NOT LISTED FOR SALE

408 Lanark Way Silver Spring, MD 20901

South Four Corners Neighborhood

Estimated Value: $733,000 - $809,000

3 Beds
3 Baths
1,392 Sq Ft
$556/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $360,000 $259 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,875/month

197 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Forced Air Heating and Cooling System
  • Montgomery Knolls Elementary School Rated A
  • No HOA
  • 4-minute walk to South Four Corners Park

About This Home

As of September 2015

PRICE REDUCTION!!!! Location, location, location!!! Corner lot Cape Code house located off Route 29 (Colesville Road) and within minutes to I-495. Wood floors, fenced yard, walk-out basement, in-law suite.

Last Agent to Sell the Property

Miriam Aguirre-Lennox

RE/MAX Allegiance License #524834 Listed on: 08/21/2014

RE/MAX Allegiance

Last Buyer's Agent

Miriam Aguirre-Lennox

RE/MAX Allegiance License #524834 Listed on: 08/21/2014

RE/MAX Allegiance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1941

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Dining Area
  • Washer

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Connecting Stairway
  • Side Basement Entry
  • Basement with some natural light

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Fairway Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161301109322

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,938

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1941
  • Remarks Public: PRICE REDUCTION!!!! Location, location, location!!! Corner lot Cape Code house located off Route 29 (Colesville Road) and within minutes to I-495. Wood floors, fenced yard, walk-out basement, in-law suite.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Stove, Refrigerator, Microwave
  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Side Entrance, Daylight, Partial
  • Living Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 136300.00
  • Land Assessed Value: 194100.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6098
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Year Assessed: 2014
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14014363
  • Tax Annual Amount: 3937.62
  • Assessor Parcel Number: 161301109322
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2028
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 09/15/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2005
Sold by
Clark Robert L
Bought by
Puente Eden
Current Estimated Value
$765,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,935
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 27, 2005
Sold by
Clark Robert L
Bought by
Puente Eden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,935
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 9, 2005
Sold by
Maher John C and Maher A M
Bought by
Clark Robert L

Purchase Details

Closed on
Jun 1, 2005
Sold by
Maher John C and Maher A M
Bought by
Clark Robert L
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
Puente Eden $452,900 --
Puente Eden $452,900 --
Clark Robert L $300,000 --
Clark Robert L $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Kimi $50,000
Open Mcgrath Kimi $266,000
Closed Mcgrath Kimi $288,000
Closed Puente Eden $67,935
Closed Puente Eden $339,675
Closed Puente Eden $339,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $360,000 0.0% $259 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $359,900 0.0% $259 / Sq Ft
02/09/2015 02/09/15 Off Market $360,000 -- --
02/04/2015 02/04/15 Price Changed $359,900 -2.7% $259 / Sq Ft
02/02/2015 02/02/15 For Sale $370,000 +2.8% $266 / Sq Ft
01/28/2015 01/28/15 Off Market $360,000 -- --
01/26/2015 01/26/15 Price Changed $359,900 -1.3% $259 / Sq Ft
01/03/2015 01/03/15 Price Changed $364,500 -2.8% $262 / Sq Ft
12/05/2014 12/05/14 For Sale $375,000 0.0% $269 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
09/22/2014 09/22/14 Price Changed $375,000 -3.8% $269 / Sq Ft
09/10/2014 09/10/14 Price Changed $390,000 -2.5% $280 / Sq Ft
09/04/2014 09/04/14 Price Changed $399,900 -2.2% $287 / Sq Ft
08/21/2014 08/21/14 For Sale $409,000 -- $294 / 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 $8,178 $652,767 $0 $0
2023 $6,796 $596,533 $0 $0
2022 $4,355 $540,300 $208,700 $331,600
2021 $3,270 $517,033 $0 $0
2020 $6,540 $493,767 $0 $0
2019 $4,965 $470,500 $194,100 $276,400
2018 $4,427 $423,800 $0 $0
2017 $4,221 $377,100 $0 $0
2016 -- $330,400 $0 $0
2015 $3,083 $323,967 $0 $0
2014 $3,083 $317,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Miriam Aguirre-Lennox

    Seller's Agent in 2015

    Miriam Aguirre-Lennox

    RE/MAX

    (202) 790-3691

    4 Total Sales

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Map

Source: Bright MLS

MLS Number: 1003161042

Bright MLS

APN: 13-01109322

Maryland Montgomery County Silver Spring 20901 South Four Corners

408 Lanark Way, Silver Spring, MD

This home is located at 408 Lanark Way, Silver Spring, MD 20901 since 21 August 2014 and is currently estimated at $774,183, approximately $556 per square foot. This property was built in 1941. 408 Lanark Way is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Silver Spring International Middle School.

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