NOT LISTED FOR SALE

3615 Edelmar Terrace Silver Spring, MD 20906

Estimated Value: $445,317 - $475,000

3 Beds
2 Baths
1,193 Sq Ft
$390/Sq Ft Est. Value

Last Sold January 16, 2025

Last sale price $470,000 $394 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,908/month

6 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Bar or Lounge
  • Senior Living
  • Clubhouse

About This Home

As of January 2025

Gated 55+ Active Adult Community. Cabot model (1193 square feet). 3 bedroom 2 bath patio home. Bright Sunroom addition with a skylight. Updated kitchen with newer stainless steel appliances and quartz countertops and partially opens to the dining area. Combination dining area and living room with wood burning fireplace. LVP flooring throughout. Updated bathrooms. Spacious attached 2 car garage with built-in shelves. Clubhouse 1 is nearby and has 3 restaurants an outdoor pool and lanai, art studio, library, and ballroom. Clubhouse 2 includes an indoor pool, fitness center, ceramic shop, ping pong rooms and auditorium. Additional amenities include: walking paths, 18 hole golf course, tennis courts shuttle bus transportation, 24 hour security, Monthly fee covers all utilities, basic cable, high speed internet, and much more.

Last Listed By

Jesse Harris

Weichert, REALTORS Listed on: 12/24/2024

Weichert, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1971

Lot Details

  • 8,189

HOA Fees

  • $941 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,193 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161301467991

Community Details

Overview

  • Senior Living
  • Association fees include air conditioning, cable TV, common area maintenance, electricity, health club, heat, lawn maintenance, pool(s), security gate, sewer, snow removal, trash, water
  • Senior Community | Residents must be 55 or older
  • Leisure World Subdivision, Cabot Floorplan

Amenities

  • Bank or Banking On-Site
  • Clubhouse
  • Billiard Room
  • Community Center
  • Art Studio
  • Bar or Lounge

Recreation

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

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,450

Year Built

Built in 1971

Lot Details

0

HOA Fees

$941 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: Gated 55+ Active Adult Community. Cabot model (1193 square feet). 3 bedroom 2 bath patio home. Bright Sunroom addition with a skylight. Updated kitchen with newer stainless steel appliances and quartz countertops and partially opens to the dining area. Combination dining area and living room with wood burning fireplace. LVP flooring throughout. Updated bathrooms. Spacious attached 2 car garage with built-in shelves. Clubhouse 1 is nearby and has 3 restaurants an outdoor pool and lanai, art studio, library, and ballroom. Clubhouse 2 includes an indoor pool, fitness center, ceramic shop, ping pong rooms and auditorium. Additional amenities include: walking paths, 18 hole golf course, tennis courts shuttle bus transportation, 24 hour security, Monthly fee covers all utilities, basic cable, high speed internet, and much more.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1193
  • Living Area Sq Ft: 1193
  • Price Per Sq Ft: 389.77
  • Above Grade Finished Sq Ft: 1193
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3615

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 941.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Art Studio, Bank / Banking On-Site, Bar/Lounge, Billiard Room, Cable, Club House, Community Center, Fitness Center, Gated Community, Golf Course, Golf Course Membership Available, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Retirement Community, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Health Club, Heat, Lawn Maintenance, Pool(s), Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: 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: U
  • Year Assessed: 2024
  • Zoning: PRC
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4450.00
  • Assessor Parcel Number: 161301467991
  • Tax Total Finished Sq Ft: 1193
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/16/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2024
Closed on
Jan 16, 2025
Sold by
Silva Anna Katherine and Albright Anne K
Bought by
Chaikind Hinda R
Seller's Agent
Jesse Harris
Weichert, REALTORS
Buyer's Agent
Richard Winkler
Weichert, REALTORS
List Price
$465,000
Sold Price
$470,000
Premium/Discount to List
$5,000
1.08%
Total Days on Market
6
Views
48
Current Estimated Value
$465,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,921
Avg. Annual Appreciation
-3.82%

Purchase Details

Closed on
Jul 22, 2024
Sold by
Nichols Janice
Bought by
Silva Anna Katherine

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 29, 2018
Sold by
Brown Pamila J
Bought by
Nichols Janice
Seller's Agent
Carolyn Thompson
REAL ESTATE SEARCH AND SALE LLC
Buyer's Agent
Mike Saleh
Open Real Estate, INC
List Price
$395,000
Sold Price
$322,500
Premium/Discount to List
-$72,500
-18.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$258,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Berilla Thomas
Bought by
Brown William

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
Chaikind Hinda R -- Old Republic National Title
Chaikind Hinda R -- Old Republic National Title
Silva Anna Katherine $455,000 None Listed On Document
Nichols Janice $322,500 Old Republic Natl Title Ins
Brown William $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichols Janice $255,000
Previous Owner Nichols Janice $258,000
Previous Owner Brown William $131,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $470,000 +1.1% $394 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/24/2024 12/24/24 For Sale $465,000 +44.2% $390 / Sq Ft
11/02/2018 11/02/18 Sold $322,500 -4.9% $270 / Sq Ft
10/04/2018 10/04/18 Price Changed $339,000 -2.9% $284 / Sq Ft
09/21/2018 09/21/18 Price Changed $349,000 -4.4% $293 / Sq Ft
09/07/2018 09/07/18 Price Changed $365,000 -7.6% $306 / Sq Ft
08/24/2018 08/24/18 For Sale $395,000 -- $331 / 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 $4,450 $370,000 $111,000 $259,000
2023 $3,428 $346,667 $0 $0
2022 $2,996 $323,333 $0 $0
2021 $2,730 $300,000 $90,000 $210,000
2020 $2,542 $283,333 $0 $0
2019 $4,708 $266,667 $0 $0
2018 $2,175 $250,000 $75,000 $175,000
2017 $1,974 $236,667 $0 $0
2016 -- $223,333 $0 $0
2015 $1,932 $210,000 $0 $0
2014 $1,932 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2159064

Bright MLS

APN: 13-01467991