NOT LISTED FOR SALE

7 Piping Rock Dr Silver Spring, MD 20905

Estimated Value: $890,000 - $1,035,000

4 Beds
4.5 Baths
5,220 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $675,000 $129 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,859/month

44 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Colonial Architecture
  • Stonegate Elementary School Rated A-
  • Dual Staircase
  • Deck

About This Home

As of August 2014

Gorgeous 4BR/4.5BA Colonial in quiet tucked-away neighborhood of Old Salem Villiage in Silver Spring. Open floor plan has built-in bookcases, master suite w/ bath & walk-in closet, 3 fireplaces, hardwood floors, granite counters, ceramic bath tile, fully finished rec room, fenced-in backyard & wood patio. Just minutes to Metro's Red Line, the ICC & downtown Silver Spring

Last Agent to Sell the Property

J.P. Montalvan

(301) 922-3700 jp@ceghomes.com Compass License #SP98358848 Listed on: 05/14/2014

Compass

Last Buyer's Agent

Laura McCaffrey

(301) 641-4456 lauramccaffrey@mac.com Long & Foster Real Estate, Inc. License #601007

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,879

Year Built

  • Built in 2003

Lot Details

  • 0.43 Acre Lot
  • Back Yard Fenced
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 3 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Dining Room
  • Den
  • Library
  • Game Room
  • Sun or Florida Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Shelving
  • Basement Windows

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Old Salem Village Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 160500345683

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,879

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2003
  • Remarks Public: Gorgeous 4BR/4.5BA Colonial in quiet tucked-away neighborhood of Old Salem Villiage in Silver Spring. Open floor plan has built-in bookcases, master suite w/ bath & walk-in closet, 3 fireplaces, hardwood floors, granite counters, ceramic bath tile, fully finished rec room, fenced-in backyard & wood patio. Just minutes to Metro's Red Line, the ICC & downtown Silver Spring
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Extra Refrigerator/Freezer, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Refrigerator, Washer - Front Loading
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Kitchen - Island, Family Room Off Kitchen, Breakfast Area, Built-Ins, Chair Railings, Crown Moldings, Double/Dual Staircase, Window Treatments, Upgraded Countertops, Primary Bath(s), Wet/Dry Bar, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Game Room, Library, Foyer, Breakfast Room, Study, Sun/Florida Room, Exercise Room, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished, Full, Shelving, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 5220
  • Living Area Sq Ft: 5220
  • Price Per Sq Ft: 184.14
  • Above Grade Finished Sq Ft: 3720
  • Below Grade Finished Sq Ft: 1500
  • Total Below Grade Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape
  • 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: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear
  • Lot Size Acres: 0.43
  • Lot Size Area: 18895
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18895.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7878.81
  • Assessor Parcel Number: 160500345683
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 3713
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 08/29/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 29, 2014
Sold by
Davis Jeffrey B and Beard Jane
Bought by
Ospina Karen Amy and Ospina Bryant
Seller's Agent
J.P. Montalvan
Compass
Buyer's Agent
Laura McCaffrey
Long & Foster Real Estate, Inc.
List Price
$685,000
Sold Price
$675,000
Premium/Discount to List
-$10,000
-1.46%
Current Estimated Value
$968,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,307
Avg. Annual Appreciation
3.30%
Original Mortgage
$689,512
Outstanding Balance
$527,476
Interest Rate
4.12%
Mortgage Type
VA
Estimated Equity
$440,831

Purchase Details

Closed on
May 29, 2003
Sold by
Seneca Springs L L C
Bought by
Davis Jeffrey B and Davis Jane Beard
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
Ospina Karen Amy $675,000 First American Title Ins Co
Davis Jeffrey B $593,675 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ospina Karen Amy $689,512
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $675,000 -1.5% $129 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $685,000 +1.5% $131 / Sq Ft
05/14/2014 05/14/14 Off Market $675,000 -- --
05/14/2014 05/14/14 For Sale $685,000 -- $131 / 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 $8,696 $752,267 -- --
2024 $8,696 $690,733 $0 $0
2023 $7,263 $629,200 $264,400 $364,800
2022 $6,905 $629,200 $264,400 $364,800
2021 $6,814 $629,200 $264,400 $364,800
2020 $6,814 $631,000 $264,400 $366,600
2019 $6,783 $631,000 $264,400 $366,600
2018 $6,769 $631,000 $264,400 $366,600
2017 $6,961 $637,300 $0 $0
2016 -- $637,300 $0 $0
2015 $7,724 $637,300 $0 $0
2014 $7,724 $662,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002997648

Bright MLS

APN: 05-00345683