NOT LISTED FOR SALE

9 E Franklin Ave Silver Spring, MD 20901

Indian Spring Neighborhood

Estimated Value: $502,000 - $597,000

4 Beds
2 Baths
1,520 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $430,000 $283 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,360/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Radiator
  • Highland View Elementary School Rated A

About This Home

As of July 2021

Welcome to this beautiful 4 bed, 2 bath single-family home in the heart of Silver Spring, Maryland! The location is perfect, just minutes to local shopping centers and highways. This home features beautiful original hardwood flooring all throughout the main living space. The living and dining room are the perfect space for family gatherings. All 4 bedrooms offer plenty of natural light and closet space. Lastly, find the fully finished basement and laundry room on the lower level. Give us a call today to book your tour!

Last Agent to Sell the Property

Mercedes Fitzgerald

(240) 888-1017 mercedesmfitzgerald@gmail.com The Agency DC Listed on: 06/11/2021

The Agency DC

Last Buyer's Agent

Ted Spenadel

(410) 465-4440 tedspenadel@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1948

Lot Details

  • 7,244 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Cape Cod Architecture

Interior Spaces

  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Indian Spring Park Subdivision

Listing and Financial Details

  • Tax Lot P9
  • Assessor Parcel Number 161301013177

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,455

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-06-11
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 384.62
  • Above Grade Finished Sq Ft: 1170
  • Below Grade Finished Sq Ft: 350
  • Below Grade Sq Ft: 430
  • Total Below Grade Sq Ft: 780
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 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

  • Improvement Assessed Value: 141400.00
  • Land Assessed Value: 236600.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7244.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14005839
  • Tax Annual Amount: 4455.00
  • Assessor Parcel Number: 161301013177
  • Tax Lot: P9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 21, 2021
Sold by
Semanchik Richard W and Semanchik Nancy
Bought by
Ejigu Agerie
Seller's Agent
Mercedes Fitzgerald
The Agency DC
Buyer's Agent
Ted Spenadel
Samson Properties
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Current Estimated Value
$552,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,009
Avg. Annual Appreciation
5.79%
Original Mortgage
$344,000
Outstanding Balance
$259,034
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$292,975
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ejigu Agerie $430,000 Jacquies Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ejigu Agerie $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $430,000 -4.4% $283 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $450,000 -- $296 / 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 $5,612 $460,867 -- --
2024 $5,612 $431,900 $236,600 $195,300
2023 $4,696 $413,933 $0 $0
2022 $4,251 $395,967 $0 $0
2021 $8,242 $378,000 $236,600 $141,400
2020 $7,756 $370,567 $0 $0
2019 $3,763 $363,133 $0 $0
2018 $3,657 $355,700 $215,700 $140,000
2017 $3,423 $339,133 $0 $0
2016 -- $322,567 $0 $0
2015 $3,190 $306,000 $0 $0
2014 $3,190 $306,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mercedes Fitzgerald

    Seller's Agent in 2021

    Mercedes Fitzgerald

    The Agency DC

    (240) 888-1017

    1 in this area

    96 Total Sales

    Mercedes Fitzgerald
    Section Image
  • Ted Spenadel

    Buyer's Agent in 2021

    Ted Spenadel

    Samson Properties

    (410) 465-4440

    1 in this area

    29 Total Sales

    Ted Spenadel
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC762842

Bright MLS

APN: 13-01013177

Maryland Montgomery County Silver Spring 20901 Indian Spring

9 E Franklin Ave, Silver Spring, MD

Not Listed for Sale

Detached

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