$350,000
SOLD JUL 31, 2024 RENTED JUN 25, 2025

4063 Chesterwood Dr Silver Spring, MD 20906

3 Beds
2.5 Baths
1,439 Sq Ft
$342/mo HOA Fee

Recently Sold

$243 Per Sq Ft

8% Below List Price

29 Days on Market

Highlights

  • Gated Community
  • Bel Pre Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2024

Great 3 bedrooms with 2 baths and on 2 levels, within proximity to Glen-Mont metro station and shopping centers.

Last Agent to Sell the Property

Ola Famuyiwa

Leeds Realty, Inc. License #316498 Listed on: 05/22/2024

Last Buyer's Agent

Ola Famuyiwa

Leeds Realty, Inc. License #316498 Listed on: 05/22/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1983

HOA Fees

  • $342 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Back-to-Back Home
  • Slab Foundation

Interior Spaces

  • 1,439 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303493626

Community Details

Overview

  • Association fees include lawn maintenance
  • Montgomery Chase Codm Community
  • Montgomery Chase Codm Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,904

Year Built

Built in 1983

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Back-To-Back
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Great 3 bedrooms with 2 baths and on 2 levels, within proximity to Glen-Mont metro station and shopping centers.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1439
  • Living Area Sq Ft: 1439
  • Price Per Sq Ft: 264.00
  • Above Grade Finished Sq Ft: 1439
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4063

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 21.83
  • 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: Yes
  • Condo Co-Op Fee: 342.17
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Gated Community
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • 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

Lot Info

  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2904.00
  • Assessor Parcel Number: 161303493626
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/31/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 22, 2024
Sold by
Adeyinka Oluwatoyin A and Adeyinka Adekunle
Bought by
Adeola Adeyeye Trust
Seller's Agent
Ola Famuyiwa
Leeds Realty, Inc.
Buyer's Agent
Ola Famuyiwa
Leeds Realty, Inc.
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Views
94
Current Estimated Value
$357,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,608
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
May 8, 2006
Sold by
Ridgewood I Townhomes Llc
Bought by
Adeyinka Oluwatoyin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 28, 2005
Sold by
Ridgewood I Townhomes Llc
Bought by
Adeyinka Oluwatoyin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,900
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $350,000 Cal Settlements
Deed $344,900 --
Deed $344,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $34,500 Credit Line Revolving
Previous Owner $275,900 Purchase Money Mortgage
Previous Owner $275,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Under Contract -- -- --
06/16/2025 06/16/25 For Rent $2,500 0.0% --
06/09/2025 06/09/25 Under Contract -- -- --
05/12/2025 05/12/25 Price Changed $2,500 -7.2% $2 / Sq Ft
12/05/2024 12/05/24 For Rent $2,695 0.0% --
07/31/2024 07/31/24 Sold $350,000 -7.9% $243 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $379,900 -- $264 / 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
2024 $3,188 $270,000 $81,000 $189,000
2023 $3,108 $263,333 $0 $0
2022 $2,069 $256,667 $0 $0
2021 $2,825 $250,000 $75,000 $175,000
2020 $5,462 $241,667 $0 $0
2019 $2,636 $233,333 $0 $0
2018 $2,548 $225,000 $67,500 $157,500
2017 $1,686 $213,333 $0 $0
2016 $1,606 $201,667 $0 $0
2015 $1,606 $190,000 $0 $0
2014 $1,606 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2133240

Bright MLS

APN: 13-03493626