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1023 Kathryn Road

1023 Kathryn Road, Silver Spring, MD 20904
Property in White Oak
Sold Dec 07, 2021
$580,000
$464,000 by United Wholesale Mortgage
Mortgage Due Jan 01, 2042
Sold Sep 12, 1989
$160,500
Local assessors in Silver Spring, MD have categorized 1023 Kathryn Road as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 11,113 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1023 Kathryn Road has a total of 1,976 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1023 Kathryn Road was last sold in Dec 1, 2021 for $580,000. According to our calculations, that's $293.52 per sqft. Prior to that sales transaction, the property was sold for $160,500 in Sep 12, 1989. Current property owners are expected to pay $3,819 in taxes per year. The property on 1023 Kathryn Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $341,200. To break that down further, the land itself was valued at $224,600. While improvements to the property were assessed at a total of $116,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,113
  • Total Building Area: 1,976
  • Gross Building Area: 1,976
  • Building Area: 1,976
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRINGBROOK MANOR
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPRINGBROOK MANOR

Ownership

  • Current Owner : ALEMU TESFAYE
  • Previous Owner : GANNON MARGARET TROST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701503

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: JQ62
  • Account Number: 00348722
  • District: 05
  • Parcel: 05-00348722
  • Block: D
  • Lot: 3
  • Latitude: 39.0491
  • Longitude: -76.9899

    Address

  • Full Address: 1023 Kathryn Rd
  • Address - House Number: 1023
  • Address - Street Name: Kathryn
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C043
  • 4-Digit Zip Code: 2171
  • Zip Code: 20904

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,819

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 627,690
  • High Value: 742,551
  • Low Value: 512,829

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $464,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $464,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $341,200
  • Market Land Value: $224,600
  • Market Improvement Value: $116,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,200
  • Assessed Land Value: $224,600
  • Assessed Improvements Value: $116,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11873204242
  • Current Sale Price: $580,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 12, 1989
  • Previous Sale Contract Date: Sep 12, 1989
  • Previous Sale Amount: $160,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $464,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2042

About White Oak



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Frequently Asked Questions

What neighborhood is 1023 Kathryn Road located in?
The 1023 Kathryn Road is a located in the neighborhood of White Oak in White Oak, Silver Spring.
What is the average sales price for listings in 1023 Kathryn Road?
The average sales price for units in 1023 Kathryn Road is $0 currently.

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