NOT LISTED FOR SALE

512 Silver Spring Ave Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $553,000 - $852,795

3 Beds
1.5 Baths
1,599 Sq Ft
$455/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $440,000 $275 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,564/month

36 Days on Market

Highlights

  • 0.37 Acre Lot
  • Cape Cod Architecture
  • Space For Rooms
  • Takoma Park Middle School Rated A
  • Wood Flooring
  • 3-minute walk to Sligo Ave Neighborhood Park

About This Home

As of July 2022

OPEN SATURDAY July 2nd from 2-4 PM.
Close-in Silver Spring! This 1940 Cape is looking for a new owner to reimagine it or simply restore its original charm. Set on a huge, deep lot, this property has loads of potential. Original hardwoods run throughout the main and upper levels. The living room features a wood-burning fireplace, and access to the sunroom. There’s a formal dining room and a kitchen with a door to the backyard. Two ample bedrooms and a full bath complete the main level. The upper level has been finished and offers loads of living space for a bedroom, a family room or home office. The lower level is unfinished, and includes laundry, a half bath, and access to the side yard. Driveway and garage for off-street parking.


Here’s What You’ll Love About This House
Huge, deep lot
Close-in Silver Spring
Original hardwoods
New roof with oversized gutters (2011)


Here’s What’s Nearby
0.2 mi to Sligo Avenue Neighborhood Park
0.3 mi to Sligo Creek Parkway and Trail
0.4 mi to Nolte Regional Park
0.8 mi to Safeway
0.8 mi to Whole Foods Market
1.0 mi to Downtown Silver Spring
1.0 mi to Silver Spring Metro
1.7 mi to downtown Takoma Park
2.0 mi to Beltway/495

Last Agent to Sell the Property

Cari Jordan

(301) 905-6521 cari@gobrent.co RLAH @properties License #624661 Listed on: 06/02/2022

RLAH @properties

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1940

Lot Details

  • 0.37 Acre Lot
  • Property is zoned R60

Parking

  • 1 Car Detached Garage
  • 3 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Plaster Walls
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Utility Room
  • Wood Flooring

Bedrooms and Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Side Basement Entry
  • Space For Rooms

Outdoor Features

  • Shed

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Blair Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161300988245

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,291

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
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-03
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Wood Floors, Chair Railings
  • Fireplace Features: Wood, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room, Utility Room, Bathroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Outside Entrance, Side Entrance, Space For Rooms, Unfinished, Walkout Level
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 2516
  • Living Area Sq Ft: 1599
  • Price Per Sq Ft: 325.20
  • Above Grade Finished Sq Ft: 1599
  • Below Grade Sq Ft: 917
  • Total Below Grade Sq Ft: 917
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Brick
  • Roof: Asphalt, Shingle
  • 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: Asphalt Driveway
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 180400.00
  • Land Assessed Value: 384700.00
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15920.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14003575
  • Tax Annual Amount: 6291.00
  • Assessor Parcel Number: 161300988245
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 29, 2022
Sold by
Arthur Lee Jr
Bought by
Ace Construction Llc
Seller's Agent
Cari Jordan
RLAH @properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$535,000
Sold Price
$440,000
Premium/Discount to List
-$95,000
-17.76%
Current Estimated Value
$727,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,949
Avg. Annual Appreciation
15.81%

Purchase Details

Closed on
Dec 5, 1995
Sold by
A Harald G and A Hoyesen C
Bought by
Arthur Arthur and Arthur Lee S
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
Ace Construction Llc $440,000 Old Republic National Title
Arthur Arthur $129,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $440,000 -15.4% $275 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $520,000 -2.8% $325 / Sq Ft
06/02/2022 06/02/22 For Sale $535,000 -- $335 / 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 $9,134 $769,567 -- --
2024 $9,134 $729,900 $384,700 $345,200
2023 $7,029 $549,033 $0 $0
2022 $5,843 $532,967 $0 $0
2021 $5,599 $516,900 $384,700 $132,200
2020 $5,561 $516,567 $0 $0
2019 $5,521 $516,233 $0 $0
2018 $5,496 $515,900 $384,700 $131,200
2017 $5,351 $500,300 $0 $0
2016 -- $484,700 $0 $0
2015 $4,120 $469,100 $0 $0
2014 $4,120 $469,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cari Jordan

    Seller's Agent in 2022

    Cari Jordan

    Real Living at Home

    (301) 905-6521

    41 in this area

    193 Total Sales

    Cari Jordan
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2053238

Bright MLS

APN: 13-00988245

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

512 Silver Spring Ave, Silver Spring, MD

Not Listed for Sale

Detached

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