NOT LISTED FOR SALE

509 Margaret Dr Silver Spring, MD 20910

Estimated Value: $865,000 - $961,000

3 Beds
3 Baths
1,774 Sq Ft
$517/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $945,100 $533 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,941/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • 1 Car Direct Access Garage
  • Takoma Park Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Sweetest Cape features a pergola covered front porch and a screened-in gazebo in the back. Fabulous location: although the Post Office thinks it is in Silver Spring, 20910, it is actually within the City of Takoma Park boundaries, so TP schools & services. Close to schools, and to both downtown Takoma Park and Silver Spring. Inside you will find a spacious living room that leads to the dining room, and the updated kitchen. The kitchen features new butcher block counters and recent stainless appliances. The backyard features a slate patio, screened in pergola and very pretty landscape and hardscape. Don't miss the smoke tree out front: gorgeous deep purple leaves and huge hazy blooms. There are two bedrooms and a full bath on the main level. Upstairs is a spacious owner's suite with very stylish recent full bath. The lower level is partially finished with luxury grade vinyl tile flooring, track lighting, and the 3rd full bath. Garage access and walkout level door on this level, and plenty of storage space. The garage has room for one car plus storage and has an electric door and a 50 amp 240 volt electric car charger. Driveway for 2 additional cars and there is a curb cut/parking pad in front for easy parking, too. Margaret is a lovely, neighborly one-block long street, very convenient to all that Takoma Park and downtown Silver Spring have to offer!

Last Agent to Sell the Property

Judith Kogod Colwell

(301) 325-4388 judykogod@aol.com Perennial Real Estate License #595376 Listed on: 05/12/2022

Last Buyer's Agent

Alison Scimeca

(202) 607-0649 alison@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,902

Year Built

  • Built in 1940

Lot Details

  • 6,010 Sq Ft Lot
  • Property is zoned R60

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Partially Finished Basement

  • Connecting Stairway
  • Garage Access

Schools

  • Takoma Park Elementary And Middle School
  • Montgomery Blair High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 161301056996

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,902

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-12
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Combination, Garage Access, Partially Finished
  • Total Sq Ft: 2360
  • Living Area Sq Ft: 1774
  • Price Per Sq Ft: 547.75
  • Above Grade Finished Sq Ft: 1424
  • Below Grade Finished Sq Ft: 350
  • Below Grade Sq Ft: 586
  • Total Below Grade Sq Ft: 936
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 461200.00
  • Land Assessed Value: 332500.00
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6010.00
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14009663
  • Tax Annual Amount: 7902.00
  • Assessor Parcel Number: 161301056996
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 6, 2022
Sold by
Li Ming and Li Van Dril
Bought by
Eddins Katherine K and Weiner Paul-Harvey P
Seller's Agent
Judith Kogod Colwell
Perennial Real Estate
Buyer's Agent
Alison Scimeca
Compass
List Price
$780,000
Sold Price
$945,100
Premium/Discount to List
$165,100
21.17%
Current Estimated Value
$916,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,435
Avg. Annual Appreciation
-0.85%
Original Mortgage
$756,080
Outstanding Balance
$716,627
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$200,038

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 14, 2019
Sold by
Weissman Vermeulen Matthew C and Workman Sarah R
Bought by
Li Ming and Li Van Dril
Seller's Agent
Melissa McNulty
Branches Realty
Buyer's Agent
Patrick Thelwell
KW Metro Center
List Price
$649,000
Sold Price
$653,000
Premium/Discount to List
$4,000
0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$424,450
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
Remer Whitford E and Remer Catherine E
Bought by
Weissman Vermeulen Matthew C and Workman Sarah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2012
Closed on
Nov 16, 2012
Sold by
Mauer Michael P and Michael P Mauer Revocable Trus
Bought by
Remer Whitford E and Remer Catherine E
Seller's Agent
Judith Kogod Colwell
Perennial Real Estate
Buyer's Agent
James Higgins
Weichert, REALTORS
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$391,200
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2007
Sold by
Mauer Michael P
Bought by
Mauer Michael P Tr
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
Eddins Katherine K $945,100 Lee Bobby Y
Eddins Katherine K $945,100 Lee Bobby Y
Li Ming $653,000 Kvs Title Llc
Weissman Vermeulen Matthew C $598,000 Kvs Title Llc
Remer Whitford E $489,000 First American Title Ins Co
Mauer Michael P Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eddins Katherine K $756,080
Closed Eddins Katherine K $756,080
Previous Owner Li Ming $424,450
Previous Owner Weissman Vermeulen Matthew C $478,400
Previous Owner Remer Whitford E $391,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Sold $945,100 +21.2% $533 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $780,000 +19.4% $440 / Sq Ft
06/14/2019 06/14/19 Sold $653,000 +0.6% $459 / Sq Ft View Prior Sale
05/16/2019 05/16/19 For Sale $649,000 +32.7% $456 / Sq Ft
11/15/2012 11/15/12 Sold $489,000 0.0% $343 / Sq Ft View Prior Sale
09/26/2012 09/26/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $489,000 -- $343 / 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 $13,652 $723,600 $332,500 $391,100
2024 $13,652 $793,700 $332,500 $461,200
2023 $10,300 $686,733 $0 $0
2022 $7,994 $579,767 $0 $0
2021 $7,210 $472,800 $332,500 $140,300
2020 $14,251 $468,333 $0 $0
2019 $7,040 $463,867 $0 $0
2018 $6,931 $459,400 $332,500 $126,900
2017 $6,742 $445,600 $0 $0
2016 $5,887 $431,800 $0 $0
2015 $5,887 $418,000 $0 $0
2014 $5,887 $418,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2048136

Bright MLS

APN: 13-01056996