NOT LISTED FOR SALE

3812 Bel Pre Rd Unit 7-49 Silver Spring, MD 20906

Estimated Value: $200,000 - $307,000

2 Beds
2 Baths
908 Sq Ft
$499/mo HOA Fee

Last Sold April 28, 2016

Last sale price $80,000 $88 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $1,819/month

203 Days on Market

Highlights

  • Contemporary Architecture
  • Combination Kitchen and Living
  • Forced Air Heating and Cooling System
  • Bel Pre Elementary School Rated A-
  • Community Playground

About This Home

As of April 2016

APPROVED FOR LIST PRICE. NICE 2 BEDROOMS 2 BATHS CONDO WITH NICE VIEW, AND NEW CARPET. LARGE LIVING ROOM WITH PATIO. PROPERTY IS NOT FHA APPROVED.

Last Agent to Sell the Property

Hanifatu Kamara

(301) 814-2749 deeneaf2@gmail.com Shamms Properties, LLC License #626651 Listed on: 05/21/2015

Last Buyer's Agent

Alinda Iman

(301) 802-3162 alinda.iman@gmail.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $836

Year Built

  • Built in 1976

Lot Details

  • 1,960

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 908 Sq Ft Home
  • Property has 1 Level
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161301730176

Community Details

Overview

  • Association fees include gas, water, snow removal, management, exterior building maintenance
  • Shea Management Inc Community
  • Grand Bel Manor Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$836

Year Built

Built in 1976

Lot Details

0

HOA Fees

$499 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1976
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Flat
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 908
  • Living Area Sq Ft: 908
  • Price Per Sq Ft: 99.12
  • Above Grade Finished Sq Ft: 908
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: 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: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 20.27
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 499.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Gas, Water, Snow Removal, Management, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 49000.00
  • Land Assessed Value: 21000.00
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14051682
  • Tax Annual Amount: 836.31
  • Assessor Parcel Number: 161301730176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Apr 29, 2016
Sold by
Abiodun Abdul Medinat and Ogunlesi Medinat Abiodun
Bought by
Shah Llc
Seller's Agent
Hanifatu Kamara
Shamms Properties, LLC
Buyer's Agent
Alinda Iman
Compass
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%
Current Estimated Value
$229,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,294
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Feb 12, 2016
Sold by
Sofethan Estates Llc
Bought by
Abiodun Abdul Medinat and Ogunlesi Medinat Abiodun

Purchase Details

Closed on
Feb 2, 2011
Sold by
Abiodun Abdul Medinat and Ogunlesi Medinat Abiodun
Bought by
Sofethan Estates Llc

Purchase Details

Closed on
Dec 28, 2005
Sold by
Obialo Olanrewaju Nkem D
Bought by
Abiodun Abdul Medinat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.96%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2005
Sold by
Hoang Dai T
Bought by
Obialo Olanrewaju Nkem D
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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Purchase History

Date Buyer Sale Price Title Company
Shah Llc $80,000 Assure Title Llc
Abiodun Abdul Medinat $95,000 Assured Title Llc
Sofethan Estates Llc -- None Available
Abiodun Abdul Medinat $210,000 --
Abiodun Abdul Medinat $210,000 --
Obialo Olanrewaju Nkem D $170,000 --
Obialo Olanrewaju Nkem D $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abiodun Abdul Medinat $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $80,000 -11.1% $88 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/23/2015 11/23/15 For Sale $90,000 0.0% $99 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/20/2015 10/20/15 Price Changed $90,000 0.0% $99 / Sq Ft
10/20/2015 10/20/15 For Sale $90,000 +1.1% $99 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $89,000 -- $98 / 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 $146,667 -- --
2024 $1,456 $120,000 $36,000 $84,000
2023 $1,244 $113,333 $0 $0
2022 $860 $106,667 $0 $0
2021 $1,167 $100,000 $30,000 $70,000
2020 $1,146 $98,333 $0 $0
2019 $1,125 $96,667 $0 $0
2018 $1,049 $95,000 $28,500 $66,500
2017 $956 $86,667 $0 $0
2016 $1,170 $78,333 $0 $0
2015 $1,170 $70,000 $0 $0
2014 $1,170 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002336103

Bright MLS

APN: 13-01730176