NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $305,540 - $434,000

1 Bed
1 Bath
788 Sq Ft
$391/mo HOA Fee

Last Sold April 12, 2019

Last sale price $306,800 $389 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,501/month

17 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of April 2019

**Reduced price**Enjoy city living in Downtown SilverSpring in this spacious condominium unit. bright 1BR,1BATH,1Garage with Storage, Woodfloor, lots of windows and many closets, open balcony, SS appliances, granite countertop, Swimming pool, fitness, resident lounge, etc. STEPS FROM METRO, shops, restaurants.

Last Agent to Sell the Property

Jina Hwang

(703) 608-4729 jinahome@hotmail.com BH Investment Realty. Inc. Listed on: 02/25/2019

Last Buyer's Agent

Daren Phillips

(202) 257-5490 daren@2riversteam.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 2006

HOA Fees

  • $391 Monthly HOA Fees

Parking

  • 107 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 788 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161303539206

Community Details

Overview

  • Association fees include health club, insurance, management
  • Low-Rise Condominium
  • Silverton Condo, Phone Number (301) 565-8370
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Clubhouse
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,070

Year Built

Built in 2006

Lot Details

0

HOA Fees

$391 per month

Parking

107

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
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 788
  • Living Area Sq Ft: 788
  • Price Per Sq Ft: 393.40
  • Above Grade Finished Sq Ft: 788
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 107.00
  • Garage: Yes
  • Garage Features: Covered Parking, Garage Door Opener
  • Attached Garage Spaces: 107
  • Total Garage And Parking Spaces: 107
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 391.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: silverton condo
  • Condo Co-Op Phone: 301-565-8370
  • HOA Condo Co-Op Amenities: Club House, Elevator, Extra Storage, Fitness Center, Gated Community, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Health Club, Insurance, Management
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14101458
  • Tax Annual Amount: 3070.00
  • Assessor Parcel Number: 161303539206
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 12, 2019
Sold by
Chun Haecin C and Chun Haecin Cathleen
Bought by
Bromwell Joel
Seller's Agent
Jina Hwang
BH Investment Realty. Inc.
Buyer's Agent
Daren Phillips
Compass
List Price
$315,000
Sold Price
$306,800
Premium/Discount to List
-$8,200
-2.6%
Current Estimated Value
$344,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,085
Avg. Annual Appreciation
1.74%
Original Mortgage
$245,471
Outstanding Balance
$215,813
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$129,072

Purchase Details

Closed on
Jul 7, 2006
Sold by
Silver Spring Square Llc
Bought by
Chun Haecin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2006
Sold by
Silver Spring Square Llc
Bought by
Chun Haecin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
6.58%
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
Bromwell Joel $306,800 Standard Title Group Llc
Chun Haecin $342,400 --
Chun Haecin $342,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bromwell Joel $245,471
Previous Owner Chun Haecin $34,200
Previous Owner Chun Haecin $273,900
Previous Owner Chun Haecin $273,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $306,800 -1.0% $389 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $310,000 -1.6% $393 / Sq Ft
02/25/2019 02/25/19 For Sale $315,000 -- $400 / 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 $1,300 $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 -- $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

  • Jina Hwang

    Seller's Agent in 2019

    Jina Hwang

    BH Investment Realty. Inc.

    (703) 608-4729

    151 Total Sales

    Jina Hwang
    Section Image
  • Daren Phillips

    Buyer's Agent in 2019

    Daren Phillips

    Compass

    (202) 257-5490

    71 Total Sales

    Daren Phillips
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: MDMC618722

Bright MLS

APN: 13-03539206

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

Condos

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