NOT LISTED FOR SALE

Estimated Value: $308,000 - $342,000

1 Bed
1 Bath
776 Sq Ft
$448/ mo HOA Fee

Last Sold May 01, 2023

Last sale price $330,000 $425 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,437/month

20 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Upgraded Countertops

About This Home

As of May 2023

Welcome to the Silverton Condos - uber convenient location within walking distance to all the restaurants/shops and entertainment that downtown Silver Spring has to offer. Unit 318 has been thoughtfully updated and meticulously maintained and is ready for it's new owner. The kitchen has black granite counter, stainless steel appliances and ample cabinet space. The living room/dining room combo is spacious and has great natural light coming from the sliding door which leads to the balcony overlooking the pool. The bedroom is large enough for a king bed and features 2 large closets - both have newly installed custom closet organizers from the Container Store. The living room, dining room and bedroom all have 6.5" wide wood floors creating an open and airy feeling all around. The bathroom has a deep tub and vanity with granite counters. The laundry is located in a wide closet with shelving above. There is a coat closet as well.
Access to the Garage is conveniently located just a few steps from the unit and the parking space is just. a few steps from the access door. A LARGE extra storage closet is located on the same floor, just a few doors away from the unit and measure approx 15ft long x 3.5' wide x 10' high - is available for an additional cost of $22,500. The Silverton is a pet friendly building. Residents at the Silverton enjoy a community pool, party room, fitness center and dog run and activities like yoga, book club and game nights plus a front desk/office attendant weekdays from 9-5pm

Last Agent to Sell the Property

Nora Burke

(202) 552-5600 dhowell@mcenearney.com Corcoran McEnearney License #SP98488 Listed on: 03/02/2023

Corcoran McEnearney

Last Buyer's Agent

Lindsey Chamberlain

(410) 705-6295 Lindsey.Chamberlain@exitresults.com Hyatt & Company Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 2006

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 776 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Upgraded Countertops
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Pool

  • Private Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303539230

Community Details

Overview

  • Association fees include insurance, trash, security gate
  • Low-Rise Condominium
  • Silverton Condominium Condos
  • Silverton Condominiums Community
  • Silver Spring Subdivision
  • Property Manager

Amenities

  • Common Area
  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,446

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$448 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: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-02
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 776
  • Living Area Sq Ft: 776
  • Price Per Sq Ft: 449.74
  • Above Grade Finished Sq Ft: 776
  • 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, Yes - Personal
  • 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: Forced Air
  • 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: 448.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silverton Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Insurance, Trash, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • 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

  • Horses: No
  • Improvement Assessed Value: 217000.00
  • Land Assessed Value: 93000.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14101460
  • Tax Annual Amount: 3446.00
  • Assessor Parcel Number: 161303539230
  • 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
Mar 2, 2023
Closed on
May 11, 2023
Sold by
Hammer Christine M
Bought by
Brantley Jill and Lengermann Patricia M
Seller's Agent
Nora Burke
Corcoran McEnearney
Buyer's Agent
Lindsey Chamberlain
Hyatt & Company Real Estate, LLC
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Views
64
Current Estimated Value
$320,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,994
Avg. Annual Appreciation
-1.06%
Original Mortgage
$313,500
Outstanding Balance
$304,783
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$15,223

Purchase Details

Listed on
Mar 2, 2023
Closed on
May 1, 2023
Sold by
Hammer Christine M
Bought by
Chapman Erin D
Seller's Agent
Nora Burke
Corcoran McEnearney
Buyer's Agent
Lindsey Chamberlain
Hyatt & Company Real Estate, LLC
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Outstanding Balance
$304,783
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$15,223

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 31, 2022
Sold by
Bentley William H
Bought by
Hammer Christine M
Seller's Agent
Kevin McDuffie
McWilliams/Ballard, Inc.
Buyer's Agent
Nora Burke
Corcoran McEnearney
List Price
$315,000
Sold Price
$340,000
Premium/Discount to List
$25,000
7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.73%
Original Mortgage
$240,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2006
Sold by
Silver Spring Square Llc
Bought by
Bentley William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,840
Interest Rate
6.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 7, 2006
Sold by
Silver Spring Square Llc
Bought by
Bentley William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,840
Interest Rate
6.59%
Mortgage Type
Stand Alone Second
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
Brantley Jill $35,000 None Listed On Document
Chapman Erin D $330,000 Results Title
Chapman Erin D $330,000 Results Title
Hammer Christine M $340,000 Wfg National Title
Bentley William H $328,400 --
Bentley William H $328,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Erin D $313,500
Closed Chapman Erin D $313,500
Previous Owner Hammer Christine M $240,000
Previous Owner Bentley William H $32,840
Previous Owner Bentley William H $262,720
Previous Owner Bentley William H $262,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $330,000 -5.4% $425 / Sq Ft
03/02/2023 03/02/23 For Sale $349,000 +2.6% $450 / Sq Ft
03/31/2022 03/31/22 Sold $340,000 +7.9% $438 / Sq Ft View Prior Sale
03/08/2022 03/08/22 For Sale $315,000 -- $406 / Sq Ft
Source: Bright MLS

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 $311,667 -- --
2024 $3,675 $310,000 $93,000 $217,000
2023 $4,326 $306,667 $0 $0
2022 $3,446 $303,333 $0 $0
2021 $3,405 $300,000 $90,000 $210,000
2020 $3,861 $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 -- $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: MDMC2083184

Bright MLS

APN: 13-03539230

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