NOT LISTED FOR SALE

708 Hobbs Dr Silver Spring, MD 20904

Estimated Value: $831,000 - $1,231,000

5 Beds
4.5 Baths
4,302 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $915,000 $213 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,605/month

7 Days on Market

Highlights

  • 0.95 Acre Lot
  • Deck
  • Wooded Lot
  • Dr. Charles R. Drew Elementary School Rated A
  • Private Lot
  • 3-minute walk to Colesville Local Park

About This Home

As of September 2024

This extraordinary five-level nearly all brick home features 5 bedrooms, 4.5 baths, and is set on nearly an acre of beautifully landscaped, partially wooded grounds with no HOA. Step through double doors into a custom stone entryway that leads to a spacious living room, complete with a cozy wood-burning fireplace and a large bay picture window that bathes the room in natural light. Adjacent is the formal dining room, perfect for entertaining. The bright and airy kitchen is a chef’s dream, featuring soft-close custom cabinetry, under-counter lighting, an island with seating, and ample counter space for meal preparation. The sun-drenched great room is the heart of the home, with its soaring 20+ foot ceilings and expansive walls of windows and skylights. This show-stopping space is ideal for entertaining. Whether you’re a musician looking for the perfect acoustics. An artist looking to display all of their masterpieces or maybe you just want to enjoy quiet evenings at home in front of the wood burning fireplace. The expansive stone patio and rear deck, accessible from both sides of the great room, are perfect for outdoor living and al fresco dining. All the while overlooking your expansive backyard and private wooded oasis. Convenience is key with a main-level laundry room off the garage, featuring an updated utility sink and front-load appliances. The main level also includes a versatile bedroom or office, bathroom and a cozy family room with a stone fireplace. Upstairs, the second floor offers a secondary primary bedroom with an en-suite bath, two additional bedrooms, and another full bath. The upper-level primary suite is a private retreat with two walk-in closets, a spacious bath with a luxurious soaking tub with serene views of nature and a separate tiled shower. The lower level is designed for recreation, offering a spacious rec room, a full bath, and an optional 6th bedroom or home office. Plenty of additional storage is available in the utility room. This energy-efficient home features a 3-zone geothermal system installed in 2013 with two wells, new roof in 2013, along with numerous additional updates including many windows, skylights, doors, hot water heater and more. The oversized two-car garage offers the option of adding heat/air, additional workspace, and more storage. An expansive driveway and parking pad provide ample parking for guests or room for a boat, RV, or trailer. Located just a few doors away from the beautiful Colesville park and minutes from endless options for shopping and dining. A commuter’s dream with easy access to 29, 650, I95, I495 and 200 (ICC) and close to the Glenmont Metro (Red Line).
Come view this beauty in person to truly appreciate all of the special and unique features this home offers.

Last Agent to Sell the Property

Christine Kogok

(240) 277-9121 christinekogok@gmail.com Keller Williams Realty Centre License #607722 Listed on: 08/19/2024

Keller Williams Realty Centre

Last Buyer's Agent

John Hughson

(301) 379-0749 johnh@lnf.com Long & Foster Real Estate, Inc. License #577713

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1954

Lot Details

  • 0.95 Acre Lot
  • Private Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • 8 Driveway Spaces
  • Front Facing Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Basement

  • Interior Basement Entry
  • Basement Windows

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Colesville Farm Estates Subdivision
  • Property has 5 Levels

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160500311132

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,454

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Oven - Wall, Refrigerator, Washer - Front Loading
  • Interior Amenities: Entry Level Bedroom, Primary Bath(s), Wood Floors, Attic, Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Island, Recessed Lighting, Skylight(s), Bathroom - Soaking Tub, Walk-In Closet(s)
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Other
  • Levels Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Bedroom 1, Great Room, Laundry
  • Basement: Yes
  • Basement Type: Windows, Interior Access
  • Laundry Type: Main Floor
  • Total Sq Ft: 4876
  • Living Area Sq Ft: 4302
  • Price Per Sq Ft: 234.96
  • Above Grade Finished Sq Ft: 3724
  • Below Grade Finished Sq Ft: 578
  • Below Grade Sq Ft: 574
  • Total Below Grade Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main 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: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 8

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Ceiling Fan(s), Geothermal, Zoned
  • Heating Fuel: Geo-Thermal
  • Heating Type: Zoned, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Trees/Wooded, Private
  • Lot Size Acres: 0.95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41568.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6454.00
  • Assessor Parcel Number: 160500311132
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 13, 2024
Sold by
Cornwell Martin Ralph and Cornwell Linda Jeanne
Bought by
Sarin Libby M and Sarin Arun
Seller's Agent
Christine Kogok
Keller Williams Realty Centre
Buyer's Agent
John Hughson
Long & Foster Real Estate, Inc.
List Price
$875,000
Sold Price
$915,000
Premium/Discount to List
$40,000
4.57%
Views
128
Current Estimated Value
$970,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,361
Avg. Annual Appreciation
4.45%
Original Mortgage
$823,500
Outstanding Balance
$811,568
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$158,793

Purchase Details

Listed on
Jan 20, 2013
Closed on
May 3, 2013
Sold by
Goldsmith Gus
Bought by
Cornwell Martin Ralph and Cornwell Linda Jeanne
Seller's Agent
Latasha Greene
Keller Williams Realty Centre
Buyer's Agent
Christine Kogok
Keller Williams Realty Centre
List Price
$515,000
Sold Price
$494,000
Premium/Discount to List
-$21,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$395,200
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2012
Sold by
Inokon Alice N
Bought by
Goldsmith Gus

Purchase Details

Closed on
Jul 5, 2007
Sold by
Inokon Michael
Bought by
Inokon Alice N

Purchase Details

Closed on
May 29, 2007
Sold by
Inokon Michael
Bought by
Inokon Alice N
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
Sarin Libby M $915,000 Universal Title
Sarin Libby M $915,000 Universal Title
Cornwell Martin Ralph $494,000 First American Title Ins Co
Goldsmith Gus $350,000 None Available
Inokon Alice N -- --
Inokon Alice N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarin Libby M $823,500
Closed Sarin Libby M $823,500
Previous Owner Cornwell Martin Ralph $395,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $915,000 +4.6% $213 / Sq Ft
08/19/2024 08/19/24 For Sale $875,000 +77.1% $203 / Sq Ft
05/03/2013 05/03/13 Sold $494,000 -4.1% $180 / Sq Ft View Prior Sale
04/09/2013 04/09/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $515,000 +4.3% $187 / Sq Ft
04/02/2013 04/02/13 Off Market $494,000 -- --
04/01/2013 04/01/13 For Sale $515,000 +4.3% $187 / Sq Ft
04/01/2013 04/01/13 Off Market $494,000 -- --
03/26/2013 03/26/13 For Sale $515,000 0.0% $187 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
02/21/2013 02/21/13 Price Changed $515,000 0.0% $187 / Sq Ft
02/21/2013 02/21/13 For Sale $515,000 -4.5% $187 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
02/02/2013 02/02/13 For Sale $539,000 0.0% $196 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/20/2013 01/20/13 For Sale $539,000 -- $196 / 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 $6,969 $569,733 -- --
2024 $6,969 $528,867 $0 $0
2023 $5,762 $488,000 $298,200 $189,800
2022 $5,433 $484,900 $0 $0
2021 $5,242 $481,800 $0 $0
2020 $5,242 $478,700 $298,200 $180,500
2019 $5,112 $470,033 $0 $0
2018 $5,000 $461,367 $0 $0
2017 $4,988 $452,700 $0 $0
2016 $5,362 $447,233 $0 $0
2015 $5,362 $441,767 $0 $0
2014 $5,362 $436,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2144544

Bright MLS

APN: 05-00311132