NOT LISTED FOR SALE

703 Hollywood Ave Silver Spring, MD 20904

Estimated Value: $423,035 - $471,000

3 Beds
2 Baths
1,044 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $230,000 $220 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,692/month

97 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • 2 Fireplaces
  • Springbrook High School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of October 2013

FABULOUS OPPORTUNITY! SINGLE FAMILY HOME UNDER 300K...IN A TERRIFIC LOCATION. EASY ACCESS TO DOWNTOWN DC AND CONVENIENT TO LOCAL SHOPPING AND PUBLIC TRANSPORTATION. CHARMING HOME WITH 3 BEDROOMS, 2 FULL BATHS, 2 FIREPLACES, EAT-IN KITCHEN, PARKING FOR 4+ CARS AND A HUGE LOT! UNIQUE PROPERTY AND BOASTS CHARACTER. EASY TO SHOW. CALL HELPFUL AGENT WITH ANY QUESTIONS. SOLD "AS-IS".

Last Agent to Sell the Property

Colleen Corbey

(301) 706-0509 ccorbeymris@gmail.com Weichert, REALTORS Listed on: 05/12/2013

Weichert, REALTORS

Last Buyer's Agent

Francis DeSouza

(301) 908-9627 realtor.fdesouza@gmail.com Long & Foster Real Estate, Inc. License #594488

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,235

Year Built

  • Built in 1927

Lot Details

  • 0.26 Acre Lot
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 2 Fireplaces
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry
  • Workshop

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 160500289520

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,235

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Laundry, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Side Entrance, Full, Improved, Partially Finished, Workshop
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Construction Completed: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 279.76
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 47000.00
  • Land Assessed Value: 209700.00
  • Lot Size Acres: 0.26
  • Lot Size Area: 11374
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11374.00
  • Property Condition: Very Good
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13909488
  • Tax Annual Amount: 3234.56
  • Assessor Parcel Number: 160500289520
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2013
Closed on
Oct 1, 2013
Sold by
Vargas Jose E and Vargas Ramon Vargas
Bought by
Sanluis Obdulia Lopez
Seller's Agent
Colleen Corbey
Weichert, REALTORS
Buyer's Agent
Francis DeSouza
Long & Foster Real Estate, Inc.
List Price
$260,000
Sold Price
$230,000
Premium/Discount to List
-$30,000
-11.54%
Current Estimated Value
$445,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,009
Avg. Annual Appreciation
5.53%
Original Mortgage
$222,323
Outstanding Balance
$164,561
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$280,448

Purchase Details

Closed on
Jan 7, 2013
Sold by
Zeckhausen Maria and Estate Of Lena Bessette Vargas
Bought by
Vargas Jose E and Vargas Ramon Vargas

Purchase Details

Closed on
Aug 31, 2001
Sold by
Amos Mildred V
Bought by
Vargas Jose E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanluis Obdulia Lopez $230,000 First American Title Ins Co
Vargas Jose E -- None Available
Vargas Jose E $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanluis Obdulia Lopez $222,323
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2013 10/01/13 Sold $230,000 -11.5% $220 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
07/09/2013 07/09/13 Price Changed $260,000 0.0% $249 / Sq Ft
07/09/2013 07/09/13 For Sale $260,000 -13.3% $249 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
05/12/2013 05/12/13 For Sale $299,900 -- $287 / 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 $4,407 $349,333 -- --
2024 $4,407 $330,067 $0 $0
2023 $3,468 $310,800 $227,800 $83,000
2022 $3,272 $310,800 $227,800 $83,000
2021 $3,379 $310,800 $227,800 $83,000
2020 $3,379 $329,400 $227,800 $101,600
2019 $3,191 $314,733 $0 $0
2018 $3,009 $300,067 $0 $0
2017 $2,898 $285,400 $0 $0
2016 -- $275,833 $0 $0
2015 $3,826 $266,267 $0 $0
2014 $3,826 $256,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003509966

Bright MLS

APN: 05-00289520