's Agent
Channele Sawyer
Taylor Properties
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$620,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,462
Avg. Annual Appreciation
5.40%
Original Mortgage
$285,000
Outstanding Balance
$253,735
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$366,727

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jun 14, 2013
Sold by
Foley John J
Bought by
Clark Ii David W and Clark Kameela E
Seller's Agent
Charmaine Prusak
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Greenberg
Long & Foster Real Estate, Inc.
List Price
$369,000
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$3,000
Interest Rate
3.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 29, 1995
Sold by
A John J and A Foley C
Bought by
Foley John J
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
Noboa Louis A $475,000 Rgs Title
Clark Ii David W $369,000 First American Title Ins Co
Foley John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noboa Louis A $285,000
Previous Owner Clark Ii David W $3,000
Previous Owner Clark Ii David W $362,316
Previous Owner Clark Ii David W $11,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2020 12/03/20 Sold $475,000 0.0% $240 / Sq Ft
11/02/2020 11/02/20 For Sale $475,000 0.0% $240 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/29/2020 10/29/20 Off Market $475,000 -- --
10/22/2020 10/22/20 For Sale $475,000 +28.7% $240 / Sq Ft
06/14/2013 06/14/13 Sold $369,000 0.0% $220 / Sq Ft View Prior Sale
04/29/2013 04/29/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $369,000 0.0% $220 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $369,000 -- $220 / 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 $6,079 $509,733 -- --
2024 $6,079 $483,267 $0 $0
2023 $6,438 $456,800 $260,400 $196,400
2022 $4,552 $438,233 $0 $0
2021 $4,293 $419,667 $0 $0
2020 $8,127 $401,100 $260,400 $140,700
2019 $3,883 $386,067 $0 $0
2018 $3,716 $371,033 $0 $0
2017 $3,555 $356,000 $0 $0
2016 $3,529 $343,167 $0 $0
2015 $3,529 $330,333 $0 $0
2014 $3,529 $317,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC730510

Bright MLS

APN: 05-02211261