NOT LISTED FOR SALE

501 Burnt Mills Ave Silver Spring, MD 20901

Estimated Value: $612,000 - $666,997

4 Beds
3 Baths
2,100 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $410,000 $195 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,947/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Backs to Trees or Woods
  • Roscoe R. Nix Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of December 2016

Spacious & renovated 4 BR, 3 full BA home on lovely lot backing to trees! Hardwoods, soaring ceilings, foyer opens to huge living rm w/cozy FP & built ins. Din rm opens to updated white kitchen w/SS appls. 3 generous BRs on upper level & 2 full BAs. Walk out LL has rec rm, kitchenette, oversize BR. Step down to another full BA & laundry area. Beautiful fenced rear yard w/shade trees, patio & shed!

Last Agent to Sell the Property

Jennifer Young

Keller Williams Realty Listed on: 11/09/2016

Keller Williams Realty

Last Buyer's Agent

Molly Branson

RLAH @properties License #656847

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,615

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • The property's topography is level
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R90

Property Views

  • Woods
  • Garden

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear and Side Basement Entry
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Cresthaven Elementary School
  • Francis Scott Key Middle School
  • Springbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Burnt Mills Manor Subdivision, Spacious Home! Floorplan

Listing and Financial Details

  • Tax Lot P1
  • Assessor Parcel Number 160500308817

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,615

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Year Built: 1962
  • Remarks Public: Spacious & renovated 4 BR, 3 full BA home on lovely lot backing to trees! Hardwoods, soaring ceilings, foyer opens to huge living rm w/cozy FP & built ins. Din rm opens to updated white kitchen w/SS appls. 3 generous BRs on upper level & 2 full BAs. Walk out LL has rec rm, kitchenette, oversize BR. Step down to another full BA & laundry area. Beautiful fenced rear yard w/shade trees, patio & shed!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Dryer
  • Interior Amenities: Dining Area, Primary Bath(s), Built-Ins, Chair Railings, Crown Moldings, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Foyer, Laundry
  • Basement: Yes
  • Basement Type: Rear Entrance, Side Entrance, Fully Finished, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 190.00
  • Above Grade Finished Sq Ft: 2100
  • Below Grade Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks
  • Pool Private: No
  • View: Garden/Lawn, Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CRESTHAVEN
  • Middle School: FRANCIS SCOTT KEY
  • High School: SPRINGBROOK
  • School District Key: 121138126809
  • Elementary School: CRESTHAVEN
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 124900.00
  • Land Assessed Value: 196900.00
  • Lot Features: Backs To Trees, Landscaping
  • Lot Size Acres: 0.28
  • Lot Size Area: 12050
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12050.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2016
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13910050
  • Tax Annual Amount: 4614.96
  • Assessor Parcel Number: 160500308817
  • Tax Lot: P1
  • Tax Total Finished Sq Ft: 1545
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/22/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2016
Closed on
Dec 22, 2016
Sold by
Young Alice Y
Bought by
Asaminew Kalkidan
Seller's Agent
Jennifer Young
Keller Williams Realty
Buyer's Agent
Molly Branson
RLAH @properties
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Current Estimated Value
$639,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,249
Avg. Annual Appreciation
5.66%
Original Mortgage
$396,316
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2001
Sold by
Baxter Felix V and Baxter I B
Bought by
Young Alice V
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
Asaminew Kalkidan $410,000 Stewart Titel Group
Young Alice V $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asaminew Kalkidan $50,000
Open Asaminew Kalkidan $369,000
Closed Asaminew Kalkidan $396,316
Previous Owner Young Alice V $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $410,000 +2.8% $195 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $399,000 -- $190 / 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 $5,568 $472,467 -- --
2024 $5,568 $420,133 $0 $0
2023 $4,941 $367,800 $222,800 $145,000
2022 $4,712 $367,800 $222,800 $145,000
2021 $4,848 $367,800 $222,800 $145,000
2020 $4,848 $389,200 $222,800 $166,400
2019 $4,778 $386,100 $0 $0
2018 $4,720 $383,000 $0 $0
2017 $4,751 $379,900 $0 $0
2016 -- $360,533 $0 $0
2015 $3,796 $341,167 $0 $0
2014 $3,796 $321,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002471167

Bright MLS

APN: 05-00308817