masterkey logo
13002 Autumn Dr
Silver Spring, MD

13002 Autumn Dr

$625,000
5 bd • 3 ba • 2,087 sf

This analysis was generated by artificial intelligence on 1/22/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$625,000

Price/Sq.Ft

$299

Year Built

1969

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

The property at 13002 Autumn Dr, Silver Spring, MD offers exceptional value with its spacious 2,087 sqft layout and 5 bedrooms, priced at $299.47/sqft, which is approximately 15% below the average for similar homes in the area. The home's adaptability is a significant asset, with a main floor office that could serve as a 5th bedroom. The property boasts beautiful hardwood floors, ample natural light, and an open floor plan that's ideal for modern living. The large, flat, fenced-in yard adds significant value, especially for families or pet owners. The primary suite with its own bathroom and walk-in closet is a luxurious feature. The lower level's 1,000+ sqft of unfinished space offers tremendous potential for customization, potentially adding significant value to the property.

The Bad

The property's age (built in 1969) suggests potential for needed updates or replacements of major systems. The SEVERE flood risk (7/10) is a significant concern that could lead to higher insurance costs and potential property damage. The home's energy efficiency may be subpar due to its age, potentially resulting in higher utility costs. The schools in the area have below-average ratings (4-5/10), which could impact resale value and attractiveness to families with school-age children. The property has been on the market for 15 days, which is slightly longer than average in the current competitive Silver Spring market, potentially indicating overpricing or underlying issues.

The Ugly

The SEVERE flood risk (7/10) is the most pressing concern, with flood insurance being deemed CRITICAL. This could lead to significantly higher insurance premiums and potential difficulties in obtaining mortgage financing. The discrepancy between the listed square footage (2,087 sqft) and the description mentioning "over 3,200 square feet" raises questions about accuracy and could lead to legal issues or disappointment for buyers. The property's MAJOR heat risk (6/10) with 7 hot days per year over 102°F could necessitate costly HVAC upgrades or result in high cooling costs. The lower-rated schools in the area (4-5/10) could significantly impact long-term property value appreciation.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is best suited for: 1. Large families or multi-generational households who need the space and can utilize all 5 bedrooms. 2. Buyers looking for a property with potential for customization, particularly with the unfinished lower level. 3. Work-from-home professionals who can benefit from the main floor office space. 4. Buyers with a household income of $150,000+ who can comfortably afford the $625,000 price tag and potential additional costs for flood mitigation and property updates. 5. Those who prioritize outdoor space and are willing to invest in flood protection measures. 6. Investors looking for a property with potential for value-add through renovations and upgrades, particularly if they can mitigate the flood risk.

Not For

This property is not suitable for: 1. First-time homebuyers or those with limited budgets, given the high purchase price and potential for additional costs. 2. Buyers with a low risk tolerance, particularly regarding flood and climate risks. 3. Families prioritizing top-rated schools, given the below-average school ratings in the area. 4. Those seeking a move-in ready home without the need for potential major updates or renovations. 5. Buyers without the financial means to address potential flooding issues or invest in necessary property upgrades. 6. Individuals with mobility issues who may struggle with a multi-level home. 7. Investors looking for immediate high rental yields without additional investment, given the potential need for updates and flood mitigation.
Demographics
Area Median Income

$86,513

Price Prediction Challenge

Think you know what 13002 Autumn Dr will sell for? Put your market expertise to the test!

Be the first to predict

Your local insight could help set the benchmark for other buyers.

No predictions yet

Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.

Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Risk Assessment

Climate Risks

floodSEVERE

FEMA Zone: X_UNSHADED

Insurance: Required

heatMAJOR

7 extreme heat days per year

98th percentile: 102°F

airMODERATE

4 bad air quality days per year

windMODERATE

Insurance: Recommended

fireMINIMAL

Insurance: Optional

Risk Analysis

1. Severe flood risk (7/10) could lead to property damage, high insurance costs, and potential difficulties in resale. 2. Discrepancy in square footage listing could result in legal issues or buyer dissatisfaction. 3. Age of the property (built in 1969) suggests potential for major system failures or needed updates. 4. Major heat risk (6/10) could necessitate costly HVAC upgrades or result in high cooling costs. 5. Below-average school ratings may impact long-term property value appreciation. 6. Moderate air quality risk (4/10) with 4 bad air days per year could affect quality of life and health. 7. Potential for higher-than-average maintenance costs due to the property's age and size. 8. Risk of overpaying if the property is indeed overpriced, as suggested by its 15 days on market in a competitive area. 9. Unfinished lower level could require significant investment to make fully usable. 10. Potential for increased property taxes due to improvements or area development.
Insurance
Annual Cost

$2,250

$188 per month

Financials

Monthly Costs

Price History

Property Taxes

$4,863
2024 Tax Assessment
13.1%from previous year
Assessed Value$422,433
Tax Rate1.15%

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$611,333

-2.2% below list price

Median Price

$624,000

Based on 6 recent sales

Price per Sq.Ft

$278

Comparable Properties

810 DOWNS DR, SILVER SPRING, MD 20904
Price: $610,000
Sq.Ft: 1,985
Beds/Baths: 4/3
$/Sq.Ft:
$3072.6%
Sale Date: 11/2/2024
1308 MULLINS ST, SILVER SPRING, MD 20904
Price: $624,000
Sq.Ft: 2,080
Beds/Baths: 4/3
$/Sq.Ft:
$3000.2%
Sale Date: 10/2/2024
13313 TAMARACK RD, SILVER SPRING, MD 20904
Price: $657,000
Sq.Ft: 2,296
Beds/Baths: 4/3
$/Sq.Ft:
$2864.4%
Sale Date: 10/31/2024
13018 TAMARACK RD, SILVER SPRING, MD 20904
Price: $575,000
Sq.Ft: 2,182
Beds/Baths: 5/3
$/Sq.Ft:
$26412.0%
Sale Date: 10/11/2024
813 DOWNS DR, SILVER SPRING, MD 20904
Price: $642,000
Sq.Ft: 2,432
Beds/Baths: 4/3
$/Sq.Ft:
$26411.9%
Sale Date: 11/13/2024
707 ROSEMERE AVE, SILVER SPRING, MD 20904
Price: $560,000
Sq.Ft: 2,260
Beds/Baths: 5/3
$/Sq.Ft:
$24817.3%
Sale Date: 9/12/2024

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Potential Savings

$18,750

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow® listing.

Free Analysis
AI-Powered Insights
Instant Results