$355,000
●
Condo -
Off Market
14800 PENNFIELD CIR #309
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,487 Ft²
$2,930
Est. Monthly
$1,138
HOA / Fees
3.34%
Cap Rate
About This Property
Welcome to this stunning two-bedroom condominium with a den,
located in the esteemed Villa Cortese subdivision of Leisure World,
Silver Spring, MD. This home features a gracious entrance foyer
leading to a spacious living area and a formal dining room, perfect
for entertaining. The kitchen has been fully updated with new
cabinets, countertops, floors, and appliances, providing a modern
and functional space for all your culinary needs. Convenience is
key with a stacked washer and dryer in the unit.
The large primary bedroom suite offers a luxurious full bath with a soaking tub, separate step-in shower, and double vanity. Storage is plentiful with a large walk-in closet and an additional closet in the primary bedroom. The second bedroom and a large den offer versatile living spaces, while a huge enclosed balcony/sunroom provides an ideal spot for relaxation. Fresh paint throughout, new carpet, and recent LVP flooring add to the appeal of this beautiful home.
Living in Villa Cortese, residents enjoy access to the Leisure World amenities including: two vibrant clubhouses, which serve as the social and activity hubs of the community. Clubhouse I features a library, woodworking shop, travel office, ballroom with a dance floor, three restaurants, and classrooms. Just outside, residents can enjoy the outdoor pool, patio, bocce ball, and shuffleboard courts. Clubhouse II offers a fitness center with state-of-the-art equipment, a movie theater and auditorium, meeting rooms, and an indoor pool.
Golf enthusiasts will find a haven at the Leisure World® Golf Course, an 18-hole championship course complete with a driving range, putting green, lockers, golf cart rentals, and a pro shop. The course hosts mixer events, tournaments, and lessons, offering plenty of opportunities to enjoy the sport.
Throughout the expansive 650-acre community, homeowners can explore scenic trails, gardens, parks, and a gazebo. Unique to Leisure World® of Maryland, the community includes a post office, bank, pharmacy, and medical center within its gates, ensuring all essential services are easily accessible.
Located just minutes from MD200, commuting around the county is effortless, making this condominium an ideal choice for those seeking a blend of luxury, convenience, and an active lifestyle.
The large primary bedroom suite offers a luxurious full bath with a soaking tub, separate step-in shower, and double vanity. Storage is plentiful with a large walk-in closet and an additional closet in the primary bedroom. The second bedroom and a large den offer versatile living spaces, while a huge enclosed balcony/sunroom provides an ideal spot for relaxation. Fresh paint throughout, new carpet, and recent LVP flooring add to the appeal of this beautiful home.
Living in Villa Cortese, residents enjoy access to the Leisure World amenities including: two vibrant clubhouses, which serve as the social and activity hubs of the community. Clubhouse I features a library, woodworking shop, travel office, ballroom with a dance floor, three restaurants, and classrooms. Just outside, residents can enjoy the outdoor pool, patio, bocce ball, and shuffleboard courts. Clubhouse II offers a fitness center with state-of-the-art equipment, a movie theater and auditorium, meeting rooms, and an indoor pool.
Golf enthusiasts will find a haven at the Leisure World® Golf Course, an 18-hole championship course complete with a driving range, putting green, lockers, golf cart rentals, and a pro shop. The course hosts mixer events, tournaments, and lessons, offering plenty of opportunities to enjoy the sport.
Throughout the expansive 650-acre community, homeowners can explore scenic trails, gardens, parks, and a gazebo. Unique to Leisure World® of Maryland, the community includes a post office, bank, pharmacy, and medical center within its gates, ensuring all essential services are easily accessible.
Located just minutes from MD200, commuting around the county is effortless, making this condominium an ideal choice for those seeking a blend of luxury, convenience, and an active lifestyle.
Unit Size
1,487 Ft²
Days on Market
5 days
Land Size
-
Price per sqft
$245
Property Type
Condo
Property Taxes
$331
HOA Dues
$1,138
Year Built
1994
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Bright MLS #MDMC2139274)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by The Agency DC | $364,900 | |
| Listed by The Agency DC | |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Parking Details
Has Garage
Garage Features: Garage - Side Entry
Parking Features: Parking Garage
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on Main Level: 2
Interior Features: Kitchen - Table Space, Dining Area, Primary Bath(s), Window Treatments, Floor Plan - Traditional
Appliances: Dishwasher, Disposal, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked
Living Area Square Feet Source: Assessor
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Other
Unit Building Type: Garden 1 - 4 Floors
Community Pool
Tidal Water: N
Land Assessed Value: $345,000
Finished Square Feet: 1487
Finished Square Feet Source: Assessor
Financial Details
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $345,000
Tax Year: 2023
Tax Annual Amount: $3,975
Utilities Details
Central Air
Cooling Type: Ceiling Fan(s), Central A/C
Heating Type: Heat Pump(s)
Cooling Fuel: Electric
Heating Fuel: Electric, Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Security Gate
HOA/Condo/Coop Amenities: Club House, Common Grounds, Gated Community, Golf Course Membership Available, Meeting Room, Pool - Indoor, Pool - Outdoor, Retirement Community, Security, Tennis Courts, Transportation Service, Golf Course, Game Room, Picnic Area, Party Room, Storage Bin
HOA Fee: $0
HOA Fee Frequency: One Time
Condo/Coop Fee: $1,138
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/15/2026
|
2 Bed
|
2 Bath
|
1092 ft²
|
$240,000
2 Bed
2 Bath
1092 ft²
|
$240,000
07/29/2026
|
Theresa Dowdall
RE/MAX Realty Centre, Inc.
| |
|
08/06/2025
|
2 Bed
|
2 Bath
|
1157 ft²
|
$350,000
2 Bed
2 Bath
1157 ft²
|
$350,000
11/04/2025
|
Tracy Onslow
RE/MAX Realty Centre, Inc.
| |
|
10/29/2024
|
2 Bed
|
2 Bath
|
1350 ft²
|
$275,000
2 Bed
2 Bath
1350 ft²
|
$275,000
11/15/2024
|
Maurita Bostic
Long & Foster Real Estate, Inc.
| |
|
07/08/2024
|
2 Bed
|
2 Bath
|
1487 ft²
|
$364,900
2 Bed
2 Bath
1487 ft²
|
$355,000
-2.71%
07/29/2024
|
Meyer Leibovitch
The Agency DC
| |
|
06/27/2024
|
3 Bed
|
3 Bath
|
1628 ft²
|
$389,000
3 Bed
3 Bath
1628 ft²
|
$377,330
-3.00%
07/31/2024
|
MICHAEL PARENT
Weichert, REALTORS
| |
|
09/02/2023
|
2 Bed
|
2 Bath
|
1092 ft²
|
$319,000
2 Bed
2 Bath
1092 ft²
|
$305,000
-4.39%
10/31/2023
|
Felecia Green Brissett
Weichert, REALTORS
| |
|
04/21/2023
|
2 Bed
|
2 Bath
|
1350 ft²
|
$297,000
2 Bed
2 Bath
1350 ft²
|
$289,000
-2.69%
06/22/2023
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
01/07/2023
|
2 Bed
|
2 Bath
|
1158 ft²
|
$275,000
2 Bed
2 Bath
1158 ft²
|
$275,000
03/30/2023
|
Carolyn Simpkins
Weichert, REALTORS
| |
|
05/13/2022
|
3 Bed
|
3 Bath
|
1628 ft²
|
$425,000
3 Bed
3 Bath
1628 ft²
|
$393,000
-7.53%
07/15/2022
|
Eve Marinik
Douglas Realty
| |
|
03/24/2021
|
2 Bed
|
2 Bath
|
1092 ft²
|
$235,000
2 Bed
2 Bath
1092 ft²
|
$220,000
-6.38%
04/26/2021
|
Linda Sansbury
Weichert, REALTORS
| |
|
10/16/2020
|
2 Bed
|
2 Bath
|
1092 ft²
|
$226,000
2 Bed
2 Bath
1092 ft²
|
$223,500
-1.11%
12/03/2020
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
08/12/2020
|
2 Bed
|
2 Bath
|
1092 ft²
|
$215,000
2 Bed
2 Bath
1092 ft²
|
$205,000
-4.65%
10/28/2020
|
Lisa H Galloway
Heymann Realty, LLC
| |
|
01/03/2019
| |
1 Bed
|
2 Bath
|
-
|
$149,000
1 Bed
2 Bath
|
-
-
|
-
|
|
06/18/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
04/24/2017
|
2 Bed
|
2 Bath
|
1490 ft²
|
$349,900
2 Bed
2 Bath
1490 ft²
|
$330,000
-5.69%
06/09/2017
|
Sue Heyman
Weichert, REALTORS
| |
|
09/26/2016
|
2 Bed
|
2 Bath
|
1152 ft²
|
$199,000
2 Bed
2 Bath
1152 ft²
|
$202,000
+1.51%
03/29/2017
|
Eunice J Phillips
Weichert, REALTORS
| |
|
02/19/2016
|
2 Bed
|
2 Bath
|
1350 ft²
|
$245,000
2 Bed
2 Bath
1350 ft²
|
$245,000
04/06/2016
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
10/22/2015
|
2 Bed
|
2 Bath
|
1487 ft²
|
$324,900
2 Bed
2 Bath
1487 ft²
|
$316,000
-2.74%
12/17/2015
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
06/03/2015
|
2 Bed
|
2 Bath
|
1153 ft²
|
$212,000
2 Bed
2 Bath
1153 ft²
|
$220,000
+3.77%
06/30/2015
|
Sue Heyman
Weichert, REALTORS
| |
|
03/30/2015
|
2 Bed
|
2 Bath
|
1295 ft²
|
$199,000
2 Bed
2 Bath
1295 ft²
|
$190,000
-4.52%
06/05/2015
|
Sue Heyman
Weichert, REALTORS
| |
|
05/12/2014
|
2 Bed
|
2 Bath
|
1152 ft²
|
$194,900
2 Bed
2 Bath
1152 ft²
|
$191,000
-2.00%
07/21/2014
|
Rita McCoy
Weichert, REALTORS
| |
|
04/24/2012
|
2 Bed
|
2 Bath
|
1157 ft²
|
$199,000
2 Bed
2 Bath
1157 ft²
|
$175,000
-12.06%
07/17/2012
|
Lynda Bloom
Weichert, REALTORS
|
Building Info
14800 Pennfield Circle
14800 Pennfield Circle, Silver Spring, MD 20906
- 1 Unit for Sale
About Rossmoor
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Listed by: Meyer Leibovitch
The Agency DC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDMC2139274
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
The Agency DC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDMC2139274
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