NOT LISTED FOR SALE

3942 Bel Pre Rd Unit 8 Silver Spring, MD 20906

Estimated Value: $177,000 - $218,000

2 Beds
2 Baths
1,000 Sq Ft
$642/mo HOA Fee

Last Sold March 22, 2016

Last sale price $93,000 $93 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,843/month

115 Days on Market

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Living Room
  • Bel Pre Elementary School Rated A-
  • Eat-In Kitchen
  • Summer or Winter Changeover Switch For Heating

About This Home

As of March 2016

Welcome to this spacious updated two bedroom and two full bathroom condo! Recent updates include new paint and flooring throughout, updated kitchen and bathrooms. Located minutes from serval shopping centers, and restaurants. Easy access to Glenmont Metro Station, and Rt 200. This condo will not last!

Last Agent to Sell the Property

Claudia Matus

(301) 970-2447 matushomes@gmail.com Taylor Properties Listed on: 11/02/2015

Taylor Properties

Last Buyer's Agent

Chrys Bandon-Bibum

(301) 906-7918 bandonbibum@yahoo.com HomeSmart License #590742

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $885

Year Built

  • Built in 1974

Lot Details

  • 2,004

HOA Fees

  • $642 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Summer or Winter Changeover Switch For Heating
  • Natural Gas Water Heater

Community Details

  • Association fees include air conditioning, electricity, gas, heat, management, insurance, sewer, trash, water
  • Low-Rise Condominium
  • Grand Bel II Community
  • Grand Bel Subdivision
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 161301633002

Property Details

Home Type

Condominium

Est. Annual Taxes

$885

Year Built

Built in 1974

Lot Details

0

HOA Fees

$642 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: 1974
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Top Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 95.00
  • Above Grade Finished Sq Ft: 1000
  • 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: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 19.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Summer/Winter Changeover
  • 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: 642.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Gas, Heat, Management, Insurance, Sewer, Trash, Water
  • HOA Condo Co-Op Rules: Parking
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 52500.00
  • Land Assessed Value: 22500.00
  • Property Attached Yn: Yes
  • Zoning: PRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14050343
  • Tax Annual Amount: 885.14
  • Assessor Parcel Number: 161301633002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2015
Closed on
Mar 22, 2016
Sold by
Mudhar Bhupinder S
Bought by
Nkouaze Irene M
Seller's Agent
Claudia Matus
Taylor Properties
Buyer's Agent
Chrys Bandon-Bibum
HomeSmart
List Price
$100,000
Sold Price
$93,000
Premium/Discount to List
-$7,000
-7%
Current Estimated Value
$204,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,577
Avg. Annual Appreciation
8.36%
Original Mortgage
$83,700
Outstanding Balance
$66,182
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$138,395

Purchase Details

Closed on
Jun 1, 2010
Sold by
Tamrakar Dinesh K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 26, 2007
Sold by
Schuler Francis M
Bought by
Tamrakar Dinesh K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2006
Sold by
Schuler Francis M
Bought by
Tamrakar Dinesh K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
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
Nkouaze Irene M $93,000 Milestone Title Llc
Federal National Mortgage Association $194,538 --
Tamrakar Dinesh K $220,000 --
Tamrakar Dinesh K $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nkouaze Irene M $83,700
Previous Owner Tamrakar Dinesh K $178,400
Previous Owner Tamrakar Dinesh K $178,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $93,000 -2.1% $93 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/05/2016 02/05/16 Price Changed $95,000 -5.0% $95 / Sq Ft
02/02/2016 02/02/16 For Sale $100,000 0.0% $100 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/26/2016 01/26/16 Price Changed $100,000 -13.0% $100 / Sq Ft
11/20/2015 11/20/15 Price Changed $115,000 -4.2% $115 / Sq Ft
11/02/2015 11/02/15 For Sale $120,000 -- $120 / 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 $1,570 $148,333 -- --
2024 $1,570 $130,000 $39,000 $91,000
2023 $1,528 $126,667 $0 $0
2022 $994 $123,333 $0 $0
2021 $1,388 $120,000 $36,000 $84,000
2020 $1,199 $111,667 $0 $0
2019 $1,011 $103,333 $0 $0
2018 $1,049 $95,000 $28,500 $66,500
2017 $302 $88,333 $0 $0
2016 -- $81,667 $0 $0
2015 -- $75,000 $0 $0
2014 -- $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002387175

Bright MLS

APN: 13-01633002