724 Gist Ave Silver Spring, MD 20910
Silver Spring Park NeighborhoodEstimated Value: $693,000 - $837,000
3
Beds
2
Baths
960
Sq Ft
$795/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- No HOA
- Living Room
- Takoma Park Middle School Rated A
- Den
- Laundry Room
About This Home
As of July 2019Charming 1920's bungalow with inviting front porch! Walk through the front door and you'll be welcomed by the inviting floor plan and the abundance of natural light. The living and dining rooms feature hardwood floors, a gas fireplace flanked by built-ins, and period molding; a wide opening allows you to move between the rooms with ease. The renovated kitchen offers high-end stainless steel appliances, Italian black granite marble countertops, and custom tile backsplash; a door leads to a covered rear entry. The main level has two nice-sized bedrooms, a renovated full bathroom, and den. The lower level family room provides a comfortable space and kitchenette; a third bedroom, full bathroom, and laundry/storage room are also on this level. There is an entrance with walkout access to the driveway from the lower level; additional storage is available under the front porch. The lot offers a fenced backyard and gardens; parking is available in the driveway. Nestled in a desirable urban community with easy access to downtown Silver Spring and Takoma Park. Commuting is simple with local buses, Silver Spring Metro (1 mile), Takoma Metro (1.2 mile) & future Purple Line station.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,107
Year Built
- Built in 1925
Lot Details
- 5,000 Sq Ft Lot
- Property is zoned R60
Home Design
- Bungalow
Interior Spaces
- 960 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Den
- Laundry Room
Bedrooms and Bathrooms
Finished Basement
- Walk-Out Basement
- Connecting Stairway
- Exterior Basement Entry
- Basement Windows
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Gravel Driveway
Schools
- East Silver Spring Elementary School
- Takoma Park Middle School
- Montgomery Blair High School
Utilities
- Central Air
- Radiator
- Tankless Water Heater
Community Details
- No Home Owners Association
- Blair Subdivision
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 161300989728
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2019
Closed on
Jul 12, 2019
Sold by
Gong Paul K and Kenney Melissa A
Bought by
Leonberg Christopher R and Wilson Hannah F
Seller's Agent
Liz Brent
GO BRENT, INC.
Buyer's Agent
Dale Mattison
Long & Foster Real Estate, Inc.
List Price
$610,000
Sold Price
$650,000
Premium/Discount to List
$40,000
6.56%
Total Days on Market
6
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
$113,264
Avg. Annual Appreciation
2.48%
Original Mortgage
$617,500
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 2010
Sold by
Hinkle Kurt D and Hinkle Debra L
Bought by
Gong Paul K and Kenney Melissa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,920
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2004
Sold by
Vance Debra L
Bought by
Hinkle Kurt D and Hinkle Debra L
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 |
|---|---|---|---|
| Leonberg Christopher R | $650,000 | Capitol Title Group | |
| Gong Paul K | $479,900 | -- | |
| Hinkle Kurt D | -- | -- | |
| Hinkle Kurt D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Hannah F | $617,525 | |
| Closed | Leonberg Christopher R | $617,500 | |
| Previous Owner | Gong Paul K | $50,000 | |
| Previous Owner | Gong Paul K | $384,000 | |
| Previous Owner | Gong Paul K | $383,920 | |
| Previous Owner | Gong Paul K | $47,990 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2019 07/15/19 | Sold | $650,000 | +6.6% | $677 / Sq Ft |
| 06/26/2019 06/26/19 | Pending | -- | -- | -- |
| 06/20/2019 06/20/19 | For Sale | $610,000 | -- | $635 / 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 | $7,703 | $605,600 | $325,000 | $280,600 |
| 2023 | $5,840 | $543,100 | $0 | $0 |
| 2022 | $5,036 | $480,600 | $0 | $0 |
| 2021 | $4,509 | $418,100 | $325,000 | $93,100 |
| 2020 | $4,463 | $417,033 | $0 | $0 |
| 2019 | $4,416 | $415,967 | $0 | $0 |
| 2018 | $4,416 | $414,900 | $325,000 | $89,900 |
| 2017 | $4,248 | $401,833 | $0 | $0 |
| 2016 | $4,001 | $388,767 | $0 | $0 |
| 2015 | $4,001 | $375,700 | $0 | $0 |
| 2014 | $4,001 | $375,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Brent
Seller's Agent in 2019
Liz Brent
GO BRENT, INC.
(202) 321-2651
35 in this area
83 Total Sales
-
Dale Mattison
Buyer's Agent in 2019
Dale Mattison
Long & Foster
(202) 494-7653
1 in this area
97 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC665092
APN: 13-00989728
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