Seller's Agent in 2023
David Alvarado
Fairfax Realty Premier
(240) 997-9506
1 in this area
27 Total Sales
3729 Castle Terrace Unit 122-15 Silver Spring, MD 20904
Fairland NeighborhoodEstimated Value: $366,000 - $398,000
3
Beds
3.5
Baths
1,770
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Paint Branch High School Rated A-
- Air Source Heat Pump
About This Home
As of November 20233 Bedroom, 3.5 bathroom townhome/condo with roughly 1800 SF of finished area located in the Ventura Condominium development of Silver Spring. The home has been maintained over the years and is a clean slate for the next owner to make their touches over time. The home features a great layout with 3 nicely sized bedrooms, 3 FULL bathrooms, and a main level 1/2 bath for guests. Additionally the basement has been fully finished and features an office and living area along with a sliding door walking out to a back deck. Great opportunity for a first time home buyer! Being sold as-is and condominium is not FHA approved.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,115
Year Built
- Built in 1983
Lot Details
- Property is in good condition
HOA Fees
- $161 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- Property has 3 Levels
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Connecting Stairway
- Interior Basement Entry
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
Schools
- Greencastle Elementary School
- Benjamin Banneker Middle School
- Paint Branch High School
Utilities
- Air Source Heat Pump
- Back Up Electric Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 160502279282
Community Details
Overview
- Association fees include lawn care front, lawn maintenance
- Ventura Condominium Condos
- Ventura Codm Community
- Ventura Codm Subdivision
Amenities
- Common Area
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2023
Closed on
Nov 22, 2023
Sold by
Nwankwo Uzoma C
Bought by
Desta Yakob
Seller's Agent
David Alvarado
Fairfax Realty Premier
Buyer's Agent
Tigist Akele
Smart Realty, LLC
List Price
$339,900
Sold Price
$361,000
Premium/Discount to List
$21,100
6.21%
Total Days on Market
2
Views
372
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,910
Avg. Annual Appreciation
4.55%
Original Mortgage
$25,000
Outstanding Balance
$24,697
Interest Rate
7.63%
Estimated Equity
$360,213
Purchase Details
Closed on
May 2, 2005
Sold by
Nwankwo Theodora O
Bought by
Nwankwo Theodora O
Purchase Details
Closed on
Feb 2, 2005
Sold by
Nwankwo Theodora O
Bought by
Nwankwo Theodora O
Purchase Details
Closed on
Feb 4, 2000
Sold by
Menditch Frank N
Bought by
Nwankwo Theodora O
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desta Yakob | $361,000 | Realty Title | |
| Nwankwo Theodora O | -- | -- | |
| Nwankwo Theodora O | -- | -- | |
| Nwankwo Theodora O | $124,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desta Yakob | $25,000 | |
| Open | Desta Yakob | $335,730 | |
| Closed | Desta Yakob | $25,000 | |
| Previous Owner | Nwankwo Theodora O | $188,292 | |
| Previous Owner | Nwankwo Uzoma C | $193,000 | |
| Previous Owner | Nwankwo Theodora O | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2023 11/22/23 | Sold | $361,000 | +6.2% | $204 / Sq Ft |
| 09/21/2023 09/21/23 | For Sale | $339,900 | -- | $192 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,650 | $283,333 | $0 | $0 |
| 2023 | $3,437 | $266,667 | $0 | $0 |
| 2022 | $2,015 | $250,000 | $75,000 | $175,000 |
| 2021 | $2,992 | $243,333 | $0 | $0 |
| 2020 | $2,895 | $236,667 | $0 | $0 |
| 2019 | $5,618 | $230,000 | $69,000 | $161,000 |
| 2018 | $2,658 | $216,667 | $0 | $0 |
| 2017 | $1,753 | $203,333 | $0 | $0 |
| 2016 | -- | $190,000 | $0 | $0 |
| 2015 | $1,811 | $190,000 | $0 | $0 |
| 2014 | $1,811 | $190,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Alvarado
-
Tigist Akele
Buyer's Agent in 2023
Tigist Akele
Smart Realty, LLC
(240) 779-4323
8 in this area
98 Total Sales
Map
Similar Homes in Silver Spring, MD
Source: Bright MLS
MLS Number: MDMC2107978
APN: 05-02279282
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