NOT LISTED FOR SALE

516 Orchard Way Silver Spring, MD 20904

Estimated Value: $617,000 - $730,000

4 Beds
2.5 Baths
2,026 Sq Ft
$341/Sq Ft Est. Value

Last Sold September 04, 2012

Last sale price $325,000 $160 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,171/month

Highlights

  • 1.25 Acre Lot
  • Traditional Floor Plan
  • Garden View
  • Dr. Charles R. Drew Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of September 2012

Best SF Detached deal in Montgomery Co. w/value range pricing from $319,900 to $349,900 - Huge potential for sweat equity on as-is estate sale - Good bones and fantastic location just off of the ICC at New Hampshire Ave- Attached motorcycle garage and detached 2 car garage - 1.25 acres to call your own w/brick BBQ on back yard patio - Best & Final offers to be reviewed on July 9

Last Agent to Sell the Property

John Netherton

reochoicerealty@mris.com SMART CHOICE REALTY Listed on: 06/15/2012

Last Buyer's Agent

Adalgisa Mora

(240) 417-6242 amora20@yahoo.com Fairfax Realty Select

Fairfax Realty Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,425

Year Built

  • Built in 1956

Lot Details

  • 1.25 Acre Lot
  • South Facing Home
  • Property is in below average condition
  • Property is zoned RE1

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Plaster Walls
  • Wood Walls
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Paneling
  • Whole House Fan
  • Ceiling Fan
  • 2 Fireplaces
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Wood Frame Window
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Photo Lab or Dark Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Garden Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Basement Windows

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Porch

Schools

  • Francis Scott Key Middle School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Fiber Optics Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Colesville Farm Estates HOA
  • Colesville Farm Estates Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160500310456

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,425

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1956
  • Remarks Public: Best SF Detached deal in Montgomery Co. w/value range pricing from $319,900 to $349,900 - Huge potential for sweat equity on as-is estate sale - Good bones and fantastic location just off of the ICC at New Hampshire Ave- Attached motorcycle garage and detached 2 car garage - 1.25 acres to call your own w/brick BBQ on back yard patio - Best & Final offers to be reviewed on July 9
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Self Cleaning, Refrigerator, Washer
  • Interior Amenities: Attic, Dining Area, Kitchen - Eat-In, Built-Ins, Window Treatments, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Window Features: Storm, Wood Frame
  • Fireplace Features: Equipment, Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Plaster Walls, Wood Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Library, Foyer, Bedroom 1, Study, Laundry, Photo Lab/Darkroom, Storage Room, Utility Room, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Heated, Partially Finished, Windows
  • Living Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick, Concrete
  • Exterior Features: Satellite Dish
  • Road Surface Type: Us Highway/Interstate
  • Roof: Asphalt
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage - Front Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage, Detached Garage

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Whole House Fan, Zoned
  • Heating Fuel: Oil
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Fiber Optics Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: COLESVILLE FARM ESTATES
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Middle School: FRANCIS SCOTT KEY
  • School District Key: 121138126809
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Improvement Assessed Value: 100600.00
  • Land Assessed Value: 287200.00
  • Lot Size Acres: 1.25
  • Lot Size Area: 54393
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54393.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Year Assessed: 2012
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13838454
  • Tax Annual Amount: 5425.28
  • Assessor Parcel Number: 160500310456
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 2026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 09/04/2012

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Sep 24, 2012
Sold by
Eudy Darrell J and Eudy G B
Bought by
Cordon Marvin E
Seller's Agent
John Netherton
SMART CHOICE REALTY
Buyer's Agent
Adalgisa Mora
Fairfax Realty Select
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%
Current Estimated Value
$690,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,490
Avg. Annual Appreciation
5.92%
Source: Public Records

Range of Values:

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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
Cordon Marvin E $325,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2012 09/04/12 Sold $325,000 0.0% $160 / Sq Ft
07/09/2012 07/09/12 Off Market $325,000 -- --
07/06/2012 07/06/12 Price Changed $349,900 +16.7% $173 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
06/18/2012 06/18/12 Price Changed $299,900 -25.0% $148 / Sq Ft
06/15/2012 06/15/12 For Sale $399,900 -- $197 / 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 $6,120 $499,000 -- --
2024 $6,120 $472,900 $0 $0
2023 $5,098 $446,800 $324,000 $122,800
2022 $3,585 $444,833 $0 $0
2021 $4,723 $442,867 $0 $0
2020 $3,794 $440,900 $324,000 $116,900
2019 $4,592 $437,067 $0 $0
2018 $4,532 $433,233 $0 $0
2017 $4,505 $429,400 $0 $0
2016 -- $415,533 $0 $0
2015 $4,733 $401,667 $0 $0
2014 $4,733 $387,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004034826

Bright MLS

APN: 05-00310456