NOT LISTED FOR SALE

404 Legato Terrace Silver Spring, MD 20901

Estimated Value: $370,000 - $436,000

4 Beds
2.5 Baths
1,680 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $292,000 $174 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,529/month

26 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Jogging Path
  • James Hubert Blake High School Rated A
  • Attic
  • Laundry Room

About This Home

As of August 2018

Rare 4BR in Dumont Oaks! Two Reserved Parking Spaces in front of the House. Ride-On Bus Stop & Metro Express 50-100 Feet away. Laminate Floors on Main level, and Carpet Upstairs. South Facing Windows. Close to 2 SHOPPING CENTERS, I-495 & ICC EXITS. EASY ACCESS TO DC, GAITHERSBURG & BALTIMORE. Owner is Real Estate Agent. Property is occupied.

Last Agent to Sell the Property

Sennur Fahrali

(703) 891-4520 jbarreto.phsi@gmail.com Classic Realty LTD Listed on: 05/17/2018

Classic Realty LTD

Last Buyer's Agent

Patsy Johnson

(202) 745-2522 pjohnson@c2cgs.com Coast2Coast Global Services, Inc License #PB98364971

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1984

Lot Details

  • 780 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Combination Dining and Living Room
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Parking

  • Parking Space Number Location: 21
  • 2 Assigned Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 189
  • Assessor Parcel Number 160502321187

Community Details

Overview

  • Association fees include insurance, reserve funds, road maintenance, snow removal, trash
  • Dumont Oaks Community
  • Dumont Oaks Subdivision

Recreation

  • Jogging Path

Townhouse Details

Home Type

Townhome

Year Built

Built in 1984

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Laundry, Attic
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 21

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 90.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Insurance, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Area: 780
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 780.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13847548
  • Assessor Parcel Number: 160502321187
  • Tax Lot: 189

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 27, 2018
Sold by
Simonson Mark A and Kronheim Sennur Fahrali
Bought by
Alemu Chalachew and Girma Mariam F
Seller's Agent
Sennur Fahrali
Classic Realty LTD
Buyer's Agent
Patsy Johnson
Coast2Coast Global Services, Inc
List Price
$320,000
Sold Price
$292,000
Premium/Discount to List
-$28,000
-8.75%
Current Estimated Value
$408,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,779
Avg. Annual Appreciation
4.57%
Original Mortgage
$292,000
Outstanding Balance
$254,117
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$152,748

Purchase Details

Closed on
Jul 14, 1992
Bought by
Simonson Mark A and Sennur Fahrali-Kronheim
Source: Public Records
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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
Alemu Chalachew $292,000 Stewart Title Of Maryland In
Simonson Mark A $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alemu Chalachew $292,000
Closed Alemu Chalachew $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $292,000 -8.8% $174 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $320,000 -- $190 / Sq Ft
Source: Bright MLS

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 $3,790 $312,300 -- --
2024 $3,790 $298,300 $0 $0
2023 $2,919 $284,300 $126,000 $158,300
2022 $2,644 $272,633 $0 $0
2021 $2,467 $260,967 $0 $0
2020 $2,317 $249,300 $126,000 $123,300
2019 $2,262 $245,433 $0 $0
2018 $2,908 $241,567 $0 $0
2017 $2,901 $237,700 $0 $0
2016 -- $231,667 $0 $0
2015 $3,089 $225,633 $0 $0
2014 $3,089 $219,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001491728

Bright MLS

APN: 05-02321187