NOT LISTED FOR SALE

401 Southwest Dr Silver Spring, MD 20901

Estimated Value: $609,000 - $674,000

5 Beds
3 Baths
1,739 Sq Ft
$373/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $420,000 $242 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,009/month

Highlights

  • Traditional Floor Plan
  • Rambler Architecture
  • 1 Fireplace
  • James Hubert Blake High School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of April 2016

Renovated,Spacious Rambler w Addition, New Kitchen w Custom cabinets, SS appliances, GR counter top, HW floors, New Lightings, Paint, Carpet, Updated bathrooms w custom tiles, vanities,Huge addition!! Move in ready.

Last Agent to Sell the Property

Song Chu

Vision Realtors Investment Group, Ltd. Listed on: 02/13/2016

Last Buyer's Agent

Robin Sylvester

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,639

Year Built

  • Built in 1952 | Remodeled in 2015

Lot Details

  • 0.28 Acre Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Den
  • Game Room
  • Sun or Florida Room
  • Wood Flooring
  • Finished Basement
  • Side Basement Entry

Kitchen

  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Burnt Mills Elementary School
  • Francis Scott Key Middle School
  • James Hubert Blake High School

Utilities

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

Community Details

  • No Home Owners Association
  • Burnt Mills Gar Vill Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160500295097

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,639

Year Built

Built in 1952 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1952
  • Year Renovated: 2015
  • Remarks Public: Renovated,Spacious Rambler w Addition, New Kitchen w Custom cabinets, SS appliances, GR counter top, HW floors, New Lightings, Paint, Carpet, Updated bathrooms w custom tiles, vanities,Huge addition!! Move in ready.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Icemaker, Dishwasher, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Den, Bedroom 1, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Side Entrance, Fully Finished, Improved
  • Living Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick, Stone
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 368.66
  • 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
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BURNT MILLS
  • Middle School: FRANCIS SCOTT KEY
  • High School: JAMES HUBERT BLAKE
  • School District Key: 121138126809
  • Elementary School: BURNT MILLS
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Improvement Assessed Value: 141500.00
  • Land Assessed Value: 221800.00
  • Lot Size Acres: 0.28
  • Lot Size Area: 12221
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12221.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13909643
  • Tax Annual Amount: 3638.98
  • Assessor Parcel Number: 160500295097
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1739
  • Tax Year: 2014
  • Close Date: 04/18/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2016
Closed on
May 18, 2016
Sold by
Rjre Investments Llc
Bought by
Davis Elaine
Seller's Agent
Song Chu
Vision Realtors Investment Group, Ltd.
Buyer's Agent
Robin Sylvester
Long & Foster Real Estate, Inc.
List Price
$419,990
Sold Price
$420,000
Premium/Discount to List
$10
0.002%
Current Estimated Value
$649,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,045
Avg. Annual Appreciation
4.89%
Original Mortgage
$12,600
Interest Rate
3.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 23, 2015
Sold by
Akinboboye Layi Vera and Aladekoba Steven
Bought by
Rjre Investments Llc

Purchase Details

Closed on
Dec 6, 2006
Sold by
Aladekoba Steven
Bought by
Akinboboye Layi Vera and Akinboboye Steven Aladekoba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
9.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2006
Sold by
Aladekoba Steven
Bought by
Akinboboye Layi Vera and Akinboboye Steven Aladekoba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
9.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2000
Sold by
Vignau Jeanne M
Bought by
Aladekoba Steven

Purchase Details

Closed on
Jan 27, 2000
Sold by
Berley George E Tr
Bought by
Vignau Jeanne M

Purchase Details

Closed on
Sep 29, 1997
Sold by
Vignau John A
Bought by
George E Berley Tr
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
Davis Elaine $420,000 First American Title Ins Co
Rjre Investments Llc $332,000 Old Republic National Title
Akinboboye Layi Vera -- --
Akinboboye Layi Vera -- --
Aladekoba Steven $206,000 --
Vignau Jeanne M -- --
George E Berley Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Elaine $100,000
Open Davis Elaine $405,500
Closed Davis Elaine $19,040
Closed Davis Elaine $12,600
Closed Davis Elaine $412,392
Previous Owner Akinboboye Layi Vera $425,000
Previous Owner Akinboboye Layi Vera $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $420,000 0.0% $242 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $419,990 0.0% $242 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $419,990 -- $242 / 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 $6,002 $502,267 -- --
2024 $6,002 $457,833 $0 $0
2023 $4,774 $413,400 $221,800 $191,600
2022 $4,392 $401,467 $0 $0
2021 $4,028 $389,533 $0 $0
2020 $4,028 $377,600 $221,800 $155,800
2019 $3,940 $372,833 $0 $0
2018 $3,863 $368,067 $0 $0
2017 $3,872 $363,300 $0 $0
2016 -- $336,900 $0 $0
2015 $3,429 $310,500 $0 $0
2014 $3,429 $284,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002402217

Bright MLS

APN: 05-00295097