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$722,000

Beds
4
Baths
3.5
sq ft
2,450

15320 Baileys Ln, Silver Spring, MD 20906

15320 Baileys Ln

SILVER SPRING, MD 20906

  • 7 days on market

Details

Property type

Single Family Residence

Est. home value

$678,413

Lot size

0.43 acres

Price per sq ft

$295

Year built

1981

Annual property taxes

$3,578

HOA

Yes

Price History

03/22/2025
Bright

Bright #MDMC2171572

Listed
$722,000
+29.16%
04/02/2020
Bright

Bright #MDMC683816

Sold
$559,000
+43.33%
06/21/2019
Bright

Bright #MDMC660832

Sold
$390,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

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

$296,801
Asking price
$722,000
Closing costs (~8% of asking)
-$57,760
Est. remaining loan balance
-$367,439
Cash to seller
$296,801

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

Seller’s Loan History

Lender

Prime Choice Funding Inc

Loan start date

April 2020

Original loan amount

$409,000

Est. remaining balance

$367,439

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Sarah Naqvi and Lithfe Hasan Naqvi

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: 03/29/2025 at 6:35 PM

Listing updated: 03/23/2025 at 9:31 AM

Listed by: Ken B Venkatesh, RE/MAX Realty Services Phone #: (301) 652-0400

MLS: Bright #MDMC2171572

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