524 Norcross Way Silver Spring, MD 20904
5
Beds
3.5
Baths
2,161
Sq Ft
10,000
Sq Ft Lot
Highlights
- Open Floorplan
- Colonial Architecture
- No HOA
- Springbrook High School Rated A-
- 1 Fireplace
- Upgraded Countertops
About This Home
As of October 2020Beautiful landscape lot, nice deck, skylights, cathederal ceilings, open floor plan, quiet culde-sac location, close to Meadowood park-tennis, bus line. May need some cosmetic work. Third Party Approval Needed. Commission to be determined by the Bank. Best Offer Please. "OFFERS UNDER REVIEW" Thank you
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,183
Year Built
- Built in 1987
Lot Details
- 10,000 Sq Ft Lot
- Property is in very good condition
- Property is zoned R200
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- 1 Fireplace
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Dining Room
- Front Loading Washer
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
- Upgraded Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 3.5 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
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
$170,484
Avg. Annual Appreciation
5.79%
Original Mortgage
$555,000
Outstanding Balance
$499,472
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,012
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $555,000 | Stewart Title Guaranty Co | |
| Deed | $460,000 | -- | |
| Deed | $320,200 | Mta Title & Escrow Llc | |
| Deed | $485,000 | -- | |
| Deed | $485,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $555,000 | New Conventional | |
| Previous Owner | $406,150 | New Conventional | |
| Previous Owner | $485,862 | FHA | |
| Previous Owner | $478,682 | FHA | |
| Previous Owner | $478,682 | FHA |
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
163 Total Sales
-
Mekete Mulugeta
Buyer's Agent in 2020
Mekete Mulugeta
HomeSmart
(240) 444-9792
3 in this area
70 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
87 Total Sales
Map
Source: Bright MLS
MLS Number: 1004554124
APN: 05-02514030
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