NOT LISTED FOR SALE

9940 Cottrell Terrace Silver Spring, MD 20903

Oakview Neighborhood

Estimated Value: $429,000 - $502,011

4 Beds
2 Baths
1,287 Sq Ft
$372/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $245,000 $190 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,879/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • 1 Fireplace
  • Springbrook High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2013

Shows extremely well. This property is eligible under the Freddie Mac First Look Initiative to 08/10/2013. Investor offers will be considered after 08/10/2013 if an owner occupant offer has not been accepted. Buyer will be required to sign Affidavit of Owner Occupancy if offer is submitted during the First Initiative period. Sold strictly As Is.

Last Agent to Sell the Property

Nick Carras

(301) 606-4008 nick@nickcarras.com RE/MAX Results Listed on: 07/26/2013

RE/MAX Results

Last Buyer's Agent

David Hood

(202) 251-4162 david.hood@longandfoster.com Long & Foster Real Estate, Inc. License #97725

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1950 | Remodeled in 2013

Lot Details

  • 6,270 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Oakview Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 160500299118

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,900

Year Built

Built in 1950 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1950
  • Year Renovated: 2013
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Dining Area, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • 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: 368.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 43800.00
  • Land Assessed Value: 175000.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6270
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6270.00
  • Property Condition: Very Good
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13837669
  • Tax Annual Amount: 2900.00
  • Assessor Parcel Number: 160500299118
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Sep 13, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dawson Shawndell N and Washington Damion N
Seller's Agent
Nick Carras
RE/MAX Results
Buyer's Agent
David Hood
Long & Foster Real Estate, Inc.
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%
Current Estimated Value
$479,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,003
Avg. Annual Appreciation
5.62%
Original Mortgage
$240,562
Interest Rate
4.58%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2012
Sold by
Velasquez Javier
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 11, 2006
Sold by
Trotta Rose M
Bought by
Velasquez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,600
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2006
Sold by
Trotta Rose M
Bought by
Velasquez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,600
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dawson Shawndell N $245,000 None Available
Federal Home Loan Mortgage Corporation $195,500 None Available
Velasquez Javier $283,500 --
Velasquez Javier $283,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dawson Shawndell N $7,350
Previous Owner Dawson Shawndell N $240,562
Previous Owner Velasquez Javier $56,600
Previous Owner Velasquez Javier $226,800
Previous Owner Velasquez Javier $226,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2013 10/04/13 Sold $245,000 +2.1% $190 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $239,900 -- $186 / 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 $4,510 $358,000 -- --
2024 $4,510 $334,200 $0 $0
2023 $4,216 $310,400 $200,300 $110,100
2022 $3,921 $301,567 $0 $0
2021 $3,632 $292,733 $0 $0
2020 $3,632 $283,900 $200,300 $83,600
2019 $3,599 $283,900 $200,300 $83,600
2018 $3,573 $283,900 $200,300 $83,600
2017 $3,883 $307,400 $0 $0
2016 -- $277,867 $0 $0
2015 $3,500 $248,333 $0 $0
2014 $3,500 $218,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Carras

    Seller's Agent in 2013

    Nick Carras

    RE/MAX

    (301) 606-4008

    41 Total Sales

    Nick Carras
    Section Image

  • D

    Buyer's Agent in 2013

    David Hood

    Long & Foster

    (202) 251-4162

    11 Total Sales

    David Hood
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003642740

Bright MLS

APN: 05-00299118

Maryland Montgomery County Silver Spring 20903 Oakview

9940 Cottrell Terrace, Silver Spring, MD

Not Listed for Sale

Detached

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