NOT LISTED FOR SALE

3762 Bel Pre Rd Unit 8 Silver Spring, MD 20906

Estimated Value: $198,000 - $214,000

2 Beds
1 Bath
891 Sq Ft
$528/mo HOA Fee

Last Sold June 04, 2013

Last sale price $77,000 $86 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,720/month

11 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Upgraded Countertops
  • Bel Pre Elementary School Rated A-
  • Main Floor Bedroom
  • Balcony

About This Home

As of June 2013

No Wed showings! Exceptional value for this spacious 2 bedroom condo with balcony. Recent updts include kitchen w/ stainless steel appl., granite counters and ceramic tile floor, ceramic tiled bathroom & beautiful wood floors thru-out. Close to shops and public trans. Assigned prkng (337). Large and bright living room, Recessed lighting thru-out. Tenant needs 30 day notice to vacate

Last Agent to Sell the Property

Robert Lizardi

(202) 327-1577 rlizardi@cbmove.com Compass Listed on: 04/18/2013

Compass

Last Buyer's Agent

Gloria Rosario

(301) 442-0253 gloriarosariorealtor@gmail.com Realty Advantage of Maryland LLC

Realty Advantage of Maryland LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1978

Lot Details

  • 1,830

HOA Fees

  • $528 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 891 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Space Number Location: 337
  • Surface Parking
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161301860182

Community Details

Overview

  • Moving Fees Required
  • Association fees include air conditioning, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, heat, lawn maintenance, management, insurance, parking fee, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Fairways Community
  • Fairways Subdivision
  • The community has rules related to antenna installations, building or community restrictions, moving in times

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,224

Year Built

Built in 1978

Lot Details

0

HOA Fees

$528 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1978
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 891
  • Living Area Sq Ft: 891
  • Price Per Sq Ft: 103.25
  • Above Grade Finished Sq Ft: 891
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • 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: 1
  • Garage: No
  • Parking Features: Assigned, Surface
  • Parking Space Number Assigned: 337

Utilities

  • Refuse: 20.56
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 528.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Heat, Lawn Maintenance, Management, Insurance, Parking Fee, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Antenna, Building Restrictions, Moving Fees Required, Moving In Times, Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 42000.00
  • Land Assessed Value: 18000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14053235
  • Tax Annual Amount: 1224.46
  • Assessor Parcel Number: 161301860182
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jun 4, 2013
Sold by
Villegas Christopher Lee and Villegas Valladares John Sebastian
Bought by
Martinez Carmen L
Seller's Agent
Robert Lizardi
Compass
Buyer's Agent
Gloria Rosario
Realty Advantage of Maryland LLC
List Price
$92,000
Sold Price
$77,000
Premium/Discount to List
-$15,000
-16.3%
Current Estimated Value
$203,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,535
Avg. Annual Appreciation
8.11%
Original Mortgage
$69,300
Outstanding Balance
$49,208
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$154,327

Purchase Details

Closed on
Apr 30, 2010
Sold by
Ortega Mendez and Mendez Omar A
Bought by
Vanderbilt Mortgage And Finance In

Purchase Details

Closed on
Oct 23, 2006
Sold by
Barnwell Shirley C
Bought by
Mendez Ortega Omar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Barnwell Shirley C
Bought by
Mendez Ortega Omar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1997
Sold by
Stern Rita
Bought by
Barnwell Shirley C
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
Martinez Carmen L $77,000 Fatico
Vanderbilt Mortgage And Finance In $50,400 --
Mendez Ortega Omar A $190,000 --
Mendez Ortega Omar A $190,000 --
Barnwell Shirley C $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Carmen L $69,300
Previous Owner Mendez Ortega Omar A $152,000
Previous Owner Mendez Ortega Omar A $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Sold $77,000 -16.3% $86 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $92,000 -- $103 / 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 $1,456 $141,667 -- --
2024 $1,456 $120,000 $36,000 $84,000
2023 $683 $113,333 $0 $0
2022 $860 $106,667 $0 $0
2021 $949 $100,000 $30,000 $70,000
2020 $797 $93,333 $0 $0
2019 $646 $86,667 $0 $0
2018 $884 $80,000 $24,000 $56,000
2017 $130 $73,333 $0 $0
2016 $478 $66,667 $0 $0
2015 $478 $60,000 $0 $0
2014 $478 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003463628

Bright MLS

APN: 13-01860182