NOT LISTED FOR SALE

505 Fairhill Dr Silver Spring, MD 20904

Estimated Value: $651,110 - $732,000

4 Beds
2.5 Baths
2,649 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $475,000 $179 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,104/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • No HOA
  • Springbrook High School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of April 2019

DROP-DEAD GORGEOUS HOME IMPECCABLY MAINTAINED IS READY FOR NEW OWNERS!! ABUNDANT SUNLIGHT THROUGHOUT, NEWLY REFINISHED OAK HARDWOODS, CENTER-ISLAND KITCHEN WITH BREAKFAST ROOM ADDITION FEATURING VAULTED CEILING & SKYLIGHT! FORMAL LIVING ROOM WITH OVERSIZED PICTURE WINDOWS, FORMAL DINING ROOM, SPACIOUS CENTER-ISLAND KITCHEN WITH ABUNDANT COUNTERTOP & CABINETRY SPACE WITH FANTASTIC BREAKFAST ROOM/DEN AREA OVERLOOKING DECK & PRIVATE YARD! MAIN LEVEL PROFESSIONAL OFFICE WITH SEPARATE ENTRANCE PROVIDES FOR MULTIPLE USES, DAYLIGHT LOWER LEVEL WITH COMFORTABLE FAMILY ROOM FEATURING A BRICK HEARTH FIREPLACE AND WALL-TO-WALL CARPETING AND CONVENIENT HALF BATH! FOUR BEDROOMS AND TWO UPDATED BATHS (INCLUDING PRIVATE MBR BATH) ON TOP LEVELS! FABULOUS FENCED REAR YARD WITH DECK AND LOTS OF OPEN SPACE AND AMAZING LANDSCAPING WITH DOZENS OF FLOWERING AZALEAS, DOGWOODS & CREPE MYRTLES. GREAT OFF-STREET PARKING WITH SPACE FOR SIX CARS. THIS ONE IS SPECIAL - DON'T MISS IT!

Last Agent to Sell the Property

Dave Savercool

(301) 237-3685 savercoolteam@gmail.com Long & Foster Real Estate, Inc. Listed on: 03/07/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Roger Behdin

(301) 807-8265 irbehdin@gmail.com RE/MAX Town Center

RE/MAX Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Laundry on main level
  • Views of Woods

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Basement

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

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Cannon Road Elementary School
  • Francis Scott Key Middle School
  • Springbrook High School

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • Shed

Community Details

  • No Home Owners Association
  • Carol Acres Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 160500332362

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,346

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1961
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Wood Floors
  • Fireplace Features: Mantel(s), Wood, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Office, Utility Room, Bathroom 1, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Rear Entrance, Walkout Level, Windows, Daylight, Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 3003
  • Living Area Sq Ft: 2649
  • Price Per Sq Ft: 206.61
  • Above Grade Finished Sq Ft: 2299
  • Below Grade Finished Sq Ft: 350
  • Below Grade Sq Ft: 354
  • Total Below Grade Sq Ft: 704
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Roof: Composite
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 282.11
  • 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: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: CANNON ROAD
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 170900.00
  • Land Assessed Value: 199200.00
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12600.00
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13839962
  • Tax Annual Amount: 4346.00
  • Assessor Parcel Number: 160500332362
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 30, 2019
Sold by
Rieann Gale James S and Rieann Spence Gale
Bought by
Shah Prakashchandra V
Seller's Agent
Dave Savercool
Long & Foster Real Estate, Inc.
Buyer's Agent
Roger Behdin
RE/MAX Town Center
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$681,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,278
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Jun 6, 1995
Sold by
Spence Robert B
Bought by
Gale James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shah Prakashchandra V $475,000 Rgs Title
Gale James S $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gale James S $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $475,000 0.0% $179 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $475,000 -- $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 $6,555 $584,467 -- --
2024 $6,555 $516,633 $0 $0
2023 $5,750 $448,800 $199,200 $249,600
2022 $5,198 $422,567 $0 $0
2021 $4,845 $396,333 $0 $0
2020 $4,520 $370,100 $199,200 $170,900
2019 $4,430 $364,300 $0 $0
2018 $3,655 $358,500 $0 $0
2017 $3,596 $352,700 $0 $0
2016 -- $340,600 $0 $0
2015 $3,656 $328,500 $0 $0
2014 $3,656 $316,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC622582

Bright MLS

APN: 05-00332362