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1616 Belvedere Boulevard

1616 Belvedere Boulevard, Silver Spring, MD 20902
Property in Forest Estates
Sold Jun 24, 2022
$690,350
$552,280 by North American Savings Bank Fs
Mortgage Due Jul 01, 2037
Sold Sep 08, 1989
$182,500
1616 Belvedere Boulevard in Silver Spring, MD was first built in 1956 and is 68 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1616 Belvedere Boulevard has 2,286 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 675 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 5,800 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1616 Belvedere Boulevard was last sold in Jun 3, 2022 for $690,350. According to our calculations, that's $376.01 per sqft. Prior to that sales transaction, the property was sold for $182,500 in Sep 8, 1989. Current property owners are expected to pay $5,719 in taxes per year. The property on 1616 Belvedere Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $526,900. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.

Building Features

Exterior

Metal Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 675
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Total Building Area: 1,836
  • Gross Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,286
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORESTVALE
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FORESTVALE

Ownership

  • Current Owner : CRONIN KATYA
  • Current Owner 2: CRONIN KATYA A
  • Previous Owner : BECKMAN THOMAS J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 703901

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JP22
  • Account Number: 01294874
  • District: 13
  • Parcel: 13-01294874
  • Block: D
  • Lot: 15
  • Latitude: 39.0196
  • Longitude: -77.0362

    Address

  • Full Address: 1616 Belvedere Blvd
  • Address - House Number: 1616
  • Address - Street Name: Belvedere
  • Address - Suffix Type: Blvd
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C019
  • 4-Digit Zip Code: 3902
  • Zip Code: 20902

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,719

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 720,261
  • High Value: 854,620
  • Low Value: 585,902

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $552,280
  • First Open Lien Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Jun 24, 2022
  • First Open Lien Mortgage Loan Amount: $552,280
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2037

    Market Valuation

  • Market Total Value: $670,100
  • Market Land Value: $228,400
  • Market Improvement Value: $441,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Transaction ID: 11891072465
  • Current Sale Price: $690,350
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 08, 1989
  • Previous Sale Contract Date: Sep 08, 1989
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Mortgage Transaction Date: Jun 24, 2022
  • First Mortgage Loan Amount: $552,280
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2037

About Forest Glen



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Frequently Asked Questions

What neighborhood is 1616 Belvedere Boulevard located in?
The 1616 Belvedere Boulevard is a located in the neighborhood of Forest Estates in Forest Glen, Silver Spring.
What is the average sales price for listings in 1616 Belvedere Boulevard?
The average sales price for units in 1616 Belvedere Boulevard is $0 currently.

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