NOT LISTED FOR SALE

703 S Belgrade Rd Silver Spring, MD 20902

Estimated Value: $542,000 - $608,000

5 Beds
3 Baths
1,182 Sq Ft
$493/Sq Ft Est. Value

Last Sold May 02, 2012

Last sale price $258,000 $218 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,663/month

200 Days on Market

Highlights

  • Second Kitchen
  • Forced Air Heating and Cooling System
  • Walk-Up Access
  • 1 Fireplace
  • Combination Kitchen and Dining Room

About This Home

As of May 2012

VERY SPACIOUS AND NEWLY PAINTED, HARDWOOD FLOOR THRU UPPER LEVEL, KITCHEN ON BOTH LEVELS, TWO ENTRANCES ON BOTH ENDS OF LOWER LEVEL. WELL MAINTAINED SPLIT FOYER IN KEMP MILL ESTATES.

Last Agent to Sell the Property

Phillip Yu

Nitro Realty Listed on: 04/12/2011

Nitro Realty

Last Buyer's Agent

David Hu

Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,640

Year Built

  • 1958

Lot Details

  • 7,633 Sq Ft Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Second Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Side Exterior Basement Entry

Utilities

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

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 161301332994

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,640

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Interior Amenities: 2nd Kitchen, Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Fully Finished, Walkout Level, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Refuse: 372.76
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 140680.00
  • Land Assessed Value: 270070.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7633
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7633.00
  • Year Assessed: 2010
  • Zoning: R60

Tax Info

  • Assessor Parcel Number: 14035757
  • Tax Annual Amount: 4640.16
  • Assessor Parcel Number: 161301332994
  • Tax Lot: 22
  • Tax Total Finished Sq Ft: 1182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2011
Closed on
May 2, 2012
Sold by
Lee Jae Chun
Bought by
Li Chu Wan and Wu Xin Nu
Seller's Agent
Phillip Yu
Nitro Realty
Buyer's Agent
David Hu
Samson Properties
List Price
$349,900
Sold Price
$258,000
Premium/Discount to List
-$91,900
-26.26%
Current Estimated Value
$583,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,199
Avg. Annual Appreciation
6.69%
Original Mortgage
$206,400
Outstanding Balance
$146,246
Interest Rate
4.01%
Mortgage Type
Stand Alone Second
Estimated Equity
$463,379

Purchase Details

Closed on
Feb 6, 2007
Sold by
Kim Seon Y
Bought by
Lee Jae Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2007
Sold by
Kim Seon Y
Bought by
Lee Jae Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1999
Sold by
Lee Seung K
Bought by
Kim Seon Y
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
Li Chu Wan $258,000 Landmark Title Services Inc
Lee Jae Chun $400,000 --
Lee Jae Chun $400,000 --
Kim Seon Y $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Chu Wan $206,400
Previous Owner Lee Jae Chun $320,000
Previous Owner Lee Jae Chun $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2012 05/02/12 Sold $258,000 +1.2% $218 / Sq Ft
10/29/2011 10/29/11 Pending -- -- --
10/27/2011 10/27/11 Price Changed $255,000 -27.1% $216 / Sq Ft
04/12/2011 04/12/11 For Sale $349,900 -- $296 / 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 $5,639 $426,333 $0 $0
2023 $4,602 $398,467 $0 $0
2022 $4,051 $370,600 $216,000 $154,600
2021 $1,528 $365,900 $0 $0
2020 $1,528 $361,200 $0 $0
2019 $3,760 $356,500 $169,700 $186,800
2018 $3,723 $355,333 $0 $0
2017 $3,769 $354,167 $0 $0
2016 $2,947 $353,000 $0 $0
2015 $2,947 $334,800 $0 $0
2014 $2,947 $316,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phillip Yu

    Seller's Agent in 2012

    Phillip Yu

    Nitro Realty

    (301) 814-3583

    10 Total Sales

    Section Image
  • David Hu

    Buyer's Agent in 2012

    David Hu

    Samson Properties

    (703) 622-1152

    72 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004383820

Bright MLS

APN: 13-01332994

Maryland Montgomery County Silver Spring 20902

703 S Belgrade Rd, Silver Spring, MD

This home is located at 703 S Belgrade Rd, Silver Spring, MD 20902 since 12 April 2011 and is currently estimated at $583,199, approximately $493 per square foot. This property was built in 1958. 703 S Belgrade Rd is a home located in Montgomery County with nearby schools including Kemp Mill Elementary, Odessa Shannon Middle School, and Northwood High School.

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