NOT LISTED FOR SALE

3501 Forest Edge Dr Unit 2D Silver Spring, MD 20906

Estimated Value: $219,276 - $226,000

2 Beds
2 Baths
1,273 Sq Ft
$978/mo HOA Fee

Last Sold November 16, 2023

Last sale price $210,000 $165 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,380/month

17 Days on Market

Highlights

  • Golf Club
  • Fitness Center
  • Senior Living
  • Bar or Lounge
  • 24-Hour Security
  • Gated Community

About This Home

As of November 2023

Welcome to 3501 Forest Edge Drive in the lively 55+ community of Leisure World where you can enjoy resort-like living with all the amenities. Step inside and discover this Move-In-Ready, light and airy 2 bedroom, 2 full bath condominium in pristine condition, freshly painted and new plush carpet in tranquil neutral tones throughout. Experience the open concept living / dining room with a service bar complete with sink and a full width balcony. The second floor balcony has a large storage closet and spectacular views of the treelined golf course which is perfect for alfresco dining. The bright updated galley kitchen has an array of cabinets with a huge amount of storage and a bonus pantry. The spacious primary bedroom has its own en-suite bathroom with dressing room and a double sink vanity. Both bedrooms have an abundance of closet space and easy access to the the full size washer and dryer area. This property includes an assigned covered parking space with a secure large storage compartment. The monthly condos fees covers all utilities including internet and cable TV. Leisure Worlds beautifully cared for garden spaces offer miles of walking and bike paths to enjoy nature at it finest. Additional amenities include a golf course, indoor and outdoor swimming pools, a fitness center and a multitude of creative classes are available. The two club houses offer restaurants with outdoor dining available on the lanai having views of the pool and the golf course. Shopping abounds at Leisure World Plaza with a mix of outstanding retailers and restaurants to choose from all in walking distance. (Property Owner Is Also The Owner/Listing Agent)

Last Agent to Sell the Property

Radford Riggles

Coldwell Banker Realty - Washington License #663042 Listed on: 10/12/2023

Coldwell Banker Realty - Washington

Last Buyer's Agent

Sharron Owens

Berkshire Hathaway HomeServices PenFed Realty License #0225271273

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 1977

Lot Details

  • 2,875

HOA Fees

  • $978 Monthly HOA Fees

Property Views

  • Golf Course
  • Woods

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,273 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Built-In Features
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Assigned parking located at #2D
  • 1 Detached Carport Space
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161301749984

Community Details

Overview

  • Senior Living
  • Association fees include air conditioning, cable TV, common area maintenance, electricity, exterior building maintenance, heat, high speed internet, management, pool(s), security gate, snow removal, trash, sewer, water, lawn maintenance
  • $350 Other One-Time Fees
  • 21 Units
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Leisure World Subdivision, Riviera Floorplan

Amenities

  • Common Area
  • Clubhouse
  • Game Room
  • Art Studio
  • Community Library
  • Bar or Lounge
  • Community Storage Space

Recreation

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

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,977

Year Built

Built in 1977

Lot Details

0

HOA Fees

$978 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main, Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Assigned Parking Space Numbers: 2D
  • 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, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Engineered Wood
  • Interior Amenities: Kitchen - Galley, Combination Dining/Living, Pantry, Primary Bath(s), Wet/Dry Bar, Wood Floors, Tub Shower, Stall Shower, Carpet, Built-Ins, Flat
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1273
  • Living Area Sq Ft: 1273
  • Price Per Sq Ft: 168.81
  • Above Grade Finished Sq Ft: 1273
  • 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
  • Construction Materials: Frame, Brick Veneer
  • View: Golf Course, 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: Unassigned, Assigned, Parking Space Conveys
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • 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: 978.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Club House, Common Grounds, Elevator, Fitness Center, Golf Club, Golf Course Membership Available, Gated Community, Jog/Walk Path, Library, Pool - Outdoor, Pool - Indoor, Pool Mem Avail, Reserved/Assigned Parking, Retirement Community, Tennis Courts, Art Studio, Game Room, Golf Course, Storage Bin, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Heat, High Speed Internet, Management, Pool(s), Security Gate, Snow Removal, Trash, Sewer, Water, Lawn Maintenance
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Other Fees: 350.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 0.03

Schools

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

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Pets: Number Limit, Dogs Ok, Cats Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1977.00
  • Assessor Parcel Number: 161301749984
  • Tax Total Finished Sq Ft: 1273
  • Tax Year: 2023
  • Close Date: 11/16/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 16, 2023
Sold by
Riggles Radford
Bought by
Nieto Lucas Nely
Seller's Agent
Radford Riggles
Coldwell Banker Realty - Washington
Buyer's Agent
Sharron Owens
Berkshire Hathaway HomeServices PenFed Realty
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%
Views
82
Current Estimated Value
$223,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,561
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
Jan 30, 1995
Sold by
Killeri Eleanor F
Bought by
Sheets Stanley E
Source: Public Records

Range of Values:

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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
Nieto Lucas Nely $210,000 Results Title
Nieto Lucas Nely $210,000 Results Title
Sheets Stanley E $115,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $210,000 -2.3% $165 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $214,900 -- $169 / 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 $1,107 $166,667 $0 $0
2022 $1,236 $153,333 $0 $0
2021 $1,476 $140,000 $42,000 $98,000
2020 $663 $133,333 $0 $0
2019 $587 $126,667 $0 $0
2018 $516 $120,000 $36,000 $84,000
2017 $407 $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: MDMC2102908

Bright MLS

APN: 13-01749984