NOT LISTED FOR SALE

Estimated Value: $534,000 - $568,225

4 Beds
3 Baths
1,497 Sq Ft
$369/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $453,000 $303 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,348/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • Montgomery Knolls Elementary School Rated A-
  • Community Pool

About This Home

As of June 2023

MULTIPLE OFFERS RECEIVED. OFFER DEADLINE MONDAY, 5P. You are not hallucinating! 811 Malibu Drive is a single-family detached brick home inside the beltway that actually is big enough for a family, and is priced where you can actually renovate it into your dream home. This 4-bedroom, 3-full bath split-level home in the serene Franklin Knolls subdivision has good bones, so the cost of improvements won’t keep you up at night. Especially with the hardwood floors on the upper level and beneath the carpet on the main level. Whether you keep the current floor plan or go open concept, the versatility of the space will appeal to your creativity. There is a covered patio area out back leading to plenty of backyard. And the lower level is spacious with a separate entrance and a cavernous crawl space for storage. Estate Sale. Strictly AS-IS. You are a stone’s throw from I-495 and just minutes from downtown Silver Spring and the Four Corners shopping area so it is super convenient. Rest assured, you can turn your vision into the reality of your very own Shangra-La!

Last Agent to Sell the Property

David Branch

(202) 575-5020 David.Branch@longandfoster.com Long & Foster Real Estate, Inc. License #0225183253 Listed on: 06/07/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

tiernan dickens

(202) 486-2473 tiernan.dickens@gmail.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,090

Year Built

  • Built in 1960

Lot Details

  • 8,596 Sq Ft Lot
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Side Basement Entry
  • Laundry in Basement

Schools

  • Montgomery Knolls Elementary School
  • Eastern Middle School
  • Montgomery Blair High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 161301402084

Community Details

Overview

  • No Home Owners Association
  • Franklin Knolls Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,090

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-07
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Interior Access, Side Entrance, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 1820
  • Living Area Sq Ft: 1497
  • Price Per Sq Ft: 357.75
  • Above Grade Finished Sq Ft: 1174
  • Below Grade Finished Sq Ft: 323
  • Below Grade Sq Ft: 323
  • Total Below Grade Sq Ft: 646
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MONTGOMERY KNOLLS
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: EASTERN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 200100.00
  • Land Assessed Value: 207800.00
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8596.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14042375
  • Tax Annual Amount: 5090.00
  • Assessor Parcel Number: 161301402084
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jun 28, 2023
Sold by
Jig Teri
Bought by
Waktola Berhanu
Seller's Agent
David Branch
Long & Foster Real Estate, Inc.
Buyer's Agent
tiernan dickens
Redfin Corp
List Price
$420,000
Sold Price
$453,000
Premium/Discount to List
$33,000
7.86%
Views
140
Current Estimated Value
$552,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,806
Avg. Annual Appreciation
8.26%
Original Mortgage
$407,700
Outstanding Balance
$397,829
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$154,977
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
Waktola Berhanu $453,000 None Listed On Document
Waktola Berhanu $453,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waktola Berhanu $407,700
Closed Waktola Berhanu $407,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $453,000 0.0% $303 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/12/2023 06/12/23 Off Market $453,000 -- --
06/07/2023 06/07/23 For Sale $420,000 -- $281 / 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 $5,427 $447,633 -- --
2024 $5,427 $407,900 $207,800 $200,100
2023 $2,338 $404,967 $0 $0
2022 $3,240 $402,033 $0 $0
2021 $4,300 $399,100 $207,800 $191,300
2020 $4,026 $377,467 $0 $0
2019 $4,957 $355,833 $0 $0
2018 $1,430 $334,200 $207,800 $126,400
2017 $3,448 $325,567 $0 $0
2016 -- $316,933 $0 $0
2015 $3,053 $308,300 $0 $0
2014 $3,053 $308,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2095922

Bright MLS

APN: 13-01402084