NOT LISTED FOR SALE

408 E Shaw Ave Silver Spring, MD 20904

Estimated Value: $758,000 - $959,000

6 Beds
5 Baths
5,340 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $620,000 $116 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,363/month

16 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Brick Front
  • Springbrook High School Rated A-
  • No HOA
  • Central Air

About This Home

As of October 2020

Welcome to this move in ready, gorgeous, bright and spacious brick single family home in the heart of the beautiful city of Silver Spring Maryland! With a total of 6 bright and spacious bedrooms, 3 full baths and 2 half baths this home has it all! Everything in this home is beautiful and unique with emphasis on the ampleness of all areas. This beauty has a great location which is accessible to lots of shopping centers, cafes, businesses and all kinds of entertainment for all ages! Your first impression when touring this beauty is the stunning landscape work that have been meticulously worked on for years as well as the gorgeous and original brick façade which has been kept in mint condition. As you walk in, be fascinated by the nice size and full of natural light living room and dining room spaces all-embracing a beautiful kitchen that is centric and accessible to all three areas. This home not only really captures an immense amount of natural lighting but also all the natural light gets reflected on the beautiful and unique different floorings that embellish every area in many different ways. Among all the characteristics that make this home so beautiful, practical and move in ready, there are also other design features worth mentioning, that being a great decor concept of its gorgeous white fireplace with shelving areas in the family room and the stunning molding work which gives this home a luxury accent. This home has two kitchens. The main kitchen features gorgeous warm tone wood cabinets, a very uniquely cozy stone backsplash and an exotic natural countertop stone. Not only beauty and durability is part of this kitchen, but it also has the practicality of its bar area which is great for grabbing a quick bite or serving a quick meal on a rushed school or work morning. Additionally, to all the uniqueness and beauty that this level offers, you will find a very convenient door that opens up to an amazing super large finished patio excellent for entertaining family and friends with an outdoors setting. Moving down to the basement this home offers a super spacious recreational multi-purpose area, a super elegant bar amazing for entertaining and the large size laundry room exceptional to design to your taste and complement in the future with cabinets or counter space. This level also offers the great convenience of access to the outdoors! This basement also has been finished with beautiful recessed lighting and super durable tile flooring. In this fast pace moving Real Estate market, this home is a must see that you do not want to miss! This house is waiting for you and your family to call it HOME!

Last Agent to Sell the Property

Alex Martinez

The Agency DC License #BR98379367 Listed on: 08/14/2020

The Agency DC

Co-Listed By

Juan C. Granados

Compass License #SP98377363

Last Buyer's Agent

Daniel Hailu

Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,654

Year Built

  • Built in 1971

Lot Details

  • 0.43 Acre Lot
  • Property is zoned R90

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Woodlawn Terrace Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160500384616

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,654

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this move in ready, gorgeous, bright and spacious brick single family home in the heart of the beautiful city of Silver Spring Maryland! With a total of 6 bright and spacious bedrooms, 3 full baths and 2 half baths this home has it all! Everything in this home is beautiful and unique with emphasis on the ampleness of all areas. This beauty has a great location which is accessible to lots of shopping centers, cafes, businesses and all kinds of entertainment for all ages! Your first impression when touring this beauty is the stunning landscape work that have been meticulously worked on for years as well as the gorgeous and original brick façade which has been kept in mint condition. As you walk in, be fascinated by the nice size and full of natural light living room and dining room spaces all-embracing a beautiful kitchen that is centric and accessible to all three areas. This home not only really captures an immense amount of natural lighting but also all the natural light gets reflected on the beautiful and unique different floorings that embellish every area in many different ways. Among all the characteristics that make this home so beautiful, practical and move in ready, there are also other design features worth mentioning, that being a great decor concept of its gorgeous white fireplace with shelving areas in the family room and the stunning molding work which gives this home a luxury accent. This home has two kitchens. The main kitchen features gorgeous warm tone wood cabinets, a very uniquely cozy stone backsplash and an exotic natural countertop stone. Not only beauty and durability is part of this kitchen, but it also has the practicality of its bar area which is great for grabbing a quick bite or serving a quick meal on a rushed school or work morning. Additionally, to all the uniqueness and beauty that this level offers, you will find a very convenient door that opens up to an amazing super large finished patio excellent for entertaining family and friends with an outdoors setting. Moving down to the basement this home offers a super spacious recreational multi-purpose area, a super elegant bar amazing for entertaining and the large size laundry room exceptional to design to your taste and complement in the future with cabinets or counter space. This level also offers the great convenience of access to the outdoors! This basement also has been finished with beautiful recessed lighting and super durable tile flooring. In this fast pace moving Real Estate market, this home is a must see that you do not want to miss! This house is waiting for you and your family to call it HOME!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 5340
  • Living Area Sq Ft: 5340
  • Price Per Sq Ft: 144.03
  • Above Grade Finished Sq Ft: 4374
  • Below Grade Finished Sq Ft: 966
  • Total Below Grade Sq Ft: 966
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • 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: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: Unknown

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: 235400.00
  • Land Assessed Value: 247300.00
  • Land Use Code: 011
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18638.00
  • Year Assessed: 2020
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13843680
  • Tax Annual Amount: 5654.00
  • Assessor Parcel Number: 160500384616
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 2702
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/16/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 21, 2020
Sold by
Pena Orlando and Pena Bertha
Bought by
Desta Menberu
Seller's Agent
Alex Martinez
The Agency DC
Buyer's Agent
Daniel Hailu
Taylor Properties
List Price
$629,999
Sold Price
$620,000
Premium/Discount to List
-$9,999
-1.59%
Current Estimated Value
$854,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,164
Avg. Annual Appreciation
6.98%
Original Mortgage
$589,000
Outstanding Balance
$530,071
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$324,093
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
Desta Menberu $620,000 Worldwide Settlements Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desta Menberu $589,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $620,000 -1.6% $116 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $629,999 -- $118 / 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 $7,747 $608,367 $0 $0
2023 $5,397 $467,300 $247,300 $220,000
2022 $5,119 $467,300 $247,300 $220,000
2021 $5,049 $467,300 $247,300 $220,000
2020 $10,356 $482,700 $247,300 $235,400
2019 $4,963 $465,933 $0 $0
2018 $4,761 $449,167 $0 $0
2017 $4,580 $432,400 $0 $0
2016 $4,679 $417,933 $0 $0
2015 $4,679 $403,467 $0 $0
2014 $4,679 $389,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC720710

Bright MLS

APN: 05-00384616