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$689,000

Beds
3
Baths
2.5
sq ft
1,860

2712 Arvin St, Silver Spring, MD 20902

2712 Arvin St

SILVER SPRING, MD 20902

  • 32 days on market
    • Price drop $11,000↓
Discover the charm and elegance of this beautifully updated home that truly has it all. From the moment you arrive, the mature landscaping, flagstone walkway, and classic brick facade create a welcoming first impression. Step inside to find a light-filled living room, complete with recessed lighting and leading to an updated powder room with pocket doors. The eat-in kitchen, fully remodeled in 2018, boasts quartz countertops, stainless steel appliances, soft-close cabinets, and stylish crown and chair molding. The expansive family room is an inviting retreat, featuring a custom fireplace and vaulted ceilings. Upstairs, you'll find three bedrooms and a recently upgraded bathroom. The renovated, walk-out, basement offers a spacious recreation room and a full bathroom—a rare find in this area! The basement could be used as a 4th bedroom with its direct access to the backyard, The backyard is an entertainer’s dream and a peaceful retreat all in one, with a large deck, stone walkway, fire pit area, and two sheds for added storage. And the location? Perfectly situated less than a mile from the Wheaton Metro, just 2.5 miles from I-495, and minutes from a variety of shopping and dining options. Don’t miss your chance to own this exceptional home—it’s sure to sell quickly! Approximate Age of Equipment: HVAC (10 years), water heater (5 years), and roof (12 years).

Details

Property type

Single Family Residence

Est. home value

$575,149

Lot size

6,317 sq ft

Price per sq ft

$371

Year built

1949

Annual property taxes

$6,065

HOA

No

Price History

09/27/2024
Bright

Bright #MDMC2145384

Price change
$689,000
-1.57%
09/12/2024
Bright

Bright #MDMC2145384

Pending
$700,000
08/28/2024
Bright

Bright #MDMC2145384

Listed
$700,000
+30.35%

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

$215,780
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$418,100
Cash to seller
$215,780

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

Seller’s Loan History

Lender

Presidential Bank Fsb

Loan start date

December 2020

Original loan amount

$456,450

Est. remaining balance

$418,100

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Brian P Krauss and Sara B Krauss

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: 09/27/2024 at 8:20 PM

Listing updated: 09/27/2024 at 10:46 AM

Listed by: Timothy L Washlack, CENTURY 21 New Millennium Phone #: (703) 818-0111

MLS: Bright #MDMC2145384

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