NOT LISTED FOR SALE

3737 Ferrara Dr Silver Spring, MD 20906

North Kensington Neighborhood

Estimated Value: $493,252 - $536,000

3 Beds
3 Baths
2,100 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $525,000 $250 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,407/month

About This Home

As of October 2024

Welcome home to this light filled, brick front, end unit townhome in Garret Forest. This home has been lovingly cared for and maintained by the original owner. Recent updates include fresh paint, new carpet, flooring, recessed lighting throughout, and windows replaced 2023. The spacious main level has your formal dining and living areas, an updated kitchen featuring newer appliances, and a convenient half bath. Walkout to a large deck, perfect for grilling and entertaining. Upstairs you will find the owners bedroom with en suite bath, 2 additional comfortable size bedrooms, and a shared full bathroom. The lower level includes a fully finished walkout basement, a den perfect for use as a guest room or office space, laundry area with plenty of storage, and a bonus partially finished half bath. The fully fenced backyard is just another bonus! Enjoy the convenience of two assigned parking spaces, guest parking, and a community pool just steps away. This townhome is conveniently located between Rockville and the Kensington-Silver Spring corridor. Prime commuter location with easy access to I-495, I-270, and MD-200.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Dec 1, 2024
Sold by
Yimam Meron S
Bought by
Yimam Meron S and Admassie Bitania B
Seller's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
Buyer's Agent
Solomon Laieke
Samson Properties
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Views
60
Current Estimated Value
$518,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,187
Avg. Annual Appreciation
-4.12%
Original Mortgage
$287,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 24, 2024
Sold by
Baker Dana L
Bought by
Yimam Meron S
Seller's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
Buyer's Agent
Solomon Laieke
Samson Properties
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yimam Meron S -- None Listed On Document
Yimam Meron S -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Dana L $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $525,000 +5.2% $375 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $499,000 -- $356 / Sq Ft

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 $4,718 $364,600 $160,000 $204,600
2023 $3,973 $361,500 $0 $0
2022 $3,722 $358,400 $0 $0
2021 $3,432 $355,300 $160,000 $195,300
2020 $3,432 $340,267 $0 $0
2019 $3,241 $325,233 $0 $0
2018 $3,055 $310,200 $150,000 $160,200
2017 $2,938 $294,867 $0 $0
2016 -- $279,533 $0 $0
2015 $2,718 $264,200 $0 $0
2014 $2,718 $262,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Troyce Gatewood

    Seller's Agent in 2024

    Troyce Gatewood

    Real Broker, LLC - Frederick

    (301) 329-6193

    2 in this area

    1,061 Total Sales

    Troyce Gatewood
    Section Image
  • Solomon Laieke

    Buyer's Agent in 2024

    Solomon Laieke

    Samson Properties

    (301) 460-1433

    1 in this area

    27 Total Sales

    Solomon Laieke
    Section Image
See All Agents

Map

Maryland Montgomery County Silver Spring 20906 North Kensington

3737 Ferrara Dr, Silver Spring, MD

Homes for Sale in Silver Spring, MD

This home is located at 3737 Ferrara Dr, Silver Spring, MD 20906 and is currently estimated at $518,813, approximately $247 per square foot. 3737 Ferrara Dr is a home located in Montgomery County with nearby schools including Viers Mill Elementary School, A. Mario Loiederman Middle School, and Wheaton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.