NOT LISTED FOR SALE

705 Hobbs Dr Silver Spring, MD 20904

Estimated Value: $864,000 - $949,000

7 Beds
4.5 Baths
3,446 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $660,000 $192 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,329/month

26 Days on Market

Highlights

  • Second Kitchen
  • Private Pool
  • 0.88 Acre Lot
  • Dr. Charles R. Drew Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • 1-minute walk to Colesville Local Park

About This Home

As of June 2017

Magnificent 6+ BR, 4FB upgraded & detailed home with over 5400 sqft appraised at $735,000. Hrdwds; Gourmet Kitchen, SS appl, granite, dbl oven. Custom Master Suite.Top Flr has 2 huge BRs & new FB. LL has lrg fam rm, bar, game rm; In-law suite w/full Kit & FB. Gorgeous pool, outdr custom bar and grill on lrg patio. New roof, new split system A/C, EE windows, 2-car garage. OPEN SUN 5/28 1-4pm!!!

Last Agent to Sell the Property

Mel Carreno

(301) 237-1650 sold@carrenoteam.com Cummings & Co. Realtors License #SP98377868 Listed on: 05/06/2017

Cummings & Co. Realtors

Last Buyer's Agent

Lucy Hassell

(202) 629-1574 lucy.hassell@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 1959

Lot Details

  • 0.88 Acre Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Screen For Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Storm Doors

Kitchen

  • Eat-In Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms | 4 Main Level Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Outdoor Features

  • Private Pool
  • Shed

Schools

  • Francis Scott Key Middle School
  • Springbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 16
  • Assessor Parcel Number 160500310822

Community Details

Overview

  • No Home Owners Association
  • Colesville Farm Estates Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Baseball Field

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,626

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1959
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Cooktop, Dryer, Icemaker, Oven - Wall, Washer, Water Heater
  • Interior Amenities: Kitchen - Table Space, Kitchen - Gourmet, Dining Area, Kitchen - Eat-In, 2nd Kitchen, Breakfast Area, Entry Level Bedroom, Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Primary Bath(s), Chair Railings, Wainscotting, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Double Pane, Insulated, Energy Star Qualified
  • Fireplace Features: Screen, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Foyer, Bedroom 1, In-Law/AuPair/Suite, Mud Room, Storage Room, Utility Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Full, Outside Entrance
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Brick, Combination
  • Pool Private: Yes
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Asphalt Driveway, Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Picnic Area, Tennis Courts
  • HOA: No
  • Senior Community: No

Schools

  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 254200.00
  • Land Assessed Value: 309900.00
  • Lot Size Acres: 0.88
  • Lot Size Area: 38156
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38156.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13838470
  • Tax Annual Amount: 6626.36
  • Assessor Parcel Number: 160500310822
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2017
Closed on
Jun 30, 2017
Sold by
Mastrapa Hector A
Bought by
Dean Stephen A and Hinds Pamela S
Seller's Agent
Mel Carreno
Cummings & Co. Realtors
Buyer's Agent
Lucy Hassell
Long & Foster Real Estate, Inc.
List Price
$689,000
Sold Price
$660,000
Premium/Discount to List
-$29,000
-4.21%
Current Estimated Value
$893,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,874
Avg. Annual Appreciation
3.60%
Original Mortgage
$360,000
Outstanding Balance
$299,181
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$594,693

Purchase Details

Closed on
Aug 6, 2012
Sold by
Mastrapa Hector A and Mastrapa Carol A
Bought by
Mastrapa Hector A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2000
Sold by
Carreno Teofanes and Carreno R R
Bought by
Mastrapa Hector A and Mastrapa A C
Source: Public Records
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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
Dean Stephen A $660,000 Rgs Title Llc
Mastrapa Hector A -- None Available
Mastrapa Hector A $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Stephen A $360,000
Previous Owner Mastrapa Hector A $417,000
Previous Owner Mastrapa Hector A $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $660,000 -4.2% $192 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $689,000 -- $200 / 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 $8,242 $713,600 -- --
2024 $8,242 $651,300 $0 $0
2023 $6,800 $589,000 $309,900 $279,100
2022 $6,462 $589,000 $309,900 $279,100
2021 $6,755 $589,000 $309,900 $279,100
2020 $6,755 $625,600 $309,900 $315,700
2019 $6,497 $605,100 $0 $0
2018 $6,257 $584,600 $0 $0
2017 $6,137 $564,100 $0 $0
2016 -- $535,667 $0 $0
2015 $5,810 $507,233 $0 $0
2014 $5,810 $478,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002514517

Bright MLS

APN: 05-00310822