NOT LISTED FOR SALE

Estimated Value: $322,000 - $470,000

1 Bed
1 Bath
881 Sq Ft
2006 Built

Last Sold April 10, 2015

Last sale price $297,000 $337 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,198/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • No HOA
  • Sligo Creek Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of May 2021

This beautiful 1 bedroom, 1 bath, condo is located just a few minutes’ walk to the Metro Stations Red Line, MARC Train and bus transit. This unit has ceramic tile and hardwood floors, granite counter tops, stainless steel appliances, pantry, walk-in closet, full size washer and dryer and has A private balcony. The building offers secured entry, a community room, gym, courtyards an outdoor pool and has an assigned parking space located within the parking garage. You could not ask for a better location close to downtown Silver Spring, Coffee Shops, Shopping, Restaurants, Entertainment and Parks. Come See what the Silverton has to offer. Online Application: https://apply.link/2VSiCFt, Fee $30 per adult.

Last Agent to Rent the Property

Regina Cosley

(240) 418-8755 reginacosley@remax.net Long & Foster Real Estate, Inc. License #660080 Listed on: 01/09/2021

Long & Foster Real Estate, Inc.

Last Renter's Agent

Regina Cosley

(240) 418-8755 reginacosley@remax.net Long & Foster Real Estate, Inc. License #660080 Listed on: 01/09/2021

Long & Foster Real Estate, Inc.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Property is in excellent condition

Parking

  • Assigned parking located at #191

Home Design

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

Interior Spaces

  • 881 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Kitchenette
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,950
  • $250 Move-In Fee
  • Tenant pays for cable TV, electricity, gas, insurance
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/9/21
  • $30 Application Fee
  • Assessor Parcel Number 161303540078

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Condominium
  • Silverton Codm Community
  • Downtown Silver Spring Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2021-01-09
  • Application Fee: 30.00
  • Pets Allowed: No
  • Security Deposit: 1950.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Insurance
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 250.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Assigned Parking Space Numbers: 191
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dryer, Dishwasher, Exhaust Fan, Refrigerator, Washer
  • Entry Floor: 4
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Elevator, Floor Plan - Open, Kitchenette, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 881
  • Living Area Sq Ft: 881
  • Price Per Sq Ft: 1.99
  • Above Grade Finished Sq Ft: 881
  • 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
  • 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: No
  • Parking Features: Assigned
  • Garage Features: Covered Parking, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent, Very Good
  • Zoning: CBD2

Tax Info

  • Assessor Parcel Number: 14101545
  • Assessor Parcel Number: 161303540078
  • Tax Data Updated: No

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Apr 10, 2015
Sold by
Stone Financing Llc
Bought by
Pal Rita and Shrestha Dibesh
Seller's Agent
Jeremy Browne
CENTURY 21 New Millennium
Buyer's Agent
James Higgins
Weichert, REALTORS
List Price
$309,990
Sold Price
$297,000
Premium/Discount to List
-$12,990
-4.19%
Current Estimated Value
$361,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,786
Avg. Annual Appreciation
2.01%
Original Mortgage
$252,450
Outstanding Balance
$194,069
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$174,156

Purchase Details

Closed on
Dec 17, 2014
Sold by
Tuzel Tomasz
Bought by
Brandt Derek

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jan 31, 2014
Sold by
Majolagbe Adesike A and Erondu Adesike A
Bought by
Tuzcl Tomasz
Seller's Agent
Susan Klukas
RE/MAX Realty Group
Buyer's Agent
Jeremy Browne
CENTURY 21 New Millennium
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$236,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2006
Sold by
Silver Spring Square Llc
Bought by
Majolagbe Adesike A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,080
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2006
Sold by
Silver Spring Square Llc
Bought by
Majolagbe Adesike A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,080
Interest Rate
6.79%
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
Pal Rita $297,000 Brennan Title Company
Stone Financing Llc $297,000 Brennan Title Company
Brandt Derek $8,750 Colony Title Group Ltd
Tuzcl Tomasz $295,000 Tower Title Services
Majolagbe Adesike A $350,400 --
Majolagbe Adesike A $350,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Financing Llc $252,450
Closed Stone Financing Llc $252,450
Previous Owner Tuzcl Tomasz $236,000
Previous Owner Majolagbe Adesike A $70,080
Previous Owner Majolagbe Adesike A $280,320
Previous Owner Majolagbe Adesike A $280,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2021 05/01/21 Rented $1,750 0.0% --
04/02/2021 04/02/21 Under Contract -- -- --
02/18/2021 02/18/21 Price Changed $1,750 -5.4% $2 / Sq Ft
01/29/2021 01/29/21 Price Changed $1,850 -5.1% $2 / Sq Ft
01/09/2021 01/09/21 For Rent $1,950 0.0% --
04/10/2015 04/10/15 Sold $297,000 -2.6% $337 / Sq Ft View Prior Sale
02/22/2015 02/22/15 Pending -- -- --
02/14/2015 02/14/15 Price Changed $304,900 -1.6% $346 / Sq Ft
01/12/2015 01/12/15 For Sale $309,990 +5.1% $352 / Sq Ft
01/31/2014 01/31/14 Sold $295,000 -1.3% $335 / Sq Ft View Prior Sale
01/05/2014 01/05/14 Pending -- -- --
12/05/2013 12/05/13 Price Changed $299,000 -3.5% $339 / Sq Ft
11/18/2013 11/18/13 For Sale $310,000 -- $352 / 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 $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 $3,405 $300,000 $90,000 $210,000
2020 $5,202 $290,000 $0 $0
2019 $2,486 $280,000 $0 $0
2018 $2,379 $270,000 $81,000 $189,000
2017 $2,266 $260,000 $0 $0
2016 $2,375 $250,000 $0 $0
2015 $2,375 $240,000 $0 $0
2014 $2,375 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC737642

Bright MLS

APN: 13-03540078