NOT LISTED FOR SALE

Estimated Value: $507,805 - $536,000

3 Beds
2 Baths
1,228 Sq Ft
$425/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $530,000 $432 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,970/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Roscoe R. Nix Elementary School Rated A-
  • Main Floor Bedroom
  • 1 Car Detached Garage

About This Home

As of October 2024

OFFER DEADLINE - MONDAY, SEPT 9 at 4PM. Welcome to 707 Northwest Drive, a beautifully maintained residence nestled in the heart of Silver Spring. This inviting 3-bedroom, 2-bathroom home perfectly blends comfort and convenience, ideal for both relaxing and entertaining.

Step inside to discover a spacious living area bathed in natural light, featuring a cozy fireplace perfect for those chilly evenings. The updated kitchen boasts modern appliances, ample cabinetry, and easy access to the backyard, making outdoor gatherings a breeze. The first floor also includes two nicely sized bedrooms and a full bath.

Downstairs, you'll find an additional bedroom and full bath, along with a large family room that offers plenty of space for relaxation or play. An additional storage area and laundry room complete the lower level.

Outside, the large private backyard provides a tranquil retreat with a well-maintained lawn and a spacious deck, ideal for barbecues or simply enjoying the fresh air.

Conveniently located just minutes away from local parks, shopping, and dining, this home also offers easy access to major roads and public transportation, making commuting a breeze.

Don’t miss the opportunity to make this charming home yours, with its perfect mix of location, comfort, and style.

Last Listed By

Heather Foley Christina Cachie

Compass License #SP40001972 Listed on: 09/05/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $731

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R90

Parking

  • 1 Car Detached Garage
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Rear Basement Entry
  • Laundry in Basement
  • Basement Windows

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Burnt Mills Gar Vill Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160500294413

Home Details

Home Type

Single Family

Est. Annual Taxes

$731

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-09-05
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: OFFER DEADLINE - MONDAY, SEPT 9 at 4PM. Welcome to 707 Northwest Drive, a beautifully maintained residence nestled in the heart of Silver Spring. This inviting 3-bedroom, 2-bathroom home perfectly blends comfort and convenience, ideal for both relaxing and entertaining. Step inside to discover a spacious living area bathed in natural light, featuring a cozy fireplace perfect for those chilly evenings. The updated kitchen boasts modern appliances, ample cabinetry, and easy access to the backyard, making outdoor gatherings a breeze. The first floor also includes two nicely sized bedrooms and a full bath. Downstairs, you'll find an additional bedroom and full bath, along with a large family room that offers plenty of space for relaxation or play. An additional storage area and laundry room complete the lower level. Outside, the large private backyard provides a tranquil retreat with a well-maintained lawn and a spacious deck, ideal for barbecues or simply enjoying the fresh air. Conveniently located just minutes away from local parks, shopping, and dining, this home also offers easy access to major roads and public transportation, making commuting a breeze. Don’t miss the opportunity to make this charming home yours, with its perfect mix of location, comfort, and style.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Interior Access, Partially Finished, Rear Entrance, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 1776
  • Living Area Sq Ft: 1228
  • Price Per Sq Ft: 546.17
  • Above Grade Finished Sq Ft: 888
  • Below Grade Finished Sq Ft: 340
  • Below Grade Sq Ft: 548
  • Total Below Grade Sq Ft: 888
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 707

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: E
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Year Assessed: 2024
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 731.00
  • Assessor Parcel Number: 160500294413
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1228
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 10/09/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 4, 2024
Sold by
Nepal Living Trust and Peacock Celia
Bought by
Bovee Robert Lee and Keene Jo-Ann Nellie
Seller's Agent
Heather Foley Christina Cachie
Compass
Buyer's Agent
James Miranda
Berkshire Hathaway HomeServices PenFed Realty
List Price
$485,000
Sold Price
$530,000
Premium/Discount to List
$45,000
9.28%
Total Days on Market
3
Views
554
Current Estimated Value
$522,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,799
Avg. Annual Appreciation
-2.76%
Original Mortgage
$547,490
Outstanding Balance
$544,228
Interest Rate
6.08%
Mortgage Type
VA
Estimated Equity
-$22,027

Purchase Details

Closed on
Aug 24, 2022
Sold by
Reed Daniel H
Bought by
Nepal Living Trust

Purchase Details

Closed on
Jun 12, 2001
Sold by
Wells Kirk D and Wells G L
Bought by
Reed Daniel H

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
Bovee Robert Lee $530,000 First American Title
Nepal Living Trust -- --
Reed Daniel H $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bovee Robert Lee $547,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $530,000 +9.3% $432 / Sq Ft
09/05/2024 09/05/24 For Sale $485,000 -- $395 / 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 $731 $356,267 $0 $0
2023 $5,208 $330,900 $221,300 $109,600
2022 $3,538 $324,100 $0 $0
2021 $2,182 $317,300 $0 $0
2020 $2,182 $310,500 $221,300 $89,200
2019 $4,274 $307,833 $0 $0
2018 $4,198 $305,167 $0 $0
2017 $4,211 $302,500 $0 $0
2016 -- $283,367 $0 $0
2015 $2,979 $264,233 $0 $0
2014 $2,979 $245,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2145890

Bright MLS

APN: 05-00294413