NOT LISTED FOR SALE

718 Chesapeake Ave Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $954,000 - $1,185,000

5 Beds
5 Baths
3,150 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $830,000 $263 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,622/month

103 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • No HOA
  • Takoma Park Middle School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of June 2015

This large 3150 SF home features high quality finishes & energy efficiency inside and out /4 car concrete driveway & two decks & patio. 3 big bedrms & 3 full baths upstairs - a bed rm. & full ba. on the main lev. makes a perfect office - a private entrance basement with bed rm. & full bath, ideal for in-laws or nanny s space.Walking distance to public transportation, minutes to the METRO.

Last Agent to Sell the Property

Sandra Galvis-Pelton

(301) 610-0000 dandshomes@gmail.com Realty Advantage Listed on: 01/31/2015

Realty Advantage

Last Buyer's Agent

Jeffrey Reese

(202) 491-9706 jeffreyreeserealtor@gmail.com RLAH @properties License #0225222292

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1941 | Remodeled in 2014

Lot Details

  • 5,254 Sq Ft Lot
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Rear Basement Entry
  • Basement Windows

Parking

  • Parking Space Number Location: 4+
  • Free Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Schools

  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 60 Gallon+ Electric Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Spring Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 161300989227

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,099

Year Built

Built in 1941 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2015-01-31
  • Year Built: 1941
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Icemaker, Dishwasher, Cooktop, Dryer, Disposal, Energy Efficient Appliances, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven - Wall, Oven - Single, Oven - Double, Range Hood, Refrigerator, Washer
  • Interior Amenities: Kitchen - Island, Breakfast Area, Kitchen - Table Space, Kitchen - Eat-In, Chair Railings, Crown Moldings, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Window Features: Insulated, Double Pane, Screens
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Outside Entrance, Heated, Improved, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Price Per Sq Ft: 360.87
  • Above Grade Finished Sq Ft: 2300
  • Below Grade Finished Sq Ft: 850
  • Total Below Grade Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Fiber Cement, Hardiplank Type, Brick
  • Pool Private: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Parking Space Number Assigned: 4+
  • Type Of Parking: Off Street

Utilities

  • Refuse: 368.66
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Energy Star Heating System, Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Multiple Phone Lines
  • 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
  • Other Fees Frequency: Monthly

Schools

  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • R Factor Basement: 19

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 5254
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5254.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5099.46
  • Assessor Parcel Number: 161300989227
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2015
Closed on
Jun 1, 2015
Sold by
D&S Homes Llc
Bought by
Harwitz Jonathan Michael and Mehta Sandhya
Seller's Agent
Sandra Galvis-Pelton
Realty Advantage
Buyer's Agent
Jeffrey Reese
RLAH @properties
List Price
$849,750
Sold Price
$830,000
Premium/Discount to List
-$19,750
-2.32%
Current Estimated Value
$1,095,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,686
Avg. Annual Appreciation
2.66%
Original Mortgage
$625,500
Outstanding Balance
$482,731
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$612,955

Purchase Details

Listed on
Aug 23, 2013
Closed on
Nov 13, 2013
Sold by
Fannie Mae
Bought by
D & S Homes Llc
Seller's Agent
Frederick Hoffman
TTR Sotheby's International Realty
Buyer's Agent
Sandra Galvis-Pelton
Realty Advantage
List Price
$399,000
Sold Price
$396,000
Premium/Discount to List
-$3,000
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.19%
Original Mortgage
$175,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2013
Closed on
Oct 22, 2013
Sold by
Mauel Marie and Badr Ardeshir
Bought by
Federal National Mortgage Association
Seller's Agent
Frederick Hoffman
TTR Sotheby's International Realty
Buyer's Agent
Sandra Galvis-Pelton
Realty Advantage
List Price
$399,000
Sold Price
$396,000
Premium/Discount to List
-$3,000
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Gray Russell W and Gray S H
Bought by
Badr Ardeshir and Badr Marie Mauel
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
Harwitz Jonathan Michael $830,000 Old Republic National Title
D & S Homes Llc $396,000 None Available
Federal National Mortgage Association $268,000 None Available
Badr Ardeshir $185,000 --
Badr Ardeshir $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harwitz Jonathan Michael $625,500
Previous Owner D & S Homes Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2015 06/01/15 Sold $830,000 0.0% $263 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
04/29/2015 04/29/15 Price Changed $830,000 -2.3% $263 / Sq Ft
01/31/2015 01/31/15 For Sale $849,750 0.0% $270 / Sq Ft
01/20/2015 01/20/15 Price Changed $849,750 +114.6% $270 / Sq Ft
11/13/2013 11/13/13 Sold $396,000 +10.0% $382 / Sq Ft View Prior Sale
10/04/2013 10/04/13 Pending -- -- --
10/01/2013 10/01/13 Price Changed $359,900 -9.8% $347 / Sq Ft
08/23/2013 08/23/13 For Sale $399,000 -- $384 / 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 $10,588 $906,900 -- --
2024 $10,588 $856,200 $326,900 $529,300
2023 $11,260 $856,200 $326,900 $529,300
2022 $6,901 $856,200 $326,900 $529,300
2021 $9,520 $872,600 $326,900 $545,700
2020 $9,083 $835,867 $0 $0
2019 $8,641 $799,133 $0 $0
2018 $8,220 $762,400 $326,900 $435,500
2017 $7,525 $718,067 $0 $0
2016 -- $673,733 $0 $0
2015 $5,017 $414,500 $0 $0
2014 $5,017 $414,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sandra Galvis-Pelton

    Realty Advantage

    Section Image
  • Jeffrey Reese

    Buyer's Agent in 2015

    Jeffrey Reese

    Real Living at Home

    (202) 491-9706

    8 in this area

    110 Total Sales

    Jeffrey Reese
    Section Image
  • Frederick Hoffman

    Seller's Agent in 2013

    Frederick Hoffman

    TTR Sotheby's International Realty

    (516) 702-6554

    17 Total Sales

    Frederick Hoffman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002301487

Bright MLS

APN: 13-00989227

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

718 Chesapeake Ave, Silver Spring, MD

Not Listed for Sale

Detached

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