When was property at 1516 Gridley Lane built and last sold?

The property at 1516 Gridley Lane was built in 1950 and last sold on Oct 29, 2018 for $430,000.

How much is this home worth?

The estimated value of the home located at 1516 Gridley Lane is $443,390.

What are some comparable homes to 1516 Gridley Lane?

There are currently no comparable homes to 1516 Gridley Lane.

Wheaton

20902

Wheaton - Glenmont

1516 GRIDLEY LANE

Sold on Oct 29, 2018

Map

$430,000

● House - Off Market

1516 GRIDLEY LANE

SILVER SPRING, MD 20902

6 Beds

3 Baths

2,200 Ft²

$602,391

RealtyHop Estimate

37.22%

Since Nov 1, 2018

DC-Washington

Primary Model

About This Property

Charming Cape Cod with easy commuting location! Beautiful home freshly painted, recessed lighting, remodeled top to bottom. Furnace 6 yr., HWH 1 yr, beautiful yard, lots of light, more pictures to follow. Really nice size rooms and plenty of space.

Unit Size

2,200 Ft²

Days on Market

Land Size

0.12 acres

Price per sqft

$200

Property Type

House

Property Taxes

$342

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Bright MLS #1002255300)

Price History

Date / Event	Date	Event
Dec 4, 2018	Sold	Premium
Sold
Oct 29, 2018	Sold	Premium
Sold
Aug 21, 2018	Listed by RE/MAX Realty Centre, Inc.	$439,000
Listed by RE/MAX Realty Centre, Inc.
Feb 16, 2007	Sold	Premium
Sold

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1950
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 9
Construction Type: 0
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 500
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,400

Total Building Area: 1,248
Gross Building Area: 1,248
Building Area: 1,248
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 1,248
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CHESTNUT RIDGE MANOR
Land Acres: 0000000124
Standard Land Use Code: 1001
County Land Use Code: R-B001
Legal Description 1: CHESTNUT RIDGE MANOR SEC 2

Neighborhood

School District Name: Montgomery County Public Schools

Census Tract: 703902

Zoning

Zoning: R60

Geography

Assessors Map Reference: JP23

Account Number: 01224518
District: 13
Section: 2
Parcel: 13-01224518
Block: K
Lot: 6
Latitude: 39.029
Longitude: -77.034

Address

Full Address: 1516 Gridley Ln

Address - House Number: 1516
Address - Street Name: Gridley
Address - Suffix Type: Ln
State: MD
City Name: Silver Spring
Carrier Code: C030
4-Digit Zip Code: 3844
Zip Code: 20902

Valuation

Tax

Tax Year: 2023

Tax Amount: $691,665

Appraisal Valuation

Standard Deviation: 0.1527

Valuation Date: Jan 17, 2024
Confidence Score: 81
Final Value: 635,051
High Value: 732,026
Low Value: 538,075

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $544,700

Market Land Value: $176,500
Market Improvement Value: $368,200

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $479,233

Sales

Current Sale Contract Date: Oct 29, 2018

Current Sale Recording Date: Dec 04, 2018
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Feb 16, 2007
Previous Sale Contract Date: Feb 09, 2007
Previous Sale Amount: $375,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Wheaton - Glenmont

Stats & Trends

Median Asking:

$539,450

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

Average Home Size

1885 ft²

Average Home Age

58.5 years

Currently For Sale

133 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9820 Georgia Avenue, SILVER SPRING, MD, 20902

$2,100 /mo

1 Bed
1 Bath
775 ft²

9820 Georgia Avenue #21302, SILVER SPRING, MD, 20902 Listing by NATALIA M WINFFEL

Unit for rent at 912 Hoyt Street, SILVER SPRING, MD, 20902

$3,100 /mo

4 Beds
2 Baths
1,959 ft²

912 Hoyt Street, SILVER SPRING, MD, 20902 Listing by Nurith Berstein

Unit for rent at 1806 Arcola Avenue, SILVER SPRING, MD, 20902

$3,300 /mo

3 Beds
2 Baths
1,410 ft²

1806 Arcola Avenue, SILVER SPRING, MD, 20902 Listing by Franco Saladino

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Nancy S Wert
RE/MAX Realty Centre, Inc.
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# 1002255300

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