NOT LISTED FOR SALE

3510 Forest Edge Dr Unit 161A Silver Spring, MD 20906

Estimated Value: $231,000 - $263,000

3 Beds
2 Baths
1,415 Sq Ft
3,006 Sq Ft Lot

Sale Details

Date Sold: May 19, 2023

Last sale price $220,000 $155 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,536 / mo

6 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Jogging Path
  • Active Adult
  • Party Room
  • Patio

About This Home

As of May 2023

Located in a 55+ Senior Living Gated Community. This freshly painted first-floor corner unit condo has 3 bedrooms, 2 full baths, and a large patio off the living room. 1,415 square feet of living space with lots of light from windows on all three sides. The table space kitchen has a recently added refrigerator. Spacious dining area for entertaining. Condo has numerous spacious closets plus a full-size Washer and Dryer. Enclosed carport parking with a separate storage area is included with the purchase. The condo fee covers all utilities, including Comcast Cable TV and High-Speed Internet. The Leisure World community offers an 18-hole golf course, 2 clubhouses, formal and casual restaurants, a fitness center, tennis courts, and an indoor and outdoor swimming pool. Enjoy pickle ball, tennis, art and photography clubs, numerous clubs, and several lovely walking paths. MedStar Health Center is near the Norbeck Gate entrance across from Club House 2. Close to the Leisure World community center anchored by the Giant Grocery store and features an excellent mix of retailers and restaurants.

Last Agent to Sell the Property

Laura Quigley

(301) 298-1001 laura.quigley@compass.com Compass License #SP98373824 Listed on: 04/15/2023

Compass

Co-Listed By

Jan Brito

(301) 298-1001 jan.brito@compass.com Compass License #601275

Last Buyer's Agent

Vilas Wright

(301) 213-6910 vilaswright@gmail.com Wright Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1977

Lot Details

  • 3,006

HOA Fees

  • $1,016 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,415 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Detached Carport Space

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301750301

Community Details

Overview

  • Active Adult
  • Association fees include water, sewer, electricity, cable TV, high speed internet, common area maintenance, recreation facility, snow removal, trash
  • Active Adult | Residents must be 55 or older
  • Low-Rise Community
  • Leisure World Of Maryland Condos, Phone Number (301) 598-1000
  • Leisure World Subdivision

Amenities

  • Party Room

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,372

Year Built

Built in 1977

Lot Details

3,006 Sq Ft Lot

HOA Fees

$1,016 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-04-15
  • Federal Flood Zone: No
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1415
  • Living Area Sq Ft: 1415
  • Price Per Sq Ft: 155.48
  • Above Grade Finished Sq Ft: 1415
  • Above Grade Finished Area Units: Square Feet

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1016.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Leisure World of Maryland
  • Condo Co-Op Phone: 301-598-1000
  • HOA Condo Co-Op Amenities: Exercise Room, Jog/Walk Path, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Electricity, Cable Tv, High Speed Internet, Common Area Maintenance, Recreation Facility, Snow Removal, Trash
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: PRC
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052070
  • Tax Annual Amount: 2372.00
  • Assessor Parcel Number: 161301750301
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
May 19, 2023
Sold by
Bought by
Seller's Agent
Laura Quigley
Compass
Buyer's Agent
Vilas Wright
Wright Real Estate, LLC
List Price
$220,000
Sold Price
$220,000
Views
148
Current Estimated Value
$250,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,969
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,400
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 Commonwealth Land Title
$220,000 Commonwealth Land Title
$260,500 --
$169,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $208,400
Previous Owner $52,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $220,000 0.0% $155 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $220,000 -- $155 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,069 $233,333 -- --
2024 $2,709 $230,000 $69,000 $161,000
2023 $3,284 $220,000 $0 $0
2022 $1,693 $210,000 $0 $0
2021 $1,565 $200,000 $60,000 $140,000
2020 $1,084 $186,667 $0 $0
2019 $3,703 $173,333 $0 $0
2018 $1,123 $160,000 $48,000 $112,000
2017 $1,040 $153,333 $0 $0
2016 $1,075 $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

  • Laura Quigley

    Seller's Agent in 2023

    Laura Quigley

    Compass

    (240) 753-2208

    38 Total Sales

    Laura Quigley
    Section Image
  • Jan Brito

    Seller Co-Listing Agent in 2023

    Jan Brito

    Compass

    (301) 646-5774

    144 Total Sales

    Jan Brito
    Section Image
  • Vilas Wright

    Buyer's Agent in 2023

    Vilas Wright

    Wright Real Estate, LLC

    (301) 213-6910

    141 Total Sales

    Vilas Wright
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2088860

Bright MLS

APN: 13-01750301

Maryland Montgomery County Silver Spring 20906

3510 Forest Edge Dr Unit 161A, Silver Spring, MD

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