NOT LISTED FOR SALE

3846 Chesterwood Dr Silver Spring, MD 20906

Estimated Value: $350,000 - $377,000

3 Beds
2.5 Baths
1,346 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $260,000 $193 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,415/month

138 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Colonial Architecture
  • Bel Pre Elementary School Rated A-
  • Lake Privileges
  • Wood Flooring

About This Home

As of December 2018

Beautiful home only a short drive to the Glenmont Metro Station. Gated community. Well maintained upper-level townhome (on two levels) with 3 bedrooms and 2.5 baths. The eat-in kitchen features granite and stainless steel appliances. Enjoy walking to shopping and dining in Aspen Hill. Great location that is close to Olney, Rockville, Kensington and not too far from downtown Silver Spring.

Last Agent to Sell the Property

Thomas Powers

(301) 613-7253 thomas@powerhomes.com Long & Foster Real Estate, Inc. License #316483 Listed on: 04/27/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Noël Sesay

(202) 431-3119 noelsesay@gmail.com Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1983

HOA Fees

  • $261 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,346 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Lake Privileges
  • Porch

Schools

  • Bel Pre Elementary School
  • Argyle Middle School
  • John F. Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303493091

Community Details

Overview

  • Association fees include lawn maintenance
  • Montgomery Chase HOA
  • Montgomery Chase Community
  • Montgomery Chase Codm Subdivision
  • The community has rules related to covenants

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,462

Year Built

Built in 1983

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer, Washer/Dryer Stacked
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Eat-In, Kitchen - Table Space, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Top Floor
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1346
  • Living Area Sq Ft: 1346
  • Price Per Sq Ft: 200.52
  • Above Grade Finished Sq Ft: 1346
  • 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
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 19.92
  • 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
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 261.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Gated Community, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA Condo Co-Op Rules: Covenants
  • HOA Name: MONTGOMERY CHASE
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BEL PRE
  • High School: JOHN F. KENNEDY
  • Middle Or Junior School: ARGYLE

Lot Info

  • Improvement Assessed Value: 157500.00
  • Land Assessed Value: 67500.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098307
  • Tax Annual Amount: 2462.44
  • Assessor Parcel Number: 161303493091
  • 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
Apr 27, 2018
Closed on
Dec 10, 2018
Sold by
Rath Charles R and Rath Christine L
Bought by
Seifu Abinet Teshome and Abebe Peniel Tilahun
Seller's Agent
Thomas Powers
Long & Foster Real Estate, Inc.
Buyer's Agent
Noël Sesay
Compass
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%
Current Estimated Value
$360,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,525
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Jan 23, 2006
Sold by
Ridgewood I Townhomes Llc
Bought by
Rath Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,890
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 28, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Rath Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,120
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Seifu Abinet Teshome $260,000 Pure Title Llc
Rath Charles R $378,900 --
Rath Charles R $378,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rath Charles R $37,890
Previous Owner Rath Charles R $303,120
Previous Owner Rath Charles R $303,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2018 12/11/18 Sold $260,000 -3.7% $193 / Sq Ft
11/05/2018 11/05/18 Price Changed $269,900 -6.6% $201 / Sq Ft
09/12/2018 09/12/18 For Sale $289,000 0.0% $215 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
07/03/2018 07/03/18 Price Changed $289,000 0.0% $215 / Sq Ft
07/03/2018 07/03/18 For Sale $289,000 -3.3% $215 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $299,000 0.0% $222 / Sq Ft
11/24/2015 11/24/15 Rented $1,775 +1.4% --
11/24/2015 11/24/15 Under Contract -- -- --
10/21/2015 10/21/15 For Rent $1,750 0.0% --
08/11/2014 08/11/14 Rented $1,750 -6.7% --
08/11/2014 08/11/14 Under Contract -- -- --
06/11/2014 06/11/14 For Rent $1,875 +7.1% --
04/03/2012 04/03/12 Rented $1,750 -7.7% --
04/03/2012 04/03/12 Under Contract -- -- --
02/03/2012 02/03/12 For Rent $1,895 -- --
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 $3,073 $283,333 -- --
2024 $3,073 $260,000 $78,000 $182,000
2023 $3,032 $256,667 $0 $0
2022 $2,867 $253,333 $0 $0
2021 $2,825 $250,000 $75,000 $175,000
2020 $2,731 $241,667 $0 $0
2019 $1,944 $233,333 $0 $0
2018 $2,548 $225,000 $67,500 $157,500
2017 $2,378 $213,333 $0 $0
2016 -- $201,667 $0 $0
2015 $1,552 $190,000 $0 $0
2014 $1,552 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000454224

Bright MLS

APN: 13-03493091