NOT LISTED FOR SALE

509 Southview Ave Silver Spring, MD 20905

Estimated Value: $622,535 - $668,000

4 Beds
3 Baths
1,380 Sq Ft
$468/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $425,000 $308 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,023/month

61 Days on Market

Highlights

  • Deck
  • Rambler Architecture
  • Main Floor Bedroom
  • Dr. Charles R. Drew Elementary School Rated A
  • Backs to Trees or Woods
  • No HOA

About This Home

As of March 2016

Open Sunday 02/21 from 1-4pm!Great Opportunity! Beautiful, Spacious and Updated Single Family Home in Silver Spring! This gorgeous home features 4 bedrooms, 3 full baths, Huge Finished Walkout Basement with Great Family Room & Fireplace. Fabulous Level Fenced Yard, Deck, Gazebo, New Roof, Newer Windows, Newer A/C and Many Additional Features. Plan your visit soon!

Last Agent to Sell the Property

Catherine Carroll

Weichert, REALTORS Listed on: 12/29/2015

Weichert, REALTORS

Last Buyer's Agent

Tammy Thomas

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1973

Lot Details

  • 0.39 Acre Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R200

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Peachwood Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160500365214

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,254

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2015-12-29
  • Year Built: 1973
  • Remarks Public: Open Sunday 02/21 from 1-4pm!Great Opportunity! Beautiful, Spacious and Updated Single Family Home in Silver Spring! This gorgeous home features 4 bedrooms, 3 full baths, Huge Finished Walkout Basement with Great Family Room & Fireplace. Fabulous Level Fenced Yard, Deck, Gazebo, New Roof, Newer Windows, Newer A/C and Many Additional Features. Plan your visit soon!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Double, Oven - Wall, Refrigerator, Washer, Range Hood
  • Interior Amenities: Kitchen - Eat-In, Dining Area, Primary Bath(s), Window Treatments, Entry Level Bedroom
  • Fireplace Features: Screen, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Utility Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Walkout Level, Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 509

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Carport

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 151100.00
  • Land Assessed Value: 258400.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.39
  • Lot Size Area: 16923
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16923.00
  • Outdoor Living Structures: Deck(s), Screened
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13911575
  • Tax Annual Amount: 4254.20
  • Assessor Parcel Number: 160500365214
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 1380
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 03/31/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Mcadams Mark Timothy
Bought by
M Timothy Mcadams Living Trust
Current Estimated Value
$645,384

Purchase Details

Listed on
Dec 29, 2015
Closed on
Mar 23, 2016
Sold by
Ramsay Kristin L
Bought by
Mcadams Mark Timothy and Mcadams Katherine Carlton
Seller's Agent
Catherine Carroll
Weichert, REALTORS
Buyer's Agent
Tammy Thomas
Compass
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$310,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2008
Sold by
Farrell Joseph C
Bought by
Ramsey Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2008
Sold by
Farrell Joseph C
Bought by
Ramsey Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1997
Sold by
Perkins Edwin H and Perkins R Perkins N
Bought by
Farrell Joseph C and Farrell V Farrell R
Source: Public Records

Range of Values:

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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
M Timothy Mcadams Living Trust -- --
Mcadams Mark Timothy $425,000 Kvs Title Llc
Ramsey Kristin L $375,000 --
Ramsey Kristin L $375,000 --
Farrell Joseph C $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcadams Mark $30,000
Previous Owner Mcadams Mark Timothy $310,000
Previous Owner Ramsay Kristin L $289,000
Previous Owner Ramsay Kristin L $296,000
Previous Owner Ramsay Krisin L $298,000
Previous Owner Ramsey Kristin L $300,000
Previous Owner Ramsey Kristin L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $425,000 -5.5% $308 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $449,900 +5.9% $326 / Sq Ft
12/30/2015 12/30/15 Off Market $425,000 -- --
12/29/2015 12/29/15 For Sale $449,900 -- $326 / 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
2024 $5,873 $471,300 $0 $0
2023 $4,716 $433,000 $258,400 $174,600
2022 $3,464 $429,733 $0 $0
2021 $4,307 $426,467 $0 $0
2020 $4,307 $423,200 $258,400 $164,800
2019 $4,242 $418,633 $0 $0
2018 $4,192 $414,067 $0 $0
2017 $4,850 $409,500 $0 $0
2016 $3,609 $382,967 $0 $0
2015 $3,609 $356,433 $0 $0
2014 $3,609 $329,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002393751

Bright MLS

APN: 05-00365214