$105,000
SOLD SEP 15, 2023

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

1 Bed
1.5 Baths
946 Sq Ft
$834/mo HOA Fee

Recently Sold

$111 Per Sq Ft

19% Below List Price

16 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Senior Living
  • Fitness Center
  • Transportation Service
  • View of Trees or Woods

About This Home

As of January 2024

Great Potential for your buyer. Spacious living area. One Bedroom 1.5 bath unit with lots of light. Sunlite unit. Lovely Southern Exposure from living room and balcony. Full size washer/dryer. Wall of closets in the bedroom. . Lots of opportunity to redesign and make your own. Carport space conveys. Being sold "as is".
Release Has been Signed .

Last Agent to Sell the Property

Marilyn Greggs

Weichert, REALTORS Listed on: 08/10/2023

Weichert, REALTORS

Last Buyer's Agent

Manuela Thoms

Weichert, REALTORS License #SP98365350

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1977

Lot Details

  • Open Space
  • Backs To Open Common Area
  • Two or More Common Walls
  • Landscaped
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is in below average condition

HOA Fees

  • $834 Monthly HOA Fees

Property Views

  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 946 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Window Screens
  • Sliding Doors
  • Dining Area
  • Carpet
  • Flood Lights

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Assigned parking located at #2F
  • 1 Detached Carport Space
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Unassigned Parking

Outdoor Features

  • Lake Privileges
  • Balcony
  • Brick Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161301750254

Community Details

Overview

  • Senior Living
  • Association fees include all ground fee, cable TV, common area maintenance, electricity, exterior building maintenance, high speed internet, insurance, reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
  • 21 Units
  • Senior Community | Residents must be 55 or older
  • Leisure World Of Maryland HOA
  • Low-Rise Condominium
  • Mutual 14 Condos
  • Built by Forest Glade
  • Leisure World Subdivision, Cordoba Villa Floorplan
  • Property Manager

Amenities

  • Transportation Service
  • Newspaper Service
  • Picnic Area
  • Common Area
  • Bank or Banking On-Site
  • Billiard Room
  • 1 Elevator
  • Community Storage Space

Recreation

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

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security
  • Fenced around community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,176

Year Built

Built in 1977

Lot Details

0

HOA Fees

$834 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1977
  • Assigned Parking Space Numbers: 2F
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet
  • Interior Amenities: Built-Ins, Carpet, Dining Area, Floor Plan - Traditional
  • Window Features: Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 946
  • Living Area Sq Ft: 946
  • Price Per Sq Ft: 136.36
  • 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, Below Grade
  • Construction Materials: Brick, Combination, Concrete, Mixed
  • Exterior Features: Exterior Lighting, Flood Lights, Sidewalks, Street Lights, Tennis Court(s)
  • Road Surface Type: Black Top
  • Spa: No
  • View: Garden/Lawn, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Parking Space Conveys, Paved Parking, Unassigned
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Carport, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Under Ground
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 834.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mutual 14
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Billiard Room, Cable, Common Grounds, Elevator, Extra Storage, Fitness Center, Fencing, Golf Course Membership Available, Golf Course, Jog/Walk Path, Newspaper Service, Picnic Area, Pool - Outdoor, Pool Mem Avail, Putting Green, Reserved/Assigned Parking, Security, Tennis Courts, Transportation Service, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, High Speed Internet, Insurance, Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA Name: LEISURE WORLD OF MARYLAND
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: U
  • Lot Features: Adjoins - Open Space, Backs - Open Common Area, Backs To Trees, Cleared, Landscaping, Level
  • Outdoor Living Structures: Balcony, Brick
  • Property Condition: Below Average
  • Year Assessed: 2023
  • Zoning: PRC
  • In City Limits: No

Building Info

  • Builder Name: Forest Glade

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1176.00
  • Assessor Parcel Number: 161301750254
  • Tax Total Finished Sq Ft: 946
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/15/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Moy Wellington
Bought by
Wellington Hamm Moy Trust and Moy
Current Estimated Value
$192,174

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jan 12, 2024
Sold by
Jmc Investment Group Llc
Bought by
Moy Wellington
Seller's Agent
Manuela Thoms
Weichert, REALTORS
Buyer's Agent
Eddie Moy
Demers Real Estate, Inc.
List Price
$187,900
Sold Price
$185,000
Premium/Discount to List
-$2,900
-1.54%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%
Original Mortgage
$185,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 15, 2023
Sold by
Krams Haesun J
Bought by
Jmc Investment Group Llc
Seller's Agent
Marilyn Greggs
Weichert, REALTORS
Buyer's Agent
Manuela Thoms
Weichert, REALTORS
List Price
$129,000
Sold Price
$105,000
Premium/Discount to List
-$24,000
-18.6%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
456.42%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Offutt Ethel C
Bought by
Krams Ronald F and J H
Source: Public Records

Similar Homes in Silver Spring, MD

  • 8830 Piney Branch Rd Unit 704, Silver Spring, MD 20903

    $104,900

    • 2 Beds
    • 2 Baths
    • 1,054 Sq Ft
    • 8830 Piney Branch Rd
    • Unit 704
    • Silver Spring, MD

    Your Home Search Stops Here!Welcome to this sun-drenched 7th-floor condo offering 2 spacious bedrooms, 2 full bathrooms, and a private balcony—perfect for morning coffee or evening relaxation.Enjoy a bright and open layout featuring a combined living and dining area, a modern kitchen with breakfast bar, and hardwood floors throughout. The balcony extends from the main living space,

    Mr. Dag Alemayehu Samson Properties

    Section Image
  • 8830 Piney Branch Rd Unit 1210, Silver Spring, MD 20903

    $105,000

    • 1 Bed
    • 1 Bath
    • 825 Sq Ft
    • 8830 Piney Branch Rd
    • Unit 1210
    • Silver Spring, MD

    Because this condo is not FHA-approved, this apartment/condo will not qualify for standard financing. Consequently, buying this apartment/condo requires a CASH or private lender loans purchase. Proof of funds must accompany all offers. Totally Updated, New laminate flooring, new kitchen Cabinets, new kitchen appliances, New HVAC convectors and Thermostats, New water supply cut-off valves, Fresh

    Lawrence Lessin Save 6, Incorporated

    Section Image
  • 8830 Piney Branch Rd Unit 106, Silver Spring, MD 20903

    $98,000

    • 1 Bed
    • 1 Bath
    • 810 Sq Ft
    • 8830 Piney Branch Rd
    • Unit 106
    • Silver Spring, MD

    Charming 1-bedroom condo with an additional den, perfect for comfortable living or as an investment opportunity. Please note, this condo is not FHA-approved and requires a CASH or Hard Money purchase. Proof of funds must accompany all offers. The monthly condo fee conveniently includes all utilities—water, gas, and electricity. Don't miss out on this great opportunity!

    Carlos Fuentes Samson Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed $185,000 First American Title
Deed $105,000 Fidelity National Title
Deed $84,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $185,000 -1.5% $196 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $187,900 +79.0% $199 / Sq Ft
09/15/2023 09/15/23 Sold $105,000 -18.6% $111 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $129,000 -- $136 / 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 $61 $105,000 $31,500 $73,500
2023 $555 $103,333 $0 $0
2022 $819 $101,667 $0 $0
2021 $969 $100,000 $30,000 $70,000
2020 $0 $91,667 $0 $0
2019 $266 $83,333 $0 $0
2018 $2,259 $75,000 $22,500 $52,500
2017 $847 $70,000 $0 $0
2016 -- $65,000 $0 $0
2015 $325 $60,000 $0 $0
2014 $325 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2103520

Bright MLS

APN: 13-01750254