StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 524 E Indian Spring Dr
Welcome to this lovely rambler with 3 bedrooms, 2 full baths situated in the Franklin Knolls neighborhood, this charming brick rambler boasts a walk-out basement, offering ample space for comfortable living. The main level features a good sized kitchen and three generously sized bedrooms, including the owner's suite complete with a full en-suite bathroom. The finished lower level adds a great recreation space with flexible office space, and a half bathroom. With no HOA, this property offers convenience to biking or hiking on Sligo Creek Parkway or Northwest Branch. There’s easy access to transportation in every direction. Home is being strictly sold as-is. This home presents an exciting opportunity to craft your dream home in a coveted location. **Brand new carpet and LVP flooring in lower level as well as den on main level.
Property Details
Property Features
Property Information:
Architectural Style: Ranch/Rambler
Year Built: 1961
Stories: 2
Living Area: 1,901 SqFt
Listing Office:
Office Name: EXP Realty, LLC
Office Phone: (888) 860-7369
Listing Agent: Tina C Cheung
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Parking Information:
Parking: Concrete Driveway, Driveway, On Street
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Central Air
School Info
Assigned Schools Information:
Montgomery Blair High School, Public Magnet Grades 9-12
Eastern Middle School, Public Magnet Grades 6-8
Pine Crest Elementary School, Public Magnet Grades 3-5
Other
Directions Information:
Directions: When coming from DC going east on University Blvd, Pass Franklin Ave, and make a right on E. Indian Spring Drive. When coming from MD North, head W on University Blvd and turn left on E. Indian Spring Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $520,000
Price Per SqFt: $274/SqFt
Tax Information:
Annual Amount: $3,620
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDMC2126274
Listing Office:
Office Name: EXP Realty, LLC
Office Phone: (888) 860-7369
Listing Agent: Tina C Cheung
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,663
Per Month
Principal & Interest
$2,596
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,625
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Pine Crest Elementary School
201 Woodmoor Dr
Distance between this listing and this school0.53 miles
Public Magnet Grades 3-5
Middle School
5
/10
Eastern Middle School
300 University Blvd E
Distance between this listing and this school0.34 miles
Public Magnet Grades 6-8
High School
5
/10
Montgomery Blair High School
51 University Blvd E
Distance between this listing and this school0.77 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Pine Crest Elementary School
201 Woodmoor Dr
Distance between this listing and this school0.53 miles
Public Magnet Grades 3-5
Nearby Schools
2
/10
Broad Acres Elementary School
710 Beacon Rd
Distance between this listing and this school0.82 miles
Public District Grades PK-5
5
/10
Oak View Elementary School
400 E Wayne Ave
Distance between this listing and this school0.83 miles
Public Magnet Grades 3-5
Assigned Schools
5
/10
Eastern Middle School
300 University Blvd E
Distance between this listing and this school0.34 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Francis Scott Key Middle School
910 Schindler Dr
Distance between this listing and this school0.85 miles
Public District Grades 6-8
5
/10
Silver Spring International Middle School
313 Wayne Ave
Distance between this listing and this school1.46 miles
Public District Grades 6-8
Assigned Schools
5
/10
Montgomery Blair High School
51 University Blvd E
Distance between this listing and this school0.77 miles
Public Magnet Grades 9-12
Nearby Schools
5
/10
Northwood High School
919 University Blvd W
Distance between this listing and this school1.92 miles
Public District Grades 9-12
5
/10
Springbrook High School
201 Valley Brook Dr
Distance between this listing and this school2.96 miles
The neighbors living near this home have an average income of $82,555. Most Montgomery County, MD residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 524 E Indian Spring Dr
What is the listing price of this property?
The listing price of 524 E Indian Spring Dr property is $520,000.
What type of property is this?
The property 524 E Indian Spring Dr is a house located in Silver Spring, Maryland, 20901.
Is this property for sale now?
Accepting Backup Offers: 524 E Indian Spring Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 524 E Indian Spring Dr are: Pine Crest Elementary School: GreatSchools Rating 5/10Eastern Middle School: GreatSchools Rating 5/10Montgomery Blair High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,620 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 524 E Indian Spring Dr has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 524 E Indian Spring Dr is 1,901 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 524 E Indian Spring Dr is 1961.
This home is located at 524 E Indian Spring Dr in Silver Spring, MD and zip code 20901 in the Silver Spring neighborhood. This 1,901 square foot home, which was built in 1961, sits on a 0.19 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $520,000.
Montgomery County, MD housing market in May 2024 saw over 370 listings sold above listed price, more than 139 sold at listed price and over 138 sold below. In May 2024 in Montgomery County, MD there were 14.3% more homes for sale than in April 2024. While the average time on the market in May 2024 was 14 days, the median list price was $592,794.
From Rocket Homes Real Estate and based on county public records data.