Seller's Agent in 2022
Daniel Reed
Living In Style Real Estate
(202) 256-7238
2 in this area
25 Total Sales
506 Silver Spring Ave Silver Spring, MD 20910
Silver Spring Park NeighborhoodEstimated Value: $593,000 - $637,000
3
Beds
2
Baths
1,664
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Traditional Floor Plan
- Wood Flooring
- No HOA
- Takoma Park Middle School Rated A
- Main Floor Bedroom
- 5-minute walk to Sligo Ave Neighborhood Park
About This Home
As of May 2022Let’s get this out of the way first: the cat’s name is Molly, and she does not come with the house.
BUT: this is a classic bungalow with a fresh vibe, right in the heart of Silver Spring. First impressions: a landscaped front yard where all the flowers are in bloom, and a front porch with a commanding view of the neighborhood. Step inside and check out those original hardwood floors, fresh paint, an updated kitchen with cabinets for days, and lots of natural light. There are also two big bedrooms and a bathroom with vintage details.
Downstairs: surprisingly large windows, brand-new wood-look floors, and a family room with plenty of space for a sectional and big screen. Looking for a new Zoom background? Here’s a home office with space to display all of your books...or action figures. There’s also another bedroom and upgraded bathroom.
Out back: a low-maintenance yard with fresh grass, a shed, and a seating area ready for summertime hangs.
The closer: you’ll have your very own driveway, but you won’t need it! Schools and the Sligo Creek Trail are a few blocks away, as are downtown Silver Spring’s shops, restaurants and nightlife. Head out to DC using the Red Line, or in a few years you can take the Purple Line to Bethesda and College Park.
Last Agent to Sell the Property
(202) 256-7238 dan@livinginstylehomes.com Living In Style Real Estate Listed on: 04/28/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,157
Year Built
- Built in 1936
Lot Details
- 5,688 Sq Ft Lot
- North Facing Home
- Property is zoned R60
Home Design
- Cottage
- Frame Construction
- Active Radon Mitigation
Interior Spaces
- Property has 2 Levels
- Traditional Floor Plan
- Chair Railings
- Ceiling Fan
- Dining Area
Kitchen
- Gas Oven or Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Tile or Brick
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Finished Basement
- Heated Basement
- Connecting Stairway
- Laundry in Basement
- Basement Windows
Parking
- 1 Parking Space
- 1 Driveway Space
- On-Street Parking
Eco-Friendly Details
- Home Energy Management
Outdoor Features
- Exterior Lighting
- Shed
- Porch
Schools
- East Silver Spring Elementary School
- Takoma Park Middle School
- Montgomery Blair High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiant Heating System
- Vented Exhaust Fan
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Downtown Silver Spring Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 161300989730
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
May 27, 2022
Sold by
May Piekarski
Bought by
Woolson Amanda Michelle
Seller's Agent
Daniel Reed
Living In Style Real Estate
Buyer's Agent
Avi Galanti
Compass
List Price
$485,000
Sold Price
$562,000
Premium/Discount to List
$77,000
15.88%
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
$41,352
Avg. Annual Appreciation
2.61%
Original Mortgage
$533,900
Outstanding Balance
$506,795
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$109,995
Purchase Details
Listed on
Sep 30, 2020
Closed on
Dec 1, 2020
Sold by
Twomey Thomas A
Bought by
Piekarski May and Macfadden Christopher Bruce
Seller's Agent
Liz Brent
GO BRENT, INC.
Buyer's Agent
Daniel Reed
Living In Style Real Estate
List Price
$475,000
Sold Price
$442,000
Premium/Discount to List
-$33,000
-6.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%
Original Mortgage
$419,900
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2017
Sold by
Twomey Thomas A and True Shirley A
Bought by
Twomey Thomas A
Purchase Details
Closed on
Mar 31, 1988
Bought by
Twomey Thomas 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 |
|---|---|---|---|
| Woolson Amanda Michelle | $562,000 | Tradition Title | |
| Woolson Amanda Michelle | $562,000 | Tradition Title | |
| Piekarski May | $442,000 | Rgs Title Of Bethesda | |
| Twomey Thomas A | -- | None Available | |
| Twomey Thomas A | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Woolson Amanda Michelle | $533,900 | |
| Closed | Woolson Amanda Michelle | $533,900 | |
| Previous Owner | Piekarski May | $419,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $562,000 | +15.9% | $338 / Sq Ft | |
| 05/05/2022 05/05/22 | Pending | -- | -- | -- | |
| 04/28/2022 04/28/22 | For Sale | $485,000 | +9.7% | $291 / Sq Ft | |
| 12/01/2020 12/01/20 | Sold | $442,000 | -0.7% | $266 / Sq Ft | View Prior Sale |
| 10/25/2020 10/25/20 | Pending | -- | -- | -- | |
| 10/15/2020 10/15/20 | Price Changed | $445,000 | -6.3% | $267 / Sq Ft | |
| 09/30/2020 09/30/20 | For Sale | $475,000 | -- | $285 / 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 | $6,699 | $543,967 | -- | -- |
| 2024 | $6,699 | $524,300 | $330,100 | $194,200 |
| 2023 | $5,585 | $489,267 | $0 | $0 |
| 2022 | $4,914 | $454,233 | $0 | $0 |
| 2021 | $5,157 | $419,200 | $330,100 | $89,100 |
| 2020 | $5,122 | $419,000 | $0 | $0 |
| 2019 | $5,087 | $418,800 | $0 | $0 |
| 2018 | $4,624 | $418,600 | $330,100 | $88,500 |
| 2017 | $4,931 | $405,367 | $0 | $0 |
| 2016 | $4,617 | $392,133 | $0 | $0 |
| 2015 | $4,617 | $378,900 | $0 | $0 |
| 2014 | $4,617 | $378,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Reed
-
LILLIAN MARRERO
Seller Co-Listing Agent in 2022
LILLIAN MARRERO
Living In Style Real Estate
(301) 758-5079
1 in this area
5 Total Sales
-
Avi Galanti
Buyer's Agent in 2022
Avi Galanti
Compass
(301) 906-4996
4 in this area
235 Total Sales
-
Diego Sito
D
Buyer Co-Listing Agent in 2022
Diego Sito
Compass
(202) 615-7233
2 in this area
41 Total Sales
-
Liz Brent
Seller's Agent in 2020
Liz Brent
GO BRENT, INC.
(202) 321-2651
28 in this area
64 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2045834
APN: 13-00989730
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