NOT LISTED FOR SALE

3511 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $248,744 - $264,000

3 Beds
2 Baths
1,415 Sq Ft
1,307 Sq Ft Lot

Last Sold February 03, 2017

Last sale price $175,000 $124 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,563/month

Highlights

  • Active Adult
  • Traditional Architecture
  • No HOA
  • Open Floorplan
  • Wood Flooring
  • Balcony

About This Home

As of August 2021

3511 Forest Edge: ADULT COMMUNITY 55+ YEARS OLD AND OLDER ONLY

Community living at its finest!

ALL UTILITIES INCLUDED!!

This beautiful and spacious 3 bedrooms 2 bath condo in an active 55+ guard-gated Leisure World community is ready to go. Open floor plan and extra-wide balcony perfect for entertaining guests or relaxing outside. 3 large big bedrooms with plenty of closet space.
EASY ELEVATOR access
Assigned parking with plenty of parking for guests.

Community amenities include gated access, an 18-hole golf course, tennis courts, two clubhouses, on-site restaurants, and medical center/pharmacy, bus transportation (within the community and to outside shopping centers), and opportunities to participate in numerous events and activities.

Minutes to Silver Spring. Convenient to I-495,270, ICC-200,
Georgia and Connecticut Ave. Move-in Ready!!

Last Agent to Rent the Property

Suleman Hooda

(410) 294-5233 hooda.suleman@gmail.com Johnson-Needham Realty LLC Listed on: 06/30/2021

Last Renter's Agent

Jesse Harris

(301) 633-6483 jwharris@weichert.com Weichert, REALTORS

Weichert, REALTORS

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • 1,307

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,415 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Assigned parking located at #19
  • 1 Detached Carport Space
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • Tenant pays for insurance, light bulbs/filters/fuses/alarm care, minor interior maintenance
  • The owner pays for water, electricity
  • Rent includes water, electricity
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 7/1/21
  • Assessor Parcel Number 161301748694

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Rossmoor Mutual #14 Subdivision

Pet Policy

  • No Pets Allowed

Recreation

  • Tennis Courts

Condo Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Date Available: 2021-07-01
  • Owner Pays: Water, Electricity
  • Pets Allowed: No
  • Rent Includes: Water, Electricity
  • Security Deposit: 2000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Assigned Parking Space Numbers: 19
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Wet/Dry Bar, Combination Dining/Living, Kitchen - Galley
  • Fireplace: No
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 3, Bedroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1415
  • Living Area Sq Ft: 1415
  • Price Per Sq Ft: 1.41
  • 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, Combination
  • Exterior Features: Tennis Court(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Assigned
  • 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: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1415.00
  • Outdoor Living Structures: Balcony
  • Zoning: PRC

Tax Info

  • Assessor Parcel Number: 161301748694

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Jan 28, 2013
Sold by
Flyer Irving N
Bought by
Stallone Theodore C
Seller's Agent
Teri Levine
Trademark Realty, Inc
Buyer's Agent
Rudy Robinson
Weichert, REALTORS
List Price
$155,000
Sold Price
$149,900
Premium/Discount to List
-$5,100
-3.29%
Current Estimated Value
$255,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,286
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Jul 26, 1999
Sold by
Flyer Irving N
Bought by
Flyer Irving N Tr

Purchase Details

Closed on
Oct 5, 1998
Sold by
Mildred H Weiner Tr Et Al
Bought by
Flyer Irving N and Flyer M
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
Stallone Theodore C $149,900 First American Title Ins Co
Flyer Irving N Tr -- --
Flyer Irving N $170,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Rented $2,000 0.0% --
06/30/2021 06/30/21 For Rent $2,000 +8.1% --
03/21/2019 03/21/19 Rented $1,850 0.0% --
03/14/2019 03/14/19 For Rent $1,850 0.0% --
02/03/2017 02/03/17 Sold $175,000 -5.4% $124 / Sq Ft View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
11/20/2016 11/20/16 For Sale $184,900 +23.3% $131 / Sq Ft
01/29/2013 01/29/13 Sold $149,900 0.0% $96 / Sq Ft View Prior Sale
12/04/2012 12/04/12 Pending -- -- --
11/28/2012 11/28/12 Price Changed $149,900 -3.3% $96 / Sq Ft
05/21/2012 05/21/12 For Sale $155,000 -- $99 / 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 $233,333 -- --
2024 $2,709 $230,000 $69,000 $161,000
2023 $2,592 $220,000 $0 $0
2022 $1,693 $210,000 $0 $0
2021 $2,257 $200,000 $60,000 $140,000
2020 $1,361 $186,667 $0 $0
2019 $1,959 $173,333 $0 $0
2018 $1,650 $160,000 $48,000 $112,000
2017 $131 $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: MDMC2002542

Bright MLS

APN: 13-01748694