NOT LISTED FOR SALE

509 Copley Ln Silver Spring, MD 20904

Estimated Value: $572,000 - $674,000

3 Beds
3 Baths
1,266 Sq Ft
$484/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $300,000 $237 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,780/month

186 Days on Market

Highlights

  • 0.91 Acre Lot
  • Rambler Architecture
  • No HOA
  • Dr. Charles R. Drew Elementary School Rated A
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of October 2013

SPACIOUS RAMBLER ON LARGE LOT. FULLY FINISHED BASEMENT WITH FULL BATH AND 2 DENS AND WALK OUT. GREAT LOCATION!

Last Agent to Sell the Property

Rigoberto Ramirez Cruz

(240) 832-5658 rigoramirez1@gmail.com Samson Properties License #574992 Listed on: 02/07/2013

Samson Properties

Last Buyer's Agent

Ricardo Rozada

(703) 963-0153 ricardo.rozada@exprealty.com Samson Properties License #533335

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1954

Lot Details

  • 0.91 Acre Lot
  • Property is zoned RE1

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Paint Branch Farms Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160500302638

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,642

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1954
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Combination, Brick, Brick Front
  • Construction Completed: No
  • 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
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 279.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 107500.00
  • Land Assessed Value: 275400.00
  • Lot Size Acres: 0.91
  • Lot Size Area: 39639
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39639.00
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13909884
  • Tax Annual Amount: 4641.69
  • Assessor Parcel Number: 160500302638
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2013
Closed on
Oct 18, 2013
Sold by
Castro Diaz Fidel and Alexander Castro Huber
Bought by
Martinez Hernandez Mina G
Seller's Agent
Rigoberto Ramirez Cruz
Samson Properties
Buyer's Agent
Ricardo Rozada
Samson Properties
List Price
$380,000
Sold Price
$300,000
Premium/Discount to List
-$80,000
-21.05%
Current Estimated Value
$612,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,313
Avg. Annual Appreciation
6.01%
Original Mortgage
$240,000
Outstanding Balance
$180,482
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$431,831

Purchase Details

Closed on
May 19, 2004
Sold by
Giardina Domenico and Giardina A
Bought by
Diaz Fidel Castro
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
Martinez Hernandez Mina G $300,000 Chicago Title
Diaz Fidel Castro $442,500 --
Diaz Fidel Castro $442,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Hernandez Mina G $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2013 10/18/13 Sold $300,000 -3.2% $237 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/29/2013 07/29/13 Price Changed $310,000 -3.1% $245 / Sq Ft
07/02/2013 07/02/13 Price Changed $320,000 -9.6% $253 / Sq Ft
05/31/2013 05/31/13 Price Changed $354,000 -6.8% $280 / Sq Ft
02/07/2013 02/07/13 For Sale $380,000 -- $300 / 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 $6,984 $504,500 -- --
2024 $6,984 $468,200 $0 $0
2023 $7,224 $431,900 $312,200 $119,700
2022 $5,578 $431,900 $312,200 $119,700
2021 $5,919 $431,900 $312,200 $119,700
2020 $5,919 $472,800 $312,200 $160,600
2019 $4,830 $453,867 $0 $0
2018 $4,603 $434,933 $0 $0
2017 $4,471 $416,000 $0 $0
2016 $4,579 $404,967 $0 $0
2015 $4,579 $393,933 $0 $0
2014 $4,579 $382,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003339438

Bright MLS

APN: 05-00302638