NOT LISTED FOR SALE

601 Copley Ln Silver Spring, MD 20904

Estimated Value: $628,000 - $815,000

3 Beds
2 Baths
1,890 Sq Ft
$374/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $685,000 $362 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,219/month

75 Days on Market

Highlights

  • View of Trees or Woods
  • 1.98 Acre Lot
  • 1 Fireplace
  • Dr. Charles R. Drew Elementary School Rated A
  • Rambler Architecture
  • No HOA

About This Home

As of September 2021

Move in ready RANCHER perfectly set on a approximately 2 acres ( lot 1-1.03 AC, lot 18- .95 AC / attached tax bill /different deed) offers amazing opportunity to live in your own private paradise in the highly desired neighborhood of BRANCH FARMS! Excellent location, close to major commuter routes and shopping. This is the perfect place that allows you to feel as though you are vacationing at a country retreat, but so close to many modern conveniences such as shops, banking, restaurants, gas stations and more! Recently upgraded & replaced roof(2013), windows(2013), sidings(2013), COMPRESSOR(2013), kitchen(2013), bathrooms(2013), flooring(2021), appliances(2021), and freshly painted(2021). Sols As-is except septic system & water quality. To prevent the spread of Covid-19: Limit three people (2 clients & 1 agent) to allow for showing and practice social distancing. All showings through "SHOWING TIME" and please remove shoes or use the shoe coverings provided. *** Financial Information Sheet is required****

Last Agent to Sell the Property

Young Kim

(301) 728-5800 youngkim5800@gmail.com Top Pro Realtors Listed on: 06/17/2021

Last Buyer's Agent

Lenita Posin

(301) 704-4686 lenniH17@aol.com HomeSmart License #613163

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,554

Year Built

  • Built in 1950

Lot Details

  • 1.98 Acre Lot
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • 3 Driveway Spaces
  • Side Facing Garage

Home Design

  • Rambler Architecture

Interior Spaces

  • 1,890 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Paint Branch Farms Subdivision

Listing and Financial Details

  • Tax Lot 1,18
  • Assessor Parcel Number 160500303143

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,554

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Total Sq Ft: 1890
  • Living Area Sq Ft: 1890
  • Price Per Sq Ft: 396.77
  • Above Grade Finished Sq Ft: 1890
  • Above Grade Finished Area Units: Square Feet

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
  • Spa: No
  • View: Street, Trees/Woods
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 112300.00
  • Land Assessed Value: 316500.00
  • Lot Features: Cleared
  • Lot Size Acres: 1.98
  • Lot Dimensions: Lot 1 =1.03 Lot 18 =0.95 Total =1.98 Acres
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 86248.80
  • Property Condition: Very Good
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13837942
  • Tax Annual Amount: 5554.00
  • Assessor Parcel Number: 160500303143
  • Tax Lot: 1,18
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 28, 2021
Sold by
Lee Kyu Woon and Lee Mi Ryung
Bought by
Mendez Reina I Diaz
Seller's Agent
Young Kim
Top Pro Realtors
Buyer's Agent
Lenita Posin
HomeSmart
List Price
$749,900
Sold Price
$685,000
Premium/Discount to List
-$64,900
-8.65%
Current Estimated Value
$707,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,434
Avg. Annual Appreciation
0.76%
Original Mortgage
$548,000
Outstanding Balance
$421,106
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$286,328

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jun 10, 2013
Sold by
Mccampbell Martha J
Bought by
Lee Kyu Woon and Lee Mi Ryung
Seller's Agent
Charmaine Prusak
Long & Foster Real Estate, Inc.
Buyer's Agent
Young Kim
Top Pro Realtors
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$320,000
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Mendez Reina I Diaz $685,000 Household Title & Escrow Llc
Lee Kyu Woon $400,000 Amerikor Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Reina I Diaz $548,000
Previous Owner Lee Kyu Woon $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2021 09/28/21 Sold $685,000 -8.7% $362 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $749,900 +87.5% $397 / Sq Ft
06/10/2013 06/10/13 Sold $400,000 -11.1% $212 / Sq Ft View Prior Sale
05/02/2013 05/02/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $450,000 -- $238 / 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 $6,145 $475,467 -- --
2024 $6,145 $452,133 $0 $0
2023 $6,524 $428,800 $316,500 $112,300
2022 $4,874 $428,800 $316,500 $112,300
2021 $4,798 $428,800 $316,500 $112,300
2020 $4,950 $446,800 $316,500 $130,300
2019 $9,726 $442,000 $0 $0
2018 $4,793 $437,200 $0 $0
2017 $4,770 $432,400 $0 $0
2016 -- $420,933 $0 $0
2015 -- $409,467 $0 $0
2014 -- $398,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC761488

Bright MLS

APN: 05-00303143