NOT LISTED FOR SALE

3618 Edelmar Terrace Silver Spring, MD 20906

Estimated Value: $303,000 - $328,000

2 Beds
1 Bath
850 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $325,000 $382 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,818/month

1 Day on Market

Highlights

  • Golf Club
  • Active Adult
  • Community Indoor Pool
  • Fitness Center
  • Gated Community
  • Sun or Florida Room

About This Home

As of May 2024

A great opportunity to own a little piece of Sunshine in Leisure World of MD, an age 55 and over gated community. This 2 bedroom 1 full bath home includes an additional sunroom and a 2 garage! Also included is and enclosed patio for your privacy or for your furry friends to hang out. Full Sized washer and dryer is in the property. The bathtub has been converted into a shower with glass doors.

Last Agent to Sell the Property

Eve Marinik

(410) 514-5999 evemhomes@gmail.com Samson Properties Listed on: 04/24/2024

Samson Properties

Last Buyer's Agent

Eloa Gray

(866) 997-2445 mdinnovativerealtor@gmail.com EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1971

Lot Details

  • 7,275

HOA Fees

  • $1 One-Time Association Fee

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Semi-Detached or Twin Home
  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 850 Sq Ft Home
  • Property has 1 Level
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161301467898

Community Details

Overview

  • Active Adult
  • $933 Monthly HOA Fees
  • Association fees include cable TV, exterior building maintenance, high speed internet, lawn maintenance, management, pool(s), reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
  • Active Adult | Residents must be 55 or older
  • Leisure World HOA
  • Rossmoor Mutual #9 Condos

Amenities

  • Common Area
  • Bank or Banking On-Site
  • Game Room
  • Billiard Room
  • Community Center

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,757

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Bungalow
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-24
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Sun/Florida Room
  • Basement: No
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Price Per Sq Ft: 351.76
  • Above Grade Finished Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1.00
  • HOA Fee Frequency: One Time
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 933.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Rossmoor Mutual #9
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Billiard Room, Cable, Common Grounds, Community Center, Fitness Center, Game Room, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Pool - Indoor, Pool - Outdoor, Retirement Community, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Ext Bldg Maint, High Speed Internet, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA Name: LEISURE WORLD
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2757.00
  • Assessor Parcel Number: 161301467898
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
May 17, 2024
Sold by
Kern Lydia
Bought by
Carothers Linder
Seller's Agent
Eve Marinik
Samson Properties
Buyer's Agent
Eloa Gray
EXP Realty, LLC
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%
Views
87
Current Estimated Value
$317,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,517
Avg. Annual Appreciation
-1.42%
Original Mortgage
$211,250
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1987
Bought by
Kern Harold L and Kern L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carothers Linder $325,000 Bayview Title
Kern Harold L $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carothers Linder $211,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $325,000 +8.7% $382 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $299,000 -- $352 / 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 $2,896 $253,333 -- --
2024 $2,896 $235,000 $70,500 $164,500
2023 $2,065 $228,333 $0 $0
2022 $1,787 $221,667 $0 $0
2021 $1,771 $215,000 $64,500 $150,500
2020 $1,552 $196,667 $0 $0
2019 $2,709 $178,333 $0 $0
2018 $1,181 $160,000 $48,000 $112,000
2017 $1,169 $156,667 $0 $0
2016 -- $153,333 $0 $0
2015 $1,235 $150,000 $0 $0
2014 $1,235 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2128530

Bright MLS

APN: 13-01467898