NOT LISTED FOR SALE

407 Chestnut Ave Washington Grove, MD 20880

Estimated Value: $630,000 - $718,000

3 Beds
4 Baths
1,771 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $495,000 $280 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,245/month

4 Days on Market

Highlights

  • 0.29 Acre Lot
  • Rambler Architecture
  • Main Floor Bedroom
  • Traditional Floor Plan
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of October 2020

Photos later today. This may be the one you have been waiting for! Custom built in 1963 this home has had only one owner. This rambler features a big family room across the back, a kitchen open to the living/dining, 3BR/2BA, all on the main level. The gas fireplace with classic mantle in the living room, newly refinished hardwood floors and fresh paint on the main level, and a screened in porch are some of the classic features. The lower level has a fireplace and is waiting for someone to finish the space. A large flat back yard has lots of possibilities. This is one of the few homes with natural gas in Washington Grove. With almost 100 acres of parkland within the Town and a great private swimming lake, Washington Grove is an oasis. During normal times the town offers a wide variety of community events including Music Weekend, the 4th of July Parade, Summer in the Parks, and a fall field day celebration. Community spirit and commitment abound. Conveniently located within walking distance of the MARC; the Shady Grove Metro Station, I-270, I-370, and the ICC are also nearby. Please observe covid safe practices. Please observe covid safe procedures. Masks required

Last Agent to Sell the Property

Susan Van Nostrand

Compass Listed on: 09/03/2020

Compass

Last Buyer's Agent

Suzanne Parmet

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 1962

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned R200

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Built-In Range
  • Stove
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Washer
  • Gas Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Private Parking
  • Circular Driveway
  • Stone Driveway

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Washington Grove Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 33
  • Assessor Parcel Number 160900781066

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,200

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-09-03
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Photos later today. This may be the one you have been waiting for! Custom built in 1963 this home has had only one owner. This rambler features a big family room across the back, a kitchen open to the living/dining, 3BR/2BA, all on the main level. The gas fireplace with classic mantle in the living room, newly refinished hardwood floors and fresh paint on the main level, and a screened in porch are some of the classic features. The lower level has a fireplace and is waiting for someone to finish the space. A large flat back yard has lots of possibilities. This is one of the few homes with natural gas in Washington Grove. With almost 100 acres of parkland within the Town and a great private swimming lake, Washington Grove is an oasis. During normal times the town offers a wide variety of community events including Music Weekend, the 4th of July Parade, Summer in the Parks, and a fall field day celebration. Community spirit and commitment abound. Conveniently located within walking distance of the MARC; the Shady Grove Metro Station, I-270, I-370, and the ICC are also nearby. Please observe covid safe practices. Please observe covid safe procedures. Masks required
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer - Gas, Range Hood, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Primary Bath(s), Recessed Lighting, Wood Floors
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Unfinished
  • Total Sq Ft: 3134
  • Living Area Sq Ft: 1771
  • Price Per Sq Ft: 279.50
  • Above Grade Finished Sq Ft: 1771
  • Below Grade Sq Ft: 1363
  • Total Below Grade Sq Ft: 1363
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full 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
  • Parking Features: Circular Driveway, Stone Driveway, Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 150.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 260100.00
  • Land Assessed Value: 206200.00
  • Land Use Code: 011
  • Lot Features: Level
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12600.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Good, Average
  • Year Assessed: 2020
  • Zoning: R200
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13890497
  • Tax Annual Amount: 6200.00
  • Assessor Parcel Number: 160900781066
  • Tax Lot: 33
  • Tax Total Finished Sq Ft: 2271
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/06/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 6, 2020
Sold by
Shelby Eric Matthew and Shelby Diane Elaine
Bought by
Banachowski Carrie
Seller's Agent
Susan Van Nostrand
Compass
Buyer's Agent
Suzanne Parmet
Compass
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$670,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,711
Avg. Annual Appreciation
6.11%
Original Mortgage
$396,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1999
Sold by
E Diane E and E Selby W
Bought by
Diane Elaine Selby Tr
Source: Public Records

Range of Values:

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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
Banachowski Carrie $495,000 Federal Title & Escrow Co
Diane Elaine Selby Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banachowski Carrie $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $495,000 0.0% $280 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $495,000 -- $280 / 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 $7,167 $548,100 -- --
2024 $7,167 $525,900 $0 $0
2023 $6,915 $503,700 $234,600 $269,100
2022 $6,559 $491,233 $0 $0
2021 $6,329 $478,767 $0 $0
2020 $10,996 $466,300 $206,200 $260,100
2019 $5,509 $466,300 $206,200 $260,100
2018 $5,555 $466,300 $206,200 $260,100
2017 $5,283 $476,800 $0 $0
2016 $5,574 $436,500 $0 $0
2015 $5,574 $396,200 $0 $0
2014 $5,574 $355,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC723618

Bright MLS

APN: 09-00781066