Seller's Agent in 2022
Susan Kirn
Compass
(443) 465-2912
10 in this area
159 Total Sales
315 Franklin Ave Silver Spring, MD 20901
Indian Spring NeighborhoodEstimated Value: $692,000 - $790,439
4
Beds
2
Baths
1,523
Sq Ft
$500/Sq Ft
Est. Value
Highlights
- Deck
- Traditional Floor Plan
- Wood Flooring
- Highland View Elementary School Rated A
- Rambler Architecture
- Main Floor Bedroom
About This Home
As of June 2022This thoughtfully updated, move-in-ready home sits on a picturesque lot, only minutes to downtown Silver Spring. Step into the roomy hardwood foyer, offering double closets and a glimpse of the sunlit main level. To the right, the hardwood family room features a fireplace inset in a brick mantle and provides open flow to the dedicated dining area and the updated kitchen highlighted by quartz countertops and stainless-steel appliances. Moving through the family room, pass through the doorway to the east wing of the home offering two generous bedrooms with ceiling fans and ample closet space. The upgraded full bathroom includes an on-trend vanity and light fixture as well as a tiled shower. Left of the foyer, in the west wing of the home a gorgeous Jack & Jill suite features a large front-facing bay window, hardwood floors, an updated full bath, and egress to the backyard deck from the rear bedroom. Moving upstairs, the partially finished loft level hosts a bonus room and ample storage opportunity. The unfinished basement level provides a utility sink and access to the large garage and an ideal space for a rec room addition. Off the kitchen, enjoy the hybrid utility/office space offering main level laundry and a stone counter overlooking the backyard garden that flows seamlessly to the covered porch. The three-season deck showcases large skylights, a ceiling fan and walkout access to the fully fenced backyard with mature landscaping. Enjoy off-street and garage parking in this idyllic neighborhood. The location offers convenience to Silver Spring Metro Station and future Purple Line station. Also nearby are major commuter routes, parks, the YMCA, Whole Foods, local farmer's market, restaurants, shops, and so much more!**Awesome Features**Jack and Jill suite with egress to backyard deck**Extensive landscaping gives this home the high-end curb appeal a homeowner is sure to love**Hardwood floors, on-trend paint palette and designer finishes throughout**Upgraded kitchen with quartz countertops and stainless appliances **Three season sunroom off kitchen with backyard views**Located near local parks, trails, shopping and restaurants** WELCOME HOME!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,510
Year Built
- Built in 1930
Lot Details
- 9,939 Sq Ft Lot
- Partially Fenced Property
- Property is in excellent condition
- Property is zoned R60
Parking
- 1 Car Direct Access Garage
- 2 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
- On-Street Parking
Home Design
- Rambler Architecture
- Block Foundation
- Asphalt Roof
- Chimney Cap
Interior Spaces
- Property has 2.5 Levels
- Traditional Floor Plan
- Ceiling Fan
- Screen For Fireplace
- Fireplace Mantel
- Replacement Windows
- Bay Window
- Window Screens
- Family Room Off Kitchen
- Combination Kitchen and Dining Room
- Den
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Connecting Stairway
- Interior Basement Entry
- Garage Access
- Water Proofing System
- Sump Pump
- Basement Windows
Outdoor Features
- Deck
- Screened Patio
- Exterior Lighting
- Porch
Utilities
- Central Air
- Radiator
- Vented Exhaust Fan
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Seven Oaks Subdivision
Listing and Financial Details
- Tax Lot P5
- Assessor Parcel Number 161301038100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2022
Closed on
Jun 10, 2022
Sold by
Allene Stiers Gretchen
Bought by
Vonhippel Arielle Von and Klein Ryan
Seller's Agent
Susan Kirn
Compass
Buyer's Agent
Ken Abramowitz
RE/MAX Town Center
List Price
$650,000
Sold Price
$720,000
Premium/Discount to List
$70,000
10.77%
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
$40,860
Avg. Annual Appreciation
1.72%
Original Mortgage
$540,000
Outstanding Balance
$514,671
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$246,189
Purchase Details
Closed on
May 6, 2014
Sold by
Solano Silvana and Stiers Gretchen Allene
Bought by
Solano Silvana and Stiers Gretchen Allene
Purchase Details
Closed on
Nov 9, 1999
Sold by
Gamez Alicia I
Bought by
Solano Silvana
Purchase Details
Closed on
May 3, 1996
Sold by
F Seth J and F Ratliff E
Bought by
Alicia I Gamez
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 |
|---|---|---|---|
| Vonhippel Arielle Von | $720,000 | Old Republic National Title | |
| Solano Silvana | -- | Attorney | |
| Solano Silvana | $170,000 | -- | |
| Alicia I Gamez | $144,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vonhippel Arielle Von | $540,000 | |
| Previous Owner | Solano Silvana | $110,000 | |
| Previous Owner | Solano Silvana | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $720,000 | +10.8% | $473 / Sq Ft |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
| 05/12/2022 05/12/22 | For Sale | $650,000 | -- | $427 / 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 |
|---|---|---|---|---|
| 2025 | $6,727 | $629,900 | -- | -- |
| 2024 | $6,727 | $520,800 | $226,500 | $294,300 |
| 2023 | $7,109 | $495,900 | $0 | $0 |
| 2022 | $5,159 | $471,000 | $0 | $0 |
| 2021 | $4,818 | $446,100 | $226,500 | $219,600 |
| 2020 | $4,618 | $431,133 | $0 | $0 |
| 2019 | $4,418 | $416,167 | $0 | $0 |
| 2018 | $4,229 | $401,200 | $226,500 | $174,700 |
| 2017 | $4,200 | $392,900 | $0 | $0 |
| 2016 | -- | $384,600 | $0 | $0 |
| 2015 | $3,643 | $376,300 | $0 | $0 |
| 2014 | $3,643 | $376,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Kirn
-
Natalie Perez
Seller Co-Listing Agent in 2022
Natalie Perez
Compass
(301) 674-1581
12 in this area
163 Total Sales
-
Ken Abramowitz
Buyer's Agent in 2022
Ken Abramowitz
RE/MAX
(301) 526-2380
1 in this area
447 Total Sales
-
Kam Khazai
K
Buyer Co-Listing Agent in 2022
Kam Khazai
RE/MAX
(240) 605-1736
1 in this area
121 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2050356
APN: 13-01038100
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