NOT LISTED FOR SALE

3500 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $206,297 - $242,000

2 Beds
2 Baths
1,157 Sq Ft
2,657 Sq Ft Lot

Last Sold February 04, 2022

Last sale price $205,000 $177 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,314/month

Highlights

  • Penthouse
  • Traditional Architecture
  • 1 Attached Carport Space
  • Active Adult
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Lovely Condo in 55 and older Gated Community of Leisure World. A very clean and well cared for Top Floor 2 bedroom with assigned carport space included. Furnished or unfurnished. Furnished add $200.00 to monthly rent. All utilities included in the monthly rent. Also included: Basic Cable, Internet and All of Leisure World

Last Agent to Rent the Property

Eve Marinik

(410) 514-5999 evemhomes@gmail.com Samson Properties Listed on: 02/22/2024

Samson Properties

Last Renter's Agent

Ellen Coleman

(301) 538-4049 ellencoleman@remax.net RE/MAX Realty Centre, Inc.

RE/MAX Realty Centre, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1977

Lot Details

  • 2,657

Home Design

  • Penthouse
  • Traditional Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,200
  • Tenant pays for hoa/condo/coop fee increase
  • Rent includes additional storage space, air conditioning, cable TV, common area maintenance, electricity, furnished, heat, hoa/condo fee, parking, sewer, snow removal, taxes, trash removal, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 2/29/24
  • Assessor Parcel Number 161301750141

Community Details

Overview

  • Active Adult
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Rossmoor Mutual #14 Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Date Available: 2024-02-29
  • Pets Allowed: No
  • Rent Includes: Additional Storage Space, Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Furnished, Heat, Hoa/Condo Fee, Parking, Sewer, Snow Removal, Taxes, Trash Removal, Water
  • Security Deposit: 2200.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Hoa/Condo/Coop Fee Increase
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1157
  • Living Area Sq Ft: 1157
  • Price Per Sq Ft: 1.90
  • Above Grade Finished Sq Ft: 1157
  • 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
  • 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, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: PRC

Tax Info

  • Assessor Parcel Number: 161301750141

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 4, 2022
Sold by
Ayda Sanver
Bought by
Cohen Stanley A
Seller's Agent
Arlisha Witcher
Weichert, REALTORS
Buyer's Agent
Sherry Felice
EXP Realty, LLC
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Current Estimated Value
$217,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,574
Avg. Annual Appreciation
1.56%

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 15, 2020
Sold by
Ayton Marie E
Bought by
Sanver Ayda
Seller's Agent
Peggy Magnanelli
RE/MAX Results
Buyer's Agent
David Engel
Redfin Corp
List Price
$185,000
Sold Price
$179,000
Premium/Discount to List
-$6,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$89,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cohen Stanley A $205,000 Ferguson John L
Sanver Ayda $179,000 Gemini Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanver Ayda $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2024 03/20/24 Rented $2,200 0.0% --
03/02/2024 03/02/24 Under Contract -- -- --
02/22/2024 02/22/24 For Rent $2,200 0.0% --
02/04/2022 02/04/22 Sold $205,000 +2.5% $177 / Sq Ft View Prior Sale
12/20/2021 12/20/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $200,000 +11.7% $173 / Sq Ft
10/15/2020 10/15/20 Sold $179,000 -3.2% $155 / Sq Ft View Prior Sale
08/27/2020 08/27/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $185,000 -- $160 / 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 $2,076 $181,667 -- --
2024 $2,076 $175,000 $52,500 $122,500
2023 $1,160 $158,333 $0 $0
2022 $926 $141,667 $0 $0
2021 $1,399 $125,000 $37,500 $87,500
2020 $1,391 $121,667 $0 $0
2019 $661 $118,333 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $484 $106,667 $0 $0
2016 -- $98,333 $0 $0
2015 $432 $90,000 $0 $0
2014 $432 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eve Marinik

    Landlord's Agent in 2024

    Eve Marinik

    Samson Properties

    (410) 514-5999

    95 in this area

    135 Total Sales

    Eve Marinik
    Section Image
  • Ellen Coleman

    Tenant's Agent in 2024

    Ellen Coleman

    RE/MAX

    (301) 538-4049

    23 in this area

    141 Total Sales

    Ellen Coleman
    Section Image
  • Arlisha Witcher

    Seller's Agent in 2022

    Arlisha Witcher

    Weichert Corporate

    (301) 366-8620

    1 in this area

    2 Total Sales

    Arlisha Witcher
    Section Image
  • Sherry Felice

    Buyer's Agent in 2022

    Sherry Felice

    EXP Realty, LLC

    (301) 980-6173

    22 in this area

    45 Total Sales

    Sherry Felice
    Section Image
  • Peggy Magnanelli

    Seller's Agent in 2020

    Peggy Magnanelli

    RE/MAX

    (240) 674-8585

    73 Total Sales

    Peggy Magnanelli
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2121262

Bright MLS

APN: 13-01750141

Maryland Montgomery County Silver Spring 20906

3500 Forest Edge Dr, Silver Spring, MD

Not Listed for Sale

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