NOT LISTED FOR SALE

3501 Forest Edge Dr Unit 3B Silver Spring, MD 20906

Estimated Value: $204,000 - $221,000

2 Beds
2 Baths
1,157 Sq Ft
$642/mo HOA Fee

Last Sold August 01, 2014

Last sale price $124,900 $108 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,990/month

10 Days on Market

Highlights

  • Golf Club
  • Gated Community
  • Traditional Architecture
  • Senior Community
  • Traditional Floor Plan
  • Community Indoor Pool

About This Home

As of August 2014

Shows nicely!! Freddie Mac First Look Program. Owner Occupant offers considered after 3 days from listing date. Both OO and Investor offers considered after day 20. Seller is exempt from Transfer and Recordation taxes and Buyer to pay all. Sold As-is.

Last Agent to Sell the Property

Nick Carras

RE/MAX Results Listed on: 06/25/2014

RE/MAX Results

Last Buyer's Agent

Maria Cruz

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1977

Lot Details

  • Property is in very good condition

HOA Fees

  • $642 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space

Utilities

  • Forced Air Heating and Cooling System
  • Dehumidifier
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301749938

Community Details

Overview

  • Senior Community
  • Association fees include air conditioning, cable TV, common area maintenance, exterior building maintenance, management, insurance, reserve funds, sewer, snow removal, trash, water, alarm system
  • Low-Rise Condominium
  • Rossmoor Mutual #14 Community
  • Rossmoor Mutual #14 Subdivision

Amenities

  • Common Area
  • Elevator

Recreation

  • Golf Club
  • Golf Course Membership Available
  • Tennis Courts
  • Community Indoor Pool
  • Pool Membership Available
  • Putting Green

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,063

Year Built

Built in 1977

Lot Details

0

HOA Fees

$642 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1977
  • Remarks Public: Shows nicely!! Freddie Mac First Look Program. Owner Occupant offers considered after 3 days from listing date. Both OO and Investor offers considered after day 20. Seller is exempt from Transfer and Recordation taxes and Buyer to pay all. Sold As-is.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Exhaust Fan, Oven - Self Cleaning, Refrigerator
  • Interior Amenities: Dining Area, Elevator, Primary Bath(s), 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: 107.95
  • 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
  • Construction Materials: Brick, Combination
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Garage Features: Covered Parking
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Dehumidifier
  • 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: 642.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Gated Community, Golf Club, Golf Course Membership Available, Pool Mem Avail, Pool - Indoor, Pool - Outdoor, Putting Green, Retirement Community, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water, Alarm System
  • HOA: No
  • Community Pool Features: Indoor

Lot Info

  • Improvement Assessed Value: 63000.00
  • Land Assessed Value: 27000.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052034
  • Tax Annual Amount: 1063.42
  • Assessor Parcel Number: 161301749938
  • Tax Total Finished Sq Ft: 1157
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 08/01/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jul 10, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wong Jenny
Seller's Agent
Nick Carras
RE/MAX Results
Buyer's Agent
Maria Cruz
Long & Foster Real Estate, Inc.
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$214,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,703
Avg. Annual Appreciation
5.19%

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jun 3, 2014
Sold by
Swanson John
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Nick Carras
RE/MAX Results
Buyer's Agent
Maria Cruz
Long & Foster Real Estate, Inc.
List Price
$124,900
Sold Price
$124,900

Purchase Details

Closed on
Dec 6, 2001
Sold by
Tortora Anna S
Bought by
Swanson John

Purchase Details

Closed on
Oct 6, 2001
Sold by
Tortora Anna S
Bought by
Swanson John
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
Wong Jenny $124,900 Servicelink Llc
Federal Home Loan Mortgage Corporation $98,167 None Available
Swanson John $129,000 --
Swanson John $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swanson John $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $124,900 0.0% $108 / Sq Ft
07/05/2014 07/05/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $124,900 -- $108 / 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 $1,107 $158,333 $0 $0
2022 $1,142 $141,667 $0 $0
2021 $738 $125,000 $37,500 $87,500
2020 $699 $121,667 $0 $0
2019 $1,010 $118,333 $0 $0
2018 $626 $115,000 $34,500 $80,500
2017 $1,260 $106,667 $0 $0
2016 -- $98,333 $0 $0
2015 $1,124 $90,000 $0 $0
2014 $1,124 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Carras

    Seller's Agent in 2014

    Nick Carras

    RE/MAX

    (301) 606-4008

    50 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Maria Cruz

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003076682

Bright MLS

APN: 13-01749938

Maryland Montgomery County Silver Spring 20906

3501 Forest Edge Dr Unit 3B, Silver Spring, MD

This home is located at 3501 Forest Edge Dr Unit 3B, Silver Spring, MD 20906 since 25 June 2014 and is currently estimated at $213,054, approximately $184 per square foot. This property was built in 1977. 3501 Forest Edge Dr Unit 3B is a home located in Montgomery County with nearby schools including Flower Valley Elementary School, Earle B. Wood Middle School, and Rockville High School.

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