Seller's Agent in 2023
Omar Flores
LPT Realty, LLC
(301) 800-8787
2 in this area
218 Total Sales
707 E Franklin Ave Silver Spring, MD 20901
Silver Spring Park NeighborhoodEstimated Value: $638,000 - $688,000
5
Beds
3
Baths
1,942
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- No HOA
- Property is in excellent condition
- Montgomery Knolls Elementary School Rated A-
- Central Heating and Cooling System
About This Home
As of June 2023HUGE PRICE IMPROVEMENT !!!!!
This stunning 5-bedroom, 3-bath renovated home is the perfect blend of modern elegance and classic charm. As you step inside, you'll appreciate the cozy and warm atmosphere. The all-new windows allow natural light to flow in while maintaining a comfortable and inviting ambiance. Kitchen renovated (2023) , Roof (2023), Windows (2023) Paint (2023), refinished floors (2023) baths (2023) Hvac (2019)
The recently refinished floors gleam beneath your feet as you explore the spacious living areas, which have been freshly painted throughout. The kitchen is a wonderful space, boasting all-new appliances, gorgeous countertops, and plenty of cabinet space. The three bathrooms have been tastefully updated to include modern fixtures and finishes, providing a comfortable and functional space for you and your family.
With its ample bedrooms and generously sized living areas, this home offers plenty of space for entertaining guests or simply relaxing with loved ones. And with a new roof in place, you can rest easy knowing that this home is both beautiful and reliable. Plenty of parking with a huge drive way .
Minutes to 495, downtown Silver spring , close to shopping , restaurants, walking distance to the Northwest Branch Trail and a community outdoor pool Franklin Knolls that can be joined for a yearly fee. Don't miss your chance to own this immaculate home in a fantastic location - schedule your viewing today!
Last Agent to Sell the Property
(301) 800-8787 omar@hausrealtygroup.com LPT Realty, LLC License #658363 Listed on: 04/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,337
Year Built
- Built in 1963
Lot Details
- 0.25 Acre Lot
- Property is in excellent condition
- Property is zoned R60
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- Property has 2 Levels
- 1 Fireplace
Bedrooms and Bathrooms
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Franklin Knolls Subdivision
Listing and Financial Details
- Tax Lot 76
- Assessor Parcel Number 161301355027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2023
Closed on
Jun 22, 2023
Sold by
Jones Tanya L
Bought by
Vo Lang Quoc and Nguyen Ana
Seller's Agent
Omar Flores
LPT Realty, LLC
Buyer's Agent
Nha Vo
Samson Properties
List Price
$769,995
Sold Price
$620,000
Premium/Discount to List
-$149,995
-19.48%
Views
89
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,913
Avg. Annual Appreciation
2.14%
Original Mortgage
$504,680
Outstanding Balance
$491,086
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$162,696
Purchase Details
Closed on
May 18, 2021
Sold by
Jones Tanya L and Estate Of Tiney R Haynie
Bought by
Jones Tanya L
Purchase Details
Closed on
Aug 21, 2014
Sold by
Haynie Tiney Ruth
Bought by
Haynie Tiney Ruth
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vo Lang Quoc | $620,000 | Fidelity National Title | |
| Vo Lang Quoc | $620,000 | Fidelity National Title | |
| Jones Tanya L | -- | None Available | |
| Haynie Tiney Ruth | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vo Lang Quoc | $504,680 | |
| Closed | Vo Lang Quoc | $504,680 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2023 06/15/23 | Sold | $620,000 | -1.4% | $319 / Sq Ft |
| 05/15/2023 05/15/23 | Price Changed | $629,000 | -4.7% | $324 / Sq Ft |
| 05/08/2023 05/08/23 | Price Changed | $659,995 | -5.7% | $340 / Sq Ft |
| 04/24/2023 04/24/23 | Price Changed | $699,995 | -9.1% | $360 / Sq Ft |
| 04/20/2023 04/20/23 | Price Changed | $769,995 | 0.0% | $396 / Sq Ft |
| 04/20/2023 04/20/23 | For Sale | $769,995 | +24.2% | $396 / Sq Ft |
| 04/12/2023 04/12/23 | Off Market | $620,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,075 | $510,900 | -- | -- |
| 2024 | $6,075 | $464,200 | $223,000 | $241,200 |
| 2023 | $3,257 | $444,300 | $0 | $0 |
| 2022 | $4,645 | $424,400 | $0 | $0 |
| 2021 | $4,359 | $404,500 | $223,000 | $181,500 |
| 2020 | $4,257 | $398,433 | $0 | $0 |
| 2019 | $4,155 | $392,367 | $0 | $0 |
| 2018 | $4,065 | $386,300 | $215,500 | $170,800 |
| 2017 | $3,929 | $373,667 | $0 | $0 |
| 2016 | $3,404 | $361,033 | $0 | $0 |
| 2015 | $3,404 | $348,400 | $0 | $0 |
| 2014 | $3,404 | $345,967 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Omar Flores
-
Nha Vo
Buyer's Agent in 2023
Nha Vo
Samson Properties
(301) 370-4681
1 in this area
47 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2086868
APN: 13-01355027
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