NOT LISTED FOR SALE

3511 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $212,647 - $252,000

2 Beds
2 Baths
1,273 Sq Ft
$748/mo HOA Fee

Last Sold May 29, 2020

Last sale price $181,000 $142 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,137/month

76 Days on Market

Highlights

  • Golf Club
  • Fitness Center
  • Active Adult
  • Bar or Lounge
  • Transportation Service
  • Gated Community

About This Home

As of May 2020

Incredible Rivera model with enclosed balcony. Upgraded kitchen with built in micro wave, Condo has been upgraded with new paint, new wall to wall carpeting, new lighting, ceiling fans, and window coverings, All utilities, community activities, including free bus transportation to community facilities, on campus medical center, CABLE TV and INTERNET are all included in the monthly condo fee . Do not miss you opportunity to relax and live in close in retirement community

Last Agent to Sell the Property

John Radcliffe

jradrltr@aol.com Weichert, REALTORS License #28465 Listed on: 02/15/2020

Weichert, REALTORS

Last Buyer's Agent

Rhonda Mortensen

(301) 326-6401 rhonda.mortensen@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1977

Lot Details

  • 2,875

HOA Fees

  • $748 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,273 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Front Loading Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Baseboard Heater
  • Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161301748774

Community Details

Overview

  • Active Adult
  • Association fees include a/c unit(s), air conditioning, all ground fee, broadband, bus service, cable TV, common area maintenance, custodial services maintenance, exterior building maintenance, health club, heat, high speed internet, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, security gate, snow removal, sewer, trash, water
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Leisure World Subdivision
  • Community Lake

Amenities

  • Transportation Service
  • Newspaper Service
  • Picnic Area
  • Common Area
  • Bank or Banking On-Site
  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Center
  • Party Room
  • Community Dining Room
  • Art Studio
  • Community Library
  • Recreation Room
  • Bar or Lounge
  • Community Storage Space
  • Elevator

Recreation

  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,444

Year Built

Built in 1977

Lot Details

0

HOA Fees

$748 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Elevator, Floor Plan - Traditional, Stall Shower, Tub Shower, Window Treatments
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Bathroom 1, Bathroom 2
  • Basement: No
  • Total Sq Ft: 1273
  • Living Area Sq Ft: 1273
  • Price Per Sq Ft: 141.32
  • Above Grade Finished Sq Ft: 1273
  • 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

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

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Central
  • Heating Type: Baseboard - Electric, Heat Pump - Electric Backup, Heat Pump(s)
  • Heating: Yes
  • 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: 748.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Art Studio, Bank / Banking On-Site, Bar/Lounge, Billiard Room, Club House, Common Grounds, Community Center, Dining Rooms, Elevator, Exercise Room, Fitness Center, Game Room, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Lake, Library, Newspaper Service, Party Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Retirement Community, Security, Shuffleboard, Storage Bin, Tennis Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: A/C Unit(s), Air Conditioning, All Ground Fee, Broadband, Bus Service, Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Health Club, Heat, High Speed Internet, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Security Gate, Snow Removal, Sewer, Trash, Water
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 42000.00
  • Property Condition: Very Good
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14051922
  • Tax Annual Amount: 1444.00
  • Assessor Parcel Number: 161301748774
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2020
Closed on
May 29, 2020
Sold by
Wolfunit Llc
Bought by
Price Steven B
Seller's Agent
John Radcliffe
Weichert, REALTORS
Buyer's Agent
Rhonda Mortensen
Compass
List Price
$184,999
Sold Price
$181,000
Premium/Discount to List
-$3,999
-2.16%
Current Estimated Value
$231,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,162
Avg. Annual Appreciation
4.47%
Original Mortgage
$175,570
Outstanding Balance
$155,629
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$75,533

Purchase Details

Closed on
Jan 28, 2020
Sold by
Taylor Donald Lee and Estate Of Martha L Taylor
Bought by
Wolfunit Llc

Purchase Details

Closed on
Jan 14, 2002
Sold by
Mills Barbara A
Bought by
Taylor Martha L

Purchase Details

Closed on
Sep 1, 2000
Sold by
Ferry Mary M
Bought by
Mills Barbara A

Purchase Details

Closed on
Dec 17, 1998
Sold by
Stuart Stuart J and Stuart Rich H
Bought by
Ferry Mary M

Purchase Details

Closed on
Jan 23, 1995
Sold by
Jones Thomas R
Bought by
Rich J S
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

Date Buyer Sale Price Title Company
Price Steven B $181,000 Main Street Settlements Inc
Wolfunit Llc $120,000 Main Street Settlements Inc
Taylor Martha L $148,000 --
Mills Barbara A $125,000 --
Ferry Mary M $125,900 --
Rich J S $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Steven B $175,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $181,000 +0.6% $142 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $179,899 -2.8% $141 / Sq Ft
02/15/2020 02/15/20 For Sale $184,999 -- $145 / 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 $1,285 $166,667 $0 $0
2022 $1,054 $153,333 $0 $0
2021 $1,807 $140,000 $42,000 $98,000
2020 $1,505 $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: MDMC696028

Bright MLS

APN: 13-01748774