Silver Spring, MD 20903,1418 STATESIDE DR
Silver Spring, MD 20903,1418 STATESIDE DR
Silver Spring, MD 20903,1418 STATESIDE DR
$640,000
Est. payment /mo
$669,000
4.3%
Est.Price: ?

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6 Beds
4 Baths
3,338 SqFt
SOLD DATE : 05/31/2022

Key Details

Sold Price $640,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,338 sqft

Price per Sqft $191

Subdivision None Available

MLS Listing ID MDMC2026804

Sold Date 05/31/22

Style Colonial

Bedrooms 6

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 2,588

Originating Board BRIGHT

Year Built 1951

Annual Tax Amount $6,088

Tax Year 2022

Lot Size 0.516 Acres

Acres 0.52

Property Description

NEW LOWER PRICE!

Great investment, or a great place to live!

Large, spacious home, featuring a total of 5 bedrooms, and 4 full bathrooms, minutes to the Beltway, minutes to the DC line.

Currently, the house operates as a licensed rental facility. The Montgomery County rental license is up to date, transferrable, and available for sale separately. Current owner will assist in the transfer of the license. All inspections have been performed and are currently up to date.
There 6 rental spaces within the house. They rent for $650, $675, $850, $450, $750, and $1300 per month. There is also a large apartment in the basement with it's own kitchen, bathroom, living room and entrance which is unoccupied and should bring an additional $1300. There is a large bedroom on the first floor which is unoccupied and should bring $900 per month rent. Utilities are included. All tenants are willing to stay on. Four of the units have tenants who have occupied for more than a year and are eligible for rent increases. Annual rental income, not including the two empty units is approximately 47,100.

If you aren't interested in running a business, this will make a large, spacious, wonderful home!

Spacious, separate basement apartment, renovated less than two years ago, has a fireplace, full bathroom and its own walk-out entrance. There are large living rooms on the first and second floors and large Owner's suites on both the first and second floor.

Originally a ranch style house, the entire second floor was added in 2010, which added an additional primary bedroom with a walk in closet, and attached full bathroom, and additional bedroom, office, and living room, as well as its own zone of heating and air conditioning and a new roof.

Large, flat, private back yard is perfect for gardening, or relaxing.

Detached two car, two story garage with plenty of storage space.

Solar panels have been added to reduce energy costs, as well as two zone heating and air conditioning.

Location

State MD

County Montgomery

Zoning R60

Rooms

Basement Fully Finished

Main Level Bedrooms 3

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplaces Number 2

Fireplace Y

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry, Oversized, Additional Storage Area

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage Y

Building

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Cresthaven

Middle Schools Francis Scott Key

High Schools Springbrook

School District Montgomery County Public Schools

Others

Senior Community No

Tax ID 160500265650

Ownership Fee Simple

SqFt Source Assessor

Horse Property N

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Peter A Borlo • Murray Real Estate Corp.
Bought with Albert J Gomez • Smart Realty, LLC

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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