See Home Value
$814,056*
House - Off Market

12309 LOFT LANE

SILVER SPRING, MD 20904
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4183 Sqft
$702,000 - $858,000
Reference Base Price*
4.37%
Since Oct 1, 2022
DC-Washington
Primary Model
Sold Oct 03, 2022
$780,000
$585,000 by Draper And Kramer Mortgage Cor
Mortgage Due Oct 01, 2052
Sold Feb 07, 2018
$600,000
$450,000 by Century Lending Co
Mortgage Due Feb 01, 2048

About This Property

This one-of-a-kind custom home is located on a quiet cul-de-sac. It backs into a large wooded parkland,providing beautiful scenery and privacy. Enter the floor-to-ceiling foyer into the adjacent large livingroom, with a built-in bar and sliding glass doors to the backyard, and casement windows running theentire length of one side. The dining room has a balcony overlooking the back. It is is large enough for aformal dinner holding eight to ten people, while enjoying a serene view of the woods. The gourmetkitchen with its own breakfast area is equipped with granite countertops and stainless steel appliances,including a new, state-of-the-art smart stove. The enormous light-drenched family room has soaringceilings, a floor-to-ceiling stacked stone fireplace, and a wall of sliding glass doors leading to the deckand the backyard. It is great for gatherings or for enjoying quiet time. The exquisite, vast masterbedroom with a cathedral ceiling has its own balcony facing the woods, dual walk-in closets, and a largebonus closet. The master bath is less than six years old and has heated floors and a heated towel rack,glass tiles, a double vanity, and a beautiful tub with a built-in hydrotherapy system. All other bathroomswere completely renovated in 2019. Three additional bedrooms are generously sized. This includes oneensuite bedroom with its own full-size bathroom and a stunning view of the backyard. The large walk-out basement has a kitchenette and a newly renovated full-bath which can double as an in-law suite.Conveniently located in Silver Spring, easy access to Route 29, near the Intercounty Connector (ICC), I-495, downtown Silver Spring, and downtown Washington, DC. The neighborhood is quiet, peaceful,family-friendly, and with access to great schools. Come and see!

The manager has listed the unit size as 4183 square feet.
Unit Size
4,183Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$186
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1985

Price History

Date / Event Date Event Price
Oct 3, 2022 Sold to Nicholas M Kiritz $780,000
Sold to Nicholas M Kiritz
Sep 2, 2022 No longer available -
No longer available
Aug 20, 2022 Price Decreased $780,000
↓ $19K (2.4%)
Price Decreased
Aug 5, 2022 Price Decreased $799,000
↓ $31K (3.7%)
Price Decreased
Jul 15, 2022 Listed $830,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,335
  • Garage Type: Mixed use
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 13,860
  • Total Building Area: 2,848
  • Gross Building Area: 2,848
  • Building Area: 2,848
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,098
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLLING ACRES
  • Land Acres: 0.318
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROLLING ACRES SEC 3

Ownership

  • Current Owner : KIRITZ NICHOLAS M
  • Previous Owner : TANSILL CHARLES
  • Owner Before Previous Owner: WATTS W DAVID
  • Owner Before Previous Owner 2: ESTATE OF JAMES H VANCE III
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701414

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: KQ23
  • Account Number: 02058832
  • District: 05
  • Section: 3
  • Parcel: 05-02058832
  • Block: 2
  • Lot: 38
  • Latitude: 39.0591
  • Longitude: -76.9769

    Address

  • Full Address: 12309 Loft Ln
  • Address - House Number: 12309
  • Address - Street Name: Loft
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C003
  • 4-Digit Zip Code: 6634
  • Zip Code: 20904

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,255

    Appraisal Valuation

  • Standard Deviation: 0.15
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 848,948
  • High Value: 976,309
  • Low Value: 721,588

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $585,000
  • First Open Lien Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Oct 03, 2022
  • First Open Lien Mortgage Loan Amount: $585,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $692,900
  • Market Land Value: $217,700
  • Market Improvement Value: $475,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $692,900
  • Assessed Land Value: $217,700
  • Assessed Improvements Value: $475,200

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Transaction ID: 11896600870
  • Current Sale Price: $780,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 07, 2018
  • Previous Sale Contract Date: Jan 19, 2018
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Mortgage Transaction Date: Oct 03, 2022
  • First Mortgage Loan Amount: $585,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY LENDING CO
  • Previous Mortgage Transaction Date: Feb 07, 2018
  • Previous Mortgage Loan Amount: $450,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
2,128 ft²
$308/ft²
$655,000 Aug 31, 2023
$655,000 Sep 26, 2023
-
House
6 Beds
4 Baths
2,092 ft²
$311/ft²
$650,000 Nov 24, 2023
-
-

About Fairland


Similar Homes for Sale

Unit for sale at 12416 Loft Lane, SILVER SPRING, MD 20904

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Unit for rent at 1020 Tanley Rd, SILVER SPRING, MD, 20904

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Frequently Asked Questions

When was property at 12309 Loft Lane built and last sold?
The property at 12309 Loft Lane was built in 1985 and last sold on Sep 23, 2022 for $780,000.
How much is this home worth?
The estimated value of the home located at 12309 Loft Lane is $801,386.
What are some comparable homes to 12309 Loft Lane?
There are currently no comparable homes to 12309 Loft Lane.

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