NOT LISTED FOR SALE

422 Cloverly Forest Dr Silver Spring, MD 20905

Estimated Value: $921,842 - $1,033,000

5 Beds
3.5 Baths
3,924 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $915,000 $233 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,838/month

5 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Cathedral Ceiling
  • Cloverly Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of March 2022

Gorgeous 5 Bedrooms home, 3 Full baths & 1 Half Bath colonial. With so much natural light, just build in 2017. Such excellent layout. Gorgeous hardwood floors through out the main level. With a well appointed kitchen with a center island and a gourmet kitchen. A family room and a formal dining room. A mud room, Fully finished and remodel 2 car garage and new cabinet storage and floor coating. A beautiful brand new deck and new patio with a fire pit, so you can enjoy with your family and make memories. The fully finished lower level with a family room, a 5th bedroom with a full bathroom plus another large room that can be utilize as a 6th bedroom. Making your way up to the upper level, will find the lavish master bedroom with a master bath and custom made walking closets, plus 3 additional bedrooms. A beautiful laundry room and so much more! Offers due Tuesday 3/1/22 10am.

Last Agent to Sell the Property

Nubia Fuentes

(301) 672-7715 nubia.fuentes@exitresults.com Hyatt & Company Real Estate, LLC License #625213 Listed on: 02/24/2022

Last Buyer's Agent

Yony Kifle

(703) 405-5182 homes.yourdmvteam@gmail.com EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,388

Year Built

  • Built in 2017

Lot Details

  • 0.25 Acre Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned RE1

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Cathedral Ceiling
  • Electric Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • English Basement
  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump
  • Natural lighting in basement
  • Basement with some natural light

Outdoor Features

  • Deck
  • Patio

Utilities

  • 90% Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • $650 Capital Contribution Fee
  • Association fees include insurance, management, road maintenance
  • Built by RICHMOND AMERICAN HOMES
  • Cloverly Forest Subdivision, Amy Floorplan

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 160503749792
  • $650 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,388

Year Built

Built in 2017

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2/24/2022 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2017
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Cooktop, Oven - Wall, Refrigerator, Icemaker, Washer, Dryer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Breakfast Area, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Gourmet, Kitchen - Table Space, Pantry, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Crown Moldings, Store/Office
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings, Dry Wall, High
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Rear Entrance, Daylight, Full, Daylight, Partial, English, Partially Finished, Sump Pump, Walkout Level
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4268
  • Living Area Sq Ft: 3924
  • Price Per Sq Ft: 310.86
  • Above Grade Finished Sq Ft: 2892
  • Below Grade Finished Sq Ft: 1032
  • Below Grade Sq Ft: 344
  • Total Below Grade Sq Ft: 1376
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stone
  • Roof: Architectural Shingle, Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Programmable Thermostat, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 70.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Road Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Capital Contribution Fee: 650.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10919.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: RE1
  • In City Limits: Yes

Building Info

  • Builder Name: RICHMOND AMERICAN HOMES

Rental Info

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

Tax Info

  • Tax Annual Amount: 7388.00
  • Assessor Parcel Number: 160503749792
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Front Foot Fee: 650.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 24, 2022
Sold by
Munizaga Verazain Diego Ignacio and Munizaga Consue
Bought by
Gizaw Kaleab and Gizaw Kalkidan
Seller's Agent
Nubia Fuentes
Hyatt & Company Real Estate, LLC
Buyer's Agent
Yony Kifle
EXP Realty, LLC
List Price
$899,000
Sold Price
$915,000
Premium/Discount to List
$16,000
1.78%
Current Estimated Value
$965,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,988
Avg. Annual Appreciation
1.57%
Original Mortgage
$812,250
Outstanding Balance
$763,053
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$207,658

Purchase Details

Listed on
Sep 7, 2017
Closed on
Nov 2, 2017
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Munizaga Verazain Diego Ignacio and Munizaga Consuelo
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$679,760
Sold Price
$679,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$622,490
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gizaw Kaleab $915,000 Westcor Land Title
Munizaga Verazain Diego Ignacio $679,760 Stewart Title Of Maryland In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gizaw Kaleab $812,250
Previous Owner Munizaga Verazain Diego Ignacio $622,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2022 03/30/22 Sold $915,000 +1.8% $233 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $899,000 0.0% $229 / Sq Ft
02/24/2022 02/24/22 For Sale $899,000 +32.3% $229 / Sq Ft
11/30/2017 11/30/17 Sold $679,760 0.0% $197 / Sq Ft View Prior Sale
09/07/2017 09/07/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $679,760 -- $197 / 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 $8,599 $754,733 -- --
2024 $8,599 $708,067 $0 $0
2023 $7,348 $661,400 $210,000 $451,400
2022 $6,883 $649,500 $0 $0
2021 $6,696 $637,600 $0 $0
2020 $6,541 $625,700 $210,000 $415,700
2019 $6,525 $625,700 $210,000 $415,700
2018 $6,477 $625,700 $210,000 $415,700
2017 $2,422 $210,000 $0 $0
2016 -- $210,000 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nubia Fuentes

    Seller's Agent in 2022

    Nubia Fuentes

    Hyatt & Company Real Estate, LLC

    (301) 672-7715

    1 in this area

    41 Total Sales

    Nubia Fuentes
    Section Image
  • Yony Kifle

    Buyer's Agent in 2022

    Yony Kifle

    EXP Realty, LLC

    (703) 405-5182

    2 in this area

    457 Total Sales

    Yony Kifle
    Section Image
  • Alem Mengesha

    Buyer Co-Listing Agent in 2022

    Alem Mengesha

    EXP Realty, LLC

    (202) 913-3388

    1 in this area

    47 Total Sales

    Alem Mengesha
    Section Image
  • Jay Day

    Seller's Agent in 2017

    Jay Day

    LPT Realty, LLC

    (866) 702-9038

    1,195 Total Sales

    Jay Day
    Section Image
  • Alex Martinez

    Buyer's Agent in 2017

    Alex Martinez

    The Agency DC

    (240) 258-2668

    6 in this area

    1,006 Total Sales

    Alex Martinez
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2038128

Bright MLS

APN: 05-03749792

Maryland Montgomery County Silver Spring 20905

422 Cloverly Forest Dr, Silver Spring, MD

Not Listed for Sale

Detached

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