NOT LISTED FOR SALE

3948 Chesterwood Dr Silver Spring, MD 20906

Estimated Value: $323,207 - $368,000

2 Beds
1.5 Baths
1,332 Sq Ft
$182/mo HOA Fee

Last Sold July 29, 2019

Last sale price $260,000 $195 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,244/month

77 Days on Market

Highlights

  • Gated Community
  • Colonial Architecture
  • Wood Flooring
  • Bel Pre Elementary School Rated A-
  • Traditional Floor Plan
  • Main Floor Bedroom

About This Home

As of July 2019

Well maintained 2 bedrooms and 1.5 bathroom condo in a gated community. This home offers modern ceramic tiles in the kitchen with a separate dining room space, washer & dryer in unit, large bedrooms, and a private back patio. Low condo fees include community pool, playground, snow & landscape, roof & exterior maintenance. Assigned parking with lots of open parking. Close to shops.

Last Agent to Sell the Property

Delilah Dane

(301) 717-7755 delilah.dane@redfin.com Redfin Corp Listed on: 03/25/2019

Redfin Corp

Last Buyer's Agent

Paul Marston

(202) 247-1825 pm@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,378

Year Built

  • Built in 1983

HOA Fees

  • $182 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,332 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Stove
  • Cooktop
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 161303492690

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, parking fee, pool(s), road maintenance, sewer, snow removal, trash
  • Low-Rise Condominium
  • Montgomery Chase Community
  • Montgomery Chase Codm Subdivision

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Common Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,378

Year Built

Built in 1983

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single, Oven/Range - Gas, Stove, Washer
  • Interior Amenities: Carpet, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Upgraded Countertops, Wood Floors
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Full Bath, Half Bath
  • Basement: No
  • Total Sq Ft: 1332
  • Living Area Sq Ft: 1332
  • Price Per Sq Ft: 194.44
  • Above Grade Finished Sq Ft: 1332
  • 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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • 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: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 182.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Gated Community, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Parking Fee, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BEL PRE
  • High School: JOHN F. KENNEDY
  • Middle Or Junior School: PARKLAND

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 140000.00
  • Land Assessed Value: 60000.00
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098267
  • Tax Annual Amount: 2378.00
  • Assessor Parcel Number: 161303492690
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jul 12, 2019
Sold by
Pearce Teresa D
Bought by
Sanluis Arnulfo Lopez and Carcano Teresa Padilla
Seller's Agent
Delilah Dane
Redfin Corp
Buyer's Agent
Paul Marston
Long & Foster Real Estate, Inc.
List Price
$264,500
Sold Price
$260,000
Premium/Discount to List
-$4,500
-1.7%
Current Estimated Value
$344,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,552
Avg. Annual Appreciation
4.53%
Original Mortgage
$195,000
Outstanding Balance
$170,413
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$174,139

Purchase Details

Closed on
Nov 17, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Pearce Teresa D

Purchase Details

Closed on
Jul 28, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Pearce Teresa D
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
Sanluis Arnulfo Lopez $260,000 Kensington Realty Title Llc
Pearce Teresa D $309,900 --
Pearce Teresa D $309,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanluis Arnulfo Lopez $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $260,000 +0.4% $195 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
04/26/2019 04/26/19 Price Changed $259,000 -2.1% $194 / Sq Ft
03/25/2019 03/25/19 For Sale $264,500 -- $199 / 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 $256,667 -- --
2024 $2,958 $250,000 $75,000 $175,000
2023 $0 $243,333 $0 $0
2022 $1,991 $236,667 $0 $0
2021 $0 $230,000 $69,000 $161,000
2020 $0 $220,000 $0 $0
2019 $1,687 $210,000 $0 $0
2018 $1,580 $200,000 $60,000 $140,000
2017 $1,284 $183,333 $0 $0
2016 -- $166,667 $0 $0
2015 $1,391 $150,000 $0 $0
2014 $1,391 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Marston

    Buyer's Agent in 2019

    Paul Marston

    Long & Foster

    (202) 247-1825

    203 Total Sales

    Paul Marston
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Map

Source: Bright MLS

MLS Number: MDMC624506

Bright MLS

APN: 13-03492690

Maryland Montgomery County Silver Spring 20906

3948 Chesterwood Dr, Silver Spring, MD

Not Listed for Sale

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