NOT LISTED FOR SALE

Estimated Value: $724,000 - $823,000

3 Beds
2 Baths
1,694 Sq Ft
$461/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $699,000 $413 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,795/month

About This Home

Charming bungalow, walking distance to Downtown Silver Spring! Perched on a 10,900 SQ FT lot, this 2 bedroom/2 bath home, with 2 lower level bonus rooms (one which can be easily converted to a legal 3rd bedroom) has been completely renovated in 2021. You'll find modern and sophisticated touches throughout, yet the home retains much of it's original character. The HUGE LOT has been recently cleared and offers major expansion potential! (Re-listed after first-time home buyers got cold feet. Their loss is YOUR gain!)

Relax on your spacious front porch with newly installed TREX flooring and low maintenance PVC railings. The welcoming living room with newly refinished hardwood floors and plentiful natural daylight opens to a formal dining room, accented by a modern light fixture. The sparkling kitchen features new cabinetry, quartz countertops, subway tile backsplash, and stainless steel appliances with easy access to a cozy deck at the rear—the perfect space for your morning coffee. Ascend to the upper level and you'll find a spacious primary bedroom with sitting area and attic access, a second, generously sized second bedroom, and a beautifully renovated bath with new tile work, frame-less glass shower door, modern vanity, and elegant light fixture. The spacious attic can be used for storage now and eventually popped up and finished for additional SQ Footage. On the lower level with side entrance access, you'll find two versatile bonus rooms which can serve multiple functions… perhaps a family or guest room and office? You'll also find a second newly renovated full bath. Freshly painted and landscaped with new roof and HVAC (2021), this quintessential Silver Spring Bungalow is ready for immediate move-in!

Location, Location, Location! A plethora of wonderful dining, shopping, and entertainment options are all within walking distance! Need to unwind after a long day? Visit nearby Sligo Creek Trail or simply enjoy the spacious yard and crisp fall nights by the fire pit. Commuter friendly, less than a mile from the Red Metro line and upcoming Purple line. Close proximity to the charm of Takoma Park as well as the hustle and bustle of our Nation's Capital.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 15, 2021
Sold by
Anastasia Orestes
Bought by
Allen Benjamin Lee and Doyle Kaitlin Nicole
Seller's Agent
Marysol Bonilla
Corcoran McEnearney
Buyer's Agent
Lorielle Akintunde
RLAH @properties
List Price
$685,000
Sold Price
$699,000
Premium/Discount to List
$14,000
2.04%
Current Estimated Value
$780,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,618
Avg. Annual Appreciation
2.68%
Original Mortgage
$629,100
Outstanding Balance
$576,941
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$203,677

Purchase Details

Closed on
May 11, 2021
Sold by
Anastasia Orestes and Besleme Katherine
Bought by
Anastasia Orestes

Purchase Details

Closed on
Oct 21, 2011
Sold by
Anastasia Orestes and Besleme Katherine
Bought by
Anastasia Orestes and Besleme Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Mclaughlin Thomas F
Bought by
Anastasia Orestes and Anastasia Kate Besleme

Purchase Details

Closed on
Nov 12, 1998
Sold by
Thomas F Mclaughlin
Bought by
Thomas F Mclaughlin F and Thomas Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Allen Benjamin Lee $699,000 Paragon Title & Escrow Co
Anastasia Orestes -- Accommodation
Anastasia Orestes -- None Available
Anastasia Orestes $359,000 --
Anastasia Orestes $359,000 --
Thomas F Mclaughlin F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Benjamin Lee $629,100
Previous Owner Anastasia Orestes $254,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2021 11/16/21 Sold $699,000 +2.0% $413 / Sq Ft View Prior Sale
10/17/2021 10/17/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $685,000 0.0% $404 / Sq Ft
10/15/2021 10/15/21 For Sale $685,000 -2.0% $404 / Sq Ft
10/04/2021 10/04/21 Off Market $699,000 -- --
09/10/2021 09/10/21 For Sale $699,500 -- $413 / Sq Ft

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 $8,559 $720,300 -- --
2024 $8,559 $685,900 $365,800 $320,100
2023 $7,181 $628,300 $0 $0
2022 $6,199 $570,700 $0 $0
2021 $5,500 $513,100 $365,800 $147,300
2020 $6,067 $504,633 $0 $0
2019 $6,044 $496,167 $0 $0
2018 $5,929 $487,700 $365,800 $121,900
2017 $5,060 $471,467 $0 $0
2016 -- $455,233 $0 $0
2015 $5,380 $439,000 $0 $0
2014 $5,380 $439,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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