NOT LISTED FOR SALE

Estimated Value: $523,200 - $550,000

2 Beds
2 Baths
1,250 Sq Ft
$667/mo HOA Fee

Last Sold September 22, 2023

Last sale price $525,000 $420 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,043/month

6 Days on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of September 2023

Welcome to your dream urban retreat! This elegant 2-bedroom, 2-bathroom condominium unit offers the perfect blend of style, comfort, and convenience. Located in the highly sought-after Silverton Condominiums in downtown Silver Spring, this spacious unit boasts exquisite features that will captivate even the most discerning buyer. As you step inside, you'll immediately be greeted by the expansive living room and dining room combo, illuminated by an abundance of natural light pouring in through the large windows that grace the 11-foot ceilings. The hardwood floors complement the modern interior, creating a warm and inviting ambiance. The kitchen is a culinary enthusiast's delight, featuring a sleek kitchen island that not only serves as a central focal point but also offers additional seating. The stainless steel appliances add a touch of sophistication, while the updated wall coverings bring a unique charm to the space. The primary suite is a true oasis, complete with a large walk-in closet providing ample storage space. With the added luxury of an en-suite bathroom, you'll have your own private sanctuary to unwind and relax. Step out onto the balcony and enjoy a breath of fresh air while taking in the surrounding cityscape. It's the perfect spot for morning coffee or evening sunsets. The Silverton Condominium community is not only a place to call home but also offers an array of amenities that cater to your every need. Stay active and fit in the well-equipped fitness center, take a refreshing dip in the outdoor swimming pool, or let your furry friend enjoy the designated dog-run area. Parking is a breeze with two private garage spaces, ensuring your vehicles are both secure and conveniently accessible. This condo also comes with a storage unit located directly outside your front door, a rarity in this building. Situated in close proximity to the shopping and dining options of Downtown Silver Spring, you'll have easy access to a wide range of entertainment and cultural experiences. Whether it's exploring the local restaurants, enjoying vibrant nightlife, or shopping for the latest trends, everything you desire is just moments away. Finally, you're just steps from the Silver Spring Metro station and bus routes, making this a great location for commuters. Don't miss this rare opportunity to own a piece of luxury living in Silver Spring. Schedule your private tour today and experience the epitome of urban elegance and convenience.

Last Listed By

Ryan Hehman

Compass License #677576 Listed on: 08/23/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,987

Year Built

  • Built in 2006

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • Garage Door Opener
  • Parking Space Conveys

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • French Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Monitored

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more

Schools

  • Montgomery Blair High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Assessor Parcel Number 161303539057

Community Details

Overview

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

Amenities

  • Party Room

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,987

Year Built

Built in 2006

Lot Details

0

HOA Fees

$667 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 48"+ Halls, Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-24
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Dryer
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Open, Wood Floors, Walk-In Closet(s), Upgraded Countertops, Tub Shower, Primary Bath(s), Kitchen - Island, Kitchen - Gourmet, Kitchen - Eat-In, Flat, Entry Level Bedroom, Dining Area, Built-Ins
  • Fireplace: No
  • Door Features: French
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Laundry, Storage Room
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1286
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 420.00
  • Above Grade Finished Sq Ft: 1250
  • Above Grade Unfinished Sq Ft: 36
  • 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: Brick
  • Spa: No
  • 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, Parking Space Conveys
  • Garage Features: Garage Door Opener, Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Programmable Thermostat, Energy Star Cooling System, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Energy Star Heating System, 90% Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Monitored, Main Entrance Lock
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 667.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silverton Condominiums
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Party Room, Pool - Outdoor, Exercise Room
  • HOA Condo Co-Op Fee Includes: Water, Trash, Pool(s), Parking Fee, Insurance, Snow Removal
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2023
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4987.00
  • Assessor Parcel Number: 161303539057
  • Tax Total Finished Sq Ft: 1250
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/22/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 22, 2023
Sold by
Demchick Harrison S and Diaz Carolyn
Bought by
Conrad Roderick and Sunakorn Suvimon
Seller's Agent
Ryan Hehman
Compass
Buyer's Agent
Craig Sword
Compass
List Price
$525,000
Sold Price
$525,000
Total Days on Market
6
Views
90
Current Estimated Value
$530,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,550
Avg. Annual Appreciation
0.64%
Original Mortgage
$420,000
Outstanding Balance
$413,706
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$116,844

Purchase Details

Listed on
Oct 9, 2018
Closed on
Oct 4, 2018
Sold by
Kim Dong Won and Dong Won Kim Trust
Bought by
Kim Dong Won and Feaster Alexys K
Seller's Agent
Andrew Essreg
RLAH @properties
Buyer's Agent
Marie Ntam
Compass
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$451,250
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2013
Sold by
Shirley Young Shil and Kim Nee
Bought by
Dong Won Kim Trust

Range of Values:

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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
Conrad Roderick $525,000 Fidelity National Title
Kim Dong Won $475,000 Kvs Title Llc
Dong Won Kim Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conrad Roderick $420,000
Previous Owner Feaster Alexys K $447,950
Previous Owner Kim Dong Won $451,250
Previous Owner Kim Young Shil $175,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $525,000 0.0% $420 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $525,000 +10.5% $420 / Sq Ft
10/30/2018 10/30/18 Sold $475,000 +2.2% $380 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $465,000 -- $372 / 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 $5,203 $440,000 $132,000 $308,000
2023 $2,940 $440,000 $132,000 $308,000
2022 $4,295 $440,000 $132,000 $308,000
2021 $4,628 $470,000 $141,000 $329,000
2020 $4,216 $433,333 $0 $0
2019 $3,801 $396,667 $0 $0
2018 $4,063 $360,000 $108,000 $252,000
2017 $3,937 $346,667 $0 $0
2016 -- $333,333 $0 $0
2015 $4,031 $320,000 $0 $0
2014 $4,031 $320,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2104380

Bright MLS

APN: 13-03539057