See Home Value
$1,100,000
House - Off Market

1516 LIVE OAK DR

SILVER SPRING, MD 20910
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1794 Sqft
$944,799
RealtyHop Estimate
-0.55%
Since Jul 1, 2023
DC-Washington
Primary Model

About This Property

Charming colonial on double lot with extraordinary backyard. This freshly painted 4-bedroom, 3.5-bathroom home boasts sunroom addition with independent heating and cooling and tasteful updates throughout. The open kitchen/dining area greets you with  walls of windows overlooking the leafy backyard. Double doors from the dining area lead to the large IPE deck. The gorgeous kitchen with its stainless steel appliances, white cabinets and stunning granite counters  can inspire even  the most reluctant of home chefs to prepare some great meals. The inviting living room is complete with a wood burning fireplace. The first floor also features a powder room. Upstairs you will find 3 bedrooms including the primary suite with custom built in cabinets, wonderful window seat, and elegant en suite bathroom.  The upper  level has an additional 2 generously sized bedrooms which share a hall bath. The lower level includes a recreation room, a third stylish full bathroom, laundry, and bedroom with sizable window and murphy bed. The enchanting backyard of this home, with mature plantings and stunning landscaping will not disappoint. The location is an ideal balance of privacy and tranquility with access and convenience. It is 2 minutes from 495, but just far enough not to hear highway noise. The house is set back on a small, quiet road near park land, yet so much nearby. Runners, walkers, and bikers will be spoiled by the 10.2-mile Sligo Creek Trail within close proximity, with a playground nearby, and the Sligo Creek Golf Course is just a few minutes away. Whole Foods, two cinemas, a seasonal skating rink, and the fabulous shops and restaurants of downtown Silver Spring are a charming walk from the house, just over a mile away. You don't want to miss this one!
Unit Size
1,794Ft²
Days on Market
29 days
Land Size
0.19 acres
Price per sqft
$530
Property Type
House
Property Taxes
$661
HOA Dues
-
Year Built
1937
Last updated: 11 months ago (Bright MLS #MDMC2094444)

Price History

Date / Event Date Event Price
Jul 13, 2023 Sold to Jason Kaplan, Jocelin Kaplan $1,100,000
Sold to Jason Kaplan, Jocelin Kaplan
Jun 9, 2023 Sold to Vincenzo Franco $412,000
Sold to Vincenzo Franco
Jun 2, 2023 In contract -
In contract
Jun 1, 2023 Listed by Redfin Corp $950,000
Listed by Redfin Corp

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 550
  • Garage Type: Built-in
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,125
  • Total Building Area: 1,794
  • Gross Building Area: 1,794
  • Building Area: 1,794
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODSIDE FOREST
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODSIDE FOREST SEC 2

Ownership

  • Current Owner : KAPLAN JOCELIN
  • Current Owner 2: KAPLAN JASON
  • Previous Owner : FRANCO VINCENZO
  • Owner Before Previous Owner: FRANCO VINCENZO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 702900

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JP21
  • Account Number: 01427222
  • District: 13
  • Section: 2
  • Parcel: 13-01427222
  • Block: 11
  • Lot: 7
  • Latitude: 39.0087
  • Longitude: -77.0347

    Address

  • Full Address: 1516 Live Oak Dr
  • Address - House Number: 1516
  • Address - Street Name: Live Oak
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C034
  • 4-Digit Zip Code: 1543
  • Zip Code: 20910

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,159

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 979,866
  • High Value: 1,120,303
  • Low Value: 839,430

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 13, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $799,200
  • Market Land Value: $348,400
  • Market Improvement Value: $450,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $732,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Transaction ID: 11909355206
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 09, 2023
  • Previous Sale Contract Date: May 08, 2013
  • Previous Sale Amount: $412,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 13, 2023
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,763 ft²
$499/ft²
$880,000 Apr 20, 2023
$880,000 May 18, 2023
-
House
4 Beds
3 Baths
2,288 ft²
$490/ft²
$1,120,000 May 18, 2023
$1,120,000 Jun 6, 2023
-
House
4 Beds
5 Baths
2,800 ft²
$396/ft²
$1,110,000 Apr 6, 2023
$1,110,000 Jun 2, 2023
-
House
4 Beds
4 Baths
1,804 ft²
$498/ft²
$899,000 Jun 16, 2023
-
-
House
5 Beds
3 Baths
1,682 ft²
$490/ft²
$824,900 Apr 22, 2023
-
-
House
5 Beds
4 Baths
3,252 ft²
$307/ft²
$999,000 Jun 14, 2023
-
-
Commercial
Loft
-
-
$979,000 Mar 30, 2023
-
$713/mo

About Silver Spring


Similar Homes for Sale

Unit for sale at 1610 Sherwood Road, SILVER SPRING, MD 20902

$899,000

  • 4 Beds
  • 4 Baths
  • 1,804 ft²
1610 Sherwood Road, SILVER SPRING, MD 20902 Listing by Joyce DeFilippo

Nearby Rentals

Unit for rent at 507 Pershing Dr, SILVER SPRING, MD, 20910

$4,350 /mo

  • 5 Beds
  • 3 Baths
507 Pershing Dr, SILVER SPRING, MD, 20910 Listing by Judy Meyerson


Frequently Asked Questions

When was property at 1516 Live Oak Drive built and last sold?
The property at 1516 Live Oak Drive was built in 1937 and last sold on Jun 30, 2023 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 1516 Live Oak Drive is $951,429.
What are some comparable homes to 1516 Live Oak Drive?
There are currently no comparable homes to 1516 Live Oak Drive.

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