NOT LISTED FOR SALE

3066 Memory Ln Silver Spring, MD 20904

Estimated Value: $655,000 - $693,718

4 Beds
3.5 Baths
1,752 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $425,000 $243 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,120/month

263 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Community Pool
  • Galway Elementary School Rated A-
  • 1 Fireplace
  • Tennis Courts

About This Home

As of April 2016

$20,000 REDUCTION, remodeled 4 level colonial. Has 80% all new everything incl walls, hardwood floors, kit.. and fixtures, tile & cabinets. This 4 bedroom, 3 1/2 baths, has it all.., Formal living & dining room, family rm., breakfast rm. and huge deck off family rm. Completely finished rec.rm.with bedroom and full bath plus wet bar and rough-in for kitchen,. walk-out to rear yard. 2 car gar

Last Agent to Sell the Property

Daniel Campbell

Taylor Properties Listed on: 06/20/2015

Taylor Properties

Last Buyer's Agent

Mr. K Oyedele

Cornerstone Properties and Financial Services LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,944

Year Built

  • Built in 1986 | Remodeled in 2015

Lot Details

  • 9,284 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R90

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Home Security System
  • Washer

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Sump Pump

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • No Septic System

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 160502211636

Community Details

Overview

  • Tanglewood Community
  • Tanglewood Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,944

Year Built

Built in 1986 | Remodeled in 2015

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Year Renovated: 2015
  • Remarks Public: $20,000 REDUCTION, remodeled 4 level colonial. Has 80% all new everything incl walls, hardwood floors, kit.. and fixtures, tile & cabinets. This 4 bedroom, 3 1/2 baths, has it all.., Formal living & dining room, family rm., breakfast rm. and huge deck off family rm. Completely finished rec.rm.with bedroom and full bath plus wet bar and rough-in for kitchen,. walk-out to rear yard. 2 car gar
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven - Self Cleaning, Range Hood, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, 2nd Kitchen, Family Room Off Kitchen, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Fully Finished, Full, Improved, Heated, Walkout Level, Sump Pump
  • Living Area Units: Square Feet
  • Street Number Modifier: 3066

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Shingle Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 33.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Basketball Courts, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 114000.00
  • Land Assessed Value: 251200.00
  • Lot Size Acres: 0.21
  • Lot Size Area: 9284
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9284.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13846809
  • Tax Annual Amount: 3944.39
  • Assessor Parcel Number: 160502211636
  • Tax Lot: 61
  • Tax Total Finished Sq Ft: 1752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 04/15/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2015
Closed on
Apr 15, 2016
Sold by
Mehra Inder Pal and Mehra Kanta
Bought by
Legesse Mehari and Hailegeberel Makeda
Seller's Agent
Daniel Campbell
Taylor Properties
Buyer's Agent
Mr. K Oyedele
Cornerstone Properties and Financial Services LLC
List Price
$499,900
Sold Price
$425,000
Premium/Discount to List
-$74,900
-14.98%
Current Estimated Value
$671,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,930
Avg. Annual Appreciation
4.98%
Original Mortgage
$417,302
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 1986
Bought by
Mehra Inder P and Mehra K
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
Legesse Mehari $425,000 Fntic
Mehra Inder P $150,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legesse Mehari $390,000
Closed Legesse Mehari $403,000
Closed Legesse Mehari $417,302
Previous Owner Mehra Inder Pal $59,700
Previous Owner Mehra Inder Pal $191,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $425,000 -2.3% $243 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
10/21/2015 10/21/15 Price Changed $434,900 -3.3% $248 / Sq Ft
10/10/2015 10/10/15 Price Changed $449,900 -2.2% $257 / Sq Ft
09/13/2015 09/13/15 Price Changed $459,900 0.0% $263 / Sq Ft
09/12/2015 09/12/15 Price Changed $460,000 -2.1% $263 / Sq Ft
09/11/2015 09/11/15 Price Changed $470,000 -1.9% $268 / Sq Ft
09/05/2015 09/05/15 Price Changed $479,000 -2.2% $273 / Sq Ft
08/20/2015 08/20/15 Price Changed $489,900 -2.0% $280 / Sq Ft
06/20/2015 06/20/15 For Sale $499,900 -- $285 / 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 $6,249 $534,067 -- --
2024 $6,249 $503,933 $0 $0
2023 $5,186 $473,800 $251,200 $222,600
2022 $4,807 $461,333 $0 $0
2021 $4,453 $448,867 $0 $0
2020 $4,453 $436,400 $251,200 $185,200
2019 $4,176 $412,667 $0 $0
2018 $3,914 $388,933 $0 $0
2017 $3,725 $365,200 $0 $0
2016 -- $351,867 $0 $0
2015 $3,618 $338,533 $0 $0
2014 $3,618 $325,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002344087

Bright MLS

APN: 05-02211636