Seller's Agent in 2024
Theresa Helfman Taylor
TTR Sotheby's International Realty
(301) 922-5565
5 in this area
123 Total Sales
506 Orchard Way Silver Spring, MD 20904
Estimated Value: $675,461 - $738,000
3
Beds
2.5
Baths
2,321
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- 0.65 Acre Lot
- Cape Cod Architecture
- 1 Fireplace
- Dr. Charles R. Drew Elementary School Rated A
- Wood Flooring
- Mud Room
About This Home
As of May 2024Positively beautiful! The moment you walk in you will fall in love with this enchanting home full of charm and character. With three bedrooms and two and half baths, it offers both space and comfort. Surrounded by a picturesque yard, this home offers a haven of tranquility, while the magnificently landscaped garden delights with its vibrant colors and blooms. The outdoor space is perfect for relaxing and entertaining. The three car detached garage has abundance of storage space. Step into a world where charm and comfort intertwine, embrace the beauty of living with nature right at your doorstep. Close to ICC, shopping, parks, and restaurants. Offers are due on Tuesday at 12:00 PM.
Last Agent to Sell the Property
(301) 922-5565 theresa@taylormaderealestate.net TTR Sotheby's International Realty License #0225 192651 Listed on: 04/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,861
Year Built
- Built in 1951
Lot Details
- 0.65 Acre Lot
- Landscaped
- Extensive Hardscape
- Level Lot
- Sprinkler System
- Back Yard Fenced
- Property is in excellent condition
- Property is zoned RE1
Parking
- 3 Car Detached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
Home Design
- Cape Cod Architecture
- Frame Construction
Interior Spaces
- 2,321 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Mud Room
- Family Room
- Living Room
- Formal Dining Room
- Wood Flooring
Kitchen
- Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Patio
- Shed
Utilities
- Central Air
- Radiator
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Colesville Farm Estates Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 160500311074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2024
Closed on
May 30, 2024
Sold by
Olesen-Berge Laura A and Berge Laura Olesen
Bought by
Younger William H
Seller's Agent
Theresa Helfman Taylor
TTR Sotheby's International Realty
Buyer's Agent
Robert Holmes
Samson Properties
List Price
$649,000
Sold Price
$675,000
Premium/Discount to List
$26,000
4.01%
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,365
Avg. Annual Appreciation
2.65%
Original Mortgage
$573,750
Outstanding Balance
$566,636
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$135,729
Purchase Details
Closed on
Apr 18, 2002
Sold by
Tate Manford B and Tate S M
Bought by
Berge Richard D and Olesen Laura A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Younger William H | $675,000 | Universal Title | |
| Younger William H | $675,000 | Universal Title | |
| Berge Richard D | $365,650 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Younger William H | $573,750 | |
| Closed | Younger William H | $573,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $675,000 | +4.0% | $291 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 04/25/2024 04/25/24 | For Sale | $649,000 | -- | $280 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,293 | $516,567 | -- | -- |
| 2024 | $6,293 | $482,033 | $0 | $0 |
| 2023 | $5,169 | $447,500 | $294,600 | $152,900 |
| 2022 | $3,607 | $447,500 | $294,600 | $152,900 |
| 2021 | $4,831 | $447,500 | $294,600 | $152,900 |
| 2020 | $5,018 | $468,200 | $294,600 | $173,600 |
| 2019 | $4,856 | $456,267 | $0 | $0 |
| 2018 | $4,707 | $444,333 | $0 | $0 |
| 2017 | $4,500 | $432,400 | $0 | $0 |
| 2016 | -- | $411,000 | $0 | $0 |
| 2015 | $4,528 | $389,600 | $0 | $0 |
| 2014 | $4,528 | $368,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Helfman Taylor
-
Robert Holmes
Buyer's Agent in 2024
Robert Holmes
Samson Properties
(240) 676-5382
1 in this area
21 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2127892
APN: 05-00311074
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