NOT LISTED FOR SALE

3654 Edelmar Terrace Silver Spring, MD 20906

Estimated Value: $417,000 - $448,000

3 Beds
2 Baths
1,193 Sq Ft
$1,007/mo HOA Fee

Last Sold July 10, 2024

Last sale price $439,000 $368 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,645/month

2 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Active Adult
  • Bar or Lounge
  • Newspaper Service
  • Gated Community

About This Home

As of July 2024

Beautifully renovated Cabot model patio home in the 55+ community of Leisure World that lives like a resort! The LR features a soaring cathedral ceiling and wood-burning fireplace and opens to the separate dining area with sliding glass doors to the delightful patio! The kitchen features new SS appliances and quartz countertops and is partially open to the dining area. The gorgeous hall bath is brand new, and the primary bath was renovated some years back. Freshly painted throughout, this home also includes new LVP flooring in the LR, DR and kitchen, and new carpet in the 3 bedrooms. Brand new HVAC system and HWH in May of 2024! Newer windows, too. Parking is a breeze with the 2-car garage plus additional parking in the driveway. The nearby Clubhouse I includes 2 restaurants plus a pub, an outdoor pool and lanai, art studio, woodworking shop, ballroom and library. Clubhouse II includes the indoor pools, fitness center, billiards and ping pong rooms, auditorium and pickle ball courts. Other community amenities include a MedStar Health Center, an 18-hole golf course, 24-hour security and so much more! All utilities are included in the condo fee, even high-speed internet and cable TV, making this condo a terrific value in today's market!

Last Agent to Sell the Property

James Higgins

(301) 787-3209 jimhiggs@yahoo.com Weichert, REALTORS License #67870 Listed on: 06/11/2024

Weichert, REALTORS

Last Buyer's Agent

Dolores Maloney

(240) 223-7992 dolores.maloney@longandfoster.com Long & Foster Real Estate, Inc. License #638778

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,812

Year Built

  • Built in 1971

Lot Details

  • Property is in excellent condition

HOA Fees

  • $1,007 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Garage Structure
  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,193 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Window Treatments
  • Formal Dining Room
  • Carpet
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161301467774

Community Details

Overview

  • Active Adult
  • $3 Capital Contribution Fee
  • Association fees include bus service, electricity, exterior building maintenance, heat, high speed internet, insurance, management, pool(s), reserve funds, security gate, sewer, snow removal, water
  • Active Adult | Residents must be 55 or older
  • Leisure World Of MD HOA
  • Mutual 9 Condos
  • Leisure World Subdivision

Amenities

  • Newspaper Service
  • Picnic Area
  • Bank or Banking On-Site
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Art Studio
  • Community Library
  • Bar or Lounge

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,812

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,007 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Garage/Parking Space
  • Architectural Style: Ranch/Rambler
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Carpet, Floor Plan - Traditional, Formal/Separate Dining Room, Window Treatments, Upgraded Countertops, Stall Shower
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1193
  • Living Area Sq Ft: 1193
  • Price Per Sq Ft: 358.76
  • Above Grade Finished Sq Ft: 1193
  • 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: 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, Inside Access
  • 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, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • 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: 1007.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mutual 9
  • HOA Condo Co-Op Amenities: Art Studio, Bank / Banking On-Site, Bar/Lounge, Billiard Room, Cable, Club House, Fitness Center, Exercise Room, Gated Community, Golf Course, Jog/Walk Path, Library, Meeting Room, Newspaper Service, Picnic Area, Pool - Indoor, Pool - Outdoor, Retirement Community, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Bus Service, Electricity, Ext Bldg Maint, Heat, High Speed Internet, Insurance, Management, Pool(s), Reserve Funds, Security Gate, Sewer, Snow Removal, Water
  • HOA Name: LEISURE WORLD OF MD
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Capital Contribution Fee: 3.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4812.00
  • Assessor Parcel Number: 161301467774
  • 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
Jun 11, 2024
Closed on
Jul 10, 2024
Sold by
Speakes Leonard Mose and Schellhardt Theresa A
Bought by
Havens Jacquelyn
Seller's Agent
James Higgins
Weichert, REALTORS
Buyer's Agent
Dolores Maloney
Long & Foster Real Estate, Inc.
List Price
$428,000
Sold Price
$439,000
Premium/Discount to List
$11,000
2.57%
Views
48
Current Estimated Value
$433,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,576
Avg. Annual Appreciation
-0.85%
Original Mortgage
$351,200
Outstanding Balance
$347,037
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$86,387

Purchase Details

Closed on
Jun 16, 2005
Sold by
Mcniff Gerard L
Bought by
Speakes Leonard M
Source: Public Records
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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
Havens Jacquelyn $439,000 First American Title
Havens Jacquelyn $439,000 First American Title
Speakes Leonard M $393,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Havens Jacquelyn $351,200
Closed Havens Jacquelyn $351,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2024 07/10/24 Sold $439,000 +2.6% $368 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $428,000 -- $359 / 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 $4,450 $380,000 -- --
2024 $4,450 $370,000 $111,000 $259,000
2023 $2,996 $346,667 $0 $0
2022 $2,606 $323,333 $0 $0
2021 $2,730 $300,000 $90,000 $210,000
2020 $2,542 $283,333 $0 $0
2019 $4,708 $266,667 $0 $0
2018 $2,175 $250,000 $75,000 $175,000
2017 $1,974 $236,667 $0 $0
2016 -- $223,333 $0 $0
2015 $1,932 $210,000 $0 $0
2014 $1,932 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2125586

Bright MLS

APN: 13-01467774