NOT LISTED FOR SALE

Estimated Value: $475,000 - $512,000

2 Beds
2 Baths
1,137 Sq Ft
$615/mo HOA Fee

Last Sold June 17, 2022

Last sale price $507,500 $446 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,621/month

17 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Community Pool
  • Sligo Creek Elementary School Rated A
  • Wood Flooring
  • Elevator

About This Home

As of June 2022

Welcome to unit #205 in the pet friendly Silverton Condominium, located at 1201 East-West Highway in the heart of downtown Silver Spring. This sleek and stylish 2 bedroom/2 bath unit has been completely renovated from top to bottom with custom fixtures and designer touches throughout. As you enter the unit, you are greeted by the beautiful waterfall edge of the quartz counters of the kitchen island. Modern light fixtures, custom contrasting cabinetry and gourmet wi-fi enabled appliances (including a wine fridge) complete the kitchen. A cozy dining nook is just adjacent, and the living room with balcony and swimming pool views beyond. An electric fireplace and floating shelves give the living room a modern, but warm feel. Each of the two primary bedrooms are flooded with sunlight, have views of the pool, and come with large closets and adjoining luxurious spa baths, one with an automatic toilet. A laundry closest is tucked away neatly and contains full sized washer and dryer. 1 reserved garage parking space is included, but you'll never need your car as the metro is literally a block away, along with a grocery store, coffee shop, brewery and tons of restaurants.

Last Agent to Sell the Property

Angela Goldstein

(202) 438-7910 angela@northgaterealty.com Northgate Realty, LLC License #646952 Listed on: 05/10/2022

Last Buyer's Agent

Olivia Kibler

(301) 351-9630 olivia.kibler@gmail.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,757

Year Built

  • Built in 2006

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • Assigned parking located at #49
  • Side Facing Garage
  • Garage Door Opener
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,137 Sq Ft Home
  • Property has 1 Level
  • Electric Fireplace
  • Wood Flooring
  • Security Gate

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303538565

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, parking fee
  • Low-Rise Condominium
  • Silverton Condos
  • Silverton Codm Subdivision, Silverton Floorplan
  • Property Manager

Amenities

  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,757

Year Built

Built in 2006

Lot Details

0

HOA Fees

$615 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Assigned Parking Space Numbers: 49
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1137
  • Living Area Sq Ft: 1137
  • Price Per Sq Ft: 437.99
  • Above Grade Finished Sq Ft: 1137
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Main Entrance Lock, Resident Manager, 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: 615.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silverton
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Elevator, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee
  • HOA Condo Co-Op Management Type: Professional - On-Site, Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14101398
  • Tax Annual Amount: 4756.62
  • Assessor Parcel Number: 161303538565
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2016
Sold by
Bruce Colin A and Bentt Lavern R
Bought by
Bruce Colin A and Bentt Lavern R
Current Estimated Value
$488,542

Purchase Details

Closed on
Oct 4, 2006
Sold by
Silver Spring Square Llc
Bought by
Bruce Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,320
Outstanding Balance
$208,001
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,541

Purchase Details

Closed on
Sep 22, 2006
Sold by
Silver Spring Square Llc
Bought by
Bruce Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,320
Outstanding Balance
$208,001
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,541
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
Bruce Colin A -- Attorney
Bruce Roxanne $437,900 --
Bruce Roxanne $437,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce Roxanne $350,320
Closed Bruce Roxanne $350,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $507,500 +1.9% $446 / Sq Ft
05/22/2022 05/22/22 Price Changed $498,000 -8.6% $438 / Sq Ft
05/10/2022 05/10/22 For Sale $545,000 0.0% $479 / Sq Ft
08/15/2015 08/15/15 Rented $2,040 -7.3% --
07/29/2015 07/29/15 Under Contract -- -- --
05/28/2015 05/28/15 For Rent $2,200 +5.0% --
07/01/2012 07/01/12 Rented $2,095 -4.8% --
06/26/2012 06/26/12 Under Contract -- -- --
05/25/2012 05/25/12 For Rent $2,200 -- --
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 $5,203 $455,000 -- --
2024 $5,203 $440,000 $132,000 $308,000
2023 $4,432 $433,333 $0 $0
2022 $4,145 $426,667 $0 $0
2021 $9,513 $420,000 $126,000 $294,000
2020 $9,065 $400,000 $0 $0
2019 $4,305 $380,000 $0 $0
2018 $4,063 $360,000 $108,000 $252,000
2017 $3,937 $346,667 $0 $0
2016 $4,031 $333,333 $0 $0
2015 $4,031 $320,000 $0 $0
2014 $4,031 $320,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2050436

Bright MLS

APN: 13-03538565