NOT LISTED FOR SALE

403 Torrington Place Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $565,000 - $614,000

4 Beds
3 Baths
1,506 Sq Ft
$393/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $560,000 $372 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,554/month

6 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Montgomery Knolls Elementary School Rated A-
  • Level Entry For Accessibility

About This Home

As of May 2024

Discover unmatched value in Silver Spring’s 20901 area with this “AS-IS” sale that promises both excellent condition and immediate occupancy. This meticulously kept rambler boasts a modern kitchen and fresh, professional paintwork. The property features a generous lot complemented by a remarkable backyard, nestled in the highly regarded Franklin Knolls community. Perfect for commuters, it offers quick access to I-495 and seamless travel to DC. Steps away from the Franklin Knolls pool, embrace the outdoors with nearby Northwest Branch and Sligo Creek trails.

Last Agent to Sell the Property

Jared Cardoza

(301) 466-0736 jaredacardoza@gmail.com RE/MAX Premiere Selections License #SP98368633 Listed on: 04/10/2024

RE/MAX Premiere Selections

Last Buyer's Agent

Yony Kifle

(703) 405-5182 homes.yourdmvteam@gmail.com EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,261

Year Built

  • Built in 1959

Lot Details

  • 6,600 Sq Ft Lot
  • Property is in good condition
  • Property is zoned R60

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Shelving
  • Basement Windows

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

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

Community Details

  • No Home Owners Association
  • Franklin Knolls Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 161301355563

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,261

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full, Connecting Stairway, Full, Heated, Interior Access, Outside Entrance, Rear Entrance, Shelving, Walkout Level, Windows
  • Total Sq Ft: 2412
  • Living Area Sq Ft: 1506
  • Price Per Sq Ft: 464.34
  • Above Grade Finished Sq Ft: 1206
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 906
  • Total Below Grade Sq Ft: 1206
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • 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, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Refuse: 478.24
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Property Condition: Good
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5261.00
  • Assessor Parcel Number: 161301355563
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 6, 2024
Sold by
Nolton Terrence Edward
Bought by
Kidanu Amanuel
Seller's Agent
Jared Cardoza
RE/MAX Premiere Selections
Buyer's Agent
Yony Kifle
EXP Realty, LLC
List Price
$445,000
Sold Price
$560,000
Premium/Discount to List
$115,000
25.84%
Views
305
Current Estimated Value
$592,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,411
Avg. Annual Appreciation
3.43%
Original Mortgage
$27,492
Outstanding Balance
$27,174
Interest Rate
8.2%
Estimated Equity
$565,237

Purchase Details

Closed on
Aug 8, 2017
Sold by
Nolton Terrence E and Estate Of Carolyn Nolton
Bought by
Nolton Terrence E

Purchase Details

Closed on
Jul 17, 2017
Sold by
Nolton Terrence E and Estate Of Barbara A Cephas
Bought by
Nolton Terrence E and Estate Of Carolyn Nolton

Purchase Details

Closed on
Apr 17, 2017
Sold by
Nolton Terrence E and Estate Of Barbara A Cephas
Bought by
Nolton Terrence E and Anderson Latanya
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
Kidanu Amanuel $560,000 None Listed On Document
Kidanu Amanuel $560,000 None Listed On Document
Nolton Terrence E -- None Available
Nolton Terrence E -- None Available
Nolton Terrence E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kidanu Amanuel $27,492
Closed Kidanu Amanuel $27,492
Open Kidanu Amanuel $549,857
Closed Kidanu Amanuel $549,857
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $560,000 0.0% $372 / Sq Ft
04/18/2024 04/18/24 Price Changed $560,000 +0.9% $372 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/13/2024 04/13/24 Price Changed $555,000 +23.6% $369 / Sq Ft
04/10/2024 04/10/24 Price Changed $449,000 +0.9% $298 / Sq Ft
04/10/2024 04/10/24 For Sale $445,000 -- $295 / 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 $5,480 $465,567 -- --
2024 $5,480 $412,500 $206,800 $205,700
2023 $4,569 $395,567 $0 $0
2022 $4,140 $378,633 $0 $0
2021 $1,944 $361,700 $206,800 $154,900
2020 $3,292 $356,233 $0 $0
2019 $3,697 $350,767 $0 $0
2018 $3,612 $345,300 $199,300 $146,000
2017 $3,549 $334,533 $0 $0
2016 -- $323,767 $0 $0
2015 $3,036 $313,000 $0 $0
2014 $3,036 $310,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jared Cardoza

    RE/MAX

    (301) 466-0736

    1 in this area

    53 Total Sales

    Jared Cardoza
    Section Image
  • Yony Kifle

    Buyer's Agent in 2024

    Yony Kifle

    EXP Realty, LLC

    (703) 405-5182

    6 in this area

    457 Total Sales

    Yony Kifle
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2127084

Bright MLS

APN: 13-01355563

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

403 Torrington Place, Silver Spring, MD

Not Listed for Sale

Detached

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