$320,000
SOLD SEP 3, 2024

1405 Farmcrest Way Silver Spring, MD 20905

3 Beds
3 Baths
1,060 Sq Ft
$90/mo HOA Fee

Recently Sold

$302 Per Sq Ft

7% Above List Price

3 Days on Market

Highlights

  • Colonial Architecture
  • Dr. Charles R. Drew Elementary School Rated A
  • 90% Forced Air Heating and Cooling System

About This Home

As of September 2024

Welcome to 1405 Farmcrest Way in Silver Spring! This 3-bedroom, 1 full and 2 half bathroom townhome with a finished basement is brimming with potential. With a little TLC, this property can truly shine, making it an ideal opportunity for investors or savvy buyers looking to customize and add value. Located in a prime spot, you’ll enjoy easy access to major commuter routes, shopping, dining, and top-rated schools. Don’t miss out on the chance to turn this diamond in the rough into a brilliant investment! * *Newer windows and roof**
Don’t miss out on this prime opportunity—schedule your showing today!

Last Agent to Sell the Property

Helene Zrihen

Berkshire Hathaway HomeServices PenFed Realty License #583563

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Daniel Kotz

Douglas Elliman of Metro DC, LLC - Bethesda License #Sp200202641

Douglas Elliman of Metro DC, LLC - Bethesda

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1983

Lot Details

  • 1,500 Sq Ft Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Oak Springs Subdivision

Listing and Financial Details

  • Tax Lot 269
  • Assessor Parcel Number 160502258291

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,244

Year Built

Built in 1983

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-08-09
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1405 Farmcrest Way in Silver Spring! This 3-bedroom, 1 full and 2 half bathroom townhome with a finished basement is brimming with potential. With a little TLC, this property can truly shine, making it an ideal opportunity for investors or savvy buyers looking to customize and add value. Located in a prime spot, you’ll enjoy easy access to major commuter routes, shopping, dining, and top-rated schools. Don’t miss out on the chance to turn this diamond in the rough into a brilliant investment! * *Newer windows and roof** Don’t miss out on this prime opportunity—schedule your showing today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 1580
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 283.02
  • Above Grade Finished Sq Ft: 1060
  • Below Grade Sq Ft: 520
  • Total Below Grade Sq Ft: 520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1405

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 90.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Year Assessed: 2024
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3244.00
  • Assessor Parcel Number: 160502258291
  • Tax Lot: 269
  • Tax Total Finished Sq Ft: 1060
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/03/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $320,000 +6.7% $302 / Sq Ft
08/14/2024 08/14/24 Off Market $300,000 -- --
08/13/2024 08/13/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $300,000 -- $283 / 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 $3,568 $279,000 $0 $0
2023 $2,552 $252,500 $138,000 $114,500
2022 $2,376 $248,367 $0 $0
2021 $2,215 $244,233 $0 $0
2020 $2,215 $240,100 $138,000 $102,100
2019 $2,142 $234,500 $0 $0
2018 $2,076 $228,900 $0 $0
2017 $2,059 $223,300 $0 $0
2016 -- $209,533 $0 $0
2015 $2,125 $195,767 $0 $0
2014 $2,125 $182,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,000 New Conventional
Previous Owner $66,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $320,000 First American Title
Deed $112,100 --
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2143166

Bright MLS

APN: 05-02258291