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1928 Flowering Tree Terrace

1928 Flowering Tree Terrace, Silver Spring, MD 20902
Property in Forest Estates
Sold May 26, 2021
$460,000
$437,000 by Homespire Mortgage Corp
Mortgage Due Apr 01, 2051
Sold Feb 01, 2007
$425,000
F
Seller
$340,000 by Fidelity & Trust Mortgage Inc
Mortgage Due Feb 01, 2037
1928 Flowering Tree Terrace in Silver Spring, MD was first built in 1983 and is 41 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1928 Flowering Tree Terrace has 1,860 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 510 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 1,550 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. 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 unknown. 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, 1928 Flowering Tree Terrace was last sold in Mar 1, 2021 for $460,000. According to our calculations, that's $338.24 per sqft. Prior to that sales transaction, the property was sold for $425,000 in Jan 30, 2007. Current property owners are expected to pay $5,827 in taxes per year. The property on 1928 Flowering Tree Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $402,333. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Brick Exterior

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 510
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,550
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,860
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST ESTATES
  • Land Acres: 0.036
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: FOREST ESTATES

Ownership

  • Current Owner : COHEN CORI M
  • Previous Owner : SATIANI PUJA
  • Previous Owner 2: WILSON ALBERT
  • Owner Before Previous Owner: F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JP23
  • Account Number: 02137256
  • District: 13
  • Parcel: 13-02137256
  • Block: Q
  • Lot: 158
  • Latitude: 39.0234
  • Longitude: -77.0402

    Address

  • Full Address: 1928 Flowering Tree Ter
  • Address - House Number: 1928
  • Address - Street Name: Flowering Tree
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C004
  • 4-Digit Zip Code: 5816
  • Zip Code: 20902

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,827

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 535,802
  • High Value: 638,281
  • Low Value: 433,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $437,000
  • First Open Lien Mortgage Lender: HOMESPIRE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $437,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $474,200
  • Market Land Value: $150,000
  • Market Improvement Value: $324,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,333

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11838332864
  • Current Sale Price: $460,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Feb 01, 2007
  • Previous Sale Contract Date: Jan 30, 2007
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESPIRE MORTGAGE CORP
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $437,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY & TRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 01, 2007
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2037

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Frequently Asked Questions

What neighborhood is 1928 Flowering Tree Terrace located in?
The 1928 Flowering Tree Terrace is a located in the neighborhood of Forest Estates in Forest Glen, Silver Spring.
What is the average sales price for listings in 1928 Flowering Tree Terrace?
The average sales price for units in 1928 Flowering Tree Terrace is $0 currently.

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