NOT LISTED FOR SALE

406 E Indian Spring Dr Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $603,000 - $803,083

4 Beds
2.5 Baths
2,902 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2023

Last sale price $550,000 $190 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,242 / mo

1 Day on Market

Highlights

  • 0.37 Acre Lot
  • Rambler Architecture
  • Level Entry For Accessibility
  • Montgomery Knolls Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2023

Absolute bargain! Unbelievable price! Priced low and firm for your pre-approved buyer who wants a great deal on a super home and huge plot of land in a great area. Hurry it won't last long at this low, low, price so do your buyer a favor and write me a squeaky clean full price offer today - and save yourself all the fun of a full price counter offer. Don't miss this opportunity for a fantastic deal in a wonderful area!

Last Agent to Sell the Property

Dan Hendricks

(202) 938-0228 elbonsivad@aol.com Samson Properties Listed on: 05/09/2023

Samson Properties

Last Buyer's Agent

Jamie Smart

(301) 658-6186 smart.jamie@outlook.com Redfin Corp License #SP200203303

Redfin Corp

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,503

Year Built

  • Built in 1961

Lot Details

  • 16,288 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Finished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Franklin Knolls Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 161301354295

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,503

Year Built

Built in 1961

Lot Details

0.37 Acres

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: 1961
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement, Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2902
  • Living Area Sq Ft: 2902
  • Price Per Sq Ft: 378.98
  • Above Grade Finished Sq Ft: 1451
  • Below Grade Finished Sq Ft: 1451
  • Total Below Grade Sq Ft: 1451
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • 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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16288.00
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5503.00
  • Assessor Parcel Number: 161301354295
  • Tax Lot: 29
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
May 25, 2023
Sold by
Bought by
Seller's Agent
Dan Hendricks
Samson Properties
Buyer's Agent
Jamie Smart
Redfin Corp
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Views
21
Current Estimated Value
$671,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,021
Avg. Annual Appreciation
6.47%
Original Mortgage
$440,000
Outstanding Balance
$423,548
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$247,473
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Spring Park, MD

  • Terry Gribbin Real Estate Agent - Gribbin Realty LLC

    Terry Gribbin

    Responds Quickly

    Gribbin Realty LLC

    (240) 363-3886

    71 Total Sales

    1 in Silver Spring Park

    $588,000 Price

    Terry Gribbin
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  • David D'Costa Real Estate Agent - Home Resource Realty International, Ltd - HRRI

    David D'Costa

    Home Resource Realty International, Ltd - HRRI

    (301) 756-5630

    81 Total Sales

    3 in Silver Spring Park

    $90K - $145K Price Range

    David D'Costa
     Section Image
  • Glen W. Sutcliffe Real Estate Agent - Long & Foster Real Estate, Inc.

    Glen W. Sutcliffe

    Long & Foster Real Estate, Inc.

    (888) 293-8456

    61 Total Sales

    1 in Silver Spring Park

    $405,000 Price

    Glen W. Sutcliffe
     Section Image
  • David Bediz Real Estate Agent - RLAH @properties

    David Bediz

    RLAH @properties

    (844) 831-5074

    186 Total Sales

    1 in Silver Spring Park

    $738,675 Price

    David Bediz
     Section Image
  • Jason Saunders Real Estate Agent - Berkshire Hathaway HomeServices PenFed Realty

    Jason Saunders

    Berkshire Hathaway HomeServices PenFed Realty

    (240) 908-5670

    13 Total Sales

    1 in Silver Spring Park

    $550,000 Price

    Jason Saunders
     Section Image
  • Charlotte Savoy Real Estate Agent - The KW Collective

    Charlotte Savoy

    The KW Collective

    (667) 771-4326

    677 Total Sales

    1 in Silver Spring Park

    $480,000 Price

    Charlotte Savoy
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 Title Forward
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $440,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Sold $550,000 0.0% $190 / Sq Ft
05/09/2023 05/09/23 For Sale $549,900 -- $189 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,737 $514,167
2024 $6,253 $479,700 $236,200 $243,500
2023 $2,653 $459,600 $0 $0
2022 $4,811 $439,500 $0 $0
2021 $4,423 $419,400 $236,200 $183,200
2020 $4,423 $413,400 $0 $0
2019 $4,321 $407,400 $0 $0
2018 $4,434 $401,400 $228,700 $172,700
2017 $4,100 $388,667 $0 $0
2016 -- $375,933 $0 $0
2015 -- $363,200 $0 $0
2014 -- $361,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Hendricks Real Estate Agent - Samson Properties

    Seller's Agent in 2023

    Dan Hendricks

    Samson Properties

    (202) 365-0788

    1 in this area

    5 Total Sales

    Dan Hendricks
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Map

Source: Bright MLS

MLS Number: MDMC2092510

Bright MLS

APN: 13-01354295

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

406 E Indian Spring Dr, Silver Spring, MD

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