Score
0Silver Spring, MD
13002 Autumn Dr
625K
5 beds
3 baths
2,087 sqft
5 bd • 3 ba • 2,087 sf
This analysis was generated 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
Property History
Price History
Ownership Timeline
$0Cash Purchase
Oct 11, 2013Evelyn Soler, Leroy L HamiltonEvelyn Soler Hamilton First Restatement, Leroy L Hamilton
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Jan 1, 1970Reuben & E OlerEvelyn Soler & Hamilton
Deed
Standard Sale (Purchase/Resales)
Property Taxes
$4,863
2024 Tax Assessment
13.1%from previous year
Assessed Value$422,433
Tax Rate1.15%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
4.0/10
AverageMiddle
4.0/10
AverageHigh
4.0/10
AverageFinancials
Monthly Costs
Market Rent (5 bed)
Get a detailed estimate on Zillow$1,660
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$625,000
Price/sqft
$299
Layout
5 bd•3 ba
Days on market
15 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$611,333
2.2%
Your price is 2.2% above average
Median Price
$624,000
0.2%
Based on 6 recent sales
Price per Sq.Ft
$278
7.7%
Your price is 7.7% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 810 DOWNS DR, SILVER SPRING, MD 20904 | $610,000 | 1,985 | 4 | 3 | $3072.6% | 11/2/2024 |
| 1308 MULLINS ST, SILVER SPRING, MD 20904 | $624,000 | 2,080 | 4 | 3 | $3000.2% | 10/2/2024 |
| 13313 TAMARACK RD, SILVER SPRING, MD 20904 | $657,000 | 2,296 | 4 | 3 | $2864.4% | 10/31/2024 |
| 13018 TAMARACK RD, SILVER SPRING, MD 20904 | $575,000 | 2,182 | 5 | 3 | $26412.0% | 10/11/2024 |
| 813 DOWNS DR, SILVER SPRING, MD 20904 | $642,000 | 2,432 | 4 | 3 | $26411.9% | 11/13/2024 |
| 707 ROSEMERE AVE, SILVER SPRING, MD 20904 | $560,000 | 2,260 | 5 | 3 | $24817.3% | 9/12/2024 |
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
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