NOT LISTED FOR SALE

Estimated Value: $371,000 - $421,000

1 Bed
1 Bath
969 Sq Ft
$558/mo HOA Fee

Last Sold October 05, 2022

Last sale price $362,500 $374 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,971/month

8 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of October 2022

Have you been waiting for your opportunity to purchase in the SPECTACULAR Silverton Building! Well the wait is OVER! Come see this fantastic one bedroom / one den unit in the historic Canada Dry building right in the heart of Silver Spring! This is the largest one bedroom unit in the building so you have got to see this one! Are you ready for a tour! Okay then, let's GO! Let's begin right under the classic Canada Dry sign. Use your security FOB to enter into the lobby and let's head to the elevator. Take the elevator to the 4th floor and continue on to the unit. The moment you open the front door the first thing you may notice is the beautiful natural light pouring through the parade of windows! The coat closet and laundry room is to your right and left! Now, let's go to the light! Enter into the great room and there you will find a modern kitchen with stainless steel appliances along with granite countertops and kitchen island. Then we move on towards the incredibly spacious light filled great room with space for ALL of your furniture! Just take a. moment and soak it all in! Admire all of the incredible space as you bath in the all encompassing sunlight! Now let's move on to the den, large enough to be a second sleeping area but perfect as an office! Ready to see the rest? Then let's move on to the separate bed and bath area. Here you will find a large sun filled bedroom along with a walk in closet! Then lets go back to the separate bath area where you will find a huge soak in tub and spacious bath area! Now if this incredible unit is not enough, let's go back down to the first floor where you will have access to both the fitness center and the outdoor pool! This unit has a +90 walking score so no car, no problem BUT if you do have a car, you also have your own dedicated parking space in the attached parking garage with your own garage door opener! And let's not forget the private storage unit dedicated to your personal unit on your same floor! This is the ONE! Come see the unit before it's gone! It's vacant so go and show! Call Chad with any questions!

Last Agent to Sell the Property

Chad Morton

(302) 373-5929 chadmortonrealtor@gmail.com Jason Mitchell Group License #SP98373695 Listed on: 08/28/2022

Last Buyer's Agent

Kim Kash

(301) 789-6294 kim.kash@compass.com Compass License #673447

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 2006

HOA Fees

  • $558 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 969 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Family Room Off Kitchen
  • Kitchen Island
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 161303540067

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, insurance, lawn care front, management, pool(s), recreation facility, reserve funds, security gate, sewer, snow removal, trash, water, parking fee
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Storage Space

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,048

Year Built

Built in 2006

Lot Details

0

HOA Fees

$558 per month

Parking

1

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, Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Tub Shower, Walk-In Closet(s)
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 969
  • Living Area Sq Ft: 969
  • Price Per Sq Ft: 374.10
  • Above Grade Finished Sq Ft: 969
  • 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: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 558.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Swimming Pool, Storage Bin, Security, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Management, Pool(s), Recreation Facility, Reserve Funds, Security Gate, Sewer, Snow Removal, Trash, Water, Parking Fee
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: 259000.00
  • Land Assessed Value: 111000.00
  • Zoning: CBD2
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14101544
  • Tax Annual Amount: 4048.00
  • Assessor Parcel Number: 161303540067
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2022
Closed on
Sep 12, 2022
Sold by
Mullikin Nicole M
Bought by
Petros Alexander James
Seller's Agent
Chad Morton
Jason Mitchell Group
Buyer's Agent
Kim Kash
Compass
List Price
$362,500
Sold Price
$362,500
Views
26
Current Estimated Value
$389,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,529
Avg. Annual Appreciation
2.26%
Original Mortgage
$271,875
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2006
Sold by
Silver Spring Square Llc
Bought by
Mullikin Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,120
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2006
Sold by
Silver Spring Square Llc
Bought by
Mullikin Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,120
Interest Rate
1%
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
Petros Alexander James $362,500 Certified Title
Petros Alexander James $362,500 Certified Title
Mullikin Nicole M $426,400 --
Mullikin Nicole M $426,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petros Alexander James $271,875
Previous Owner Mullikin Nicole M $341,120
Previous Owner Mullikin Nicole M $341,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2022 10/05/22 Sold $362,500 0.0% $374 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/28/2022 08/28/22 For Sale $362,500 0.0% $374 / Sq Ft
02/08/2018 02/08/18 Rented $1,850 -5.1% --
02/08/2018 02/08/18 Under Contract -- -- --
01/02/2018 01/02/18 For Rent $1,950 +5.4% --
01/15/2015 01/15/15 Rented $1,850 0.0% --
01/15/2015 01/15/15 Under Contract -- -- --
12/15/2014 12/15/14 For Rent $1,850 -- --
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 $4,300 $363,333 $0 $0
2022 $2,875 $356,667 $0 $0
2021 $1,984 $350,000 $105,000 $245,000
2020 $3,856 $340,000 $0 $0
2019 $3,742 $330,000 $0 $0
2018 $3,635 $320,000 $96,000 $224,000
2017 $2,248 $306,667 $0 $0
2016 $3,530 $293,333 $0 $0
2015 $3,530 $280,000 $0 $0
2014 $3,530 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2066992

Bright MLS

APN: 13-03540067