NOT LISTED FOR SALE

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

Estimated Value: $144,000 - $168,000

1 Bed
1.5 Baths
946 Sq Ft
$570/mo HOA Fee

Last Sold February 27, 2015

Last sale price $85,000 $90 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,536/month

5 Days on Market

Highlights

  • Fitness Center
  • Transportation Service
  • Gated Community
  • 24-Hour Security
  • Senior Living
  • Open Floorplan

About This Home

As of February 2015

MOVE IN READY***FIRST FLOOR***Renovated, fresh paint, large condo!*** Flooded with natural light (bring your sunglasses)***New Flooring***Updated Kitchen***Patio***Covered parking w/ extra storage***All utilities & Basic cable included in condo fee***Community offers golfing, swimming, hobby clubs, restaurants,fitness center and so much more***Pets allowed-Size restrictions. Pastoral view.

Last Listed By

Mary Young

RE/MAX Realty Group Listed on: 01/12/2015

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $716

Year Built

  • Built in 1977

Lot Details

  • 2,352

HOA Fees

  • $570 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 946 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • 1 Detached Carport Space
  • Parking Storage or Cabinetry
  • 1 Assigned Parking Space

Accessible Home Design

  • Grab Bars
  • Level Entry For Accessibility

Schools

  • Flower Valley Elementary School
  • Earle B. Wood Middle School
  • Rockville High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Patio
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161301750243

Community Details

Overview

  • Senior Living
  • Moving Fees Required
  • Association fees include air conditioning, cable TV, common area maintenance, electricity, heat, lawn maintenance, management, road maintenance, reserve funds, snow removal, trash, security gate, recreation facility
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Leisure World Of Maryland Community
  • Rossmoor Mutual #14 Subdivision
  • The community has rules related to commercial vehicles not allowed, moving in times, parking rules

Amenities

  • Transportation Service
  • Newspaper Service
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Party Room
  • Community Library

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Indoor Pool
  • Pool Membership Available
  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Fenced around community
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$716

Year Built

Built in 1977

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Grab Bars Mod, Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Remarks Public: MOVE IN READY***FIRST FLOOR***Renovated, fresh paint, large condo!*** Flooded with natural light (bring your sunglasses)***New Flooring***Updated Kitchen***Patio***Covered parking w/ extra storage***All utilities & Basic cable included in condo fee***Community offers golfing, swimming, hobby clubs, restaurants,fitness center and so much more***Pets allowed-Size restrictions. Pastoral view.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Exhaust Fan
  • Interior Amenities: Dining Area, Primary Bath(s), Built-Ins, Entry Level Bedroom, Window Treatments, Wood Floors, Floor Plan - Traditional, Floor Plan - Open
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 946
  • Living Area Sq Ft: 946
  • Price Per Sq Ft: 95.03
  • Above Grade Finished Sq Ft: 946
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3500

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Carport Spaces: 1
  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport, Assigned, Assigned
  • Garage Features: Covered Parking, Additional Storage Area
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 570.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Exercise Room, Fencing, Gated Community, Golf Course Membership Available, Jog/Walk Path, Library, Meeting Room, Newspaper Service, Party Room, Pool Mem Avail, Pool - Indoor, Pool - Outdoor, Retirement Community, Security, Shuffleboard, Tennis Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Heat, Lawn Maintenance, Management, Road Maintenance, Reserve Funds, Snow Removal, Trash, Security Gate, Recreation Facility
  • HOA Condo Co-Op Rules: Adult Living Community, Commercial Vehicles Prohibited, Moving In Times, Parking, Pets - Size Restrict, Pets - Allowed, Moving Fees Required
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Community Pool Features: Indoor

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FLOWER VALLEY
  • Middle School: EARLE B. WOOD
  • High School: ROCKVILLE
  • School District Key: 121138126809
  • Elementary School: FLOWER VALLEY
  • High School: ROCKVILLE
  • Middle Or Junior School: EARLE B. WOOD

Lot Info

  • Improvement Assessed Value: 42000.00
  • Land Assessed Value: 18000.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052064
  • Tax Annual Amount: 715.74
  • Assessor Parcel Number: 161301750243
  • Tax Total Finished Sq Ft: 946
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/27/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 27, 2015
Sold by
Archuleta Kathryn V
Bought by
Gibeily Maryann S and Sinnott Marie
Seller's Agent
Mary Young
RE/MAX Realty Group
Buyer's Agent
Barbara Ciment
Perennial Real Estate
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Total Days on Market
5
Current Estimated Value
$155,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,102
Avg. Annual Appreciation
6.09%

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 10, 2015
Sold by
Love Edward T and Mascarotti Rapahel S
Bought by
Wimberly Mescal B
Seller's Agent
Mary Young
RE/MAX Realty Group
Buyer's Agent
Barbara Ciment
Perennial Real Estate
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Purchase Details

Closed on
Jul 26, 2013
Sold by
Wimberly Mescal B and Hostetler Ronald
Bought by
Archuleta Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2004
Sold by
Mascarotti Raphael S
Bought by
Wimberly Mescal B

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
Gibeily Maryann S $85,000 Rgs Title Llc
Wimberly Mescal B -- Rgs Title Llc
Archuleta Kathryn $71,900 None Available
Wimberly Mescal B $116,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wimberly Mescal B $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $85,000 -5.5% $90 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $89,900 -- $95 / 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
2024 $1,270 $105,000 $31,500 $73,500
2023 $555 $103,333 $0 $0
2022 $819 $101,667 $0 $0
2021 $921 $100,000 $30,000 $70,000
2020 $0 $91,667 $0 $0
2019 $266 $83,333 $0 $0
2018 $829 $75,000 $22,500 $52,500
2017 $847 $70,000 $0 $0
2016 $325 $65,000 $0 $0
2015 $325 $60,000 $0 $0
2014 $325 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002300583

Bright MLS

APN: 13-01750243