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$1,100,000

Beds
5
Baths
4.5
sq ft
3,400

1029 E Randolph Rd, Silver Spring, MD 20904

1029 E Randolph Rd

SILVER SPRING, MD 20904

  • 16 days on market
Welcome home to this two-year young center hall colonial in the Randolph Estates Community of Silver Spring! This 5 bedroom, 4.5 bathroom home with a beautiful stone and brick front elevation features 9-foot ceilings, impeccable finishes and is flooded with natural light. The gourmet kitchen boasts stone countertops, an island, upgraded cabinets, stainless steel appliances and a breakfast nook with direct access to the two-car garage. The coffered ceiling living room has a beautiful stone-stacked gas fireplace and opens up to a lovely trex deck perfect for entertaining. The formal dining room boasts designer moulding and is large enough for all your holiday gatherings! An essential powder room and light-filled home office round out the first floor. As you head upstairs, the generous owner’s suite has a tray ceiling, two walk-in closets and a stunning en-suite bath with soaking tub, separate shower, water closet and two separate vanities. Three additional generously sized bedrooms with two full baths round out this level. A full-size washer and dryer are also located on this level for added convenience! The lower level has an exit to the enormous fenced backyard and features a family room, the 5th bedroom with an en-suite bath, an exercise room, and plenty of storage. With 2021 construction, this home is move-in ready! Additionally, the owners have made many upgrades, including high quality blinds, an electric car charger, new sod, a backyard privacy fence, and a front wrought iron fence. This central location is a 4 minute drive to the ICC and 10 minutes to the 495 interchange, Georgia Ave and Glenmont Metro station.

Details

Property type

Single Family Residence

Est. home value

$1,013,113

Lot size

0.29 acres

Price per sq ft

$324

Year built

2021

Annual property taxes

$11,147

HOA

No

Price History

06/12/2024

Bright #MDMC2134920

Listed
$1,100,000
+13.52%
07/29/2022

Bright #MDMC2044390

Sold
$969,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$258,342
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$753,658
Cash to seller
$258,342

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2022

Original loan amount

$775,200

Est. remaining balance

$753,658

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Thomas C Siegel and Joseph E Whalen Iii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/26/2024 at 2:45 PM

Listing updated: 06/15/2024 at 8:43 PM

Listed by: Robin Goelman, Compass Phone #: (301) 304-8444

MLS: Bright #MDMC2134920

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