NOT LISTED FOR SALE

3510 Forest Edge Dr Unit 163C Silver Spring, MD 20906

Estimated Value: $201,000 - $248,000

2 Beds
2 Baths
1,273 Sq Ft
2,875 Sq Ft Lot

Last Sold August 16, 2018

Last sale price $138,000 $108 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,355/month

Highlights

  • Active Adult
  • Community Pool
  • Central Air
  • No HOA
  • 1 Detached Carport Space
  • Electric Baseboard Heater

About This Home

As of December 2020

Very large two bedroom two full bathroom condo with carport garage and lots of upgrades. Conveniently located near the golf course, clubhouse 1, restaurants, main gate, and metro bus stop. Electricity included in rent price.

Last Agent to Rent the Property

Leo Baboci

(301) 500-8166 2leobaboci@gmail.com Weichert, REALTORS Listed on: 12/02/2020

Weichert, REALTORS

Last Renter's Agent

Elizabeth Leety

(443) 804-3172 bethleety@yahoo.com Berkshire Hathaway HomeServices PenFed Realty License #579680

Berkshire Hathaway HomeServices PenFed Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,133

Year Built

  • Built in 1977

Lot Details

  • 2,875

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,273 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Detached Carport Space

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,850
  • Rent includes cable TV, electricity, trash removal, water
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 12/7/20
  • Assessor Parcel Number 161301750380

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Leisure World Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,133

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Date Available: 2020-12-07
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Cable Tv, Electricity, Trash Removal, Water
  • Security Deposit: 1850.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Remarks Public: Very large two bedroom two full bathroom condo with carport garage and lots of upgrades. Conveniently located near the golf course, clubhouse 1, restaurants, main gate, and metro bus stop. Electricity included in rent price.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1273
  • Living Area Sq Ft: 1273
  • Price Per Sq Ft: 1.45
  • Above Grade Finished Sq Ft: 1273
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3510

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, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

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

Lot Info

  • Land Use Code: 011
  • Zoning: PRC

Tax Info

  • Assessor Parcel Number: 14052078
  • Assessor Parcel Number: 161301750380
  • Tax Total Finished Sq Ft: 1273
  • Close Date: 12/14/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Aug 16, 2018
Sold by
Goodman Betti Dione and Zivich Rose Anne
Bought by
Ahdoot Bahram and Ahdoot Farzin T
Seller's Agent
Doug Brasse
Weichert, REALTORS
Buyer's Agent
Doug Brasse
Weichert, REALTORS
List Price
$155,000
Sold Price
$138,000
Premium/Discount to List
-$17,000
-10.97%
Current Estimated Value
$221,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,286
Avg. Annual Appreciation
6.76%
Original Mortgage
$131,100
Outstanding Balance
$114,327
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$105,178

Purchase Details

Closed on
Oct 27, 2003
Sold by
Myers Donald L
Bought by
Goodman Betti Dionne

Purchase Details

Closed on
Apr 22, 2002
Sold by
Clark Elizabeth M
Bought by
Myers Donald L and Myers Frances D

Purchase Details

Closed on
Dec 13, 1999
Sold by
Greenhouse Paula D
Bought by
Clark Elizabeth M
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
Ahdoot Bahram $138,000 None Available
Goodman Betti Dionne $169,000 --
Goodman Betti Dionne $169,000 --
Myers Donald L $147,000 --
Clark Elizabeth M $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahdoot Bahram $131,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2020 12/14/20 Rented $1,850 0.0% --
12/02/2020 12/02/20 For Rent $1,850 +5.7% --
11/30/2018 11/30/18 Rented $1,750 0.0% --
11/16/2018 11/16/18 Price Changed $1,750 -2.8% $1 / Sq Ft
11/01/2018 11/01/18 For Rent $1,800 0.0% --
08/16/2018 08/16/18 Sold $138,000 -11.0% $108 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $155,000 -- $122 / 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 $2,133 $185,000 -- --
2024 $2,133 $180,000 $54,000 $126,000
2023 $1,977 $166,667 $0 $0
2022 $1,746 $153,333 $0 $0
2021 $1,596 $140,000 $42,000 $98,000
2020 $828 $133,333 $0 $0
2019 $753 $126,667 $0 $0
2018 $682 $120,000 $36,000 $84,000
2017 $580 $113,333 $0 $0
2016 -- $106,667 $0 $0
2015 $486 $100,000 $0 $0
2014 $486 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC737050

Bright MLS

APN: 13-01750380