Seller's Agent in 2021
Jennifer Eckel
Compass
(301) 461-3073
20 in this area
136 Total Sales
509 Lanark Way Silver Spring, MD 20901
South Four Corners NeighborhoodEstimated Value: $639,296 - $676,000
4
Beds
2.5
Baths
1,873
Sq Ft
$350/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Traditional Floor Plan
- No HOA
- Montgomery Knolls Elementary School Rated A
- Wood Flooring
- 1-minute walk to South Four Corners Park
About This Home
As of January 2021Amazing opportunity to own a spacious cape in desired South Four Corners. Main level opens to living room with wood burning fireplace, kitchen with access to rear yard, spacious dining area, two large bedrooms and updated full bath. Upper level boasts two spacious bedrooms, full bath and loads of storage. Lower level is spacious with two recreation areas, half bath and large laundry/utility/workroom with access to rear yard. Beautifully landscaped property with fully fenced rear yard, large back yard patio, and two separate concrete driveways. Wonderful Silver Spring community, convenient to Route 29, 495 and much more!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,182
Year Built
- Built in 1940
Lot Details
- 5,083 Sq Ft Lot
- Wood Fence
- Back Yard Fenced
- Property is zoned R60
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Ceiling Fan
- Wood Burning Fireplace
- Combination Kitchen and Dining Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Finished Basement
- Heated Basement
- Walk-Up Access
- Connecting Stairway
- Rear Basement Entry
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Fairway Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 161301108180
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2021
Closed on
Jan 22, 2021
Sold by
Miller Mary Gail and Stoll Melissa V
Bought by
Miles Thomas and Miles Patricia Ortigoza
Seller's Agent
Jennifer Eckel
Compass
Buyer's Agent
Charles Cornell
Compass
List Price
$538,000
Sold Price
$538,000
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
$117,824
Avg. Annual Appreciation
4.28%
Original Mortgage
$506,350
Outstanding Balance
$453,907
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$198,462
Purchase Details
Closed on
Feb 29, 2008
Sold by
Miller Mary G
Bought by
Miller Mary G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 21, 2008
Sold by
Miller Mary G
Bought by
Miller Mary G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 |
|---|---|---|---|
| Miles Thomas | $538,000 | District Title A Corporation | |
| Miller Mary G | $49,249 | -- | |
| Miller Mary G | $49,249 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miles Thomas | $506,350 | |
| Previous Owner | Miller Mary G | $250,000 | |
| Previous Owner | Miller Mary G | $250,000 | |
| Previous Owner | Miller Mary G | $125,000 | |
| Previous Owner | Miller Mary Gail | $99,737 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2021 01/25/21 | Sold | $538,000 | 0.0% | $287 / Sq Ft |
| 01/21/2021 01/21/21 | Pending | -- | -- | -- |
| 01/20/2021 01/20/21 | For Sale | $538,000 | -- | $287 / 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 | $5,609 | $464,800 | $204,400 | $260,400 |
| 2024 | $5,609 | $429,633 | $0 | $0 |
| 2023 | $4,493 | $394,467 | $0 | $0 |
| 2022 | $3,867 | $359,300 | $204,400 | $154,900 |
| 2021 | $3,722 | $351,800 | $0 | $0 |
| 2020 | $7,213 | $344,300 | $0 | $0 |
| 2019 | $3,490 | $336,800 | $189,800 | $147,000 |
| 2018 | $3,466 | $336,800 | $189,800 | $147,000 |
| 2017 | $3,647 | $336,800 | $0 | $0 |
| 2016 | $3,139 | $340,700 | $0 | $0 |
| 2015 | $3,139 | $332,567 | $0 | $0 |
| 2014 | $3,139 | $324,433 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Eckel
-
Charles Cornell
Buyer's Agent in 2021
Charles Cornell
Compass
(443) 624-5629
1 in this area
147 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC741390
APN: 13-01108180
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