NOT LISTED FOR SALE

Estimated Value: $1,555,031 - $1,899,000

5 Beds
4.5 Baths
4,868 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,465,000 $301 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,235/month

56 Days on Market

Highlights

  • Built in 1923 | Remodeled in 2020
  • Eat-In Gourmet Kitchen
  • Deck
  • Takoma Park Middle School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of February 2021

Brought you by Peggy's Distinctive Interiors, in collaboration with Carib Daniel Martin Architecture + Design, 705 Silver Spring Ave is an exquisite new three-level single-family home on a 10,000-square-foot lot nestled within Maryland’s Silver Spring community, within close proximity to Takoma Park MD and Washington D.C. Even before stepping foot onto the breathtaking main floor, this home radiates luxury and comfort with its fenced-in yard, polished Hardie Plank siding, cedar trim, wraparound porch and 2-car garage. Modern Design, with custom finishes and fixtures throughout and EVERY convenience imaginable! Curated lighting constructed for peak visual comfort, 10' ceilings, an open-concept main level, gourmet kitchen with top-of-the line appliances, including a refrigerator with Wifi, a mud room, pantry, powder room. Plus laundry on each level! Need a home office or play room? No problem. On the main level you'll find a spacious multi-functional flex room, the perfect space for work or play. The upper level landing can likewise, accommodate an office nook. A floating wood stairwell with an impressive custom glass panel leads you to the upper level, where you'll find a STUNNING Primary Bedroom En-Suite with a vaulted ceiling and wood paneled accent wall with custom sheen wall paper, dual walk-in-closets, laundry and luxurious spa bath with a dual Carrera Marble vanity, standalone tub plus shower with custom Porcelanosa tile & frameless glass door, PLUS three additional bedrooms of similar size and a gorgeous hall bath. Visitors will enjoy the convenience of an en-suite bath in the upper level guest-room. If you're planning on hosting your in-laws or employing an au pair, they'll be delighted by the premium suite housed in the basement. The suite includes a living room, bedroom, kitchenette, pantry, full bath, walk-in closet, laundry room, and private exit. Last but not least, you will find a generously sized family room on the lower level, separate from the in-law/au pair/guest suite with walk out to rear & garage access. The perfect space for game night, Super Bowl gatherings or cozy nights in. For those beautiful Fall and Spring days... enjoy dining al fresco on the large TREX deck just off the main level, with tree top views. Entertainers, in particular, will delight in the abundance of off-street parking and the winding driveway that leads to an attached two-car garage. The home's green features include LED lighting throughout, 16 SEER Air Conditioning Units with Honeywell UV lights, a programable thermostat, energy efficient windows, electric car charger + composite TREX deck & porch made of recycled materials. Did I mention.. a maintenance free exterior with PVC railings and trim?!?! Along with the property's exceptional amenities, it benefits from being situated within walking distance to downtown Silver Spring and the RED metro line. Unique homes like this do not come around everyday.. it is NOT one to miss!! Visit property website for specs, team bio, features & finishes, floor plans & neighborhood info. www.705silverspringave.com Expected On-Market, Friday, January 22nd. Please note: Tax Information is not accurate. Post-improvement taxes will be higher, estimated at approx $15k Annual. Water Connection Fee of approx. $652 annual for 30 years. Fee will be reflected in the Tax Bill. Updated fee schedule will go active April 2021. Preferred Title Company is Paragon Title. Check out property website for details: www.705silverspringave.com

Last Agent to Sell the Property

Marysol Bonilla

(301) 335-1267 marysol@marysolbonilla.com Corcoran McEnearney Listed on: 12/01/2020

Corcoran McEnearney

Last Buyer's Agent

Eva Davis

(202) 271-2456 eva.davis@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,364

Year Built

  • Built in 1923 | Remodeled in 2020

Lot Details

  • 10,200 Sq Ft Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Advanced Framing
  • Shingle Roof
  • Asphalt Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchenette
  • Double Oven
  • Six Burner Stove
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Side Basement Entry
  • Garage Access
  • Water Proofing System
  • Drainage System
  • Sump Pump
  • Basement Windows

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Spring Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot P15
  • Assessor Parcel Number 161301044817

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,364

Year Built

Built in 1923 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: See Inclusions/Exclusions
  • Home Warranty: Yes
  • Inclusions: See Inclusions/Exclusions
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-12-01
  • Federal Flood Zone: No
  • Year Built: 1923
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Double, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Vinyl
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchenette, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Soaking Tub, Sprinkler System, Store/Office, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Window Features: Double Pane, Energy Efficient, Insulated, Screens
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, High, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter, Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, In-Law/AuPair/Suite, Office
  • Basement: Yes
  • Basement Type: Daylight, Partial, Connecting Stairway, Drainage System, Fully Finished, Garage Access, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Sump Pump, Walkout Level, Water Proofing System, Windows
  • Laundry Type: Main Floor, Upper Floor, Lower Floor, Has Laundry
  • Total Sq Ft: 4868
  • Living Area Sq Ft: 4868
  • Price Per Sq Ft: 377.98
  • Above Grade Finished Sq Ft: 3770
  • Below Grade Finished Sq Ft: 1098
  • Total Below Grade Sq Ft: 1098
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Advanced Framing, Hardiplank Type, Low Voc Products/Finishes
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Basement Garage, Covered Parking, Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Water Available, Sewer Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 74500.00
  • Land Assessed Value: 363200.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10200.00
  • Outdoor Living Structures: Wrap Around, Porch(es), Deck(s)
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14008588
  • Tax Annual Amount: 5364.00
  • Assessor Parcel Number: 161301044817
  • Tax Lot: P15
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 26, 2021
Sold by
Pmj Investors Llc
Bought by
Kleinman Sarah Beth and Derzko Anthony Michael
Seller's Agent
Marysol Bonilla
Corcoran McEnearney
Buyer's Agent
Eva Davis
Compass
List Price
$1,425,000
Sold Price
$1,465,000
Premium/Discount to List
$40,000
2.81%
Current Estimated Value
$1,673,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,758
Avg. Annual Appreciation
2.80%
Original Mortgage
$750,000
Outstanding Balance
$673,456
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,000,302

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 1, 2019
Sold by
The Sarah R Davis Trust
Bought by
Pmj Investors Llc
Seller's Agent
Jan Rivera
CASAS Real Estate, Inc.
Buyer's Agent
Marysol Bonilla
Corcoran McEnearney
List Price
$437,000
Sold Price
$445,000
Premium/Discount to List
$8,000
1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.15%

Purchase Details

Closed on
Dec 23, 2009
Sold by
Davis Sarah R
Bought by
Davis Sarah R

Purchase Details

Closed on
Aug 7, 2006
Sold by
Wahler Lauren F and Wahler M
Bought by
Davis Sarah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,910
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2006
Sold by
Wahler Lauren F and Wahler M
Bought by
Davis Sarah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,910
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1994
Sold by
Nusraty Nesar A
Bought by
Wahler Lauren F
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
Kleinman Sarah Beth $1,465,000 Multiple
Pmj Investors Llc $445,000 Paragon Title & Escrow Co
Davis Sarah R -- --
Davis Sarah R $449,900 --
Davis Sarah R $449,900 --
Wahler Lauren F $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleinman Sarah Beth $750,000
Previous Owner Davis Sarah R $404,910
Previous Owner Davis Sarah R $404,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $1,465,000 +2.8% $301 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,425,000 -2.7% $293 / Sq Ft
12/01/2020 12/01/20 Off Market $1,465,000 -- --
12/01/2020 12/01/20 For Sale $1,389,000 +212.1% $285 / Sq Ft
05/07/2019 05/07/19 Sold $445,000 +1.8% $534 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $437,000 0.0% $524 / Sq Ft
02/19/2017 02/19/17 Rented $1,600 0.0% --
02/18/2017 02/18/17 Under Contract -- -- --
01/27/2017 01/27/17 For Rent $1,600 -- --
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 $17,582 $1,522,667 -- --
2024 $17,582 $1,428,600 $363,200 $1,065,400
2023 $16,434 $1,390,233 $0 $0
2022 $15,284 $1,351,867 $0 $0
2021 $15,478 $1,313,500 $363,200 $950,300
2020 $5,417 $440,833 $0 $0
2019 $5,364 $439,267 $0 $0
2018 $5,325 $437,700 $363,200 $74,500
2017 $4,622 $429,500 $0 $0
2016 $4,104 $421,300 $0 $0
2015 $4,104 $413,100 $0 $0
2014 $4,104 $410,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC731896

Bright MLS

APN: 13-01044817