NOT LISTED FOR SALE

400 Vierling Dr Silver Spring, MD 20904

Estimated Value: $816,000 - $863,694

5 Beds
3.5 Baths
3,878 Sq Ft
$215/Sq Ft Est. Value

Last Sold January 24, 2023

Last sale price $461,000 $119 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,086/month

49 Days on Market

Highlights

  • 1.14 Acre Lot
  • Recreation Room
  • Sun or Florida Room
  • Westover Elementary School Rated A
  • 2 Fireplaces
  • No HOA

About This Home

As of January 2023

This is a BANK OWNED property NOT a short sale . Great location for this large split level home located on a large over 1 acre lot; The home requires total renovation and is NOT habitable in very poor condition will NOT qualify for traditional Conventional or FHA financing, Being sold in AS-IS condition exempt from all disclosures/disclaimers bank will make no repairs
All offers must be submitted by selling agent using the management system using link in agent remark section. Selling agent to pay $150.00 management fee at closing. Offers will be reviewed after home has been in MLS for 7 days
There are multiple offers and the seller is requesting best and final offer by 12/22/2022 11:59 PM Mountain time The seller has encouraged buyers to make a solid offer with NO contingences

Last Agent to Sell the Property

John Radcliffe

jradrltr@aol.com Weichert, REALTORS Listed on: 11/10/2022

Weichert, REALTORS

Last Buyer's Agent

Richard Minor

(301) 502-1414 richminordc@verizon.net Taylor Properties License #514373

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,801

Year Built

  • Built in 1961

Lot Details

  • 1.14 Acre Lot
  • Property is zoned R200

Parking

  • 3 Car Attached Garage
  • Front Facing Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Recreation Room
  • Sun or Florida Room

Bedrooms and Bathrooms

Basement

  • Connecting Stairway
  • Basement with some natural light

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Drumeldra Hills Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160500314055

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,801

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Remarks Public: This is a BANK OWNED property NOT a short sale . Great location for this large split level home located on a large over 1 acre lot; The home requires total renovation and is NOT habitable in very poor condition will NOT qualify for traditional Conventional or FHA financing, Being sold in AS-IS condition exempt from all disclosures/disclaimers bank will make no repairs All offers must be submitted by selling agent using the management system using link in agent remark section. Selling agent to pay $150.00 management fee at closing. Offers will be reviewed after home has been in MLS for 7 days There are multiple offers and the seller is requesting best and final offer by 12/22/2022 11:59 PM Mountain time The seller has encouraged buyers to make a solid offer with NO contingences
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Sun/Florida Room, Recreation Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial
  • Total Sq Ft: 4901
  • Living Area Sq Ft: 3878
  • Price Per Sq Ft: 142.33
  • Above Grade Finished Sq Ft: 3161
  • Below Grade Finished Sq Ft: 717
  • Below Grade Sq Ft: 1023
  • Total Below Grade Sq Ft: 1740
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 400

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • 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: 291500.00
  • Land Assessed Value: 270700.00
  • Land Use Code: R
  • Lot Size Acres: 1.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 49658.00
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13910197
  • Tax Annual Amount: 6801.00
  • Assessor Parcel Number: 160500314055
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 3878
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/24/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Jan 10, 2023
Sold by
Holders Of The Cit Mortgage Loan Trust
Bought by
Logos Homes Inc
Seller's Agent
John Radcliffe
Weichert, REALTORS
Buyer's Agent
Richard Minor
Taylor Properties
List Price
$494,000
Sold Price
$461,000
Premium/Discount to List
-$33,000
-6.68%
Views
110
Current Estimated Value
$833,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,674
Avg. Annual Appreciation
24.74%
Original Mortgage
$456,800
Interest Rate
6.31%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 8, 2022
Sold by
Watts Robert A
Bought by
Universal Settlements Llc

Purchase Details

Closed on
Aug 16, 2002
Sold by
Fowler Tom R and Fowler W K
Bought by
Watts Robert A and Watts Olanike Oyefeso
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
Logos Homes Inc $461,000 First American Title
Logos Homes Inc $461,000 First American Title
Universal Settlements Llc -- None Listed On Document
Watts Robert A $399,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Logos Homes Inc $456,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2023 01/24/23 Sold $461,000 +2.5% $119 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/13/2022 12/13/22 Price Changed $449,900 -8.9% $116 / Sq Ft
11/10/2022 11/10/22 For Sale $494,000 -- $127 / 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 $7,770 $658,467 -- --
2024 $7,770 $610,333 $0 $0
2023 $7,183 $562,200 $270,700 $291,500
2022 $6,801 $557,067 $0 $0
2021 $5,885 $551,933 $0 $0
2020 $5,885 $546,800 $270,700 $276,100
2019 $5,854 $546,800 $270,700 $276,100
2018 $5,839 $546,800 $270,700 $276,100
2017 $6,243 $573,500 $0 $0
2016 -- $513,833 $0 $0
2015 $6,227 $454,167 $0 $0
2014 $6,227 $394,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2075576

Bright MLS

APN: 05-00314055