NOT LISTED FOR SALE

3510 Forest Edge Dr Unit 1 Silver Spring, MD 20906

Estimated Value: $278,000 - $289,000

3 Beds
2 Baths
1,415 Sq Ft
$1,001/mo HOA Fee

Last Sold January 10, 2024

Last sale price $281,000 $199 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,748/month

4 Days on Market

Highlights

  • Bar or Lounge
  • Active Adult
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Traditional Architecture

About This Home

As of January 2024

55+ 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

Richard Winkler

(301) 404-3105 rwinkler111@yahoo.com Weichert, REALTORS License #SP98376414 Listed on: 12/02/2023

Weichert, REALTORS

Co-Listed By

Sudha Baxter

(202) 368-8536 sudhabaxter@yahoo.com Weichert, REALTORS License #655575

Last Buyer's Agent

Frederick Genau

(240) 446-5153 frederick@kimberlyjohngroup.com RE/MAX Results License #5003486

RE/MAX Results

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
  • Entry on the 1st floor
  • 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

  • Active Adult
  • $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
  • Active Adult | 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,372

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,001 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: No Stairs
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1977
  • Assigned Parking Space Numbers: 1G
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Combination Dining/Living
  • Fireplace: No
  • Levels Count: 1
  • Room List: Sun/Florida Room
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor
  • Total Sq Ft: 1415
  • Living Area Sq Ft: 1415
  • Price Per Sq Ft: 201.41
  • Above Grade Finished Sq Ft: 1415
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3510

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Spa: No
  • 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
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1001.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mutual 14
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Bar/Lounge, Billiard Room, Club House, Fitness Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Library, Pool - Outdoor, Retirement Community, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Broadband, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Health Club, Heat, High Speed Internet, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 350.00
  • Other Fees Frequency: One Time
  • 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
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2372.00
  • Assessor Parcel Number: 161301750482
  • Tax Total Finished Sq Ft: 1415
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/10/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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
$285,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,845
Avg. Annual Appreciation
0.99%
Original Mortgage
$224,000
Outstanding Balance
$220,139
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$65,706

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%
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
Johnson Don Cameron $281,000 None Listed On Document
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
Closed Johnson Don Cameron $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $2,709 $243,333 -- --
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

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Map

Source: Bright MLS

MLS Number: MDMC2113998

Bright MLS

APN: 13-01750482