NOT LISTED FOR SALE

3706 Castle Terrace Unit 118-13 Silver Spring, MD 20904

Estimated Value: $321,643 - $388,000

2 Beds
1.5 Baths
480 Sq Ft
$735/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $148,689 $310 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,346/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • En-Suite Primary Bedroom
  • Paint Branch High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of September 2016

TLB. 4.5% Buyer Premium chgd buyer at closing. No inspection contingency accepted on TLB Properties. REO. Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional offers only.

Last Agent to Sell the Property

David Sweeney

david.sweeney@rhss.com RealHome Services and Solutions, Inc. Listed on: 03/17/2016

Last Buyer's Agent

Chrys Bandon-Bibum

(301) 906-7918 bandonbibum@yahoo.com HomeSmart License #590742

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 1982

Lot Details

  • Two or More Common Walls

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 480 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Schools

  • Greencastle Elementary School
  • Benjamin Banneker Middle School
  • Paint Branch High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Ventura Codm Community
  • Ventura Codm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160502279010

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,885

Year Built

Built in 1982

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1982
  • Remarks Public: TLB. 4.5% Buyer Premium chgd buyer at closing. No inspection contingency accepted on TLB Properties. REO. Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional offers only.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 480
  • Living Area Sq Ft: 480
  • Price Per Sq Ft: 327.08
  • Above Grade Finished Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3706

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: 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: Off Street

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 220.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GREENCASTLE
  • Middle School: BENJAMIN BANNEKER
  • High School: PAINT BRANCH
  • School District Key: 121138126809
  • Elementary School: GREENCASTLE
  • High School: PAINT BRANCH
  • Middle Or Junior School: BENJAMIN BANNEKER

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13913977
  • Tax Annual Amount: 1885.16
  • Assessor Parcel Number: 160502279010
  • Tax Total Finished Sq Ft: 480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 09/07/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
Ndifor Wanka A
Bought by
Hawkins Arrin
Current Estimated Value
$352,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Outstanding Balance
$171,586
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$171,692

Purchase Details

Listed on
Mar 17, 2016
Closed on
Aug 15, 2016
Sold by
Us Bank National Association
Bought by
Ndifor Wanka
Seller's Agent
David Sweeney
RealHome Services and Solutions, Inc.
Buyer's Agent
Chrys Bandon-Bibum
HomeSmart
List Price
$167,400
Sold Price
$148,689
Premium/Discount to List
-$18,711
-11.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$126,517
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2008
Sold by
Daley Stephanie E
Bought by
Grier Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,980
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 5, 2007
Sold by
Daley Stephanie E
Bought by
Grier Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2005
Sold by
Allen Latricia R
Bought by
Daley Stephanie E

Purchase Details

Closed on
Jul 5, 2000
Sold by
Dassarma Sankar
Bought by
Allen Latricia R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hawkins Arrin $210,000 Sage Title Group Llc
Ndifor Wanka $148,689 None Available
Grier Julia $299,900 --
Grier Julia $299,900 --
Daley Stephanie E $250,000 --
Allen Latricia R $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Arrin $203,700
Previous Owner Ndifor Wanka $126,517
Previous Owner Grier Julia $59,980
Previous Owner Grier Julia $239,920
Previous Owner Grier Julia $239,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $148,689 -5.3% $310 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/15/2016 07/15/16 Price Changed $157,000 -6.2% $327 / Sq Ft
06/24/2016 06/24/16 For Sale $167,400 0.0% $349 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
05/04/2016 05/04/16 Price Changed $167,400 -6.7% $349 / Sq Ft
04/07/2016 04/07/16 Price Changed $179,500 -5.9% $374 / Sq Ft
03/17/2016 03/17/16 For Sale $190,800 -- $398 / 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 $3,171 $270,000 $81,000 $189,000
2024 $3,171 $241,667 $0 $0
2023 $2,018 $213,333 $0 $0
2022 $1,491 $185,000 $55,500 $129,500
2021 $1,639 $183,333 $0 $0
2020 $3,192 $181,667 $0 $0
2019 $3,131 $180,000 $54,000 $126,000
2018 $1,450 $170,000 $0 $0
2017 $1,984 $160,000 $0 $0
2016 $1,061 $150,000 $0 $0
2015 $1,061 $146,667 $0 $0
2014 $1,061 $143,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002410679

Bright MLS

APN: 05-02279010