NOT LISTED FOR SALE

537 E Indian Spring Dr Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $586,000 - $617,000

3 Beds
2 Baths
1,878 Sq Ft
$320/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • Level Entry For Accessibility
  • Forced Air Heating and Cooling System
  • Montgomery Knolls Elementary School Rated A
  • Accessible Kitchen
  • Property is in excellent condition

About This Home

As of June 2024

LOCATION! This rental nestled conveniently in Silver spring - right off 495, features three bedrooms on main level with two full bathrooms. Large dinning and living room, an entrance into a spacious sunroom or extra room for a play area that leads into the back yard. The kitchen is nicely renovated and maintained with a large bay window and another door that leads out to the driveway. This rental does include washer and dryer in basement.

Please note the owner is renting the entire house but one bedroom downstairs that is current leased by a couple. This room has its own door to enter and exit so they will NOT come in contact with your living space ever.

Utilities to be split 80/20 (by couple already residing in bedroom downstairs- they will not be sharing washer and dryer with you).

Schedule your private showing for Tuesday mornings or Thursday mornings.

Last Agent to Rent the Property

Kiara Martinez Nieva

(240) 426-5543 Kiaranievarealtor@gmail.com Deausen Realty License #0225262204 Listed on: 05/03/2024

Last Renter's Agent

Kiara Martinez Nieva

(240) 426-5543 Kiaranievarealtor@gmail.com Deausen Realty License #0225262204 Listed on: 05/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,911

Year Built

  • Built in 1962

Lot Details

  • 8,183 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R60

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Accessible Kitchen
  • Level Entry For Accessibility

Utilities

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

Community Details

  • Franklin Knolls Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,500
  • Requires 1 Month of Rent Paid Up Front
  • 12-Month Min and 24-Month Max Lease Term
  • Available 5/2/24
  • Assessor Parcel Number 161301355825

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,911

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Date Available: 2024-05-02
  • Months Rent Up Front: 1.0
  • Pet Deposit: 350.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2500.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main, Kitchen Mod
  • New Construction: No
  • Story List: Main
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: LOCATION! This rental nestled conveniently in Silver spring - right off 495, features three bedrooms on main level with two full bathrooms. Large dinning and living room, an entrance into a spacious sunroom or extra room for a play area that leads into the back yard. The kitchen is nicely renovated and maintained with a large bay window and another door that leads out to the driveway. This rental does include washer and dryer in basement. Please note the owner is renting the entire house but one bedroom downstairs that is current leased by a couple. This room has its own door to enter and exit so they will NOT come in contact with your living space ever. Utilities to be split 80/20 (by couple already residing in bedroom downstairs- they will not be sharing washer and dryer with you). Schedule your private showing for Tuesday mornings or Thursday mornings.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2556
  • Living Area Sq Ft: 1878
  • Price Per Sq Ft: 1.96
  • Above Grade Finished Sq Ft: 1278
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 678
  • Total Below Grade Sq Ft: 1278
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 537

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8183.00
  • Property Condition: Excellent, Very Good
  • Zoning: R60

Tax Info

  • Assessor Parcel Number: 161301355825
  • Close Date: 06/15/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Flores Jose F and De Flores Maria
Bought by
Flores Jose F and De Flores Maria
Current Estimated Value
$601,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$149,124
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$452,257

Purchase Details

Closed on
Jun 1, 2000
Sold by
Damte Selome
Bought by
Flores Jose F and D L A M D M
Source: Public Records

Range of Values:

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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
Flores Jose F -- Accommodation
Flores Jose F $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jose F $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2024 06/15/24 Rented $2,500 0.0% --
05/07/2024 05/07/24 Under Contract -- -- --
05/03/2024 05/03/24 For Rent $2,500 0.0% --
04/09/2024 04/09/24 Rented $2,500 0.0% --
03/31/2024 03/31/24 For Rent $2,500 -- --
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 $5,911 $483,733 -- --
2024 $5,911 $450,000 $213,500 $236,500
2023 $4,971 $430,467 $0 $0
2022 $4,496 $410,933 $0 $0
2021 $4,115 $391,400 $213,500 $177,900
2020 $4,115 $385,500 $0 $0
2019 $4,015 $379,600 $0 $0
2018 $3,926 $373,700 $206,000 $167,700
2017 $3,850 $361,333 $0 $0
2016 $3,273 $348,967 $0 $0
2015 $3,273 $336,600 $0 $0
2014 $3,273 $334,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kiara Martinez Nieva

    Landlord's Agent in 2024

    Kiara Martinez Nieva

    Deausen Realty

    (240) 426-5543

    87 Total Sales

    Kiara Martinez Nieva
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Map

Source: Bright MLS

MLS Number: MDMC2130694

Bright MLS

APN: 13-01355825

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

537 E Indian Spring Dr, Silver Spring, MD

This home is located at 537 E Indian Spring Dr, Silver Spring, MD 20901 since 03 May 2024 and is currently priced at $601,381. This property was built in 1962. 537 E Indian Spring Dr is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Eastern Middle School.

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