NOT LISTED FOR SALE

Estimated Value: $304,820 - $376,000

1 Bed
1 Bath
785 Sq Ft
$412/mo HOA Fee

Last Sold August 10, 2020

Last sale price $324,900 $414 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,473/month

11 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Party Room
  • Sligo Creek Elementary School Rated A
  • Community Pool
  • Elevator

About This Home

As of August 2020

The Silverton Condominiums, built in 2006, is located in the historic Canada Dry Bottling Plant and is one of the best condo buildings in downtown Silver Spring. This one bedroom unit boasts one of the most desired layouts. The large, sunny, open living/dining area has beautiful refinished hardwood floors and a wall of windows. The kitchen offers a granite counter top with breakfast bar, stainless appliances, gas stove, new refrigerator with ice maker and tall wood cabinets. New carpet graces the bedroom with its large closet. Full-sized washer/dryer in large laundry room inside the unit. TWO parking spaces convey with unit. The exceptionally spacious bathroom has a soaking tub and large vanity with granite counter. A separate, private, very large storage unit is located on the same floor and conveys. Low condo fee. Enjoy the many amenities--pool, fitness center, dog run, party room. Pet friendly building. Walk to the Silver Spring Metro as well as downtown Silver Spring where you'll enjoy restaurants, shops and so much more. FHA and VA approved. This is the one you've waited for.

Last Agent to Sell the Property

Mary Zitello

(202) 549-7515 maryz@compass.com Compass Listed on: 06/25/2020

Compass

Co-Listed By

Orysia Stanchak

(202) 423-5943 orysia@compass.com Compass License #635015

Last Buyer's Agent

Sharon McCraney

(301) 346-1462 sharonsells@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 2006

HOA Fees

  • $412 Monthly HOA Fees

Parking

  • Assigned parking located at #165, 203
  • Side Facing Garage
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 785 Sq Ft Home
  • Property has 1 Level
  • Security Gate

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Halls are 36 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303539514

Community Details

Overview

  • Association fees include reserve funds, snow removal, sewer, water, trash, exterior building maintenance, common area maintenance, management, parking fee, lawn maintenance
  • Low-Rise Condominium
  • Silverton Condominium Condos
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • Property Manager

Amenities

  • Common Area
  • Party Room
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,178

Year Built

Built in 2006

Lot Details

0

HOA Fees

$412 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Assigned Parking Space Numbers: 165, 203
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Washer
  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 785
  • Living Area Sq Ft: 785
  • Price Per Sq Ft: 413.89
  • Above Grade Finished Sq Ft: 785
  • 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: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Parking Space Conveys, Private
  • Garage Features: Garage - Side Entry, Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 412.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silverton Condominium
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Party Room, Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Reserve Funds, Snow Removal, Sewer, Water, Trash, Ext Bldg Maint, Common Area Maintenance, Management, Parking Fee, Lawn Maintenance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 210000.00
  • Land Assessed Value: 90000.00
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14101489
  • Tax Annual Amount: 3178.00
  • Assessor Parcel Number: 161303539514
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 6, 2020
Sold by
Karesh Steven L
Bought by
Clear Ryan
Seller's Agent
Mary Zitello
Compass
Buyer's Agent
Sharon McCraney
Long & Foster Real Estate, Inc.
List Price
$324,900
Sold Price
$324,900
Current Estimated Value
$335,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,805
Avg. Annual Appreciation
0.61%
Original Mortgage
$259,920
Outstanding Balance
$230,567
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$105,138

Purchase Details

Closed on
Sep 26, 2006
Sold by
Silver Spring Square Llc
Bought by
Karesh Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2006
Sold by
Silver Spring Square Llc
Bought by
Karesh Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Clear Ryan $324,900 Rgs Title
Karesh Steven L $360,300 --
Karesh Steven L $360,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clear Ryan $259,920
Previous Owner Karesh Steven L $230,000
Previous Owner Karesh Steven L $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $324,900 0.0% $414 / Sq Ft
06/25/2020 06/25/20 For Sale $324,900 -- $414 / 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 $3,675 $300,000 $90,000 $210,000
2024 $3,675 $310,000 $93,000 $217,000
2023 $2,942 $306,667 $0 $0
2022 $2,754 $303,333 $0 $0
2021 $2,713 $300,000 $90,000 $210,000
2020 $1,646 $290,000 $0 $0
2019 $3,178 $280,000 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $2,958 $260,000 $0 $0
2016 $3,029 $250,000 $0 $0
2015 $3,029 $240,000 $0 $0
2014 $3,029 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC713218

Bright MLS

APN: 13-03539514