NOT LISTED FOR SALE

9703 Lorain Ave Silver Spring, MD 20901

Estimated Value: $884,000 - $976,416

4 Beds
3.5 Baths
2,992 Sq Ft
$307/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $645,000 $216 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,632/month

107 Days on Market

Highlights

  • Gourmet Galley Kitchen
  • View of Trees or Woods
  • Colonial Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Combination Kitchen and Living

About This Home

As of April 2018

Original Owner Cherished this Beautiful Colonial built in 2006 w/3,000+ sf of Living Space and Total Privacy! 2 Story Foyer, High Ceiling, Gourmet Kitchen, Hardwood, Gas Fireplace, Recessed Lighting, Big Windows, Media Room & Huge Deck, Oversized 2-Car Garage, Backyard w/Low-maintenance and Safe No-Through Street! Easy Access to 495, 95, 270 & Close to Sligo Creek, Downtown Silver Spring & Metro!!

Last Agent to Sell the Property

Misook Lee

(301) 204-7149 misook@longandfoster.com Long & Foster Real Estate, Inc. License #AB98373558 Listed on: 11/25/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ann Clements

(240) 997-8654 annmarieclements@gmail.com RE/MAX Realty Services License #316581

RE/MAX Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,176

Year Built

  • Built in 2006

Lot Details

  • 6,850 Sq Ft Lot
  • Southeast Facing Home
  • Property is in very good condition
  • Property is zoned R60

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Copper Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Living
  • Dining Room

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Six Burner Stove
  • Down Draft Cooktop
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Front Basement Entry
  • Sump Pump
  • Basement Windows

Home Security

  • Alarm System
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Whole House Exhaust Ventilation

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Argyle Club Estates Subdivision

Listing and Financial Details

  • Tax Lot P26
  • Assessor Parcel Number 161300986155

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,176

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Freezer, Humidifier, Icemaker, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer - Front Loading, Water Heater
  • Interior Amenities: Kitchen - Galley, Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Living, Kitchen - Island, Kitchen - Table Space, Dining Area, Upgraded Countertops, Window Treatments, Crown Moldings, Primary Bath(s), Wet/Dry Bar, Recessed Lighting, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Double Pane, Energy Star Qualified, Screens
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass, Storm
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Kitchen, Family Room, Foyer, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Sump Pump, Daylight, Partial, Front Entrance, Fully Finished, Heated, Improved, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2992
  • Living Area Sq Ft: 2992
  • Price Per Sq Ft: 294.50
  • Above Grade Finished Sq Ft: 2292
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Copper
  • View: Garden/Lawn, Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Attached, Asphalt Driveway
  • Parking Space Number Assigned: 2
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Type Of Parking: Driveway

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System, Programmable Thermostat, Whole House Exhaust Ventilation
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Energy Star Heating System, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm, Main Entrance Lock, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Multiple Phone Lines
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Green Sustainability: Onsite Recycling Center

Lot Info

  • Improvement Assessed Value: 446700.00
  • Land Assessed Value: 259600.00
  • Lot Size Acres: 0.16
  • Lot Size Area: 6850
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6850.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14003391
  • Tax Annual Amount: 8175.57
  • Assessor Parcel Number: 161300986155
  • Tax Lot: P26
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2017
Closed on
Apr 4, 2018
Sold by
Lee Paul K and Lee Janet L
Bought by
Mcmahon Steven F and Mcmahon Magdalena Z
Seller's Agent
Misook Lee
Long & Foster Real Estate, Inc.
Buyer's Agent
Ann Clements
RE/MAX Realty Services
List Price
$699,999
Sold Price
$645,000
Premium/Discount to List
-$54,999
-7.86%
Current Estimated Value
$919,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,604
Avg. Annual Appreciation
4.68%
Original Mortgage
$595,000
Outstanding Balance
$511,571
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$408,033

Purchase Details

Closed on
May 9, 2006
Sold by
Legend Builders Inc
Bought by
Lee Paul K and Lee Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Legend Builders Inc
Bought by
Lee Paul K and Lee Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2005
Sold by
Legends Group Inc
Bought by
Legend Builders Inc

Purchase Details

Closed on
Jun 24, 2005
Sold by
Laios Edward T
Bought by
Legends Goup Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcmahon Steven F $645,000 Home Team Title
Lee Paul K $703,190 --
Lee Paul K $703,190 --
Legend Builders Inc -- --
Legends Goup Inc $210,000 --
Legends Goup Inc $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Steven F $595,000
Previous Owner Lee Paul K $140,000
Previous Owner Lee Paul K $525,000
Previous Owner Lee Paul K $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2018 04/04/18 Sold $645,000 -4.4% $216 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $675,000 -3.6% $226 / Sq Ft
11/25/2017 11/25/17 For Sale $699,999 -- $234 / 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 $9,930 $859,300 -- --
2024 $9,930 $799,100 $259,600 $539,500
2023 $8,608 $746,100 $0 $0
2022 $5,586 $693,100 $0 $0
2021 $6,957 $640,100 $259,600 $380,500
2020 $13,847 $640,100 $259,600 $380,500
2019 $6,887 $640,100 $259,600 $380,500
2018 $7,600 $706,300 $259,600 $446,700
2017 $7,484 $688,200 $0 $0
2016 $7,222 $670,100 $0 $0
2015 $7,222 $652,000 $0 $0
2014 $7,222 $652,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004226711

Bright MLS

APN: 13-00986155