NOT LISTED FOR SALE

Estimated Value: $405,000 - $492,000

1 Bed
2 Baths
1,041 Sq Ft
$579/mo HOA Fee

Last Sold September 14, 2021

Last sale price $415,000 $399 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,252/month

10 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Sligo Creek Elementary School Rated A
  • City View
  • Contemporary Architecture

About This Home

As of September 2021

Experience this urban gem at the Silverton Condominiums, a one-of-a-kind gut renovation completed in 2016. This two-level unit has a private entrance, two stories of windows with tons of natural light, and true modern upgrades throughout. This open concept design features a kitchen, dining and living space, as well as a den space that works perfectly as an office or workout area. The den can also be re-enclosed as a bedroom. Renovated upgrades include natural oak flooring and recessed lighting throughout. The kitchen boasts quartz countertops, shaker cabinets, subway tile backsplash, breakfast bar, and stainless-steel appliances. Two full bathrooms feature ceramic marble floors, updated vanities and crystile wave series tile (downstairs shower) and subway tile (upstairs shower/tub). In addition to a new washer/dryer on the first level, a built-in three-zoned Sonos home sound system and Samsung 55’’ Ultra HD TV will convey. The main bedroom features a custom step-in Elfa closet system, floor-to-ceiling plate glass wall overlooking the first floor and mirrored wall, along with the aforementioned full bath upgrades. Building amenities include a dog-run, pool, exercise and club room. With a 98-walk score, you are less than two blocks from the Silver Spring Metro (Red Line) and within walking distance of many restaurants, shops, bars and grocers. Woodside Park, Fairview Road Urban Park, Ellsworth Urban Park and Takoma Park are all less than a 5-minute drive. The unit includes two parking spaces in the secured-garage and onsite property management.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 07/30/2021

Compass

Last Buyer's Agent

Teresa Burton

(240) 286-7493 homes@teresaburton.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 2006

HOA Fees

  • $579 Monthly HOA Fees

Parking

  • Assigned parking located at #190 & 275
  • 2 Assigned Parking Spaces

Home Design

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

Interior Spaces

  • 1,041 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Living Room
  • Dining Area
  • Den
  • City Views

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Surveillance System
  • Flood Lights

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303538018

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pool(s), reserve funds, snow removal, water, lawn care front, lawn care rear, lawn care side, management, sewer, trash
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • Property Manager

Amenities

  • Common Area
  • Party Room
  • Elevator

Recreation

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,966

Year Built

Built in 2006

Lot Details

0

HOA Fees

$579 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2006
  • Assigned Parking Space Numbers: 190 & 275
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Wood, Marble
  • Interior Amenities: Dining Area, Floor Plan - Open, Kitchen - Gourmet, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: High, Vaulted Ceilings
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Den, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1041
  • Living Area Sq Ft: 1041
  • Price Per Sq Ft: 402.50
  • Above Grade Finished Sq Ft: 1041
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Flood Lights
  • Roof: Shingle
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • 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
  • Security: Main Entrance Lock, Security System, Surveillance Sys
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 579.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Party Room, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pool(s), Reserve Funds, Snow Removal, Water, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Sewer, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: 259000.00
  • Land Assessed Value: 111000.00
  • Zoning: CBD2
  • In City Limits: No

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: 14101343
  • Tax Annual Amount: 3966.00
  • Assessor Parcel Number: 161303538018
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 14, 2021
Sold by
Barrett Patrick J and Barrett Phillip T
Bought by
Bradford Akalia
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Teresa Burton
Compass
List Price
$419,000
Sold Price
$415,000
Premium/Discount to List
-$4,000
-0.95%
Current Estimated Value
$433,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,117
Avg. Annual Appreciation
1.02%
Original Mortgage
$429,940
Outstanding Balance
$391,213
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$41,904

Purchase Details

Closed on
Jul 7, 2006
Sold by
Silver Spring Square Llc
Bought by
Patel Kavita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2006
Sold by
Silver Spring Square Llc
Bought by
Patel Kavita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
6%
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
Bradford Akalia $415,000 Rgs Title Llc
Patel Kavita J $409,900 --
Patel Kavita J $409,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradford Akalia $429,940
Previous Owner Patel Kavita J $327,200
Previous Owner Patel Kavita J $327,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $415,000 -1.0% $399 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $419,000 -- $402 / 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 $4,699 $400,000 -- --
2024 $4,699 $395,000 $118,500 $276,500
2023 $4,575 $386,667 $0 $0
2022 $4,292 $378,333 $0 $0
2021 $7,003 $370,000 $111,000 $259,000
2020 $7,934 $360,000 $0 $0
2019 $3,967 $350,000 $0 $0
2018 $3,838 $340,000 $102,000 $238,000
2017 $2,932 $323,333 $0 $0
2016 -- $306,667 $0 $0
2015 $2,838 $290,000 $0 $0
2014 $2,838 $286,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2008334

Bright MLS

APN: 13-03538018