NOT LISTED FOR SALE

416 Legato Terrace Silver Spring, MD 20901

Estimated Value: $426,000 - $451,000

4 Beds
2.5 Baths
1,680 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $399,000 $238 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,775/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Halls are 36 inches wide or more
  • Forced Air Heating and Cooling System
  • James Hubert Blake High School Rated A

About This Home

As of October 2023

Conveniently Located Near Major Intersections, New Hampshire Avenue, and Columbia Pike Near White Oak. Easy Access to the Beltway toward Northern Virginia, Baltimore, and Washington, DC. Less than a 10-minute drive to Downtown Silver Spring. Near Whiteoak Shopping Center, access to the Grocery Stores and restaurants.

The open-concept floor plan on the main floor has a Separate Living and Dining area with a kitchen that has space for a Breakfast Table. The kitchen also boasts Stainless Still Appliances and a Granite Countertop. The Three Level Town House has 4 Bedrooms and 2 and 1/2 bathrooms, nearly 1700 Sqft living area. The Second level has 2 Bedrooms and a Full Bath; the Third Level also has another 2 Bedrooms and a Full Bath. The HVAC was replaced in 2019, and the Water Heater was also replaced in 2020.

Last Agent to Sell the Property

Abraham Shiferaw

(240) 389-7699 abrahamrealtor777@gmail.com Taylor Properties License #0225254193 Listed on: 09/09/2023

Taylor Properties

Last Buyer's Agent

Stefany Ramirez

(240) 654-2526 stefanyrsellshomes@gmail.com Long & Foster Real Estate, Inc. License #SP0002350

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 1984

Lot Details

  • 900

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Assigned Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Halls are 36 inches wide or more
  • 900 Sq Ft Lot

Community Details

  • The Management Group Associate HOA
  • Dumont Oaks Subdivision

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number 160502321427

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,426

Year Built

Built in 1984

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-09
  • Year Built: 1984
  • Assigned Parking Space Numbers: 26
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 244.05
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 416

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 94.90
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: THE MANAGEMENT GROUP ASSOCIATE
  • HOA: Yes
  • 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

  • Horses: No
  • Land Use Code: R
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 900.00
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3426.00
  • Assessor Parcel Number: 160502321427
  • Tax Lot: 213
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/20/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 20, 2023
Sold by
Abraham
Bought by
Zelalem Tegegn Girum
Seller's Agent
Abraham Shiferaw
Taylor Properties
Buyer's Agent
Stefany Ramirez
Long & Foster Real Estate, Inc.
List Price
$410,000
Sold Price
$399,000
Premium/Discount to List
-$11,000
-2.68%
Views
239
Current Estimated Value
$441,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,772
Avg. Annual Appreciation
5.48%
Original Mortgage
$387,030
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2011
Closed on
Feb 29, 2012
Sold by
Ravizee Adrien and Ravizee Evelyn B
Bought by
Abraham Abraham and Hurufa Meaza
Seller's Agent
Carolyn Thompson
Evers & Co. Real Estate, A Long & Foster Company
Buyer's Agent
Zekarias Araya-Medhin
Heymann Realty, LLC
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$100,000
Interest Rate
3.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 11, 2000
Sold by
Wang Yong C
Bought by
Ravizee Adrien and Ravizee B E

Purchase Details

Closed on
Apr 6, 1995
Sold by
Gandy John V
Bought by
Wang Yong C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
8.66%
Source: Public Records

Range of Values:

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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
Zelalem Tegegn Girum $399,000 Stewart Title
Zelalem Tegegn Girum $399,000 Stewart Title
Abraham Abraham $225,000 First American Title Ins Co
Ravizee Adrien $119,900 --
Wang Yong C $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zelalem Tegegn Girum $387,030
Previous Owner Abraham Abraham $100,000
Previous Owner Ravizee Adrien $80,000
Previous Owner Wang Yong C $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $399,000 -2.7% $238 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $410,000 +82.2% $244 / Sq Ft
02/29/2012 02/29/12 Sold $225,000 0.0% $134 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $225,000 0.0% $134 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
12/29/2011 12/29/11 For Sale $225,000 0.0% $134 / Sq Ft
12/28/2011 12/28/11 Off Market $225,000 -- --
12/16/2011 12/16/11 Price Changed $225,000 -1.7% $134 / Sq Ft
11/15/2011 11/15/11 Price Changed $228,999 0.0% $136 / Sq Ft
11/09/2011 11/09/11 Price Changed $229,000 -4.5% $136 / Sq Ft
10/23/2011 10/23/11 Price Changed $239,900 -4.0% $143 / Sq Ft
10/19/2011 10/19/11 For Sale $249,900 -- $149 / 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 $3,906 $323,167 -- --
2024 $3,906 $308,333 $0 $0
2023 $335 $293,500 $126,000 $167,500
2022 $543 $280,800 $0 $0
2021 $2,384 $268,100 $0 $0
2020 $2,384 $255,400 $126,000 $129,400
2019 $2,327 $251,367 $0 $0
2018 $2,280 $247,333 $0 $0
2017 $2,284 $243,300 $0 $0
2016 -- $237,033 $0 $0
2015 $3,135 $230,767 $0 $0
2014 $3,135 $224,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2104922

Bright MLS

APN: 05-02321427