NOT LISTED FOR SALE

Estimated Value: $688,000 - $777,000

4 Beds
4 Baths
2,712 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $650,000 $240 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,490/month

35 Days on Market

Highlights

  • Gourmet Country Kitchen
  • Open Floorplan
  • Deck
  • Montgomery Knolls Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of May 2023

Gorgeous Colonial Home in Fairway, Silver Spring! A wonderful space for entertaining and spending time with loved ones. Living Room area is located near the front of the house, with a sliding door leading to the deck at the back, this would be a great place to relax and enjoy the outdoors. An open concept kitchen with plenty of cabinetry and new stainless-steel appliances, I'm sure this will be a favorite spot for many people in the home. An eat -in kitchen with a wood-burning fireplace in the middle: cozy and inviting space, perfect for enjoying meals with loved ones and staying warm during the colder months.
Having an in-law suite on the main level means that allows for more privacy and autonomy for the guests or family members staying there. This type of space can also be used as a home office, a playroom, or a guest room for visitors who come to stay for an extended period of time. The recent updates to the house including NEW FLOORING, FRESH PAINT , and RENOVATED BATHROOMS AND KITCHEN are all great additions that can add value to the property and make it more comfortable to live in. This house has a lot of great features and updates that would make it a desirable place to live, especially for those who need to commute to D.C. or other surrounding areas, easy access to Metro Stations and Major Highways: I-495 and I-95.

Last Agent to Sell the Property

Sineenat Sirimas

(571) 424-9465 fahsirimas@gmail.com Pearson Smith Realty, LLC License #0225231619 Listed on: 03/17/2023

Pearson Smith Realty, LLC

Last Buyer's Agent

MAKENZY TESSIER

(404) 563-6302 makenzytessier@yahoo.com Samson Properties License #5003016

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,439

Year Built

  • Built in 1984 | Remodeled in 2022

Lot Details

  • 5,148 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in excellent condition
  • Property is zoned R60

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Wood Burning Fireplace
  • Brick Fireplace
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Garden Views
  • Fire and Smoke Detector
  • Dryer
  • Attic

Kitchen

  • Gourmet Country Kitchen
  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Soaking Tub
  • Bathtub with Shower

Finished Basement

  • Interior and Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Crawl Space

Parking

  • Driveway
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Fairway Subdivision

Listing and Financial Details

  • Tax Lot P12
  • Assessor Parcel Number 161301108407

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,439

Year Built

Built in 1984 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: washer, dryer, dishwasher, Refrigerator, disposal, microwave, stove
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-03-17
  • Federal Flood Zone: No
  • Year Built: 1984
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Gorgeous Colonial Home in Fairway, Silver Spring! A wonderful space for entertaining and spending time with loved ones. Living Room area is located near the front of the house, with a sliding door leading to the deck at the back, this would be a great place to relax and enjoy the outdoors. An open concept kitchen with plenty of cabinetry and new stainless-steel appliances, I'm sure this will be a favorite spot for many people in the home. An eat -in kitchen with a wood-burning fireplace in the middle: cozy and inviting space, perfect for enjoying meals with loved ones and staying warm during the colder months. Having an in-law suite on the main level means that allows for more privacy and autonomy for the guests or family members staying there. This type of space can also be used as a home office, a playroom, or a guest room for visitors who come to stay for an extended period of time. The recent updates to the house including NEW FLOORING, FRESH PAINT , and RENOVATED BATHROOMS AND KITCHEN are all great additions that can add value to the property and make it more comfortable to live in. This house has a lot of great features and updates that would make it a desirable place to live, especially for those who need to commute to D.C. or other surrounding areas, easy access to Metro Stations and Major Highways: I-495 and I-95.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Soaking Tub, Tub Shower, Upgraded Countertops
  • Window Features: Wood Frame
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space, Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Interior Access, Rear Entrance, Improved, Sump Pump
  • Laundry Type: Basement
  • Total Sq Ft: 3328
  • Living Area Sq Ft: 2712
  • Price Per Sq Ft: 322.04
  • Above Grade Finished Sq Ft: 2096
  • Below Grade Finished Sq Ft: 616
  • Below Grade Sq Ft: 616
  • Total Below Grade Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9915

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • View: Garden/Lawn, Street
  • 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, Off Site, On Street

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Central, Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 346000.00
  • Land Assessed Value: 204700.00
  • Land Use Code: R
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5148.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14014278
  • Tax Annual Amount: 5439.00
  • Assessor Parcel Number: 161301108407
  • Tax Lot: P12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/22/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 22, 2023
Sold by
Suvannangkoon Kanlaya
Bought by
Gezmu Ribka and Teshome Fissha Seyoum
Seller's Agent
Sineenat Sirimas
Pearson Smith Realty, LLC
Buyer's Agent
MAKENZY TESSIER
Samson Properties
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
60
Current Estimated Value
$742,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,663
Avg. Annual Appreciation
5.81%
Original Mortgage
$520,000
Outstanding Balance
$505,788
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$236,875

Purchase Details

Closed on
Jul 16, 1998
Sold by
Karl J Graham
Bought by
Kanlaya Suvannangkoon
Source: Public Records

Range of Values:

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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
Gezmu Ribka $650,000 Old Republic National Title In
Gezmu Ribka $650,000 Old Republic National Title In
Kanlaya Suvannangkoon $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gezmu Ribka $520,000
Closed Gezmu Ribka $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $650,000 -3.7% $240 / Sq Ft
03/31/2023 03/31/23 Price Changed $675,000 -3.4% $249 / Sq Ft
03/17/2023 03/17/23 For Sale $699,000 -- $258 / 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 $6,622 $550,700 $204,700 $346,000
2024 $6,622 $511,700 $0 $0
2023 $6,149 $472,700 $0 $0
2022 $3,496 $433,700 $204,700 $229,000
2021 $3,927 $416,033 $0 $0
2020 $4,949 $398,367 $0 $0
2019 $4,719 $380,700 $190,100 $190,600
2018 $4,695 $380,700 $190,100 $190,600
2017 $3,927 $380,700 $0 $0
2016 -- $384,100 $0 $0
2015 $4,646 $384,100 $0 $0
2014 $4,646 $384,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2084902

Bright MLS

APN: 13-01108407