NOT LISTED FOR SALE

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

Estimated Value: $266,000 - $276,000

3 Beds
2 Baths
1,415 Sq Ft
$834/mo HOA Fee

Last Sold March 01, 2022

Last sale price $250,000 $177 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,311/month

5 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Traditional Architecture
  • Senior Living
  • Clubhouse
  • Community Indoor Pool

About This Home

As of March 2022

SPACIOUS THIRD FLOOR (CAPRI MODEL) CORNER UNIT WITH 3 BEDROOMS AND 2 FULL BATHS. 1415 INTERIOR SQUARE FEET - LARGE! GORGEOUS KITCHEN, REMODELED WITH SLEEK BLACK AND STAINLESS STEEL APPLIANCES - SPECTACULAR. BALCONY WITH AMPLE ROOM AND 2 SEPARATE SLIDING GLASS DOOR ENTRANCES. NEW FLOORING, WALL-TO-WALL CARPETING AND MUCH MORE! COVERED & SEPARATE CARPORT PARKING PLUS VISITOR PARKING. 55+ AGE REQUIREMENT RETIREMENT COMMUNITY OFFERING NUMEROUS AMENITIES. GOLF MEMBERSHIP AVAILABLE, ON SITE RESTAURANTS, SWIMMING POOLS, WALKING TRAILS, CLUBHOUSES ....THE LIST GOES ON. WONDERFUL COMMUNITY WITH CONDO FEE COVERING ALL UTILITIES!

Last Agent to Sell the Property

Colleen Corbey

Weichert, REALTORS Listed on: 01/28/2022

Weichert, REALTORS

Last Buyer's Agent

Leo Baboci

Weichert, REALTORS

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1977

Lot Details

  • 3,006

HOA Fees

  • $834 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,415 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Detached Carport Space

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 161301750083

Community Details

Overview

  • Senior Living
  • Association fees include air conditioning, cable TV, common area maintenance, electricity, exterior building maintenance, health club, heat, insurance, laundry, lawn maintenance, management, 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 Condos
  • Rossmoor Mutual #14 Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Community Dining Room
  • Community Storage Space

Recreation

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

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,257

Year Built

Built in 1977

Lot Details

0

HOA Fees

$834 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Remarks Public: SPACIOUS THIRD FLOOR (CAPRI MODEL) CORNER UNIT WITH 3 BEDROOMS AND 2 FULL BATHS. 1415 INTERIOR SQUARE FEET - LARGE! GORGEOUS KITCHEN, REMODELED WITH SLEEK BLACK AND STAINLESS STEEL APPLIANCES - SPECTACULAR. BALCONY WITH AMPLE ROOM AND 2 SEPARATE SLIDING GLASS DOOR ENTRANCES. NEW FLOORING, WALL-TO-WALL CARPETING AND MUCH MORE! COVERED & SEPARATE CARPORT PARKING PLUS VISITOR PARKING. 55+ AGE REQUIREMENT RETIREMENT COMMUNITY OFFERING NUMEROUS AMENITIES. GOLF MEMBERSHIP AVAILABLE, ON SITE RESTAURANTS, SWIMMING POOLS, WALKING TRAILS, CLUBHOUSES ....THE LIST GOES ON. WONDERFUL COMMUNITY WITH CONDO FEE COVERING ALL UTILITIES!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1415
  • Living Area Sq Ft: 1415
  • Price Per Sq Ft: 176.68
  • Above Grade Finished Sq Ft: 1415
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3501

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: 17.29
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 834.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Rossmoor Mutual 14
  • HOA Condo Co-Op Amenities: Cable, Club House, Common Grounds, Community Center, Dining Rooms, Elevator, Extra Storage, Fitness Center, Gated Community, Golf Course Membership Available, Picnic Area, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Retirement Community, Security, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Health Club, Heat, Insurance, Laundry, Lawn Maintenance, Management, Recreation Facility, Reserve Funds, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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: 140000.00
  • Land Assessed Value: 60000.00
  • Land Use Code: U
  • Year Assessed: 2021
  • Zoning: PRC
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14052049
  • Tax Annual Amount: 2257.00
  • Assessor Parcel Number: 161301750083
  • Tax Total Finished Sq Ft: 1415
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/01/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 1, 2022
Sold by
Jones Stanley C
Bought by
Shyab Charles and Shyab Jocelyn B
Seller's Agent
Colleen Corbey
Weichert, REALTORS
Buyer's Agent
Leo Baboci
Weichert, REALTORS
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$268,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,861
Avg. Annual Appreciation
2.26%
Original Mortgage
$200,000
Outstanding Balance
$165,731
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$104,330

Purchase Details

Listed on
Aug 3, 2015
Closed on
Aug 31, 2015
Sold by
Wright Rollin Michelle
Bought by
Jarboe George
Seller's Agent
Sharon Ricks
Weichert, REALTORS
Buyer's Agent
Christine Sherrod
Weichert, REALTORS
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Dec 29, 1993
Sold by
Frankhouser Est
Bought by
Yaden James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Shyab Charles $250,000 None Listed On Document
Jarboe George $170,000 Attorney
Yaden James E $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shyab Charles $200,000
Previous Owner Yaden James E $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $250,000 0.0% $177 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $250,000 +28.2% $177 / Sq Ft
03/10/2017 03/10/17 Sold $195,000 -2.5% $138 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $199,900 0.0% $141 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
12/06/2016 12/06/16 Price Changed $199,900 -2.5% $141 / Sq Ft
11/18/2016 11/18/16 For Sale $205,000 +20.6% $145 / Sq Ft
08/31/2015 08/31/15 Sold $170,000 +0.6% $120 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $169,000 -- $119 / 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 $61 $230,000 $69,000 $161,000
2023 $57 $220,000 $0 $0
2022 $54 $210,000 $0 $0
2021 $1,565 $200,000 $60,000 $140,000
2020 $1,416 $186,667 $0 $0
2019 $1,267 $173,333 $0 $0
2018 $1,123 $160,000 $48,000 $112,000
2017 $1,040 $153,333 $0 $0
2016 -- $146,667 $0 $0
2015 $1,105 $140,000 $0 $0
2014 $1,105 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2034160

Bright MLS

APN: 13-01750083