NOT LISTED FOR SALE

Estimated Value: $634,000 - $692,264

2 Beds
2.5 Baths
2,186 Sq Ft
$1,136/mo HOA Fee

Last Sold February 16, 2024

Last sale price $625,000 $286 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,812/month

11 Days on Market

Highlights

  • Water Views
  • Gourmet Kitchen
  • Contemporary Architecture
  • Fitness Center
  • Open Floorplan
  • Wood Flooring

About This Home

As of February 2024

Welcome to this spectacular and rarely available Silo Point condominium with southern panoramic water vistas. This two bedroom, two and one half bath residence boasts nearly 2,200 square feet of living space showcasing floor-to-ceiling windows, high ceilings, rich maple hardwood floors, Lutron automated blinds, built-in speakers and a private balcony. Enjoy sweeping views of the Key Bridge and Fort McHenry from the living space or private balcony. The expansive living and dining space lead into the open eat-in kitchen with center island great for entertaining and daily living alike. The gourmet kitchen is appointed with an oversized island, tile backsplash, stainless steel appliances, wine built-in and pantry. The large primary bedroom welcomes you with south-facing views, custom walk-in closet, dressing area or home office, seating area and balcony access. The renovated primary en-suite spa bath is finished with an oversized walk-in shower and double vanity. The second bedroom includes an en-suite bath, custom built-ins and Murphy bed. A powder room, coat closet, and laundry room with full size washer/dryer complete the home. 2 secure parking spaces located on the same floor, conveniently located to the residence. Silo Point offers residents full-service amenities; including a 24-hour front desk attendant, premier building manager, fitness center with adjoining yoga studio and private treatment room, boardroom, game room and 19th Floor Sky Lounge. Architecturally unique luxury, waterfront living. Conveniently located to I-95, 695, 895 and walking distance to Fort McHenry & Tide Point water taxi.

Last Agent to Sell the Property

Holly Winfield

(443) 927-6443 holly.winfield@monumentsothebysrealty.com Monument Sotheby's International Realty License #36089 Listed on: 01/18/2024

Last Buyer's Agent

Jake Gaddis

(443) 944-3813 jake.gaddis2@gmail.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,669

Year Built

  • Built in 2008

Lot Details

  • 2,178

HOA Fees

Parking

  • Assigned parking located at #921, 922
  • Garage Door Opener
  • 2 Assigned Parking Spaces

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Entry on the 9th floor
  • Steel Siding

Interior Spaces

  • 2,186 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Combination Dining and Living Room
  • Monitored

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Public Septic

Additional Features

  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 268
  • Assessor Parcel Number 0324112024 268

Community Details

Overview

  • $250 Elevator Use Fee
  • $2,273 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, parking fee, reserve funds, snow removal, trash, water
  • $2,273 Other One-Time Fees
  • 228 Units
  • Silo Point Community Association
  • High-Rise Condominium
  • Silo Point Condominium Association Condos
  • Built by Turner Development
  • Silo Point Community
  • Locust Point Subdivision
  • Property Manager

Amenities

  • Common Area
  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room
  • Elevator

Recreation

  • Dog Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,669

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,136 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-19
  • Year Built: 2008
  • Assigned Parking Space Numbers: 921, 922
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Dryer
  • Entry Floor: 9
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Built-Ins, Carpet, Combination Dining/Living, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Low-E
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 2186
  • Living Area Sq Ft: 2186
  • Price Per Sq Ft: 296.89
  • Above Grade Finished Sq Ft: 2186
  • Above Grade Finished Area Units: Square Feet

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: Concrete, Steel Siding
  • View: City, Water, Scenic Vista, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • 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: Forced Air
  • Heating: Yes
  • Security: Desk In Lobby, Main Entrance Lock, Monitored, Resident Manager, Sprinkler System - Indoor
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 74.06
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1062.34
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silo Point Condominium Association
  • Elevator Use Fee: 250.00
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Dog Park, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Snow Removal, Trash, Water
  • HOA Name: SILO POINT COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 2272.80
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 2272.80

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: R-8
  • In City Limits: Yes

Building Info

  • Builder Name: Turner Development

Rental Info

  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 13669.00
  • Assessor Parcel Number: 0324112024 268
  • Tax Lot: 268
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 16, 2024
Sold by
Shematek Jon P and Shematek Eleanor M
Bought by
Allen Raymond Vincent and Makarushka Irena Sophia
Seller's Agent
Holly Winfield
Monument Sotheby's International Realty
Buyer's Agent
Jake Gaddis
TTR Sotheby's International Realty
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Views
91
Current Estimated Value
$663,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,132
Avg. Annual Appreciation
3.36%
Original Mortgage
$468,750
Outstanding Balance
$459,814
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$203,318

Purchase Details

Closed on
Jan 7, 2009
Sold by
Silo Point Ii Llc
Bought by
Shematek Jon P and Shematek Eleanor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allen Raymond Vincent $625,000 Old Republic National Title
Allen Raymond Vincent $625,000 Old Republic National Title
Shematek Jon P $596,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Raymond Vincent $468,750
Closed Allen Raymond Vincent $468,750
Previous Owner Shematek Jon P $417,000
Previous Owner Shematek Jon P $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $625,000 -3.7% $286 / Sq Ft
01/18/2024 01/18/24 For Sale $649,000 -- $297 / 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 $14,204 $630,267 -- --
2024 $14,204 $604,733 $0 $0
2023 $12,446 $579,200 $144,800 $434,400
2022 $12,294 $571,933 $0 $0
2021 $13,326 $564,667 $0 $0
2020 $11,971 $557,400 $139,300 $418,100
2019 $11,739 $550,100 $0 $0
2018 $11,765 $542,800 $0 $0
2017 $11,761 $535,500 $0 $0
2016 $9,709 $515,667 $0 $0
2015 $9,709 $495,833 $0 $0
2014 $9,709 $476,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2110736

Bright MLS

APN: 2024-268