NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $314,000 - $456,000

1 Bed
1 Bath
776 Sq Ft
$298/mo HOA Fee

Last Sold July 06, 2015

Last sale price $290,000 $374 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,458/month

23 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Sligo Creek Elementary School Rated A
  • Gated Community
  • Contemporary Architecture

About This Home

As of July 2015

It feels like you are in a country club when living in this 1-bed 1-bath luxury unit with balcony facing the swimming pool court yard. Ample closet space, granite counters, maple cabinets, & washer & drier inside unit. Steps to metro, restaurants, grocery, entertainment, & shops. Building amenities: fitness center, party room, outdoor pool. 1 garage parking space & 1 LARGE storage unit included.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 05/14/2015

Compass

Last Buyer's Agent

Eleanor Balaban

(301) 229-7990 Eleanor.Balaban@LongandFoster.com Long & Foster Real Estate, Inc. License #59407

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,148

Year Built

  • Built in 2006

Lot Details

  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • Parking Space Number Location: P-47
  • Side Facing Garage
  • Garage Door Opener
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 776 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Window Screens
  • Combination Dining and Living Room
  • Exterior Cameras

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Level Entry For Accessibility

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303538543

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, pool(s), sewer, snow removal, water
  • 210 Units
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • The community has rules related to covenants, moving in times

Amenities

  • Common Area
  • Community Center
  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Front Desk in Lobby
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,148

Year Built

Built in 2006

Lot Details

0

HOA Fees

$298 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, Elevator, Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Primary Bath(s), Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 776
  • Living Area Sq Ft: 776
  • Price Per Sq Ft: 373.71
  • 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
  • Construction Materials: Combination, Brick
  • Exterior Features: Extensive Hardscape, Sidewalks, Street Lights
  • Pool Features: In Ground
  • Pool Private: Yes
  • 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
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Garage, Assigned
  • Parking Space Number Assigned: P-47
  • Garage Features: Covered Parking, Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Main Entrance Lock, Exterior Cameras, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available, Under Ground, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 298.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Gated Community, Meeting Room, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Pool(s), Sewer, Snow Removal, Water
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving Fees Required, Moving In Times, Pets - Allowed, Pets - Area
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 168000.00
  • Land Assessed Value: 72000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101396
  • Tax Annual Amount: 3147.79
  • Assessor Parcel Number: 161303538543
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 29, 2015
Sold by
Baker David M and Baker Kelly
Bought by
Hewitt Sara T
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Eleanor Balaban
Long & Foster Real Estate, Inc.
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$353,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,451
Avg. Annual Appreciation
1.91%
Original Mortgage
$215,000
Outstanding Balance
$167,761
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$185,690

Purchase Details

Closed on
Apr 6, 2010
Sold by
Weaver Frank C
Bought by
Baker David M and Baker Kelly

Purchase Details

Closed on
Jun 13, 2008
Sold by
Weaver Frank C
Bought by
Weaver Frank C Tr Et Al

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.76%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Mar 17, 2008
Sold by
Weaver Frank C
Bought by
Weaver Frank C Tr Et Al

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.76%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Jul 6, 2006
Sold by
Silver Spring Square Llc
Bought by
Weaver Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,720
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
Silver Spring Square Llc
Bought by
Weaver Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,720
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Hewitt Sara T $290,000 Fidelity Natl Title Ins Co
Baker David M $275,000 --
Weaver Frank C Tr Et Al -- --
Weaver Frank C Tr Et Al -- --
Weaver Frank C $323,400 --
Weaver Frank C $323,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewitt Sara T $215,000
Previous Owner Weaver Frank C Tr Et Al $240,000
Previous Owner Weaver Frank C Tr Et Al $240,000
Previous Owner Weaver Frank C $258,720
Previous Owner Weaver Frank C $258,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2015 07/06/15 Sold $290,000 0.0% $374 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $290,000 0.0% $374 / Sq Ft
10/14/2013 10/14/13 Rented $1,640 -3.5% --
10/07/2013 10/07/13 Under Contract -- -- --
09/09/2013 09/09/13 For Rent $1,700 -2.9% --
04/16/2013 04/16/13 Rented $1,750 0.0% --
04/12/2013 04/12/13 Under Contract -- -- --
02/27/2013 02/27/13 For Rent $1,750 -- --
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 $3,293 $290,000 $0 $0
2019 $3,178 $280,000 $0 $0
2018 $3,071 $270,000 $81,000 $189,000
2017 $2,958 $260,000 $0 $0
2016 $2,337 $250,000 $0 $0
2015 $2,337 $240,000 $0 $0
2014 $2,337 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carmen Fontecilla

    Seller's Agent in 2015

    Carmen Fontecilla

    Compass

    (301) 908-6672

    69 in this area

    281 Total Sales

    Carmen Fontecilla
    Section Image
  • Eleanor Balaban

    Buyer's Agent in 2015

    Eleanor Balaban

    Long & Foster

    (301) 229-7990

    5 Total Sales

    Eleanor Balaban
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Wolland

    Weichert Corporate

  • Valerie Ofoma

    Buyer's Agent in 2013

    Valerie Ofoma

    Compass

    (202) 641-7673

    21 Total Sales

    Valerie Ofoma
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: 1002328961

Bright MLS

APN: 13-03538543

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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