3510 Forest Edge Dr Unit 1 Silver Spring, MD 20906
Estimated Value: $269,000 - $295,792
3
Beds
2
Baths
1,415
Sq Ft
$1,001/mo
HOA Fee
Highlights
- Bar or Lounge
- Senior Living
- Clubhouse
- Fitness Center
- Gated Community
- Traditional Architecture
About This Home
As of January 202455+ Premier retirement community, Rare First floor, Updated 3 bedroom, 2 full bath condominium, Capri Model with carport. Entire unit freshly painted and full of natural light, enclosed sunroom. The updated Kitchen had a wall removed to bring in more light. Kitchen features light maple cabinets, granite countertops, white appliances. Primary bedroom with updated en suite bathroom, step in shower. New carpet in the bedrooms. Carport parking, with extra storage. Custom plantation shutters installed on all windows. All utilities included in the monthly condo fee. Move in ready. Heat has been changed from baseboard to a heat pump and central Air conditioning. Enjoy all the amenities this community has to offer, golf, tennis, pickleball, swimming, and fitness center. Multitude of clubs and activities. Close to shopping and restaurants.
Last Agent to Sell the Property
Weichert, REALTORS License #SP98376414 Listed on: 12/02/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,372
Year Built
- Built in 1977
Lot Details
- 3,006
HOA Fees
- $1,001 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,415 Sq Ft Home
- Property has 1 Level
- Combination Dining and Living Room
- Sun or Florida Room
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Parking
- 1 Attached Carport Space
- Assigned parking located at #1G
- 1 Assigned Parking Space
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
Additional Features
- No Interior Steps
- Property is in very good condition
Listing and Financial Details
- Assessor Parcel Number 161301750482
Community Details
Overview
- Senior Living
- $3 Capital Contribution Fee
- Association fees include air conditioning, broadband, cable TV, common area maintenance, electricity, exterior building maintenance, health club, heat, high speed internet, lawn maintenance, management, pool(s), reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
- $350 Other One-Time Fees
- Senior Community | Residents must be 55 or older
- Low-Rise Condominium
- Mutual 14 Condos
- Leisure World Subdivision, Capri Floorplan
Amenities
- Bank or Banking On-Site
- Clubhouse
- Billiard Room
- Community Library
- Bar or Lounge
Recreation
- Golf Course Membership Available
- Tennis Courts
- Fitness Center
- Community Pool
- Jogging Path
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2023
Closed on
Jan 10, 2024
Sold by
Coburn Russell T
Bought by
Johnson Don Cameron and Johnson Lauren
Seller's Agent
Richard Winkler
Weichert, REALTORS
Buyer's Agent
Frederick Genau
RE/MAX Results
List Price
$285,000
Sold Price
$281,000
Premium/Discount to List
-$4,000
-1.4%
Views
218
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,948
Avg. Annual Appreciation
0.97%
Original Mortgage
$224,000
Outstanding Balance
$220,948
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$64,000
Purchase Details
Listed on
Apr 9, 2016
Closed on
May 2, 2016
Sold by
Lerner Danielj and Lerner Susan A
Bought by
Coburn Russell T and Coburn Sandra R
Seller's Agent
Rick Carroll
Long & Foster Real Estate, Inc.
Buyer's Agent
Richard Winkler
Weichert, REALTORS
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Similar Homes in Silver Spring, MD
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Don Cameron | $281,000 | None Listed On Document | |
| Coburn Russell T | $200,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Don Cameron | $224,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2024 01/10/24 | Sold | $281,000 | -1.4% | $199 / Sq Ft |
| 12/06/2023 12/06/23 | Pending | -- | -- | -- |
| 12/02/2023 12/02/23 | For Sale | $285,000 | +42.5% | $201 / Sq Ft |
| 05/05/2016 05/05/16 | Sold | $200,000 | -4.8% | $141 / Sq Ft |
| 04/13/2016 04/13/16 | Pending | -- | -- | -- |
| 04/09/2016 04/09/16 | For Sale | $210,000 | -- | $148 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,709 | $230,000 | $69,000 | $161,000 |
| 2023 | $1,900 | $220,000 | $0 | $0 |
| 2022 | $1,693 | $210,000 | $0 | $0 |
| 2021 | $0 | $200,000 | $60,000 | $140,000 |
| 2020 | $2,536 | $186,667 | $0 | $0 |
| 2019 | $1,267 | $173,333 | $0 | $0 |
| 2018 | $1,768 | $160,000 | $48,000 | $112,000 |
| 2017 | $2,129 | $153,333 | $0 | $0 |
| 2016 | -- | $146,667 | $0 | $0 |
| 2015 | $1,075 | $140,000 | $0 | $0 |
| 2014 | $1,075 | $140,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Winkler
Seller's Agent in 2024
Richard Winkler
Weichert Corporate
(301) 404-3105
100 in this area
145 Total Sales
-
Sudha Baxter
Seller Co-Listing Agent in 2024
Sudha Baxter
Weichert Corporate
(202) 368-8536
86 in this area
130 Total Sales
-
Frederick Genau
Buyer's Agent in 2024
Frederick Genau
RE/MAX
(240) 446-5153
1 in this area
54 Total Sales
-
Rick Carroll
Seller's Agent in 2016
Rick Carroll
Long & Foster
(301) 807-6741
1 in this area
38 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2113998
APN: 13-01750482
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