324 Franklin Ave Silver Spring, MD 20901
Silver Spring Park Neighborhood
2
Beds
1.5
Baths
1,557
Sq Ft
6,771
Sq Ft Lot
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 2018Charming 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.
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
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
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
5.51%
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
Similar Homes in Silver Spring, MD
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $470,000 | Tradition Title Llc | |
| Deed | $305,000 | Hutton Patt Title & Escrow L | |
| Deed | $156,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,000 | New Conventional | |
| Closed | $374,000 | New Conventional | |
| Closed | $376,000 | New Conventional | |
| Previous Owner | $35,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $274,500 | New Conventional | |
| Previous Owner | $43,200 | Credit Line Revolving | |
| Previous Owner | $256,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $240,000 | Stand Alone Second |
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
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
19 Total Sales
-
Mark Buckley
Seller Co-Listing Agent in 2018
Mark Buckley
Real Estate Direct
(571) 235-6566
9 Total Sales
-
Maura Fitzgerald
Buyer's Agent in 2018
Maura Fitzgerald
Compass
(240) 277-3165
6 in this area
67 Total Sales
-
Donna Kerr
Seller's Agent in 2012
Donna Kerr
Donna Kerr Group
(301) 325-2253
18 in this area
67 Total Sales
Map
Source: Bright MLS
MLS Number: 1004404755
APN: 13-01036076
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