NOT LISTED FOR SALE

306 Indian Spring Dr Silver Spring, MD 20901

Indian Spring Neighborhood

Estimated Value: $911,000 - $1,009,000

4 Beds
4 Baths
2,868 Sq Ft
$335/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $575,000 $200 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,693/month

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Highland View Elementary School Rated A
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of April 2017

Location! 2006 Remodeled 4 BR 4 Full Bath Contemporary Hm in SS right off the Capital Beltway! 2015 Renovation of Upstairs Bedrooms, Baths, Kitchen Granite, MBR Floor, Laundry Floor, Basement Bath. Remodel/Renovation Master Bed/Bath, FM Rm, Kitchen. New A/C unit 2013. Invisible Fence (dog) Surrounds Entire Lot. Indoor/ Outdoor Sound System! SOLD AS IS. Short Sale Being Handled by Law Firm.

Last Agent to Sell the Property

Jennifer Drennan

(301) 318-5959 jjewelsltd@yahoo.com Taylor Properties License #617937 Listed on: 06/23/2016

Taylor Properties

Last Buyer's Agent

Rhonda Mortensen

(301) 326-6401 rhonda.mortensen@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 1934 | Remodeled in 2015

Lot Details

  • 7,417 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 3 Fireplaces
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Great Room
  • Family Room
  • Sitting Room
  • Dining Room
  • Game Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Basement with some natural light

Utilities

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

Community Details

  • No Home Owners Association
  • Indian Spring Terrace Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161301014786

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,353

Year Built

Built in 1934 | Remodeled in 2015

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1934
  • Year Renovated: 2015
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Washer, Dishwasher, Disposal, Stove, Icemaker, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Range Hood
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Breakfast Room, Great Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Daylight, Partial
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Refuse: 368.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 345300.00
  • Land Assessed Value: 215000.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7417
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7417.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14005997
  • Tax Annual Amount: 6353.16
  • Assessor Parcel Number: 161301014786
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Apr 4, 2017
Sold by
Pizzola Anthony P and Pizzola Kristin C
Bought by
Quarm Brian and Schaefer Mary
Seller's Agent
Jennifer Drennan
Taylor Properties
Buyer's Agent
Rhonda Mortensen
Compass
List Price
$799,000
Sold Price
$575,000
Premium/Discount to List
-$224,000
-28.04%
Current Estimated Value
$959,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,407
Avg. Annual Appreciation
6.16%
Original Mortgage
$525,000
Outstanding Balance
$437,951
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$521,456
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
Quarm Brian $575,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quarm Brian $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $575,000 -4.2% $200 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
11/02/2016 11/02/16 Price Changed $599,999 -4.0% $209 / Sq Ft
10/28/2016 10/28/16 Price Changed $625,000 -3.8% $218 / Sq Ft
10/19/2016 10/19/16 Price Changed $650,000 -3.7% $227 / Sq Ft
09/14/2016 09/14/16 Price Changed $675,000 -6.9% $235 / Sq Ft
08/03/2016 08/03/16 Price Changed $724,900 -3.3% $253 / Sq Ft
07/11/2016 07/11/16 Price Changed $749,900 -6.1% $261 / Sq Ft
06/23/2016 06/23/16 For Sale $799,000 -- $279 / 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 $8,048 $759,767 -- --
2024 $8,048 $623,700 $262,500 $361,200
2023 $7,119 $606,000 $0 $0
2022 $6,573 $588,300 $0 $0
2021 $6,227 $570,600 $262,500 $308,100
2020 $6,227 $567,167 $0 $0
2019 $6,149 $563,733 $0 $0
2018 $6,091 $560,300 $215,000 $345,300
2017 $6,051 $547,767 $0 $0
2016 -- $535,233 $0 $0
2015 $5,602 $522,700 $0 $0
2014 $5,602 $522,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Drennan

    Seller's Agent in 2017

    Jennifer Drennan

    Taylor Properties

    (301) 318-5959

    174 Total Sales

    Jennifer Drennan
    Section Image
  • Rhonda Mortensen

    Buyer's Agent in 2017

    Rhonda Mortensen

    Compass

    (301) 326-6401

    2 in this area

    93 Total Sales

    Rhonda Mortensen
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002439131

Bright MLS

APN: 13-01014786

Maryland Montgomery County Silver Spring 20901 Indian Spring

306 Indian Spring Dr, Silver Spring, MD

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