NOT LISTED FOR SALE

701 Copley Ln Silver Spring, MD 20904

Estimated Value: $748,000 - $817,000

4 Beds
3 Baths
2,445 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $770,000 $315 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,738/month

4 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • Open Floorplan
  • Dr. Charles R. Drew Elementary School Rated A
  • 0.88 Acre Lot
  • Wooded Lot

About This Home

As of July 2023

Must see rare-to-find 2-car garage remodeled rancher on a premium almost 1-acre lot in sought after Colesville location! Endless improvements by the seller include: new roof (2018) w/architectural shingles; new water heater (2014); leaf guard gutters; almost all replaced double pane windows; remodeled kitchen (2021) w/upgraded stainless steel appliances, gas oven/range, built-in microwave, 42" custom cabinets, granite, glass tile backsplash, undermount sink, center island, recessed lighting, pendant lighting, walk-in pantry w/custom built-in shelving; kitchen dining area w/chair rail molding; open family room directly off the kitchen w/gas fireplace (2020) w/stone surround and mantle; bright 3-season sunroom w/new flooring (2022), all new windows (2019) and tall bead board ceiling; main level w/3 bedrooms and 2 full remodeled bathrooms (2019) both w/glass walk-in showers, custom vanities and extensive tile work; primary bedroom w/dressing area, oversized closet and and en suite full bathroom; finished lower level w/expansive room (presently used as gym, but can be a 4th bedroom or rec room) w/new flooring (2019), 3rd full remodeled bathroom (2019) w/walk-in tiled shower and storage/utility room; relax on the rear brick patio and enjoy the outdoor fireplace or hot tub (conveys with the home); oversized 2-car garage w/rear overhead door, ideal for handy types, car enthusiasts or yard equipment; 2 separate outbuildings (one with electricity, water a and new roof (2018)); outdoor water is supplied by old private well (main home is on public water); custom blinds (2016); freshly painted w/designer colors; wood floors and non carpeting surfaces throughout; welcoming tiled foyer and front paver patio; 17kw Generac propane fired generator conveys with the home; 1,000 gallon propane tank (leased - buyer to assume lease) supplies energy for gas fireplace, generator and back-up heat for main home furnace (presently approx. 500 gallons remain and will convey with the home). An amazing location to major commuter routes 200, 29, I-495, BWI, Ft. Meade, NSA, downtown Silver Spring and DC!

Last Agent to Sell the Property

Brian Pakulla

(410) 340-8666 brianpakulla@yahoo.com Red Cedar Real Estate, LLC License #521063 Listed on: 06/01/2023

Last Buyer's Agent

Nicola Taylor

(301) 792-9276 nicolataylorhomes@gmail.com TTR Sotheby's International Realty License #624263

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,302

Year Built

  • Built in 1955

Lot Details

  • 0.88 Acre Lot
  • Landscaped
  • Extensive Hardscape
  • Wooded Lot
  • Property is in excellent condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Window Treatments
  • Window Screens
  • French Doors
  • Atrium Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Dining Area
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Instant Hot Water

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Front Loading Dryer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Dr. Charles R. Drew Elementary School
  • Francis Scott Key Middle School
  • Northeast Area High School

Utilities

  • Central Air
  • Humidifier
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Power Generator
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Appliances

Community Details

  • No Home Owners Association
  • Paint Branch Farms Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160500303108

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,302

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-06-01
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Icemaker, Built-In Microwave, Dryer - Front Loading, Energy Efficient Appliances, Exhaust Fan, Humidifier, Oven/Range - Gas, Instant Hot Water, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Laminate Plank
  • Interior Amenities: Breakfast Area, Attic, Ceiling Fan(s), Chair Railings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Window Treatments, Upgraded Countertops
  • Window Features: Double Pane, Replacement, Screens
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s), Stone, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm, Atrium, French, Six Panel
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Windows, Walkout Level
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 2889
  • Living Area Sq Ft: 2445
  • Price Per Sq Ft: 401.09
  • Above Grade Finished Sq Ft: 1745
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 444
  • Total Below Grade Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Shed Shop
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Outbuilding(s), Hot Tub
  • Roof: Asphalt
  • View: Garden/Lawn, 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 Door Opener, Garage - Rear Entry, Garage - Front Entry, Additional Storage Area, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Generator
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s), Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: 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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DR. CHARLES R. DREW
  • High School: NORTHEAST AREA
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Lot Features: Landscaping, Trees/Wooded
  • Lot Size Acres: 0.88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38332.00
  • Outdoor Living Structures: Patio(s), Porch(es), Enclosed, Screened
  • Property Condition: Excellent
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6302.00
  • Assessor Parcel Number: 160500303108
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 11, 2023
Sold by
Mcguire Grady Wayne
Bought by
Bayih Maraki A
Seller's Agent
Brian Pakulla
Red Cedar Real Estate, LLC
Buyer's Agent
Nicola Taylor
TTR Sotheby's International Realty
List Price
$699,900
Sold Price
$770,000
Premium/Discount to List
$70,100
10.02%
Views
25
Current Estimated Value
$785,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,930
Avg. Annual Appreciation
0.46%
Original Mortgage
$693,000
Outstanding Balance
$676,468
Interest Rate
6.79%
Mortgage Type
Construction
Estimated Equity
$102,337

Purchase Details

Closed on
Aug 21, 2018
Sold by
Mcguire Grady Wayne
Bought by
Mcguire Grady Wayne and Moore Kim

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 14, 2016
Sold by
Bott Lori L
Bought by
Mcguire Grady Wayne
Seller's Agent
Wendy Shapiro
The KW Collective
Buyer's Agent
Tamara Kucik
RLAH @properties
List Price
$559,000
Sold Price
$550,000
Premium/Discount to List
-$9,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$550,000
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2011
Sold by
Bott Lori L
Bought by
Bott Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2007
Sold by
Briggle Lel& W & H M Tr
Bought by
Briggle Pamela

Purchase Details

Closed on
Aug 31, 2007
Sold by
Briggle Lel& W & H M Tr
Bought by
Briggle Pamela
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bayih Maraki A $770,000 Fidelity National Title
Bayih Maraki A $770,000 Fidelity National Title
Mcguire Grady Wayne -- Rgs Title Llc
Mcguire Grady Wayne $550,000 Fidelity Natl Title Ins Co
Bott Lori L $242,000 Church Circle Title & Escrow
Briggle Pamela $255,000 --
Briggle Pamela $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayih Maraki A $693,000
Closed Bayih Maraki A $693,000
Previous Owner Mcguire Grady Wayne $550,000
Previous Owner Bott Lori L $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2023 07/11/23 Sold $770,000 0.0% $315 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/05/2023 06/05/23 Off Market $770,000 -- --
06/01/2023 06/01/23 For Sale $699,900 +27.3% $286 / Sq Ft
06/14/2016 06/14/16 Sold $550,000 -1.6% $364 / Sq Ft View Prior Sale
05/05/2016 05/05/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $559,000 -- $370 / 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 $7,444 $652,267 -- --
2024 $7,444 $582,033 $0 $0
2023 $2,955 $511,800 $310,100 $201,700
2022 $5,610 $511,800 $310,100 $201,700
2021 $5,532 $511,800 $310,100 $201,700
2020 $5,532 $514,800 $310,100 $204,700
2019 $5,197 $487,200 $0 $0
2018 $4,876 $459,600 $0 $0
2017 $4,651 $432,000 $0 $0
2016 -- $420,600 $0 $0
2015 $4,823 $409,200 $0 $0
2014 $4,823 $397,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2095018

Bright MLS

APN: 05-00303108