NOT LISTED FOR SALE

403 E Wayne Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $635,000 - $660,102

5 Beds
3 Baths
1,272 Sq Ft
$508/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $483,500 $380 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,953/month

136 Days on Market

Highlights

  • Second Kitchen
  • Gourmet Kitchen
  • Traditional Floor Plan
  • Eastern Middle School Rated A-
  • View of Trees or Woods
  • 5-minute walk to Long Branch/Wayne Local Park

About This Home

As of January 2019

Beautifully renovated SFH boasts a fully upgraded kitchen with new stainless steel appliances, granite counters and floor-to-ceiling cabinets; fresh paint; fireplace; charming screened-in porch with scenic treetop views; spacious, finished basement apt with kitchenette, office/exercise room; ideal for in-laws or rental. Complete with fenced-in backyard. Primary Schools: New Hampshire Estates & Oakview Elementary School.

Last Agent to Sell the Property

Mynor Herrera

(301) 437-1622 inquiries@mynorandassociates.com Keller Williams Capital Properties License #611201 Listed on: 07/26/2018

Keller Williams Capital Properties

Last Buyer's Agent

Molly Branson

(301) 814-9925 molly@districtresidential.com TTR Sotheby's International Realty License #656847

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,665

Year Built

  • Built in 1951

Lot Details

  • 6,000 Sq Ft Lot
  • Landscaped
  • Property is in very good condition
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,272 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Game Room
  • Home Gym
  • Wood Flooring
  • Views of Woods
  • Storm Doors
  • Attic

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Space For Rooms
  • Basement Windows

Outdoor Features

  • Screened Patio

Schools

  • Oak View Elementary School
  • Eastern Middle School
  • Montgomery Blair High School

Utilities

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

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 161301009335

Community Details

Overview

  • No Home Owners Association
  • Highland View Subdivision

Amenities

  • Picnic Area

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,665

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 7/26/2018 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Washer, Dryer, Exhaust Fan
  • Interior Amenities: Attic, Kitchen - Gourmet, Dining Area, Combination Dining/Living, 2nd Kitchen, Wood Floors, Primary Bath(s), Upgraded Countertops, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Exercise Room, In-Law/AuPair/Suite, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Windows, Space For Rooms, Daylight, Partial, Walkout Level, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 1272
  • Living Area Sq Ft: 1272
  • Price Per Sq Ft: 392.69
  • Above Grade Finished Sq Ft: 1272
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • 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 Condo Co-Op Amenities: Jog/Walk Path, Picnic Area
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OAK VIEW
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: EASTERN

Green Features

  • Green Verification: No

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.14
  • Lot Size Area: 6000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Screened
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4665.34
  • Assessor Parcel Number: 161301009335
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Jan 9, 2019
Sold by
Milam Claire J and Gonzalez Gerber Edilberto
Bought by
Essayas Nebyou Almaz
Seller's Agent
Mynor Herrera
Keller Williams Capital Properties
Buyer's Agent
Molly Branson
TTR Sotheby's International Realty
List Price
$499,500
Sold Price
$483,500
Premium/Discount to List
-$16,000
-3.2%
Current Estimated Value
$646,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,276
Avg. Annual Appreciation
4.26%
Original Mortgage
$459,295
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2018
Sold by
Milam Claire J
Bought by
Milam Claire J and Gonzalez Gerber Edilberto

Purchase Details

Closed on
Jan 27, 2006
Sold by
Lewis Teresa
Bought by
Milam Claire J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,600
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 2005
Sold by
Lewis Teresa
Bought by
Milam Claire J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,600
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving
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
Essayas Nebyou Almaz $473,500 Monarch Title Inc
Milam Claire J -- None Available
Milam Claire J $404,000 --
Milam Claire J $404,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Essayas Nebyou Almaz $459,295
Previous Owner Milam Claire J $60,600
Previous Owner Milam Claire J $303,000
Previous Owner Milam Claire J $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2019 01/09/19 Sold $483,500 -3.2% $380 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $499,500 0.0% $393 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $499,500 -3.1% $393 / Sq Ft
10/03/2018 10/03/18 Price Changed $515,500 -5.5% $405 / Sq Ft
09/06/2018 09/06/18 Price Changed $545,500 +0.2% $429 / Sq Ft
09/06/2018 09/06/18 Price Changed $544,500 -5.2% $428 / Sq Ft
07/27/2018 07/27/18 For Sale $574,500 +18.8% $452 / Sq Ft
07/26/2018 07/26/18 Off Market $483,500 -- --
07/26/2018 07/26/18 For Sale $574,500 -- $452 / 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 $6,776 $538,500 -- --
2024 $6,776 $525,100 $305,200 $219,900
2023 $7,164 $500,733 $0 $0
2022 $5,218 $476,367 $0 $0
2021 $4,883 $452,000 $255,200 $196,800
2020 $4,609 $430,267 $0 $0
2019 $4,334 $408,533 $0 $0
2018 $4,762 $386,800 $255,200 $131,600
2017 $4,584 $372,300 $0 $0
2016 -- $357,800 $0 $0
2015 $3,952 $343,300 $0 $0
2014 $3,952 $338,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mynor Herrera

    Seller's Agent in 2019

    Mynor Herrera

    Keller Williams Capital Properties

    (301) 437-1622

    6 in this area

    229 Total Sales

    Mynor Herrera
    Section Image
  • Molly Branson

    Buyer's Agent in 2019

    Molly Branson

    TTR Sotheby's International Realty

    (301) 814-9925

    3 in this area

    193 Total Sales

    Molly Branson
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002064458

Bright MLS

APN: 13-01009335

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

403 E Wayne Ave, Silver Spring, MD

Not Listed for Sale

Detached

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