NOT LISTED FOR SALE

505 Burnt Mills Ave Silver Spring, MD 20901

Estimated Value: $603,000 - $643,000

3 Beds
2.5 Baths
1,540 Sq Ft
$402/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $411,000 $267 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,871/month

5 Days on Market

Highlights

  • Traditional Floor Plan
  • Rambler Architecture
  • Workshop
  • Roscoe R. Nix Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of March 2018

This all brick rambler features 3 large bedrooms, 2.5 baths, large living space w/ dining room that opens up to a fenced back yard & patio and a large eat-in kitchen. The lower level includes a nice large finished recreation area, lots of storage, a workroom with access to outside. Lrge drive way & expansive sunny side area that is a wonderful spot for a garden. The photos tell the story.

Last Agent to Sell the Property

Carmen Fontecilla

Compass Listed on: 02/01/2018

Compass

Co-Listed By

Gail Henry

Compass

Last Buyer's Agent

Berna Kimber

Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,492

Year Built

  • Built in 1960

Lot Details

  • 9,224 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Bay Window
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Exterior Basement Entry
  • Workshop
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Burnt Mills Manor Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160500308987

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,492

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1960
  • Remarks Public: This all brick rambler features 3 large bedrooms, 2.5 baths, large living space w/ dining room that opens up to a fenced back yard & patio and a large eat-in kitchen. The lower level includes a nice large finished recreation area, lots of storage, a workroom with access to outside. Lrge drive way & expansive sunny side area that is a wonderful spot for a garden. The photos tell the story.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Oven - Double, Refrigerator, Water Heater
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Window Features: Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Daylight, Partial, Full, Heated, Walkout Stairs, Windows, Workshop, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Brick, Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 150900.00
  • Land Assessed Value: 213800.00
  • Lot Size Acres: 0.21
  • Lot Size Area: 9224
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9224.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13838352
  • Tax Annual Amount: 4491.50
  • Assessor Parcel Number: 160500308987
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1595
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 03/15/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 5, 2018
Sold by
Smith Phyllis N and Smith Richard L
Bought by
Mehari Alif and Estifanos Blain
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Berna Kimber
Redfin Corp
List Price
$399,000
Sold Price
$411,000
Premium/Discount to List
$12,000
3.01%
Current Estimated Value
$619,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,537
Avg. Annual Appreciation
5.49%
Original Mortgage
$403,555
Interest Rate
4.37%
Mortgage Type
FHA
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
Mehari Alif $411,000 Title Forward
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehari Alif $399,000
Closed Mehari Alif $403,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $411,000 +3.0% $267 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $399,000 -- $259 / 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 $5,942 $466,967 -- --
2024 $5,942 $452,633 $0 $0
2023 $6,445 $438,300 $213,800 $224,500
2022 $4,582 $418,700 $0 $0
2021 $4,300 $399,100 $0 $0
2020 $4,049 $379,500 $213,800 $165,700
2019 $3,959 $374,567 $0 $0
2018 $3,881 $369,633 $0 $0
2017 $3,800 $364,700 $0 $0
2016 -- $349,800 $0 $0
2015 $3,804 $334,900 $0 $0
2014 $3,804 $320,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carmen Fontecilla

    Seller's Agent in 2018

    Carmen Fontecilla

    Compass

    (301) 908-6672

    4 in this area

    312 Total Sales

    Carmen Fontecilla
    Section Image
  • Gail Henry

    Seller Co-Listing Agent in 2018

    Gail Henry

    Compass

    (301) 602-3741

    18 Total Sales

    Gail Henry
    Section Image
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Map

Source: Bright MLS

MLS Number: 1005917791

Bright MLS

APN: 05-00308987

Maryland Montgomery County Silver Spring 20901

505 Burnt Mills Ave, Silver Spring, MD

This home is located at 505 Burnt Mills Ave, Silver Spring, MD 20901 since 01 February 2018 and is currently estimated at $619,537, approximately $402 per square foot. This property was built in 1960. 505 Burnt Mills Ave is a home located in Montgomery County with nearby schools including Roscoe R. Nix Elementary School, Cresthaven Elementary School, and Francis Scott Key Middle School.

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