$466,000 - $490,000
RENTED AUG 15, 2024
2 Beds
2 Baths
1,084 Sq Ft
2006 Built

Last Sold June 26, 2013

Last sale price $367,500 $339 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,040/month

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Sligo Creek Elementary School Rated A
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of August 2024

Enjoy upscale urban living at the Silverton Condominium in Downtown Silver Spring. This two-bedroom unit offers a unique floor plan overlooking the Canada Dry Plaza. It is set in a quiet and desirable location within the building, adjacent to a stairwell that provides easy access to the outside. Brand new hardwood floors cover the living room and primary bedroom, which is complete with a walk-in closet and private bath. The secondary bedroom has brand new carpet and a beautiful view of tree-lined city streets, making it perfect for additional family space, a home office, or guest room, with good separation from the condo common areas. Enjoy the convenience of driving home and parking in your reserved garage parking space, conveniently located on the same floor as the condo unit. The whole property has been freshly painted with several of the appliances recently replaced.

The Silverton is a very well-maintained building that offers a pet-friendly atmosphere with dedicated on-site management. Residents have access to amenities including a fitness center, outdoor pool, party room, and dog run. Located in the heart of Downtown Silver Spring just a block and half from Metro and the MARC Train, you're also steps away from a multitude of restaurants, shops, and entertainment options, with the added future benefit of the Metro Purple Line. Make urban living a luxury at the Silverton Condominium.

Last Agent to Rent the Property

Carmen Fontecilla

Compass Listed on: 07/23/2024

Compass

Last Renter's Agent

Cynthia McIver

Cranford & Associates

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 2006

Lot Details

  • Southwest Facing Home
  • Property is in excellent condition

Parking

  • Assigned parking located at #56
  • Side Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Secure Parking

Property Views

  • Woods
  • Garden
  • Courtyard

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,084 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Exterior Cameras
  • Monitored
  • Flood Lights

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Level Entry For Accessibility

Utilities

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

Additional Features

  • Outdoor Storage
  • Urban Location

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,590
  • Tenant pays for electricity, gas, minor interior maintenance, cable TV, heat, hot water, utilities - some, cooking fuel
  • The owner pays for association fees, real estate taxes
  • Rent includes hoa/condo fee, parking, sewer, taxes, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 7/22/24
  • Assessor Parcel Number 161303538634

Community Details

Overview

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

Amenities

  • Common Area
  • Party Room
  • 2 Elevators
  • Community Storage Space

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Front Desk in Lobby
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,674

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-07-22
  • Owner Pays: Association Fees, Taxes - Real Estate
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Hoa/Condo Fee, Parking, Sewer, Taxes, Water
  • Security Deposit: 2590.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Minor Interior Maintenance, Cable Tv, Heat, Hot Water, Utilities - Some, Cooking Fuel
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, Elevator, Level Entry - Main
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Assigned Parking Space Numbers: 56
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy upscale urban living at the Silverton Condominium in Downtown Silver Spring. This two-bedroom unit offers a unique floor plan overlooking the Canada Dry Plaza. It is set in a quiet and desirable location within the building, adjacent to a stairwell that provides easy access to the outside. Brand new hardwood floors cover the living room and primary bedroom, which is complete with a walk-in closet and private bath. The secondary bedroom has brand new carpet and a beautiful view of tree-lined city streets, making it perfect for additional family space, a home office, or guest room, with good separation from the condo common areas. Enjoy the convenience of driving home and parking in your reserved garage parking space, conveniently located on the same floor as the condo unit. The whole property has been freshly painted with several of the appliances recently replaced. The Silverton is a very well-maintained building that offers a pet-friendly atmosphere with dedicated on-site management. Residents have access to amenities including a fitness center, outdoor pool, party room, and dog run. Located in the heart of Downtown Silver Spring just a block and half from Metro and the MARC Train, you're also steps away from a multitude of restaurants, shops, and entertainment options, with the added future benefit of the Metro Purple Line. Make urban living a luxury at the Silverton Condominium.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Kitchen - Gourmet, Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Window Treatments, Carpet, Floor Plan - Open, Walk-In Closet(s)
  • Fireplace: No
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1084
  • Living Area Sq Ft: 1084
  • Price Per Sq Ft: 2.39
  • Above Grade Finished Sq Ft: 1084
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1201

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Flood Lights, Secure Storage, Sidewalks
  • Roof: Architectural Shingle
  • Spa: No
  • View: Courtyard, Trees/Woods, Garden/Lawn
  • 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, Secure Parking, Parking Space Conveys
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Monitored, Desk In Lobby, Exterior Cameras, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic, Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silverton Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Party Room, Pool - Outdoor, Security, Extra Storage
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Sewer, Snow Removal, Trash, Water, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: U
  • Property Condition: Excellent
  • Zoning: CBD2
  • In City Limits: No

Tax Info

  • Assessor Parcel Number: 161303538634
  • Tax Total Finished Sq Ft: 1084
  • Close Date: 08/15/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2013
Closed on
Jun 28, 2013
Sold by
Mara Andrew S and Mara Chloe D
Bought by
Hajiaghayi Mohammad T and Nasri Arefeh
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$379,000
Sold Price
$367,500
Premium/Discount to List
-$11,500
-3.03%
Current Estimated Value
$484,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,517
Avg. Annual Appreciation
2.20%

Purchase Details

Closed on
Jun 25, 2009
Sold by
Gyamfi Adelaide M
Bought by
Mara Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2006
Sold by
Silver Spring Square Llc
Bought by
Gyamfi Adelaide M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,985
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Silver Spring Square Llc
Bought by
Gyamfi Adelaide M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,920
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hajiaghayi Mohammad T $367,500 First American Title Ins Co
Mara Andrew S $330,000 --
Gyamfi Adelaide M $459,900 --
Gyamfi Adelaide M $459,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mara Chloe D $264,000
Previous Owner Gyamfi Adelaide M $68,985
Previous Owner Gyamfi Adelaide M $367,920
Previous Owner Gyamfi Adelaide M $367,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Rented $2,590 0.0% --
08/09/2024 08/09/24 Under Contract -- -- --
07/31/2024 07/31/24 Price Changed $2,590 -3.7% $2 / Sq Ft
07/23/2024 07/23/24 For Rent $2,690 0.0% --
06/26/2013 06/26/13 Sold $367,500 -3.0% $339 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $379,000 -- $350 / 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
2024 $4,674 $395,000 $118,500 $276,500
2023 $4,673 $395,000 $118,500 $276,500
2022 $3,184 $395,000 $118,500 $276,500
2021 $2,238 $395,000 $118,500 $276,500
2020 $153 $380,000 $0 $0
2019 $4,136 $365,000 $0 $0
2018 $3,950 $350,000 $105,000 $245,000
2017 $3,819 $336,667 $0 $0
2016 $3,089 $323,333 $0 $0
2015 $3,089 $310,000 $0 $0
2014 $3,089 $306,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2141226

Bright MLS

APN: 13-03538634