NOT LISTED FOR SALE

516 Fairhill Dr Silver Spring, MD 20904

Estimated Value: $643,000 - $669,000

4 Beds
3 Baths
2,422 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $530,000 $219 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,923/month

4 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • Springbrook High School Rated A-
  • 1 Car Attached Garage

About This Home

As of April 2021

What a house! Well maintained home featuring 4 bedrooms and 3 full bathrooms. Renovated bathrooms, refinished hardwood floors, attached garage, and so much more. What a location! A commuters dream. Minutes from the major highways like I-495, I-95 and the ICC. Public transportation is within a short walking distance. Don't let this gem pass you by.

Last Agent to Sell the Property

Tran Nguy

(240) 447-8585 tran@jandrteam.com Bethesda Realty Group LLC License #597113 Listed on: 03/05/2021

Last Buyer's Agent

Christian Mbouende

(301) 755-7344 cmbouende4@gmail.com Fairfax Realty Premier

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,348

Year Built

  • Built in 1962

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Carol Acres Subdivision

Listing and Financial Details

  • Tax Lot P5
  • Assessor Parcel Number 160500332420

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,348

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level, Partially Finished
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2422
  • Price Per Sq Ft: 255.79
  • Above Grade Finished Sq Ft: 2072
  • Below Grade Finished Sq Ft: 350
  • Below Grade Sq Ft: 378
  • Total Below Grade Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt
  • 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 Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 308.26
  • 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

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 219200.00
  • Land Assessed Value: 204000.00
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14601.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13839965
  • Tax Annual Amount: 4348.00
  • Assessor Parcel Number: 160500332420
  • Tax Lot: P5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 23, 2021
Sold by
Nguy John
Bought by
Kuissu Duplex Enid
Seller's Agent
Tran Nguy
Bethesda Realty Group LLC
Buyer's Agent
Christian Mbouende
Fairfax Realty Premier
List Price
$529,999
Sold Price
$530,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$653,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,270
Avg. Annual Appreciation
4.57%
Original Mortgage
$424,000
Outstanding Balance
$383,432
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$269,838

Purchase Details

Listed on
Feb 17, 2014
Closed on
Apr 28, 2014
Sold by
Hicks Peter Augustus and Hicks Helen S
Bought by
Nguy John
Seller's Agent
John Lesniewski
RE/MAX United Real Estate
Buyer's Agent
Linda Tran
Classic Realty LTD
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$361,875
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kuissu Duplex Enid $530,000 Realty Title Services Inc
Nguy John $375,000 Micasa Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuissu Duplex Enid $424,000
Previous Owner Nguy John $361,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $530,000 0.0% $219 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $529,999 +41.3% $219 / Sq Ft
04/28/2014 04/28/14 Sold $375,000 0.0% $181 / Sq Ft View Prior Sale
02/20/2014 02/20/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $375,000 -- $181 / 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 $5,996 $513,000 -- --
2024 $5,996 $468,100 $0 $0
2023 $4,763 $423,200 $204,000 $219,200
2022 $4,289 $402,967 $0 $0
2021 $4,003 $382,733 $0 $0
2020 $3,745 $362,500 $204,000 $158,500
2019 $3,656 $356,933 $0 $0
2018 $3,576 $351,367 $0 $0
2017 $3,521 $345,800 $0 $0
2016 $3,576 $334,100 $0 $0
2015 $3,576 $322,400 $0 $0
2014 $3,576 $310,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tran Nguy

    Seller's Agent in 2021

    Tran Nguy

    Bethesda Realty Group LLC

    (240) 447-8585

    1 in this area

    7 Total Sales

    Tran Nguy
    Section Image

  • C

    Buyer's Agent in 2021

    Christian Mbouende

    Fairfax Realty Premier

    (301) 755-7344

    1 in this area

    8 Total Sales

    Christian Mbouende
    Section Image
  • John Lesniewski

    Seller's Agent in 2014

    John Lesniewski

    RE/MAX

    (301) 702-4228

    253 Total Sales

    John Lesniewski
    Section Image

  • L

    Buyer's Agent in 2014

    Linda Tran

    Classic Realty LTD

See All Agents

Map

Source: Bright MLS

MLS Number: MDMC746880

Bright MLS

APN: 05-00332420

Maryland Montgomery County Silver Spring 20904

516 Fairhill Dr, Silver Spring, MD

Not Listed for Sale

Detached

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