NOT LISTED FOR SALE

8617 Cedar St Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $886,000 - $1,056,000

4 Beds
3.5 Baths
1,977 Sq Ft
$499/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2022

Last sale price $895,000 $453 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,953 / mo

5 Days on Market

Highlights

  • Gourmet Kitchen
  • City View
  • Premium Lot
  • Sligo Creek Elementary School Rated A
  • Colonial Architecture
  • 3-minute walk to Ellsworth Urban Park

About This Home

As of August 2022

Location, Location, Location - Welcome Home to this Charming Colonial in the HEART of Downtown Silver Spring! Merely BLOCKS From All That The City Has To Offer w/ Plethora of LOCAL AMENITIES. Spanning Over 2,675 Sq. Ft. of Living Space on a 7,976 Sq. Ft. Lot, Ideally Placed on the Literal EDGE of DOWNTOWN. This Solid Brick Home Features 4 Bedrooms & 3.5 Bathrooms Total. Enjoy Landscaped Privacy w/ Benefits of City Life. In the Exterior Gardens, The Property Boasts Extensive Lush Flora Throughout w/ Expansive Hardscaped Front Patio + 2 Decks Off of The Main Residence – An Entertainer’s Paradise. Step Inside to Find Gleaming Hardwood Floors Throughout, Abundance of Windows, Family Room w/ Fireplace, Formal Dining Room, Updated Kitchen w/ Stainless Steel Appliances + Custom Wood Cabinetry + Upgraded Countertops, Main Level Office/Sunroom (w/ Exterior Door), & Main Level Laundry Room. Upstairs, Enjoy 3 Bedrooms w/ 2 Full Bathrooms + Plenty of Closet Space. On the Lower Level, Enjoy Expansive Rec Room + 1 Additional Bedroom & Full Bathroom, Extra Office/Den, Extra Laundry Room, & Walk-Out to Deck. The Lower Level is Incredibly Ideal For a Separate Livable Unit, Previously Used as AirBnB! This Home Also Features a Lengthy Driveway, Beautiful Flagstone Walkway to Home, & Fully Fenced Yard. WALKING DISTANCE to Downtown Silver Spring and Boasts 94 WALK SCORE, Restaurants, Grocery Stores, Hundreds of Shops, Library, METRO ( 1 mile from Red Line & will be LESS than 1 mile from Purple Line), Parks (5+ Choices within Walking Distance), Movie Theaters, Library, Whole Foods, Farmers Market (every Saturday, per local schedule), Fitness Centers, & Much More - Enjoy All That City Life Has to Offer with The Feel of Privacy on Gorgeous Property w/ Easy-Access to I-495, D.C., & VA! Come Take a Look at This Rare Gem TODAY.

Last Agent to Sell the Property

Joe Faraji

(240) 497-1700 farajiteam@gmail.com Long & Foster Real Estate, Inc. License #518479 Listed on: 07/06/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Adrian Faraji

(240) 497-1700 adrianfaraji@gmail.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Marysol Bonilla

(202) 552-5600 dhowell@mcenearney.com Corcoran McEnearney

Corcoran McEnearney

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,775

Year Built

  • Built in 1939

Lot Details

  • 7,976 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Premium Lot
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned R60

Property Views

  • City
  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Solid Hardwood
  • Partially Carpeted
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Windows

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wheaton Out Res. Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 161300954684

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,775

Year Built

Built in 1939

Lot Details

7,976 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-07-06
  • Federal Flood Zone: No
  • Year Built: 1939
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Oven - Single, Microwave, Disposal, Washer, Dryer
  • Flooring Type: Solid Hardwood, Luxury Vinyl Plank, Partially Carpeted, Ceramic Tile
  • Interior Amenities: Wood Floors, Carpet, Floor Plan - Traditional, Built-Ins, Ceiling Fan(s), Recessed Lighting, Kitchen - Gourmet, Upgraded Countertops, Walk-In Closet(s), Store/Office, Dining Area, Family Room Off Kitchen, Chair Railings
  • Window Features: Double Pane
  • Fireplace Features: Wood, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Double Entry
  • Wall Ceiling Types: High
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Interior Access, Outside Entrance, Walkout Level, Windows
  • Total Sq Ft: 2679
  • Living Area Sq Ft: 1977
  • Price Per Sq Ft: 536.66
  • Above Grade Finished Sq Ft: 1582
  • Below Grade Finished Sq Ft: 395
  • Below Grade Sq Ft: 702
  • Total Below Grade Sq Ft: 1097
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • View: Street, City, Scenic Vista, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • 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

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Fully
  • Improvement Assessed Value: 249800.00
  • Land Assessed Value: 347300.00
  • Lot Features: Corner, Landscaping, Premium
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7976.00
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14001173
  • Tax Annual Amount: 6775.00
  • Assessor Parcel Number: 161300954684
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 4, 2022
Sold by
Bought by
Seller's Agent
Joe Faraji
Long & Foster Real Estate, Inc.
Buyer's Agent
Marysol Bonilla
Corcoran McEnearney
List Price
$849,000
Sold Price
$895,000
Premium/Discount to List
$46,000
5.42%
Current Estimated Value
$986,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,813
Avg. Annual Appreciation
2.55%
Original Mortgage
$716,000
Outstanding Balance
$680,658
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$306,155

Purchase Details

Closed on
Jan 31, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,640
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,640
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$895,000 Paragon Title
$895,000 Paragon Title
$895,000 Paragon Title
-- None Listed On Document
$537,050 --
$537,050 --
$215,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $716,000
Closed $716,000
Previous Owner $429,640
Previous Owner $429,640
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $895,000 +5.4% $453 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $849,000 -- $429 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,845 $737,133 -- --
2024 $7,748 $597,100 $347,300 $249,800
2023 $6,845 $581,033 $0 $0
2022 $6,331 $564,967 $0 $0
2021 $6,775 $548,900 $347,300 $201,600
2020 $6,677 $543,233 $0 $0
2019 $6,577 $537,567 $0 $0
2018 $6,493 $531,900 $347,300 $184,600
2017 $6,220 $510,867 $0 $0
2016 -- $489,833 $0 $0
2015 $5,777 $468,800 $0 $0
2014 $5,777 $468,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Faraji

    Seller's Agent in 2022

    Joe Faraji

    Long & Foster

    (240) 274-2100

    1 in this area

    64 Total Sales

    Joe Faraji
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Adrian Faraji

    Long & Foster

    (240) 274-2100

    1 in this area

    52 Total Sales

    Adrian Faraji
    Section Image
  • Marysol Bonilla

    Buyer's Agent in 2022

    Marysol Bonilla

    Corcoran McEnearney

    (301) 335-1267

    5 in this area

    59 Total Sales

    Marysol Bonilla
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2056704

Bright MLS

APN: 13-00954684

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

8617 Cedar St, Silver Spring, MD

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