D
Seller's Agent in 2024
Da Li
RE/MAX
(703) 589-3099
2 in this area
50 Total Sales
823 Malibu Dr Silver Spring, MD 20901
Silver Spring Park NeighborhoodEstimated Value: $585,000 - $638,000
5
Beds
3
Baths
2,347
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Rambler Architecture
- Wood Flooring
- Montgomery Knolls Elementary School Rated A
- Backs to Trees or Woods
- 1 Fireplace
About This Home
As of December 2024Welcome to this stunning newly renovated single-family home located in one of the best Silver Spring locations in Franklin Vale with no HOA fees. This home boasts 3 bedrooms (PLUS TWO BONUS ROOMS IN THE BASEMENT) and 3 full bathrooms with plenty of space for comfortable living. On the main level, you will find the spacious master bedroom with its own full private bathroom. The kitchen has new stainless steel appliances, a quiet garbage disposal, stylish tile backsplash, e QUARTZ countertop, new soft close shaker cabinets equipped with modern cabinet pulls. There are 2 other decent sized bedrooms with a full bathroom in main level as well. All Bathrooms have been fully renovated with marble/granite/quartz vanity tops, shaker style vanity, mirrors, dual flush toilets, lighting, new tile, and new faucet/fixtures. **** There are all NEW windows throughout the property to bring in fresh, natural light to illuminate all the house. Fresh paint thought out the entire house . Freshly sanded and stained hardwood floors on main level, new LVP flooring in the basement, new lighting throughout with most being recessed, new baseboards, new door handles-hinges-door stoppers, decor light panel switches, all new receptacles, registers, and smoke detectors. The large basement features a large recreation room for entertainment that walk-out to the backyard. From the recreation from you will find 2 decent size bedrooms with a full bathroom. The washer and dryer are in the basement. There is a driveway for 1 car and plenty of street parking. It is easily accessible via the network of major roads that crisscross this area.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,785
Year Built
- Built in 1967 | Remodeled in 2024
Lot Details
- 9,135 Sq Ft Lot
- Backs to Trees or Woods
- Property is in excellent condition
- Property is zoned R60
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Combination Foundation
- Shingle Roof
Interior Spaces
- Property has 2 Levels
- Recessed Lighting
- 1 Fireplace
- Dining Area
- Gourmet Kitchen
- Basement
Flooring
- Wood
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
Accessible Home Design
- Doors swing in
Schools
- Montgomery Knolls Elementary School
- Eastern Middle School
- Montgomery Blair High School
Utilities
- Forced Air Heating and Cooling System
- Private Water Source
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Franklin Vale Subdivision
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 161301402153
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2024
Closed on
Dec 19, 2024
Sold by
Sun & Sun Corporation Inc
Bought by
Salgaonkar Nikita J and Blueitt Kalyn L
Seller's Agent
Da Li
RE/MAX Realty Centre, Inc.
Buyer's Agent
Karl Operle
Corcoran McEnearney
List Price
$599,900
Sold Price
$632,000
Premium/Discount to List
$32,100
5.35%
Total Days on Market
4
Views
60
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
-$15,539
Avg. Annual Appreciation
-6.18%
Original Mortgage
$227,520
Outstanding Balance
$226,737
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$389,724
Purchase Details
Listed on
May 25, 2024
Closed on
Aug 8, 2024
Sold by
Lee Victoria H and Piersol Victoria
Bought by
Sun & Sun Corporation Inc
Seller's Agent
Samnang Chim
Bankable Realty, LLC.
Buyer's Agent
Da Li
RE/MAX Realty Centre, Inc.
List Price
$469,000
Sold Price
$423,500
Premium/Discount to List
-$45,500
-9.7%
Views
344
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
236.40%
Original Mortgage
$450,000
Interest Rate
6.35%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Salgaonkar Nikita J | $632,000 | Smart Settlements |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salgaonkar Nikita J | $227,520 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $632,000 | +5.4% | $269 / Sq Ft |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | For Sale | $599,900 | +41.7% | $256 / Sq Ft |
| 08/08/2024 08/08/24 | Sold | $423,500 | -5.7% | $226 / Sq Ft |
| 07/11/2024 07/11/24 | Pending | -- | -- | -- |
| 07/06/2024 07/06/24 | Price Changed | $449,000 | -1.3% | $240 / Sq Ft |
| 07/03/2024 07/03/24 | Price Changed | $455,000 | -3.0% | $243 / Sq Ft |
| 06/29/2024 06/29/24 | For Sale | $469,000 | 0.0% | $251 / Sq Ft |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- |
| 05/25/2024 05/25/24 | For Sale | $469,000 | -- | $251 / 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 | $5,785 | $439,000 | $210,100 | $228,900 |
| 2023 | $4,929 | $426,833 | $0 | $0 |
| 2022 | $3,342 | $414,667 | $0 | $0 |
| 2021 | $4,337 | $402,500 | $210,100 | $192,400 |
| 2020 | $4,098 | $383,967 | $0 | $0 |
| 2019 | $3,858 | $365,433 | $0 | $0 |
| 2018 | $3,630 | $346,900 | $210,100 | $136,800 |
| 2017 | $3,663 | $342,400 | $0 | $0 |
| 2016 | -- | $337,900 | $0 | $0 |
| 2015 | $3,243 | $333,400 | $0 | $0 |
| 2014 | $3,243 | $330,933 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Da Li
-
Samnang Chim
Seller's Agent in 2024
Samnang Chim
Bankable Realty, LLC.
(301) 332-7381
1 in this area
34 Total Sales
-
Robert Dinh
Seller Co-Listing Agent in 2024
Robert Dinh
RE/MAX
(240) 888-7717
1 in this area
103 Total Sales
-
Karl Operle
Buyer's Agent in 2024
Karl Operle
McEnearney Associates
(703) 220-4663
3 in this area
92 Total Sales
Map
Similar Homes in the area
Source: Bright MLS
MLS Number: MDMC2154234
APN: 13-01402153
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