NOT LISTED FOR SALE

704 E Franklin Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $629,709 - $669,000

4 Beds
2.5 Baths
2,160 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $600,000 $278 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,909/month

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Patio
  • Montgomery Knolls Elementary School Rated A-
  • Eat-In Kitchen
  • Sliding Doors

About This Home

As of May 2023

Welcome to this meticulously maintained 4 level split single-family house with many upgrades: newly renovated kitchen with quartz countertops and 3.5' tall cabinets offering plenty of storage space. This house boasts oak hardwood floors with a fresh coat of paint. Step out back and enjoy the lovely stone patio overlooking a spacious fully fenced and landscaped backyard. Architectural shingle roof, gutters with vinyl soffits and downspouts are all 5 years old. And if that wasn't enough the basement can be used for anything and everything, quite possibly even a gym or other recreational endeavors.

Last Agent to Sell the Property

Marta Granados

(301) 922-8629 marta.granados@longandfoster.com Long & Foster Real Estate, Inc. License #308255 Listed on: 03/17/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Cindy Mayorga

(301) 844-1667 cindy.mayorga@lnf.com Long & Foster Real Estate, Inc. License #603389

Last Buyer's Agent

Mat Segal

(240) 277-1766 mathew.segal@c21nm.com CENTURY 21 New Millennium License #579811

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced and Front Yard
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 4 Levels
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Basement
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Patio
  • Outdoor Storage
  • Outbuilding

Utilities

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

Community Details

  • No Home Owners Association
  • Franklin Knolls Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161301353996

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,376

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Kitchen - Eat-In
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Other
  • Levels Count: 4
  • Basement: Yes
  • Laundry Type: Basement
  • Total Sq Ft: 2808
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 266.20
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 648
  • Total Below Grade Sq Ft: 648
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Exterior Features: Outbuilding(s), Secure Storage
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • 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

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 205400.00
  • Land Assessed Value: 228400.00
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13019.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14037806
  • Tax Annual Amount: 5376.00
  • Assessor Parcel Number: 161301353996
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 9, 2023
Sold by
Tingley Janet M
Bought by
Vinlander Vinai C and Vinlander Marie Anne
Seller's Agent
Marta Granados
Long & Foster Real Estate, Inc.
Buyer's Agent
Mat Segal
CENTURY 21 New Millennium
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Views
116
Current Estimated Value
$655,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,019
Avg. Annual Appreciation
3.16%
Original Mortgage
$570,000
Outstanding Balance
$553,947
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$97,480

Purchase Details

Closed on
Jan 29, 1988
Bought by
Tingley Janet M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vinlander Vinai C $600,000 Bay County Settlements
Tingley Janet M $133,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinlander Vinai C $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Sold $600,000 +4.3% $278 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $575,000 -- $266 / 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 $5,725 $477,833 -- --
2024 $5,725 $433,800 $228,400 $205,400
2023 $4,976 $430,900 $0 $0
2022 $4,684 $428,000 $0 $0
2021 $4,414 $425,100 $228,400 $196,700
2020 $4,414 $412,600 $0 $0
2019 $4,241 $400,100 $0 $0
2018 $4,079 $387,600 $220,900 $166,700
2017 $4,124 $385,667 $0 $0
2016 -- $383,733 $0 $0
2015 $3,696 $381,800 $0 $0
2014 $3,696 $377,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marta Granados

    Seller's Agent in 2023

    Marta Granados

    Long & Foster

    (301) 922-8629

    3 in this area

    75 Total Sales

    Marta Granados
    Section Image
  • Cindy Mayorga

    Seller Co-Listing Agent in 2023

    Cindy Mayorga

    Long & Foster

    (301) 844-1667

    1 in this area

    22 Total Sales

    Cindy Mayorga
    Section Image
  • Mat Segal

    Buyer's Agent in 2023

    Mat Segal

    Century 21 New Millennium

    (240) 277-1766

    1 in this area

    90 Total Sales

    Mat Segal
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2085904

Bright MLS

APN: 13-01353996

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

704 E Franklin Ave, Silver Spring, MD

Not Listed for Sale

Detached

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