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3940 Chesterwood Dr

Silver Spring, MD 20906

2 bd 2 ba 1,350 sqft Built 1983 condos
Most recent sale
$292,900
Dec 2, 2005

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 28, 2025 Sold $340,000 BrightMLS
Mar 18, 2025 Price changed $340,000 BrightMLS
Jan 10, 2025 Price changed $370,000 BrightMLS
Oct 25, 2022 Relisted $230,000 MLS #MDMC2040454
Oct 14, 2022 Price changed $230,000 MLS #MDMC2040454
May 23, 2022 Price changed $240,000 MLS #MDMC2040454
May 12, 2022 Price changed $250,000 MLS #MDMC2040454
May 4, 2022 Price changed $260,000 MLS #MDMC2040454
Apr 8, 2022 Price changed $270,000 MLS #MDMC2040454
Mar 21, 2022 Price changed $280,000 MLS #MDMC2040454
Mar 17, 2022 Listed $265,000 MLS #MDMC2040454
Dec 2, 2005 Sold $292,900 Public Record
Aug 27, 2002 Sold $20,368 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $256,667 $3,049
2024 $256,667 $2,957
2023 $243,333 $2,186
2022 $236,667 $1,990
2021 $161,000 $69,000 $230,000 $1,912
2020 $220,000 $1,799
2019 $210,000 $380
2018 $140,000 $60,000 $200,000 $1,576
2017 $183,333 $1,412
2016 $105,000 $45,000 $150,000 $1,029
2015 $105,000 $45,000 $150,000 $279
2014 $150,000 $1,062
2013 $150,000 $1,484
2012 $190,000 $1,483
2011 $190,000 $1,391
2010 $190,000 $1,295
2009 $315,000 $2,583
2008 $315,000 $2,327

Property facts

Year built
1983
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,350 sqft
Lot size
ZIP code
20906
City
Silver Spring
Street
Chesterwood Dr
Coordinates
39.08696, -77.07796

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 3940 Chesterwood Dr last sell?
3940 Chesterwood Dr most recently sold on Dec 2, 2005 for $292,900.
What is the current tax assessment for 3940 Chesterwood Dr?
The most recent total assessment for 3940 Chesterwood Dr (year 2025) is $256,667 with $3,049 in property tax.
How does 3940 Chesterwood Dr's assessment compare to its last sale price?
The current assessment is 12.4% below the last sale price of $292,900.
When was 3940 Chesterwood Dr built?
3940 Chesterwood Dr was built in 1983.
How does 3940 Chesterwood Dr compare to others on Chesterwood Dr?
We track 8 other properties on Chesterwood Dr. Browse the list under "Other properties on Chesterwood Dr" to compare beds, baths, and sale history.
What are the property facts for 3940 Chesterwood Dr?
3940 Chesterwood Dr is a 2 bed, 2 bath, 1,350 sqft condos.
Is 3940 Chesterwood Dr a flip candidate?
No — 3940 Chesterwood Dr does not appear in our flips dataset.
Is 3940 Chesterwood Dr a tax-appeal candidate?
No — 3940 Chesterwood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.4%
2026 Q3
$438.4K
2026 Q4
$440.9K
ZIP 20906 — Median Price History + Forecast

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