NOT LISTED FOR SALE

Columbia Towers Condominium 12001 Old Columbia Pike Unit 715 Silver Spring, MD 20904

Estimated Value: $148,000 - $184,000

1 Bed
1 Bath
774 Sq Ft
$577/mo HOA Fee

Last Sold June 06, 2022

Last sale price $153,000 $198 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,570/month

12 Days on Market

Highlights

  • More Than Two Accessible Exits
  • Halls are 36 inches wide or more
  • Stacked Washer and Dryer
  • Galway Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of June 2022

Sunny and spacious 7th Floor Unit.

Last Agent to Sell the Property

ABBEY Arogundade

(240) 463-9853 sarogundade@yahoo.com Fairfax Realty Premier License #531489 Listed on: 05/01/2022

Fairfax Realty Premier

Last Buyer's Agent

Binyam Tefera

(404) 354-8084 teferagrouprealestate@gmail.com Fairfax Realty Premier License #660789

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1975

Lot Details

  • 1,176

HOA Fees

  • $577 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • 774 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Stacked Washer and Dryer

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160501716335

Community Details

Overview

  • Association fees include water, sewer
  • Columbia Towers Subdivision
  • Property has 7 Levels

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,208

Year Built

Built in 1975

Lot Details

0

HOA Fees

$577 per month

Listing Details

  • Property Type: Residential
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Levels Count: 7
  • Basement: No
  • Total Sq Ft: 774
  • Living Area Sq Ft: 774
  • Price Per Sq Ft: 196.38
  • Above Grade Finished Sq Ft: 774
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 577.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Sewer
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 73500.00
  • Land Assessed Value: 31500.00
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13807963
  • Tax Annual Amount: 1208.00
  • Assessor Parcel Number: 160501716335
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2022
Closed on
Jun 6, 2022
Sold by
Raheem Yusuf Abdul
Bought by
Abraha Binyam and Assefa Binyam
Seller's Agent
ABBEY Arogundade
Fairfax Realty Premier
Buyer's Agent
Binyam Tefera
Fairfax Realty Premier
List Price
$152,000
Sold Price
$153,000
Premium/Discount to List
$1,000
0.66%
Current Estimated Value
$163,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,403
Avg. Annual Appreciation
1.91%
Original Mortgage
$106,500
Outstanding Balance
$101,175
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$62,228

Purchase Details

Listed on
May 1, 2022
Closed on
May 20, 2022
Sold by
Joanne R Waters Revocable Trust
Bought by
Pham Phuong Thi My
Seller's Agent
ABBEY Arogundade
Fairfax Realty Premier
Buyer's Agent
Binyam Tefera
Fairfax Realty Premier
List Price
$152,000
Sold Price
$153,000
Premium/Discount to List
$1,000
0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Outstanding Balance
$101,175
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$62,228

Purchase Details

Closed on
Feb 11, 2003
Sold by
Ekwueme Cordelia I
Bought by
Yusuf Abdul Raheem

Purchase Details

Closed on
Jun 29, 1995
Sold by
Noone Matthew C
Bought by
Ekwueme Cordelia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abraha Binyam $153,000 Kang Nancy H
Pham Phuong Thi My $122,000 Lee Bobby Y
Pham Phuong Thi My $122,000 None Listed On Document
Yusuf Abdul Raheem $60,000 --
Ekwueme Cordelia I $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraha Binyam $106,500
Previous Owner Ekwueme Cordelia I $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $153,000 +0.7% $198 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $152,000 -- $196 / 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 $1,597 $145,000 $43,500 $101,500
2024 $1,597 $131,667 $0 $0
2023 $1,439 $118,333 $0 $0
2022 $1,231 $105,000 $31,500 $73,500
2021 $1,208 $103,333 $0 $0
2020 $1,166 $101,667 $0 $0
2019 $1,166 $100,000 $30,000 $70,000
2018 $1,049 $95,000 $0 $0
2017 $1,037 $90,000 $0 $0
2016 -- $85,000 $0 $0
2015 $1,011 $85,000 $0 $0
2014 $1,011 $85,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ABBEY Arogundade

    Fairfax Realty Premier

    (240) 463-9853

    1 in this area

    9 Total Sales

    ABBEY Arogundade
    Section Image
  • Binyam Tefera

    Buyer's Agent in 2022

    Binyam Tefera

    Fairfax Realty Premier

    (404) 354-8084

    2 in this area

    5 Total Sales

    Binyam Tefera
    Section Image
See All Agents

About Columbia Towers Condominium

Map

Source: Bright MLS

MLS Number: MDMC2048952

Bright MLS

APN: 05-01716335

Maryland Montgomery County Silver Spring 20904

12001 Old Columbia Pike Unit 715, Silver Spring, MD

Not Listed for Sale

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