NOT LISTED FOR SALE

701 Kersey Rd Silver Spring, MD 20902

Estimated Value: $977,000 - $1,082,000

5 Beds
3.5 Baths
3,675 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $920,000 $250 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,243/month

1 Day on Market

Highlights

  • Scenic Views
  • Colonial Architecture
  • Deck
  • 0.45 Acre Lot
  • Maid or Guest Quarters
  • Recreation Room

About This Home

As of July 2021

Stunning Stanley Halle home constructed in 1987, set on one of the largest lots in Tallwood Glen. Last home on the block on nearly ½ an acre of land that goes into the woods. Suburban lifestyle in amazing subdivision. Easy access to multiple parts of Kemp Mill. Including the basement, 4000 plus square feet in this magnificent home. Home flooded with natural light -Pella Windows. 2 story entry foyer. Updated kitchen. Lots of cabinet and counter space, 2 dishwashers, custom pantry and peninsula provides lots of storage and prepping space. The Anderson Sliders lead you to two-tiered deck with pergola. To the left of the kitchen is a family room/sitting area with fireplace, built in shelving. Awesome entertaining space: Dining room opens up to living room with custom wood floors. Office with custom built ins, closet makes a modest sized bedroom. Powder room and laundry area are in hall leading to the 2- garage. Plenty of main level storage provided with the standard coat closet in the hall near the garage and the custom handcrafted closet by the entry foyer. All 4 upstairs bedrooms have substantial closet space and ceiling fans. Renovated hall bath. Massive primary bedroom flooded with natural light. Huge walk-in closet with double hungs. Unbelievable primary bathroom features 2 vanities, a soaking tub and shower, a wood coated custom closet and a towel warmer.
Full size walkout basement: custom homework/office space; recreation area; multiple storage areas; 2 guest rooms with windows and closets; full bath. The 2-car garage has extra storage space in the back.
Please note that floor plans and measurements are only estimates in terms of dimensions and are made for representation purposes only. The square footage calculations are approximate, as measurements are typically taken from the inside of walls and are rounded to the nearest foot. Neighborhood amenities include full-service shopping center that is less than ¾ miles to Kemp Mill Shopping Center; 2 community pools; several parks, Houses of Worship. Near Brookside Gardens, Costco, lots of dining. Great commuter home with easy access to other areas in MD ,to Washington, DC and Virginia: near Red Line Wheaton Metro - serviced by public bus, Route 29, 495, ICC. Show by appointment only. Provide copy of buyer’s current loan letter/proof of funds with your showing requests. Don’t touch the front door bottom lock. No showings after 5 p.m. on Fridays and no showings on Saturdays. Text messages, whatsapp, phone calls and emails from Fridays at 5 p.m. through and including Saturday are likely not to be responded to before Sunday morning. Seller may need rentback.

Last Agent to Sell the Property

Adam Bashein

(301) 943-4370 adambashein@mris.com RE/MAX Realty Group License #618209 Listed on: 06/22/2021

RE/MAX Realty Group

Last Buyer's Agent

Barbara Ciment

(301) 346-9126 barbara@ciment.com Perennial Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 1987

Lot Details

  • 0.45 Acre Lot
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned R90

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 4 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Scenic Vista Views
  • Laundry Room

Bedrooms and Bathrooms

  • Maid or Guest Quarters

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Side Basement Entry
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Outdoor Features

  • Deck
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 161302540995

Community Details

Overview

  • No Home Owners Association
  • Built by Halle
  • Kemp Mill Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,100

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Maid/Guest Quarters, Recreation Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Partial, Full, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Sump Pump, Space For Rooms, Walkout Stairs, Windows, Connecting Stairway
  • Total Sq Ft: 4128
  • Living Area Sq Ft: 3675
  • Price Per Sq Ft: 311.15
  • Above Grade Finished Sq Ft: 2825
  • Below Grade Finished Sq Ft: 850
  • Below Grade Sq Ft: 453
  • Total Below Grade Sq Ft: 1303
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Play Area
  • Roof: Shingle
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Covered Parking, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 498700.00
  • Land Assessed Value: 196700.00
  • Lot Size Acres: 0.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19399.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: R90
  • In City Limits: No

Building Info

  • Builder Name: Halle

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14061347
  • Tax Annual Amount: 7100.00
  • Assessor Parcel Number: 161302540995
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 21, 2021
Sold by
Duman Elizabeth A and Kagan Elizabeth Anne
Bought by
Toys Aaron Jay and Toys Nicole
Seller's Agent
Adam Bashein
RE/MAX Realty Group
Buyer's Agent
Barbara Ciment
Perennial Real Estate
List Price
$879,000
Sold Price
$920,000
Premium/Discount to List
$41,000
4.66%
Current Estimated Value
$1,035,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,052
Avg. Annual Appreciation
2.68%
Original Mortgage
$520,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2000
Sold by
Kolker Robert P and Kolker S L
Bought by
Duman Kaniel J and Duman A E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toys Aaron Jay $920,000 Certified Title Corporation
Toys Aaron Jay $920,000 Certified Title Corporation
Duman Kaniel J $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toys Aaron Jay $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $920,000 +4.7% $250 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $879,000 -- $239 / 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 $10,036 $864,700 $197,500 $667,200
2024 $10,036 $808,267 $0 $0
2023 $10,058 $751,833 $0 $0
2022 $7,635 $695,400 $196,700 $498,700
2021 $7,204 $662,500 $0 $0
2020 $4,808 $629,600 $0 $0
2019 $6,408 $596,700 $196,700 $400,000
2018 $6,354 $593,533 $0 $0
2017 $6,530 $590,367 $0 $0
2016 -- $587,200 $0 $0
2015 $6,187 $587,200 $0 $0
2014 $6,187 $587,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2000708

Bright MLS

APN: 13-02540995