NOT LISTED FOR SALE

601 Wayne Ave Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $901,000 - $1,161,000

4 Beds
3.5 Baths
3,044 Sq Ft
$351/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $610,000 $200 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,778/month

165 Days on Market

Highlights

  • Traditional Floor Plan
  • Rambler Architecture
  • Main Floor Bedroom
  • Sligo Creek Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2020

Expanded all brick rambler style home with professional home office and fully finished lower level. Eat in kitchen, family and living rooms. Like new kitchen with granite counter tops and back splash. Gleaming hardwood floors in living and dining areas. Main level laundry room with extra storage. Finished lower level with all new laminated flooring, extra bedrooms and full bath. Large shed with electricity. Over sized concrete parking. Freshly painted. Walk to downtown shops, restaurants and metro stop.

Last Agent to Sell the Property

Miguel Ruiz

RE/MAX Realty Services License #SP00098568 Listed on: 06/27/2019

RE/MAX Realty Services

Last Buyer's Agent

Vera Rizk

Weichert, REALTORS License #578711

Weichert, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,893

Year Built

  • Built in 1971

Lot Details

  • 8,881 Sq Ft Lot
  • Corner Lot
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 1.5 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Gas Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Basement Windows

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Gazebo
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Silver Spring Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot P13
  • Assessor Parcel Number 161303483308

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,893

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2019-06-30
  • Year Built: 1971
  • Remarks Public: Expanded all brick rambler style home with professional home office and fully finished lower level. Eat in kitchen, family and living rooms. Like new kitchen with granite counter tops and back splash. Gleaming hardwood floors in living and dining areas. Main level laundry room with extra storage. Finished lower level with all new laminated flooring, extra bedrooms and full bath. Large shed with electricity. Over sized concrete parking. Freshly painted. Walk to downtown shops, restaurants and metro stop.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Gas, Dryer - Front Loading, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading
  • Flooring Type: Hardwood, Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Skylight(s), Store/Office, Wood Floors
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1.5
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Heated, Improved, Interior Access, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 3044
  • Living Area Sq Ft: 3044
  • Price Per Sq Ft: 275.56
  • Above Grade Finished Sq Ft: 2304
  • Below Grade Finished Sq Ft: 740
  • Total Below Grade Sq Ft: 740
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 385.04
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Central, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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: 227500.00
  • Land Assessed Value: 356800.00
  • Land Use Code: 011
  • Lot Features: Cleared, Corner
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8881.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098155
  • Tax Annual Amount: 6893.00
  • Assessor Parcel Number: 161303483308
  • Tax Lot: P13
  • Tax Total Finished Sq Ft: 2304
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jan 30, 2020
Sold by
Ruiz Teresa N and Ruiz Miguel F
Bought by
Yimer Aseged and Alemayehu Helina
Seller's Agent
Miguel Ruiz
RE/MAX Realty Services
Buyer's Agent
Vera Rizk
Weichert, REALTORS
List Price
$739,900
Sold Price
$610,000
Premium/Discount to List
-$129,900
-17.56%
Current Estimated Value
$1,069,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,283
Avg. Annual Appreciation
10.64%
Original Mortgage
$48,800
Outstanding Balance
$43,398
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$1,031,293
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yimer Aseged $610,000 Classic Settlements Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yimer Aseged $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $610,000 -3.9% $200 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/02/2019 12/02/19 Price Changed $634,900 -0.8% $209 / Sq Ft
11/18/2019 11/18/19 Price Changed $639,900 -1.5% $210 / Sq Ft
11/03/2019 11/03/19 Price Changed $649,900 -1.4% $214 / Sq Ft
10/21/2019 10/21/19 Price Changed $659,000 -1.5% $216 / Sq Ft
10/07/2019 10/07/19 Price Changed $669,000 -1.6% $220 / Sq Ft
09/22/2019 09/22/19 Price Changed $679,900 -2.9% $223 / Sq Ft
08/17/2019 08/17/19 Price Changed $699,900 -2.7% $230 / Sq Ft
07/31/2019 07/31/19 Price Changed $719,000 -1.5% $236 / Sq Ft
07/16/2019 07/16/19 Price Changed $729,900 -1.4% $240 / Sq Ft
06/27/2019 06/27/19 For Sale $739,900 -- $243 / 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 $11,558 $956,733 -- --
2024 $11,558 $928,600 $356,800 $571,800
2023 $8,651 $813,833 $0 $0
2022 $7,239 $699,067 $0 $0
2021 $6,128 $584,300 $356,800 $227,500
2020 $6,045 $579,633 $0 $0
2019 $5,272 $574,967 $0 $0
2018 $5,208 $570,300 $356,800 $213,500
2017 $6,461 $570,300 $0 $0
2016 -- $572,967 $0 $0
2015 $5,763 $572,900 $0 $0
2014 $5,763 $569,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Miguel Ruiz

    Seller's Agent in 2020

    Miguel Ruiz

    RE/MAX

    (301) 537-7063

    121 Total Sales

    Miguel Ruiz
    Section Image
  • Vera Rizk

    Buyer's Agent in 2020

    Vera Rizk

    Weichert Corporate

    (301) 461-4306

    32 Total Sales

    Vera Rizk
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC666816

Bright MLS

APN: 13-03483308

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

601 Wayne Ave, Silver Spring, MD

This home is located at 601 Wayne Ave, Silver Spring, MD 20910 since 27 June 2019 and is currently estimated at $1,069,283, approximately $351 per square foot. This property was built in 1971. 601 Wayne Ave is a home located in Montgomery County with nearby schools including Sligo Creek Elementary School, Silver Spring International Middle School, and Northwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes