NOT LISTED FOR SALE

8701 Bradford Rd Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $681,387 - $1,058,000

-- Bed
3 Baths
2,988 Sq Ft
$271/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $450,000 $151 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,812/month

370 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Eastern Middle School Rated A-
  • Level Entry For Accessibility

About This Home

As of March 2016

Call today for a showing appointment! Brick building includes 3- 2 BR, 1 BA units). Certified lead free 2001. New roof/gutters 2011. Great location 1.22 mi to Metro, 1 mile to downtown Silver Spring's shops, restaurants & entertainment. Public transp at front door, 2 blocks to park/recreation. SOLD AS-IS. NO FHA. (conventional financing or cash buyers only)

Last Agent to Sell the Property

Sophia Arachovitis

(240) 418-8122 homesbysophiallc@gmail.com Homes By Sophia LLC License #325662 Listed on: 01/15/2015

Last Buyer's Agent

Yework Birre

(301) 442-4833 Yework@zgkhomes.com Heymann Realty, LLC License #597902

Heymann Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,758

Year Built

  • Built in 1953

Lot Details

  • 5,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Casement Windows
  • Stove

Parking

  • Free Parking
  • On-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

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

Listing and Financial Details

  • The owner pays for real estate taxes, repairs, insurance, accounting/legal, advertising/licenses and permits
  • Tax Lot 1
  • Assessor Parcel Number 161301376884

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Forest Hills Subdivision

Building Details

  • Operating Expense $99,999,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,758

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1953
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Window Features: Casement
  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 163.32

Exterior Features

  • Construction Materials: Brick
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street

Utilities

  • Refuse: 121.62
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Previous Twelve Months Electric Expense: 144.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 3600.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 201400.00
  • Land Assessed Value: 208200.00
  • Lot Features: Corner
  • Lot Size Acres: 0.14
  • Lot Size Area: 5920
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5920.00
  • Zoning: R10

Rental Info

  • Owner Pays: Taxes - Real Estate, Repairs, Insurance, Accounting/Legal, Advertising/Licenses And Permits
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14039996
  • Tax Annual Amount: 4758.21
  • Assessor Parcel Number: 161301376884
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Gross Income: 99999999.00
  • Metering: Gas Separate
  • Operating Expense: 99999999.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Feb 26, 2016
Sold by
Carvounis Nick and Kimbelblatt David N
Bought by
Fisseha Yonas Desalegn
Seller's Agent
Sophia Arachovitis
Homes By Sophia LLC
Buyer's Agent
Yework Birre
Heymann Realty, LLC
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Current Estimated Value
$810,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,347
Avg. Annual Appreciation
6.19%
Original Mortgage
$337,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1999
Sold by
Lee Anne B
Bought by
Carvounis Nick and Carvounis C P

Purchase Details

Closed on
Mar 8, 1999
Sold by
E Brooke 3Rd & A B Lee
Bought by
Lee Anne B
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
Fisseha Yonas Desalegn $450,000 Attorney
Carvounis Nick $201,000 --
Lee Anne B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisseha Yonas Desalegn $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $450,000 -9.8% $151 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/15/2015 01/15/15 For Sale $499,000 -- $167 / 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 $6,791 $602,900 -- --
2024 $6,791 $565,700 $254,700 $311,000
2023 $6,604 $550,433 $0 $0
2022 $4,313 $535,167 $0 $0
2021 $3,527 $519,900 $254,700 $265,200
2020 $5,668 $492,700 $0 $0
2019 $5,359 $465,500 $0 $0
2018 $5,260 $438,300 $219,700 $218,600
2017 $5,036 $428,733 $0 $0
2016 -- $419,167 $0 $0
2015 $4,567 $409,600 $0 $0
2014 $4,567 $409,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sophia Arachovitis

    Seller's Agent in 2016

    Sophia Arachovitis

    Homes By Sophia LLC

    (240) 418-8122

    12 Total Sales

    Sophia Arachovitis
    Section Image
  • Yework Birre

    Buyer's Agent in 2016

    Yework Birre

    Heymann Realty, LLC

    (301) 442-4833

    1 in this area

    91 Total Sales

    Yework Birre
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002300433

Bright MLS

APN: 13-01376884

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8701 Bradford Rd, Silver Spring, MD

Not Listed for Sale

MultiFamily

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