NOT LISTED FOR SALE

4041 Chesterwood Dr Silver Spring, MD 20906

Estimated Value: $351,000 - $388,000

3 Beds
2.5 Baths
1,340 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $275,000 $205 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,182/month

Highlights

  • No HOA
  • Community Pool
  • Community Playground
  • Bel Pre Elementary School Rated A-
  • Stainless Steel Appliances
  • Security Gate

About This Home

As of March 2024

Come tour this renovated condo in a great location inside gated community! Main level includes updated kitchen with stainless appliances and granite countertops. Filled with natural light, the large living and dining area with wood-look laminate floors opens to private balcony. The upper level features three bedrooms and two full baths. Close to major commuter routes and easy access to shopping areas. Assigned parking space.

Last Agent to Rent the Property

Kathleen Ahrens

(301) 910-1691 kathy.ahrens@kw.com Keller Williams Realty Centre Listed on: 12/29/2023

Keller Williams Realty Centre

Last Renter's Agent

Alina Gheorghe

(240) 281-1397 homesbyalina@yahoo.com Samson Properties

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,188

Year Built

  • Built in 1983

Lot Details

  • Property is in very good condition

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Laminate Flooring
  • Security Gate

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,700
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/3/24
  • Assessor Parcel Number 161303493307

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), security gate, snow removal, trash
  • Montgomery Chase Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,188

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Date Available: 2024-01-03
  • Pets Allowed: No
  • Security Deposit: 2700.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Laminated
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2680
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 1.94
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Unfinished Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Security Gate, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: R20

Tax Info

  • Assessor Parcel Number: 161303493307
  • Tax Data Updated: No

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 22, 2019
Sold by
Bharwani Vanita D
Bought by
Ali Abeer and Hamid Sahar
Seller's Agent
Poonam Hemnani
Fairfax Realty Premier
Buyer's Agent
Kathleen Ahrens
Keller Williams Realty Centre
List Price
$277,500
Sold Price
$275,000
Premium/Discount to List
-$2,500
-0.9%
Current Estimated Value
$363,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,879
Avg. Annual Appreciation
4.77%

Purchase Details

Listed on
Sep 12, 2015
Closed on
Jul 16, 2019
Sold by
Wedagedara Sriyalatha and Malwattegedara Dinusha
Bought by
Bharwani Vanita D
Seller's Agent
Ananda Jayakody
Eagle Real Estate, LLC
Buyer's Agent
Poonam Hemnani
Fairfax Realty Premier
List Price
$215,000
Sold Price
$207,000
Premium/Discount to List
-$8,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.15%
Original Mortgage
$165,600
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2006
Sold by
Ridgewood I Townhomes Llc
Bought by
Wedagedara Sriyalatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,980
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Wedagedara Sriyalatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,920
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Ali Abeer $275,000 Security Ttl Guarantee Corp
Bharwani Vanita D $207,000 Passport Title Services Llc
Wedagedara Sriyalatha $364,900 --
Wedagedara Sriyalatha $364,900 --
Wedagedara Sriyalatha $364,900 --
Wedagedara Sriyalatha $364,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bharwani Vanita D $165,600
Previous Owner Wedagedara Sriyalatha $72,980
Previous Owner Wedagedara Sriyalatha $291,920
Previous Owner Wedagedara Sriyalatha $291,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2024 03/30/24 Rented $2,300 -11.5% --
03/29/2024 03/29/24 Under Contract -- -- --
02/05/2024 02/05/24 Price Changed $2,600 -3.7% $2 / Sq Ft
12/29/2023 12/29/23 For Rent $2,700 +38.5% --
03/03/2020 03/03/20 Rented $1,950 0.0% --
02/28/2020 02/28/20 Under Contract -- -- --
02/21/2020 02/21/20 For Rent $1,950 0.0% --
02/18/2020 02/18/20 Under Contract -- -- --
02/06/2020 02/06/20 For Rent $1,950 0.0% --
02/01/2020 02/01/20 Under Contract -- -- --
01/14/2020 01/14/20 Price Changed $1,950 -2.5% $1 / Sq Ft
12/06/2019 12/06/19 For Rent $2,000 0.0% --
11/22/2019 11/22/19 Sold $275,000 -0.9% $205 / Sq Ft View Prior Sale
10/30/2019 10/30/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $277,500 +34.1% $207 / Sq Ft
07/16/2019 07/16/19 Sold $207,000 -3.7% $115 / Sq Ft View Prior Sale
02/04/2019 02/04/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $215,000 +3.9% $119 / Sq Ft
01/03/2019 01/03/19 Off Market $207,000 -- --
05/14/2018 05/14/18 For Sale $215,000 0.0% $119 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
03/20/2018 03/20/18 Price Changed $215,000 0.0% $119 / Sq Ft
03/20/2018 03/20/18 For Sale $215,000 +13.2% $119 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $190,000 0.0% $106 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/09/2016 03/09/16 Price Changed $190,000 -2.6% $106 / Sq Ft
02/08/2016 02/08/16 Price Changed $195,000 -2.5% $108 / Sq Ft
09/12/2015 09/12/15 For Sale $199,900 -- $111 / 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 $3,188 $290,000 -- --
2024 $3,188 $270,000 $81,000 $189,000
2023 $0 $263,333 $0 $0
2022 $2,904 $256,667 $0 $0
2021 $0 $250,000 $75,000 $175,000
2020 $0 $241,667 $0 $0
2019 $1,944 $233,333 $0 $0
2018 $1,856 $225,000 $67,500 $157,500
2017 $1,686 $213,333 $0 $0
2016 $1,552 $201,667 $0 $0
2015 $1,552 $190,000 $0 $0
2014 $1,552 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2113022

Bright MLS

APN: 13-03493307