NOT LISTED FOR SALE

500 Ridgewell Way Silver Spring, MD 20902

Estimated Value: $878,000 - $946,000

5 Beds
3.5 Baths
3,124 Sq Ft
$289/Sq Ft Est. Value

Last Sold February 23, 2015

Last sale price $548,000 $175 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,504/month

189 Days on Market

Highlights

  • 0.46 Acre Lot
  • Deck
  • Wooded Lot
  • Colonial Architecture
  • Private Lot
  • Traditional Floor Plan

About This Home

As of February 2015

Classic Colonial in Park-like private setting on cul-de-sac; Professionally landscaped near 1/2 acre lot surrounded by mature trees; Large deck overlooks trees and numerous plantings; new heat pump 1/15;Hwd floors on main and upper levels;updated energy efficient windows; remodeled master bath; skylights;updated appliances in kitchen; finished level walk-out lower level;1 yr Old Republic Warranty

Last Agent to Sell the Property

Barbara Ciment

(301) 346-9126 barbara@ciment.com Perennial Real Estate Listed on: 07/15/2014

Last Buyer's Agent

Barbara Ciment

(301) 346-9126 barbara@ciment.com Perennial Real Estate Listed on: 07/15/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,843

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • No Through Street
  • Private Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring
  • Finished Basement
  • Rear Basement Entry

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Humidifier
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by STANLEY MARTIN
  • Kemp Mill Forest Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 59
  • Assessor Parcel Number 161302382004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,843

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Breakfast Area, Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Primary Bath(s), Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Insulated, Skylights
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3124
  • Living Area Sq Ft: 3124
  • Price Per Sq Ft: 267.72
  • Above Grade Finished Sq Ft: 2054
  • Below Grade Finished Sq Ft: 1070
  • Total Below Grade Sq Ft: 1070
  • 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, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Street Lights
  • 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
  • Parking Features: Garage
  • Garage Features: Covered Parking, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 289500.00
  • Land Assessed Value: 198000.00
  • Lot Features: Landscaping, Backs To Trees, No Thru Street, Trees/Wooded, Private
  • Lot Size Acres: 0.46
  • Lot Size Area: 20000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R200

Building Info

  • Builder Name: STANLEY MARTIN

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14058637
  • Tax Annual Amount: 5843.34
  • Assessor Parcel Number: 161302382004
  • Tax Lot: 59
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Feb 23, 2015
Sold by
Smith Elizabeth J and Cebula Richard
Bought by
Mizrahi Jonathan and Mizrahi Amanda L
Seller's Agent
Barbara Ciment
Perennial Real Estate
Buyer's Agent
Barbara Ciment
Perennial Real Estate
List Price
$559,000
Sold Price
$548,000
Premium/Discount to List
-$11,000
-1.97%
Current Estimated Value
$903,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,368
Avg. Annual Appreciation
4.71%
Original Mortgage
$438,400
Outstanding Balance
$334,288
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$569,080

Purchase Details

Closed on
Dec 29, 1994
Sold by
Ruben Michael K
Bought by
Cebula Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,600
Interest Rate
9.2%

Purchase Details

Closed on
Dec 15, 1994
Sold by
Moskowitz Saul L
Bought by
Ruben Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,600
Interest Rate
9.2%
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
Mizrahi Jonathan $548,000 Rgs Title Llc
Cebula Richard P $274,000 --
Ruben Michael K $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mizrahi Jonathan $438,400
Previous Owner Ruben Michael K $246,600
Previous Owner Ruben Michael K $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2015 02/23/15 Sold $548,000 -0.3% $175 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
10/22/2014 10/22/14 Price Changed $549,900 -1.6% $176 / Sq Ft
07/15/2014 07/15/14 For Sale $559,000 -- $179 / 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 $9,365 $827,300 $198,000 $629,300
2024 $9,365 $750,000 -- --
2023 $7,557 $672,700 $0 $0
2022 $6,532 $595,400 $198,000 $397,400
2021 $6,080 $579,500 $0 $0
2020 $6,080 $563,600 $0 $0
2019 $5,868 $547,700 $198,000 $349,700
2018 $5,626 $527,633 $0 $0
2017 $5,495 $507,567 $0 $0
2016 -- $487,500 $0 $0
2015 $4,843 $483,467 $0 $0
2014 $4,843 $479,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003109680

Bright MLS

APN: 13-02382004