NOT LISTED FOR SALE

701 Hobbs Dr Silver Spring, MD 20904

Estimated Value: $686,000 - $1,030,000

3 Beds
2.5 Baths
3,617 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $599,900 $166 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,137/month

Highlights

  • Parking available for a boat
  • 0.88 Acre Lot
  • Rambler Architecture
  • Dr. Charles R. Drew Elementary School Rated A
  • Traditional Floor Plan
  • 1-minute walk to Colesville Local Park

About This Home

As of September 2022

Final clean up in process... please excuse the clutter. Pics of the inside to be posted soon.Large 4 sided brick rambler with newer roof and original hardwoods throughout. Level flag lot of .88 acres in a rural setting but just minutes from businesses gives plenty of options for addition up or out, play area, garden, (no HOA) etc.... 3 car garage with remote openers, floored storage above, garage door on back to access back yard. Large driveway with lots of off street parking not to mention on street parking. Huge covered front porch overlooking ample front yard for enjoying an evening beverage on this quiet no thru street. The backyard boasts a concrete patio occasionally watching wildlife roam. Dishwasher and refrigerator are less than 2 years old. The basement is partially finished but ready for the new owner to customize to their liking...(extra bedrooms, large rec room, office space, pool table/ game room or in law suite with separate entrance. Near ICC connector, (less than 1 mile). Top of street, one right turn and you can be on the ICC and in Gaithersburg or Laurel in minutes. South on 650 takes you to the Capital Beltway (less than 5.5 miles). Close to lots of shopping and restaurants. Ball fields, rec center, tennis courts and play ground less than 1/10 miles. City water and sewer.

Last Agent to Sell the Property

William Williams

(301) 466-4882 billydee57williams@aol.com HomeSmart License #521266 Listed on: 06/16/2022

HomeSmart

Last Buyer's Agent

Hector Romero

(202) 256-1110 hromerorealtyservices@gmail.com Smart Realty, LLC License #588349

Smart Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,788

Year Built

  • Built in 1959

Lot Details

  • 0.88 Acre Lot
  • Wood Fence
  • No Through Street
  • Level Lot
  • Flag Lot
  • Backs to Trees or Woods
  • Back Yard Fenced, Front and Side Yard
  • Property is in average condition
  • Property is zoned RE1

Parking

  • 3 Car Attached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking available for a boat

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Slab Foundation
  • Plaster Walls
  • Fiberglass Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Attic Fan
  • Eat-In Galley Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Exterior Basement Entry
  • Workshop
  • Laundry in Basement
  • Basement Windows

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Colesville Estates Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 160500311165

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,788

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: All movable items in the garage
  • Inclusions: See attached list of inclusions
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2022-06-24
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Remarks Public: Final clean up in process... please excuse the clutter. Pics of the inside to be posted soon.Large 4 sided brick rambler with newer roof and original hardwoods throughout. Level flag lot of .88 acres in a rural setting but just minutes from businesses gives plenty of options for addition up or out, play area, garden, (no HOA) etc.... 3 car garage with remote openers, floored storage above, garage door on back to access back yard. Large driveway with lots of off street parking not to mention on street parking. Huge covered front porch overlooking ample front yard for enjoying an evening beverage on this quiet no thru street. The backyard boasts a concrete patio occasionally watching wildlife roam. Dishwasher and refrigerator are less than 2 years old. The basement is partially finished but ready for the new owner to customize to their liking...(extra bedrooms, large rec room, office space, pool table/ game room or in law suite with separate entrance. Near ICC connector, (less than 1 mile). Top of street, one right turn and you can be on the ICC and in Gaithersburg or Laurel in minutes. South on 650 takes you to the Capital Beltway (less than 5.5 miles). Close to lots of shopping and restaurants. Ball fields, rec center, tennis courts and play ground less than 1/10 miles. City water and sewer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Attic/House Fan, Carpet, Ceiling Fan(s), Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Galley, Recessed Lighting, Wood Floors
  • Window Features: Double Pane, Insulated
  • Other Equipment: Negotiable
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm, Sliding Glass
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Foundation Details: Permanent, Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Daylight, Partial, Outside Entrance, Partially Finished, Walkout Stairs, Windows, Workshop
  • Basement Footprint Percent: 80.00
  • Laundry Type: Basement
  • Total Sq Ft: 3617
  • Living Area Sq Ft: 3617
  • Price Per Sq Ft: 297.42
  • Above Grade Finished Sq Ft: 2017
  • Below Grade Finished Sq Ft: 1600
  • Total Below Grade Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Boat Storage, Gutter System, Satellite Dish, Street Lights
  • Roof: Fiberglass
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Covered Parking, Garage - Rear Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water, Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: DR. CHARLES R. DREW
  • Middle School: FRANCIS SCOTT KEY
  • High School: SPRINGBROOK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: DR. CHARLES R. DREW
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Partially, Rear, Wood
  • Improvement Assessed Value: 156500.00
  • Land Assessed Value: 309900.00
  • Land Use Code: R
  • Lot Features: Backs To Trees, Flag, Front Yard, Level, No Thru Street, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38156.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13838493
  • Tax Annual Amount: 5788.00
  • Assessor Parcel Number: 160500311165
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 2017
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 09/01/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Sep 1, 2022
Sold by
Williams Nettie M
Bought by
Diaz Nery O Suchite and Amaya Blanca M
Seller's Agent
William Williams
HomeSmart
Buyer's Agent
Hector Romero
Smart Realty, LLC
List Price
$599,900
Sold Price
$599,900
Current Estimated Value
$859,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,113
Avg. Annual Appreciation
12.24%
Original Mortgage
$569,905
Outstanding Balance
$543,323
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$315,690
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
Diaz Nery O Suchite $599,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Nery O Suchite $569,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $599,900 0.0% $166 / Sq Ft
07/14/2022 07/14/22 Off Market $599,900 -- --
07/12/2022 07/12/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $599,900 0.0% $166 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/04/2022 07/04/22 Off Market $599,900 -- --
06/30/2022 06/30/22 Price Changed $599,900 -4.8% $166 / Sq Ft
06/27/2022 06/27/22 Price Changed $629,900 -3.1% $174 / Sq Ft
06/16/2022 06/16/22 For Sale $649,900 -- $180 / 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 $6,988 $1,058,067 -- --
2024 $6,988 $536,500 $0 $0
2023 $6,834 $466,400 $309,900 $156,500
2022 $4,382 $466,400 $309,900 $156,500
2021 $8,620 $466,400 $309,900 $156,500
2020 $8,857 $521,800 $309,900 $211,900
2019 $4,428 $487,867 $0 $0
2018 $5,015 $453,933 $0 $0
2017 $4,550 $420,000 $0 $0
2016 -- $411,167 $0 $0
2015 $4,522 $402,333 $0 $0
2014 $4,522 $393,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2056042

Bright MLS

APN: 05-00311165