NOT LISTED FOR SALE

101 Spearmint Ln Silver Spring, MD 20905

Estimated Value: $337,000 - $354,000

2 Acres
$173,018 Price per Acre
87,120 Sq Ft Lot

Last Sold September 03, 2024

Last sale price $350,000 $191 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,204/month

900 Days on Market

About This Lot

As of September 2024

Residential Lot for Sale in DREAM location in Montgomery! Lot includes 2 acres of land subdivided into 3 separate lots on a private cul-de-sac, each at least .5 acres or larger. Ideal for builders or investors looking to build in a family friendly neighborhood! Nearby multiple shopping and dining destinations, and close to churches, mosques, golf courses, parks and elementary schools. Includes water and sewer plans, storm drain and paving plan, and site drainage plan. Lot 1: 31,425 SF - Lot 2: 20,121 SF - Lot 3: 21,599 SF. This is the land you've been searching for with a great commuter location, just off of MD-200 and New Hampshire Ave!

Last Listed By

Chris Craddock

EXP Realty, LLC License #0225207192 Listed on: 01/14/2022

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,272

Year Built

  • 1947

Lot Details

  • 2 Acre Lot
  • Property is zoned R200

Utilities

  • Water Service Lateral Not Installed
  • Lateral or Tap Off Main

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 160500263800

Property Details

Property Type

Land

Est. Annual Taxes

$3,272

Year Built

1947

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Remarks Public: Residential Lot for Sale in DREAM location in Montgomery! Lot includes 2 acres of land subdivided into 3 separate lots on a private cul-de-sac, each at least .5 acres or larger. Ideal for builders or investors looking to build in a family friendly neighborhood! Nearby multiple shopping and dining destinations, and close to churches, mosques, golf courses, parks and elementary schools. Includes water and sewer plans, storm drain and paving plan, and site drainage plan. Lot 1: 31,425 SF - Lot 2: 20,121 SF - Lot 3: 21,599 SF. This is the land you've been searching for with a great commuter location, just off of MD-200 and New Hampshire Ave!
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Price Per Sq Ft: 4.01
  • Street Number Modifier: 101

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Lateral/Tap Off Main
  • Water Source: Lateral Not Installed/Must Tap Off Main

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Year Assessed: 2023
  • Zoning: R200
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3272.00
  • Assessor Parcel Number: 160500263800
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/03/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Sep 3, 2024
Sold by
Rls Project Consulting Llc
Bought by
Hawakil Bay Park Llc
Seller's Agent
Chris Craddock
EXP Realty, LLC
Buyer's Agent
Sebrin Adem
RE/MAX Allegiance
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Total Days on Market
900
Views
450
Current Estimated Value
$346,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,963
Avg. Annual Appreciation
-1.76%
Original Mortgage
$227,500
Outstanding Balance
$161,755
Interest Rate
1.3%
Mortgage Type
New Conventional
Estimated Equity
$184,282

Purchase Details

Listed on
May 20, 2015
Closed on
Nov 3, 2015
Sold by
Rcg Development Llc
Bought by
Rls Project Consulting Llc
Seller's Agent
Charles Gilroy
REMAX Platinum Realty
Buyer's Agent
David Adebayo
RE/MAX Excellence Realty
List Price
$150,000
Sold Price
$299,990
Premium/Discount to List
$149,990
99.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%

Purchase Details

Listed on
Oct 24, 2012
Closed on
Mar 13, 2013
Sold by
Essex Bank
Bought by
Rcg Development Llc
Seller's Agent
Christian Handy
RE/MAX Metropolitan Realty
Buyer's Agent
Charles Gilroy
REMAX Platinum Realty
List Price
$225,000
Sold Price
$213,750
Premium/Discount to List
-$11,250
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Iseghohi Thomas A
Bought by
Essex Bank

Purchase Details

Closed on
Jul 14, 2006
Sold by
Hoang Long
Bought by
Iseghohi Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2006
Sold by
Hoang Long
Bought by
Iseghohi Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2005
Sold by
Chu Thuy
Bought by
Hoang Long

Purchase Details

Closed on
Jul 9, 2003
Sold by
Lee Feng and Lee Ching
Bought by
Chu Thuy

Range of Values:

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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
Hawakil Bay Park Llc $350,000 First American Title
Rls Project Consulting Llc $299,900 Fidelity Natl Title Ins Co
Rcg Development Llc $213,750 Fidelity Natl Title Ins Co
Essex Bank $220,500 None Available
Iseghohi Thomas A $785,000 --
Iseghohi Thomas A $785,000 --
Hoang Long -- --
Chu Thuy $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawakil Bay Park Llc $227,500
Previous Owner Iseghohi Thomas A $675,000
Previous Owner Iseghohi Thomas A $675,000
Previous Owner Hoang Long $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $350,000 +0.3% $191 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/07/2024 06/07/24 Price Changed $349,000 0.0% $190 / Sq Ft
06/07/2024 06/07/24 For Sale $349,000 -0.3% $190 / Sq Ft
12/06/2023 12/06/23 Off Market $350,000 -- --
10/20/2023 10/20/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $350,000 0.0% $191 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
08/04/2022 08/04/22 For Sale $350,000 0.0% $191 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
05/11/2022 05/11/22 Price Changed $350,000 -6.7% $191 / Sq Ft
03/30/2022 03/30/22 For Sale $375,000 +7.1% $204 / Sq Ft
03/29/2022 03/29/22 Off Market $350,000 -- --
03/03/2022 03/03/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $375,000 0.0% $204 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $375,000 +25.0% $204 / Sq Ft
10/30/2015 10/30/15 Sold $299,990 +100.0% $163 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $150,000 -29.8% $82 / Sq Ft
03/13/2013 03/13/13 Sold $213,750 -5.0% $116 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $225,000 -- $123 / 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
2024 $3,270 $278,800 $278,800 $0
2023 $3,272 $278,800 $278,800 $0
2022 $3,137 $278,800 $278,800 $0
2021 $3,136 $278,800 $278,800 $0
2020 $3,136 $278,800 $278,800 $0
2019 $3,134 $278,800 $278,800 $0
2018 $3,140 $278,800 $278,800 $0
2017 $3,196 $278,800 $0 $0
2016 -- $278,800 $0 $0
2015 $4,564 $278,800 $0 $0
2014 $4,564 $281,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Bright MLS

APN: 05-00263800