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2701 Ara Dr; Silver Spring, MD Property Details

2701 Ara Dr, Silver Spring, MD is a Single Family that was built in 1931. This property is currently a cash purchase and is not for sale. Our records show that 2701 Ara Dr has 2 bathrooms, and a total of 1,228 square feet. The lot size of 2701 Ara Dr is 64,033 square feet.

Off market
2701 Ara Dr Silver Spring, MD 20906
$599,800 Estimated Value
2 Baths
1,228 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1931
  • Purchase Price: $400,000
  • Est. Equity / %: $556,000 / 100%
  • Gross Yield: 8.84%
  • APN: 13-00955187
  • Situs County: Montgomery
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes

Measurements

  • Total: 1,228/SqFt
  • Lot: 64,033/SqFt
  • Gross: 1,228/SqFt
  • Living: 1,228/SqFt
  • Building: 1,228/SqFt
  • Ground: 1,228/SqFt
  • Price Per Square Foot: $325.73

Legal Description

  • Description: HERMITAGE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Montgomery County Public Schools
  • Lat / Lon: 39.066746 / -77.055336
  • Subdivision: Wallaces Sub
  • Property Class: Residential
  • Zoning: R90
  • County Use Code: 111

Amenities

  • Plus Four: 3703
  • Cooling: Yes
  • Heating: Yes

HOA

  • H O A One: $650
  • H O A Amount: $528
  • H O A One Frequency: Annual
  • H O A One Name: Bonifant Park Hoa Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Manor Spring Homeowners Assoc Inc
  • H O A Two Type: Home Owner Association

Ownership Info

2701 Ara Dr has no associated ownership info
2701 Ara Dr has no associated ownership info.

Taxes

2701 Ara Dr has 10 associated Taxes items

2701 Ara Dr, Silver Spring, MD pays taxes in Montgomery County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $599,800. The APN we've located for 2701 Ara Dr is 13-00955187.

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Taxes
  • Assessed Value:  $599,800
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  13-00955187
  • Assessed Land Value:  499000
  • Market Land Value:  499000
  • Tax Amount:  951.89
  • Tax Year:  2025
  • Market Value:  610800
  • Market Year:  2026

Tax History

2701 Ara Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $603,467 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $951.89 Change Rate +0.107699% Assessed CR Tax Rate
Year 2024 Assessed Value $588,800 Land Value Improvement Value Tax Amount $859.34 Change Rate +0.040451% Assessed CR Tax Rate +0.001459%
Year 2023 Assessed Value $577,800 Land Value Improvement Value Tax Amount $825.93 Change Rate +0.068308% Assessed CR Tax Rate +0.001429%
Year 2022 Assessed Value $566,800 Land Value $499,000 Improvement Value $67,800 Tax Amount $773.12 Change Rate -0.454412% Assessed CR Tax Rate +0.001364%
Year 2021 Assessed Value $566,800 Land Value $499,000 Improvement Value $67,800 Tax Amount $1,417.04 Change Rate Assessed CR Tax Rate +0.0025%
Year 2020 Assessed Value $566,800 Land Value $499,000 Improvement Value $67,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $584,200 Land Value $516,800 Improvement Value $67,400 Tax Amount $14,149.54 Change Rate +1.192483% Assessed CR Tax Rate +0.02422%
Year 2018 Assessed Value $584,200 Land Value $516,800 Improvement Value $67,400 Tax Amount $6,453.66 Change Rate -0.026842% Assessed CR Tax Rate +0.011047%
Year 2017 Assessed Value $584,200 Land Value Improvement Value Tax Amount $6,631.67 Change Rate Assessed CR Tax Rate +0.011352%
Year 2016 Assessed Value $586,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $583,933 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $581,767 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $5,988.7 Change Rate Assessed CR Tax Rate