NOT LISTED FOR SALE

305 Cloverly Forest Dr Silver Spring, MD 20905

Estimated Value: $851,857 - $1,020,000

5 Beds
3.5 Baths
4,000 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $647,748 $162 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,754/month

Highlights

  • Newly Remodeled
  • Traditional Architecture
  • Sun or Florida Room
  • Cloverly Elementary School Rated A-
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of June 2017

Conveniently located btwn Balt & DC, Cloverly Forest offers attractive homes set on 1/4 to 1/3 acre home sites & a wealth of exciting personalization options. Residents will appreciate easy access to popular schools, park next door, shopping, dining & recreation. Close proximity to the ICC & Rt 29. Wooded home sites available.Across the nation & in MD, we're one of American's leading home bldrs!

Last Agent to Sell the Property

Jay Day

(866) 702-9038 jayday@dayhometeam.com LPT Realty, LLC Listed on: 10/10/2016

Last Buyer's Agent

Jay Day

(866) 702-9038 jayday@dayhometeam.com LPT Realty, LLC Listed on: 10/10/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 10,377 Sq Ft Lot
  • Property is zoned RE1

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Gas Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Game Room
  • Sun or Florida Room
  • Home Gym
  • Wood Flooring
  • Front Loading Washer

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Stove
  • Cooktop with Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Rear Basement Entry
  • Sump Pump

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • Built by RICHMOND AMERICAN HOMES
  • Cloverly Forest Subdivision, Allison Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 27
  • Assessor Parcel Number 160503749963

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,397

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2016
  • Remarks Public: Conveniently located btwn Balt & DC, Cloverly Forest offers attractive homes set on 1/4 to 1/3 acre home sites & a wealth of exciting personalization options. Residents will appreciate easy access to popular schools, park next door, shopping, dining & recreation. Close proximity to the ICC & Rt 29. Wooded home sites available.Across the nation & in MD, we're one of American's leading home bldrs!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Disposal, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Icemaker, Microwave, Oven - Double, Range Hood, Stove, Washer - Front Loading
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Combination Dining/Living, Kitchen - Eat-In, Upgraded Countertops, Crown Moldings, Primary Bath(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Den, Study, Sun/Florida Room, Exercise Room
  • Basement: Yes
  • Basement Type: Full, Rear Entrance, Walkout Stairs, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 219.58
  • Above Grade Finished Sq Ft: 2950
  • Below Grade Finished Sq Ft: 1050
  • Total Below Grade Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 174.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CLOVERLY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • School District Key: 121138126809
  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Land Assessed Value: 208400.00
  • Lot Size Acres: 0.24
  • Lot Size Area: 10377
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10377.00
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: RE1

Green Features

  • R Factor Basement: 11
  • R Factor Ceilings: 38
  • R Factor Ext Walls: 21

Building Info

  • Builder Name: RICHMOND AMERICAN HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14122596
  • Tax Annual Amount: 2397.02
  • Assessor Parcel Number: 160503749963
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 2806
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/30/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Jun 15, 2017
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Ally Arif and Ally Arif
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
Jay Day
LPT Realty, LLC
List Price
$662,318
Sold Price
$647,748
Premium/Discount to List
-$14,570
-2.2%
Current Estimated Value
$943,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,466
Avg. Annual Appreciation
4.63%
Original Mortgage
$518,198
Outstanding Balance
$429,728
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$513,486
Source: Public Records

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
Ally Arif $647,748 Stewart Title Of Maryland In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ally Arif $518,198
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $647,748 0.0% $162 / Sq Ft
02/22/2017 02/22/17 Price Changed $647,748 +0.2% $162 / Sq Ft
01/18/2017 01/18/17 Price Changed $646,398 +0.3% $162 / Sq Ft
11/30/2016 11/30/16 Price Changed $644,405 +6.1% $161 / Sq Ft
10/12/2016 10/12/16 Price Changed $607,547 -8.3% $152 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $662,318 -- $166 / 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 $8,342 $730,467 -- --
2024 $8,342 $685,733 $0 $0
2023 $8,497 $641,000 $208,400 $432,600
2022 $6,686 $631,633 $0 $0
2021 $6,400 $622,267 $0 $0
2020 $6,400 $612,900 $208,400 $404,500
2019 $6,384 $612,900 $208,400 $404,500
2018 $6,388 $612,900 $208,400 $404,500
2017 $7,400 $639,600 $0 $0
2016 -- $208,400 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Day

    Seller's Agent in 2017

    Jay Day

    LPT Realty, LLC

    (866) 702-9038

    1,220 Total Sales

    Jay Day
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Map

Source: Bright MLS

MLS Number: 1002465929

Bright MLS

APN: 05-03749963

Maryland Montgomery County Silver Spring 20905

305 Cloverly Forest Dr, Silver Spring, MD

This home is located at 305 Cloverly Forest Dr, Silver Spring, MD 20905 since 10 October 2016 and is currently estimated at $943,214, approximately $235 per square foot. This property was built in 2016. 305 Cloverly Forest Dr is a home located in Montgomery County with nearby schools including Cloverly Elementary School, Briggs Chaney Middle School, and Paint Branch High School.

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