NOT LISTED FOR SALE

324 Franklin Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $647,699 - $689,000

2 Beds
1.5 Baths
1,557 Sq Ft
$429/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2018

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

Est. 42% increase in value since last sale

Current estimated payment $4,162 / mo

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

(301) 608-1454 Lewis@donnakerrgroup.com Donna Kerr Group Listed on: 01/04/2018

Co-Listed By

Mark Buckley

(301) 610-3180 mark@mdhomesearch.com Real Estate Direct

Last Buyer's Agent

Maura Fitzgerald

(301) 304-8444 maura.fitzgerald@compass.com 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
  • 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
  • Heating System Uses Natural Gas
  • 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

6,771 Sq Ft Lot

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
  • 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

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

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

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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Feb 9, 2018
Sold by
Bought by
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
$668,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,675
Avg. Annual Appreciation
4.29%
Original Mortgage
$376,000
Outstanding Balance
$318,438
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$350,237

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jul 25, 2012
Sold by
Bought by
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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 Tradition Title Llc
$305,000 Hutton Patt Title & Escrow L
$156,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $376,000
Previous Owner $274,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
06/06/2012 06/06/12 Pending -- -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,848 $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

    2 in this area

    21 Total Sales

    Lewis Temple
    Section Image
  • Mark Buckley

    Seller Co-Listing Agent in 2018

    Mark Buckley

    Real Estate Direct

    (571) 235-6566

    5 Total Sales

    Mark Buckley
    Section Image
  • Maura Fitzgerald

    Buyer's Agent in 2018

    Maura Fitzgerald

    Compass

    (240) 277-3165

    6 in this area

    58 Total Sales

    Maura Fitzgerald
    Section Image
  • Donna Kerr

    Seller's Agent in 2012

    Donna Kerr

    Donna Kerr Group

    (301) 325-2253

    22 in this area

    83 Total Sales

    Donna Kerr
    Section Image
See All Agents

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

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