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2420 Parallel Lane

2420 Parallel Lane, Silver Spring, MD 20904
House in Fairland
Local assessors in Silver Spring, MD have categorized 2420 Parallel Lane as a type of property. The home was built in 1967 and is 59 years old. The property's lot size has been calculated to be 16,266 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2420 Parallel Lane has a total of 1,989 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a that is 1 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 231 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a and a so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - . The building has a roof that is made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 27, 2022 for $630,000. That's $316.74 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 2020 for $530,000. 2420 Parallel Lane was last assessed in 2023. The total value of the property was assessed at $380,500. Specifically, the land the property is located on was valued at $220,700. While improvements on the property were assessed at a total of $159,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $345,821. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport
Paved Parking

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220519
05/19/2022
4 Bed
3 Bath
1989 ft²
$579,500
bedrooms
4 Bed
bathrooms
3 Bath
square feet
1989 ft²
-
-
Sheena Saydam
Keller Williams Capital Properties
20200826
08/26/2020
4 Bed
3 Bath
-
$519,900
bedrooms
4 Bed
bathrooms
3 Bath
-
-
-


Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1
  • Garage Type: 3
  • Garage Square Area: 231
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,266
  • Total Building Area: 1,989
  • Gross Building Area: 1,989
  • Building Area: 1,989
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,989
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEALES ADD
  • Land Acres: 0000000373
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: NEALES ADD TO FAIRLA ND ESTATES

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701414

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: KR32
  • Account Number: 00337912
  • District: 05
  • Parcel: 05-00337912
  • Block: B
  • Lot: 5
  • Latitude: 39.0816
  • Longitude: -76.9635

    Address

  • Full Address: 2420 Parallel Ln
  • Address - House Number: 2420
  • Address - Street Name: Parallel
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C016
  • 4-Digit Zip Code: 5449
  • Zip Code: 20904

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $345,821

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 662,143
  • High Value: 783,309
  • Low Value: 540,978

    Market Valuation

  • Market Total Value: $380,500
  • Market Land Value: $220,700
  • Market Improvement Value: $159,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,500
  • Assessed Land Value: $220,700
  • Assessed Improvements Value: $159,800

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 22, 2021
  • Previous Sale Contract Date: Sep 22, 2020
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Fairland



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Frequently Asked Questions

What neighborhood is 2420 Parallel Lane located in?
The 2420 Parallel Lane is a house located in the neighborhood of Fairland in Fairland, Silver Spring.
What is the average sales price for listings in 2420 Parallel Lane?
The average sales price for units in 2420 Parallel Lane is $0 currently.