NOT LISTED FOR SALE

Estimated Value: $563,989 - $678,000

2 Beds
2.5 Baths
1,862 Sq Ft
$974/mo HOA Fee

Last Sold August 03, 2020

Last sale price $475,000 $255 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,101/month

32 Days on Market

Highlights

  • Fitness Center
  • Water Oriented
  • River View
  • Newspaper Service
  • Gourmet Kitchen
  • Waterfront

About This Home

As of August 2020

Breathtaking views, a private balcony, and 1862 SQ FT of living space. | ** | START YOUR TOUR RIGHT HERE: https://my.matterport.com/show/?m=aNcKS6uJMZ6&brand=0 AND https://youtu.be/GvR_bODUejE | ** | 2 beds, 2.5 baths with 9+' ceilings, HUGE windows, motorized shades, wood floors, and a gourmet kitchen with Viking appliances. Sold with a Home Warranty and 2 deeded parking spots, located in the resident garage. Silo Point has on site property management, 24hr front desk, fitness center, game & conference rooms, pet areas, & renovated 19th floor Sky Lounge. Easy access to downtown, 95, 295, 395, & 695. Short Distance to Fort McHenry & Tide Point, where you can take a water taxi! Located in Locust Point, Silo Point has a history which makes it truly unique. Originally constructed in 1923, it was the largest and fastest grain elevator in the world. Today it's an award winning 24 story modern condominium with bits of its history scattered throughout. Silo Point is really a MUST SEE! | ** | PLEASE NOTE: Property is VACANT. In-person/onsite showings are being permitted. A virtual showing may be scheduled through the listing agent. | ** |

Last Agent to Sell the Property

Kyle Shay

(410) 952-8640 Kyle.Shay@Compass.com Compass License #0667868 Listed on: 05/06/2020

Compass

Last Buyer's Agent

Caitlin Regan

(443) 823-0033 caitlin@keygroupmd.com Cummings & Co. Realtors License #661039

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,132

Year Built

  • Built in 2011

Lot Details

  • Waterfront
  • Two or More Common Walls
  • Sprinkler System
  • Property is in very good condition

HOA Fees

Parking

  • Assigned parking located at ##333, #566
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Entry on the 9th floor

Interior Spaces

  • 1,862 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • River Nearby
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Public Septic
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Urban Location

Listing and Financial Details

  • Tax Lot 264
  • Assessor Parcel Number 0324112024 264

Community Details

Overview

  • $250 Elevator Use Fee
  • $1,947 Capital Contribution Fee
  • Association fees include common area maintenance, insurance, lawn maintenance, management, parking fee, reserve funds, sewer, snow removal, taxes, trash, water, health club
  • $1,947 Other One-Time Fees
  • 228 Units
  • High-Rise Condominium
  • Silo Point Community Association Condos
  • Built by Turner Development
  • Locust Point Subdivision
  • Silo Point Community
  • Property Manager

Amenities

  • Newspaper Service
  • Beauty Salon
  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room
  • 7 Elevators

Recreation

  • Shuffleboard Court

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,132

Year Built

Built in 2011

Lot Details

0

HOA Fees

$974 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-05-06
  • Year Built: 2011
  • Assigned Parking Space Numbers: #333, #566
  • Remarks Public: Breathtaking views, a private balcony, and 1862 SQ FT of living space. | ** | START YOUR TOUR RIGHT HERE: https://my.matterport.com/show/?m=aNcKS6uJMZ6&brand=0 AND https://youtu.be/GvR_bODUejE | ** | 2 beds, 2.5 baths with 9+' ceilings, HUGE windows, motorized shades, wood floors, and a gourmet kitchen with Viking appliances. Sold with a Home Warranty and 2 deeded parking spots, located in the resident garage. Silo Point has on site property management, 24hr front desk, fitness center, game & conference rooms, pet areas, & renovated 19th floor Sky Lounge. Easy access to downtown, 95, 295, 395, & 695. Short Distance to Fort McHenry & Tide Point, where you can take a water taxi! Located in Locust Point, Silo Point has a history which makes it truly unique. Originally constructed in 1923, it was the largest and fastest grain elevator in the world. Today it's an award winning 24 story modern condominium with bits of its history scattered throughout. Silo Point is really a MUST SEE! | ** | PLEASE NOTE: Property is VACANT. In-person/onsite showings are being permitted. A virtual showing may be scheduled through the listing agent. | ** |
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Entry Floor: 9
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Open, Flat, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Bathroom - Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 7
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1862
  • Living Area Sq Ft: 1862
  • Price Per Sq Ft: 260.47
  • Above Grade Finished Sq Ft: 1862
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1200

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Exterior Features: Exterior Lighting, Sidewalks
  • View: River
  • Water Access: No
  • Water Body Name: Patapsco
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Electric Vehicle Charging Station(s), Limited Common Elements, Parking Space Conveys
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer, Public Septic
  • Utilities: Electric Available, Cable Tv Available, Dsl Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 44.70
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 929.02
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silo Point Community Association
  • Elevator Use Fee: 250.00
  • HOA Condo Co-Op Amenities: Beauty Salon, Billiard Room, Elevator, Fitness Center, Game Room, Meeting Room, Newspaper Service, Party Room, Reserved/Assigned Parking, Shuffleboard
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Sewer, Snow Removal, Taxes, Trash, Water, Health Club
  • HOA Name: SILO POINT COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 1947.44
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1947.44

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: 003
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-8
  • In City Limits: Yes

Building Info

  • Builder Name: Turner Development

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction, Number Limit, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 11132.00
  • Assessor Parcel Number: 0324112024 264
  • Tax Lot: 264
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/03/2020

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Aug 3, 2020
Sold by
Lawrenc James R and Lawrence Terri C
Bought by
Santarias Jillian Marie
Seller's Agent
Kyle Shay
Compass
Buyer's Agent
Caitlin Regan
Cummings & Co. Realtors
List Price
$485,000
Sold Price
$475,000
Premium/Discount to List
-$10,000
-2.06%
Current Estimated Value
$620,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,995
Avg. Annual Appreciation
5.28%
Original Mortgage
$403,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 8, 2018
Sold by
Wilber Steve D and Wilber Erin M
Bought by
Lawrence James R and Lawrence Terri C
Seller's Agent
Holly Winfield
Monument Sotheby's International Realty
Buyer's Agent
Ben Garner
Cummings & Co. Realtors
List Price
$519,000
Sold Price
$500,000
Premium/Discount to List
-$19,000
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.35%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Wilber Steve and Wilber Erin
Bought by
Wilber Family Trust

Purchase Details

Closed on
Mar 4, 2014
Sold by
Silo Point Ii Llc
Bought by
Wilber Steven D and Wilber Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Santarias Jillian Marie $475,000 Broadview Title
Lawrence James R $500,000 Definitive Title Llc
Wilber Family Trust -- Attorney
Wilber Steven D $579,900 Continental Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santarias Jillian Marie $403,750
Previous Owner Wilber Steven D $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2020 08/03/20 Sold $475,000 -2.1% $255 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $485,000 -3.0% $260 / Sq Ft
06/08/2018 06/08/18 Sold $500,000 -3.7% $269 / Sq Ft View Prior Sale
04/05/2018 04/05/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $519,000 -- $279 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,140 $477,900 -- --
2024 $10,140 $471,700 $0 $0
2023 $10,002 $465,500 $116,300 $349,200
2022 $10,019 $465,500 $116,300 $349,200
2021 $10,986 $465,500 $116,300 $349,200
2020 $10,198 $474,800 $118,700 $356,100
2019 $10,073 $471,700 $0 $0
2018 $11,059 $468,600 $0 $0
2017 $10,986 $465,500 $0 $0
2016 $237 $449,967 $0 $0
2015 $237 $434,433 $0 $0
2014 $237 $418,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA507220

Bright MLS

APN: 2024-264