NOT LISTED FOR SALE

Estimated Value: $1,052,000 - $1,114,000

4 Beds
3.5 Baths
2,512 Sq Ft
$435/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $1,075,000 $428 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,676/month

2 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Air
  • Sligo Creek Elementary School Rated A
  • 2 Car Detached Garage
  • Heat Pump System

About This Home

As of September 2024

Discover the elegance of this remarkable Colonial home, nestled on a rare 0.25-acre lot in the heart of Downtown Silver Spring. This exquisite 4-bedroom, 3 1/2-bathroom residence showcases a beautifully updated kitchen, adorned with honed granite countertops, a sophisticated subway-tiled backsplash, a spacious pantry illuminated by a skylight, and stainless steel appliances. The expansive owner's suite features a luxurious renovated en-suite bathroom, creating a serene private retreat bathed in natural light.

The gracious living room, complete with a charming fireplace, and the generously sized dining room provide ideal settings for refined entertaining. Ascend to the third-floor attic, which has been transformed into a magnificent open loft, perfect for a home office, creative studio, or additional living space. Rich Chestnut wood accents and gleaming hardwood floors add timeless beauty throughout the home.

The fully finished basement offers a full bathroom, a legal bedroom, and recessed lighting, making it an excellent space for guests or extended family. Step outside to the large deck, adorned with a pergola, perfect for alfresco dining and gatherings. The property also includes a detached 2-car garage and a long driveway, providing ample off-street parking. The deep, setback backyard offers a tranquil oasis for relaxation and outdoor activities.

Located in the vibrant heart of Downtown Silver Spring, this home is steps away from an array of fine dining establishments, a movie theater, Whole Foods, a library, and the Silver Spring Metro. Enjoy the convenience of Bullis Park just one block away and a leisurely stroll to Nolte Park. With an updated roof, a new heating system and a brand new heat pump AC system for the 2nd floor and attic this residence is move-in ready, waiting for you to experience its charm and elegance. Don't miss the opportunity to reside in one of Silver Spring's most desirable neighborhoods.

Last Agent to Sell the Property

Russell Chandler

(240) 988-7609 russell.chandler@redfin.com Redfin Corp Listed on: 07/31/2024

Redfin Corp

Last Buyer's Agent

Becca Love

(202) 656-9158 rebecca.love@redfin.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,769

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R60

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Silver Spring Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 161301047968

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,769

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-07-31
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2812
  • Living Area Sq Ft: 2512
  • Price Per Sq Ft: 509.94
  • Above Grade Finished Sq Ft: 1912
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 300
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage, On Street

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • 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

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10900.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10769.00
  • Assessor Parcel Number: 161301047968
  • Tax Lot: 16
  • 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
Jul 31, 2024
Closed on
Sep 6, 2024
Sold by
Laurie E Ekstrand Living Trust and Ekstrand Laurie E
Bought by
Burbank Renee Alina and Burbank Nathaniel Stewart
Seller's Agent
Russell Chandler
Redfin Corp
Buyer's Agent
Becca Love
Redfin Corp
List Price
$975,000
Sold Price
$1,075,000
Premium/Discount to List
$100,000
10.26%
Views
48
Current Estimated Value
$1,092,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,410
Avg. Annual Appreciation
1.22%
Original Mortgage
$806,250
Outstanding Balance
$797,707
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$294,703

Purchase Details

Closed on
Jul 13, 2023
Sold by
Ekstrand Laurie E
Bought by
Laurie E Ekstrand Living Trust and Ekstrand

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 29, 2015
Sold by
Kosak Joyce M and Zucker Alyssa N
Bought by
Ekstrand Laurie E
Seller's Agent
Liz Brent
GO BRENT, INC.
Buyer's Agent
Philip Sturm
Long & Foster Real Estate, Inc.
List Price
$759,000
Sold Price
$702,000
Premium/Discount to List
-$57,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$550,000
Interest Rate
2.68%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2013
Sold by
Kosak Joyce M and Zucker Alyssa N
Bought by
Kosak Joyce M and Zucker Alyssa N

Purchase Details

Closed on
Jun 30, 1998
Sold by
Gregory C Simon
Bought by
Levin Andrew and Freeman Mary A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burbank Renee Alina $1,075,000 Westcor Land Title Insurance C
Burbank Renee Alina $1,075,000 Westcor Land Title Insurance C
Laurie E Ekstrand Living Trust -- None Listed On Document
Laurie E Ekstrand Living Trust -- None Listed On Document
Ekstrand Laurie E $702,000 Westcor Land Title Ins Co
Kosak Joyce M -- None Available
Levin Andrew $275,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burbank Renee Alina $806,250
Closed Burbank Renee Alina $806,250
Previous Owner Ekstrand Laurie E $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2024 09/06/24 Sold $1,075,000 +10.3% $428 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $975,000 0.0% $388 / Sq Ft
07/30/2024 07/30/24 Price Changed $975,000 +38.9% $388 / Sq Ft
08/04/2015 08/04/15 Sold $702,000 -4.6% $367 / Sq Ft View Prior Sale
06/29/2015 06/29/15 Pending -- -- --
06/04/2015 06/04/15 Price Changed $736,000 -3.0% $385 / Sq Ft
05/21/2015 05/21/15 For Sale $759,000 -- $397 / 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 $11,435 $967,100 -- --
2024 $11,435 $929,800 $365,800 $564,000
2023 $10,077 $873,600 $0 $0
2022 $8,981 $817,400 $0 $0
2021 $8,014 $761,200 $365,800 $395,400
2020 $8,014 $738,933 $0 $0
2019 $7,731 $716,667 $0 $0
2018 $7,468 $694,400 $365,800 $328,600
2017 $7,244 $663,067 $0 $0
2016 -- $631,733 $0 $0
2015 $6,341 $600,400 $0 $0
2014 $6,341 $600,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2141648

Bright MLS

APN: 13-01047968