NOT LISTED FOR SALE

718 Midland Rd Silver Spring, MD 20904

Estimated Value: $740,000 - $783,000

4 Beds
3 Baths
2,533 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $445,000 $176 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,660/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Great Room
  • Dr. Charles R. Drew Elementary School Rated A
  • 2 Fireplaces
  • Workshop

About This Home

As of October 2020

Gorgeous cape cod on large lot. House features 4 bedrooms, 3 full bathrooms, gleaming hardwood floors throughout, 2 fireplaces, deck, patio and workshop. Beautiful great room has sweeping cathedral ceiling and sliding glass doors leading onto the deck. The patio and huge back yard are great for entertaining. Newly renovated second floor has two bedrooms, a sitting/reading area, spacious family room and full bathroom. Basement has generous workshop for the handyman. Small dogs allowed on a case-by-case basis. Strong credit and good rental history desired.

Last Agent to Rent the Property

Michael Yette

(240) 737-5000 myette@kw.com Keller Williams Preferred Properties License #325686 Listed on: 08/26/2020

Keller Williams Preferred Properties

Last Renter's Agent

Michael Yette

(240) 737-5000 myette@kw.com Keller Williams Preferred Properties License #325686 Listed on: 08/26/2020

Keller Williams Preferred Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2,533 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Beamed Ceilings
  • 2 Fireplaces
  • Brick Fireplace
  • Great Room
  • Family Room
  • Dining Area
  • Workshop
  • Wood Flooring

Bedrooms and Bathrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Shelving
  • Workshop
  • Basement Windows

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Paint Branch Farms Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,000
  • Rent includes lawn service
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 9/1/20
  • $30 Application Fee
  • Assessor Parcel Number 160500303291

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2020-09-01
  • Application Fee: 30.00
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis, Dogs Ok, Breed Restrictions
  • Pets Allowed: Yes
  • Rent Includes: Lawn Service
  • Security Deposit: 3000.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Dining Area, Exposed Beams, Wood Floors
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Family Room, Great Room, Workshop
  • Basement: Yes
  • Basement Type: Full, Heated, Partially Finished, Rear Entrance, Shelving, Workshop, Windows
  • Total Sq Ft: 2533
  • Living Area Sq Ft: 2533
  • Price Per Sq Ft: 1.18
  • Above Grade Finished Sq Ft: 2533
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Roof: Shingle
  • 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
  • Garage Features: Covered Parking, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Very Good
  • Zoning: RE1

Tax Info

  • Assessor Parcel Number: 13837953
  • Assessor Parcel Number: 160500303291

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jul 9, 2012
Sold by
Pearson Nell M and Pearson Clifford I
Bought by
Maynard Christopher
Seller's Agent
Chris Hager
Long & Foster Real Estate, Inc.
Buyer's Agent
Georganne Deckert
Long & Foster Real Estate, Inc.
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Current Estimated Value
$758,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,936
Avg. Annual Appreciation
4.03%
Original Mortgage
$417,000
Outstanding Balance
$288,258
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$470,678

Purchase Details

Closed on
Oct 30, 2002
Sold by
Pearson Helmer S Et Al Tr
Bought by
Pearson Nell M Et Al Tr

Purchase Details

Closed on
Dec 12, 2000
Sold by
Pearson Helmer S and Pearson M N
Bought by
Pearson Helmer S Et Al Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Maynard Christopher $445,000 Nations Title Of Maryland In
Pearson Nell M Et Al Tr -- --
Pearson Helmer S Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maynard Christopher $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Rented $3,000 0.0% --
09/11/2020 09/11/20 Price Changed $3,000 -3.2% $1 / Sq Ft
08/26/2020 08/26/20 For Rent $3,100 +37.8% --
04/16/2018 04/16/18 Rented $2,250 -8.2% --
04/16/2018 04/16/18 Under Contract -- -- --
09/26/2017 09/26/17 For Rent $2,450 0.0% --
09/20/2015 09/20/15 Rented $2,450 -18.3% --
09/20/2015 09/20/15 Under Contract -- -- --
06/24/2015 06/24/15 For Rent $3,000 0.0% --
07/09/2012 07/09/12 Sold $445,000 -1.1% $176 / Sq Ft View Prior Sale
05/28/2012 05/28/12 Pending -- -- --
05/15/2012 05/15/12 Price Changed $450,000 -5.3% $178 / Sq Ft
05/08/2012 05/08/12 For Sale $475,000 0.0% $188 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $475,000 -- $188 / 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 $8,335 $602,800 -- --
2024 $8,335 $552,000 $0 $0
2023 $7,024 $501,200 $313,500 $187,700
2022 $6,670 $495,867 $0 $0
2021 $6,442 $490,533 $0 $0
2020 $6,442 $485,200 $313,500 $171,700
2019 $7,039 $479,367 $0 $0
2018 $6,958 $473,533 $0 $0
2017 $6,289 $467,700 $0 $0
2016 -- $449,167 $0 $0
2015 $6,483 $430,633 $0 $0
2014 $6,483 $412,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC722584

Bright MLS

APN: 05-00303291