See Home Value
$580,000
House - Off Market

529 E INDIAN SPRING DR

SILVER SPRING, MD 20901
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2160 Sqft
$2,848
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to this charming 4B 2-1/2 b Split-Level home in the sought-after neighborhood of Franklin Knolls, conveniently located near the intersection of University Blvd and Franklin Ave. A prime location literally next street to the Beltway and just minutes away from downtown Silver Spring. Also, a walking distance to Montgomery Blair High School.

This residence is very well maintained and offers an ideal blend of space, comfort, and elegance. All the rooms have beautiful windows and are filled with natural light and French doors leading to the backyard.. As you enter through the front door, you will be greeted by a spacious living room with a beautiful hardwood floor. The kitchen is simply elegant with tiles that wrap around the foyer, creating a combination of warmth and inviting ambiance.

The lower levels offer a variety of functional spaces and utility, including a dedicated family room and a bedroom that may also serve as an office. The laundry room is clean and well lit, with a side door for the exit. The unfinished basement below the family room is spacious and offers a blank canvas for customizing the space of one's dream. Upstairs on the fourth level are three bedrooms, two of which are en-suite.

A large, landscaped and fenced backyard is definitely a peaceful retreat for relaxation and outdoor activities, a place where kids and pets can play safely. And the proximity to the vibrant downtown Silver Spring, with its diverse dining options, entertainment, and shopping opportunities, is additional convenience enjoyed by residents.

For nature lovers, there are plenty of trails close by to choose from, for hiking or biking or walking your dog, such as Sligo Creek Parkway, or Nothwest Branch.

There's easy access to transportation in every direction, and the nearby, upcoming purple line will only add to the public transportation routes for Franklin Knolls residents, especially for East-West trips.
Unit Size
2,160Ft²
Days on Market
25 days
Land Size
0.22 acres
Price per sqft
$269
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1962
Last updated: 5 months ago (Bright MLS #MDMC2112298)

Price History

Date / Event Date Event Price
Dec 18, 2023 Sold to Emebet G Bibiso, Suraj Endr... $580,000
Sold to Emebet G Bibiso, Suraj Endr...
Dec 14, 2023 In contract -
In contract
Dec 3, 2023 In contract -
In contract
Nov 20, 2023 Listed by Long & Foster Real Estate, Inc. $580,000
Listed by Long & Foster Real Estate, Inc.

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,506
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANKLIN KNOLLS
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANKLIN KNOLLS SEC 7 8957/405 9102/194

Ownership

  • Current Owner : BIBISO EMEBET G
  • Current Owner 2: BIBISO SURAJ ENDRIS
  • Previous Owner : OBARAKPOR JARVIS
  • Owner Before Previous Owner: MARSCHALL SABRINA I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 702101

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JP51
  • Account Number: 01354444
  • District: 13
  • Section: 7
  • Parcel: 13-01354444
  • Block: Q
  • Lot: 23
  • Latitude: 39.0157
  • Longitude: -76.997

    Address

  • Full Address: 529 E Indian Spring Dr
  • Address - House Number: 529
  • Street Direction: E
  • Address - Street Name: Indian Spring
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C028
  • 4-Digit Zip Code: 4726
  • Zip Code: 20901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,869

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 585,964
  • High Value: 626,026
  • Low Value: 545,902

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $594,494
  • First Open Lien Mortgage Lender: PRIME LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 18, 2023
  • First Open Lien Mortgage Loan Amount: $569,494
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054
  • Second Open Lien Mortgage Recording Date: Dec 18, 2023
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $424,500
  • Market Land Value: $219,100
  • Market Improvement Value: $205,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Transaction ID: 11918086879
  • Current Sale Price: $580,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 12, 1997
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME LENDING LLC
  • First Mortgage Transaction Date: Dec 18, 2023
  • First Mortgage Loan Amount: $569,494
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2054
  • Second Mortgage Transaction Date: Dec 18, 2023
  • Second Mortgage Loan Amount: $25,000
  • Second Mortgage Terms: 360



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,160 ft²
$278/ft²
$600,000 Mar 17, 2023
$600,000 May 9, 2023
-
House
6 Beds
3 Baths
2,160 ft²
$269/ft²
$580,000 Jun 24, 2023
$580,000 Jul 28, 2023
-
House
4 Beds
3 Baths
2,140 ft²
$304/ft²
$650,000 Nov 14, 2023
-
-
House
4 Beds
2 Baths
1,566 ft²
$414/ft²
$649,000 Nov 21, 2023
-
-
House
3 Beds
3 Baths
1,700 ft²
$294/ft²
$499,900 Aug 24, 2023
-
-

About Silver Spring


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Frequently Asked Questions

When was property at 529 East Indian Spring Drive built and last sold?
The property at 529 East Indian Spring Drive was built in 1962 and last sold on Dec 15, 2023 for $580,000.
How much is this home worth?
The estimated value of the home located at 529 East Indian Spring Drive is $604,562.
What are some comparable homes to 529 East Indian Spring Drive?
Homes that are comparable to 529 East Indian Spring Drive include a house property at 10107 Devere Court, 215 East Franklin Avenue, 704 East Franklin Avenue.

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