NOT LISTED FOR SALE

403 Franklin Ave Silver Spring, MD 20901

Indian Spring Neighborhood

Estimated Value: $510,241 - $609,000

2 Beds
2 Baths
1,272 Sq Ft
$441/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $339,900 $267 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,547/month

49 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • No HOA
  • Highland View Elementary School Rated A
  • Main Floor Bedroom
  • Cottage

About This Home

As of May 2012

Fabulous 2BR/2BA Cottage w unique details: HDWDs, custom doors, hardware & tile. Updated KIT & BAs. LL boasts slate tile, recessed lighting, walk-in closet & built-ins - perfect Master/In-law Suite or Rec Rm. Add'l storage space in finished attic. Landscaped lot offers privacy fence, stone walkways, brick patio & extended drvwy. Close-in location near Sligo Creek Park, Silver Spring, Metro & bus!

Last Agent to Sell the Property

Tamara Kucik

RLAH @properties Listed on: 02/15/2012

RLAH @properties

Last Buyer's Agent

Bruce Bowers

Long & Foster Real Estate, Inc. License #MRIS:1456

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1933

Lot Details

  • 6,485 Sq Ft Lot
  • Property is Fully Fenced
  • Privacy Fence
  • Landscaped
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Recessed Lighting
  • Double Pane Windows
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Basement Windows

Home Security

  • Alarm System
  • Storm Windows
  • Storm Doors

Parking

  • Parking Space Number Location: 3
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Indian Spring Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 161301036418

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,645

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1933
  • Remarks Public: Fabulous 2BR/2BA Cottage w unique details: HDWDs, custom doors, hardware & tile. Updated KIT & BAs. LL boasts slate tile, recessed lighting, walk-in closet & built-ins - perfect Master/In-law Suite or Rec Rm. Add'l storage space in finished attic. Landscaped lot offers privacy fence, stone walkways, brick patio & extended drvwy. Close-in location near Sligo Creek Park, Silver Spring, Metro & bus!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Double Pane, Storm
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance, Fully Finished, Walkout Stairs, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 1272
  • Living Area Sq Ft: 1272
  • Price Per Sq Ft: 505.88
  • Above Grade Finished Sq Ft: 672
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 403

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 3
  • Type Of Parking: Off Street

Utilities

  • Refuse: 372.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Fully, Privacy
  • Improvement Assessed Value: 88200.00
  • Land Assessed Value: 210800.00
  • Lot Features: Landscaping, Private
  • Lot Size Acres: 0.15
  • Lot Size Area: 6485
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6485.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2011
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14007928
  • Tax Annual Amount: 3645.46
  • Assessor Parcel Number: 161301036418
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 672
  • Tax Year: 2011
  • Close Date: 05/04/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2012
Closed on
May 1, 2012
Sold by
Lilly Amy M
Bought by
Okoye Vincent C and Ignaczak Magdalena K
Seller's Agent
Tamara Kucik
RLAH @properties
Buyer's Agent
Bruce Bowers
Long & Foster Real Estate, Inc.
List Price
$339,950
Sold Price
$339,900
Premium/Discount to List
-$50
-0.01%
Total Days on Market
49
Current Estimated Value
$561,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,660
Avg. Annual Appreciation
3.49%
Original Mortgage
$322,905
Outstanding Balance
$233,415
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$299,755

Purchase Details

Closed on
Sep 5, 2003
Sold by
Wetzel Paul A
Bought by
Lilly Amy M

Purchase Details

Closed on
Aug 14, 2001
Sold by
Kerr Richard L and Kerr M M
Bought by
Wetzel Paul A and Mccutchan Kiersten M
Source: Public Records

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Range of Values:

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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
Okoye Vincent C $339,900 Kvs Title Llc
Lilly Amy M $299,000 --
Wetzel Paul A $178,437 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okoye Vincent C $322,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold $339,900 0.0% $267 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $339,950 -- $267 / 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
2024 $4,870 $365,500 $210,800 $154,700
2023 $4,017 $353,167 $0 $0
2022 $2,747 $340,833 $0 $0
2021 $3,343 $328,500 $210,800 $117,700
2020 $4,566 $320,433 $0 $0
2019 $3,221 $312,367 $0 $0
2018 $3,107 $304,300 $210,800 $93,500
2017 $3,126 $299,833 $0 $0
2016 -- $295,367 $0 $0
2015 $2,953 $290,900 $0 $0
2014 $2,953 $290,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamara Kucik

    Seller's Agent in 2012

    Tamara Kucik

    Real Living at Home

    (301) 580-5002

    5 in this area

    202 Total Sales

    Tamara Kucik
    Section Image

  • B

    Buyer's Agent in 2012

    Bruce Bowers

    Long & Foster

See All Agents

Map

Source: Bright MLS

MLS Number: 1003855782

Bright MLS

APN: 13-01036418

Maryland Montgomery County Silver Spring 20901 Indian Spring

403 Franklin Ave, Silver Spring, MD

This home is located at 403 Franklin Ave, Silver Spring, MD 20901 since 15 February 2012 and is currently estimated at $561,560, approximately $441 per square foot. This property was built in 1933. 403 Franklin Ave is a home located in Montgomery County with nearby schools including Highland View Elementary School, Silver Spring International Middle School, and Northwood High School.

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