NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $472,000 - $500,759

2 Beds
2 Baths
1,293 Sq Ft
$615/mo HOA Fee

Last Sold November 29, 2022

Last sale price $468,000 $362 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,634/month

33 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Sligo Creek Elementary School Rated A
  • City View
  • Main Floor Bedroom

About This Home

As of November 2022

Live in the heart of Downtown Silver Spring at the Silverton Condominium. This unique two-bedroom corner unit has an amazing floor plan with a Juliet balcony overlooking East West Hwy. Every room in this unit is full of light with a large gourmet windowed kitchen that has granite counters, stainless steel appliances, and an island with a breakfast bar. The large living room with space for dinning table is perfect for entertainment. The whole unit is freshy painted wit h new flooring and carpet. Several improvements has been recently completed. An assigned covered parking space in the same level of the unit conveys with the sale of the condo.
The Silverton is a pet-friendly building with on-site managers. Residents enjoy access to the building's fitness center, outdoor pool, party room, and dog run. The building's prime location has all a city living needs with easy access to Metro, Marc train, restaurants, shops, and entertainment. The soon-completion of the Metro purple line will make this condo an even more desirable place.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 09/23/2022

Compass

Last Buyer's Agent

Andre Asselin

(240) 702-3852 andreasselin@bhhsfloridarealty.net Long & Foster Real Estate, Inc. License #669720

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 2006

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • Assigned parking located at #128
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,293 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • City Views
  • Security Gate

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303539434

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), snow removal, common area maintenance, exterior building maintenance, water
  • 210 Units
  • Low-Rise Condominium
  • Legum And Norman Condos, Phone Number (301) 565-8370
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • Property Manager

Amenities

  • Common Area
  • 2 Elevators

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,912

Year Built

Built in 2006

Lot Details

0

HOA Fees

$615 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Assigned Parking Space Numbers: 128
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Tub Shower
  • Fireplace: No
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1293
  • Living Area Sq Ft: 1293
  • Price Per Sq Ft: 361.95
  • Above Grade Finished Sq Ft: 1293
  • Above Grade Finished Area Units: Square Feet

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, Combination
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Spa: No
  • View: City
  • 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, Parking Space Conveys
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Main Entrance Lock, Security Gate, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 615.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Legum and Norman
  • Condo Co-Op Phone: (301) 565-8370
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Snow Removal, Common Area Maintenance, Ext Bldg Maint, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 315000.00
  • Land Assessed Value: 135000.00
  • Outdoor Living Structures: Balcony
  • Zoning: CBD2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14101481
  • Tax Annual Amount: 4912.00
  • Assessor Parcel Number: 161303539434
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2006
Sold by
Silver Spring Square Llc
Bought by
Palfin Keith
Current Estimated Value
$491,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,120
Outstanding Balance
$217,602
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,588

Purchase Details

Closed on
Jun 21, 2006
Sold by
Silver Spring Square Llc
Bought by
Palfin Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,120
Outstanding Balance
$217,602
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,588
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
Palfin Keith $493,900 --
Palfin Keith $493,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palfin Keith $395,120
Closed Palfin Keith $395,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $468,000 -1.3% $362 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/18/2022 10/18/22 Price Changed $474,000 -2.3% $367 / Sq Ft
09/23/2022 09/23/22 For Sale $485,000 0.0% $375 / Sq Ft
07/15/2019 07/15/19 Rented $2,400 -2.0% --
06/25/2019 06/25/19 Under Contract -- -- --
06/22/2019 06/22/19 For Rent $2,450 0.0% --
06/22/2019 06/22/19 Off Market $2,450 -- --
06/17/2019 06/17/19 For Rent $2,450 -1.6% --
10/06/2016 10/06/16 Rented $2,490 0.0% --
09/26/2016 09/26/16 Under Contract -- -- --
09/08/2016 09/08/16 For Rent $2,490 +6.6% --
12/01/2013 12/01/13 Rented $2,335 -4.7% --
10/31/2013 10/31/13 Under Contract -- -- --
09/25/2013 09/25/13 For Rent $2,450 +8.9% --
04/02/2012 04/02/12 Rented $2,250 -16.5% --
03/21/2012 03/21/12 Under Contract -- -- --
12/05/2011 12/05/11 For Rent $2,695 -- --
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 $5,321 $453,333 -- --
2024 $5,321 $450,000 $135,000 $315,000
2023 $5,222 $441,667 $0 $0
2022 $3,493 $433,333 $0 $0
2021 $4,121 $425,000 $127,500 $297,500
2020 $120 $413,333 $0 $0
2019 $4,549 $401,667 $0 $0
2018 $4,425 $390,000 $117,000 $273,000
2017 $103 $376,667 $0 $0
2016 -- $363,333 $0 $0
2015 -- $350,000 $0 $0
2014 -- $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carmen Fontecilla

    Seller's Agent in 2022

    Carmen Fontecilla

    Compass

    (301) 908-6672

    69 in this area

    281 Total Sales

    Carmen Fontecilla
    Section Image
  • Andre Asselin

    Buyer's Agent in 2022

    Andre Asselin

    Long & Foster

    (240) 702-3852

    2 in this area

    99 Total Sales

    Andre Asselin
    Section Image
  • Martin Signore

    Buyer's Agent in 2016

    Martin Signore

    Keller Williams Capital Properties

    (202) 604-0000

    47 Total Sales

    Martin Signore
    Section Image
  • Gail Henry

    Buyer's Agent in 2012

    Gail Henry

    Compass

    (301) 602-3741

    16 Total Sales

    Gail Henry
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2068318

Bright MLS

APN: 13-03539434

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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