NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $311,000 - $360,000

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

Last Sold June 16, 2023

Last sale price $332,500 $418 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,470/month

3 Days on Market

Highlights

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

About This Home

As of June 2023

Welcome to the Silverton Condos. Prime Location in the HEART OF DOWNTOWN SILVER SPRING. This 1 Bedroom 1 Full Bath Condo includes; 9' ceilings, gourmet Kitchen with granite counters, spacious walk-in closet, in unit washer/dryer, balcony overlooking the courtyard and ONE reserved garage parking space, Updates include; New Refrigerator (APRIL 2023) Carpet (APRIL 2023), A/C (MARCH 2023) and Direct Vent Water Heater (JULY 2020). The property has On-Site Management. On-Site Amenities include; a Fitness Center, Party Room, Outdoor Pool and Dog Run. Located minutes from major transportation hubs; Metro Rail, Metro Bus, Ride-On Bus, Bus Rapid Transit (BRT), Marc Train, and Future Purple Line Light Rail. Enjoy an eclectic mix of dining, shopping and entertainment. Look no further this ONE-STOP LOCATION has it all.

Last Agent to Sell the Property

Paul Lee

(301) 213-5973 pyleerealtor@gmail.com HomeSmart Listed on: 04/30/2023

HomeSmart

Last Buyer's Agent

Ralphael Joyner

(240) 270-3833 rjoyner@ttrsir.com TTR Sotheby's International Realty License #638601

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 2006

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • Assigned parking located at #108
  • Side Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 796 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Electric 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 161303539217

Community Details

Overview

  • Association fees include water, pool(s), sewer, trash, common area maintenance
  • Low-Rise Condominium
  • Silverton Condos, Phone Number (301) 565-8370
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • Property Manager

Amenities

  • Common Area
  • Party Room

Recreation

  • Community Pool

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,446

Year Built

Built in 2006

Lot Details

0

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: 36"+ Wide Halls
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-01
  • Federal Flood Zone: No
  • Year Built: 2006
  • Assigned Parking Space Numbers: 108
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Water Heater, Washer, Oven/Range - Gas, Refrigerator
  • Entry Floor: 1
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 796
  • Living Area Sq Ft: 796
  • Price Per Sq Ft: 417.71
  • Above Grade Finished Sq Ft: 796
  • 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, Combination
  • Spa: No
  • 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, Parking Space Conveys
  • Garage Features: Garage Door Opener, Garage - Side Entry, Inside Access
  • 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
  • Condo Co-Op Phone: 301-565-8370
  • HOA Condo Co-Op Amenities: Common Grounds, Fitness Center, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Pool(s), Sewer, Trash, Common Area 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 217000.00
  • Land Assessed Value: 93000.00
  • Zoning: CBD2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14101459
  • Tax Annual Amount: 3446.00
  • Assessor Parcel Number: 161303539217
  • 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
Apr 30, 2023
Closed on
Jun 15, 2023
Sold by
Lee Dae Sup and Hea Lan
Bought by
Jalloh Habibatu
Seller's Agent
Paul Lee
HomeSmart
Buyer's Agent
Ralphael Joyner
TTR Sotheby's International Realty
List Price
$332,500
Sold Price
$332,500
Views
30
Current Estimated Value
$328,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,443
Avg. Annual Appreciation
-0.52%
Original Mortgage
$322,525
Outstanding Balance
$313,837
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
$14,220

Purchase Details

Closed on
Jul 18, 2006
Sold by
Silver Spring Square Llc
Bought by
Lee Hea L and Lee Dae S

Purchase Details

Closed on
Jul 7, 2006
Sold by
Silver Spring Square Llc
Bought by
Lee Hea L and Lee Dae S
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
Jalloh Habibatu $332,500 Allied Title & Escrow
Lee Hea L $311,900 --
Lee Hea L $311,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jalloh Habibatu $322,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $332,500 0.0% $418 / Sq Ft
04/30/2023 04/30/23 For Sale $332,500 0.0% $418 / Sq Ft
07/25/2019 07/25/19 Rented $1,700 0.0% --
07/03/2019 07/03/19 For Rent $1,700 +8.3% --
12/31/2013 12/31/13 Rented $1,570 -7.4% --
12/16/2013 12/16/13 Under Contract -- -- --
08/28/2013 08/28/13 For Rent $1,695 -- --
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 $311,667 -- --
2024 $3,675 $310,000 $93,000 $217,000
2023 $3,634 $306,667 $0 $0
2022 $2,445 $303,333 $0 $0
2021 $0 $300,000 $90,000 $210,000
2020 $153 $290,000 $0 $0
2019 $3,178 $280,000 $0 $0
2018 $3,395 $270,000 $81,000 $189,000
2017 $150 $260,000 $0 $0
2016 -- $250,000 $0 $0
2015 $3,067 $240,000 $0 $0
2014 $3,067 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Paul Lee

    HomeSmart

    (301) 213-5973

    1 in this area

    16 Total Sales

    Paul Lee
    Section Image
  • Ralphael Joyner

    Buyer's Agent in 2023

    Ralphael Joyner

    TTR Sotheby's International Realty

    (240) 270-3833

    1 in this area

    58 Total Sales

    Ralphael Joyner
    Section Image
  • Danielle Gottlieb

    Buyer's Agent in 2019

    Danielle Gottlieb

    RE/MAX

    (240) 205-4733

    33 Total Sales

    Danielle Gottlieb
    Section Image

  • C

    Buyer's Agent in 2013

    Caroline Keith

    Long & Foster

See All Agents

About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2090750

Bright MLS

APN: 13-03539217

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

Condos

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