NOT LISTED FOR SALE

Estimated Value: $315,000 - $348,000

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

Last Sold December 15, 2023

Last sale price $308,750 $375 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,458/month

97 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Sligo Creek Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of December 2023

Paint and Carpet NEW (2023)
Welcome to all inclusive living in downtown Silver Spring. Modern, luxury living meets every convenience at the Silverton, an upscale community with top amenities like an outdoor pool, party room, fitness center, dog park and on-site building staff. This unit is a 1 bedroom, 1 bath condo with private balcony overlooking a pool and easy access to all community amenities. Inside, the condo has a well-designed layout that maximizes both space and functionality. The kitchen features sleek stainless steel appliances, with a pantry and a separate dining space. The large bedroom offers a spacious walk-in closet and direct access to the updated bathroom. The unit has beautiful hardwood floors with new paint and carpet in the bedroom. One garage parking space are included with the sale! Located in downtown Silver Spring, this condo offers the perfect city lifestyle. The units is walkable to everything! You'll have easy access to array of shopping, dining, and entertainment options right at your doorstep. The Silver Spring metro and train station is just half a mile away, making this location perfect for all commuters. Do not miss this opportunity!

Last Agent to Sell the Property

Vincent Caropreso

(410) 384-4800 vince@teamcaropreso.com Keller Williams Flagship Listed on: 08/21/2023

Keller Williams Flagship

Co-Listed By

Timothy Caropreso

(443) 510-5918 tim@teamcaropreso.com Keller Williams Flagship License #5003281

Last Buyer's Agent

Vonda Rodgers

(410) 746-4380 vonda.peterson@longandfoster.com RLAH @properties License #5007343

RLAH @properties

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 #P-27
  • 1 Assigned Parking Space

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 823 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Open Floorplan

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303538304

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, pool(s), management, insurance, parking fee
  • Low-Rise Condominium
  • Silverton Condominium Condos
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

  • Community Pool
  • Dog Park

Pet Policy

  • Pets allowed on a case-by-case basis

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: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-21
  • Federal Flood Zone: No
  • Year Built: 2006
  • Assigned Parking Space Numbers: P-27
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Exhaust Fan
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Living, Kitchen - Gourmet, Primary Bath(s), Walk-In Closet(s), Wood Floors, Ceiling Fan(s)
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 823
  • Living Area Sq Ft: 823
  • Price Per Sq Ft: 388.82
  • Above Grade Finished Sq Ft: 823
  • 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 Veneer
  • 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
  • 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: 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: 448.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silverton Condominium
  • HOA Condo Co-Op Amenities: Swimming Pool, Fitness Center, Dog Park, Elevator, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Sewer, Pool(s), Management, Insurance, Parking Fee
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3446.00
  • Assessor Parcel Number: 161303538304
  • 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
Aug 21, 2023
Closed on
Dec 15, 2023
Sold by
Hollinger Rebecca C
Bought by
Megana Ramya and Megana Ramya Sundararaman
Seller's Agent
Vincent Caropreso
Keller Williams Flagship
Buyer's Agent
Vonda Rodgers
RLAH @properties
List Price
$340,000
Sold Price
$308,750
Premium/Discount to List
-$31,250
-9.19%
Views
383
Current Estimated Value
$325,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,088
Avg. Annual Appreciation
2.88%
Original Mortgage
$247,000
Outstanding Balance
$242,900
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$84,567

Purchase Details

Listed on
Feb 21, 2019
Closed on
May 3, 2019
Sold by
Chung Ki Ho and Chung Kay K
Bought by
Hollinger Rebecca C
Seller's Agent
Sheena Saydam
Keller Williams Capital Properties
Buyer's Agent
Joseph Olatunde Seriki
TTR Sotheby's International Realty
List Price
$319,900
Sold Price
$308,500
Premium/Discount to List
-$11,400
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.02%
Original Mortgage
$243,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2006
Sold by
Silver Spring Square Llc
Bought by
Chung Kay K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,320
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Silver Spring Square Llc
Bought by
Chung Kay K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,320
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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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
Megana Ramya $308,750 Rgs Title
Megana Ramya $308,750 Rgs Title
Hollinger Rebecca C $308,500 Kvs Title Llc
Chung Kay K $317,900 --
Chung Kay K $317,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megana Ramya $247,000
Closed Megana Ramya $247,000
Previous Owner Hollinger Rebecca C $243,500
Previous Owner Chung Kay K $254,320
Previous Owner Chung Kay K $254,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $308,750 -3.5% $375 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $320,000 -3.0% $389 / Sq Ft
09/06/2023 09/06/23 Price Changed $330,000 -2.9% $401 / Sq Ft
08/21/2023 08/21/23 For Sale $340,000 +10.2% $413 / Sq Ft
05/03/2019 05/03/19 Sold $308,500 -0.5% $375 / Sq Ft View Prior Sale
03/30/2019 03/30/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $309,900 -3.1% $377 / Sq Ft
02/22/2019 02/22/19 For Sale $319,900 -- $389 / 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 $2,942 $306,667 $0 $0
2022 $2,754 $303,333 $0 $0
2021 $2,713 $300,000 $90,000 $210,000
2020 $5,202 $290,000 $0 $0
2019 $2,486 $280,000 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $2,958 $260,000 $0 $0
2016 $3,067 $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

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Map

Source: Bright MLS

MLS Number: MDMC2103884

Bright MLS

APN: 13-03538304