NOT LISTED FOR SALE

3511 Forest Edge Dr Silver Spring, MD 20906

Estimated Value: $167,456 - $182,000

1 Bed
1.5 Baths
946 Sq Ft
$795/mo HOA Fee

Last Sold November 13, 2024

Last sale price $178,000 $188 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,874/month

41 Days on Market

Highlights

  • Bar or Lounge
  • Newspaper Service
  • Gated Community
  • Fitness Center
  • Senior Living
  • Clubhouse

About This Home

As of November 2024

Offers will be presented 12pm Friday, November1. Best one-bedroom in Leisure World, a 55+ gated active adult community! ALL UTILITIES ARE INCLUDED PLUS CARPORT PARKING in this spacious and updated Cordoba Villa model, featuring a large bedroom with en suite bath, dressing area, and ample closets. The open living/dining area leads to a walk-out patio, ideal for dog owners, walkers, and bikers, with serene views of deer and a beautiful crape myrtle. Recent upgrades include a 2023 HVAC system, fresh paint, neutral carpet, modern lighting, and 2024 kitchen updates like a new disposal and faucet. Carport parking is close by, with plenty of extra parking in the lot. Enjoy Leisure World of MD’s fantastic amenities, including two clubhouses, pools, restaurants, golf membership available, state of the art fitness center, and more. Perfect for an active, comfortable lifestyle! Leisure World purchasers pay two fees at settlement: $350 membership transfer fee and a contribution to the resale improvement fund of 3% of the gross sales price.

Last Listed By

Carmen Murphy

Samson Properties License #524875 Listed on: 09/21/2024

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1977

Lot Details

  • 2,352

HOA Fees

  • $795 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 946 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Parking

  • Assigned parking located at #1F
  • 1 Detached Carport Space
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Doors swing in

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161301750664

Community Details

Overview

  • Senior Living
  • $400 Elevator Use Fee
  • $5,130 Capital Contribution Fee
  • Association fees include security gate, snow removal, pool(s), water, road maintenance, insurance, management, pest control, electricity, exterior building maintenance, heat, high speed internet, cable TV, bus service, air conditioning, common area maintenance, lawn maintenance, reserve funds, sewer, trash
  • $350 Other One-Time Fees
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Rossmoor Mutual #14 Subdivision

Amenities

  • Newspaper Service
  • Common Area
  • Bank or Banking On-Site
  • Clubhouse
  • Community Center
  • Meeting Room
  • Art Studio
  • Bar or Lounge
  • Community Storage Space

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Pool Membership Available
  • Jogging Path

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,270

Year Built

Built in 1977

Lot Details

0

HOA Fees

$795 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Doors - Swing In, Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-09-22
  • Year Built: 1977
  • Assigned Parking Space Numbers: 1F
  • Automatically Close On Close Date: No
  • Remarks Public: Offers will be presented 12pm Friday, November1. Best one-bedroom in Leisure World, a 55+ gated active adult community! ALL UTILITIES ARE INCLUDED PLUS CARPORT PARKING in this spacious and updated Cordoba Villa model, featuring a large bedroom with en suite bath, dressing area, and ample closets. The open living/dining area leads to a walk-out patio, ideal for dog owners, walkers, and bikers, with serene views of deer and a beautiful crape myrtle. Recent upgrades include a 2023 HVAC system, fresh paint, neutral carpet, modern lighting, and 2024 kitchen updates like a new disposal and faucet. Carport parking is close by, with plenty of extra parking in the lot. Enjoy Leisure World of MD’s fantastic amenities, including two clubhouses, pools, restaurants, golf membership available, state of the art fitness center, and more. Perfect for an active, comfortable lifestyle! Leisure World purchasers pay two fees at settlement: $350 membership transfer fee and a contribution to the resale improvement fund of 3% of the gross sales price.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 946
  • Living Area Sq Ft: 946
  • Price Per Sq Ft: 180.76
  • Above Grade Finished Sq Ft: 946
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3511

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Limited Common Elements
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport, Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 795.00
  • Condo Co-Op Fee Frequency: Monthly
  • Elevator Use Fee: 400.00
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Bar/Lounge, Cable, Club House, Common Grounds, Community Center, Extra Storage, Fitness Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Newspaper Service, Pool Mem Avail, Reserved/Assigned Parking, Security, Tennis Courts, Art Studio, Elevator, Meeting Room, Pool - Outdoor, Retirement Community
  • HOA Condo Co-Op Fee Includes: Security Gate, Snow Removal, Pool(s), Water, Road Maintenance, Insurance, Management, Pest Control, Electricity, Ext Bldg Maint, Heat, High Speed Internet, Cable Tv, Bus Service, Air Conditioning, Common Area Maintenance, Lawn Maintenance, Reserve Funds, Sewer, Trash
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 350.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 5130.00

Schools

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

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Pets: Breed Restrictions, Cats Ok, Dogs Ok, Size/Weight Restriction, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1270.00
  • Assessor Parcel Number: 161301750664
  • Tax Total Finished Sq Ft: 946
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 11/13/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2024
Closed on
Nov 13, 2024
Sold by
Meinz Mary A
Bought by
Whisman Benko Elizabeth and Whisman Helen Helen
Seller's Agent
Carmen Murphy
Samson Properties
Buyer's Agent
Ashley Veith
RLAH @properties
List Price
$171,000
Sold Price
$178,000
Premium/Discount to List
$7,000
4.09%
Total Days on Market
41
Views
29
Current Estimated Value
$174,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,386
Avg. Annual Appreciation
-4.27%

Purchase Details

Listed on
May 13, 2023
Closed on
Jun 20, 2023
Sold by
Killerlain Martin T
Bought by
Meinz Mary A
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Carmen Murphy
Samson Properties
List Price
$160,000
Sold Price
$165,322
Premium/Discount to List
$5,322
3.33%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Aug 25, 2014
Sold by
Killerlain Martin T
Bought by
Killerlain Martin T and Killerlain Maura Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Wolins Sidney
Bought by
Killerlain Martin T

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
Whisman Benko Elizabeth $178,000 Main Street Settlements
Whisman Benko Elizabeth $178,000 Main Street Settlements
Meinz Mary A $165,322 Main Street Settlements
Killerlain Martin T -- None Available
Killerlain Martin T $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Killerlain Martin T $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $178,000 +4.1% $188 / Sq Ft
09/21/2024 09/21/24 For Sale $171,000 +3.4% $181 / Sq Ft
06/20/2023 06/20/23 Sold $165,322 +3.3% $175 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $160,000 -3.2% $169 / Sq Ft
05/13/2023 05/13/23 Off Market $165,322 -- --
05/13/2023 05/13/23 For Sale $160,000 -- $169 / 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 $1,270 $105,000 $31,500 $73,500
2023 $0 $103,333 $0 $0
2022 $819 $101,667 $0 $0
2021 $1,154 $100,000 $30,000 $70,000
2020 $615 $91,667 $0 $0
2019 $967 $83,333 $0 $0
2018 $876 $75,000 $22,500 $52,500
2017 $793 $70,000 $0 $0
2016 -- $65,000 $0 $0
2015 $1,017 $60,000 $0 $0
2014 $1,017 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2146596

Bright MLS

APN: 13-01750664