NOT LISTED FOR SALE

3500 Forest Edge Dr Unit 152A Silver Spring, MD 20906

Estimated Value: $261,000 - $275,000

3 Beds
2 Baths
1,415 Sq Ft
$715/mo HOA Fee

Last Sold September 01, 2017

Last sale price $160,000 $113 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,430/month

64 Days on Market

Highlights

  • Golf Club
  • Fitness Center
  • Transportation Service
  • Bar or Lounge
  • 24-Hour Security
  • Private Pool

About This Home

As of September 2017

Is there a good investment in Leisure World? Yes, here it is! Largest (1,415 sf) 3BR & 2 FB end unit under $200K. Identical units with upgrades sell for $210K - $215K! New carpet, flooring & paint. Not fully updated, but in Great condition. Condo fee includes all utilities & all the amenities the community has to offer including golf, pools, etc. Reserved covered parking space & elevator.

Last Listed By

Dale Rickenbach

Cummings & Co. Realtors License #90241 Listed on: 06/14/2017

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1977

Lot Details

  • 3,006

HOA Fees

  • $715 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,415 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Wet Bar
  • Window Treatments
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 11
  • Covered Parking
  • On-Street Parking
  • 1 Assigned Parking Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Private Pool

Listing and Financial Details

  • Assessor Parcel Number 161301750106

Community Details

Overview

  • Senior Living
  • Association fees include air conditioning, electricity, exterior building maintenance, custodial services maintenance, heat, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water, security gate
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Rossmoor Mutual #14 Community
  • Leisure World Subdivision

Amenities

  • Transportation Service
  • Picnic Area
  • Common Area
  • Clubhouse
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Art Studio
  • Community Library
  • Recreation Room
  • Bar or Lounge
  • Elevator

Recreation

  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Pool Membership Available
  • Putting Green
  • Jogging Path

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,732

Year Built

Built in 1977

Lot Details

0

HOA Fees

$715 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Remarks Public: Is there a good investment in Leisure World? Yes, here it is! Largest (1,415 sf) 3BR & 2 FB end unit under $200K. Identical units with upgrades sell for $210K - $215K! New carpet, flooring & paint. Not fully updated, but in Great condition. Condo fee includes all utilities & all the amenities the community has to offer including golf, pools, etc. Reserved covered parking space & elevator.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Elevator, Primary Bath(s), Window Treatments, Wet/Dry Bar, Flat, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1415
  • Living Area Sq Ft: 1415
  • Price Per Sq Ft: 123.60
  • Above Grade Finished Sq Ft: 1415
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3500

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 11
  • Garage Features: Covered Parking
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Smoke Detector, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 715.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Art Studio, Bar/Lounge, Billiard Room, Club House, Common Grounds, Community Center, Elevator, Exercise Room, Fitness Center, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Library, Meeting Room, Party Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Putting Green, Retirement Community, Reserved/Assigned Parking, Recreational Center, Security, Tennis Courts, Transportation Service, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Custodial Services Maintenance, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Security Gate
  • HOA Condo Co-Op Rules: Adult Living Community
  • 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: 112000.00
  • Land Assessed Value: 48000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052050
  • Tax Annual Amount: 1732.05
  • Assessor Parcel Number: 161301750106
  • Tax Total Finished Sq Ft: 1415
  • Tax Year: 2017
  • Close Date: 09/01/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 30, 2017
Sold by
Lutz Millicent E and Nolf Jacquelyn Louise
Bought by
Gibbons Mary J
Seller's Agent
Dale Rickenbach
Cummings & Co. Realtors
Buyer's Agent
Drew Gibbons
Remax Realty Services
List Price
$179,999
Sold Price
$160,000
Premium/Discount to List
-$19,999
-11.11%
Total Days on Market
64
Current Estimated Value
$268,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,530
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Jan 5, 2001
Sold by
Somervell Arthur
Bought by
Lutz Millicent E

Range of Values:

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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
Gibbons Mary J $160,000 Paragon Title & Escrow Co
Lutz Millicent E $185,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $160,000 -8.5% $113 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
07/26/2017 07/26/17 Price Changed $174,900 -2.8% $124 / Sq Ft
06/14/2017 06/14/17 For Sale $179,999 -- $127 / 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 $2,709 $230,000 $69,000 $161,000
2023 $57 $208,333 $0 $0
2022 $1,505 $186,667 $0 $0
2021 $104 $165,000 $49,500 $115,500
2020 $331 $163,333 $0 $0
2019 $1,139 $161,667 $0 $0
2018 $1,123 $160,000 $48,000 $112,000
2017 $1,040 $153,333 $0 $0
2016 -- $146,667 $0 $0
2015 $1,075 $140,000 $0 $0
2014 $1,075 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dale Rickenbach

    Seller's Agent in 2017

    Dale Rickenbach

    Cummings & Co. Realtors

    (301) 332-9415

    2 in this area

    48 Total Sales

    Dale Rickenbach
    Section Image
  • Ashley Fitzgerald

    Seller Co-Listing Agent in 2017

    Ashley Fitzgerald

    Weichert Corporate

    (202) 487-6512

    1 in this area

    24 Total Sales

    Ashley Fitzgerald
    Section Image
  • Drew Gibbons

    Buyer's Agent in 2017

    Drew Gibbons

    RE/MAX

    (301) 538-0477

    20 Total Sales

    Drew Gibbons
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002541801

Bright MLS

APN: 13-01750106

Maryland Montgomery County Silver Spring 20906

3500 Forest Edge Dr Unit 152A, Silver Spring, MD

Homes for Sale in Silver Spring, MD

This home is located at 3500 Forest Edge Dr Unit 152A, Silver Spring, MD 20906 since 14 June 2017 and is currently estimated at $268,530, approximately $189 per square foot. This property was built in 1977. 3500 Forest Edge Dr Unit 152A is a home located in Montgomery County with nearby schools including Flower Valley Elementary School, Earle B. Wood Middle School, and Rockville High School.

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