NOT LISTED FOR SALE

702 Chichester Ln Silver Spring, MD 20904

Estimated Value: $579,000 - $635,000

3 Beds
2.5 Baths
2,434 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $570,000 $234 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,609/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 1 Attached Carport Space
  • Springbrook High School Rated A-
  • No HOA
  • 5-minute walk to Cannon Road Local Park

About This Home

As of October 2024

3BR/2.5BA home in Woodland Terrace. New roof being installed in September. 2nd level expanded to create larger sized bedrooms. Primary bedroom with huge bathroom/tub/and closets. Professionally landscaped level yard with wood deck and gas hook up for grill. Fantastic opportunity for sweat equity inside. Great location/Close distance to shopping and schools.

Last Agent to Sell the Property

Robert Smith

(410) 241-3883 MDreal8tor@aol.com Cummings & Co. Realtors License #522606 Listed on: 08/27/2024

Last Buyer's Agent

Eduardo Martinez Daboud

(301) 237-0105 eduardo89realtor@gmail.com Homeview Real Estate License #679937

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1970

Lot Details

  • 8,675 Sq Ft Lot
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Woodlawn Terrace Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 160500384753

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,027

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-08-28
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2822
  • Living Area Sq Ft: 2434
  • Price Per Sq Ft: 246.15
  • Above Grade Finished Sq Ft: 2234
  • Below Grade Finished Sq Ft: 200
  • Below Grade Sq Ft: 388
  • Total Below Grade Sq Ft: 588
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8675.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5027.00
  • Assessor Parcel Number: 160500384753
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 21, 2024
Sold by
Chachkin Joel Arthur and Chatkin Dean Kenneth
Bought by
Tule River Homebuyer Earned Equity Agency
Seller's Agent
Robert Smith
Cummings & Co. Realtors
Buyer's Agent
Eduardo Martinez Daboud
Homeview Real Estate
List Price
$549,900
Sold Price
$570,000
Premium/Discount to List
$20,100
3.66%
Views
117
Current Estimated Value
$597,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,900
Avg. Annual Appreciation
4.32%
Original Mortgage
$559,675
Interest Rate
6.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tule River Homebuyer Earned Equity Agency $570,000 Title One
Tule River Homebuyer Earned Equity Agency $570,000 Title One
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tule River Homebuyer Earned Equity Agency $5,700
Closed Tule River Homebuyer Earned Equity Agency $5,700
Previous Owner Tule River Homebuyer Earned Equity Agency $559,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $570,000 +3.7% $234 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $549,900 -- $226 / 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 $5,691 $497,200 -- --
2024 $5,691 $441,600 $0 $0
2023 $4,335 $386,000 $216,600 $169,400
2022 $2,532 $383,067 $0 $0
2021 $2,067 $380,133 $0 $0
2020 $2,067 $377,200 $216,600 $160,600
2019 $2,900 $364,667 $0 $0
2018 $2,336 $352,133 $0 $0
2017 $1,966 $339,600 $0 $0
2016 -- $327,267 $0 $0
2015 $3,476 $314,933 $0 $0
2014 $3,476 $302,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Smith

    Cummings & Co. Realtors

    (410) 241-3883

    1 in this area

    30 Total Sales

    Robert Smith
    Section Image
  • Eduardo Martinez Daboud

    Buyer's Agent in 2024

    Eduardo Martinez Daboud

    Homeview Real Estate

    (301) 237-0105

    1 in this area

    254 Total Sales

    Eduardo Martinez Daboud
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2143990

Bright MLS

APN: 05-00384753

Maryland Montgomery County Silver Spring 20904

702 Chichester Ln, Silver Spring, MD

Not Listed for Sale

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