NOT LISTED FOR SALE

401 Highgate Terrace Silver Spring, MD 20904

Estimated Value: $728,879 - $788,000

4 Beds
2.5 Baths
3,052 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $470,000 $154 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,503/month

17 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • 2 Fireplaces
  • Westover Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of November 2019

For the last 55 years this 4 level split w/ 4 bedrooms/ 2.5 baths was home to the same family...original owners have expanded/updated/cared for this home since it was built in 1964. It's being sold strictly "AS IS" and in need of renovating/updating.Gorgeous hardwood floors throughout most of the house, updated Kitchen, Master Suite with ensuite Bath, Dressing room and Bonus room, ceiling fans, Great Room addition off Kitchen and Florida/Sunroom off the back of the home with views of the pool. Landscaped corner lot and fenced in rear yard. New in 2019 gas furnace, central air conditioner and gas hot water heater. Terrific home in a terrific community with easy access to 495, ICC...Walking distance to Westover Elem.

Last Agent to Sell the Property

Mary Young

(301) 509-4964 marywy1@hotmail.com RE/MAX Realty Group Listed on: 09/10/2019

RE/MAX Realty Group

Last Buyer's Agent

Shimels Oda

(202) 841-1429 shimelsoda@yahoo.com Fairfax Realty Premier

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,220

Year Built

  • Built in 1964

Lot Details

  • 0.35 Acre Lot
  • Privacy Fence
  • Landscaped
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R200

Home Design

  • Split Level Home
  • Fixer Upper

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer

Finished Basement

  • Walk-Out Basement
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Sherwood Forest Manor Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160500326612

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,220

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1964
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Wall, Oven - Double, Refrigerator
  • Flooring Type: Hardwood, Ceramic Tile, Partially Carpeted
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Crown Moldings, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Pantry, Upgraded Countertops, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Sun/Florida Room, Great Room, Laundry, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Walkout Level, Windows, Fully Finished
  • Total Sq Ft: 3257
  • Living Area Sq Ft: 3052
  • Price Per Sq Ft: 191.68
  • Above Grade Finished Sq Ft: 2452
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 205
  • Total Below Grade Sq Ft: 805
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Pool Features: Fenced, In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard - Electric
  • 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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Privacy
  • Improvement Assessed Value: 181700.00
  • Land Assessed Value: 229500.00
  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15142.00
  • Property Condition: Major Rehab Needed, Very Good, Below Average
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13839558
  • Tax Annual Amount: 5220.00
  • Assessor Parcel Number: 160500326612
  • Tax Lot: 12
  • 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

Closed on
Mar 23, 2021
Sold by
Zemene Senait and Yayeh Birara Tadeg
Bought by
Yayeh Birara Tadeg and Wondmagegne Seblewongel Alene
Current Estimated Value
$753,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Outstanding Balance
$416,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$337,720

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 24, 2019
Sold by
Weaver Elsie M and Weaver Mark J
Bought by
Yayeh Birara Tadeg and Wondmagegne Seblewongel Alene
Seller's Agent
Mary Young
RE/MAX Realty Group
Buyer's Agent
Shimels Oda
Fairfax Realty Premier
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$461,487
Interest Rate
3.62%
Mortgage Type
FHA
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
Yayeh Birara Tadeg -- Core Title Group Llc
Yayeh Birara Tadeg $470,000 Capitol Settlements Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yayeh Birara Tadeg $461,000
Previous Owner Yayeh Birara Tadeg $461,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2019 11/12/19 Sold $470,000 0.0% $154 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/23/2019 09/23/19 Price Changed $470,000 -5.1% $154 / Sq Ft
09/10/2019 09/10/19 For Sale $495,000 -- $162 / 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 $6,648 $552,500 -- --
2024 $6,648 $512,900 $0 $0
2023 $6,851 $473,300 $229,500 $243,800
2022 $5,042 $460,300 $0 $0
2021 $4,828 $447,300 $0 $0
2020 $4,644 $434,300 $229,500 $204,800
2019 $4,529 $426,600 $0 $0
2018 $4,426 $418,900 $0 $0
2017 $4,408 $411,200 $0 $0
2016 $4,581 $402,967 $0 $0
2015 $4,581 $394,733 $0 $0
2014 $4,581 $386,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC678220

Bright MLS

APN: 05-00326612