NOT LISTED FOR SALE

Estimated Value: $740,389 - $883,000

3 Beds
2 Baths
1,899 Sq Ft
$427/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $535,000 $282 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,865/month

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Sligo Creek Elementary School Rated A
  • No HOA

About This Home

As of April 2019

This home is located at 505 Pershing Dr, Silver Spring, MD 20910 since 05 March 2019 and is currently estimated at $810,097, approximately $426 per square foot. This property was built in 1934. 505 Pershing Dr is a home located in Montgomery County with nearby schools including Sligo Creek Elementary School, Silver Spring International Middle School, and Northwood High School.

Last Agent to Sell the Property

Troyce Gatewood

(301) 329-6193 admin@troycegatewood.com Real Broker, LLC - Frederick Listed on: 03/05/2019

Last Buyer's Agent

Helen Andreno

(301) 257-6759 helen.andreno@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,477

Year Built

  • Built in 1934

Lot Details

  • 8,354 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Rambler Architecture

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Schools

  • Sligo Creek Elementary School
  • Silver Spring International Middle School
  • Northwood High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • South Woodside Park Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 161301055731

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,477

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2893
  • Living Area Sq Ft: 1899
  • Price Per Sq Ft: 311.57
  • Above Grade Finished Sq Ft: 1685
  • Below Grade Finished Sq Ft: 214
  • Below Grade Sq Ft: 994
  • Total Below Grade Sq Ft: 1208
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 385.04
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: SLIGO CREEK
  • High School: NORTHWOOD
  • Middle Or Junior School: SILVER SPRING INTERNATIONAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 192000.00
  • Land Assessed Value: 350100.00
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8354.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14009548
  • Tax Annual Amount: 6477.00
  • Assessor Parcel Number: 161301055731
  • Tax Lot: 16
  • 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 5, 2019
Closed on
Apr 9, 2019
Sold by
Hinshelwood James Dawson
Bought by
Gomez Starnes Floyd and Gomez Starnes Carlos
Seller's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
Buyer's Agent
Helen Andreno
Long & Foster Real Estate, Inc.
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Current Estimated Value
$804,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,564
Avg. Annual Appreciation
6.37%
Original Mortgage
$428,000
Outstanding Balance
$376,288
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$433,809
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
Gomez Starnes Floyd $535,000 Rgs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Starnes Floyd $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $535,000 +1.9% $282 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $525,000 -- $276 / 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 $7,791 $618,767 -- --
2024 $7,791 $613,300 $350,100 $263,200
2023 $7,057 $611,567 $0 $0
2022 $6,691 $609,833 $0 $0
2021 $6,604 $608,100 $350,100 $258,000
2020 $6,328 $586,100 $0 $0
2019 $6,049 $564,100 $0 $0
2018 $5,786 $542,100 $350,100 $192,000
2017 $5,603 $526,400 $0 $0
2016 -- $510,700 $0 $0
2015 $5,187 $495,000 $0 $0
2014 $5,187 $495,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC622226

Bright MLS

APN: 13-01055731