723 Gist Ave Silver Spring, MD 20910
Silver Spring Park NeighborhoodEstimated Value: $692,000 - $796,000
3
Beds
2
Baths
1,928
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- Space For Rooms
- 1 Fireplace
- Bungalow
- Takoma Park Middle School Rated A
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of October 2022Fantastic bungalow overflowing with charm! Elevated location on a quiet street, this 3BR 2BA detached home includes tons of great features. Hardwood floors throughout and a plethora of natural light. Living room with cozy fireplace and soaring cathedral ceilings, plus access to skylit loft space - the perfect hangout spot or reading nook. Formal dining room with space for entertaining, leading to updated kitchen with maple cabinets, granite countertops and stainless steel appliances. 2 large bedrooms on the main level with lots of closet space, plus a bright full bath. Fully renovated lower level features an additional bedroom and full bath, and provides an ideal opportunity for those who want to generate passive income on the property - current rental rate is 1100 with utilities included. Makes for a great short-term rental as well, with proximity to NIH and Montgomery Community College. Endless outdoor enjoyment, including the welcoming and expansive front porch, rear deck, and massive private backyard, which is fenced in and surrounded by greenery. Located equidistant to both Silver Spring and Takoma metro stations, this home is easily accessible to both downtown centers. It is also very near the beltway and downtown D.C. This neighborhood is perfect for young professionals looking to extend their living space or grow their family. Also close to good schools and 4 grocery stores. Enjoy the front porch life while getting to know your neighbors in a thriving location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,605
Year Built
- Built in 1922
Lot Details
- 5,000 Sq Ft Lot
- Property is zoned R60
Parking
- Off-Street Parking
Home Design
- Bungalow
- Frame Construction
Interior Spaces
- Property has 2 Levels
- 1 Fireplace
Bedrooms and Bathrooms
Unfinished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Front Basement Entry
- Space For Rooms
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Blair Subdivision
Listing and Financial Details
- Tax Lot 30
- Assessor Parcel Number 161300990396
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2022
Closed on
Oct 25, 2022
Sold by
Herrman Dian R
Bought by
Painter Judith L and Porter David M
Seller's Agent
Carlos Garcia
Keller Williams Capital Properties
Buyer's Agent
Valbona Qerimi
Long & Foster Real Estate, Inc.
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Total Days on Market
8
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,185
Avg. Annual Appreciation
1.12%
Original Mortgage
$490,000
Outstanding Balance
$471,892
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$263,663
Purchase Details
Closed on
Dec 5, 2016
Sold by
Herrman Robbie F and Herrman Dian R
Bought by
Herrman Dian R
Purchase Details
Closed on
Oct 27, 2008
Sold by
Everly Thomas A
Bought by
Herrman Robbie F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,581
Interest Rate
6.43%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 29, 2008
Sold by
Everly Thomas A
Bought by
Herrman Robbie F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,581
Interest Rate
6.43%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 9, 2006
Sold by
Everly Thomas A
Bought by
Everly Thomas A and Everly Amanda Davis
Purchase Details
Closed on
Oct 30, 2002
Sold by
Everly Christin W
Bought by
Everly Thomas A
Purchase Details
Closed on
Dec 18, 1996
Sold by
Richardson Henry B
Bought by
Everly Christin W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Silver Spring, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Painter Judith L | $715,000 | Sage Title | |
| Herrman Dian R | $356,001 | None Available | |
| Herrman Robbie F | $415,000 | -- | |
| Herrman Robbie F | $415,000 | -- | |
| Everly Thomas A | -- | -- | |
| Everly Thomas A | $228,000 | -- | |
| Everly Christin W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Painter Judith L | $490,000 | |
| Previous Owner | Herrman Dian R | $383,892 | |
| Previous Owner | Herrman Robbie F | $413,694 | |
| Previous Owner | Herrman Robbie F | $407,581 | |
| Previous Owner | Herrman Robbie F | $407,581 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2022 10/25/22 | Sold | $715,000 | -1.4% | $371 / Sq Ft |
| 09/24/2022 09/24/22 | Pending | -- | -- | -- |
| 09/16/2022 09/16/22 | For Sale | $725,000 | -- | $376 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,222 | $477,000 | $325,000 | $152,000 |
| 2023 | $6,728 | $462,867 | $0 | $0 |
| 2022 | $3,617 | $448,733 | $0 | $0 |
| 2021 | $4,691 | $434,600 | $325,000 | $109,600 |
| 2020 | $9,306 | $434,300 | $0 | $0 |
| 2019 | $4,614 | $434,000 | $0 | $0 |
| 2018 | $4,588 | $433,700 | $325,000 | $108,700 |
| 2017 | $4,538 | $423,867 | $0 | $0 |
| 2016 | $4,270 | $414,033 | $0 | $0 |
| 2015 | $4,270 | $404,200 | $0 | $0 |
| 2014 | $4,270 | $404,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Garcia
Seller's Agent in 2022
Carlos Garcia
Keller Williams Capital Properties
(202) 253-6177
2 in this area
219 Total Sales
-
Valbona Qerimi
Buyer's Agent in 2022
Valbona Qerimi
Long & Foster
(202) 669-9936
1 in this area
40 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2066348
APN: 13-00990396
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 806 Sligo Ave
- 702 Gist Ave
- 713 Ritchie Ave
- 7812 Takoma Ave
- 517 Margaret Dr
- 753 Silver Spring Ave
- 803 Islington St
- 600 Thayer Ave
- 614 Sligo Ave Unit 508
- 614 Sligo Ave Unit 303
- 614 Sligo Ave Unit 405
- 614 Sligo Ave Unit 211
- 575 Thayer Ave Unit 606
- 8216 Nolte Ave
- 8316 Fenton St Unit B
- 8314 Fenton St Unit B
- 7420 Buffalo Ave
- 930 Wayne Ave Unit 708
- 930 Wayne Ave Unit 509
- 930 Wayne Ave Unit 402