NOT LISTED FOR SALE

3511 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $194,000 - $223,000

2 Beds
2 Baths
1,157 Sq Ft
$934/ mo HOA Fee

Last Sold July 06, 2023

Last sale price $200,000 $173 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,047/month

10 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Jogging Path
  • Active Adult
  • Community Pool
  • Level Entry For Accessibility

About This Home

As of July 2023

Rare first floor unit! Fantastic 2 bedroom, 2 bath condo freshly painted and ready to move in. Windows on both sides of the unit give this condo a light and airy feel. The primary bedroom offers a serene retreat, complete with an en-suite bathroom with walk-in shower. Closets provide abundant storage space. Kitchen has granite counter tops and an updated stove and vent hood. Opening to a private patio space allows you easy access to the surrounding green space. Flooring, HVAC and dryer all recently updated. The unit also includes an assigned covered parking space and extra storage space. All utilities are included in the monthly condo fee, plus high speed internet and cable TV.

The property is part of a wonderful 55+ community, which offers an array of amenities to enhance your lifestyle. Residents have exclusive access to a gold course, swimming pools, fitness centers, tennis courts, and a multitude of social and recreational activities. The meticulously maintained grounds create a tranquil setting, perfect for leisurely walks or enjoying the outdoors.

Last Agent to Sell the Property

Karen Ranallo

(301) 681-0550 kvano72@msn.com Weichert, REALTORS Listed on: 05/25/2023

Weichert, REALTORS

Co-Listed By

Miriam Castro

(301) 681-0550 m.castro000@yahoo.com Weichert, REALTORS License #5010091

Last Buyer's Agent

Kristie Taylor Palmer

(202) 547-3525 tammie.henderson@cbmove.com Coldwell Banker Realty - Washington License #5004044

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1977

Lot Details

  • 2,657

HOA Fees

  • $934 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,157 Sq Ft Home
  • Property has 3 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Detached Carport Space

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301750540

Community Details

Overview

  • Active Adult
  • $3 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, electricity, high speed internet, lawn maintenance, pool(s), security gate, snow removal, trash, water, sewer
  • Active Adult | Residents must be 55 or older
  • Leisure World Of MD HOA
  • Low-Rise Condominium
  • Rossmoor Mutual 14 Condos
  • Rossmoor Mutual #14 Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,618

Year Built

Built in 1977

Lot Details

2,657 Sq Ft Lot

HOA Fees

$934 per month

Listing Details

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

Interior Features

  • Entry Floor: 1
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1157
  • Living Area Sq Ft: 1157
  • Price Per Sq Ft: 164.13
  • Above Grade Finished Sq Ft: 1157
  • Above Grade Finished Area Units: Square Feet

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

  • 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: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 934.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Rossmoor Mutual 14
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Jog/Walk Path, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Electricity, High Speed Internet, Lawn Maintenance, Pool(s), Security Gate, Snow Removal, Trash, Water, Sewer
  • HOA Name: LEISURE WORLD OF MD
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Capital Contribution Fee: 3.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1618.00
  • Assessor Parcel Number: 161301750540
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 6, 2023
Sold by
Deleon Marcy L
Bought by
Portis Alvin
Seller's Agent
Karen Ranallo
Weichert, REALTORS
Buyer's Agent
Kristie Taylor Palmer
Coldwell Banker Realty - Washington
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%
Views
194
Current Estimated Value
$210,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,541
Avg. Annual Appreciation
1.91%
Original Mortgage
$200,000
Outstanding Balance
$195,140
Interest Rate
6.69%
Mortgage Type
VA
Estimated Equity
$15,401

Purchase Details

Listed on
Feb 28, 2014
Closed on
Mar 13, 2014
Sold by
Guessford Friederike S
Bought by
Deleon Marcy L
Seller's Agent
Teri Levine
Trademark Realty, Inc
Buyer's Agent
Maria Cruz
Long & Foster Real Estate, Inc.
List Price
$100,000
Sold Price
$105,000
Premium/Discount to List
$5,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jul 3, 1995
Sold by
Beyer William L
Bought by
Guessford Friederike S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Portis Alvin $200,000 Title Resource Guaranty Compan
Portis Alvin $200,000 Title Resource Guaranty Compan
Deleon Marcy L $105,000 First American Title Ins Co
Guessford Friederike S $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portis Alvin $200,000
Closed Portis Alvin $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $200,000 +5.3% $173 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $189,900 +80.9% $164 / Sq Ft
03/14/2014 03/14/14 Sold $105,000 +5.0% $91 / Sq Ft View Prior Sale
03/05/2014 03/05/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $100,000 -- $86 / Sq Ft
Source: Bright MLS

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 $61 $181,667 -- --
2024 $61 $175,000 $52,500 $122,500
2023 $0 $158,333 $0 $0
2022 $1,142 $141,667 $0 $0
2020 $1,244 $121,667 $0 $0
2019 $661 $118,333 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $1,260 $106,667 $0 $0
2016 -- $98,333 $0 $0
2015 $432 $90,000 $0 $0
2014 $432 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Ranallo

    Seller's Agent in 2023

    Karen Ranallo

    Weichert Corporate

    (301) 221-2715

    18 in this area

    29 Total Sales

    Karen Ranallo
    Section Image
  • Miriam Castro

    Seller Co-Listing Agent in 2023

    Miriam Castro

    Weichert Corporate

    (443) 774-1700

    10 in this area

    18 Total Sales

    Miriam Castro
    Section Image
  • Kristie Taylor Palmer

    Buyer's Agent in 2023

    Kristie Taylor Palmer

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 391-4614

    1 in this area

    11 Total Sales

    Kristie Taylor Palmer
    Section Image
  • Teri Levine

    Seller's Agent in 2014

    Teri Levine

    Trademark Realty, Inc

    (240) 899-3299

    4 in this area

    18 Total Sales

    Teri Levine
    Section Image

  • M

    Buyer's Agent in 2014

    Maria Cruz

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2094484

Bright MLS

APN: 13-01750540

Maryland Montgomery County Silver Spring 20906

3511 Forest Edge Dr, Silver Spring, MD

Not Listed for Sale

Condos

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