NOT LISTED FOR SALE

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

4 Beds
2 Baths
1,729 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $500,000 $289 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,331/month

3 Days on Market

Highlights

  • Wooded Lot
  • Raised Ranch Architecture
  • No HOA
  • Springbrook High School Rated A-
  • Space For Rooms
  • Community Pool

About This Home

As of August 2023

Please submit highest and best offer by Sunday, 8/13 at 6pm.
Here's your opportunity to own a single family home in a Prime Silver Spring Location! This RARE model in the Oakview Neighborhood has much to offer... It sits on over a 1/4 acre - private lot backing to wooded park land! This rancher/rambler has 3-4 bedroom, 2 full baths with a walk out, mostly finished basement. The main level has original hardwood floors throughout the bedrooms and living /dining room. Newer siding & windows in the LR and kitchen (2004). The bathrooms and kitchen are dated, but an easy cosmetic fix to create your vision! The basement has a wood burning fireplace and a massive living area with egress windows and 2 entrances... A finished, "extra" room with window and closet for a private studio / den. A BONUS unfinished area has plenty of space to add another bedroom with it's own entrance and a "framed" rough in for a 3rd bathroom. Nice, separate area for the washer and dryer. No need to worry about the roof: new asphalt architectural shingle roof (2018). No need to worry about your HVAC: -new TRANE system installed in 2021 with built in humidifier. Gas Hot Water heater with expansion tank (11 yrs). So many possibilities for commuters who work in DC or Baltimore. Just minutes to the Capital Beltway at New Hampshire Ave and I-95. Excellent opportunity for the savvy investor to rent to employees of the FDA, University of Maryland, NASA, or Holy Cross Hospital. (all within 5 miles). Grocery stores, shopping centers, restaurants within 2 miles. Don't want to drive? No problem... The Ride-On bus stop is several yards down along sidewalk! For those investors who enjoy Short Term (Airbnb / VRBO) or Mid Term (Furnished Finder / Travel Nurse) Rentals, this neighborhood is for you...NO HOA... Want to know more about Oakview.... "In Oakview, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Oakview is very tight compared to the demand for property here." Estate / Trust Sale. Agent is related to owner.

Last Agent to Sell the Property

Lucia Denhard

(301) 908-5288 Lucia.Denhard@exprealty.com EXP Realty, LLC Listed on: 08/10/2023

EXP Realty, LLC

Last Buyer's Agent

Ashley Bersterman

(910) 381-4227 ashley.bersterman@exitresults.com Exit Results Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1961

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Raised Ranch Architecture
  • Rambler Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Space For Rooms
  • Workshop
  • Rough-In Basement Bathroom
  • Basement Windows

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160500296720

Community Details

Overview

  • No Home Owners Association
  • Oakview Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,761

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler, Ranch/Rambler, Bi-Level, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-08-10
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full, Partially Finished, Rear Entrance, Rough Bath Plumb, Space For Rooms, Walkout Level, Windows, Workshop
  • Total Sq Ft: 2334
  • Living Area Sq Ft: 1729
  • Price Per Sq Ft: 424.16
  • Above Grade Finished Sq Ft: 1167
  • Below Grade Finished Sq Ft: 562
  • Below Grade Sq Ft: 605
  • Total Below Grade Sq Ft: 1167
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: Central
  • 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

Lot Info

  • Lot Features: Backs To Trees, Level, Trees/Wooded
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11578.00
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4761.00
  • Assessor Parcel Number: 160500296720
  • Tax Lot: 5
  • 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
Aug 10, 2023
Closed on
Aug 25, 2023
Sold by
Denhard Family Revocable Trust
Bought by
Krieger Evan L
Seller's Agent
Lucia Denhard
EXP Realty, LLC
Buyer's Agent
Ashley Bersterman
Exit Results Realty
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Views
152
Current Estimated Value
$549,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,927
Avg. Annual Appreciation
4.17%
Original Mortgage
$371,500
Outstanding Balance
$363,176
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$186,751
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
Krieger Evan L $500,000 Commonwealth Land Title
Krieger Evan L $500,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krieger Evan L $371,500
Closed Krieger Evan L $371,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $500,000 0.0% $289 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/13/2023 08/13/23 Off Market $500,000 -- --
08/10/2023 08/10/23 For Sale $495,000 -- $286 / 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 $5,394 $425,733 -- --
2024 $5,394 $405,067 $0 $0
2023 $3,779 $384,400 $222,000 $162,400
2022 $3,469 $372,233 $0 $0
2021 $3,149 $360,067 $0 $0
2020 $3,149 $347,900 $222,000 $125,900
2019 $3,665 $347,900 $222,000 $125,900
2018 $3,641 $347,900 $222,000 $125,900
2017 $3,606 $365,100 $0 $0
2016 -- $328,467 $0 $0
2015 $3,523 $291,833 $0 $0
2014 $3,523 $255,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2102860

Bright MLS

APN: 05-00296720