NOT LISTED FOR SALE

404 E Melbourne Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $772,000 - $814,000

4 Beds
3.5 Baths
816 Sq Ft
$964/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $575,000 $705 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,943/month

18 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Fireplace
  • Eastern Middle School Rated A-
  • Stainless Steel Appliances
  • Living Room

About This Home

As of July 2019

Location, location, location!! Opportunity knocks to own this newly built 4 bedroom and 3.5 bathroom home with over 3,000 sqft of finished living area! Features : recessed lighting, hardwood floors, white kitchen cabinets with quartz countertops and stainless steel appliances. The fully finished basement boasts a large recreation area, a full bathroom and separate entrance from the back yard. Whether relaxing on the front porch or entertaining in the private back yard, you will love everything this fabulous house and outstanding location has to offer!! Call now and let us help you make this house your new place to call home!

Last Agent to Sell the Property

Lily Vallario

EXP Realty, LLC License #0225099760 Listed on: 06/01/2019

EXP Realty, LLC

Last Buyer's Agent

Marci Wasserman

Perennial Real Estate License #SP98377021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 1942

Lot Details

  • 5,222 Sq Ft Lot
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • Property has 3 Levels
  • Fireplace
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Indian Spring Park Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 161301014467

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,412

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-06-01
  • Year Built: 1942
  • Remarks Public: Location, location, location!! Opportunity knocks to own this newly built 4 bedroom and 3.5 bathroom home with over 3,000 sqft of finished living area! Features : recessed lighting, hardwood floors, white kitchen cabinets with quartz countertops and stainless steel appliances. The fully finished basement boasts a large recreation area, a full bathroom and separate entrance from the back yard. Whether relaxing on the front porch or entertaining in the private back yard, you will love everything this fabulous house and outstanding location has to offer!! Call now and let us help you make this house your new place to call home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Total Sq Ft: 816
  • Living Area Sq Ft: 816
  • Price Per Sq Ft: 704.66
  • Above Grade Finished Sq Ft: 816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 404

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 385.04
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 121600.00
  • Land Assessed Value: 226100.00
  • Land Use Code: 011
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5222.00
  • Year Assessed: 2019
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14005967
  • Tax Annual Amount: 3412.00
  • Assessor Parcel Number: 161301014467
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/18/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jul 18, 2019
Sold by
Mid Atlantic Loans Llc
Bought by
David Nichole and Altman Aaron B
Seller's Agent
Lily Vallario
EXP Realty, LLC
Buyer's Agent
Marci Wasserman
Perennial Real Estate
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$786,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,288
Avg. Annual Appreciation
5.08%
Original Mortgage
$540,000
Outstanding Balance
$475,111
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$302,987

Purchase Details

Closed on
Apr 5, 2016
Sold by
Manoogian Mary K and Mary K Manoogian Revocable Tru
Bought by
Mid Atlantic Loans Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
Manoogian David E and Manoogian K M
Bought by
Manoogian Mary K Tr

Purchase Details

Closed on
Oct 9, 2006
Sold by
Manoogian David E and Manoogian K M
Bought by
Manoogian Mary K 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
David Nichole $575,000 Tradition Ttl Llc T A Rgs Tt
Mid Atlantic Loans Llc $230,000 The Atlantic Title Group
Manoogian Mary K Tr -- --
Manoogian Mary K Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Nichole $540,000
Previous Owner Mid Atlantic Loans Llc $200,000
Previous Owner Mid Atlantic Loans Llc $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $575,000 0.0% $705 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $575,000 -- $705 / 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 $7,909 $687,900 -- --
2024 $7,909 $631,500 $226,100 $405,400
2023 $7,128 $625,033 $0 $0
2022 $6,707 $618,567 $0 $0
2021 $6,572 $612,100 $226,100 $386,000
2020 $6,195 $580,600 $0 $0
2019 $6,506 $549,100 $0 $0
2018 $3,412 $270,900 $205,200 $65,700
2017 $3,475 $268,933 $0 $0
2016 -- $266,967 $0 $0
2015 $3,409 $265,000 $0 $0
2014 $3,409 $265,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lily Vallario

    Seller's Agent in 2019

    Lily Vallario

    EXP Realty, LLC

    (240) 388-3507

    1 in this area

    271 Total Sales

    Lily Vallario
    Section Image
  • Marci Wasserman

    Buyer's Agent in 2019

    Marci Wasserman

    Perennial Real Estate

    (301) 807-7246

    14 in this area

    135 Total Sales

    Marci Wasserman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC661852

Bright MLS

APN: 13-01014467

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

404 E Melbourne Ave, Silver Spring, MD

This home is located at 404 E Melbourne Ave, Silver Spring, MD 20901 since 01 June 2019 and is currently estimated at $786,288, approximately $963 per square foot. This property was built in 1942. 404 E Melbourne Ave is a home located in Montgomery County with nearby schools including New Hampshire Estates Elementary School, Oak View Elementary School, and Eastern Middle School.

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