NOT LISTED FOR SALE

3804 Palmira Ln Silver Spring, MD 20906

Estimated Value: $455,198 - $522,000

3 Beds
2 Baths
1,019 Sq Ft
$488/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $320,000 $314 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,009/month

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of August 2013

Great split level in Harmony Hills with hardwood floors on the main level, spacious bedrooms, large yard with patio and deck, and big driveway to provide a lot of off-street parking. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing

Last Agent to Sell the Property

Madlin Mahdawi

(301) 785-3300 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 05/23/2013

Last Buyer's Agent

Linda Funabashi

(202) 361-5378 goodluck500@gmail.com Realty Pros License #0225062921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 1957

Lot Details

  • 7,820 Sq Ft Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Dining Area

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 161301320586

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,115

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: 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: 368.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 75400.00
  • Land Assessed Value: 162600.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7820
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7820.00
  • Year Assessed: 2013
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14034554
  • Tax Annual Amount: 3114.97
  • Assessor Parcel Number: 161301320586
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 1019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 08/19/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2013
Closed on
Aug 22, 2013
Sold by
Federal National Mortgage Association
Bought by
Kebede Senait
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Linda Funabashi
Realty Pros
List Price
$336,900
Sold Price
$320,000
Premium/Discount to List
-$16,900
-5.02%
Current Estimated Value
$497,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,050
Avg. Annual Appreciation
3.68%
Original Mortgage
$310,400
Outstanding Balance
$230,372
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$266,678

Purchase Details

Closed on
May 29, 2013
Sold by
Figueroa Sharon
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 3, 2008
Sold by
Gonzaga Carlos
Bought by
Figueroa Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2007
Sold by
Gonzaga Carlos
Bought by
Figueroa Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2007
Sold by
Miller B Louise Tr
Bought by
Gonzaga Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2007
Sold by
Miller B Louise Tr
Bought by
Gonzaga Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2001
Sold by
Miller B Louise
Bought by
Miller B Louise Tr
Source: Public Records

Range of Values:

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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
Kebede Senait $320,000 First American Title Ins Co
Federal National Mortgage Association $401,732 None Available
Figueroa Sharon $455,000 --
Figueroa Sharon $455,000 --
Gonzaga Carlos $360,000 --
Gonzaga Carlos $360,000 --
Miller B Louise Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kebede Senait $310,400
Previous Owner Figueroa Sharon $409,500
Previous Owner Figueroa Sharon $409,500
Previous Owner Gonzaga Carlos $360,000
Previous Owner Gonzaga Carlos $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2013 08/19/13 Sold $320,000 -5.0% $314 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $336,900 -- $331 / 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 $4,824 $379,000 $168,400 $210,600
2024 $4,824 $355,500 $0 $0
2023 $3,836 $332,000 $0 $0
2022 $3,366 $308,500 $154,400 $154,100
2021 $3,150 $303,267 $0 $0
2020 $3,150 $298,033 $0 $0
2019 $3,057 $292,800 $162,500 $130,300
2018 $2,934 $283,900 $0 $0
2017 $2,879 $275,000 $0 $0
2016 $2,300 $266,100 $0 $0
2015 $2,300 $256,733 $0 $0
2014 $2,300 $247,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003532840

Bright MLS

APN: 13-01320586