NOT LISTED FOR SALE

423 Cloverly Forest Dr Silver Spring, MD 20905

Estimated Value: $831,000 - $1,044,000

5 Beds
3.5 Baths
2,499 Sq Ft
$366/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $678,392 $271 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,500/month

66 Days on Market

Highlights

  • Built in 2016 | Newly Remodeled
  • Colonial Architecture
  • Sun or Florida Room
  • Cloverly Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of December 2016

*Brand New Home* To be Built, The Amy! On the main floor of the Alison plan, you'll find a formal living room, a spacious family room and open kitchen with a center island, nook and optional gourmet features. Upstairs, enjoy a convenient laundry, a loft and a lavish master suite with an expansive walk-in closet. Personalize this plan with an optional sunroom, a deluxe master bath and more.

Last Agent to Sell the Property

Jay Day

(866) 702-9038 jayday@dayhometeam.com LPT Realty, LLC Listed on: 03/18/2016

Last Buyer's Agent

John Guynn

(301) 213-6959 jhguynn@comcast.net John H. Guynn Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 2,499 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Sun or Florida Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump

Parking

  • Garage
  • Front Facing Garage

Schools

  • Fairland Elementary School
  • Benjamin Banneker Middle School
  • James Hubert Blake High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Heating Available
  • Programmable Thermostat
  • 60+ Gallon Tank

Community Details

  • $175 Other One-Time Fees
  • Built by RICHMOND AMERICAN
  • Cloverly Forest Subdivision, Amy Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 7
  • $650 Front Foot Fee per year

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Icemaker, Microwave, Refrigerator, Stove
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Breakfast Room, Sun/Florida Room, Great Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Walkout Stairs, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2499
  • Living Area Sq Ft: 2499
  • Price Per Sq Ft: 271.47
  • Above Grade Finished Sq Ft: 2499
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick, Brick Front
  • Pool Private: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Programmable Thermostat
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 175.00
  • Other Fees Frequency: One Time

Schools

  • Elementary School: FAIRLAND
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: BENJAMIN BANNEKER

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 10890
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Attached Yn: No

Building Info

  • Builder Name: RICHMOND AMERICAN

Rental Info

  • Vacation Rental: No

Multi Family

  • Front Foot Fee: 650.00

Tax Info

  • Assessor Parcel Number: 14122502
  • Assessor Parcel Number: 0000
  • Tax Lot: 7

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Dec 21, 2016
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Duong Hoang Ngoc and Duong Luciana
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
John Guynn
John H. Guynn Realty, LLC
List Price
$559,990
Sold Price
$678,392
Premium/Discount to List
$118,402
21.14%
Current Estimated Value
$902,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,483
Avg. Annual Appreciation
3.35%
Original Mortgage
$542,714
Outstanding Balance
$446,666
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$467,731
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duong Hoang Ngoc $678,392 Stewart Title Co Of Marland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Hoang Ngoc $542,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $678,392 0.0% $271 / Sq Ft
09/07/2016 09/07/16 Price Changed $678,392 +5.0% $271 / Sq Ft
05/27/2016 05/27/16 Price Changed $645,990 +15.4% $258 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $559,990 -- $224 / 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 $8,654 $757,967 -- --
2024 $8,654 $710,933 $0 $0
2023 $7,398 $663,900 $208,400 $455,500
2022 $6,987 $657,133 $0 $0
2021 $6,756 $650,367 $0 $0
2020 $6,756 $643,600 $208,400 $435,200
2019 $6,740 $643,600 $208,400 $435,200
2018 $6,744 $643,600 $208,400 $435,200
2017 $7,086 $673,200 $0 $0
2016 -- $208,400 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002411483

Bright MLS

APN: 05-03749724