NOT LISTED FOR SALE

3501 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $212,000 - $225,000

2 Beds
2 Baths
1,273 Sq Ft
$656/mo HOA Fee

Last Sold July 23, 2013

Last sale price $125,000 $98 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,040/month

45 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Traditional Architecture
  • Senior Community
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of July 2013

Age 55 and over gated community. Very large home in great condition. Lots of space for the price. Assigned covered parking included #4. Lovely patio level unit, plant your flowers! Newer appliances, front load washer and dryer. Beautiful hardwood floors in large living room and dining room. Electric, water, & basic cable included in Condo fee.

Last Agent to Sell the Property

Eve Marinik

Samson Properties Listed on: 05/14/2013

Samson Properties

Last Buyer's Agent

Herb Samuel

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1977

Lot Details

  • 2,875

HOA Fees

  • $656 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,273 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Parking

  • 1 Detached Carport Space
  • Parking Space Number Location: 4

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161301749940

Community Details

Overview

  • Senior Community
  • Association fees include air conditioning, cable TV, common area maintenance, electricity, exterior building maintenance, heat, lawn maintenance, management, insurance, reserve funds, road maintenance, sewer, snow removal, trash, water, security gate
  • Low-Rise Condominium
  • Rossmoor Mutual Subdivision, Riviera Floorplan
  • Leisure World Community
  • The community has rules related to moving in times

Amenities

  • Billiard Room
  • Community Storage Space

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,235

Year Built

Built in 1977

Lot Details

0

HOA Fees

$656 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
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1977
  • Remarks Public: Age 55 and over gated community. Very large home in great condition. Lots of space for the price. Assigned covered parking included #4. Lovely patio level unit, plant your flowers! Newer appliances, front load washer and dryer. Beautiful hardwood floors in large living room and dining room. Electric, water, & basic cable included in Condo fee.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading
  • Interior Amenities: Dining Area, Elevator, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1273
  • Living Area Sq Ft: 1273
  • Price Per Sq Ft: 98.19
  • 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: Brick
  • Construction Completed: No
  • Exterior Features: Secure Storage, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Parking Space Number Assigned: 4
  • Garage Features: Covered Parking
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • 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: 656.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Extra Storage, Gated Community, Golf Course Membership Available, Pool Mem Avail, Pool - Indoor, Pool - Outdoor, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Heat, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Security Gate
  • HOA Condo Co-Op Rules: Adult Living Community, Moving In Times, Pets - Allowed, Pets - Size Restrict, Restrictions
  • HOA: Yes
  • Community Pool Features: Indoor

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 70000.00
  • Land Assessed Value: 30000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13941008
  • Tax Annual Amount: 1235.39
  • Assessor Parcel Number: 161301749940
  • Tax Total Finished Sq Ft: 1273
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 07/23/2013

Multi Family

  • Metering: All Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2013
Closed on
Jul 23, 2013
Sold by
Mayer Carol F
Bought by
Towles James L and Towles Julie Dupont
Seller's Agent
Eve Marinik
Samson Properties
Buyer's Agent
Herb Samuel
Weichert, REALTORS
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$220,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,350
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Inouye Janet F
Bought by
Frysiak Frances A

Purchase Details

Closed on
Feb 15, 2006
Sold by
Inouye Janet F
Bought by
Frysiak Frances A

Purchase Details

Closed on
Sep 15, 2005
Sold by
Romano Ralph L
Bought by
Inouye Janet F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Romano Ralph L
Bought by
Inouye Janet F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2003
Sold by
Hatfield Joseph L
Bought by
Romano Ralph L and Romano Raffaela F
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
Towles James L $125,000 Fidelity Natl Title Ins Co
Frysiak Frances A $280,000 --
Frysiak Frances A $280,000 --
Inouye Janet F $283,500 --
Inouye Janet F $283,500 --
Romano Ralph L $152,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inouye Janet F $120,000
Previous Owner Inouye Janet F $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2013 07/23/13 Sold $125,000 0.0% $98 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $125,000 0.0% $98 / Sq Ft
05/28/2013 05/28/13 Off Market $125,000 -- --
05/14/2013 05/14/13 For Sale $125,000 0.0% $98 / Sq Ft
02/07/2012 02/07/12 Rented $1,400 0.0% --
01/07/2012 01/07/12 Under Contract -- -- --
01/01/2012 01/01/12 For Rent $1,400 -- --
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 $1,285 $166,667 $0 $0
2022 $1,236 $153,333 $0 $0
2021 $904 $140,000 $42,000 $98,000
2020 $828 $133,333 $0 $0
2019 $753 $126,667 $0 $0
2018 $1,326 $120,000 $36,000 $84,000
2017 $854 $113,333 $0 $0
2016 -- $106,667 $0 $0
2015 $1,178 $100,000 $0 $0
2014 $1,178 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eve Marinik

    Seller's Agent in 2013

    Eve Marinik

    Samson Properties

    (410) 514-5999

    95 in this area

    136 Total Sales

    Section Image

  • H

    Buyer's Agent in 2013

    Herb Samuel

    Weichert Corporate

See All Agents

Map

Source: Bright MLS

MLS Number: 1003512866

Bright MLS

APN: 13-01749940

Maryland Montgomery County Silver Spring 20906

3501 Forest Edge Dr, Silver Spring, MD

This home is located at 3501 Forest Edge Dr, Silver Spring, MD 20906 since 14 May 2013 and is currently estimated at $219,835, approximately $172 per square foot. This property was built in 1977. 3501 Forest Edge Dr 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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