NOT LISTED FOR SALE

431 University Blvd E Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $573,000 - $629,000

4 Beds
3 Baths
1,556 Sq Ft
$388/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $425,000 $273 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,694/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Eastern Middle School Rated A-
  • No HOA
  • 3-minute walk to Long Branch/Wayne Local Park

About This Home

As of August 2020

Showings are restricted to the owners and agent s safety. Stick to the showing windows provided. Please follow all CDC and state guidelines. Solid brick 4 bedroom and 3 full bath, fully finished walkout basement that is convenient for separate rental, huge back and front yard, ample parking space in the front, minutes to Silver Spring downtown and right by the new Purple Metro line. Well maintained house. Look the amenities and upcoming developments in the area. Will not last.

Last Agent to Sell the Property

Muller Dessie

(301) 366-6058 muller@happyhomesdc.com EXP Realty, LLC Listed on: 07/15/2020

EXP Realty, LLC

Last Buyer's Agent

Emmanuel Woldu

(301) 793-1216 emman_wol@verizon.net Fairfax Realty Premier

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,893

Year Built

  • Built in 1943

Lot Details

  • 5,250 Sq Ft Lot
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Utilities

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

Community Details

  • No Home Owners Association
  • Long Branch Village Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 161301254526

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,893

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-07-15
  • Year Built: 1943
  • Automatically Close On Close Date: No
  • Remarks Public: Showings are restricted to the owners and agent s safety. Stick to the showing windows provided. Please follow all CDC and state guidelines. Solid brick 4 bedroom and 3 full bath, fully finished walkout basement that is convenient for separate rental, huge back and front yard, ample parking space in the front, minutes to Silver Spring downtown and right by the new Purple Metro line. Well maintained house. Look the amenities and upcoming developments in the area. Will not last.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Room Count: 4
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Improved, Interior Access, Outside Entrance, Rear Entrance, Walkout Level
  • Total Sq Ft: 1716
  • Living Area Sq Ft: 1556
  • Price Per Sq Ft: 356.29
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Finished Sq Ft: 380
  • Below Grade Sq Ft: 160
  • Total Below Grade Sq Ft: 540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding, Mixed
  • 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: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: Annually

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: 154500.00
  • Land Assessed Value: 191000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5250.00
  • Year Assessed: 2020
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14028178
  • Tax Annual Amount: 3893.00
  • Assessor Parcel Number: 161301254526
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1556
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/31/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Aug 31, 2020
Sold by
Zeleke Chalachew
Bought by
Ogbae Hylaab
Seller's Agent
Muller Dessie
EXP Realty, LLC
Buyer's Agent
Emmanuel Woldu
Fairfax Realty Premier
List Price
$419,000
Sold Price
$425,000
Premium/Discount to List
$6,000
1.43%
Current Estimated Value
$603,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,657
Avg. Annual Appreciation
5.94%
Original Mortgage
$340,000
Outstanding Balance
$305,133
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$264,501

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 24, 2017
Sold by
Toukara Alexandria M and Tounkara Jean Claude M
Bought by
Zeleke Chalachew
Seller's Agent
Bryan Kerrigan
Redfin Corp
Buyer's Agent
Kiros Asmamaw
Heymann Realty, LLC
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$339,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2009
Sold by
Seck Atta P
Bought by
Bank Of New York Tr

Purchase Details

Closed on
Jan 30, 2002
Sold by
Ayala Francisco and Ayala C
Bought by
Seck Atta P
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
Ogbae Hylaab $425,000 Realty Title Services Inc
Zeleke Chalachew $350,000 None Available
Bank Of New York Tr $313,225 --
Seck Atta P $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogbae Hylaab $340,000
Previous Owner Zeleke Chalachew $339,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $425,000 +1.4% $273 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $419,000 +19.7% $269 / Sq Ft
05/25/2017 05/25/17 Sold $350,000 0.0% $204 / Sq Ft
04/30/2017 04/30/17 Off Market $350,000 -- --
04/23/2017 04/23/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $349,900 -- $204 / 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 $5,931 $499,400 -- --
2024 $5,931 $457,600 $191,000 $266,600
2023 $4,790 $420,233 $0 $0
2022 $4,127 $382,867 $0 $0
2021 $3,652 $345,500 $191,000 $154,500
2020 $6,855 $328,067 $0 $0
2019 $3,202 $310,633 $0 $0
2018 $2,984 $293,200 $183,800 $109,400
2017 $3,101 $293,200 $0 $0
2016 $2,925 $293,200 $0 $0
2015 $2,925 $301,400 $0 $0
2014 $2,925 $299,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Muller Dessie

    Seller's Agent in 2020

    Muller Dessie

    EXP Realty, LLC

    (301) 366-6058

    4 in this area

    147 Total Sales

    Muller Dessie
    Section Image

  • E

    Buyer's Agent in 2020

    Emmanuel Woldu

    Fairfax Realty Premier

    (301) 793-1216

    23 Total Sales

    Emmanuel Woldu
    Section Image
  • Kiros Asmamaw

    Buyer's Agent in 2017

    Kiros Asmamaw

    Heymann Realty, LLC

    (202) 207-6036

    1 in this area

    129 Total Sales

    Kiros Asmamaw
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC714664

Bright MLS

APN: 13-01254526

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

431 University Blvd E, Silver Spring, MD

This home is located at 431 University Blvd E, Silver Spring, MD 20901 since 15 July 2020 and is currently estimated at $603,657, approximately $387 per square foot. This property was built in 1943. 431 University Blvd E is a home located in Montgomery County with nearby schools including New Hampshire Estates Elementary School, Oak View Elementary School, and Eastern Middle School.

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