NOT LISTED FOR SALE

540 Southview Ave Silver Spring, MD 20905

Estimated Value: $647,000 - $670,000

4 Beds
2.5 Baths
2,162 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $515,000 $238 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,998/month

Highlights

  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage
  • Dr. Charles R. Drew Elementary School Rated A
  • Formal Dining Room
  • 2-minute walk to Peachwood Neighborhood Park

About This Home

As of September 2021

***All offers are due by Monday 8/23 at noon***

Come see this charming split level in the desirable Peachwood community before it goes!

This beautiful home was well cared for by the original owners, and is awaiting your personal touches. As you walk in, you will notice beautiful hardwood flooring and an open foyer. This property features quite a few large rooms, one of which even has a wood burning fireplace! Enjoy the size of the formal living and formal dining room, which are perfect for large gatherings. The kitchen has plenty of counterspace, and direct access to a well maintained backyard. Upstairs, you will notice 4 good sized bedrooms and 2 full bathrooms. This property even has a finished basement! The two car garage is perfect for that extra storage we all need. On top of all of that, this home is in a great location, perfect for commuters. Walking distance to wonderful Peachwood park!

Last Agent to Sell the Property

Scott Poole

(240) 357-7077 scott.poole@cbrealty.com VYBE Realty Listed on: 08/19/2021

VYBE Realty

Last Buyer's Agent

Nha Vo

(301) 370-4681 NickVo71@AOL.com Samson Properties License #576580

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,733

Year Built

  • Built in 1973

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Split Level Home

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Peachwood Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 160500365407

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,733

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-08-19
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: ***All offers are due by Monday 8/23 at noon*** Come see this charming split level in the desirable Peachwood community before it goes! This beautiful home was well cared for by the original owners, and is awaiting your personal touches. As you walk in, you will notice beautiful hardwood flooring and an open foyer. This property features quite a few large rooms, one of which even has a wood burning fireplace! Enjoy the size of the formal living and formal dining room, which are perfect for large gatherings. The kitchen has plenty of counterspace, and direct access to a well maintained backyard. Upstairs, you will notice 4 good sized bedrooms and 2 full bathrooms. This property even has a finished basement! The two car garage is perfect for that extra storage we all need. On top of all of that, this home is in a great location, perfect for commuters. Walking distance to wonderful Peachwood park!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpet, Dining Area, Formal/Separate Dining Room, Wood Floors
  • Fireplace Features: Wood, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2416
  • Living Area Sq Ft: 2162
  • Price Per Sq Ft: 260.98
  • Above Grade Finished Sq Ft: 1912
  • Below Grade Finished Sq Ft: 250
  • Below Grade Sq Ft: 254
  • Total Below Grade Sq Ft: 504
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 540

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 173100.00
  • Land Assessed Value: 255000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15733.00
  • Year Assessed: 2021
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13842279
  • Tax Annual Amount: 4733.00
  • Assessor Parcel Number: 160500365407
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 2162
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/27/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 27, 2021
Sold by
Brader Brigid M and Brader James C
Bought by
Doan Quang Chanh and Ho Hoang Bao
Seller's Agent
Scott Poole
VYBE Realty
Buyer's Agent
Nha Vo
Samson Properties
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Current Estimated Value
$661,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,945
Avg. Annual Appreciation
6.22%
Original Mortgage
$463,000
Outstanding Balance
$426,767
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$229,280
Source: Public Records

Range of Values:

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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
Doan Quang Chanh $515,000 Paradigm Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doan Quang Chanh $463,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $515,000 +3.2% $238 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $499,000 -- $231 / 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 $5,850 $510,433 -- --
2024 $5,850 $469,267 $0 $0
2023 $4,660 $428,100 $255,000 $173,100
2022 $4,407 $425,100 $0 $0
2021 $3,622 $422,100 $0 $0
2020 $3,570 $419,100 $255,000 $164,100
2019 $3,386 $400,433 $0 $0
2018 $3,215 $381,767 $0 $0
2017 $3,634 $363,100 $0 $0
2016 -- $350,033 $0 $0
2015 $3,973 $336,967 $0 $0
2014 $3,973 $323,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2010958

Bright MLS

APN: 05-00365407