NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $334,000 - $470,000

1 Bed
1 Bath
940 Sq Ft
$326/mo HOA Fee

Last Sold January 21, 2014

Last sale price $329,500 $351 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,727/month

7 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Upgraded Countertops
  • Sligo Creek Elementary School Rated A
  • Wood Flooring
  • Community Center

About This Home

As of January 2014

No Metro or street noise in this unit! Condo located on the interior 4th floor overlooking the pool! Fantastic 2 level loft with pool views, an abundance of sunlight, and a separate HUGE storage unit, which is rare to come by here. Same level parking spot is an additional bonus! $500 credit with KVS settlement.

Last Agent to Sell the Property

Eric Pakulla

(410) 423-5203 eric@ericpakulla.com Red Cedar Real Estate, LLC License #510035 Listed on: 12/02/2013

Co-Listed By

Sherri Lazas

(240) 899-2521 sherri.lazas@gmail.com Cummings & Co. Realtors

Last Buyer's Agent

Juanita Smart

(202) 251-8843 juanitasmart1@gmail.com RE/MAX Excellence Realty License #64002

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 2006

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • Parking Space Number Location: 183
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

  • Stucco

Interior Spaces

  • 940 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

  • Intercom
  • Exterior Cameras
  • Monitored

Accessible Home Design

  • Accessible Elevator Installed
  • Doors swing in
  • Ramp on the main level

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Fiber Optics Available

Additional Features

  • Private Pool
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303539855

Community Details

Overview

  • Moving Fees Required
  • Association fees include fiber optics at dwelling, exterior building maintenance, lawn maintenance, management, pool(s), snow removal, trash, water, insurance, road maintenance, sewer
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • The community has rules related to commercial vehicles not allowed, moving in times, parking rules

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,573

Year Built

Built in 2006

Lot Details

0

HOA Fees

$326 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft
  • Accessibility Features: Ramp - Main Level, Doors - Swing In, Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 940
  • Living Area Sq Ft: 940
  • Price Per Sq Ft: 345.74
  • Above Grade Finished Sq Ft: 940
  • 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
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Garage, Assigned, Parking Space Conveys
  • Parking Space Number Assigned: 183
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Exterior Cameras, Fire Detection System, Intercom, Main Entrance Lock, Monitored, Resident Manager, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 326.18
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Party Room, Pool - Outdoor, Security, Community Center
  • HOA Condo Co-Op Fee Includes: Fiber Optics At Dwelling, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash, Water, Insurance, Road Maintenance, Sewer
  • HOA Condo Co-Op Rules: Pets - Allowed, Pets - Area, Commercial Vehicles Prohibited, Moving Fees Required, Moving In Times, Parking
  • HOA: No

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101523
  • Tax Annual Amount: 3573.49
  • Assessor Parcel Number: 161303539855
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jan 21, 2014
Sold by
Strachan Jane E
Bought by
Wray Christopher G
Seller's Agent
Eric Pakulla
Red Cedar Real Estate, LLC
Buyer's Agent
Juanita Smart
RE/MAX Excellence Realty
List Price
$325,000
Sold Price
$329,500
Premium/Discount to List
$4,500
1.38%
Current Estimated Value
$386,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,273
Avg. Annual Appreciation
1.36%
Original Mortgage
$296,550
Outstanding Balance
$224,565
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$162,208

Purchase Details

Closed on
Apr 12, 2007
Sold by
Silver Spring Square Llc
Bought by
Strachan Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2007
Sold by
Silver Spring Square Llc
Bought by
Strachan Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,400
Interest Rate
6.25%
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
Wray Christopher G $329,500 First American Title Insuran
Strachan Jane E $391,400 --
Strachan Jane E $391,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wray Christopher G $296,550
Previous Owner Strachan Jane E $261,400
Previous Owner Strachan Jane E $261,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2014 01/21/14 Sold $329,500 +1.4% $351 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
12/02/2013 12/02/13 For Sale $325,000 -- $346 / 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 $4,380 $370,000 $111,000 $259,000
2024 $4,380 $370,000 $111,000 $259,000
2023 $4,992 $363,333 $0 $0
2022 $2,875 $356,667 $0 $0
2021 $3,276 $350,000 $105,000 $245,000
2020 $3,127 $336,667 $0 $0
2019 $2,974 $323,333 $0 $0
2018 $2,830 $310,000 $93,000 $217,000
2017 $11,816 $296,667 $0 $0
2016 -- $283,333 $0 $0
2015 $3,442 $270,000 $0 $0
2014 $3,442 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Pakulla

    Seller's Agent in 2014

    Eric Pakulla

    Red Cedar Real Estate, LLC

    (410) 423-5203

    253 Total Sales

    Eric Pakulla
    Section Image
  • Sherri Lazas

    Seller Co-Listing Agent in 2014

    Sherri Lazas

    Cummings & Co. Realtors

    (240) 899-2521

    34 Total Sales

    Sherri Lazas
    Section Image
  • Juanita Smart

    Buyer's Agent in 2014

    Juanita Smart

    RE/MAX

    (202) 251-8843

    23 Total Sales

    Juanita Smart
    Section Image
See All Agents

About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: 1003778206

Bright MLS

APN: 13-03539855

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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