NOT LISTED FOR SALE

3122 Fairland Rd Silver Spring, MD 20904

Estimated Value: $201,000 - $249,000

5 Beds
3.5 Baths
965 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $585,000 $606 Per Sq Ft

Current estimated payment $1,554/month

118 Days on Market

Highlights

  • Newly Remodeled
  • 0.47 Acre Lot
  • Colonial Architecture
  • Galway Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of December 2016

Pending Release. Now is your chance. All New, One of a kind. Premium quality. Great floor plan. All the needs & wants: 9' ceiling, 7' doors, Over sized rooms, wood stairs, Mouldings, Porcelain & wood floors, Moen Fixtures, Full Finished Basement, open kit with 42" cab. SS Appls. Gran. Tops, island, well insulated, concrete driveway, Fire Sprinklers System, Nice Deck. The home you been looking for.

Last Agent to Sell the Property

Hector Velasquez

Capitol Real Estate License #0225086718 Listed on: 07/09/2016

Last Buyer's Agent

DINKU GEBRESENBET

Summer Realtors Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,072

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Bay Window
  • Window Screens
  • Insulated Doors
  • Dining Area
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Rear and Side Entry
  • Sump Pump

Accessible Home Design

  • Doors are 32 inches wide or more

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Schools

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

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Heating and Cooling System
  • Water Dispenser
  • Bottled Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by VELASQUEZ HOMES
  • Colesville Outside Subdivision, Magnolia Floorplan

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 160500249216

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,072

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2016
  • Remarks Public: Pending Release. Now is your chance. All New, One of a kind. Premium quality. Great floor plan. All the needs & wants: 9' ceiling, 7' doors, Over sized rooms, wood stairs, Mouldings, Porcelain & wood floors, Moen Fixtures, Full Finished Basement, open kit with 42" cab. SS Appls. Gran. Tops, island, well insulated, concrete driveway, Fire Sprinklers System, Nice Deck. The home you been looking for.
  • Special Assessment Payment: Annually
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Stove, Washer, Water Dispenser, Water Heater
  • Interior Amenities: Dining Area, Breakfast Area, Upgraded Countertops, Crown Moldings, Primary Bath(s), Wet/Dry Bar, Whirlpool/Hottub, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Energy Star Qualified, Insulated, Double Pane, Screens
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Tray Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Exercise Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Side Entrance, Sump Pump, Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 3122

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: 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: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • 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

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • 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

Green Features

  • Efficiency: Appliances, Construction, Lighting, Hvac
  • R Factor Basement: 15
  • R Factor Ceilings: 49
  • R Factor Ext Walls: 21

Lot Info

  • Land Assessed Value: 282500.00
  • Lot Size Acres: 0.47
  • Lot Size Area: 20609
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20609.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R90

Building Info

  • Builder Name: VELASQUEZ HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13834666
  • Tax Annual Amount: 4072.04
  • Assessor Parcel Number: 160500249216
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 12/09/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2013
Closed on
May 16, 2014
Sold by
Fannie Mae
Bought by
Velasquez Hector
Seller's Agent
Melanie Gamble
212 Degrees Realty, LLC
Buyer's Agent
Hector Velasquez
Capitol Real Estate
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$226,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,500
Avg. Annual Appreciation
5.89%
Original Mortgage
$149,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2013
Sold by
Adams Sarah C
Bought by
Federal National Mortgage Association
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
Velasquez Hector $150,000 First American
Federal National Mortgage Association $317,594 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Hector $149,000
Previous Owner Adams Sarah C $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $585,000 0.0% $606 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
10/23/2016 10/23/16 For Sale $585,000 0.0% $606 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/21/2016 09/21/16 Price Changed $585,000 -2.5% $606 / Sq Ft
08/29/2016 08/29/16 Price Changed $599,900 0.0% $622 / Sq Ft
08/29/2016 08/29/16 For Sale $599,900 +2.5% $622 / Sq Ft
08/08/2016 08/08/16 Off Market $585,000 -- --
07/09/2016 07/09/16 For Sale $579,900 +286.6% $601 / Sq Ft
05/16/2014 05/16/14 Sold $150,000 +0.7% $155 / Sq Ft
03/21/2014 03/21/14 Price Changed $149,000 -12.3% $154 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
01/17/2014 01/17/14 Price Changed $169,900 -2.9% $176 / Sq Ft
11/10/2013 11/10/13 For Sale $175,000 -- $181 / 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
2024 -- $282,500 $282,500 $0
2023 $3,769 $282,500 $282,500 $0
2022 $6,976 $282,500 $282,500 $0
2021 $3,209 $282,500 $282,500 $0
2020 $6,418 $282,500 $282,500 $0
2017 $6,587 $282,500 $0 $0
2016 -- $270,233 $0 $0
2015 -- $297,433 $0 $0
2014 -- $285,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002445027

Bright MLS

APN: 05-00249216