Seller's Agent in 2021
Gail Chisholm
Compass
(240) 393-3945
1 in this area
49 Total Sales
307 Franklin Ave Silver Spring, MD 20901
Indian Spring NeighborhoodEstimated Value: $591,000 - $640,000
2
Beds
2.5
Baths
1,160
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- Spa
- Traditional Floor Plan
- Main Floor Bedroom
- Highland View Elementary School Rated A
- Wood Flooring
- No HOA
About This Home
As of May 2021Sweet rustic cottage oozing with charm and character. Features dark wood trim, h/w floors, barn door, sunken patio with tin roof covered with wisteria and a detached garage. Kitchen with exposed brick, quartz countertops, vintage inspired star tile, floating wood shelves, stainless appliances. Deck overlooks lovely garden filled with hydrangea, peonies, gardenia and lilac. Close proximity to Sligo Creek trails. Two year old salt water hot tub conveys. This house is special. Come make it your home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,557
Year Built
- Built in 1926
Lot Details
- 10,122 Sq Ft Lot
- Property is Fully Fenced
- Property is in very good condition
- Property is zoned R60
Home Design
- Cottage
- Brick Exterior Construction
Interior Spaces
- Property has 2 Levels
- Traditional Floor Plan
- Ceiling Fan
- Dining Area
- Wood Flooring
Kitchen
- Eat-In Galley Kitchen
- Breakfast Area or Nook
- Stove
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
Laundry
- Front Loading Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Pool
- Spa
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Seven Oaks Subdivision
Listing and Financial Details
- Tax Lot P3
- Assessor Parcel Number 161301035857
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2021
Closed on
May 18, 2021
Sold by
Chisholm Gail A
Bought by
Bourque Catherine
Seller's Agent
Gail Chisholm
Compass
Buyer's Agent
Frank Snodgrass
TTR Sotheby's International Realty
List Price
$459,000
Sold Price
$550,000
Premium/Discount to List
$91,000
19.83%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,201
Avg. Annual Appreciation
1.95%
Original Mortgage
$380,000
Outstanding Balance
$349,244
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$247,468
Purchase Details
Listed on
Mar 10, 2016
Closed on
Apr 18, 2016
Sold by
Starhill Smith Kira and Sternburg Kira R
Bought by
Chisholm Gail A
Seller's Agent
Donna Kerr
Donna Kerr Group
Buyer's Agent
Gail Chisholm
Compass
List Price
$389,000
Sold Price
$430,000
Premium/Discount to List
$41,000
10.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$394,250
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2000
Sold by
Vanchieri Corinne F
Bought by
Sternburg Kira R
Purchase Details
Closed on
Sep 29, 1995
Sold by
Mcgreevy Patrick B
Bought by
Haeberle Alan H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
7.89%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bourque Catherine | $550,000 | Sage Title Group Llc | |
| Chisholm Gail A | $430,000 | Sage Title Group Llc | |
| Sternburg Kira R | $157,751 | -- | |
| Haeberle Alan H | $129,900 | -- | |
| Vanchieri Corinne F | $129,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bourque Catherine | $380,000 | |
| Previous Owner | Chisholm Gail A | $394,250 | |
| Previous Owner | Soloman Kira R | $127,166 | |
| Previous Owner | Sternburg Kira R | $35,000 | |
| Previous Owner | Haeberle Alan H | $123,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2021 05/18/21 | Sold | $550,000 | +19.8% | $474 / Sq Ft |
| 04/13/2021 04/13/21 | Pending | -- | -- | -- |
| 04/07/2021 04/07/21 | For Sale | $459,000 | +6.7% | $396 / Sq Ft |
| 04/18/2016 04/18/16 | Sold | $430,000 | +10.5% | $287 / Sq Ft |
| 03/12/2016 03/12/16 | Pending | -- | -- | -- |
| 03/10/2016 03/10/16 | For Sale | $389,000 | -- | $260 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,965 | $541,500 | $227,100 | $314,400 |
| 2023 | $5,416 | $490,233 | $0 | $0 |
| 2022 | $4,667 | $438,967 | $0 | $0 |
| 2021 | $4,174 | $387,700 | $227,100 | $160,600 |
| 2020 | $8,040 | $376,900 | $0 | $0 |
| 2019 | $3,866 | $366,100 | $0 | $0 |
| 2018 | $3,722 | $355,300 | $227,100 | $128,200 |
| 2017 | $3,725 | $349,300 | $0 | $0 |
| 2016 | $3,303 | $343,300 | $0 | $0 |
| 2015 | $3,303 | $337,300 | $0 | $0 |
| 2014 | $3,303 | $337,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Frank Snodgrass
TTR Sotheby's International Realty
(202) 257-0978
2 in this area
104 Total Sales
-
Seller's Agent in 2016
Donna Kerr
Donna Kerr Group
(301) 325-2253
5 in this area
68 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC750712
APN: 13-01035857
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