NOT LISTED FOR SALE

3501 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $196,345 - $229,000

2 Beds
2 Baths
1,157 Sq Ft
$665/mo HOA Fee

Last Sold June 15, 2018

Last sale price $145,250 $126 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,942/month

32 Days on Market

Highlights

  • Golf Club
  • 24-Hour Security
  • In Ground Pool
  • Fitness Center
  • Transportation Service
  • Active Adult

About This Home

As of June 2018

Really Wonderful condo home! Spacious & sunny w/ wooded views from balcony! TOP FLOOR - quiet but near elevator! Big rooms - lots of closets, hardwood floors throughout - kitchen style & appliances upgraded - big sliding glass doors make unit very bright. Professionally painted - Upgrades since 2013 - covered parking spot near elevator too - All utilities included - As Is + Home Warranty included

Last Agent to Sell the Property

Stacy Berman

(301) 466-4056 stacy.berman@rlahre.com RLAH @properties License #574973 Listed on: 03/14/2018

RLAH @properties

Co-Listed By

Sarah Crawford-Najafi

(202) 364-1300 sarah.najafi@lnf.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Janice Fife

(301) 254-5825 janicefife46@gmail.com Weichert, REALTORS License #98003

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1977 | Remodeled in 2013

Lot Details

  • Sprinkler System
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $665 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • French Doors
  • Sliding Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • Views of Woods

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Exterior Cameras

Parking

  • Parking Space Number Location: 21
  • Covered Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-under Vanity
  • Wheelchair Height Mailbox

Outdoor Features

  • In Ground Pool
  • Lake Privileges
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Baseboard Heating
  • Underground Utilities
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 161301750026

Community Details

Overview

  • Active Adult
  • Moving Fees Required
  • Association fees include air conditioning, custodial services maintenance, electricity, exterior building maintenance, heat, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water, security gate
  • $350 Other One-Time Fees
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Mutual 14 Community
  • Rossmoor Mutual #14 Subdivision
  • The community has rules related to moving in times
  • Community Lake

Amenities

  • Fax or Copying Available
  • Transportation Service
  • Newspaper Service
  • Common Area
  • Bank or Banking On-Site
  • Beauty Salon
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Dining Room
  • Recreation Room
  • Convenience Store
  • Elevator

Recreation

  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Fitness Center
  • Community Indoor Pool
  • Pool Membership Available
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,176

Year Built

Built in 1977 | Remodeled in 2013

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator, Roll-Under Vanity, Wheelchair Height Mailbox
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Year Renovated: 2013
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater, Energy Star Freezer
  • Interior Amenities: Dining Area, Kitchen - Galley, Combination Kitchen/Dining, Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Window Treatments, Elevator, Wood Floors, Crown Moldings, Flat, Floor Plan - Traditional
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1157
  • Living Area Sq Ft: 1157
  • Price Per Sq Ft: 128.35
  • 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
  • Exterior Features: Secure Storage, Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Asphalt
  • View: Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Detached, Assigned
  • Parking Space Number Assigned: 21
  • Garage Features: Covered Parking

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Exterior Cameras, Fire Detection System, Main Entrance Lock, Resident Manager, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 665.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Basketball Courts, Beauty Salon, Bike Trail, Billiard Room, Club House, Common Grounds, Community Center, Convenience Store, Dining Rooms, Elevator, Exercise Room, Fax/Copying, Fitness Center, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Lake, Meeting Room, Newspaper Service, Party Room, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Recreational Center, Reserved/Assigned Parking, Retirement Community, Security, Shuffleboard, Sauna, Swimming Pool, Tennis Courts, Transportation Service, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site, Builder/Developer
  • HOA Condo Co-Op Rules: Adult Living Community, Elevator Use, Moving Fees Required, Moving In Times, Pets - Allowed, Pets - Size Restrict
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Community Pool Features: Indoor

Fee Information

  • Other Fees: 350.00
  • Other Fees Frequency: One Time

Green Features

  • Green Sustainability: Onsite Recycling Center
  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 80500.00
  • Land Assessed Value: 34500.00
  • Lot Features: Backs To Trees
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052043
  • Tax Annual Amount: 1176.12
  • Assessor Parcel Number: 161301750026
  • Tax Page Number: 372
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jun 15, 2018
Sold by
Feldmann Marjory H
Bought by
Simon Bobo Mikie Jenise
Seller's Agent
Stacy Berman
RLAH @properties
Buyer's Agent
Janice Fife
Weichert, REALTORS
List Price
$148,500
Sold Price
$145,250
Premium/Discount to List
-$3,250
-2.19%
Current Estimated Value
$212,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,438
Avg. Annual Appreciation
5.06%
Original Mortgage
$95,250
Outstanding Balance
$82,560
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$129,026

Purchase Details

Listed on
May 19, 2013
Closed on
Jul 31, 2013
Sold by
Defibaugh Donna L and Mccord Stephen G
Bought by
Feldman Marjory H
Seller's Agent
Vivian Kirshenbaum
Weichert, REALTORS
Buyer's Agent
Stacy Berman
RLAH @properties
List Price
$111,900
Sold Price
$113,000
Premium/Discount to List
$1,100
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Source: Public Records

Range of Values:

--
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
Simon Bobo Mikie Jenise $145,250 None Available
Feldman Marjory H $113,000 Title Town Settlements Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Bobo Mikie Jenise $95,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $145,250 -2.2% $126 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $148,500 0.0% $128 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $148,500 0.0% $128 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $148,500 +31.4% $128 / Sq Ft
07/31/2013 07/31/13 Sold $113,000 +1.0% $98 / Sq Ft View Prior Sale
06/14/2013 06/14/13 Pending -- -- --
05/19/2013 05/19/13 For Sale $111,900 -- $97 / 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 $880 $141,667 $0 $0
2021 $738 $125,000 $37,500 $87,500
2020 $699 $121,667 $0 $0
2019 $661 $118,333 $0 $0
2018 $626 $115,000 $34,500 $80,500
2017 $484 $106,667 $0 $0
2016 -- $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: 1000266420

Bright MLS

APN: 13-01750026