NOT LISTED FOR SALE

320 University Blvd E Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $501,000 - $590,525

5 Beds
2.5 Baths
1,564 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $500,000 $320 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,341/month

46 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • No HOA
  • Montgomery Knolls Elementary School Rated A
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of June 2024

Welcome to 320 E University Blvd in the community of Franklin Knolls, a prime investment opportunity! This spacious 5-bedroom, 2.5-bath gem is nestled in a coveted location, just a stroll away from the local elementary school. Currently tenant-occupied, this property offers savvy investors the chance to unlock its full potential. With a sizeable fenced yard and ample room for updates, this home presents a canvas for value-maximizing improvements. Bring your vision and transform this residence into a modern haven. A strategic investment awaits in a sought-after area. Spacious deck. Easy access to I-495, Rt-29, Rt-198. Brand new roof installed 3/2024.

Last Agent to Sell the Property

Kiara Merriweather

(914) 844-9789 kiaramerriweather@northroprealty.com Northrop Realty Listed on: 02/29/2024

Northrop Realty

Last Buyer's Agent

Diego Alvarado Giron

(571) 245-8718 diegotherealtor@yahoo.com Campodonico Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,005

Year Built

  • Built in 1959

Lot Details

  • 7,263 Sq Ft Lot
  • Back Yard Fenced and Front Yard
  • Property is zoned R60

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Window Screens
  • Sliding Doors
  • Atrium Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Franklin Knolls Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 161301354411

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,005

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-03-01
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 320 E University Blvd in the community of Franklin Knolls, a prime investment opportunity! This spacious 5-bedroom, 2.5-bath gem is nestled in a coveted location, just a stroll away from the local elementary school. Currently tenant-occupied, this property offers savvy investors the chance to unlock its full potential. With a sizeable fenced yard and ample room for updates, this home presents a canvas for value-maximizing improvements. Bring your vision and transform this residence into a modern haven. A strategic investment awaits in a sought-after area. Spacious deck. Easy access to I-495, Rt-29, Rt-198. Brand new roof installed 3/2024.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Stove
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s)
  • Window Features: Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Atrium, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 2328
  • Living Area Sq Ft: 1564
  • Price Per Sq Ft: 408.08
  • Above Grade Finished Sq Ft: 1164
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 764
  • Total Below Grade Sq Ft: 1164
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Fencing: Rear
  • Land Use Code: R
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7263.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2024
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5005.00
  • Assessor Parcel Number: 161301354411
  • Tax Lot: 41
  • Tax Total Finished Sq Ft: 1564
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2024
  • Close Date: 06/28/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Jun 28, 2024
Sold by
Price Michael
Bought by
Barahona Rosaly and Axel Arias Montero Kent
Seller's Agent
Kiara Merriweather
Northrop Realty
Buyer's Agent
Diego Alvarado Giron
Campodonico Realty
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Views
735
Current Estimated Value
$546,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,131
Avg. Annual Appreciation
7.20%
Original Mortgage
$490,943
Outstanding Balance
$485,079
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$61,052

Purchase Details

Closed on
May 30, 2003
Sold by
Baker Glenn A
Bought by
Price Michael
Source: Public Records

Range of Values:

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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
Barahona Rosaly $500,000 Doma Title
Barahona Rosaly $500,000 Doma Title
Price Michael $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barahona Rosaly $490,943
Closed Barahona Rosaly $490,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $500,000 +5.3% $320 / Sq Ft
05/24/2024 05/24/24 For Sale $475,000 0.0% $304 / Sq Ft
04/25/2024 04/25/24 Off Market $475,000 -- --
04/15/2024 04/15/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $475,000 0.0% $304 / Sq Ft
03/18/2024 03/18/24 For Sale $475,000 0.0% $304 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $475,000 -- $304 / 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 $5,208 $417,000 -- --
2024 $5,208 $388,900 $199,100 $189,800
2023 $5,005 $373,367 $0 $0
2022 $4,602 $357,833 $0 $0
2021 $4,275 $342,300 $199,100 $143,200
2020 $4,275 $337,267 $0 $0
2019 $4,184 $332,233 $0 $0
2018 $4,104 $327,200 $191,900 $135,300
2017 $4,047 $317,300 $0 $0
2016 -- $307,400 $0 $0
2015 $3,584 $297,500 $0 $0
2014 $3,584 $296,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kiara Merriweather

    Seller's Agent in 2024

    Kiara Merriweather

    Creig Northrop Team of Long & Foster

    (914) 844-9789

    1 in this area

    44 Total Sales

    Kiara Merriweather
    Section Image
  • Diego Alvarado Giron

    Buyer's Agent in 2024

    Diego Alvarado Giron

    Campodonico Realty

    (571) 245-8718

    1 in this area

    7 Total Sales

    Diego Alvarado Giron
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2121468

Bright MLS

APN: 13-01354411

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

320 University Blvd E, Silver Spring, MD

This home is located at 320 University Blvd E, Silver Spring, MD 20901 since 29 February 2024 and is currently estimated at $546,131, approximately $349 per square foot. This property was built in 1959. 320 University Blvd E is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Eastern Middle School.

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