NOT LISTED FOR SALE

3702 Ferrara Dr Silver Spring, MD 20906

North Kensington Neighborhood

Estimated Value: $423,000 - $487,000

3 Beds
3.5 Baths
1,400 Sq Ft
$330/Sq Ft Est. Value

Last Sold February 12, 2015

Last sale price $230,000 $164 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,941/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Heat Pump System
  • Wheaton High School Rated A
  • Central Air

About This Home

As of February 2015

Great investment opportunity, Property sold "AS IS" condition. Cash offer need Proof of Funds.

Last Agent to Sell the Property

Ana Park

(240) 565-7445 anaparkrun@gmail.com Vylla Home Listed on: 12/15/2014

Vylla Home

Last Buyer's Agent

Bet Onunkwo

(301) 388-2600 bertrand.onunkwo@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,567

Year Built

  • Built in 1983

Lot Details

  • 2,040 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Garrett Forest Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 161302015731
  • $226 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,567

Year Built

Built in 1983

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Full, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 283.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 83.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 124500.00
  • Land Assessed Value: 150000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2040
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2040.00
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14054878
  • Tax Annual Amount: 3566.53
  • Assessor Parcel Number: 161302015731
  • Tax Lot: 59
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Front Foot Fee: 225.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2015
Sold by
The Yohannes Group Llc
Bought by
Assefaw Mulu
Current Estimated Value
$472,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$212,789
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$249,153

Purchase Details

Listed on
Dec 15, 2014
Closed on
Jan 7, 2015
Sold by
Wells Fargo Bank Na
Bought by
The Yohannes Group Llc
Seller's Agent
Ana Park
Vylla Home
Buyer's Agent
Bet Onunkwo
Long & Foster Real Estate, Inc.
List Price
$199,900
Sold Price
$230,000
Premium/Discount to List
$30,100
15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Jun 26, 2014
Sold by
Soares Maria De Fatima and De Soares Maria Fatima
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 17, 2006
Sold by
Benitez Jennifer M
Bought by
Defatima Soares Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2006
Sold by
Benitez Jennifer M
Bought by
Defatima Soares Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2004
Sold by
Ernstes Deborah F
Bought by
Benitez Jennifer M and Benitez Mauricio Mendoza
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
Assefaw Mulu $274,500 Old Republic National Title
The Yohannes Group Llc $230,000 None Available
Wells Fargo Bank Na $195,000 First American Title Ins Co
Defatima Soares Maria $405,000 --
Defatima Soares Maria $405,000 --
Benitez Jennifer M $244,100 --
Benitez Jennifer M $244,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assefaw Mulu $270,000
Previous Owner Defatima Soares Maria $324,000
Previous Owner Defatima Soares Maria $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2015 02/12/15 Sold $230,000 +15.1% $164 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
12/15/2014 12/15/14 For Sale $199,900 -- $143 / 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 $4,606 $380,500 -- --
2024 $4,606 $354,900 $160,000 $194,900
2023 $3,803 $346,800 $0 $0
2022 $3,505 $338,700 $0 $0
2021 $3,250 $330,600 $160,000 $170,600
2020 $3,250 $323,833 $0 $0
2019 $3,151 $317,067 $0 $0
2018 $3,056 $310,300 $150,000 $160,300
2017 $3,670 $298,367 $0 $0
2016 -- $286,433 $0 $0
2015 $2,572 $274,500 $0 $0
2014 $2,572 $266,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Ana Park

    Vylla Home

    (240) 565-7445

    7 Total Sales

    Ana Park
    Section Image

  • B

    Buyer's Agent in 2015

    Bet Onunkwo

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003280236

Bright MLS

APN: 13-02015731

Maryland Montgomery County Silver Spring 20906 North Kensington

3702 Ferrara Dr, Silver Spring, MD

Not Listed for Sale

Townhouses

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