NOT LISTED FOR SALE

701 Kerwin Rd Silver Spring, MD 20901

Estimated Value: $457,000 - $530,000

2 Beds
1 Bath
988 Sq Ft
$485/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $395,000 $400 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,061/month

5 Days on Market

About This Home

As of March 2022

Multiple offers received, highest and best offers due 12 pm 2/14. Seller will make a decision shortly after.

Incredible opportunity to own in Silver Spring. Located in the highly desirable McDonald Knolls subdivision of Downtown Silver Spring. Clean, well cared 2 bedrooms and 1 full bath home, quiet street located close to public transportation, metro, and short drive to downtown Silver Spring. Spacious sun room, fireplace. Over 81k in work and improvements done since purchase including HVAC replacement, electrical, and radon mitigation. Sligo Creek Park access is right down the street, with miles of trails, playgrounds and more. Shopping and restaurants are nearby in Four Corners, Wheaton, and downtown Silver Spring. Holy Cross Hospital is a mile away. Great location for commuting. This is a home you won't want to miss! Being sold as is, seller will make no repairs.

Last Agent to Sell the Property

Gregory Osborn

Long & Foster Real Estate, Inc. Listed on: 02/09/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Merlin Rodriguez

Long & Foster Real Estate, Inc. License #517774

Long & Foster Real Estate, Inc.

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,941

Year Built

1953

Lot Details

0

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: Main
  • Expected On Market: 2022-02-10
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Remarks Public: Multiple offers received, highest and best offers due 12 pm 2/14. Seller will make a decision shortly after. Incredible opportunity to own in Silver Spring. Located in the highly desirable McDonald Knolls subdivision of Downtown Silver Spring. Clean, well cared 2 bedrooms and 1 full bath home, quiet street located close to public transportation, metro, and short drive to downtown Silver Spring. Spacious sun room, fireplace. Over 81k in work and improvements done since purchase including HVAC replacement, electrical, and radon mitigation. Sligo Creek Park access is right down the street, with miles of trails, playgrounds and more. Shopping and restaurants are nearby in Four Corners, Wheaton, and downtown Silver Spring. Holy Cross Hospital is a mile away. Great location for commuting. This is a home you won't want to miss! Being sold as is, seller will make no repairs.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Disposal, Dryer, Exhaust Fan, Oven - Wall, Refrigerator, Washer - Front Loading
  • Interior Amenities: Kitchen - Galley, Combination Dining/Living, Entry Level Bedroom
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 988
  • Living Area Sq Ft: 988
  • Price Per Sq Ft: 384.62
  • Above Grade Finished Sq Ft: 988
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 372.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 63300.00
  • Land Assessed Value: 198700.00
  • Lot Features: Corner
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7176.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2012
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3249.19
  • Assessor Parcel Number: 161301360445
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 03/22/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 22, 2022
Sold by
Amy Temple
Bought by
Gairaud Isabel M De Prado and Benitez Jose Manuel
Seller's Agent
Gregory Osborn
Long & Foster Real Estate, Inc.
Buyer's Agent
Merlin Rodriguez
Long & Foster Real Estate, Inc.
List Price
$380,000
Sold Price
$395,000
Premium/Discount to List
$15,000
3.95%
Current Estimated Value
$479,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,537
Avg. Annual Appreciation
6.03%
Original Mortgage
$280,000
Outstanding Balance
$234,762
Interest Rate
3.39%
Mortgage Type
Balloon
Estimated Equity
$244,775

Purchase Details

Closed on
Nov 16, 2021
Sold by
Amy Temple
Bought by
Temple Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2012
Closed on
Oct 2, 2012
Sold by
Mccloughan Bartlett Terry and Bartlett Bernice C
Bought by
Sterling Custom Homes Llc
Seller's Agent
Amy Donley
Long & Foster Real Estate, Inc.
Buyer's Agent
Brook Hellie
RE/MAX Realty Centre, Inc.
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$216,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2012
Closed on
Aug 7, 2012
Sold by
Ritchey Thomas W and Estate Of Bernice C Bartlett
Bought by
Wright Amy T
Seller's Agent
Amy Donley
Long & Foster Real Estate, Inc.
Buyer's Agent
Brook Hellie
RE/MAX Realty Centre, Inc.
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Gairaud Isabel M De Prado $395,000 Old Republic National Title
Temple Amy -- Moskowitz Daniel
Sterling Custom Homes Llc $96,500 Chicago Title Insurance Co
Wright Amy T $270,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gairaud Isabel M De Prado $280,000
Previous Owner Temple Amy $149,000
Previous Owner Wright Amy T $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $395,000 +3.9% $400 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $380,000 +40.7% $385 / Sq Ft
08/07/2012 08/07/12 Sold $270,000 -3.6% $273 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $280,000 -- $283 / 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
2024 $4,941 $365,733 $0 $0
2023 $4,710 $347,767 $0 $0
2022 $4,293 $329,800 $213,300 $116,500
2021 $3,458 $322,767 $0 $0
2020 $3,345 $315,733 $0 $0
2019 $3,233 $308,700 $198,600 $110,100
2018 $3,100 $298,967 $0 $0
2017 $2,991 $289,233 $0 $0
2016 -- $279,500 $0 $0
2015 $2,557 $273,667 $0 $0
2014 $2,557 $267,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2033058

Bright MLS

APN: 13-01360445