NOT LISTED FOR SALE

3500 Forest Edge Dr Unit 151C Silver Spring, MD 20906

Estimated Value: $212,125 - $219,000

2 Beds
2 Baths
1,273 Sq Ft
$978/mo HOA Fee

Last Sold December 11, 2023

Last sale price $200,000 $157 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,292/month

51 Days on Market

Highlights

  • Active Adult
  • Clubhouse
  • Garden View
  • Gated Community
  • Traditional Architecture
  • Community Indoor Pool

About This Home

As of December 2023

Rare ground floor unit! Fantastic 2 bedroom, 2 bath condo ready to move in. Windows on both sides of the unit give this condo a light and airy feel. The primary bedroom offers a serene retreat, complete with an in-suite bathroom with walk-in shower. Closets provide abundant storage space. Opening to a private patio space allows you easy access to the surrounding green space. The unit also includes an assigned covered parking space and extra storage space. All utilities are included in the monthly condo fee, plus internet and cable TV. The property is part of a wonderful 55+ community, which offers an array of amenities to enhance your lifestyle. Residents have exclusive access to a gold course, swimming pools, fitness centers, tennis courts, and a multitude of social and recreational activities. The meticulously maintained grounds create a tranquil setting, perfect for leisurely walks or enjoying the outdoors. LW offers a Ceramic Shop, Woodshop & games at Clubhouse I & II! Meet friends at one of the three restaurants, including casual to fine dining, outdoor dining on the lanai overlooking the outdoor pool and golf course. Convenient in Clubhouse I is the library, post office, and onsite banking. Clubhouse II offers a theatre, indoor swimming, and a workout room. Area shopping includes Leisure World Plaza, a major grocery store and shops which offer many grocery stores, variety of stores including many restaurants. Easy access to commuter routes including the ICC-200, I-495, I-95, I-270 giving you access to Washington DC and Northern VA.

Last Agent to Sell the Property

Alexandra Magdaleno

(301) 910-1912 amagdaleno@weichert.com Weichert, REALTORS License #0225238539 Listed on: 09/14/2023

Weichert, REALTORS

Last Buyer's Agent

Abteen Teymourtash

(240) 801-5486 homessoldbuyabteen@gmail.com Long & Foster Real Estate, Inc. License #662261

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1977

Lot Details

  • 2,875

HOA Fees

  • $978 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,273 Sq Ft Home
  • Property has 1 Level
  • Garden Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Off-Site Parking

Utilities

  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 161301750152

Community Details

Overview

  • Active Adult
  • Association fees include water, trash, snow removal, sewer, recreation facility, lawn maintenance, electricity, gas, bus service
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Leisure World MC Condos
  • Rossmoor Mutual Subdivision

Recreation

  • Community Indoor Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,746

Year Built

Built in 1977

Lot Details

0

HOA Fees

$978 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-14
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1273
  • Living Area Sq Ft: 1273
  • Price Per Sq Ft: 153.10
  • Above Grade Finished Sq Ft: 1273
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport, Off Site

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 978.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Leisure World MC
  • HOA Condo Co-Op Amenities: Club House, Gated Community, Pool - Indoor
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Sewer, Recreation Facility, Lawn Maintenance, Electricity, Gas, Bus Service
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Good
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1746.00
  • Assessor Parcel Number: 161301750152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Dec 11, 2023
Sold by
Revocabl Jose and Revocabl Maria
Bought by
Claggett Menjou A
Seller's Agent
Alexandra Magdaleno
Weichert, REALTORS
Buyer's Agent
Abteen Teymourtash
Long & Foster Real Estate, Inc.
List Price
$203,000
Sold Price
$200,000
Premium/Discount to List
-$3,000
-1.48%
Views
337
Current Estimated Value
$216,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,531
Avg. Annual Appreciation
4.09%
Original Mortgage
$194,000
Outstanding Balance
$190,743
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$25,788

Purchase Details

Closed on
Jun 3, 2020
Sold by
Acosta Jose Barbadillo and Barbadillo Bing Juana
Bought by
Acosta Jose Barbadillo and Barbadillo Maria Luisa

Purchase Details

Listed on
Aug 8, 2017
Closed on
Sep 13, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Acosta Jose Barbadillo and Bing Juana Barbadillo
Seller's Agent
Faith Rosselle
Rosselle Realty Services
Buyer's Agent
Alexandra Magdaleno
Weichert, REALTORS
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Apr 1, 2017
Sold by
Nixon Nancy J
Bought by
Federal Home Loane Corp

Purchase Details

Closed on
Dec 12, 2006
Sold by
Delbalzo Mary J Rev Tr
Bought by
Nixon Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2006
Sold by
Delbalzo Mary J Rev Tr
Bought by
Nixon Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2001
Sold by
Delbalzo Mary J
Bought by
Delbalzo Mary J Rev Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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
Claggett Menjou A $200,000 Stewart Title
Claggett Menjou A $200,000 Stewart Title
Acosta Jose Barbadillo -- None Available
Acosta Jose Barbadillo $140,000 None Available
Federal Home Loane Corp $161,749 Title365
Nixon Nancy J $240,000 --
Nixon Nancy J $240,000 --
Delbalzo Mary J Rev Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claggett Menjou A $194,000
Closed Claggett Menjou A $194,000
Previous Owner Nixon Nancy J $192,000
Previous Owner Nixon Nancy J $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2023 12/11/23 Sold $200,000 +2.6% $157 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $194,900 -4.0% $153 / Sq Ft
09/14/2023 09/14/23 For Sale $203,000 +45.0% $159 / Sq Ft
09/14/2017 09/14/17 Sold $140,000 +0.1% $110 / Sq Ft View Prior Sale
08/21/2017 08/21/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $139,900 -- $110 / 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 $2,133 $185,000 -- --
2024 $2,133 $180,000 $54,000 $126,000
2023 $2,669 $166,667 $0 $0
2022 $1,054 $153,333 $0 $0
2021 $904 $140,000 $42,000 $98,000
2020 $828 $133,333 $0 $0
2019 $753 $126,667 $0 $0
2018 $682 $120,000 $36,000 $84,000
2017 $580 $113,333 $0 $0
2016 -- $106,667 $0 $0
2015 $486 $100,000 $0 $0
2014 $486 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2106848

Bright MLS

APN: 13-01750152