NOT LISTED FOR SALE

324 Franklin Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $669,000 - $752,000

2 Beds
1.5 Baths
1,557 Sq Ft
$453/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $470,000 $302 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,473/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Cape Cod Architecture
  • Wood Flooring
  • Highland View Elementary School Rated A
  • Traditional Floor Plan
  • Main Floor Bedroom

About This Home

As of February 2018

Charming Cape with original detail and a beautiful fully fenced corner lot. Newly refinished hardwood, updated casement windows, stainless appliances & updated cabinetry. Incredible entertainment area found in an all-seasons room with high-end finishes & natural light. Ready-to-finish 300 sqft second level with 11ft vaulted ceilings. Just 1.4 miles to downtown Silver Spring.

Last Agent to Sell the Property

Lewis Temple

Donna Kerr Group Listed on: 01/04/2018

Co-Listed By

Mark Buckley

Real Estate Direct

Last Buyer's Agent

Maura Fitzgerald

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1932 | Remodeled in 2015

Lot Details

  • 6,771 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,557 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Double Pane Windows
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Utility Room
  • Wood Flooring
  • Views of Woods
  • Attic

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Workshop
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Seven Oaks Subdivision

Listing and Financial Details

  • Tax Lot P7
  • Assessor Parcel Number 161301036076

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,150

Year Built

Built in 1932 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1932
  • Year Renovated: 2015
  • Remarks Public: Charming Cape with original detail and a beautiful fully fenced corner lot. Newly refinished hardwood, updated casement windows, stainless appliances & updated cabinetry. Incredible entertainment area found in an all-seasons room with high-end finishes & natural light. Ready-to-finish 300 sqft second level with 11ft vaulted ceilings. Just 1.4 miles to downtown Silver Spring.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Interior Amenities: Dining Area, Entry Level Bedroom, Wood Floors, Floor Plan - Traditional
  • Window Features: Casement, Double Pane
  • Fireplace: No
  • Door Features: French
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Basement, Foyer, Sun/Florida Room, Utility Room, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Walkout Level, Windows, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 1557
  • Living Area Sq Ft: 1557
  • Price Per Sq Ft: 281.95
  • Above Grade Finished Sq Ft: 1557
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 324

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Roof: Composite
  • View: Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), 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
  • School District Key: 121138126809

Green Features

  • Efficiency: Appliances

Lot Info

  • Improvement Assessed Value: 105500.00
  • Land Assessed Value: 212100.00
  • Lot Features: Corner
  • Lot Size Acres: 0.16
  • Lot Size Area: 6771
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6771.00
  • Outdoor Living Structures: Balcony, Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14007899
  • Tax Annual Amount: 4150.32
  • Assessor Parcel Number: 161301036076
  • Tax Lot: P7
  • Tax Total Finished Sq Ft: 1341
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 02/09/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Feb 9, 2018
Sold by
Hewett Angela
Bought by
Mchugh Jeffrey P
Seller's Agent
Lewis Temple
Donna Kerr Group
Buyer's Agent
Maura Fitzgerald
Compass
List Price
$439,000
Sold Price
$470,000
Premium/Discount to List
$31,000
7.06%
Current Estimated Value
$705,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,430
Avg. Annual Appreciation
5.31%
Original Mortgage
$376,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jul 25, 2012
Sold by
Mickle Daniel
Bought by
Hewett Angela
Seller's Agent
Donna Kerr
Donna Kerr Group
Buyer's Agent
Lewis Temple
Donna Kerr Group
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$274,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2000
Sold by
Carter Joan A
Bought by
Mickle Daniel
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
Mchugh Jeffrey P $470,000 Tradition Title Llc
Hewett Angela $305,000 Hutton Patt Title & Escrow L
Mickle Daniel $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchugh Jeffrey P $374,000
Closed Mchugh Jeffrey Paul $374,000
Closed Mchugh Jeffrey P $376,000
Previous Owner Hewett Angela $35,000
Previous Owner Hewett Angela $274,500
Previous Owner Mickle Daniel $43,200
Previous Owner Mickle Daniel $256,000
Previous Owner Mickle Daniel $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $470,000 +7.1% $302 / Sq Ft
01/07/2018 01/07/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $439,000 +43.9% $282 / Sq Ft
07/25/2012 07/25/12 Sold $305,000 -- $227 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
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 $7,545 $590,300 $243,800 $346,500
2024 $7,545 $597,800 $212,100 $385,700
2023 $6,213 $552,067 $0 $0
2022 $5,356 $506,333 $0 $0
2021 $4,797 $460,600 $212,100 $248,500
2020 $4,315 $419,600 $0 $0
2019 $3,872 $378,600 $0 $0
2018 $3,475 $337,600 $212,100 $125,500
2017 $3,458 $330,933 $0 $0
2016 -- $324,267 $0 $0
2015 $3,334 $317,600 $0 $0
2014 $3,334 $317,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lewis Temple

    Seller's Agent in 2018

    Lewis Temple

    Donna Kerr Group

    (301) 367-7932

    1 in this area

    20 Total Sales

    Section Image
  • Mark Buckley

    Seller Co-Listing Agent in 2018

    Mark Buckley

    Real Estate Direct

    (571) 235-6566

    9 Total Sales

    Section Image
  • Maura Fitzgerald

    Buyer's Agent in 2018

    Maura Fitzgerald

    Compass

    (240) 277-3165

    6 in this area

    68 Total Sales

    Section Image
  • Donna Kerr

    Seller's Agent in 2012

    Donna Kerr

    Donna Kerr Group

    (301) 325-2253

    18 in this area

    67 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004404755

Bright MLS

APN: 13-01036076

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

324 Franklin Ave, Silver Spring, MD

This home is located at 324 Franklin Ave, Silver Spring, MD 20901 since 04 January 2018 and is currently estimated at $705,430, approximately $453 per square foot. This property was built in 1932. 324 Franklin Ave is a home located in Montgomery County with nearby schools including Highland View Elementary School, Silver Spring International Middle School, and Northwood High School.

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