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11516 Highview Ave
Score
0
Silver Spring, MD

11516 Highview Ave

755K
3 bd • 2 ba • 1,301 sf

This analysis was generated on 3/9/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$755,000

Price/Sq.Ft

$580

Year Built

AI Property Analysis

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

The Good

• Hardwood Floors: Adds warmth and value, estimated $5,000-$10,000 depending on square footage. • Modern Kitchen: Updated kitchen with modern cabinets and countertops, estimated $15,000-$25,000 value add. • Vaulted Ceilings: Creates a spacious feel, adding approximately $3,000-$7,000 in value. • Hardwood Floors • Brick Fireplace • Vaulted Ceilings • Modern Kitchen • Price Position: At $580.32 per square foot, this property is significantly overpriced compared to the area average of $295. This discrepancy needs to be justified by exceptional features or condition. • Appreciation Trend: Homes in 20902 have sold for 4.6% more than they did a year ago, indicating a positive but potentially slowing appreciation trend. • Rental Income: $2,430/month with 90% occupancy (0.0% cap rate) • Schools: No school data available to assess impact on value • Future Development: No specific planned changes are listed, but the proximity to Rock Creek Park and the AFI Silver Theatre and Cultural Center are positive amenities. • Excellent natural light due to the large windows in the living area. The kitchen also benefits from natural light.
Hardwood Floors

Hardwood Floors

Adds warmth and value, estimated $5,000-$10,000 depending on square footage.

Modern Kitchen

Modern Kitchen

Updated kitchen with modern cabinets and countertops, estimated $15,000-$25,000 value add.

Vaulted Ceilings

Vaulted Ceilings

Creates a spacious feel, adding approximately $3,000-$7,000 in value.

The Bad

• Fireplace Cleaning and Inspection (MEDIUM priority): $2,000 • The property's high price per square foot ($580.32) compared to the area average ($295) may limit future appreciation potential. • Lack of property details (year built, features, description) makes it difficult to assess its true value and potential risks. • No crime data available makes it difficult to assess neighborhood safety and potential impact on property value. • Climate Risk: No climate risk data available.

The Ugly

• Potential Overpricing: $145,000 above estimated value (23.8% premium)
Brick Fireplace

Brick Fireplace

The brick fireplace appears aged and may require maintenance or repairs.

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

Rental Property Investors: Potential annual revenue of $29,160 with 90% occupancy rate Renovation-Minded Buyers: Estimated $2,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$100,435

Property History

Price History
Ownership Timeline
$755,000Financed
Mar 14, 2024
Paul D Lee, Sonia Garcia LeeJoseph Kenent Umanzor, Sandy Umanzor
Deed
Standard Sale (Purchase/Resales)
$460,000Cash Purchase
Mar 11, 2022
Scott StancillPaul D Lee, Sonia Garcia Lee
Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Dec 14, 2021
Philip L Odonoghue, Estate Of Jean B McconvilleScott Stancill
Deed
Non-Arm's Length Transactions
$0Cash Purchase
Jan 1, 1970
Gunars J & J M RutinsJean B Mcconville
Deed
Standard Sale (Purchase/Resales)

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

3.0/10
Below Average

Middle

4.0/10
Average

High

4.0/10
Average

Financials

Monthly Costs
Market Rent (3 bed)

$1,680

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$755,000
Price/sqft
$580
Layout
3 bd2 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$484,713

55.8%

Your price is 55.8% above average

Median Price

$499,900

51.0%

Based on 6 recent sales

Price per Sq.Ft

$374

55.2%

Your price is 55.2% above average $/sqft

Comparable Properties

3313 CLARIDGE CT, SILVER SPRING, MD 20902
Price: $344,000
Sq.Ft: 1,306
Beds/Baths: 3/2
$/Sq.Ft:
$26354.6%
Sale Date: 1/11/2025
2921 PARKER AVE, SILVER SPRING, MD 20902
Price: $457,877
Sq.Ft: 1,331
Beds/Baths: 3/2
$/Sq.Ft:
$34440.7%
Sale Date: 1/14/2025
2808 MCCOMAS AVE, KENSINGTON, MD 20895
Price: $600,000
Sq.Ft: 1,077
Beds/Baths: 3/2
$/Sq.Ft:
$5574.0%
Sale Date: 1/20/2025
12056 MILTON ST, SILVER SPRING, MD 20902
Price: $429,000
Sq.Ft: 1,512
Beds/Baths: 3/2
$/Sq.Ft:
$28451.1%
Sale Date: 1/3/2025
3407 NIMITZ RD, KENSINGTON, MD 20895
Price: $577,500
Sq.Ft: 1,372
Beds/Baths: 3/2
$/Sq.Ft:
$42127.5%
Sale Date: 10/14/2024
11512 IDLEWOOD RD, SILVER SPRING, MD 20906
Price: $499,900
Sq.Ft: 1,327
Beds/Baths: 3/2
$/Sq.Ft:
$37735.1%
Sale Date: 9/25/2024

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