9506 E Light Dr Silver Spring, MD 20903
Oakview NeighborhoodEstimated Value: $518,000 - $576,000
4
Beds
2
Baths
1,729
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- Wooded Lot
- Raised Ranch Architecture
- No HOA
- Springbrook High School Rated A-
- Space For Rooms
- Community Pool
About This Home
As of August 2023Please 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.
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
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%
Total Days on Market
3
Views
152
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,465
Avg. Annual Appreciation
5.36%
Original Mortgage
$371,500
Outstanding Balance
$365,284
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$184,592
Similar Homes in Silver Spring, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Krieger Evan L | $500,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krieger Evan L | $371,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 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
-
Lucia Denhard
Seller's Agent in 2023
Lucia Denhard
EXP Realty, LLC
(301) 908-5288
1 in this area
61 Total Sales
-
Ashley Bersterman
Buyer's Agent in 2023
Ashley Bersterman
Exit Results Realty
(910) 381-4227
1 in this area
9 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2102860
APN: 05-00296720
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