2929 Terrace Drive, Chevy Chase, MD 20815

Silver Spring, Montgomery
Building in Silver Spring
1 Stories
Built in 1951
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Welcome to 2929 Terrace Drive, a building located in Silver Spring, Montgomery in Chevy Chase, MD. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1951. This is a single story building. The market value for the land that the building sits on has been listed at $403,800. In addition, improvements upon the building have an added value of $207,000. In total, the total market value of the property as a whole is $610,800. According to local assessors, the total value of the building is currently valued at $605,000. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1951
Effective Year Built
1951
Bedroom Count
0
Bathroom Count
3
Full Bathrooms
2
Partial Bathrooms
3
Building Condition
Average
Building Quality
C
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
Brick
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
Composition shingle
Floor Count
1
Living Units
1
Floor Cover
unknown
Basement Type
Finished improved basement
Basement Area
660
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
DONNYBROOK
Land Acres
0.201
Standard Land Use Code
Single family residential
County Land Use Code
unknown
Legal Description 1
DONNYBROOK EST
Ownership
Current Owner's Name
BALTO DAVID A
Current Owner 2's Name
BALTO R N
Owner Address - City
CHEVY CHASE
Owner Address - State
MD
Owner Address - ZIP Code
20815
Owner First Name
DAVID
Owner Last Name
BALTO
Owner Middle Name
A
Second Owner First Name
R
Second Owner Last Name
BALTO
Second Owner Middle Name
N
Neighborhood
School District Name
Montgomery County Public Schools
Census Tract
702700
Census Block Code
2002
Census Group
2
Census Year
2018
Census - Combined Statistical Area - Area Code
548
Census - Combined Statistical Area - Area Name
Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Census - County FIPS
24031
Census - Full FIPS
240317027002002
Census - Metropolitan Division - Area Code
43524
Census - Metropolitan Division - Area Name
Silver Spring-Frederick-Rockville, MD
Census - Metro Micro Statistical Area - Area Code
47900
Census - Metro Micro Statistical Area - Area Name
Washington-Arlington-Alexandria, DC-VA-MD-WV
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2416620
Census Source
US Census Bureau
Census State FIPS
24
Census Tract Code
702700
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2400480
School District - Unified - Name
Montgomery County Public Schools
Zoning
Zoning
R60
Geography
Assessors Map Reference
HN63
Account Number
01292818
District
13
Parcel
13-01292818
Block
3
Lot
8
Lot Code
unknown
Latitude
38.9949
Longitude
-77.0602
FIPS
24031
Mailing Carrier Code
C011
Mailing Full Street Address
8030 ELLINGSON DR
Mailing House Number
8030
Mailing Street Mode
DR
Mailing Street
ELLINGSON
Mailing 4-Digit Zip Code
3030
Geo Status Code
unknown
Valuation
Timestamp
2024-01-24 01:01:02
UCID Flag
C
More About The Building
In total, the building area is listed as 1,320 square feet. The building itself has 1,320 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 2929 Terrace Drive is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Silver Spring area have a median price of $2,197. Those in the 25th percentile, have a price around $2,023. While those in the 75th percentile, have a price around $2,614. Typically, the buildings in this area have a median sqft of 784. That means that the median price per sqft is around $3. In other words, the price per sqft for buildings in the 25th percentile is $3. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There are currently a total of 4 studio listings. The median price for these types of listings is $1,799. That's $3.87 price per sqft.

  • There are currently a total of 48 one bedroom listings. The median price for these types of listings is $2,102. That's $2.85 price per sqft.

  • There are currently a total of 24 two bedroom listings. The median price for these types of listings is $2,698. That's $2.65 price per sqft.

  • There are currently a total of 5 three bedroom listings. The median price for these types of listings is $2,995. That's $2.23 price per sqft.

  • There are currently a total of 3 four bedroom listings. The median price for these types of listings is $4,500. That's $1.90 price per sqft.
About The Area
2929 Terrace Drive is located in Montgomery County, Maryland. There are 1,026,371 people living here. There are 367,764 households. Most of these households have an average family size of 3.31 people. According to the census, 34% are currently renting while 66% own their homes. The median age of this population is around 38.6 years old. On average, most folks in the county are married. About 40% of folks speak a language other than English in this area. The area's employment rate is currently around 67.2%. Speaking of employment, the median income is $100,352. Most folks will commute by car for around 34.5 minutes. Finally, we know that 14% of residents in the area have graduated with their high school degree. Additionally, 27% and 32% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Washington, DC - VA - MD Urban Area has a population of 4,897,996 people. Based on census records, there are 1,763,935 registered households. Families in this area are on average made up of 3.38 people per household. Most folks are unmarried. They are also typically around 36 years old. Does diversity matter to you? Right now, 31% of folks speak a language other than English here. About 40% rent while 60% purchased their homes. Right now, the community is made up of 17% of residents who have graduated with at least a high school degree. On top of that, 26% have a Bachelor's degree and 26% have a Master's degree. The employment rate is currently around 67.5%. Those employed, have a median income of $95,550.

$1,799
Studio Median Rent
$2,102
1BR Median Rent
$2,698
2BR Median Rent
$2,995
3BR Median Rent
PUBLIC TRANSIT
1
FREYMAN DR & MEADOWBROOK LN (Under 500 ft - 3 min walk)
Montgomery County MD Ride On
1
FREYMAN DR & MEADOWBROOK LN (Under 500 ft - 3 min walk)
Montgomery County MD Ride On
1
FREYMAN DR & TERRACE DR (620 ft - 3 min walk)
Montgomery County MD Ride On
1
FREYMAN DR & TERRACE DR (640 ft - 3 min walk)
Montgomery County MD Ride On
1
MEADOWBROOK LN & EAST WEST HWY (650 ft - 3 min walk)
Montgomery County MD Ride On

Nearby Schools

(within attendance boundary)
8330 Grubb Road, Chevy Chase, MD 20815
Public  •  Elementary  •  Grades PK to 5
Montgomery County Public Schools
Westland Middle  •  3.53 mi
5511 Massachusetts Ave, Bethesda, MD 20816
Public  •  Middle School  •  Grades 6 to 8
Montgomery County Public Schools
Bethesda-Chevy Chase High  •  1.69 mi
4301 East-west Hwy, Bethesda, MD 20814
Public  •  High School  •  Grades 9 to 12
Montgomery County Public Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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