NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $306,138 - $378,000

1 Bed
1 Bath
788 Sq Ft
2006 Built

Highlights

  • Fitness Center
  • Colonial Architecture
  • Community Pool
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Party Room

About This Home

As of June 2020

SILVERTON CONDOMINIUM IS CONVENIENTLY LOCATED A COUPLE OF BLOCKS FROM THE METRO ALONG EAST WEST HIGHWAY!!! ALSO NEXT TO SHOPS AND RESTAURANTS!!!THIS UNIT IS ON THE GROUND FLOOR AND HAS A COURTYARD VIEW FROM THE WINDOWS!!!TENANT JUST MOVED OUT AND THE UNIT IS READY FOR IMMEDIATE MOVE IN!!!EXCELLENT FLOOR PLAN WITH HARDWOOD FLOORS IN THE LIVING AREA, BEDROOM WITH LARGE CLOSET SPACE!!!NEW HIGH EFFICIENCY HVAC!PROFESSIONALLY MANAGED APARTMENT HOME!!!MOVE IN IN FEBRUARY AND PAY NO RENT FOR THE MONTH!!!

Last Agent to Rent the Property

Keith Elliott

(703) 970-8882 keith@varealestate.com Legum & Norman Realty, Inc. Listed on: 01/15/2020

Last Renter's Agent

Keith Elliott

(703) 970-8882 keith@varealestate.com Legum & Norman Realty, Inc. Listed on: 01/15/2020

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Off-Street Parking
  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Bump-Outs
  • Asphalt

Interior Spaces

  • 788 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Carpet
  • Security Gate

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Patio
  • Property is in very good condition
  • 90% Forced Air Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,700
  • $200 Move-In Fee
  • Tenant pays for utilities - some
  • The owner pays for association fees
  • Rent includes parking, party room, sewer, snow removal, trash removal, water
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 1/15/20
  • $55 Application Fee
  • Assessor Parcel Number 161303538166

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, management, parking fee, pool(s), snow removal, sewer, water, trash
  • High-Rise Condominium
  • Silverton Condominium Condos
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • Property Manager

Amenities

  • Party Room
  • Community Library

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $350
  • $25 Monthly Pet Rent
  • Dogs and Cats Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2020-01-15
  • Application Fee: 55.00
  • Monthly Pet Rent: 25.00
  • Owner Pays: Association Fees
  • Pet Deposit: 350.00
  • Pets: Cats Ok, Dogs Ok, Size/Weight Restriction, Pet Addendum/Deposit, Number Limit, Breed Restrictions, Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Parking, Party Room, Sewer, Snow Removal, Trash Removal, Water
  • Security Deposit: 1700.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - Some
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Move In Fee: 200.00

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Entry Floor: 1
  • Flooring Type: Carpet
  • Interior Amenities: Combination Kitchen/Living, Combination Kitchen/Dining, Floor Plan - Traditional, Walk-In Closet(s), Window Treatments
  • Window Features: Double Pane
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 788
  • Living Area Sq Ft: 788
  • Price Per Sq Ft: 2.13
  • 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: Asphalt
  • Exterior Features: Bump-Outs
  • Spa: No
  • 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
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

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: Elevator, Exercise Room, Fitness Center, Library, Party Room, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Parking Fee, Pool(s), Snow Removal, Sewer, Water, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: CBD2

Tax Info

  • Assessor Parcel Number: 14101358
  • Assessor Parcel Number: 161303538166

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2006
Sold by
Silver Spring Square Llc
Bought by
Lee Jeon W and Lee Becky
Current Estimated Value
$333,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$86,418
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,617

Purchase Details

Closed on
Jun 28, 2006
Sold by
Silver Spring Square Llc
Bought by
Lee Jeon W and Lee Becky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$86,418
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,617
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
Lee Jeon W $319,900 --
Lee Jeon W $319,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jeon W $150,000
Closed Lee Jeon W $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Rented $1,675 0.0% --
05/13/2020 05/13/20 Under Contract -- -- --
04/13/2020 04/13/20 For Rent $1,675 0.0% --
03/26/2020 03/26/20 Under Contract -- -- --
02/12/2020 02/12/20 Price Changed $1,675 -1.5% $2 / Sq Ft
01/15/2020 01/15/20 For Rent $1,700 +3.0% --
03/12/2018 03/12/18 Rented $1,650 -5.7% --
03/12/2018 03/12/18 Under Contract -- -- --
12/18/2017 12/18/17 For Rent $1,750 -- --
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 $3,634 $306,667 $0 $0
2022 $2,445 $303,333 $0 $0
2021 $1,702 $300,000 $90,000 $210,000
2020 $120 $290,000 $0 $0
2019 $3,178 $280,000 $0 $0
2018 $2,379 $270,000 $81,000 $189,000
2017 $3,685 $260,000 $0 $0
2016 -- $250,000 $0 $0
2015 $3,067 $240,000 $0 $0
2014 $3,067 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2020

    Keith Elliott

    Legum & Norman Realty, Inc.

    (703) 970-8882

    5 Total Sales

    Keith Elliott
    Section Image

  • S

    Buyer's Agent in 2018

    Susie Yoon

    Taylor Properties

    (240) 481-0465

    23 Total Sales

    Susie Yoon
    Section Image
See All Agents

About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: MDMC691718

Bright MLS

APN: 13-03538166

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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