NOT LISTED FOR SALE

3721 Ferrara Dr Silver Spring, MD 20906

North Kensington Neighborhood

Estimated Value: $485,822 - $550,000

3 Beds
4 Baths
1,440 Sq Ft
$360/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $350,000 $243 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,222/month

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Property is near a park
  • Wheaton High School Rated A
  • Deck
  • Wood Flooring

About This Home

As of January 2016

Lovingly maintained & gorgeously updated one-owner home!! MUST SEE!! Hardwood flrs, ceiling fans, new/newer appls, ceramic tile, new carpet, freshly painted. Eat-in kit & sep. dining rm. Deck, walk-out basement, patio, fenced backyard. Backs to trees. House is wired for generator! Two assigned parking spaces in front of house! 3 Metro stations within 2 miles! Choice of 5 High Schls & 3 Middle Sch.

Last Agent to Sell the Property

Charles Chapman

(240) 351-8214 Charlie@Theencoreteam.net RE/MAX Realty Services License #SP99125 Listed on: 12/04/2015

RE/MAX Realty Services

Co-Listed By

Debbie Browne

(240) 351-8212 debbie@encoreteam.net RE/MAX Realty Services License #579652

Last Buyer's Agent

Karen Mackey

(301) 775-1705 karen.mackey@c21redwood.com Century 21 Redwood Realty

Century 21 Redwood Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 1983

Lot Details

  • 1,900 Sq Ft Lot
  • Two or More Common Walls
  • Privacy Fence
  • Back Yard Fenced
  • Landscaped
  • No Through Street
  • Property is in very good condition

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • French Doors
  • Dining Area
  • Wood Flooring
  • Views of Woods
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Extra Refrigerator or Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry

Home Security

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a park

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 49
  • Assessor Parcel Number 161302015638

Community Details

Overview

  • Association fees include snow removal, common area maintenance
  • Garrett Forest Subdivision

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,283

Year Built

Built in 1983

Lot Details

0

HOA Fees

$86 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2015-12-04
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Dryer - Front Loading, Microwave, Oven - Self Cleaning, Water Heater, Extra Refrigerator/Freezer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Primary Bath(s), Window Treatments, Wood Floors
  • Window Features: Bay/Bow
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: French, Storm
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Walkout Level, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • 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 Front, Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: Trees/Woods
  • View: Yes
  • 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: 278.81
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan, Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Cooling: Yes
  • 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: 86.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Fencing: Rear, Privacy
  • Improvement Assessed Value: 117700.00
  • Land Assessed Value: 150000.00
  • Lot Features: No Thru Street, Backs - Parkland, Landscaping
  • Lot Size Acres: 0.04
  • Lot Size Area: 1900
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1900.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14054869
  • Tax Annual Amount: 3282.67
  • Assessor Parcel Number: 161302015638
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Jan 15, 2016
Sold by
Hawley Charles Benjamin and Randall Hawley Audrey
Bought by
Gurmu Yonas A
Seller's Agent
Charles Chapman
RE/MAX Realty Services
Buyer's Agent
Karen Mackey
Century 21 Redwood Realty
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$518,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,706
Avg. Annual Appreciation
4.10%
Original Mortgage
$332,500
Outstanding Balance
$264,531
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$254,175
Source: Public Records

Range of Values:

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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
Gurmu Yonas A $350,000 Title Town Settlements Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurmu Yonas A $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $350,000 0.0% $243 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
12/04/2015 12/04/15 For Sale $350,000 -- $243 / 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 $4,881 $407,833 -- --
2024 $4,881 $378,800 $160,000 $218,800
2023 $4,073 $370,200 $0 $0
2022 $3,757 $361,600 $0 $0
2021 $3,500 $353,000 $160,000 $193,000
2020 $3,500 $346,467 $0 $0
2019 $3,403 $339,933 $0 $0
2018 $3,312 $333,400 $150,000 $183,400
2017 $3,125 $311,500 $0 $0
2016 -- $289,600 $0 $0
2015 $642 $267,700 $0 $0
2014 $642 $260,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Chapman

    Seller's Agent in 2016

    Charles Chapman

    RE/MAX

    (240) 351-8214

    34 Total Sales

    Charles Chapman
    Section Image
  • Debbie Browne

    Seller Co-Listing Agent in 2016

    Debbie Browne

    RE/MAX

    (240) 351-8212

    24 Total Sales

    Debbie Browne
    Section Image
  • Karen Mackey

    Buyer's Agent in 2016

    Karen Mackey

    Century 21 Redwood Realty

    (301) 775-1705

    7 Total Sales

    Karen Mackey
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002391803

Bright MLS

APN: 13-02015638

Maryland Montgomery County Silver Spring 20902 North Kensington

3721 Ferrara Dr, Silver Spring, MD

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