tomo logo

$675,000

Beds
3
Baths
2.0
sq ft
1,814

807 Lanark Way, Silver Spring, MD 20901

807 Lanark Way

SILVER SPRING, MD 20901

  • 15 days on market
Don’t miss this luxuriously-renovated 3-bed, 2-bath single family home situated on a generous corner lot in the highly desired South Four Corners neighborhood. Step inside to be welcomed by the refinished hardwood flooring and abundant natural light throughout the main level. The updated Chef’s kitchen boasts beautiful white cabinetry, granite countertops, tiled flooring, contemporary backsplash and brand-new Electrolux stainless steel appliances, including an induction oven, built-in microwave, and French door refrigerator. The spacious living and dining areas flow seamlessly, ideal for entertaining friends and family. Three spacious bedrooms share a stunningly renovated full bath with upgraded plumbing, floor-to-ceiling tiling, and a walk-in shower - making one-level living as comfortable as it is stylish. The renovated spacious lower level includes high-end carpet, a built in entertainment center and cozy electric fireplace with stone surround. A potential 4th bedroom with an adjacent full bath featuring dual-sink vanity, custom designer tile, walk-in shower and soaking tub is the perfect layout for an in-law suite, long-term guests, or in-home office. Large laundry room with Electrolux washer and dryer plus bonus storage space completes this lower level. Watch kids and pets play or host the perfect BBQ in the large fenced-in rear yard with stone patio and awning. A covered carport equipped with an 80-amp Tesla charger and long driveway provides off-street parking for 3+ cars. With over $200K in recent renovations from 2022-2024, this meticulously designed home showcases upgrades throughout, including replacement windows and exterior doors, custom Hunter Douglas window treatments, solid wood main level interior doors, new roof (2023), water heater (2021), HVAC (2020), and a 200-amp electrical heavy-up providing plenty of future expansion capacity. PLUS, you will love the fully-owned 8.8kW solar panel system, installed in 2023 and generating approx. 11,500 kW of electricity per year, keeping average electric bills to less than $10 per month! Ideally-located within 2 miles from Forest Glen and Silver Spring Metro, North Four Corners Park, Sligo Creek Golf Course, Woodmoor Shopping Center, easy access to 495, and all of the shopping and restaurants that Downtown Silver Spring has to offer. Don’t miss this!

Details

Property type

Single Family Residence

Est. home value

$590,519

Lot size

7,219 sq ft

Price per sq ft

$373

Year built

1953

Annual property taxes

$5,043

HOA

No

Price History

11/14/2024
Bright

Bright #MDMC2154252

Listed
$675,000
+6.3%
08/11/2023
Bright

Bright #MDMC2099490

Sold
$635,000
+60.76%
12/11/2018
Bright

Bright #MDMC100720

Sold
$395,000

Schools & Community

Elementary school: 

MONTGOMERY KNOLLS

Middle school: 

SILVER SPRING INTERNATIONAL

High school: 

NORTHWOOD

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

Fedfinancial Fcu

Loan start date

November 2023

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Credit Line (Revolving), 3 year

Seller

Spencer Case

Lender

Guaranteed Rate Inc

Loan start date

August 2023

Original loan amount

$476,250

Est. remaining balance

$469,753

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Spencer Case

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: 11/22/2024 at 12:30 AM

Listing updated: 11/14/2024 at 11:29 AM

Listed by: Sheena Saydam, Keller Williams Capital Properties Phone #: (202) 243-7700

MLS: Bright #MDMC2154252

Bright logo

Recently listed in SILVER SPRING