NOT LISTED FOR SALE

9700 Merwood Ln Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $555,000 - $597,000

4 Beds
1 Bath
1,120 Sq Ft
$508/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $222,874 $199 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,432/month

75 Days on Market

Highlights

  • Second Kitchen
  • Raised Ranch Architecture
  • 1 Fireplace
  • Montgomery Knolls Elementary School Rated A-
  • Space For Rooms
  • No HOA

About This Home

As of July 2012

ACCEPTING BACKUPS- Be in the bliss of convenience! CORNER LOT, Raised Rambler with lots of potential with fence and deck. Hardwood floors, large master bedroom with nursery wing potential. Agent CDPE and very experienced with short sales. Needs some work ask your lender about a 203k Streamline loan to pay for the reapirs and upgrades of your choice! Close to Trader Joes, CVS, and Four Corners.

Last Agent to Sell the Property

Chaunya Blackwell

(202) 618-8090 cb@blackwellteam.com RE/MAX Allegiance License #MRIS:120479 Listed on: 12/14/2011

Last Buyer's Agent

Nha Vo

(301) 370-4681 NickVo71@AOL.com Samson Properties License #576580

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1951

Lot Details

  • 6,214 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace

Kitchen

  • Galley Kitchen
  • Second Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Exterior Basement Entry
  • Space For Rooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Franklin Knolls Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 161301354477

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,754

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1951
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 2nd Kitchen, Kitchen - Galley
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished, Space For Rooms
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 372.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 129400.00
  • Land Assessed Value: 179700.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6214
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6214.00
  • Property Condition: Below Average
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14037852
  • Tax Annual Amount: 3753.64
  • Assessor Parcel Number: 161301354477
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2011
Closed on
Jul 9, 2012
Sold by
Taye Christian Tsedeke
Bought by
Vo Nhi T
Seller's Agent
Chaunya Blackwell
RE/MAX Allegiance
Buyer's Agent
Nha Vo
Samson Properties
List Price
$239,999
Sold Price
$222,874
Premium/Discount to List
-$17,125
-7.14%
Current Estimated Value
$569,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,588
Avg. Annual Appreciation
7.20%
Original Mortgage
$150,000
Outstanding Balance
$23,089
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$546,373

Purchase Details

Closed on
Jun 26, 2008
Sold by
Reyes Ernesto
Bought by
Taye Christian Tsedeke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,186
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2008
Sold by
Reyes Ernesto
Bought by
Taye Christian Tsedeke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,186
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Albright Richard
Bought by
Reyes Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Albright Richard
Bought by
Reyes Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1998
Sold by
Pinkley Frances C
Bought by
Albright Richard
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
Vo Nhi T $222,874 Paradigm Title & Escrow Llc
Taye Christian Tsedeke $347,000 --
Taye Christian Tsedeke $347,000 --
Reyes Ernesto $490,000 --
Reyes Ernesto $490,000 --
Albright Richard $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vo Nhi T $150,000
Previous Owner Taye Christian Tsedeke $344,186
Previous Owner Taye Christian Tsedeke $344,186
Previous Owner Reyes Ernesto $392,000
Previous Owner Reyes Ernesto $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2012 07/09/12 Sold $222,874 -5.2% $199 / Sq Ft
04/17/2012 04/17/12 Price Changed $235,000 -2.1% $210 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
01/04/2012 01/04/12 Price Changed $239,999 0.0% $214 / Sq Ft
01/04/2012 01/04/12 For Sale $239,999 +7.7% $214 / Sq Ft
01/02/2012 01/02/12 Off Market $222,874 -- --
12/14/2011 12/14/11 For Sale $249,999 -- $223 / 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 $5,494 $444,500 -- --
2024 $5,494 $413,700 $205,100 $208,600
2023 $0 $396,433 $0 $0
2022 $3,056 $379,167 $0 $0
2021 $3,890 $361,900 $205,100 $156,800
2020 $3,794 $356,400 $0 $0
2019 $4,797 $350,900 $0 $0
2018 $3,613 $345,400 $197,600 $147,800
2017 $3,548 $334,467 $0 $0
2016 $3,062 $323,533 $0 $0
2015 $3,062 $312,600 $0 $0
2014 $3,062 $311,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Chaunya Blackwell

    RE/MAX

    Section Image
  • Nha Vo

    Buyer's Agent in 2012

    Nha Vo

    Samson Properties

    (301) 370-4681

    1 in this area

    47 Total Sales

    Nha Vo
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004655612

Bright MLS

APN: 13-01354477

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

9700 Merwood Ln, Silver Spring, MD

Not Listed for Sale

Detached

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