NOT LISTED FOR SALE

3816 Chesterwood Dr Silver Spring, MD 20906

Estimated Value: $295,000 - $329,000

2 Beds
1.5 Baths
1,256 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $179,000 $143 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,920/month

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Bel Pre Elementary School Rated A-
  • Community Pool

About This Home

As of March 2020

Lovely 2 BR/1.5 BA Condo available in Silver Spring. This upper-level condo has an entryway landing with tiled flooring, full hall bath with tub/shower and linen closet, hall coat closet and additional linen closet, and two spacious carpeted bedrooms including a master with double door closets. The down stairs has laminate wood flooring throughout a living room/dining room combo with crown molding, and kitchen with upgraded lighting, breakfast bar, and all stainless appliances including a mounted microwave and dishwasher. Hallway half bath, and laundry room with additional storage, and hall closet. There is also a private back patio from the living room for relaxing!Pets welcome with additional deposit!Application Qualifications: Minimum income of 3 times the monthly rent, no evictions or recent filings, current accounts in good standing, and a clean criminal background check.

Last Agent to Rent the Property

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 02/28/2020

Last Renter's Agent

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 02/28/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 1983

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,256 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Public Septic

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,725
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 4/15/20
  • $40 Application Fee
  • Assessor Parcel Number 161303492267

Community Details

Overview

  • No Home Owners Association
  • Montgomery Chase Community

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,958

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Date Available: 2020-04-15
  • Application Fee: 40.00
  • Pets Allowed: No
  • Security Deposit: 1725.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 1256
  • Living Area Sq Ft: 1256
  • Price Per Sq Ft: 1.37
  • Above Grade Finished Sq Ft: 1256
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: R20

Tax Info

  • Assessor Parcel Number: 14098224
  • Assessor Parcel Number: 161303492267

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Oct 21, 2016
Sold by
Salman Noura
Bought by
Tran Alcina Hoang
Seller's Agent
Allison Carle
Compass
Buyer's Agent
Wayne Mann
Samson Properties
List Price
$194,000
Sold Price
$179,000
Premium/Discount to List
-$15,000
-7.73%
Current Estimated Value
$317,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,763
Avg. Annual Appreciation
6.52%
Original Mortgage
$169,000
Outstanding Balance
$135,313
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$182,450

Purchase Details

Closed on
Apr 13, 2007
Sold by
Elkhatib Noura
Bought by
Salman Noura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
6.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 26, 2007
Sold by
Elkhatib Noura
Bought by
Salman Noura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
6.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 27, 2006
Sold by
Ridgewood I Townhomes Llc
Bought by
Elkhatib Noura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,275
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 21, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Elkhatib Noura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,800
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tran Alcina Hoang $179,000 Lakeside Title Co
Salman Noura -- --
Salman Noura -- --
Elkhatib Noura $308,500 --
Elkhatib Noura $308,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Alcina Hoang $169,000
Previous Owner Salman Noura $267,200
Previous Owner Salman Noura $267,200
Previous Owner Elkhatib Noura $46,275
Previous Owner Elkhatib Noura $246,800
Previous Owner Elkhatib Noura $246,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2020 03/18/20 Rented $1,700 -1.4% --
03/13/2020 03/13/20 Price Changed $1,725 -1.4% $1 / Sq Ft
03/10/2020 03/10/20 For Rent $1,750 0.0% --
02/28/2020 02/28/20 Off Market $1,750 -- --
03/27/2019 03/27/19 Rented $1,745 0.0% --
02/20/2019 02/20/19 For Rent $1,745 0.0% --
10/21/2016 10/21/16 Sold $179,000 -7.7% $143 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $194,000 -- $154 / 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 $2,958 $261,667 -- --
2024 $2,958 $250,000 $75,000 $175,000
2023 $2,878 $243,333 $0 $0
2022 $1,908 $236,667 $0 $0
2021 $1,912 $230,000 $69,000 $161,000
2020 $2,492 $220,000 $0 $0
2019 $2,379 $210,000 $0 $0
2018 $1,580 $200,000 $60,000 $140,000
2017 $1,976 $183,333 $0 $0
2016 -- $166,667 $0 $0
2015 $1,976 $150,000 $0 $0
2014 $1,976 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2020

    Michael MacKay

    Bay Property Management Group

    (240) 778-3264

    Michael MacKay
    Section Image
  • Allison Carle

    Seller's Agent in 2016

    Allison Carle

    Compass

    (202) 905-5401

    25 Total Sales

    Allison Carle
    Section Image
  • Wayne Mann

    Buyer's Agent in 2016

    Wayne Mann

    Samson Properties

    (240) 388-0076

    38 Total Sales

    Wayne Mann
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC697824

Bright MLS

APN: 13-03492267

Maryland Montgomery County Silver Spring 20906

3816 Chesterwood Dr, Silver Spring, MD

Not Listed for Sale

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