NOT LISTED FOR SALE

3807 Chesterwood Dr Unit 1 Silver Spring, MD 20906

Estimated Value: $363,000 - $388,000

3 Beds
2.5 Baths
1,441 Sq Ft
$252/mo HOA Fee

Last Sold May 15, 2018

Last sale price $269,900 $187 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,495/month

27 Days on Market

Highlights

  • Gated Community
  • Colonial Architecture
  • Breakfast Area or Nook
  • Bel Pre Elementary School Rated A-
  • Traditional Floor Plan
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

This FHA Approved, terrifically spacious, 3BR 2.5BA, 2-level condo in gated community is Freshly painted with newer carpeting and updated tiling, it's ready to go! Ease of access and great community surroundings make this one a real winner. Open floor plan provides the kind of space that's greatly appreciated and much sought after. Run, don't walk and make this one yours today!

Last Agent to Sell the Property

Jocelyn McClure

(301) 219-9578 jocelynmcclure@msn.com RE/MAX Allegiance License #509166 Listed on: 03/13/2018

RE/MAX Allegiance

Last Buyer's Agent

Olga Hernandez

(202) 361-6311 olgashernandez@gmail.com Realty Advantage of Maryland LLC License #593843

Realty Advantage of Maryland LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,378

Year Built

  • Built in 1983

Lot Details

  • Property is in very good condition

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,441 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Combination Dining and Living Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Parking

  • Parking Space Number Location: 3807
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303493466

Community Details

Overview

  • Association fees include exterior building maintenance
  • Montgomery Chase Community
  • Montgomery Chase Codm Subdivision

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,378

Year Built

Built in 1983

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2018-03-13
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area, Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1441
  • Living Area Sq Ft: 1441
  • Price Per Sq Ft: 187.30
  • Above Grade Finished Sq Ft: 1441
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: 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
  • Parking Space Number Assigned: 3807

Utilities

  • Refuse: 19.92
  • 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: 252.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Gated Community
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 133000.00
  • Land Assessed Value: 57000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098344
  • Tax Annual Amount: 2378.45
  • Assessor Parcel Number: 161303493466
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 15, 2018
Sold by
Smith Barbara
Bought by
Maldonado Osmar A
Seller's Agent
Jocelyn McClure
RE/MAX Allegiance
Buyer's Agent
Olga Hernandez
Realty Advantage of Maryland LLC
List Price
$259,500
Sold Price
$269,900
Premium/Discount to List
$10,400
4.01%
Current Estimated Value
$375,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,672
Avg. Annual Appreciation
4.47%
Original Mortgage
$265,010
Outstanding Balance
$228,024
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$147,548

Purchase Details

Closed on
May 31, 2006
Sold by
Ridgewood I Townhomes Llc
Bought by
Smith Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Ridgewood I Townhomes Llc
Bought by
Smith Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Maldonado Osmar A $269,900 United Title & Escrowllc
Smith Barbara E $359,900 --
Smith Barbara E $359,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Osmar A $265,010
Previous Owner Smith Barbara E $287,920
Previous Owner Smith Barbara E $287,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $269,900 0.0% $187 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $269,900 +4.0% $187 / Sq Ft
03/13/2018 03/13/18 For Sale $259,500 -- $180 / 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 $3,188 $296,667 -- --
2024 $3,188 $270,000 $81,000 $189,000
2023 $3,800 $263,333 $0 $0
2022 $2,212 $256,667 $0 $0
2021 $2,133 $250,000 $75,000 $175,000
2020 $2,039 $241,667 $0 $0
2019 $1,944 $233,333 $0 $0
2018 $1,856 $225,000 $67,500 $157,500
2017 $2,378 $213,333 $0 $0
2016 -- $201,667 $0 $0
2015 $2,298 $190,000 $0 $0
2014 $2,298 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000231652

Bright MLS

APN: 13-03493466