NOT LISTED FOR SALE

Estimated Value: $308,745 - $320,000

1 Bed
1 Bath
777 Sq Ft
$422/mo HOA Fee

Last Sold May 17, 2021

Last sale price $310,000 $399 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,362/month

10 Days on Market

Highlights

  • Community Pool
  • Meeting Room
  • Central Air
  • Sligo Creek Elementary School Rated A
  • 2 Car Attached Garage
  • Secure Parking

About This Home

As of May 2021

Location, location location! And a brand new HVAC! Welcome home to this picture-perfect one-bedroom condo with 2 parking spaces in the heart of Silver Spring. This home is sun-drenched throughout with large windows and a lovely Juliet balcony that opens to city views. The spacious open living area is perfect for entertaining or everyday living, opening to the dining area complete with a modern chandelier, new wood look plank floors and fresh paint. The chef’s kitchen highlights GE stainless steel appliances, a GAS range oven, upgraded countertops, and ample storage space for all your kitchen needs. The generously sized primary bedroom includes a ceiling fan, 2 closets -- one walk-in and connects to the full bath with multiple storage vanities and a luxurious Delta shower head. Convenience at its best with GE Washer/Dryer in the unit and did I mention a BRAND NEW HVAC?! Silverton Condominiums offers an outdoor pool, gym, on-site dog run, a party room, regular community activities and on-site management for a low condo fee. Welcome home to this vibrant neighborhood immersed in downtown Silver Spring with amazing metro and MARC access (with Purple line coming soon), so much shopping, dining, entertainment just outside your front door. Doesn't get better than this!

Last Agent to Sell the Property

Gitika Kaul

(202) 810-3395 gitika.kaul@compass.com Compass License #665358 Listed on: 04/08/2021

Compass

Last Buyer's Agent

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 2006

HOA Fees

  • $422 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secure Parking

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 777 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 161303539070

Community Details

Overview

  • Association fees include sewer, water
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Common Area
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,178

Year Built

Built in 2006

Lot Details

0

HOA Fees

$422 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 777
  • Living Area Sq Ft: 777
  • Price Per Sq Ft: 398.97
  • Above Grade Finished Sq Ft: 777
  • 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: 2.00
  • Garage: Yes
  • Parking Features: Secure Parking, Private
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • 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: Heat Pump(s)
  • 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: 422.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Sewer, Water
  • 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: 210000.00
  • Land Assessed Value: 90000.00
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101445
  • Tax Annual Amount: 3178.00
  • Assessor Parcel Number: 161303539070
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 17, 2021
Sold by
Naik Lina and Naik Lina Prakashchandra
Bought by
Qahtani Mariam
Seller's Agent
Gitika Kaul
Compass
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$313,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,936
Avg. Annual Appreciation
0.28%
Original Mortgage
$300,700
Outstanding Balance
$272,083
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$41,853

Purchase Details

Closed on
Jul 18, 2006
Sold by
Silver Spring Square Llc
Bought by
Naik Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
Silver Spring Square Llc
Bought by
Naik Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.87%
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
Qahtani Mariam $310,000 Kvs Title Llc
Naik Lina $319,900 --
Naik Lina $319,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qahtani Mariam $300,700
Previous Owner Naik Lina $235,000
Previous Owner Naik Lina $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $310,000 0.0% $399 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $310,000 -- $399 / 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 $3,440 $293,333 -- --
2024 $3,440 $290,000 $87,000 $203,000
2023 $4,130 $290,000 $87,000 $203,000
2022 $2,604 $290,000 $87,000 $203,000
2021 $6,009 $300,000 $90,000 $210,000
2020 $6,586 $290,000 $0 $0
2019 $3,178 $280,000 $0 $0
2018 $2,828 $270,000 $81,000 $189,000
2017 $2,266 $260,000 $0 $0
2016 -- $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: MDMC750730

Bright MLS

APN: 13-03539070