NOT LISTED FOR SALE

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

Estimated Value: $177,000 - $216,000

2 Beds
2 Baths
1,157 Sq Ft
$715/mo HOA Fee

Last Sold February 17, 2017

Last sale price $114,900 $99 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,934/month

136 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Clubhouse
  • Private Pool
  • Gated Community
  • Traditional Floor Plan

About This Home

As of February 2017

Huge price reduced!!! Beautifully done two bedroom and two bath with huge living/ dining/ wet bar, large kitchen, rap around balcony, fresh paint, new carpet, counter tops, toilet and more in Adult 55 and up community offers swimming pools, golf course, grocery store, theater, art and craft, tailor shop, metro, shuttle buses and more... Fannie Mae homepath property. submit offers on homepath

Last Agent to Sell the Property

Mina Sultani

(571) 331-5909 minasultani@gmail.com Coldwell Banker Realty Listed on: 08/06/2016

Coldwell Banker Realty

Last Buyer's Agent

Cathryn Zucker

(301) 681-0550 cathrynzucker@outlook.com Weichert, REALTORS

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,043

Year Built

  • Built in 1977

Lot Details

  • 2,657

HOA Fees

  • $715 Monthly HOA Fees

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,157 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
  • Entry Slope Less Than 1 Foot

Pool

  • Private Pool

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301750015

Community Details

Overview

  • Active Adult
  • Moving Fees Required
  • Association fees include air conditioning, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, gas, heat, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, parking fee, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, taxes, trash, underlying mortgage, water, security gate
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Rossmoor Mutual #14/ Leisure W Community
  • Rossmoor Mutual #14 Subdivision
  • The community has rules related to parking rules

Amenities

  • Gift Shop
  • Bank or Banking On-Site
  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Indoor Pool

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,043

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: Georgian
  • Accessibility Features: Elevator, Entry Slope <1'
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Special Features: 5120
  • 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: 1157
  • Living Area Sq Ft: 1157
  • Price Per Sq Ft: 99.31
  • 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
  • Construction Materials: Brick
  • Pool Private: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • 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: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 715.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Club House, Community Center, Elevator, Gated Community, Gift Shop, Golf Course, Pool - Outdoor, Pool - Indoor, Reserved/Assigned Parking, Swimming Pool, Tennis Courts, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Taxes, Trash, Underlying Mortgage, Water, Security Gate
  • HOA Condo Co-Op Rules: Adult Living Community, Elevator Use, Moving Fees Required, Parking
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Community Pool Features: Indoor

Schools

  • Elementary School: FLOWER VALLEY
  • High School: ROCKVILLE
  • Middle Or Junior School: EARLE B. WOOD

Lot Info

  • Property Attached Yn: Yes
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1043.15
  • Assessor Parcel Number: 161301750015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2016
Closed on
Feb 17, 2017
Sold by
Fannie Mae
Bought by
Holmes Annie R
Seller's Agent
Mina Sultani
Coldwell Banker Realty
Buyer's Agent
Cathryn Zucker
Weichert, REALTORS
List Price
$169,900
Sold Price
$114,900
Premium/Discount to List
-$55,000
-32.37%
Current Estimated Value
$199,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,699
Avg. Annual Appreciation
6.42%
Original Mortgage
$80,430
Outstanding Balance
$66,091
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$133,508

Purchase Details

Closed on
Apr 13, 2016
Sold by
Dosch Nancy C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 7, 2006
Sold by
Dudley Richard W
Bought by
Dosch Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2006
Sold by
Dudley Richard W
Bought by
Dosch Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Holmes Annie R $114,900 None Available
Federal National Mortgage Association $101,000 None Available
Dosch Nancy C $230,000 --
Dosch Nancy C $230,000 --
Dosch Nancy C $230,000 --
Dosch Nancy C $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Annie R $80,430
Previous Owner Dosch Nancy C $184,000
Previous Owner Dosch Nancy C $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $114,900 0.0% $99 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
12/13/2016 12/13/16 Price Changed $114,900 -8.0% $99 / Sq Ft
11/20/2016 11/20/16 Price Changed $124,900 -10.7% $108 / Sq Ft
10/12/2016 10/12/16 Price Changed $139,900 -6.7% $121 / Sq Ft
09/08/2016 09/08/16 Price Changed $149,900 -11.8% $130 / Sq Ft
08/06/2016 08/06/16 For Sale $169,900 -- $147 / 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 $1,107 $158,333 $0 $0
2022 $1,142 $141,667 $0 $0
2021 $738 $125,000 $37,500 $87,500
2020 $2,897 $121,667 $0 $0
2019 $532 $118,333 $0 $0
2018 $2,977 $115,000 $34,500 $80,500
2017 $238 $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: 1002450985

Bright MLS

APN: 13-01750015