NOT LISTED FOR SALE

Estimated Value: $269,000 - $300,000

1 Bed
1 Bath
759 Sq Ft
$427/mo HOA Fee

Last Sold February 17, 2023

Last sale price $270,000 $356 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,115/month

100 Days on Market

Highlights

  • Fitness Center
  • Traditional Architecture
  • Meeting Room
  • Sligo Creek Elementary School Rated A
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of February 2023

This Listing is a MPDU and must be purchased by a first time home buyer. Beautiful 1 BD / 1 BA condominium for sale in the heart of downtown Silver Spring. Bright and modern with newly updated flooring, this space is an amazing value. The open kitchen comes complete with a breakfast bar for an eat-in dining experience. There is a a large and open floor plan of the kitchen, living and dining. Both the bedroom and bathroom are again generous in size. There is an in unit washer/ dryer as well. Upgrades are as follows: new washer and dryer, a new hot water heater, the carpet is only 4 years old and the laminate flooring is only 5 years old, the shower enclosure has been re-grouted, there is a new toilet, and the drain was replaced. The garbage disposal and drain in the kitchen are all new.

A secluded balcony overlooks beautiful trees, sky and completes this unit. This unit conveys one assigned parking space.
This home is located in a stately, private building with an outdoor courtyard, pool, fitness center, and social room. Steps to downtown Silver Spring and this location is as close as you can get to Washington without paying DC prices. Great walking score- next to restaurants, retail, entertainment and convenient bus and subway lines. Love where you live!- Please contact the listing agent to find out more about the MPDU, first time buyer program this unit is involved in. It is a great value and an excellent opportunity to be a first time buyer and owner!

Last Agent to Sell the Property

Jonathan Reff

(202) 487-4162 jonathan@buyandselldc.com Compass Listed on: 09/30/2022

Compass

Last Buyer's Agent

Andre Asselin

(240) 702-3852 andreasselin@bhhsfloridarealty.net Long & Foster Real Estate, Inc. License #669720

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,225

Year Built

  • Built in 2006

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 759 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303539992

Community Details

Overview

  • Association fees include lawn maintenance, insurance, parking fee, pool(s), reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Common Area
  • Meeting Room
  • Party Room

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,225

Year Built

Built in 2006

Lot Details

0

HOA Fees

$427 per month

Parking

1

Listing Details

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

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 759
  • Living Area Sq Ft: 759
  • Price Per Sq Ft: 362.19
  • Above Grade Finished Sq Ft: 759
  • 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: Covered Parking
  • 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, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Central
  • 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: 427.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Common Grounds, Elevator, Exercise Room, Meeting Room, Party Room, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Parking Fee, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: 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: 136500.00
  • Land Assessed Value: 58500.00
  • Zoning: CBD2
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101537
  • Tax Annual Amount: 2225.00
  • Assessor Parcel Number: 161303539992
  • 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
Sep 30, 2022
Closed on
Feb 17, 2023
Sold by
Reff Robert Ramon
Bought by
Nguyen Kaylie
Seller's Agent
Jonathan Reff
Compass
Buyer's Agent
Andre Asselin
Long & Foster Real Estate, Inc.
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%
Views
52
Current Estimated Value
$285,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,757
Avg. Annual Appreciation
1.97%
Original Mortgage
$25,000
Outstanding Balance
$18,887
Interest Rate
5.76%
Estimated Equity
$266,870

Purchase Details

Listed on
Oct 16, 2018
Closed on
Nov 30, 2018
Sold by
Reed Daniel
Bought by
Reff Robert Ramon and Barbagallo Andrew Robert
Seller's Agent
Daniel Reed
Living In Style Real Estate
Buyer's Agent
Jonathan Reff
Compass
List Price
$229,900
Sold Price
$229,500
Premium/Discount to List
-$400
-0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$222,615
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2014
Closed on
Sep 18, 2014
Sold by
Sudjapun Andrea
Bought by
Reed Daniel
Seller's Agent
Gerard Dunn
RLAH @properties
Buyer's Agent
Cammie Reed
Living In Style Real Estate
List Price
$224,853
Sold Price
$218,500
Premium/Discount to List
-$6,353
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$203,954
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2009
Sold by
Buker Quinta M
Bought by
Sudjapun Andrea

Purchase Details

Closed on
May 24, 2007
Sold by
Silver Spring Square Llc
Bought by
Buker Quinta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,169
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2007
Sold by
Silver Spring Square Llc
Bought by
Buker Quinta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,169
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nguyen Kaylie $270,000 --
Reff Robert Ramon $229,500 Rgs Title
Reed Daniel $218,500 Fidelity Natl Title Ins Co
Sudjapun Andrea $188,217 --
Buker Quinta M $166,169 --
Buker Quinta M $166,169 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Kaylie $25,000
Open Nguyen Kaylie $219,000
Previous Owner Reff Robert Ramon $222,615
Previous Owner Reed Daniel $203,954
Previous Owner Buker Quinta M $166,169
Previous Owner Buker Quinta M $166,169
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2023 02/17/23 Sold $270,000 -1.8% $356 / Sq Ft
01/01/2023 01/01/23 For Sale $274,900 +1.8% $362 / Sq Ft
12/31/2022 12/31/22 Off Market $270,000 -- --
10/21/2022 10/21/22 Price Changed $274,900 -2.3% $362 / Sq Ft
09/30/2022 09/30/22 For Sale $281,430 +22.6% $371 / Sq Ft
11/30/2018 11/30/18 Sold $229,500 -0.2% $302 / Sq Ft View Prior Sale
10/16/2018 10/16/18 For Sale $229,900 +5.2% $303 / Sq Ft
09/16/2014 09/16/14 Sold $218,500 -2.8% $288 / Sq Ft View Prior Sale
07/02/2014 07/02/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $224,853 -- $296 / 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 $2,324 $216,667 -- --
2024 $2,324 $195,000 $58,500 $136,500
2023 $3,013 $195,000 $58,500 $136,500
2022 $1,533 $195,000 $58,500 $136,500
2021 $1,891 $227,000 $68,100 $158,900
2020 $3,541 $216,333 $0 $0
2019 $1,649 $205,667 $0 $0
2018 $2,201 $195,000 $30,000 $165,000
2017 $1,542 $191,667 $0 $0
2016 $1,418 $188,333 $0 $0
2015 $1,418 $185,000 $0 $0
2014 $1,418 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2066902

Bright MLS

APN: 13-03539992