NOT LISTED FOR SALE

521 E Indian Spring Dr Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $639,758 - $699,000

3 Beds
2.5 Baths
2,160 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $457,000 $212 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,962/month

7 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • No HOA
  • Montgomery Knolls Elementary School Rated A-
  • Whirlpool Bathtub
  • Upgraded Countertops

About This Home

As of March 2017

WONDERFUL SPACIOUS 4-LVL SPLIT, EASY FLOWING FLOORPLAN, LOCATED INSIDE THE BELTWAY, SUN-FILLED LR & DR EXITING TO REAR PATIO. REFINISHED HW S-MAIN & UPPER LVL, UPD BA S & KITCHEN, FRESHLY PAINTED, LVL1 BONUS ROOM-OFFICE/AUPAIR/GUEST, CLOSE TO 4-CORNER, 495 & SHOPPING, SPACIOUS IN KITCHEN + DOOR TO DRIVEWAY, FINISHED 4TH LVL, HUGE CLOSETS AND STORAGE, SO MUCH TO OFFER & MUCH MORE. YOURS TODAY.

Last Agent to Sell the Property

KC Chronopoulos

(202) 285-5837 kc@lnf.com Long & Foster Real Estate, Inc. Listed on: 02/22/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Marc Cowan

(202) 476-9790 marcofdistinctionhomes@gmail.com Compass License #02252225930

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1962

Lot Details

  • 6,825 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Basement with some natural light

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Franklin Knolls Subdivision, This One Is For You! Floorplan

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 161301353941

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,703

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Year Built: 1962
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Kitchen - Country, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Crown Moldings, Whirlpool/Hottub, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Bedroom 1, Study, Exercise Room, Laundry
  • Basement: Yes
  • Basement Type: Fully Finished, Daylight, Partial
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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

Lot Info

  • Improvement Assessed Value: 166000.00
  • Land Assessed Value: 200200.00
  • Lot Size Acres: 0.16
  • Lot Size Area: 6825
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6825.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14037801
  • Tax Annual Amount: 4703.13
  • Assessor Parcel Number: 161301353941
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Mar 28, 2017
Sold by
Housen Violet and Housen Violet R
Bought by
Mercier Lancy and Mercier Luz
Seller's Agent
KC Chronopoulos
Long & Foster Real Estate, Inc.
Buyer's Agent
Marc Cowan
Compass
List Price
$449,900
Sold Price
$457,000
Premium/Discount to List
$7,100
1.58%
Current Estimated Value
$661,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,440
Avg. Annual Appreciation
4.30%
Original Mortgage
$424,100
Outstanding Balance
$351,847
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$309,593
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
Mercier Lancy $457,000 Rsi Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercier Lancy $424,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2017 03/28/17 Sold $457,000 +1.6% $212 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $449,900 -- $208 / 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 $6,077 $508,300 -- --
2024 $6,077 $464,400 $207,700 $256,700
2023 $5,317 $460,500 $0 $0
2022 $5,000 $456,600 $0 $0
2021 $4,560 $452,700 $207,700 $245,000
2020 $4,560 $425,867 $0 $0
2019 $4,229 $399,033 $0 $0
2018 $3,909 $372,200 $200,200 $172,000
2017 $3,950 $370,200 $0 $0
2016 -- $368,200 $0 $0
2015 $3,541 $366,200 $0 $0
2014 $3,541 $362,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • KC Chronopoulos

    Seller's Agent in 2017

    KC Chronopoulos

    Long & Foster

    (202) 285-5837

    33 Total Sales

    KC Chronopoulos
    Section Image
  • Marc Cowan

    Buyer's Agent in 2017

    Marc Cowan

    Compass

    (202) 476-9790

    43 Total Sales

    Marc Cowan
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002487047

Bright MLS

APN: 13-01353941

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

521 E Indian Spring Dr, Silver Spring, MD

Not Listed for Sale

Detached

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