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Backup Offers

406 Penwood Rd, Silver Spring, MD, 20901

$625,000

Home List Price

$7,422*

Closing Credit

3 Bedrooms
2 Full Baths
1,975 SqFt
$316/SqFt
House

Location

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406 Penwood Rd, Silver Spring$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Attached Garage, Driveway
Garage1 space
Year Built1950
HeatingCentral
CoolingCentral Air
BasementYes
MLS #MDMC2152820
Lot Size0.20 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 406 Penwood Rd

Located on a quiet street in the heart of the highly desirable Woodmoor neighborhood, this is the one you have been waiting for! A beautiful flagstone front porch overlooks the freshly landscaped yard. Upon entry, there is a spacious living room with wood burning fireplace and a formal dining room that leads you back to a sunroom addition with vaulted ceilings! The sunroom has windows all around and double doors leading out to the deck that overlooks the large backyard with a swing set that conveys! The open flow of the main level is perfect for entertaining! There is a hallway separating the main living space from the three bedrooms and a recently updated full bath (2021). The kitchen with stainless appliances and a window overlook the backyard completes the main level. The finished basement offers an additional rec room and bonus space, currently being used as a playroom and home office! The basement has a second full bath (updated in 2021), the laundry room, and access to the one car garage. Additional storage space is available in the attic and storage shed in the backyard. Some notable updates include: HVAC (2020), Mini Split AC in sunroom (2021), Partial replacement of front part of the roof (2018), ADT Security System, and a Heavy Up to 200 amp.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,975 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (240) 219-2422
  • Listing Agent: Maureen C Weaver

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: University to St. Lawrence Drive - turn right on Cherry Tree and left on Penwood. Home on right hand side

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $316/SqFt

Tax Information:

  • Annual Amount: $4,775
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2152820

Listing Office:

  • Office Name: Compass
  • Office Phone: (240) 219-2422
  • Listing Agent: Maureen C Weaver

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 09, 2015Home Sold
$449,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,775$448,800
2020$2,406$448,800
2018$4,573$432,267

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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.

Nearby Schools

school-card-donut-282786
5
/10

  • Pine Crest Elementary School

  • 201 Woodmoor Dr

  • 0.25 miles

  • Public Magnet Grades 3-5

school-card-donut-282787
3
/10

  • Cresthaven Elementary School

  • 1234 Cresthaven Dr

  • 0.76 miles

  • Public District Grades 3-5

school-card-donut-282788
2
/10

  • JoAnn Leleck Elementary School at Broad Acres

  • 710 Beacon Rd

  • 1.18 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,102. Most Montgomery County, MD residents have annual incomes between $100k-200k. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 406 Penwood Rd

What is the listing price of this property?

The listing price of 406 Penwood Rd property is $625,000.

What type of property is this?

The property 406 Penwood Rd is a house located in Silver Spring, Maryland, 20901.

Is this property for sale now?

Accepting Backup Offers: 406 Penwood Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,775 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 9, 2015 for $449,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 406 Penwood Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 406 Penwood Rd is 1,975 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 406 Penwood Rd is 1950.

Rocket Homes›Maryland›Montgomery County›Silver Spring›20901›406 Penwood Rd

This home is located at 406 Penwood Rd in Silver Spring, MD and zip code 20901 in the Woodmoor / Pinecrest neighborhood. This 1,975 square foot home, which was built in 1950, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $625,000.

In October 2024 more than 340 listings in Montgomery County, MD were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 226 were sold below. The inventory of homes for sale in Montgomery County, MD between September 2024 and October 2024 increased by 13.9%. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $606,055.

From Rocket Homes Real Estate and based on county public records data.

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