See Home Value
$620,000
House - Off Market

707 E FRANKLIN AVE

SILVER SPRING, MD 20901
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1242 Sqft
$625,556
RealtyHop Estimate
-0.55%
Since Jul 1, 2023
DC-Washington
Primary Model

About This Property

HUGE PRICE IMPROVEMENT !!!!!

This stunning 5-bedroom, 3-bath renovated home is the perfect blend of modern elegance and classic charm. As you step inside, you'll appreciate the cozy and warm atmosphere. The all-new windows allow natural light to flow in while maintaining a comfortable and inviting ambiance.  Kitchen renovated (2023) , Roof (2023), Windows (2023) Paint (2023), refinished floors (2023) baths (2023) Hvac (2019)

The recently refinished floors gleam beneath your feet as you explore the spacious living areas, which have been freshly painted throughout. The kitchen is a wonderful space, boasting all-new appliances, gorgeous countertops, and plenty of cabinet space. The three bathrooms have been tastefully updated to include modern fixtures and finishes, providing a comfortable and functional space for you and your family.

With its ample bedrooms and generously sized living areas, this home offers plenty of space for entertaining guests or simply relaxing with loved ones. And with a new roof in place, you can rest easy knowing that this home is both beautiful and reliable. Plenty of parking with a huge drive way .

Minutes to 495, downtown Silver spring , close to shopping , restaurants, walking distance to the Northwest Branch Trail and a community outdoor pool Franklin Knolls that can be joined for a yearly fee. Don't miss your chance to own this immaculate home in a fantastic location - schedule your viewing today!
Unit Size
1,242Ft²
Days on Market
64 days
Land Size
0.25 acres
Price per sqft
$506
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1963
Last updated: 10 months ago (Bright MLS #MDMC2086868)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold to Ana Nguyen, Lang Quoc Vo $620,000
Sold to Ana Nguyen, Lang Quoc Vo
May 26, 2023 In contract -
In contract
May 16, 2023 Price Decreased $629,000
↓ $31K (4.7%)
Price Decreased
May 9, 2023 Price Decreased $659,995
↓ $40K (5.7%)
Price Decreased
Apr 25, 2023 Price Decreased $699,995
↓ $70K (9.1%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 700
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,730
  • Total Building Area: 1,242
  • Gross Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,942
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANKLIN KNOLLS
  • Land Acres: 0.246
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANKLIN KNOLLS SEC 5

Ownership

  • Current Owner : VO LANG QUOC
  • Current Owner 2: NGUYEN ANA
  • Previous Owner : JONES TANYA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JP51
  • Account Number: 01355027
  • District: 13
  • Section: 5
  • Parcel: 13-01355027
  • Block: W
  • Lot: 76
  • Latitude: 39.013
  • Longitude: -76.9966

    Address

  • Full Address: 707 E Franklin Ave
  • Address - House Number: 707
  • Street Direction: E
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C028
  • 4-Digit Zip Code: 4707
  • Zip Code: 20901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,257

    Appraisal Valuation

  • Standard Deviation: 0.1512
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 582,945
  • High Value: 671,133
  • Low Value: 494,756

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,680
  • First Open Lien Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Jun 27, 2023
  • First Open Lien Mortgage Loan Amount: $504,680
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $464,200
  • Market Land Value: $223,000
  • Market Improvement Value: $241,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,300

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Transaction ID: 11908583813
  • Current Sale Price: $620,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Mortgage Transaction Date: Jun 27, 2023
  • First Mortgage Loan Amount: $504,680
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
1,387 ft²
$411/ft²
$570,000 Feb 19, 2023
$570,000 Apr 10, 2023
-
House
4 Beds
3 Baths
1,174 ft²
$601/ft²
$705,000 May 23, 2023
$705,000 Jun 20, 2023
-
House
4 Beds
3 Baths
1,451 ft²
$379/ft²
$550,000 May 9, 2023
$550,000 Jun 1, 2023
-
House
5 Beds
4 Baths
2,160 ft²
$301/ft²
$650,000 Mar 2, 2023
$650,000 Jun 6, 2023
-
House
4 Beds
3 Baths
2,160 ft²
$278/ft²
$600,000 Mar 17, 2023
$600,000 May 9, 2023
-
In Contract
House
4 Beds
4 Baths
1,387 ft²
$418/ft²
$580,000 Jun 22, 2023
-
-
House
4 Beds
3 Baths
1,950 ft²
$385/ft²
$750,000 Jun 23, 2023
-
-
House
6 Beds
3 Baths
2,160 ft²
$264/ft²
$570,000 Jun 24, 2023
-
-
House
4 Beds
3 Baths
2,320 ft²
$269/ft²
$625,000 Jul 5, 2023
-
-
House
4 Beds
3 Baths
2,340 ft²
$256/ft²
$599,000 Apr 7, 2023
-
-
House
3 Beds
2 Baths
1,690 ft²
$444/ft²
$750,000 Jun 8, 2023
-
-

About Silver Spring


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Frequently Asked Questions

When was property at 707 East Franklin Avenue built and last sold?
The property at 707 East Franklin Avenue was built in 1963 and last sold on Jun 22, 2023 for $620,000.
How much is this home worth?
The estimated value of the home located at 707 East Franklin Avenue is $777,695.
What are some comparable homes to 707 East Franklin Avenue?
Homes that are comparable to 707 East Franklin Avenue include a house property at 10105 Devere Court, 205 East Franklin Avenue, 10001 Branch View Court.

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