NOT LISTED FOR SALE

3504 Banquo Dr Silver Spring, MD 20906

Estimated Value: $421,000 - $444,432

4 Beds
3.5 Baths
1,382 Sq Ft
$316/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $275,000 $199 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,873/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Community Pool
  • Wheaton High School Rated A
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of September 2019

Beautiful 4 Bedroom Townhouse located in a nine residential area of Silver Spring. This home features Hardwood floors in the living/dining area, fully finished basement with laundry room and family room, plus small fenced backyard. It also has a brick front plus reserved off-street reserved parking. Tenants could easily access to Beltway 95/495 or Inter-county Connector (ICC) via Georgia Ave. Easy access to Metro Bus, walk or ride to the shopping center.

Last Agent to Rent the Property

Chizea Nwosa

(240) 602-5188 chizea4@msn.com Bennett Realty Solutions License #585684 Listed on: 08/10/2019

Bennett Realty Solutions

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 1980

Lot Details

  • 2,046 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 1,382 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Off-Street Parking
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,100
  • Tenant pays for all utilities
  • The owner pays for real estate taxes, association fees
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/10/19
  • $50 Application Fee
  • $75 Repair Deductible
  • Assessor Parcel Number 161302129928

Community Details

Overview

  • Association fees include common area maintenance, pool(s), recreation facility, snow removal

Recreation

  • Community Pool

Pet Policy

  • Pet Deposit $300
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,750

Year Built

Built in 1980

Lot Details

0

HOA Fees

$254 per month

Rental Info

  • Date Available: 2019-08-10
  • Application Fee: 50.00
  • Owner Pays: Taxes - Real Estate, Association Fees
  • Pet Deposit: 300.00
  • Pets: Case By Case Basis, Breed Restrictions, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Security Deposit: 2100.00
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1980
  • Remarks Public: Beautiful 4 Bedroom Townhouse located in a nine residential area of Silver Spring. This home features Hardwood floors in the living/dining area, fully finished basement with laundry room and family room, plus small fenced backyard. It also has a brick front plus reserved off-street reserved parking. Tenants could easily access to Beltway 95/495 or Inter-county Connector (ICC) via Georgia Ave. Easy access to Metro Bus, walk or ride to the shopping center.
  • Repair Deductible: 75.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Freezer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Hardwood, Partially Carpeted
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Carpet, Combination Dining/Living, Primary Bath(s), Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room Count: 4
  • Room List: Bedroom 2, Basement, Bedroom 1, Bathroom 3, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1382
  • Living Area Sq Ft: 1382
  • Price Per Sq Ft: 1.52
  • Above Grade Finished Sq Ft: 1382
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3504

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • 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
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central, Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 254.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2046.00
  • Property Condition: Good
  • Zoning: PRC

Tax Info

  • Assessor Parcel Number: 161302129928
  • Tax Total Finished Sq Ft: 1382
  • Tax Data Updated: Yes
  • Close Date: 09/11/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
May 21, 2019
Sold by
Greene Elroy and Greene Verona
Bought by
Workalemahu Elshadday Abje
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Shimels Oda
Fairfax Realty Premier
List Price
$239,000
Sold Price
$275,000
Premium/Discount to List
$36,000
15.06%
Current Estimated Value
$436,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,108
Avg. Annual Appreciation
7.43%
Original Mortgage
$192,500
Outstanding Balance
$168,903
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$267,205

Purchase Details

Closed on
May 24, 2006
Sold by
Tarke Elizabeth
Bought by
Greene Elroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 9, 2006
Sold by
Tarke Elizabeth
Bought by
Greene Elroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 3, 2000
Sold by
Roman Cruz
Bought by
Tarke Elizabeth
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
Workalemahu Elshadday Abje $275,000 Main Street Settlements Inc
Greene Elroy $385,000 --
Greene Elroy $385,000 --
Tarke Elizabeth $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Workalemahu Elshadday Abje $192,500
Previous Owner Greene Elroy $308,000
Previous Owner Greene Elroy $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2019 09/11/19 Rented $2,100 0.0% --
09/07/2019 09/07/19 Under Contract -- -- --
08/10/2019 08/10/19 For Rent $2,100 0.0% --
05/21/2019 05/21/19 Sold $275,000 0.0% $134 / Sq Ft View Prior Sale
01/09/2019 01/09/19 Price Changed $275,000 -3.5% $134 / Sq Ft
12/11/2018 12/11/18 Price Changed $285,000 +19.2% $139 / Sq Ft
01/09/2018 01/09/18 For Sale $239,000 -- $117 / 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 $3,750 $331,667 -- --
2024 $3,750 $290,000 $87,000 $203,000
2023 $3,570 $275,000 $0 $0
2022 $3,260 $260,000 $0 $0
2021 $3,043 $245,000 $73,500 $171,500
2020 $2,271 $240,000 $0 $0
2019 $4,404 $235,000 $0 $0
2018 $2,143 $230,000 $69,000 $161,000
2017 $2,086 $223,333 $0 $0
2016 -- $216,667 $0 $0
2015 $2,090 $210,000 $0 $0
2014 $2,090 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC673818

Bright MLS

APN: 13-02129928