NOT LISTED FOR SALE

515 E Melbourne Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $478,000 - $565,000

3 Beds
2 Baths
1,387 Sq Ft
$376/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $270,000 $195 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,163/month

14 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Montgomery Knolls Elementary School Rated A-
  • Brick Front
  • Dining Area

About This Home

As of November 2015

Home has hardwood floors in Dining Room & living room. Family room in main level has sliding glass doors which leads to a concrete patio. located in desirable community.Mod in basement

Last Agent to Sell the Property

Anjolene Whaley

(301) 322-2964 anjolenew@expressbrokersrealty.com Express Brokers Realty LLC Listed on: 07/17/2015

Last Buyer's Agent

Guitson Louis

(301) 943-6532 dmvrealty1@gmail.com Zenith Realty License #SBR006991

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 1959

Lot Details

  • 8,118 Sq Ft Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Dining Area

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Schools

  • Eastern Middle School
  • Montgomery Blair High School

Utilities

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

Community Details

  • No Home Owners Association
  • Franklin Knolls Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 161301352068

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,054

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1959
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Full
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas Available
  • 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

Schools

  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: EASTERN

Lot Info

  • Improvement Assessed Value: 115900.00
  • Land Assessed Value: 205700.00
  • Lot Size Acres: 0.19
  • Lot Size Area: 8118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8118.00
  • Property Attached Yn: No
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14037616
  • Tax Annual Amount: 4053.75
  • Assessor Parcel Number: 161301352068
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Nov 23, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Tovar Jorge
Seller's Agent
Anjolene Whaley
Express Brokers Realty LLC
Buyer's Agent
Guitson Louis
Zenith Realty
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Current Estimated Value
$521,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,028
Avg. Annual Appreciation
6.68%
Original Mortgage
$255,000
Outstanding Balance
$200,842
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$320,186

Purchase Details

Closed on
Jul 11, 2014
Sold by
Hernandez Carlos A and Hernandez Gladys E
Bought by
Everbank

Purchase Details

Closed on
Oct 4, 2004
Sold by
Alvarado Carlos E
Bought by
Hernandez Carlos A

Purchase Details

Closed on
Jan 16, 2004
Sold by
Alvarado Carlos E and Alvarado G A
Bought by
Alvarado Carlos E

Purchase Details

Closed on
Apr 18, 1994
Sold by
Brownfield Est By Pr H F
Bought by
Alvarado Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
7.45%
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
Tovar Jorge -- First American Title Ins
Everbank $445,000 None Available
Hernandez Carlos A $360,000 --
Alvarado Carlos E -- --
Alvarado Carlos E -- --
Alvarado Carlos E $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tovar Jorge $255,000
Previous Owner Alvarado Carlos E $153,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Sold $270,000 0.0% $195 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
07/27/2015 07/27/15 Off Market $270,000 -- --
07/20/2015 07/20/15 For Sale $250,000 -7.4% $180 / Sq Ft
07/20/2015 07/20/15 Off Market $270,000 -- --
07/17/2015 07/17/15 For Sale $250,000 -- $180 / 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 $5,597 $453,467 -- --
2024 $5,597 $422,700 $213,200 $209,500
2023 $6,066 $405,433 $0 $0
2022 $4,245 $388,167 $0 $0
2021 $3,893 $370,900 $213,200 $157,700
2020 $3,893 $365,400 $0 $0
2019 $3,797 $359,900 $0 $0
2018 $3,712 $354,400 $205,700 $148,700
2017 $3,649 $343,467 $0 $0
2016 -- $332,533 $0 $0
2015 $3,181 $321,600 $0 $0
2014 $3,181 $321,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anjolene Whaley

    Seller's Agent in 2015

    Anjolene Whaley

    Express Brokers Realty LLC

    (301) 322-2964

    37 Total Sales

    Anjolene Whaley
    Section Image
  • Guitson Louis

    Buyer's Agent in 2015

    Guitson Louis

    Zenith Realty

    (301) 943-6532

    21 Total Sales

    Guitson Louis
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002355669

Bright MLS

APN: 13-01352068

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

515 E Melbourne Ave, Silver Spring, MD

Not Listed for Sale

Detached

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