NOT LISTED FOR SALE

513 Highgate Terrace Silver Spring, MD 20904

Colesville Area

Estimated Value: $751,000 - $872,000

4 Beds
2.5 Baths
3,721 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2023

Last sale price $630,000 $169 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,053 / mo

32 Days on Market

Highlights

  • Colonial Architecture
  • 3 Fireplaces
  • No HOA
  • Westover Elementary School Rated A
  • Great Room
  • Home Office

About This Home

As of February 2023

Immediate Availability---Turn Key Equity---Opportunity---Well Maintained Classic Dutch Colonial Located on a Private Cul De Sac in Sought After Sherwood Forest Manor Community (No HOA)--Featuring 3,500+ Square Feet of Living Spacious Living--SELLERS LOAN IS A VA ASSUMABLE AT 2.5% (Qualified by the Lender)--This Wonderful Home Offers Unique & Impressive Features Such as Gorgeous Hardwood Floors, Beautiful Custom Built-In Bookshelves & Trim Throughout, 3 Fireplaces, a Great Room with Soaring Ceilings (an Incredible Space with a Wood Burning Fireplace), A Separate Dining Room with an Over-sized Bay Window, Large Living Room with Incredible Windows That Allow in the Glorious Warm Sunlight, Office With a Gas Fireplace and Exposed Wood Beams, a Bonus Room for Gaming Highlighted by an Accent Brick Wall, Master Suite Complimented by a Wood Burning Fireplace-Tray Ceiling-Private Bathroom (2 Closets, 1 Walk-In), Bedroom with a Large Deck Overlooking Rear Yard and so Much More--Many Significant Improvements Including a New Furnace, New AC System, New Hot Water Heater, Upgraded Electric Wiring & Panels, Main Gas/Sewer Lines Replaced, 3 Fireplaces Relined, New Powder Room, New Flooring, New Refrigerator, New Lighting Fixtures, New Carpet, Freshly Painted and There's a Generator too--the Private Fenced-In Rear Yard Offers Endless Opportunities & Seclusion (Create Your Own Oasis or Serenity Garden)--Walking Distance to Elementary School, Fabulous Parks (Sherwood Manor Park & Wheaton Regional Park), Metro & Convenient Shopping Nearby--Easy Access Out to DC, Northern Virginia, Columbia, Ft Meade/NSA or Joint Andrews--Stay for a Minute and You Will Stay for a Lifetime--Welcome Home!

Last Agent to Sell the Property

Mark A. Ritter

(866) 987-3937 info@godouglasrealty.com Douglas Realty, LLC License #651283 Listed on: 11/17/2022

Douglas Realty, LLC

Last Buyer's Agent

Kelly Ceron-Osorio

(703) 349-3900 clientservices@bobandronna.com Samson Properties License #583311

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,178

Year Built

  • Built in 1965

Lot Details

  • 15,038 Sq Ft Lot
  • Property is zoned R200

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 2 Levels
  • 3 Fireplaces
  • Great Room
  • Living Room
  • Dining Room
  • Home Office
  • Laundry on lower level
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 6 Parking Spaces
  • 4 Driveway Spaces
  • 2 Attached Carport Spaces
  • On-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Sherwood Forest Manor Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 160500323915

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,178

Year Built

Built in 1965

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-11-17
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 3
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 4, Great Room, Office, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor, Lower Floor
  • Total Sq Ft: 3937
  • Living Area Sq Ft: 3721
  • Price Per Sq Ft: 211.42
  • Above Grade Finished Sq Ft: 3074
  • Below Grade Finished Sq Ft: 647
  • Below Grade Sq Ft: 216
  • Total Below Grade Sq Ft: 863
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half 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: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, On Street, Attached Carport
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 302200.00
  • Land Assessed Value: 229200.00
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15038.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13839359
  • Tax Annual Amount: 6178.00
  • Assessor Parcel Number: 160500323915
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 27, 2023
Sold by
Bought by
Seller's Agent
Mark A. Ritter
Douglas Realty, LLC
Buyer's Agent
Kelly Ceron-Osorio
Samson Properties
List Price
$649,900
Sold Price
$630,000
Premium/Discount to List
-$19,900
-3.06%
Views
71
Current Estimated Value
$803,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,679
Avg. Annual Appreciation
7.08%
Original Mortgage
$598,500
Outstanding Balance
$566,420
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$237,259

Purchase Details

Closed on
Oct 22, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 13, 2019
Closed on
Dec 23, 2019
Sold by
Bought by
Seller's Agent
Minassie Tekalign
Tek-Align Realty, LLC
Buyer's Agent
Martin Conroy
Coldwell Banker Realty
List Price
$465,000
Sold Price
$435,000
Premium/Discount to List
-$30,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$396,393
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jul 22, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Silver Spring, MD

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 Titan Title
-- None Available
-- None Available
$435,000 Mid Atlantic Setmnt Svcs Llc
$409,912 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $598,500
Previous Owner $75,000
Previous Owner $401,497
Previous Owner $396,393
Previous Owner $810,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2023 02/03/23 Sold $630,000 -3.1% $169 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $649,900 +3.2% $175 / Sq Ft
12/19/2022 12/19/22 Off Market $630,000 -- --
11/30/2022 11/30/22 Price Changed $649,900 -3.0% $175 / Sq Ft
11/17/2022 11/17/22 For Sale $669,900 +54.0% $180 / Sq Ft
12/23/2019 12/23/19 Sold $435,000 -6.5% $136 / Sq Ft View Prior Sale
11/13/2019 11/13/19 Pending -- -- --
10/13/2019 10/13/19 For Sale $465,000 -- $146 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,743 $612,267
2024 $7,190 $571,833 $0 $0
2023 $7,394 $531,400 $229,200 $302,200
2022 $5,486 $511,433 $0 $0
2021 $5,202 $491,467 $0 $0
2020 $4,985 $471,500 $229,200 $242,300
2019 $4,040 $462,200 $0 $0
2018 $3,937 $452,900 $0 $0
2017 $4,689 $443,600 $0 $0
2016 -- $435,633 $0 $0
2015 $5,386 $427,667 $0 $0
2014 $5,386 $419,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2075898

Bright MLS

APN: 05-00323915

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