NOT LISTED FOR SALE

3642 Castle Terrace Unit 112-12 Silver Spring, MD 20904

Estimated Value: $381,000 - $384,000

3 Beds
3 Baths
1,364 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $166,501 $122 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,413/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Living Room
  • Paint Branch High School Rated A-
  • Built-In Features
  • Laundry Room

About This Home

As of April 2012

Multiple offers in hand deadline to submit offers is Tuesday 3/6/12 5:00PM. New paint, carpet and kitchen/dining room ceramic tile. Spacious floor plan, large master bedroom with walk-in closet.Lower level walk out family room and plenty of storage. Awesome deck for BBQ's. Corporate owned, purchase property for 3% down! Approved for HomePath Mortgage financing. Contact listing agent for more info.

Last Agent to Sell the Property

Matthew Rowland

matt@mattrowlandgroup.com Samson Properties Listed on: 03/01/2012

Samson Properties

Last Buyer's Agent

Sailesh Shah

(240) 595-2000 sailesh.shah@gmail.com Globex Realty Inc. License #628610

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1982

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,364 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Ventura Community
  • Ventura Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160502242752
  • $226 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,835

Year Built

Built in 1982

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1982
  • Special Assessment Payment: Annually
  • Special Features: 20
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Built-Ins, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Full, Fully Finished, Improved, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 1364
  • Living Area Sq Ft: 1364
  • Price Per Sq Ft: 112.10
  • Above Grade Finished Sq Ft: 1364
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 50.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Property Condition: Very Good
  • Zoning: RH

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13913787
  • Tax Annual Amount: 2834.56
  • Assessor Parcel Number: 160502242752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Front Foot Fee: 225.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 20, 2012
Sold by
Fannie Mae
Bought by
Savla Bhavin M and Savla Bhavna B
Seller's Agent
Matthew Rowland
Samson Properties
Buyer's Agent
Sailesh Shah
Globex Realty Inc.
List Price
$152,900
Sold Price
$166,501
Premium/Discount to List
$13,601
8.9%
Current Estimated Value
$381,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,329
Avg. Annual Appreciation
6.33%
Original Mortgage
$161,505
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2011
Sold by
Onyechi Edward O and Onyechi Olivia A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 20, 2004
Sold by
Onyechi Edward O
Bought by
Onyechi Edward O

Purchase Details

Closed on
Oct 2, 1996
Sold by
Cunningham Donald E and Cunningham K M
Bought by
Onyechi Edward O
Source: Public Records

Range of Values:

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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
Savla Bhavin M $166,501 First American Title Insuran
Federal National Mortgage Association $303,000 None Available
Onyechi Edward O -- --
Onyechi Edward O -- --
Onyechi Edward O $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savla Bhavin M $161,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $166,501 +8.9% $122 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $152,900 -- $112 / 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 $3,650 $300,000 $90,000 $210,000
2024 $3,650 $283,333 $0 $0
2023 $2,745 $266,667 $0 $0
2022 $2,015 $250,000 $75,000 $175,000
2021 $2,300 $243,333 $0 $0
2020 $2,203 $236,667 $0 $0
2019 $4,234 $230,000 $69,000 $161,000
2018 $1,966 $216,667 $0 $0
2017 $1,753 $203,333 $0 $0
2016 -- $190,000 $0 $0
2015 $2,143 $190,000 $0 $0
2014 $2,143 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003875730

Bright MLS

APN: 05-02242752