NOT LISTED FOR SALE

704 E Franklin Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $630,000 - $728,641

4 Beds
2.5 Baths
2,160 Sq Ft
$312/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2023

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

Est. 12% increase in value since last sale

Current estimated payment $4,169 / mo

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) 388-2600 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) 388-2600 cindy.mayorga@lnf.com Long & Foster Real Estate, Inc. License #603389

Last Buyer's Agent

Mat Segal

(301) 519-8100 jeff.wheatley@c21nm.com CENTURY 21 New Millennium License #579811

CENTURY 21 New Millennium

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 1962

Lot Details

  • 13,019 Sq Ft 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
  • Heating System Uses Natural Gas
  • 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

0.3 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 9, 2023
Sold by
Bought by
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
$674,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,660
Avg. Annual Appreciation
3.63%
Original Mortgage
$570,000
Outstanding Balance
$547,618
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$127,042

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Spring Park, MD

  • Paul Marston Real Estate Agent - Long & Foster Real Estate, Inc.

    Paul Marston

    Long & Foster Real Estate, Inc.

    (844) 599-9747

    185 Total Sales

    2 in Silver Spring Park

    $90K - $150K Price Range

    Paul Marston
     Section Image
  • Tony Calkins Real Estate Agent - The Calkins Group

    Tony Calkins

    The Calkins Group

    (240) 770-0595

    29 Total Sales

    2 in Silver Spring Park

    $275K - $325K Price Range

    Tony Calkins
     Section Image
  • Jim Bim Real Estate Agent - Winning Edge

    Jim Bim

    Winning Edge

    (667) 239-8629

    514 Total Sales

    1 in Silver Spring Park

    $635,000 Price

    Jim Bim
     Section Image
  • Saurabh Prakash Real Estate Agent - Samson Properties

    Saurabh Prakash

    Samson Properties

    (240) 468-4196

    96 Total Sales

    2 in Silver Spring Park

    $733K - $825K Price Range

    Saurabh Prakash
     Section Image
  • Lindsay Clark Real Estate Agent - Compass

    Lindsay Clark

    Responds Quickly

    Compass

    (844) 329-0944

    102 Total Sales

    2 in Silver Spring Park

    $570K - $1M Price Range

    Lindsay Clark
     Section Image
  • Piers Bocock Real Estate Agent - Compass

    Piers Bocock

    Compass

    (240) 330-4880

    29 Total Sales

    5 in Silver Spring Park

    $535K - $1.1M Price Range

    Piers Bocock
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Bay County Settlements
$133,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $570,000
Previous Owner $71,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,620 $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 Real Estate Agent - Long & Foster

    Seller's Agent in 2023

    Marta Granados

    Long & Foster

    (301) 922-8629

    2 in this area

    65 Total Sales

    Marta Granados
    Section Image
  • Cindy Mayorga Real Estate Agent - Long & Foster

    Seller Co-Listing Agent in 2023

    Cindy Mayorga

    Long & Foster

    (301) 844-1667

    1 in this area

    25 Total Sales

    Cindy Mayorga
    Section Image
  • Mat Segal Real Estate Agent - Century 21 New Millennium

    Buyer's Agent in 2023

    Mat Segal

    Century 21 New Millennium

    (240) 277-1766

    1 in this area

    86 Total Sales

    Mat Segal
    Section Image
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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

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