NOT LISTED FOR SALE

3940 Bel Pre Rd Unit 1 Silver Spring, MD 20906

Estimated Value: $173,000 - $195,000

2 Beds
2 Baths
976 Sq Ft
$727/mo HOA Fee

Last Sold August 27, 2020

Last sale price $110,000 $113 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,841/month

Highlights

  • Traditional Architecture
  • Community Pool
  • Patio
  • Bel Pre Elementary School Rated A-
  • Walk-In Closet
  • Picnic Area

About This Home

As of August 2020

Motivated seller, a bottom unit with back door access into the unit that overlooks the common area. Condo in excellent condition, move-in. Close to shopping and public transportation. Condo fees include utilities, pools, tennis courts. Please park in visitor parking.

Last Agent to Sell the Property

Sandra Quiroga

(301) 455-4353 sandraevq@gmail.com Smart Realty, LLC License #574288 Listed on: 07/30/2020

Smart Realty, LLC

Last Buyer's Agent

Alex Martinez

(240) 258-2668 listings@tccre.org The Agency DC License #BR98379367

The Agency DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 1970

Lot Details

  • 2,004

HOA Fees

  • $727 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Front

Interior Spaces

  • 976 Sq Ft Home
  • Property has 4 Levels
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Kitchen in Efficiency Studio

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301632851

Community Details

Overview

  • Association fees include reserve funds, snow removal, trash, water, common area maintenance, electricity, gas, lawn maintenance, pool(s), recreation facility
  • Low-Rise Condominium
  • Grand Bel Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,087

Year Built

Built in 1970

Lot Details

0

HOA Fees

$727 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Remarks Public: Motivated seller, a bottom unit with back door access into the unit that overlooks the common area. Condo in excellent condition, move-in. Close to shopping and public transportation. Condo fees include utilities, pools, tennis courts. Please park in visitor parking.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Kitchen - Efficiency, Combination Kitchen/Dining, Walk-In Closet(s), Ceiling Fan(s)
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 976
  • Living Area Sq Ft: 976
  • Price Per Sq Ft: 112.70
  • Above Grade Finished Sq Ft: 976
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3940

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, Below Grade
  • Construction Materials: Brick Front
  • Exterior Features: Sidewalks, Street Lights, Tennis Court(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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: Yes
  • Condo Co-Op Fee: 726.67
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Reserved/Assigned Parking, Picnic Area, Extra Storage, Common Grounds
  • HOA Condo Co-Op Fee Includes: Reserve Funds, Snow Removal, Trash, Water, Common Area Maintenance, Electricity, Gas, Lawn Maintenance, Pool(s), Recreation Facility
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 70000.00
  • Land Assessed Value: 30000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2020
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14050328
  • Tax Annual Amount: 1087.00
  • Assessor Parcel Number: 161301632851
  • Tax Total Finished Sq Ft: 976
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/27/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 27, 2020
Sold by
Olorvida Cresencia Asayas
Bought by
Bencio Deogracias Samonte and Bencio Yolanda Ogalesco
Seller's Agent
Sandra Quiroga
Smart Realty, LLC
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$188,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,242
Avg. Annual Appreciation
11.02%

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jun 28, 2013
Sold by
Mejia Rosali and Mejia Sonia E
Bought by
Olovida Cresencia Asayas
Seller's Agent
Elena Arevalo
Keller Williams Capital Properties
Buyer's Agent
Sandra Quiroga
Smart Realty, LLC
List Price
$75,000
Sold Price
$78,000
Premium/Discount to List
$3,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Sep 23, 2004
Sold by
Yassin Kassim A
Bought by
Mejia Rosali and Mejia Sonia E

Purchase Details

Closed on
Jun 18, 2002
Sold by
Arcila Carlos A
Bought by
Yassin Kassim A
Source: Public Records

Range of Values:

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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
Bencio Deogracias Samonte $110,000 Covenant Title & Escrow
Olovida Cresencia Asayas $78,000 Advanced Title & Settlements
Mejia Rosali $146,000 --
Yassin Kassim A $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2020 08/27/20 Sold $110,000 0.0% $113 / Sq Ft
07/31/2020 07/31/20 For Sale $110,000 0.0% $113 / Sq Ft
07/30/2020 07/30/20 Off Market $110,000 -- --
07/30/2020 07/30/20 For Sale $110,000 +41.0% $113 / Sq Ft
06/28/2013 06/28/13 Sold $78,000 +4.0% $80 / Sq Ft View Prior Sale
05/16/2013 05/16/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $75,000 -- $77 / 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 $1,397 $128,333 -- --
2024 $1,397 $115,000 $34,500 $80,500
2023 $1,336 $110,000 $0 $0
2022 $1,224 $105,000 $0 $0
2021 $1,165 $100,000 $30,000 $70,000
2020 $790 $96,667 $0 $0
2019 $790 $93,333 $0 $0
2018 $994 $90,000 $27,000 $63,000
2017 $979 $81,667 $0 $0
2016 -- $73,333 $0 $0
2015 $478 $65,000 $0 $0
2014 $478 $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sandra Quiroga

    Smart Realty, LLC

    (301) 455-4353

    3 in this area

    12 Total Sales

    Sandra Quiroga
    Section Image
  • Alex Martinez

    Buyer's Agent in 2020

    Alex Martinez

    The Agency DC

    (240) 258-2668

    14 in this area

    1,070 Total Sales

    Alex Martinez
    Section Image
  • Elena Arevalo

    Seller's Agent in 2013

    Elena Arevalo

    Keller Williams Capital Properties

    (301) 518-5179

    3 in this area

    53 Total Sales

    Elena Arevalo
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC718922

Bright MLS

APN: 13-01632851

Maryland Montgomery County Silver Spring 20906

3940 Bel Pre Rd Unit 1, Silver Spring, MD

This home is located at 3940 Bel Pre Rd Unit 1, Silver Spring, MD 20906 since 30 July 2020 and is currently estimated at $188,242, approximately $192 per square foot. This property was built in 1970. 3940 Bel Pre Rd Unit 1 is a home located in Montgomery County with nearby schools including Bel Pre Elementary School, Strathmore Elementary School, and Argyle Middle School.

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