NOT LISTED FOR SALE

329 University Blvd E Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $570,000 - $622,000

4 Beds
2 Baths
1,494 Sq Ft
$405/Sq Ft Est. Value

Last Sold November 17, 2014

Last sale price $320,000 $214 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,739/month

Highlights

  • Second Kitchen
  • Cape Cod Architecture
  • Wood Flooring
  • Eastern Middle School Rated A-
  • Traditional Floor Plan
  • 1 Fireplace

About This Home

As of November 2014

Great sun-drenched Cape Cod with two kitchens. Great for home or small business. 5 car parking pad in front, additional parking in rear. Nice back yard and plenty of rooms including basement in-law suite.

Last Agent to Sell the Property

John Williams

(301) 588-9777 john@johnwilliamsjr.com RE/MAX Realty Services License #585736 Listed on: 03/12/2013

RE/MAX Realty Services

Last Buyer's Agent

Tef Makonnen

(301) 529-6261 tef.makonnen@cbzhomes.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1948

Lot Details

  • 6,600 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Driveway
  • Off-Street Parking
  • Surface Parking

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Indian Spring Park Subdivision, Can Be Used For Office!!!! Floorplan

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161301013020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,309

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1948
  • Remarks Public: Great sun-drenched Cape Cod with two kitchens. Great for home or small business. 5 car parking pad in front, additional parking in rear. Nice back yard and plenty of rooms including basement in-law suite.
  • Special Assessment Payment: Annually
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove
  • Interior Amenities: 2nd Kitchen, Kitchen - Eat-In, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 329

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Surface, Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage - Rear Entry, Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 368.67
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 127500.00
  • Land Assessed Value: 200700.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14005824
  • Tax Annual Amount: 4309.14
  • Assessor Parcel Number: 161301013020
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1494
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 11/17/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
Nov 17, 2014
Sold by
Adullah Salim and Salma Salim Umme
Bought by
Kassaye Abebe G and Beyene Abinet D
Seller's Agent
John Williams
RE/MAX Realty Services
Buyer's Agent
Tef Makonnen
Coldwell Banker Realty
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%
Current Estimated Value
$605,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,076
Avg. Annual Appreciation
6.02%
Original Mortgage
$304,000
Outstanding Balance
$232,874
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$372,202

Purchase Details

Closed on
Oct 18, 2005
Sold by
Copley George R
Bought by
Abdullah Salim and Salma Umme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2005
Sold by
Copley George R
Bought by
Copley George R
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
Kassaye Abebe G $320,000 Fidelity Natl Titl Ins Co
Abdullah Salim $485,000 --
Copley George R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassaye Abebe G $304,000
Previous Owner Abdullah Salim $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2014 11/17/14 Sold $320,000 +3.2% $214 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
09/11/2013 09/11/13 Price Changed $310,000 0.0% $207 / Sq Ft
09/11/2013 09/11/13 For Sale $310,000 -4.6% $207 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
05/29/2013 05/29/13 Price Changed $325,000 -7.1% $218 / Sq Ft
05/07/2013 05/07/13 Price Changed $350,000 -6.7% $234 / Sq Ft
04/11/2013 04/11/13 Price Changed $375,000 -6.3% $251 / Sq Ft
03/21/2013 03/21/13 Price Changed $400,000 -5.9% $268 / Sq Ft
03/12/2013 03/12/13 For Sale $425,000 -- $284 / 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 $6,214 $495,033 -- --
2024 $6,214 $476,300 $221,600 $254,700
2023 $6,752 $464,900 $0 $0
2022 $4,966 $453,500 $0 $0
2021 $4,313 $442,100 $221,600 $220,500
2020 $4,313 $403,500 $0 $0
2019 $3,852 $364,900 $0 $0
2018 $3,402 $326,300 $201,700 $124,600
2017 $3,456 $326,300 $0 $0
2016 $3,447 $326,300 $0 $0
2015 $3,447 $328,200 $0 $0
2014 $3,447 $328,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Williams

    Seller's Agent in 2014

    John Williams

    RE/MAX

    (301) 588-9777

    1 in this area

    85 Total Sales

    John Williams
    Section Image
  • Tef Makonnen

    Buyer's Agent in 2014

    Tef Makonnen

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (301) 529-6261

    9 Total Sales

    Tef Makonnen
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003388060

Bright MLS

APN: 13-01013020

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

329 University Blvd E, Silver Spring, MD

This home is located at 329 University Blvd E, Silver Spring, MD 20901 since 12 March 2013 and is currently estimated at $605,076, approximately $405 per square foot. This property was built in 1948. 329 University Blvd E is a home located in Montgomery County with nearby schools including New Hampshire Estates Elementary School, Oak View Elementary School, and Eastern Middle School.

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