NOT LISTED FOR SALE

3912 Chesterwood Dr Silver Spring, MD 20906

Estimated Value: $335,000 - $376,000

2 Beds
1.5 Baths
1,358 Sq Ft
$205/mo HOA Fee

Last Sold September 20, 2023

Last sale price $340,000 $250 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,294/month

37 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Level Entry For Accessibility
  • Bel Pre Elementary School Rated A-
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Welcome to 3912 Chesterwood Dr #3912 in Silver Spring, Maryland! This home is spacious and meticulously maintained. The updated home features a well-designed layout with an abundance of natural light, creating a warm and inviting atmosphere. The modern kitchen boasts high-quality appliances and sleek countertops, while the bedrooms offer a peaceful sanctuary with hardwood throughout and ample closet space. The bathrooms have been tastefully updated with stylish fixtures. Step outside to the private balcony/patio area and enjoy a serene outdoor oasis. Conveniently located, this property provides easy access to amenities and includes assigned parking and additional storage. Don't miss the opportunity to own this beautifully updated home in a well-maintained community, offering both comfort and convenience.

Last Agent to Sell the Property

Marc Dosik

(301) 910-9976 marc@callthefeds.com Century 21 Redwood Realty Listed on: 06/14/2023

Century 21 Redwood Realty

Last Buyer's Agent

Lily Ardila

(301) 502-2686 lilyc.ardila@gmail.com Fairfax Realty Premier License #660077

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1983

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,358 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Accessible Home Design

  • Level Entry For Accessibility

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303492495

Community Details

Overview

  • Association fees include pool(s), reserve funds, security gate, snow removal, trash
  • Low-Rise Condominium
  • Montgomery Chase Codm Community
  • Montgomery Chase Codm Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fenced around community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,683

Year Built

Built in 1983

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-06-15
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1358
  • Living Area Sq Ft: 1358
  • Price Per Sq Ft: 246.69
  • Above Grade Finished Sq Ft: 1358
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 21.83
  • 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: Yes
  • Condo Co-Op Fee: 205.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fencing, Pool - Outdoor, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Reserve Funds, Security Gate, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: R20
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2683.00
  • Assessor Parcel Number: 161303492495
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2020
Sold by
Selene Finance Lp
Bought by
Draughn Harry B
Current Estimated Value
$349,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,797
Outstanding Balance
$195,943
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$153,982

Purchase Details

Closed on
Jul 19, 2019
Sold by
Honarkar Mahshad and Gaynor John R
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Aug 12, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Gaynor John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,100
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Draughn Harry B $217,000 Community Setmnt Group Llc
Mtglq Investors Lp $250,000 None Available
Gaynor John R $298,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draughn Harry B $220,797
Previous Owner Gaynor John R $239,100
Previous Owner Gaynor John R $59,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $340,000 +1.5% $250 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $335,000 0.0% $247 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $335,000 -- $247 / 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 $265,000 -- --
2024 $2,958 $250,000 $75,000 $175,000
2023 $2,186 $243,333 $0 $0
2022 $1,991 $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 $2,272 $200,000 $60,000 $140,000
2017 $1,976 $183,333 $0 $0
2016 $2,083 $166,667 $0 $0
2015 $2,083 $150,000 $0 $0
2014 $2,083 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2094626

Bright MLS

APN: 13-03492495