NOT LISTED FOR SALE

3500 Forest Edge Dr Unit 2C Silver Spring, MD 20906

Estimated Value: $196,000 - $242,000

2 Beds
2 Baths
1,273 Sq Ft
$677/mo HOA Fee

Last Sold June 25, 2015

Last sale price $122,000 $96 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,060/month

60 Days on Market

Highlights

  • Golf Club
  • Fitness Center
  • Senior Living
  • Bar or Lounge
  • Newspaper Service
  • Gated Community

About This Home

As of June 2015

FANTASTIC 2 BEDROOM 2 BATH CONDO WITH ENCLOSED BALCONY AND CARPORT !! lOCATED IN THIS SENIOR COMMUNITY WITH ON SITE BUS SERVICE TO METR0 .THE INTEROR HAS NEW CAPRETING AND REMODELED BATHS.WITH WALK IN TUB. WET BAR IN LIVING ROOM AND UPDATED KITCHEN WIHT MICROWAVE. ALL UTILITIES ARE INCLUDED IN CONDO FEE

Last Listed By

John Radcliffe

Weichert, REALTORS Listed on: 03/27/2015

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1977

Lot Details

  • 2,875

HOA Fees

  • $677 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,273 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Detached Carport Space
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301750163

Community Details

Overview

  • Senior Living
  • Moving Fees Required
  • Association fees include air conditioning, cable TV, electricity, heat, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, trash, snow removal, sewer, water
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Leisure World Community
  • Rossmoor Mutual #14 Subdivision
  • The community has rules related to antenna installations, commercial vehicles not allowed, moving in times
  • Community Lake

Amenities

  • Newspaper Service
  • Picnic Area
  • Common Area
  • Bank or Banking On-Site
  • Clubhouse
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Art Studio
  • Community Library
  • Recreation Room
  • Bar or Lounge

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,164

Year Built

Built in 1977

Lot Details

0

HOA Fees

$677 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: FANTASTIC 2 BEDROOM 2 BATH CONDO WITH ENCLOSED BALCONY AND CARPORT !! lOCATED IN THIS SENIOR COMMUNITY WITH ON SITE BUS SERVICE TO METR0 .THE INTEROR HAS NEW CAPRETING AND REMODELED BATHS.WITH WALK IN TUB. WET BAR IN LIVING ROOM AND UPDATED KITCHEN WIHT MICROWAVE. ALL UTILITIES ARE INCLUDED IN CONDO FEE
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1273
  • Living Area Sq Ft: 1273
  • Price Per Sq Ft: 102.12
  • Above Grade Finished Sq Ft: 1273
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3500

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
  • 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

  • Carport Spaces: 1
  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • 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
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Central
  • 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: 677.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Art Studio, Bank / Banking On-Site, 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, Lake, Library, Meeting Room, Newspaper Service, Party Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Retirement Community, Security, Shuffleboard, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Electricity, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Trash, Snow Removal, Sewer, Water
  • HOA Condo Co-Op Rules: Antenna, Commercial Vehicles Prohibited, Moving Fees Required, Moving In Times, Pets - Allowed, Pets - Size Restrict
  • HOA: No
  • 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: 70000.00
  • Land Assessed Value: 30000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052056
  • Tax Annual Amount: 1163.74
  • Assessor Parcel Number: 161301750163
  • Tax Total Finished Sq Ft: 1273
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/25/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Jun 30, 2015
Sold by
Schroeder Langley Carol
Bought by
Brown Malvina
Seller's Agent
John Radcliffe
Weichert, REALTORS
Buyer's Agent
Christine Sherrod
Weichert, REALTORS
List Price
$134,950
Sold Price
$122,000
Premium/Discount to List
-$12,950
-9.6%
Total Days on Market
60
Current Estimated Value
$217,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,365
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Mar 27, 2000
Sold by
Schroeder Kenneth F
Bought by
Schroeder Kenneth F Tr

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
Brown Malvina $122,000 Attorney
Schroeder Kenneth F Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Kenneth F $64,430
Previous Owner Schroeder Kenneth F $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $122,000 -6.2% $96 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/24/2015 04/24/15 Price Changed $129,999 -3.7% $102 / Sq Ft
03/27/2015 03/27/15 For Sale $134,950 -- $106 / 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 $2,133 $180,000 $54,000 $126,000
2023 $1,977 $166,667 $0 $0
2022 $1,236 $153,333 $0 $0
2021 $1,595 $140,000 $42,000 $98,000
2020 $1,445 $133,333 $0 $0
2019 $1,445 $126,667 $0 $0
2018 $1,326 $120,000 $36,000 $84,000
2017 $1,272 $113,333 $0 $0
2016 -- $106,667 $0 $0
2015 $325 $100,000 $0 $0
2014 $325 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002317647

Bright MLS

APN: 13-01750163