$569,900
SOLD JUL 18, 2024
4 Beds
2 Baths
2,140 Sq Ft
6,991 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

9 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Programmable Thermostat
  • Roscoe R. Nix Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Charming house on corner lot conveniently located in Montgomery County in the Oakview subdivision in Silver Spring. This all brick, well-maintained, and recently remodeled rambler is a rare find that features a finished, income-producing studio apartment with a full-size kitchen and separate entrance with private
parking. The main level includes a living room and dining area with a wood burning fireplace and large oversized windows, 3 bedrooms, a full bath, and an eat-in kitchen. The inviting front porch provides an ideal spot to unwind. The large finished basement is mostly above ground and allows for plenty of
natural light into the charming studio apartment. The studio has an open concept floor plan including a unique brick bar for entertaining, a full-size kitchen, living room, full bath, den/office, and plenty of storage space. It has a separate entrance from the rear yard and private off-street driveway. This studio
unit can generate for the owner approximately $1,600+ per month (or $19,000+ per year). With the University of Maryland nearby, there is tremendous demand for such type of rentals. The laundry room is centrally located in the foyer of the lower level. The fenced backyard includes a patio and space for gardening and outdoor activities. Because this home is situated on a corner lot, it offers plenty of front
and side parking options in addition to the private driveway. Conveniently located near shopping and restaurants, this house offers easy access to major highways including the Beltway (495), I-95, New Hampshire Avenue, and Route 29, making it an easy commute to University of Maryland, downtown Silver Spring, Rockville, Bethesda, and the entire Washington, D.C. metro area. The Property is located in the Montgomery County school district.

Last Agent to Sell the Property

Jeremy McDonough

Mr. Lister Realty

Last Buyer's Agent

Brandon Wagner

EXP Realty, LLC License #SP40003590

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 1953

Lot Details

  • 6,991 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Stick Built Home
  • Copper Plumbing
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Basement Windows

Parking

  • Driveway
  • On-Street Parking

Schools

  • Roscoe Nix Elementary School
  • Francis Scott Key Middle School
  • Springbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Oakview Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160500298455

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,188

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Remarks Public: Charming house on corner lot conveniently located in Montgomery County in the Oakview subdivision in Silver Spring. This all brick, well-maintained, and recently remodeled rambler is a rare find that features a finished, income-producing studio apartment with a full-size kitchen and separate entrance with private parking. The main level includes a living room and dining area with a wood burning fireplace and large oversized windows, 3 bedrooms, a full bath, and an eat-in kitchen. The inviting front porch provides an ideal spot to unwind. The large finished basement is mostly above ground and allows for plenty of natural light into the charming studio apartment. The studio has an open concept floor plan including a unique brick bar for entertaining, a full-size kitchen, living room, full bath, den/office, and plenty of storage space. It has a separate entrance from the rear yard and private off-street driveway. This studio unit can generate for the owner approximately $1,600+ per month (or $19,000+ per year). With the University of Maryland nearby, there is tremendous demand for such type of rentals. The laundry room is centrally located in the foyer of the lower level. The fenced backyard includes a patio and space for gardening and outdoor activities. Because this home is situated on a corner lot, it offers plenty of front and side parking options in addition to the private driveway. Conveniently located near shopping and restaurants, this house offers easy access to major highways including the Beltway (495), I-95, New Hampshire Avenue, and Route 29, making it an easy commute to University of Maryland, downtown Silver Spring, Rockville, Bethesda, and the entire Washington, D.C. metro area. The Property is located in the Montgomery County school district.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Sump Pump, Walkout Stairs, Windows
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2140
  • Price Per Sq Ft: 356.19
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Finished Sq Ft: 540
  • Below Grade Sq Ft: 60
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9713

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Copper Plumbing, Masonry, Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Programmable Thermostat
  • 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ROSCOE NIX
  • Middle School: FRANCIS SCOTT KEY
  • High School: SPRINGBROOK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: ROSCOE NIX
  • High School: SPRINGBROOK
  • Middle Or Junior School: FRANCIS SCOTT KEY

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6991.00
  • Year Assessed: 2024
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4188.00
  • Assessor Parcel Number: 160500298455
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1599
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/18/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jul 18, 2024
Sold by
Norris Thomas A and Norris Elizabeth S
Bought by
Mekonnen Naol
Seller's Agent
Jeremy McDonough
Mr. Lister Realty
Buyer's Agent
Brandon Wagner
EXP Realty, LLC
List Price
$569,900
Sold Price
$569,900
Total Days on Market
9
Views
47
Current Estimated Value
$563,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,445
Avg. Annual Appreciation
-4.73%
Original Mortgage
$552,803
Outstanding Balance
$550,017
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$2,593

Purchase Details

Closed on
Nov 13, 2002
Sold by
Gurubatham G P G and Gurubatham M P
Bought by
Noris Thomas A and Noris Elizabeth S

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $569,900 Advantage Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,803 New Conventional
Previous Owner $90,000 Future Advance Clause Open End Mortgage
Previous Owner $244,000 New Conventional
Previous Owner $0 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $569,900 0.0% $266 / Sq Ft
05/18/2024 05/18/24 For Sale $569,900 -- $266 / Sq Ft
Source: Bright MLS

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 $4,350 $314,400 $0 $0
2023 $4,188 $302,500 $203,700 $98,800
2022 $2,305 $286,000 $0 $0
2021 $3,563 $269,500 $0 $0
2020 $3,345 $253,000 $203,700 $49,300
2019 $3,311 $253,000 $203,700 $49,300
2018 $3,598 $281,400 $203,700 $77,700
2017 $3,282 $292,000 $0 $0
2016 -- $244,667 $0 $0
2015 $3,572 $197,333 $0 $0
2014 $3,572 $206,400 $0 $0
Source: Public Records

Source: Bright MLS

MLS Number: MDMC2132812

Bright MLS

APN: 05-00298455