NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $336,923 - $455,000

2 Beds
1 Bath
994 Sq Ft
$422/mo HOA Fee

Last Sold October 16, 2013

Last sale price $274,764 $276 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,630/month

13 Days on Market

Highlights

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

About This Home

As of October 2013

MPDU UNIT WITH NO INCOME LIMITATIONS!! GREAT UNIT WITH 16 ' SOARING CEILINGS, 2 PARKING SPACES, NICE UPDATES. FUN COMPLEX WITH PARTY ROOM, SWIMMING POOL AND GYM. BEAUTIFUL PATIO,CONVENIENTLY LOCATED TO METRO, SHOPPING AND RESTAURANTS. PRICED TO SELL AND CLOSING COST ASSISTANCE AVAILABLE. DOG RUN IN BACK OF BUILDING

Last Agent to Sell the Property

September Lundeen

(301) 536-2017 september.lundeen@redfin.com Redfin Corp Listed on: 08/17/2013

Redfin Corp

Last Buyer's Agent

Jan Evans

(301) 873-3596 jevans@ttrsir.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 2006

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 994 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Family Room Off Kitchen

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 92,93
  • Covered Parking
  • Parking Space Conveys

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Entry Slope Less Than 1 Foot
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303538417

Community Details

Overview

  • Mid-Rise Condominium
  • Silverton Community
  • Silverton Codm Subdivision

Amenities

  • Common Area
  • Meeting Room
  • Party Room
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,488

Year Built

Built in 2006

Lot Details

0

HOA Fees

$422 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Entry Slope <1'
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Stove, Washer
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 994
  • Living Area Sq Ft: 994
  • Price Per Sq Ft: 276.42
  • Above Grade Finished Sq Ft: 994
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Concrete
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Parking Space Number Assigned: 92,93
  • Garage Features: Covered Parking

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 421.73
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Gated Community, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 180000.00
  • Land Assessed Value: 30000.00
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101383
  • Tax Annual Amount: 2487.67
  • Assessor Parcel Number: 161303538417
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2013
Closed on
Oct 16, 2013
Sold by
Siow Michael
Bought by
Amin Sarah
Seller's Agent
September Lundeen
Redfin Corp
Buyer's Agent
Jan Evans
TTR Sotheby's International Realty
List Price
$274,764
Sold Price
$274,764
Current Estimated Value
$382,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,717
Avg. Annual Appreciation
2.74%
Original Mortgage
$265,592
Interest Rate
4.52%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2006
Sold by
Silver Spring Square Llc
Bought by
Siow Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2006
Sold by
Silver Spring Square Llc
Bought by
Siow Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.59%
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
Amin Sarah $274,764 None Available
Siow Michael $215,042 --
Siow Michael $215,042 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amin Sarah $265,592
Previous Owner Siow Michael $140,000
Previous Owner Siow Michael $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2013 10/16/13 Sold $274,764 0.0% $276 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
08/17/2013 08/17/13 For Sale $274,764 -- $276 / 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 $2,500 $236,667 -- --
2024 $2,500 $210,000 $63,000 $147,000
2023 $1,687 $200,000 $0 $0
2022 $1,531 $190,000 $0 $0
2021 $1,361 $180,000 $54,000 $126,000
2020 $2,722 $180,000 $54,000 $126,000
2019 $1,360 $180,000 $54,000 $126,000
2018 $120 $210,000 $30,000 $180,000
2017 $1,797 $210,000 $0 $0
2016 $1,612 $210,000 $0 $0
2015 $1,612 $210,000 $0 $0
2014 $1,612 $203,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Evans

    Buyer's Agent in 2013

    Jan Evans

    TTR Sotheby's International Realty

    (301) 873-3596

    14 Total Sales

    Jan Evans
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: 1003684210

Bright MLS

APN: 13-03538417

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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