NOT LISTED FOR SALE

3501 Forest Edge Dr Unit 142B Silver Spring, MD 20906

Estimated Value: $213,032 - $230,000

2 Beds
2 Baths
1,157 Sq Ft
$703/mo HOA Fee

Last Sold February 19, 2021

Last sale price $183,000 $158 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,078/month

84 Days on Market

Highlights

  • Golf Course Community
  • Senior Living
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Community Pool

About This Home

As of February 2021

Relax On Your Own Private Balcony With Serene Views Of The Woods. Freshly Painted Through Out. New Carpet In Both Bedrooms. Pergo Floors In Living Room And Dining Room. New Bathroom, Vanity, Toilet And Floors. New Mirror Doors In Dining Room Wet Bar. Your Own Covered Parking Carport Assigned Number Plus Extra Storage #8. For Your Convenience, You Have An Elevator As Well As Stairs. Secure Gated Community For Seniors 55+ Community Living, Including Club Houses, Restaurants, Swimming Pools, Tennis, Golf Club. You Can Join Any Club Or You Can Make Up Your Own. Senior Living At It's Finest. Due to The Covid-19 Pandemic, Please wear a mask before entering the property.

Last Agent to Sell the Property

Nina Davis

Weichert, REALTORS License #586072 Listed on: 10/12/2020

Weichert, REALTORS

Last Buyer's Agent

Paul Carignan

Weichert, REALTORS License #652427

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1977

Lot Details

  • 2,657

HOA Fees

  • $703 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

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

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161301749927

Community Details

Overview

  • Senior Living
  • Association fees include air conditioning, bus service, cable TV, common area maintenance, electricity, exterior building maintenance, heat, high speed internet, insurance, lawn maintenance, management, parking fee, pool(s), recreation facility, reserve funds, security gate, sewer, snow removal, trash, water
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Rossmoor Mutual #14 Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room
  • Community Dining Room
  • Community Storage Space

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Jogging Path

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,352

Year Built

Built in 1977

Lot Details

0

HOA Fees

$703 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-15
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Remarks Public: Relax On Your Own Private Balcony With Serene Views Of The Woods. Freshly Painted Through Out. New Carpet In Both Bedrooms. Pergo Floors In Living Room And Dining Room. New Bathroom, Vanity, Toilet And Floors. New Mirror Doors In Dining Room Wet Bar. Your Own Covered Parking Carport Assigned Number Plus Extra Storage #8. For Your Convenience, You Have An Elevator As Well As Stairs. Secure Gated Community For Seniors 55+ Community Living, Including Club Houses, Restaurants, Swimming Pools, Tennis, Golf Club. You Can Join Any Club Or You Can Make Up Your Own. Senior Living At It's Finest. Due to The Covid-19 Pandemic, Please wear a mask before entering the property.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1157
  • Living Area Sq Ft: 1157
  • Price Per Sq Ft: 159.03
  • Above Grade Finished Sq Ft: 1157
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3501

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

  • Carport Spaces: 1
  • Garage: No
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: 703.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Cable, Common Grounds, Dining Rooms, Elevator, Extra Storage, Fitness Center, Gated Community, Golf Course, Jog/Walk Path, Meeting Room, Pool - Outdoor, Reserved/Assigned Parking, Retirement Community, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Bus Service, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Heat, High Speed Internet, Insurance, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 80500.00
  • Land Assessed Value: 34500.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052033
  • Tax Annual Amount: 1352.00
  • Assessor Parcel Number: 161301749927
  • Tax Total Finished Sq Ft: 1157
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/19/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Feb 19, 2021
Sold by
Enkiri Nino F and Enkiri John F
Bought by
Bowen Pauline
Seller's Agent
Nina Davis
Weichert, REALTORS
Buyer's Agent
Paul Carignan
Weichert, REALTORS
List Price
$194,500
Sold Price
$183,000
Premium/Discount to List
-$11,500
-5.91%
Current Estimated Value
$219,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,596
Avg. Annual Appreciation
4.58%
Original Mortgage
$146,400
Outstanding Balance
$132,922
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$90,589

Purchase Details

Closed on
Dec 7, 2018
Sold by
Morcos Anthony J
Bought by
Morcos Anthony J and Enkiri Nino F

Purchase Details

Closed on
Nov 19, 2014
Sold by
Morcos Anthony and Morcos Yvette H
Bought by
Morcos Anthony and Morcos Yvette H

Purchase Details

Closed on
Apr 13, 2009
Sold by
Hurley Eileen D
Bought by
Morcos Anthony
Source: Public Records

Range of Values:

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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
Bowen Pauline $183,000 Classic Settlements Inc
Morcos Anthony J -- None Available
Morcos Anthony -- None Available
Morcos Anthony $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Pauline $146,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $183,000 -0.5% $158 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/10/2020 12/10/20 Price Changed $183,999 -2.9% $159 / Sq Ft
12/01/2020 12/01/20 Price Changed $189,500 -2.6% $164 / Sq Ft
10/12/2020 10/12/20 For Sale $194,500 -- $168 / 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 $2,076 $175,000 $52,500 $122,500
2023 $1,881 $158,333 $0 $0
2022 $1,618 $141,667 $0 $0
2021 $1,430 $125,000 $37,500 $87,500
2020 $0 $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 $432 $98,333 $0 $0
2015 $432 $90,000 $0 $0
2014 $432 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC728744

Bright MLS

APN: 13-01749927