NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $315,599 - $463,000

1 Bed
1 Bath
796 Sq Ft
$359/mo HOA Fee

Last Sold May 03, 2017

Last sale price $325,000 $408 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,532/month

3 Days on Market

Highlights

  • Concierge
  • Open Floorplan
  • Breakfast Area or Nook
  • Sligo Creek Elementary School Rated A
  • Contemporary Architecture
  • Brick Front

About This Home

As of May 2017

Beautiful 1BR condo move in immediately,,,, well maintained and upgraded hardwood floors with living room and bedroom and the kitchen with granite counter tops and maple cabinets and stainless steel appliances. Full size washer and dryer and walk in closet,Quiet court yard view,2 car garages !

Last Agent to Sell the Property

K Soung

(703) 928-5990 k@dwellwashington.com Realty ONE Group Capital License #638547 Listed on: 04/01/2017

Realty ONE Group Capital

Last Buyer's Agent

Alex Martinez

(240) 258-2668 listings@tccre.org The Agency DC License #BR98379367

The Agency DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 2006

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 796 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303538678

Community Details

Overview

  • Association fees include water, security gate, trash, sewer, parking fee, insurance, lawn care front, lawn care rear, lawn maintenance, exterior building maintenance
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Concierge

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,958

Year Built

Built in 2006

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 796
  • Living Area Sq Ft: 796
  • Price Per Sq Ft: 370.60
  • 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
  • Construction Materials: Brick Front
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 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: 359.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge
  • HOA Condo Co-Op Fee Includes: Water, Security Gate, Trash, Sewer, Parking Fee, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Ext Bldg Maint
  • HOA Condo Co-Op Rules: Elevator Use
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Property Attached Yn: Yes
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101406
  • Tax Annual Amount: 2958.28
  • Assessor Parcel Number: 161303538678
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 3, 2017
Sold by
Park Theresa Hyejin and Park Joong Kun
Bought by
Nagaraj Siddarth Shashi
Seller's Agent
K Soung
Realty ONE Group Capital
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$295,000
Sold Price
$325,000
Premium/Discount to List
$30,000
10.17%
Current Estimated Value
$354,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,650
Avg. Annual Appreciation
1.02%
Original Mortgage
$240,500
Outstanding Balance
$199,288
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$155,362

Purchase Details

Listed on
Nov 13, 2013
Closed on
Mar 19, 2014
Sold by
Beam Keith Thomas
Bought by
Park Theresa Hyejin and Park Joong Kun
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Sung Hwang
Giant Realty, Inc.
List Price
$298,500
Sold Price
$292,000
Premium/Discount to List
-$6,500
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$192,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2006
Sold by
Silver Spring Square Llc
Bought by
Beam Keith Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
6.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 8, 2006
Sold by
Silver Spring Square Llc
Bought by
Beam Keith Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
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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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
Nagaraj Siddarth Shashi $325,000 Intergia Title & Escrow Inc
Park Theresa Hyejin $292,000 Elite Title & Escrow Llc
Beam Keith Thomas $326,800 --
Beam Keith Thomas $326,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagaraj Siddarth Shashi $240,500
Previous Owner Park Theresa Hyejin $192,000
Previous Owner Beam Keith Thomas $33,600
Previous Owner Beam Keith Thomas $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2017 05/03/17 Sold $325,000 +10.2% $408 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $295,000 +1.0% $371 / Sq Ft
03/21/2014 03/21/14 Sold $292,000 -1.0% $365 / Sq Ft View Prior Sale
02/14/2014 02/14/14 Pending -- -- --
02/07/2014 02/07/14 Price Changed $295,000 -1.2% $369 / Sq Ft
11/13/2013 11/13/13 For Sale $298,500 0.0% $373 / Sq Ft
06/30/2012 06/30/12 Rented $1,700 +3.0% --
05/16/2012 05/16/12 Under Contract -- -- --
04/17/2012 04/17/12 For Rent $1,650 -- --
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 $4,326 $306,667 $0 $0
2022 $2,445 $303,333 $0 $0
2021 $5,426 $300,000 $90,000 $210,000
2020 $4,972 $290,000 $0 $0
2019 $5 $280,000 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $103 $260,000 $0 $0
2016 -- $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

  • K Soung

    Seller's Agent in 2017

    K Soung

    Realty ONE Group Capital

    (703) 928-5990

    106 Total Sales

    K Soung
    Section Image
  • Alex Martinez

    Buyer's Agent in 2017

    Alex Martinez

    The Agency DC

    (240) 258-2668

    3 in this area

    1,037 Total Sales

    Alex Martinez
    Section Image
  • Carmen Fontecilla

    Seller's Agent in 2014

    Carmen Fontecilla

    Compass

    (301) 908-6672

    70 in this area

    283 Total Sales

    Carmen Fontecilla
    Section Image

  • S

    Buyer's Agent in 2014

    Sung Hwang

    Giant Realty, Inc.

    Section Image
  • Gail Henry

    Seller Co-Listing Agent in 2012

    Gail Henry

    Compass

    (301) 602-3741

    16 Total Sales

    Gail Henry
    Section Image
See All Agents

About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: 1002506247

Bright MLS

APN: 13-03538678

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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