NOT LISTED FOR SALE

4001 Chesterwood Dr Silver Spring, MD 20906

Estimated Value: $336,000 - $367,000

2 Beds
1.5 Baths
1,422 Sq Ft
$247/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $225,000 $158 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,256/month

40 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Wood Flooring
  • Bel Pre Elementary School Rated A-
  • Colonial Architecture
  • Upgraded Countertops

About This Home

As of February 2017

Fully Renovated 2 lvl END UNIT Brick Townhome condo in sought after MONTGOMERY CHASE Gated community. Granite Countertops, SS Appls, Hrdwd Flrs on Main Lvl. Pergo on upper lvl. DR overlooks sunken LR. Nice Patio for summer BBQ's. Community Pool/Tot lot. Close to Metro/Shopping. FHA approved. Home Warranty w/Eastern Title. This one won't last long. CAUTION-GATE SWING OPEN TOWARDS YOUR CAR!!!

Last Agent to Sell the Property

Robert Dinh

(240) 888-7717 RobertTDinh@gmail.com RE/MAX Realty Centre, Inc. License #621856 Listed on: 12/05/2016

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Pamela Alcantara

(703) 382-8282 pamela@impactrealestatellc.com Impact Real Estate, LLC License #PB98379220

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1983

Lot Details

  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $161 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,422 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303492848

Community Details

Overview

  • Association fees include parking fee, pool(s), reserve funds, road maintenance, snow removal, trash
  • Montgomery Chase Community
  • Montgomery Chase Codm Subdivision

Recreation

  • Community Playground
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,976

Year Built

Built in 1983

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Crown Moldings, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Entry Location: 1st Floor
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1422
  • Living Area Sq Ft: 1422
  • Price Per Sq Ft: 161.67
  • Above Grade Finished Sq Ft: 1422
  • 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: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • 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

Utilities

  • Refuse: 19.92
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate, Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 161.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Gated Community, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Parking Fee, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: BEL PRE
  • High School: JOHN F. KENNEDY
  • Middle Or Junior School: ARGYLE

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098282
  • Tax Annual Amount: 1975.88
  • Assessor Parcel Number: 161303492848
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Feb 16, 2017
Sold by
Cao Thu Thao T
Bought by
Molina Hilaria Escobar
Seller's Agent
Robert Dinh
RE/MAX Realty Centre, Inc.
Buyer's Agent
Pamela Alcantara
Impact Real Estate, LLC
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%
Current Estimated Value
$350,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,982
Avg. Annual Appreciation
5.18%
Original Mortgage
$220,924
Outstanding Balance
$182,294
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$168,688

Purchase Details

Listed on
Oct 11, 2011
Closed on
Feb 29, 2012
Sold by
Burton Rahmon E
Bought by
Cao Thu Thao
Seller's Agent
Robert Dinh
RE/MAX Realty Centre, Inc.
Buyer's Agent
Mike Ricciardella
RE/MAX Pros
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$33,000
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2007
Sold by
Burton Divya G
Bought by
Burton Rahmon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,700
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 10, 2007
Sold by
Burton Divya G
Bought by
Burton Rahmon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,800
Interest Rate
7.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 8, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Burton Divya G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,320
Interest Rate
4.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Burton Divya G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,320
Interest Rate
4.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Molina Hilaria Escobar $225,000 Jp Title Llc
Cao Thu Thao $150,000 Direct Title Inc
Burton Rahmon E -- --
Burton Rahmon E -- --
Burton Divya G $307,900 --
Burton Divya G $307,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Hilaria Escobar $220,924
Previous Owner Cao Thu Thao $33,000
Previous Owner Burton Rahmon E $72,700
Previous Owner Burton Rahmon E $290,800
Previous Owner Burton Rahmon E $290,800
Previous Owner Burton Divya G $246,320
Previous Owner Burton Divya G $246,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2017 02/16/17 Sold $225,000 -2.1% $158 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $229,900 0.0% $162 / Sq Ft
05/01/2014 05/01/14 Rented $1,600 0.0% --
03/21/2014 03/21/14 Under Contract -- -- --
02/24/2014 02/24/14 For Rent $1,600 0.0% --
02/29/2012 02/29/12 Sold $150,000 0.0% $105 / Sq Ft View Prior Sale
10/25/2011 10/25/11 Pending -- -- --
10/11/2011 10/11/11 For Sale $150,000 -- $105 / 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 $276,667 -- --
2024 $2,958 $250,000 $75,000 $175,000
2023 $3,570 $243,333 $0 $0
2022 $1,908 $236,667 $0 $0
2021 $1,912 $230,000 $69,000 $161,000
2020 $3,600 $220,000 $0 $0
2019 $1,687 $210,000 $0 $0
2018 $1,580 $200,000 $60,000 $140,000
2017 $1,265 $183,333 $0 $0
2016 $1,391 $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

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Map

Source: Bright MLS

MLS Number: 1002474657

Bright MLS

APN: 13-03492848