NOT LISTED FOR SALE

602 Ray Dr Silver Spring, MD 20910

Estimated Value: $771,000 - $885,000

4 Beds
3 Baths
1,218 Sq Ft
$670/Sq Ft Est. Value

Last Sold January 19, 2016

Last sale price $495,000 $406 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,216/month

40 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Kitchen Island
  • Takoma Park Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

Charming rambler in popular Takoma Park. Home has been completely renovated and features include: Hwd floor thru first floor, gourmet kitchen w/ granite and high end Samsung appliances, three beautifully refurbished full bathrooms, finished basement w/ large bedroom, laundry area and rec. room, nice large backyard w/ huge utility shed.

Last Agent to Sell the Property

Jane Ho

(301) 806-8989 jho@jhavenrealtyinc.com Haven Realty Listed on: 11/04/2015

Last Buyer's Agent

Dan Metcalf

(301) 830-1221 dan@finnfamilygroup.com Perennial Real Estate License #515828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,391

Year Built

  • Built in 1960

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Basement with some natural light

Utilities

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

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161301059988

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,391

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Island
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Partial
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 106900.00
  • Land Assessed Value: 327800.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Property Attached Yn: No
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14009928
  • Tax Annual Amount: 7391.03
  • Assessor Parcel Number: 161301059988
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 19, 2016
Sold by
Tao An Investment Inc
Bought by
Zogby Joy E Gerdy and Zogby Matthew T
Seller's Agent
Jane Ho
Haven Realty
Buyer's Agent
Dan Metcalf
Perennial Real Estate
List Price
$519,000
Sold Price
$495,000
Premium/Discount to List
-$24,000
-4.62%
Current Estimated Value
$782,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,982
Avg. Annual Appreciation
5.13%
Original Mortgage
$445,500
Outstanding Balance
$354,547
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$461,004

Purchase Details

Closed on
Jun 12, 2015
Sold by
Ballou Matthew L
Bought by
Tao An Investment Inc

Purchase Details

Closed on
Jul 30, 2014
Sold by
Ballou Emerson H
Bought by
Ballou Matthew L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Zogby Joy E Gerdy $495,000 Fatico
Tao An Investment Inc $369,000 Attorney
Ballou Matthew L -- --
Ballou Matthew L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zogby Joy E Gerdy $445,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2016 01/19/16 Sold $495,000 -0.8% $406 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
12/06/2015 12/06/15 Price Changed $499,000 -3.9% $410 / Sq Ft
11/05/2015 11/05/15 For Sale $519,000 +4.8% $426 / Sq Ft
11/04/2015 11/04/15 Off Market $495,000 -- --
11/04/2015 11/04/15 For Sale $519,000 -- $426 / 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 $13,459 $795,500 -- --
2024 $13,459 $782,400 $332,500 $449,900
2023 $11,120 $710,533 $0 $0
2022 $9,693 $638,667 $0 $0
2021 $8,114 $566,800 $332,500 $234,300
2020 $8,114 $528,533 $0 $0
2019 $7,473 $490,267 $0 $0
2018 $6,811 $452,000 $332,500 $119,500
2017 $6,744 $446,233 $0 $0
2016 -- $440,467 $0 $0
2015 $6,454 $434,700 $0 $0
2014 $6,454 $434,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane Ho

    Seller's Agent in 2016

    Jane Ho

    Haven Realty

    (301) 806-8989

    4 Total Sales

    Jane Ho
    Section Image
  • Dan Metcalf

    Buyer's Agent in 2016

    Dan Metcalf

    Perennial Real Estate

    (301) 830-1221

    136 in this area

    225 Total Sales

    Dan Metcalf
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002387423

Bright MLS

APN: 13-01059988

Maryland Montgomery County Silver Spring 20910

602 Ray Dr, Silver Spring, MD

Not Listed for Sale

Detached

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