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806 Wayne Avenue

806 Wayne Avenue, Silver Spring, MD 20910
Property in Silver Spring
Sold Apr 28, 2023
$800,000
$600,000 by Bank-fund Staff Fcu
Mortgage Due May 01, 2053
Sold Nov 19, 2019
$75,795
Local assessors in Silver Spring, MD have categorized 806 Wayne Avenue as a residential type of property. The home was built in 1936 and is 88 years old. The property's lot size has been calculated to be 10,108 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 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 806 Wayne Avenue has a total of 1,250 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 built-in garage for those who need a place to park their vehicle. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C+. The building has a roof that is made of slate. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit 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 Apr 25, 2023 for $800,000. That's $640.00 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2019 for $75,795. 806 Wayne Avenue was last assessed in 2023. The total value of the property was assessed at $550,167. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,671. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Building Style

Colonial

Parking

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

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,108
  • Total Building Area: 1,250
  • Gross Building Area: 1,250
  • Building Area: 1,250
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SMITHS ADD
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JORDON & SMITHS ADD TO SILVER SPRING

Ownership

  • Current Owner : MAIER DAVID
  • Current Owner 2: SHAMI ANGHAM H
  • Previous Owner : THORNHILL JOHN
  • Owner Before Previous Owner: THORNHILL JOHN
  • Owner Before Previous Owner 2: THORNHILL CHLOE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 702402

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JN33
  • Account Number: 01040411
  • District: 13
  • Parcel: 13-01040411
  • Block: 4
  • Lot: P34
  • Latitude: 38.9965
  • Longitude: -77.0222

    Address

  • Full Address: 806 Wayne Ave
  • Address - House Number: 806
  • Address - Street Name: Wayne
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C050
  • 4-Digit Zip Code: 4426
  • Zip Code: 20910

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,671

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 750,328
  • High Value: 866,986
  • Low Value: 633,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: BANK-FUND STAFF FCU
  • First Open Lien Mortgage Recording Date: Apr 28, 2023
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $558,500
  • Market Land Value: $362,900
  • Market Improvement Value: $195,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550,167

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Transaction ID: 11906055683
  • Current Sale Price: $800,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 19, 2019
  • Previous Sale Contract Date: Jun 06, 2019
  • Previous Sale Amount: $75,795
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK-FUND STAFF FCU
  • First Mortgage Transaction Date: Apr 28, 2023
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

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Frequently Asked Questions

What neighborhood is 806 Wayne Avenue located in?
The 806 Wayne Avenue is a located in the neighborhood of Silver Spring in Silver Spring, Silver Spring.
What is the average sales price for listings in 806 Wayne Avenue?
The average sales price for units in 806 Wayne Avenue is $0 currently.

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