524 Norcross Way Silver Spring, MD 20904
Estimated Value: $654,000 - $773,000
4
Beds
3.5
Baths
3,241
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Colonial Architecture
- Cathedral Ceiling
- Springbrook High School Rated A-
- Deck
- Wood Flooring
About This Home
As of October 2020Spectacular contemporary colonial in sought after Valleybrook. Pristine cul-de-sac location with nicely landscaped lot. You are just a stone's throw from Meadowood Park. Home features re-polished hardwood floors covering the entire main floor and basement and freshly painted throughout. Cathedral ceilings and open floor plan, including the brand new skylights, bring in so much natural light. Entertain in your open kitchen, with new vinyl flooring and stainless steel appliances. Wind down next to your wood burning fireplace for these upcoming chilly fall and winter nights. Enjoy the private deck just off the updated kitchen and family room; the perfect spot to relax or entertain. New owners will benefit from a brand new roof, gutters and siding. New carpet installed 9/2020!
Last Agent to Sell the Property
Real Broker, LLC - Gaithersburg License #0225239532 Listed on: 08/27/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,926
Year Built
- Built in 1987
Lot Details
- 10,000 Sq Ft Lot
- Property is in excellent condition
- Property is zoned R200
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Front Facing Garage
- Off-Street Parking
Home Design
- Colonial Architecture
- Architectural Shingle Roof
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- 1 Fireplace
- Family Room Off Kitchen
- Dining Area
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Partially Carpeted
- Heavy Duty
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
Community Details
- No Home Owners Association
- Valleybrook Subdivision
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number 160502514030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2020
Closed on
Oct 23, 2020
Sold by
Magloire Jeffrey
Bought by
Lemma Fisseha and Mekonen Frehiwot
Seller's Agent
Colin McKevitt
Real Broker, LLC - Gaithersburg
Buyer's Agent
Mekete Mulugeta
HomeSmart
List Price
$539,888
Sold Price
$555,000
Premium/Discount to List
$15,112
2.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,784
Avg. Annual Appreciation
5.96%
Original Mortgage
$555,000
Outstanding Balance
$499,472
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,312
Purchase Details
Listed on
Aug 17, 2012
Closed on
Dec 12, 2012
Sold by
Satya Llc
Bought by
Magloire Jeffrey
Seller's Agent
Pamela DuBois
EXP Realty, LLC
Buyer's Agent
Nicola Taylor
TTR Sotheby's International Realty
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Purchase Details
Listed on
Aug 16, 2011
Closed on
Jul 13, 2012
Sold by
Borniea Eva A
Bought by
Satya Llc
Seller's Agent
Jimmy Fasusi
Fairfax Realty Premier
Buyer's Agent
Pamela DuBois
EXP Realty, LLC
List Price
$299,000
Sold Price
$320,200
Premium/Discount to List
$21,200
7.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.44%
Purchase Details
Closed on
Feb 2, 2009
Sold by
Bugeja Emma
Bought by
Borniea Eva A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,682
Interest Rate
6.13%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 31, 2008
Sold by
Bugeja Emma
Bought by
Borniea Eva A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,682
Interest Rate
6.13%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 25, 1996
Sold by
Bugeja Emma
Bought by
Bugeja Emma and Bugeja R
Similar Homes in Silver Spring, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lemma Fisseha | $555,000 | Stewart Title Guaranty Co | |
| Magloire Jeffrey | $460,000 | -- | |
| Satya Llc | $320,200 | Mta Title & Escrow Llc | |
| Borniea Eva A | $485,000 | -- | |
| Borniea Eva A | $485,000 | -- | |
| Bugeja Emma | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lemma Fisseha | $555,000 | |
| Previous Owner | Magloire Jeffrey | $406,150 | |
| Previous Owner | Borniea Eva A | $485,862 | |
| Previous Owner | Borniea Eva A | $478,682 | |
| Previous Owner | Borniea Eva A | $478,682 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2020 10/23/20 | Sold | $555,000 | +2.8% | $171 / Sq Ft |
| 09/12/2020 09/12/20 | Pending | -- | -- | -- |
| 09/10/2020 09/10/20 | For Sale | $539,888 | -2.7% | $167 / Sq Ft |
| 09/10/2020 09/10/20 | Off Market | $555,000 | -- | -- |
| 08/29/2020 08/29/20 | For Sale | $550,000 | -0.9% | $170 / Sq Ft |
| 08/27/2020 08/27/20 | Off Market | $555,000 | -- | -- |
| 08/27/2020 08/27/20 | For Sale | $540,000 | +17.4% | $167 / Sq Ft |
| 11/27/2012 11/27/12 | Sold | $460,000 | 0.0% | $213 / Sq Ft |
| 11/01/2012 11/01/12 | Price Changed | $460,000 | +2.4% | $213 / Sq Ft |
| 10/31/2012 10/31/12 | Pending | -- | -- | -- |
| 09/22/2012 09/22/12 | Price Changed | $449,000 | -4.4% | $208 / Sq Ft |
| 09/07/2012 09/07/12 | Price Changed | $469,900 | -5.8% | $217 / Sq Ft |
| 08/17/2012 08/17/12 | For Sale | $499,000 | +55.8% | $231 / Sq Ft |
| 07/13/2012 07/13/12 | Sold | $320,200 | 0.0% | $148 / Sq Ft |
| 03/14/2012 03/14/12 | Pending | -- | -- | -- |
| 03/10/2012 03/10/12 | Off Market | $320,200 | -- | -- |
| 03/07/2012 03/07/12 | Price Changed | $299,999 | +0.3% | $139 / Sq Ft |
| 03/05/2012 03/05/12 | Price Changed | $299,000 | 0.0% | $138 / Sq Ft |
| 03/05/2012 03/05/12 | For Sale | $299,000 | -25.1% | $138 / Sq Ft |
| 02/10/2012 02/10/12 | Pending | -- | -- | -- |
| 10/12/2011 10/12/11 | Price Changed | $399,000 | -15.5% | $185 / Sq Ft |
| 08/16/2011 08/16/11 | For Sale | $472,000 | -- | $218 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,719 | $530,867 | $0 | $0 |
| 2023 | $5,494 | $486,600 | $223,600 | $263,000 |
| 2022 | $4,928 | $460,867 | $0 | $0 |
| 2021 | $4,581 | $435,133 | $0 | $0 |
| 2020 | $8,524 | $409,400 | $223,600 | $185,800 |
| 2019 | $4,235 | $409,400 | $223,600 | $185,800 |
| 2018 | $4,523 | $409,400 | $223,600 | $185,800 |
| 2017 | $4,329 | $412,900 | $0 | $0 |
| 2016 | $4,720 | $404,333 | $0 | $0 |
| 2015 | $4,720 | $395,767 | $0 | $0 |
| 2014 | $4,720 | $387,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Colin McKevitt
Seller's Agent in 2020
Colin McKevitt
Real Broker, LLC - Gaithersburg
(240) 593-7644
3 in this area
204 Total Sales
-
Peggy Lyn Speicher
Seller Co-Listing Agent in 2020
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
(808) 495-3525
4 in this area
166 Total Sales
-
Mekete Mulugeta
Buyer's Agent in 2020
Mekete Mulugeta
HomeSmart
(240) 444-9792
3 in this area
69 Total Sales
-
Pamela DuBois
Seller's Agent in 2012
Pamela DuBois
EXP Realty, LLC
(888) 860-7369
14 Total Sales
-
Jimmy Fasusi
Seller's Agent in 2012
Jimmy Fasusi
Fairfax Realty Premier
(240) 832-8725
-
Nicola Taylor
Buyer's Agent in 2012
Nicola Taylor
TTR Sotheby's International Realty
(301) 792-9276
85 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC720480
APN: 05-02514030
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