NOT LISTED FOR SALE

Estimated Value: $433,518 - $494,000

2 Beds
2 Baths
1,105 Sq Ft
$403/mo HOA Fee

Last Sold October 31, 2013

Last sale price $400,000 $362 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,216/month

Highlights

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

About This Home

As of October 2013

Walk to metro and enjoy city living in this spacious and luxury. Unit shows as a model. Balcony, custom closets, granite counters, washer/dryer in unit. Bldg offers swimming pool , fitness rm, resident lounge, & more. Located in vibrant Downtown Silver Spring with shops, restaurants, grocery, art.., METRO. 1 garage parking space conveys.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 10/24/2013

Compass

Last Buyer's Agent

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 10/24/2013

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 2006

Lot Details

  • Property is in very good condition

HOA Fees

  • $403 Monthly HOA Fees

Parking

  • Parking Space Number Location: P-16
  • Side Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,105 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom
  • Exterior Cameras
  • Flood Lights

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Wheelchair Height Mailbox
  • Level Entry For Accessibility
  • Ramp on the main level

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Storage
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303539161

Community Details

Overview

  • Moving Fees Required
  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), road maintenance, sewer, snow removal, water
  • 210 Units
  • Low-Rise Condominium
  • Silverton Community
  • The community has rules related to covenants, moving in times

Amenities

  • Common Area
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Front Desk in Lobby
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,056

Year Built

Built in 2006

Lot Details

0

HOA Fees

$403 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Level Entry - Main, Ramp - Main Level, 36"+ Wide Halls, Wheelchair Height Mailbox
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Island, Combination Dining/Living, Upgraded Countertops, Master Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Master Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1105
  • Living Area Sq Ft: 1105
  • Price Per Sq Ft: 361.99
  • Above Grade Finished Sq Ft: 1105
  • 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
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Play Area, Flood Lights, Secure Storage, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned, Garage, Parking Space Conveys
  • Parking Space Number Assigned: P-16
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

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
  • Security: Desk In Lobby, Exterior Cameras, Fire Detection System, Intercom, Main Entrance Lock, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 402.94
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Gated Community, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Road Maintenance, Sewer, Snow Removal, Water
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving Fees Required, Moving In Times, Pets - Allowed, Pets - Area
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 217000.00
  • Land Assessed Value: 93000.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101454
  • Tax Annual Amount: 4055.66
  • Assessor Parcel Number: 161303539161
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2013
Closed on
Oct 31, 2013
Sold by
Banks Peter Samuel and Magalhaes Marilia Castelo
Bought by
Kabir Ihita A
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$463,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,380
Avg. Annual Appreciation
1.21%
Original Mortgage
$320,000
Outstanding Balance
$238,735
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$224,645

Purchase Details

Closed on
Aug 31, 2011
Sold by
Patel Kavita J
Bought by
Banks Peter Samuel and Magalhaes Marilia Castelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kabir Ihita A $400,000 Chicago Title Insurance Co
Banks Peter Samuel $355,000 Tradition Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabir Ihita A $320,000
Previous Owner Banks Peter Samuel $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $400,000 0.0% $362 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
10/24/2013 10/24/13 For Sale $400,000 -- $362 / 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 $4,674 $400,000 -- --
2024 $4,674 $395,000 $118,500 $276,500
2023 $5,365 $395,000 $118,500 $276,500
2022 $3,184 $395,000 $118,500 $276,500
2021 $3,783 $395,000 $118,500 $276,500
2020 $120 $380,000 $0 $0
2019 $3,444 $365,000 $0 $0
2018 $4,087 $350,000 $105,000 $245,000
2017 $3,127 $336,667 $0 $0
2016 -- $323,333 $0 $0
2015 $3,781 $310,000 $0 $0
2014 $3,781 $306,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003796530

Bright MLS

APN: 13-03539161