NOT LISTED FOR SALE

3511 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $214,644 - $222,000

2 Beds
2 Baths
1,273 Sq Ft
$925/mo HOA Fee

Last Sold March 11, 2024

Last sale price $205,000 $161 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,249/month

4 Days on Market

Highlights

  • Bar or Lounge
  • Active Adult
  • Traditional Architecture
  • Fitness Center
  • Gated Community
  • Community Pool

About This Home

As of March 2024

55+ Premier Community, Ground floor Riviera Villa 2 Bedroom, 2 Full bath 1,273 square foot condominium. Brand New kitchen cabinets and granite counters. Both bathrooms have been updated, New vanities and toilets. Quartz countertop in primary bath en suite. Full size washer and dryer. Entire unit has been freshly painted and New carpet. New luxury vinyl plank flooring in both bathrooms. Covered carport and additional storage. All utilities are included in the monthly condo fee. Enjoy all the amenities that this community has to offer, golf course, two clubhouses, indoor and outdoor pools, tennis, pickleball, dining, and a full gym. The community also has a multitude of clubs and activities. Shopping and grocery store very close by, move in ready, please stop by to see this beautiful condo

Last Agent to Sell the Property

Richard Winkler

(301) 404-3105 rwinkler111@yahoo.com Weichert, REALTORS License #SP98376414 Listed on: 02/18/2024

Weichert, REALTORS

Co-Listed By

Sudha Baxter

(202) 368-8536 sudhabaxter@yahoo.com Weichert, REALTORS License #655575

Last Buyer's Agent

Brian Magliaro

(240) 876-4242 brianmdrealtor4@gmail.com RE/MAX Realty Centre, Inc.

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1977

Lot Details

  • 2,875

HOA Fees

  • $925 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,273 Sq Ft Home
  • Property has 1 Level
  • Security Gate

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Assigned parking located at #1C
  • 1 Assigned Parking Space

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161301748785

Community Details

Overview

  • Active Adult
  • Association fees include air conditioning, broadband, cable TV, common area maintenance, electricity, exterior building maintenance, health club, heat, high speed internet, lawn maintenance, management, pool(s), reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
  • $350 Other One-Time Fees
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Leisure World Subdivision, Riviera Villa Floorplan

Amenities

  • Bank or Banking On-Site
  • Billiard Room
  • Art Studio
  • Community Library
  • Bar or Lounge

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,746

Year Built

Built in 1977

Lot Details

0

HOA Fees

$925 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: No Stairs
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1977
  • Assigned Parking Space Numbers: 1C
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1273
  • Living Area Sq Ft: 1273
  • Price Per Sq Ft: 164.89
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached 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
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 925.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Art Studio, Bank / Banking On-Site, Bar/Lounge, Billiard Room, Cable, Fitness Center, Gated Community, Golf Course Membership Available, Library, Pool - Outdoor, Retirement Community, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Broadband, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Health Club, Heat, High Speed Internet, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 350.00
  • Other Fees Frequency: One Time

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Property Condition: Very Good
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1746.00
  • Assessor Parcel Number: 161301748785
  • 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
Feb 18, 2024
Closed on
Mar 11, 2024
Sold by
Frank Gregory M
Bought by
Condry Mark
Seller's Agent
Richard Winkler
Weichert, REALTORS
Buyer's Agent
Brian Magliaro
RE/MAX Realty Centre, Inc.
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Views
55
Current Estimated Value
$218,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,661
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Jun 15, 2017
Sold by
Rubin Sheldon A
Bought by
Frank Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1997
Sold by
Sheldon A and R
Bought by
Sheldon A Rubin Tr Et Al

Purchase Details

Closed on
Aug 22, 1994
Sold by
Eckerd Marcia B
Bought by
Rubin Sheldon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.61%
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
Condry Mark $205,000 Fidelity National Title
Condry Mark $205,000 Fidelity National Title
Frank Gregory M $130,000 None Available
Sheldon A Rubin Tr Et Al -- --
Rubin Sheldon A $101,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Gregory M $123,500
Previous Owner Rubin Sheldon A $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $205,000 -2.3% $161 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $209,900 -- $165 / 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 $1,236 $153,333 $0 $0
2021 $904 $140,000 $42,000 $98,000
2020 $828 $133,333 $0 $0
2019 $2,881 $126,667 $0 $0
2018 $682 $120,000 $36,000 $84,000
2017 $2,141 $113,333 $0 $0
2016 -- $106,667 $0 $0
2015 $1,178 $100,000 $0 $0
2014 $1,178 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2114002

Bright MLS

APN: 13-01748785