NOT LISTED FOR SALE

3501 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $211,000 - $221,000

2 Beds
2 Baths
1,157 Sq Ft
$934/mo HOA Fee

Last Sold December 14, 2023

Last sale price $199,000 $172 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,289/month

65 Days on Market

Highlights

  • Golf Club
  • Transportation Service
  • Gated Community
  • Fitness Center
  • Senior Living
  • View of Trees or Woods

About This Home

As of December 2023

Open house on Sunday, October 15th from 12 to 3pm. Rare ground level unit. No stairs from your car to Come in and take a look. New price improvement. Welcome to your new home In Leisure World. Enter a warm and welcoming unit with an updated light and bright white kitchen. Walk in level from the lobby and your own car port space is included. The kitchen has been updated with convenient added storage cabinets and drawers. The washer/dryer are full size/ side by side and the air handler was installed in 2018. Windows at both front and back of the unit bring in light and bring a feeling of space and openness. Updated luxury floors throughout. New Pedestal sink in Guest Bath. Owner's bath has a shower with sliding glass doors. Bedroom has an open concept dressing area with closet organizers and ceiling fan. The spacious living and dining area is great for entertaining and relaxing. The monthly Condo Fee covers all utilities including Xfinity cable TV and Internet. This unit on the ground floor allowing for easy access. The carport provides one covered parking space and there is ample parking around the building for additional vehicles. Two pets are allowed with no size restrictions. The community offers many activities including an 18-golf course, two swimming pools, a well-equipped fitness center, a theater, which offers plays, movies, music, and more. A billiard room, ceramics center, train club, coral group, fitness activities, dancing, tennis, pickle ball and many more clubs to choose from if you wish. There are two clubhouses for the residents to enjoy. Club House one has three restaurants and a sparkling ball room for gracious entertaining. Club House two hosts the fitness center, theater and indoor pool. There is a community bus service, and a semi-weekly community newspaper delivered to all buildings. A shopping center is conveniently located just outside the community entrance with a major food store, several restaurants and other shops and convenience stores to enjoy.

Last Agent to Sell the Property

Marilyn Greggs

Weichert, REALTORS Listed on: 09/18/2023

Weichert, REALTORS

Last Buyer's Agent

Erica O'Neill

RLAH @properties

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1977

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $934 Monthly HOA Fees

Property Views

  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Dining Area

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Front Loading Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Lighted Parking
  • Paved Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Utilities

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

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 161301750004

Community Details

Overview

  • Senior Living
  • $3 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, electricity, exterior building maintenance, high speed internet, heat, lawn maintenance, management, pest control, pool(s), road maintenance, reserve funds, security gate, sewer, snow removal, trash, water
  • 21 Units
  • Senior Community | Residents must be 55 or older
  • Leisure World Of Maryland HOA
  • Low-Rise Condominium
  • Mutual 14 Condos
  • Leisure World Subdivision

Amenities

  • Transportation Service
  • Newspaper Service
  • Picnic Area
  • Gift Shop
  • Bank or Banking On-Site
  • Billiard Room
  • Community Library
  • 1 Elevator
  • Community Storage Space

Recreation

  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Lap or Exercise Community Pool
  • Pool Membership Available
  • Putting Green
  • Jogging Path

Pet Policy

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

Security

  • Security Service
  • Fenced around community
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,618

Year Built

Built in 1977

Lot Details

0

HOA Fees

$934 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main, No Stairs
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1977
  • 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 - Electric, Dryer - Front Loading, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Concrete, Laminate Plank
  • Interior Amenities: Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Floor Plan - Open, Flat, Recessed Lighting, Tub Shower
  • Window Features: Screens, Sliding
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1157
  • Living Area Sq Ft: 1157
  • Price Per Sq Ft: 172.00
  • 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, Block, Combination, Mixed
  • Road Surface Type: Black Top
  • Spa: No
  • View: Garden/Lawn, Street, 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: Assigned, General Common Elements, Lighted Parking, Paved Parking
  • 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
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Under Ground
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 934.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mutual 14
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Billiard Room, Cable, Elevator, Extra Storage, Fencing, Fitness Center, Gated Community, Gift Shop, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Library, Newspaper Service, Picnic Area, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Putting Green, Reserved/Assigned Parking, Security, Swimming Pool, Tennis Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, High Speed Internet, Heat, Lawn Maintenance, Management, Pest Control, Pool(s), Road Maintenance, Reserve Funds, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA Name: LEISURE WORLD OF MARYLAND
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground, Indoor, Lap/Exercise

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Capital Contribution Fee: 3.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: U
  • Outdoor Living Structures: Enclosed, Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1618.00
  • Assessor Parcel Number: 161301750004
  • Tax Total Finished Sq Ft: 1157
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/14/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Dec 14, 2023
Sold by
Laurie Green Burdick Irrevocable Trust and Green Shannon
Bought by
Peppin Richard J
Seller's Agent
Marilyn Greggs
Weichert, REALTORS
Buyer's Agent
Erica O'Neill
RLAH @properties
List Price
$121,500
Sold Price
$199,000
Premium/Discount to List
$77,500
63.79%
Views
718
Current Estimated Value
$215,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,725
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Mar 30, 2014
Sold by
Burdick Laurie G
Bought by
Burdick Laurie Green

Purchase Details

Closed on
Apr 1, 2011
Sold by
Wadsworth Dorothy
Bought by
Burdick Laurie G

Purchase Details

Closed on
Dec 9, 2003
Sold by
Rome Steven J
Bought by
Wadsworth Dorothy
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
Peppin Richard J $199,000 None Listed On Document
Burdick Laurie Green -- Attorney
Burdick Laurie G $93,800 --
Burdick Laurie G $93,800 --
Burdick Laurie G $93,800 --
Burdick Laurie G $93,800 --
Wadsworth Dorothy $162,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $199,000 0.0% $172 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/10/2023 11/10/23 Price Changed $199,000 -2.9% $172 / Sq Ft
10/11/2023 10/11/23 Price Changed $205,000 -10.5% $177 / Sq Ft
09/18/2023 09/18/23 Price Changed $229,000 +88.5% $198 / Sq Ft
09/18/2023 09/18/23 For Sale $121,500 -- $105 / 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 $0 $125,000 $37,500 $87,500
2020 $964 $121,667 $0 $0
2019 $135 $118,333 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $1,260 $106,667 $0 $0
2016 -- $98,333 $0 $0
2015 -- $90,000 $0 $0
2014 -- $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2107836

Bright MLS

APN: 13-01750004