NOT LISTED FOR SALE

3952 Chesterwood Dr Silver Spring, MD 20906

Estimated Value: $286,000 - $327,000

2 Beds
1.5 Baths
1,228 Sq Ft
$130/mo HOA Fee

Last Sold March 09, 2012

Last sale price $143,000 $116 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,027/month

14 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Breakfast Area or Nook
  • Bel Pre Elementary School Rated A-
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of March 2012

BANK JUST LOWERED ASKING PRICE- Beautiful 2BR/1.5BA Brick Townhome in Gated Community. Storage Space, Laundry Room, Kitchen overlooking Dining Room and Sunken Living Room, Leading to Rear Patio. Back On the Market-Offer fell through...*SHORT SALE**BANK HAS APPROVED THIS PRICE* QUICK TURN AROUND-SHOW AND SELL - gate code 0527 no sign on prop

Last Agent to Sell the Property

Sofia Ellis

(202) 412-3578 sofiaellisteam@gmail.com Samson Properties Listed on: 01/06/2012

Samson Properties

Last Buyer's Agent

Coley Reed

(301) 674-2829 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1983

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,228 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1.5 Bathrooms

Parking

  • Parking Space Number Location: 3952
  • Surface Parking
  • Parking Space Conveys

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303492325

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, insurance, snow removal, security gate
  • Low-Rise Condominium
  • Montgomery Chase Community
  • The community has rules related to covenants

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,888

Year Built

Built in 1983

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1983
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Terrace
  • Levels Count: 2
  • Room List: Master Bedroom, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1228
  • Living Area Sq Ft: 1228
  • Price Per Sq Ft: 116.45
  • Above Grade Finished Sq Ft: 1228
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys, Surface
  • Parking Space Number Assigned: 3952

Utilities

  • Refuse: 20.25
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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: 130.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Gated Community, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Insurance, Snow Removal, Security Gate
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Multi Family

  • Metering: Fully Separate

Tax Info

  • Assessor Parcel Number: 14098230
  • Tax Annual Amount: 1888.26
  • Assessor Parcel Number: 161303492325
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2012
Closed on
Mar 9, 2012
Sold by
Geffrard Elsie
Bought by
Seto Hansen Chia
Seller's Agent
Sofia Ellis
Samson Properties
Buyer's Agent
Coley Reed
Long & Foster Real Estate, Inc.
List Price
$143,000
Sold Price
$143,000
Current Estimated Value
$313,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,283
Avg. Annual Appreciation
5.87%
Original Mortgage
$107,250
Outstanding Balance
$73,638
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$239,645

Purchase Details

Closed on
Oct 31, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Geffrard Elsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,150
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Geffrard Elsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,150
Interest Rate
5.79%
Mortgage Type
New Conventional
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
Seto Hansen Chia $143,000 Fntic
Geffrard Elsie $274,900 --
Geffrard Elsie $274,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seto Hansen Chia $107,250
Previous Owner Geffrard Elsie $261,150
Previous Owner Geffrard Elsie $261,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $143,000 0.0% $116 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $143,000 -- $116 / 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 $261,667 -- --
2024 $2,958 $250,000 $75,000 $175,000
2023 $2,186 $243,333 $0 $0
2022 $1,908 $236,667 $0 $0
2021 $1,912 $230,000 $69,000 $161,000
2020 $1,800 $220,000 $0 $0
2019 $1,687 $210,000 $0 $0
2018 $1,576 $200,000 $60,000 $140,000
2017 $1,265 $183,333 $0 $0
2016 -- $166,667 $0 $0
2015 $1,284 $150,000 $0 $0
2014 $1,284 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003809054

Bright MLS

APN: 13-03492325