NOT LISTED FOR SALE

8703 Reading Rd Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $654,000 - $707,000

3 Beds
3.5 Baths
1,184 Sq Ft
$572/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $681,000 $575 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,047/month

Highlights

  • Wooded Lot
  • Wood Flooring
  • No HOA
  • Eastern Middle School Rated A-
  • Sun or Florida Room
  • 5-minute walk to Flower Avenue Urban Park

About This Home

As of July 2022

URBAN OASIS - STEPS TO SLIGO CREEK – One-level living in this ideal location. Walk to shops, restaurants, and future Purple Line. Minutes to everything downtown Silver Spring and Takoma Park has to offer. Exquisite total renovation completed 2016. Modern eat-in chef’s kitchen with stainless steel appliances and marble countertops. Large picture window overlooks yard and mature neighborhood trees. Beautiful hardwood flooring throughout. All bedrooms have marble en suite bathrooms. Den/library with fireplace. Three season room (8.5’ x 13’ not included in sq. footage) overlooks backyard, all with custom window treatments. Private fully fenced outdoor space including studio/workshop with electricity and ample storage. Professionally landscaped yard with hand-forged iron work and flagstone patios and hardscape. VERY SPECIAL HOME! MUST SEE!

Last Agent to Sell the Property

Alex Hodges

(703) 819-1023 alex.hodges@yahoo.com Cottage Street Realty LLC Listed on: 06/08/2022

Last Buyer's Agent

Monique Van Blaricom

(224) 970-2783 monique@mvbresidential.com RLAH @properties License #5005333

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,959

Year Built

  • Built in 1934 | Remodeled in 2016

Lot Details

  • 5,565 Sq Ft Lot
  • Northwest Facing Home
  • Wood Fence
  • Landscaped
  • Wooded Lot
  • Front Yard
  • Property is in excellent condition
  • Property is zoned R60

Home Design

  • Bungalow
  • Plaster Walls
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,184 Sq Ft Home
  • Property has 1 Level
  • Wainscoting
  • Ceiling Fan
  • Skylights
  • Corner Fireplace
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Double Pane Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Living Room
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Home Security

  • Motion Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Utility Building

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Forest Hills Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161301376406

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,959

Year Built

Built in 1934 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1934
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: URBAN OASIS - STEPS TO SLIGO CREEK – One-level living in this ideal location. Walk to shops, restaurants, and future Purple Line. Minutes to everything downtown Silver Spring and Takoma Park has to offer. Exquisite total renovation completed 2016. Modern eat-in chef’s kitchen with stainless steel appliances and marble countertops. Large picture window overlooks yard and mature neighborhood trees. Beautiful hardwood flooring throughout. All bedrooms have marble en suite bathrooms. Den/library with fireplace. Three season room (8.5’ x 13’ not included in sq. footage) overlooks backyard, all with custom window treatments. Private fully fenced outdoor space including studio/workshop with electricity and ample storage. Professionally landscaped yard with hand-forged iron work and flagstone patios and hardscape. VERY SPECIAL HOME! MUST SEE!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Table Space, Wood Floors, Window Treatments, Wainscotting, Attic/House Fan, Ceiling Fan(s), Kitchen - Island, Skylight(s), Upgraded Countertops
  • Window Features: Skylights, Double Pane, Sliding, Screens
  • Fireplace Features: Mantel(s), Corner, Wood, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Study, Sun/Florida Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1184
  • Living Area Sq Ft: 1184
  • Price Per Sq Ft: 573.48
  • Above Grade Finished Sq Ft: 1184
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8703

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Utility Building
  • Construction Materials: Stucco
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Attic Fan
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Hot Water, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Motion Detectors, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Improvement Assessed Value: 171400.00
  • Land Assessed Value: 252900.00
  • Land Use Code: R
  • Lot Features: Trees/Wooded, Landscaping, Front Yard
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5565.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14039951
  • Tax Annual Amount: 4959.00
  • Assessor Parcel Number: 161301376406
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1184
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 07/14/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 13, 2022
Sold by
Revo John and Revo Jacqueline
Bought by
Lax Ari Michael and Martin Cassandra Renee
Seller's Agent
Alex Hodges
Cottage Street Realty LLC
Buyer's Agent
Monique Van Blaricom
RLAH @properties
List Price
$679,000
Sold Price
$681,000
Premium/Discount to List
$2,000
0.29%
Current Estimated Value
$677,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,976
Avg. Annual Appreciation
-0.18%
Original Mortgage
$544,800
Outstanding Balance
$521,278
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$155,746

Purchase Details

Closed on
Dec 29, 2020
Sold by
Tonetti John C and Tonetti Jacqueline A
Bought by
Tonetti John Christopher and Tonetti Jacqueline Alicia

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 29, 2016
Sold by
Mccarthy Neil Michael
Bought by
Tonetti John C and Tonetti Jacqueline A
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Dale Mattison
Long & Foster Real Estate, Inc.
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$424,297
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 13, 2016
Sold by
Street Beattie O and Mcinytre Barbara F
Bought by
Mccarthy Neil M and Lockhart Rick A
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Dale Mattison
Long & Foster Real Estate, Inc.
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,297
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 3, 2014
Closed on
Nov 21, 2014
Sold by
Hristov Latchezar N and Popandreeva Kristina P
Bought by
Mccarthy Neil Michael
Seller's Agent
Hamid Samiy
Long & Foster Real Estate, Inc.
Buyer's Agent
Deborah Gerald
Compass
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.56%

Purchase Details

Closed on
Apr 14, 2003
Sold by
Bonfigli Michael C
Bought by
Kristrov Latchezar N and Potandreeva Kristina P

Purchase Details

Closed on
Apr 5, 2001
Sold by
Boulin Louis M
Bought by
Bonfigli Michael C
Source: Public Records

Range of Values:

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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
Lax Ari Michael $681,000 Allied Title & Escrow
Tonetti John Christopher -- None Available
Tonetti John C $499,000 First American Title Ins Co
Mccarthy Neil M $170,000 Rgs Title Of Bethesda
Mccarthy Neil Michael $349,000 Kvs Title Llc
Kristrov Latchezar N $285,000 --
Bonfigli Michael C $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lax Ari Michael $544,800
Previous Owner Tonetti John C $424,297
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2022 07/14/22 Sold $681,000 +0.3% $575 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $679,000 +36.1% $573 / Sq Ft
07/29/2016 07/29/16 Sold $499,000 0.0% $421 / Sq Ft View Prior Sale
06/24/2016 06/24/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $499,000 +43.0% $421 / Sq Ft
11/21/2014 11/21/14 Sold $349,000 0.0% $291 / Sq Ft View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $349,000 -- $291 / 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 $5,616 $453,900 -- --
2024 $5,616 $424,300 $252,900 $171,400
2023 $4,791 $414,900 $0 $0
2022 $4,436 $405,500 $0 $0
2021 $4,267 $396,100 $252,900 $143,200
2020 $8,032 $376,533 $0 $0
2019 $3,765 $356,967 $0 $0
2018 $3,525 $337,400 $217,900 $119,500
2017 $3,951 $320,100 $0 $0
2016 $2,524 $302,800 $0 $0
2015 $2,524 $285,500 $0 $0
2014 $2,524 $285,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Hodges

    Seller's Agent in 2022

    Alex Hodges

    Cottage Street Realty LLC

    (703) 819-1023

    3 in this area

    595 Total Sales

    Alex Hodges
    Section Image
  • Monique Van Blaricom

    Buyer's Agent in 2022

    Monique Van Blaricom

    Real Living at Home

    (224) 970-2783

    2 in this area

    90 Total Sales

    Monique Van Blaricom
    Section Image
  • Margaret Finn

    Seller's Agent in 2016

    Margaret Finn

    Perennial Real Estate

    (301) 602-5810

    Margaret Finn
    Section Image
  • Alice Mckenna

    Seller Co-Listing Agent in 2016

    Alice Mckenna

    Compass

    (301) 706-0779

    13 Total Sales

    Alice Mckenna
    Section Image
  • Dale Mattison

    Buyer's Agent in 2016

    Dale Mattison

    Long & Foster

    (202) 494-7653

    82 Total Sales

    Dale Mattison
    Section Image
  • Hamid Samiy

    Seller's Agent in 2014

    Hamid Samiy

    Long & Foster

    (202) 714-1300

    33 Total Sales

    Hamid Samiy
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2055468

Bright MLS

APN: 13-01376406

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8703 Reading Rd, Silver Spring, MD

This home is located at 8703 Reading Rd, Silver Spring, MD 20901 since 08 June 2022 and is currently estimated at $677,024, approximately $571 per square foot. This property was built in 1934. 8703 Reading Rd is a home located in Montgomery County with nearby schools including New Hampshire Estates Elementary School, Oak View Elementary School, and Eastern Middle School.

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