8804 1st Avenue
Silver Spring, MD 20910
- 3 beds
- 3 baths
- 1,578 sqft
- 15,000 sqft lot
- $434 per sqft
- 1939 build
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Investor and Sweat Equity Buyers Dream House Awaits Rebirth in Silver Spring! Discover a prime investment opportunity at 8804 1st Ave, Silver Spring, MD. This property, nestled in a sought-after location, offers vast potential for savvy investors looking to reimagine and revitalize. Key Features: Location: Ideally situated in Silver Spring, enjoy urban conveniences while relishing a tranquil residential setting. Size and Structure: With a spacious layout of 2271 sq/ft spread out over three levels, this property beckons creative redesigns, presenting an open canvas for innovative transformations. This home is also situated on a very large lot of approx 15,000 sq/ft or almost 3/4 of an acre. Bump out or up potential galore and possible addition of an other building such as a home office, garage or artist studio. Be creative and let your architect make some suggestions. Investment Potential: Unlock the potential for a lucrative investment in a rapidly growing market, promising significant returns with strategic renovations. Wonder the local area and see what how similar homes have been renovated, updated and expanded. Surrounding Area: Close to local attractions, parks, shopping, and top-rated schools, enhancing the property's appeal for future buyers or renters. Why It's a Dream for Investors and Sweat Equity Homeowners: Renovation Opportunity: Embrace the challenge of remodeling this property, harnessing its blank slate to create a modern, captivating living space. Profit Prospects: Leverage the property's location and growth potential in Silver Spring for a promising return on investment. Resale/Rental Potential: After renovation, attract eager buyers or tenants seeking a stylish, revamped dwelling in this burgeoning area. Take advantage of this rare opportunity to breathe new life into this lovely property. Explore the endless possibilities of this property, and make your mark in the thriving Silver Spring real estate scene. Schedule a viewing today to unleash its full potential!
Listing courtesy of BRIGHT / RLAH @properties
Last checked:
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Last updated Oct 17, 2024
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MLS# MDMC2106512 —
The Building
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Year Built:1939
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Structure Type:Detached
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Architectural Style:Colonial
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Levels:3
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Entry Floor Number:1
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Accessibility Features:None
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Foundation Details:Block
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Basement:Yes
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Basement Type:Connecting Stairway
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Total SqFt Source:Assessor
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Total Below Grade SqFt:693
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1578
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt:693
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1578
Interior
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Interior Features:Kitchen - Galley
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Room List:Living Room, Dining Room, Kitchen
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Flooring Type:Hardwood
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Fireplace:Yes
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Fireplaces:1
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2271
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Living Area SqFt:1,578 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Cash
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Possession:0-30 Days CD, Settlement
Location
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Directions:Georgia Ave to Ballard Street to 1st Ave
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Latitude:39.00038000
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Longitude:-77.03535000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.34
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Lot Size Source:Assessor
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Lot SqFt:15,000 Sqft
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Zoning:R60
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (202) 550-0534
- Office phone:
- (202) 518-8781
Taxes
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Tax ID Number:161301091088
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Tax Year:2022
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Tax Lot:3
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Tax Annual Amount:$6,874
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Tax Assessed Value:$577,033
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Year Assessed:2023
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County Tax:6281.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
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Upper Level Full Baths:2
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Lower Level Half Baths:1
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Upper Level Total Baths:2
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Upper Level Total Baths:2.00
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All Lower Levels Total Baths:1
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Lower Level Total Baths:1.00
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Upper Level Full Baths:2
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Lower Level Half Baths:1
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Radiator
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Heating Fuel:Natural Gas
Utilities
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Utilities:Cable TV, Multiple Phone Lines, Phone, Electric Available, Natural Gas Available
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Sewer/Septic:Public Sewer
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Electric Service:150 Amps
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Hot Water:Natural Gas
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Water Source:Public
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Internet Services:Fiber Optic
Appliances
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Laundry Type:Basement
Schools
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School District Name:Montgomery County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Woodside
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
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Municipal Trash:Yes
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Transportation:Bus Stop less than 1 mile, Airport less than 10 miles, Metro/Subway Station less than 1 mile
Parking
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Garage:No
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Type of Parking:Driveway
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/16/24
Jan 16, 2024
|
Sold | BRIGHT | $685,000 | -2.1% |
12/4/23
Dec 4, 2023
|
Pending | BRIGHT | $699,900 | |
11/30/23
Nov 30, 2023
|
Listed / Active | BRIGHT | $699,900 |