NOT LISTED FOR SALE

4045 Chesterwood Dr Silver Spring, MD 20906

Estimated Value: $356,000 - $388,000

3 Beds
2.5 Baths
1,690 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $300,800 $178 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,555/month

39 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Community Pool
  • Bel Pre Elementary School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of February 2021

Buyer loan failed, contract released! Newly renovated, Bi-Level, 3 Bedroom, 2.5 bath, the biggest unit at 1690+/-SF, End-unit Townhouse-Condo in gated community! Brand new hardwood floors on main level, stairs and upper hallway, all new carpet in bedrooms, updated 2.5 marble bathrooms with frameless shower doors, new BR fixtures, new lighting, fresh paint throughout. Main level open floor plan, formal living, dining and family room with bright sunshine, kitchen with bay window and breakfast tablespace, granite countertops, all new stainless-steel appliances, gorgeous living room with large glass doors that open to the private balcony, updated powder room. Upper level 3 bedrooms 2 beautiful full baths, spacious master bedroom with En-Suite bathroom, with a sitting room that also fits an home-office setup, and double closets and plenty of storage space throughout. Assigned parking. Condo fees include community pool and playground, (directly right across the lawn) snow & landscape, roof & exterior maintenance (roof just gotten replaced mid-Dec). Upper-level end unit only has neighbor on one side and below; no one making noise above you, priceless! Nothing else needs to be done since almost everything is brand new, never used; just pack yourselves up, move-in and enjoy! Close to Aspen Hill shopping plaza, restaurants, public transportation and major roadways. Follow covid-19 guidelines.

Last Agent to Sell the Property

Hanna Wang

(240) 398-8102 hannaprostage@gmail.com Prostage Realty, LLC Listed on: 12/19/2020

Last Buyer's Agent

Nick DiNicola

(410) 218-7792 hometrustnick@gmail.com RE/MAX Components License #678904

RE/MAX Components

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1983 | Remodeled in 2020

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,690 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Bay Window
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

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

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161303493763

Community Details

Overview

  • Association fees include lawn maintenance, management, pool(s), security gate, snow removal, trash
  • Montgomery Chase Codm Condos
  • Montgomery Chase Community
  • Montgomery Chase Codm Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,801

Year Built

Built in 1983 | Remodeled in 2020

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: All included
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Year Renovated: 2020
  • Assigned Parking Space Numbers: 4045
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Crown Moldings, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors
  • Window Features: Bay/Bow
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 1690
  • Living Area Sq Ft: 1690
  • Price Per Sq Ft: 177.99
  • Above Grade Finished Sq Ft: 1690
  • 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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 280.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: MONTGOMERY CHASE CODM
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Pool(s), Security Gate, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 168000.00
  • Land Assessed Value: 72000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098373
  • Tax Annual Amount: 2801.00
  • Assessor Parcel Number: 161303493763
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Feb 18, 2021
Sold by
Eng Helen
Bought by
Christian Thomas
Seller's Agent
Hanna Wang
Prostage Realty, LLC
Buyer's Agent
Nick DiNicola
RE/MAX Components
List Price
$300,800
Sold Price
$300,800
Current Estimated Value
$376,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,093
Avg. Annual Appreciation
4.82%
Original Mortgage
$270,720
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 1, 2020
Sold by
U S Bank National Association
Bought by
Eng Helen
Seller's Agent
Joe Sugden
Fairfax Realty Premier
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$219,900
Sold Price
$219,039
Premium/Discount to List
-$861
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.51%

Purchase Details

Closed on
Feb 10, 2020
Sold by
Ford Crystal
Bought by
U S Bank National Association and Banc Of America Funding Corporation

Purchase Details

Closed on
Aug 12, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Ford Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,920
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Christian Thomas $300,800 Oreilly Title & Escrow Llc
Eng Helen $219,039 Accommodation
U S Bank National Association $182,548 None Available
Ford Crystal $384,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christian Thomas $270,720
Previous Owner Ford Crystal $307,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $300,800 0.0% $178 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
12/30/2020 12/30/20 Price Changed $300,800 0.0% $178 / Sq Ft
12/30/2020 12/30/20 For Sale $300,800 +2.4% $178 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/19/2020 12/19/20 For Sale $293,800 +34.1% $174 / Sq Ft
10/13/2020 10/13/20 Sold $219,039 -0.4% $130 / Sq Ft View Prior Sale
08/14/2020 08/14/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $219,900 -- $130 / 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 $3,476 $318,333 -- --
2024 $3,476 $295,000 $88,500 $206,500
2023 $4,050 $285,000 $0 $0
2022 $2,414 $275,000 $0 $0
2021 $2,204 $265,000 $79,500 $185,500
2020 $2,896 $256,667 $0 $0
2019 $2,109 $248,333 $0 $0
2018 $2,022 $240,000 $72,000 $168,000
2017 $1,897 $230,000 $0 $0
2016 $1,820 $220,000 $0 $0
2015 $1,820 $210,000 $0 $0
2014 $1,820 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC738576

Bright MLS

APN: 13-03493763