NOT LISTED FOR SALE

401 Sligo Ave Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $827,000 - $953,841

5 Beds
2 Baths
2,369 Sq Ft
$388/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $970,000 $409 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,427/month

83 Days on Market

Highlights

  • 0.41 Acre Lot
  • 1 Fireplace
  • 1 Car Detached Garage
  • Takoma Park Middle School Rated A
  • No HOA
  • 1-minute walk to Sligo Ave Neighborhood Park

About This Home

As of July 2022

A diamond in the rough! This property is a great investment opportunity and ready to make your own! Home is being sold AS IS. Bring your design ideas and hard hat. Fix it up exactly how you want to enjoy it or make it an investment property. This home has a great deal of potential with the perfect mix of open and traditional living spaces. The home has large rooms and great natural light. HUGE corner lot setback from road with endless possibilities. Bring your creativity to make this space yours! Prime Silver Spring location. Minutes to downtown SS and DC. Move fast!

Last Agent to Sell the Property

Akhtab Lohani

(443) 789-8865 abrar@abrarlohani.com Samson Properties Listed on: 01/06/2022

Samson Properties

Last Buyer's Agent

Warren Pinkney

(240) 876-9384 wrpinkney@verizon.net Bennett Realty Solutions

Bennett Realty Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,678

Year Built

  • Built in 1918

Lot Details

  • 0.41 Acre Lot
  • Property is zoned R60

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Unfinished Basement
  • Basement Windows

Bedrooms and Bathrooms

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Silver Spring Subdivision

Listing and Financial Details

  • Tax Lot P5
  • Assessor Parcel Number 161301397465

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,678

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1918
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Windows, Unfinished, Daylight, Partial
  • Total Sq Ft: 3185
  • Living Area Sq Ft: 2369
  • Price Per Sq Ft: 407.30
  • Above Grade Finished Sq Ft: 2369
  • Below Grade Sq Ft: 816
  • Total Below Grade Sq Ft: 816
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Off Street, Detached Garage

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Improvement Assessed Value: 230800.00
  • Land Assessed Value: 352200.00
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17834.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14041963
  • Tax Annual Amount: 6678.00
  • Assessor Parcel Number: 161301397465
  • Tax Lot: P5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Aug 4, 2022
Sold by
Atlantic Capital Llc
Bought by
Pinkney Akano Warren and Pinkney Ariana Andis-Klein
Seller's Agent
Akhtab Lohani
Samson Properties
Buyer's Agent
Warren Pinkney
Bennett Realty Solutions
List Price
$964,900
Sold Price
$970,000
Premium/Discount to List
$5,100
0.53%
Views
4
Current Estimated Value
$919,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,790
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Nov 22, 2021
Sold by
Romero Lois Anne
Bought by
Creswick Janet B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2021
Sold by
Romero Lois Anne and Creswick Janet B
Bought by
Atlantic Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2019
Sold by
Creswick Janet and Creswick Revocable Living Trus
Bought by
Romero Lois Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pinkney Akano Warren $942,000 Sage Title
Pinkney Akano Warren $942,000 Sage Title
Creswick Janet B -- Fairfield Title Llc
Atlantic Capital Llc $525,000 Fairfield Title Llc
Romero Lois Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atlantic Capital Llc $652,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $970,000 +0.5% $409 / Sq Ft
04/12/2022 04/12/22 For Sale $964,900 -0.5% $407 / Sq Ft
03/21/2022 03/21/22 Off Market $970,000 -- --
01/06/2022 01/06/22 For Sale $964,900 -- $407 / 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 $7,443 $623,333 -- --
2024 $7,443 $583,000 $352,200 $230,800
2023 $7,301 $572,667 $0 $0
2022 $6,859 $562,333 $0 $0
2021 $5,986 $552,000 $352,200 $199,800
2020 $6,557 $544,133 $0 $0
2019 $5,742 $536,267 $0 $0
2018 $5,837 $528,400 $352,200 $176,200
2017 $5,854 $528,400 $0 $0
2016 -- $528,400 $0 $0
2015 $5,318 $531,500 $0 $0
2014 $5,318 $531,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Akhtab Lohani

    Seller's Agent in 2022

    Akhtab Lohani

    Samson Properties

    (443) 789-8865

    1 in this area

    54 Total Sales

    Akhtab Lohani
    Section Image

  • W

    Buyer's Agent in 2022

    Warren Pinkney

    Bennett Realty Solutions

    (240) 876-9384

    1 in this area

    1 Total Sale

    Warren Pinkney
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2030162

Bright MLS

APN: 13-01397465

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

401 Sligo Ave, Silver Spring, MD

Not Listed for Sale

Detached

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