NOT LISTED FOR SALE

Estimated Value: $931,065 - $1,004,000

4 Beds
3.5 Baths
2,649 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $940,000 $355 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,730/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Sligo Creek Elementary School Rated A
  • 1 Fireplace
  • 5-minute walk to Ellsworth Urban Park

About This Home

As of May 2024

Introducing 505 Ellsworth Drive, an expanded cape nestled in the heart of Silver Spring. This renovated residence offers the epitome of modern comfort and convenience, mere steps away from all that Silver Spring has to offer, with a master front garden that has been deemed the "best yard and flowers in South Woodside Park".

Step inside to discover a recently renovated space with an open concept kitchen, dining room, and living room adorned with recessed lighting and a wood-burning fireplace, creating a cozy ambiance for gatherings and relaxation. The kitchen is a chef's dream, boasting maple cabinets, granite countertops, and GE Cafe appliances.

The main level also features a generous primary bedroom with a freshly renovated en-suite bath, adorned with beautiful French doors that open onto the spectacular backyard waterfall—a tranquil oasis right at your doorstep. Additionally, a second full bath, laundry room, and access to the family room complete this level, offering seamless functionality and modern living.

Upstairs, you'll find two more bedrooms, a powder room, and ample storage space, providing versatility and room for personalization. Throughout the home, attention to detail is evident, with glowing hardwoods and many other high-end finishes adding character and charm.

But the allure doesn't end there. This property also features a licensed one-bedroom apartment (ADU) on the lower level, boasting a separate entrance, outdoor seating area, living room, kitchen with granite countertops, den, full bath, and laundry room—rented as an Airbnb for rental income by the sellers (329 nights in 2024!) but it is also ideal for guests and extended family, *Note, MoCo DHHS will require the new owner to apply to transfer the license within 15 days of the sale or they’ll have to start the application process all over again.

Do not miss the versatile workshop/bonus space, where creativity knows no bounds. Whether you're a hobbyist, an entrepreneur, or simply in need of extra storage, this multifunctional area is a game-changer. With its own 60 amp electrical panel, you'll have the power to bring your visions to life, whether it's woodworking, crafting, or tinkering with projects.

Location-wise, this residence is a commuter's dream, less than a mile to the Silver Spring Metro and even closer to the future Purple line Metro. Plus, enjoy the convenience of nearby amenities such as Ellsworth Dog Park, Sligo Creek Trail, Farmers Market, and Whole Foods—all within a short stroll from your doorstep.

Last Agent to Sell the Property

Cari Jordan

(301) 905-6521 cari@gobrent.co RLAH @properties License #624661 Listed on: 04/11/2024

RLAH @properties

Last Buyer's Agent

Katherine Sheckells

(301) 806-4450 sheckells@yahoo.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,448

Year Built

  • Built in 1940 | Remodeled in 2020

Lot Details

  • 9,055 Sq Ft Lot
  • East Facing Home
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Side Exterior Basement Entry
  • Basement Windows

Schools

  • Sligo Creek Elementary School
  • Silver Spring International Middle School

Utilities

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

Community Details

  • No Home Owners Association
  • Seven Oaks Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 161301056110

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,448

Year Built

Built in 1940 | Remodeled in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-04-11
  • Year Built: 1940
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Windows, Walkout Stairs, Side Entrance
  • Total Sq Ft: 2908
  • Living Area Sq Ft: 2649
  • Price Per Sq Ft: 474.60
  • Above Grade Finished Sq Ft: 1949
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 259
  • Total Below Grade Sq Ft: 959
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SLIGO CREEK
  • Middle Or Junior School: SILVER SPRING INTERNATIONAL

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9055.00
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8448.00
  • Assessor Parcel Number: 161301056110
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 10, 2024
Sold by
Ryan Jephson Austin and Urquhart Erin
Bought by
Malloy Geoffrey and Dilawari Saba
Seller's Agent
Cari Jordan
RLAH @properties
Buyer's Agent
Katherine Sheckells
Compass
List Price
$925,000
Sold Price
$940,000
Premium/Discount to List
$15,000
1.62%
Views
149
Current Estimated Value
$965,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,266
Avg. Annual Appreciation
1.65%
Original Mortgage
$658,000
Outstanding Balance
$648,614
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$316,652

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 14, 2020
Sold by
Shifelett Stephen D and Ballou James K
Bought by
Jephson Austin Ryan and Jephson Erin Urquhart
Seller's Agent
Susanna Drayne
GO BRENT, INC.
Buyer's Agent
Cari Jordan
RLAH @properties
List Price
$750,000
Sold Price
$805,000
Premium/Discount to List
$55,000
7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$684,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2002
Sold by
Konop Dane E
Bought by
Shifflett Stephen D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malloy Geoffrey $940,000 Old Republic National Title In
Malloy Geoffrey $940,000 Old Republic National Title In
Jephson Austin Ryan $805,000 Kvs Title Llc
Shifflett Stephen D $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malloy Geoffrey $658,000
Closed Malloy Geoffrey $658,000
Previous Owner Jephson Austin Ryan $684,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2024 05/13/24 Sold $940,000 +1.6% $355 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $925,000 +14.9% $349 / Sq Ft
04/14/2020 04/14/20 Sold $805,000 +7.3% $342 / Sq Ft View Prior Sale
03/10/2020 03/10/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $750,000 0.0% $318 / Sq Ft
03/05/2020 03/05/20 For Sale $750,000 -- $318 / 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 $8,062 $729,933 -- --
2024 $8,062 $636,800 $355,400 $281,400
2023 $8,448 $612,133 $0 $0
2022 $6,444 $587,467 $0 $0
2021 $6,105 $562,800 $355,400 $207,400
2020 $5,986 $555,100 $0 $0
2019 $5,865 $547,400 $0 $0
2018 $5,759 $539,700 $355,400 $184,300
2017 $5,731 $528,733 $0 $0
2016 -- $517,767 $0 $0
2015 $5,157 $506,800 $0 $0
2014 $5,157 $506,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2126086

Bright MLS

APN: 13-01056110