NOT LISTED FOR SALE

Estimated Value: $309,474 - $319,000

1 Bed
1 Bath
784 Sq Ft
$427/mo HOA Fee

Last Sold June 14, 2021

Last sale price $305,000 $389 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,377/month

19 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of June 2021

The Silverton is a mid-sized condo building, built during revitalization of downtown Silver Spring in 2006. It was built on the site of the old Canada Dry bottling plant, which is visible with the retained facade and sign of the factory. It is conveniently located two blocks from the metro and is walking distance to all of the amenities of downtown Silver Spring. Location is everything and East-West Highway is one of the best in Silver Spring! This beautiful 1BR/1BA, pet-friendly, garden unit with glamorous 12-foot ceilings, combines luxury with the perfect location. New HVAC system and NEST installed in 2020. The large living room windows allow an abundance of natural light with excellent views of the vibrant and bustling neighborhood. The open floor plan is great for entertaining friends or instead choose to meet them at one of the numerous dining, shopping or entertainment spots available nearby just outside your front door. The gourmet kitchen features a breakfast bar with stools, black-trimmed stainless steel appliances, gas cooking, black granite countertops, tile flooring, and 42” cabinets for lots of storage. A huge primary bedroom includes walk-in closets and connects to a full bath with tub shower and granite-top vanity. A full-sized washer and dryer are conveniently tucked away in an adjacent utility closet. Silverton Condominium amenities include fitness center, outdoor pool, on-site dog run, TV and meeting room, party room, large outdoor plaza with seating, and local community activities. The on-site property management is attentive to the resident’s needs and the housekeeping and custodial staff keep the building clean and in good condition. Don’t miss this uncommon opportunity to be part of the exciting neighborhood and community of downtown Silver Spring. Also excellent for commuters with quick access to Metro and MARC. Don’t hesitate...make your showing appointment TODAY!

Last Agent to Sell the Property

Ryan Butler

(720) 530-4729 ryan@coalitionpg.com Keller Williams Capital Properties Listed on: 04/29/2021

Keller Williams Capital Properties

Co-Listed By

Harrison Beacher

(202) 843-8000 hlbrealtor@gmail.com Keller Williams Capital Properties License #634687

Last Buyer's Agent

FAITH OHAI

(202) 596-5838 faithyourrealtor@gmail.com Fairfax Realty Premier

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 2006

Lot Details

  • Property is in excellent condition

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • Parking Permit Included

Home Design

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

Interior Spaces

  • 784 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Intercom

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303538100

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Silverton Condominiums
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • Property Manager

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,178

Year Built

Built in 2006

Lot Details

0

HOA Fees

$427 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: Seller personal property.
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Intercom, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Open, Intercom, Kitchen - Gourmet, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Wall Ceiling Types: Dry Wall, High, Vaulted Ceilings
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Foyer, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 784
  • Living Area Sq Ft: 784
  • Price Per Sq Ft: 389.03
  • Above Grade Finished Sq Ft: 784
  • 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
  • Exterior Features: Sidewalks, Street Lights
  • 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, Permit Included
  • Garage Features: Covered Parking, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 427.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silverton Condominiums
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3178.00
  • Assessor Parcel Number: 161303538100
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 7, 2021
Sold by
Bradley Andrea M
Bought by
Tekle Tomas Tewodros
Seller's Agent
Ryan Butler
Keller Williams Capital Properties
Buyer's Agent
FAITH OHAI
Fairfax Realty Premier
List Price
$10,000
Sold Price
$305,000
Premium/Discount to List
$295,000
2950%
Current Estimated Value
$314,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,869
Avg. Annual Appreciation
0.71%
Original Mortgage
$274,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 6, 2018
Sold by
Chavez Linda and Gersten Christopher
Bought by
Bradley Andrea M
Seller's Agent
Margaret Ferris
Compass
Buyer's Agent
Ryan Butler
Keller Williams Capital Properties
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$240,219
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2014
Closed on
Jan 14, 2015
Sold by
Dang Phong Q
Bought by
Chavez Linda and Gersten Christopher
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Margaret Ferris
Compass
List Price
$295,000
Sold Price
$280,500
Premium/Discount to List
-$14,500
-4.92%

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
$210,375
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Silver Spring Square Llc
Bought by
Dang Phong Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,100
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2006
Sold by
Silver Spring Square Llc
Bought by
Dang Phong Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,100
Interest Rate
6.75%
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
Tekle Tomas Tewodros $305,000 Smart Settlements Llc
Bradley Andrea M $299,900 Kvs Title Llc
Chavez Linda $280,500 Westcor Land Title Ins Co
Dang Phong Q $308,900 --
Dang Phong Q $308,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tekle Tomas Tewodros $274,500
Previous Owner Bradley Andrea M $240,219
Previous Owner Chavez Linda $210,375
Previous Owner Dang Phong Q $247,100
Previous Owner Dang Phong Q $247,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2021 06/14/21 Sold $305,000 0.0% $389 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $305,000 +2950.0% $389 / Sq Ft
04/29/2021 04/29/21 For Sale $10,000 -96.7% $13 / Sq Ft
06/29/2018 06/29/18 Sold $299,000 -0.3% $381 / Sq Ft View Prior Sale
06/14/2018 06/14/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $299,900 +6.9% $383 / Sq Ft
01/15/2015 01/15/15 Sold $280,500 -3.1% $358 / Sq Ft View Prior Sale
12/02/2014 12/02/14 Pending -- -- --
11/13/2014 11/13/14 Price Changed $289,500 -1.9% $369 / Sq Ft
10/10/2014 10/10/14 For Sale $295,000 -- $376 / 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 $3,499 $296,667 -- --
2024 $3,499 $295,000 $88,500 $206,500
2023 $4,189 $295,000 $88,500 $206,500
2022 $2,660 $295,000 $88,500 $206,500
2021 $5,426 $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 $2,266 $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

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Map

Source: Bright MLS

MLS Number: MDMC755598

Bright MLS

APN: 13-03538100