NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $297,198 - $345,000

1 Bed
1 Bath
707 Sq Ft
2006 Built

Last Sold October 20, 2020

Last sale price $308,000 $436 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,985/month

47 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • High-Rise Condominium
  • Sligo Creek Elementary School Rated A

About This Home

As of October 2020

Beautiful condo unit in the downtown Canada Dry building . New paint and New carpet Granite counter tops in the kitchen with stainless steel appliances. Full size washer/dryer are in the unit. Parking space included with unit. Silver ton condo has many amenities such as a party and multi purpose room, pool and recently renovated gym. A great location that's within easy walking distance of METRO STATION, the restaurants, grocery market and it also has easy connections to I 495 // You can access the Live Video through Zoom. https://us04web.zoom.us/j/6527314183?pwd=WWQ2L1pTWnhKdmN6dUxGTmlrMnB4dz09 Click the above link to access the Zoom Live Video. You also can type the ID below. Please contact the agent to get the password. Meeting ID: 652 731 4183

Last Agent to Sell the Property

Joanne Lee

(443) 506-8488 joannerealty@allicogroup.com Realty 1 Maryland, LLC Listed on: 08/08/2020

Last Buyer's Agent

Michael Gonzalez

(301) 346-0926 michael.gonzalez@redfin.com Perennial Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,065

Year Built

  • Built in 2006

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 707 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Community Details

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161303540023

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,065

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 707
  • Living Area Sq Ft: 707
  • Price Per Sq Ft: 445.54
  • Above Grade Finished Sq Ft: 707
  • 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: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 16.06
  • 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: 401.00
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Elevator
  • 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: 203000.00
  • Land Assessed Value: 87000.00
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101540
  • Tax Annual Amount: 3065.00
  • Assessor Parcel Number: 161303540023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 19, 2020
Sold by
Choe Sung
Bought by
Baglaeva Lyudmila and Ivanov Dmitry
Seller's Agent
Joanne Lee
Realty 1 Maryland, LLC
Buyer's Agent
Michael Gonzalez
Perennial Real Estate
List Price
$325,000
Sold Price
$308,000
Premium/Discount to List
-$17,000
-5.23%
Current Estimated Value
$318,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,800
Avg. Annual Appreciation
0.68%
Original Mortgage
$246,400
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2006
Sold by
Silver Spring Square Llc
Bought by
Choe Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2006
Sold by
Silver Spring Square Llc
Bought by
Choe Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Baglaeva Lyudmila $308,000 Accommodation
Choe Sung $346,900 --
Choe Sung $346,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baglaeva Lyudmila $246,400
Previous Owner Choe Sung $141,000
Previous Owner Choe Sung $141,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2020 10/20/20 Sold $308,000 -2.2% $436 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $315,000 -3.1% $446 / Sq Ft
08/08/2020 08/08/20 For Sale $325,000 -- $460 / 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 $3,675 $300,000 $90,000 $210,000
2024 $3,675 $310,000 $93,000 $217,000
2023 $4,287 $303,333 $0 $0
2022 $2,679 $296,667 $0 $0
2021 $3,292 $290,000 $87,000 $203,000
2020 $0 $280,000 $0 $0
2019 $3,066 $270,000 $0 $0
2018 $3,508 $260,000 $78,000 $182,000
2017 $2,932 $250,000 $0 $0
2016 $2,904 $240,000 $0 $0
2015 $2,904 $230,000 $0 $0
2014 $2,904 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joanne Lee

    Seller's Agent in 2020

    Joanne Lee

    Realty 1 Maryland, LLC

    (443) 506-8488

    47 Total Sales

    Joanne Lee
    Section Image
  • Michael Gonzalez

    Buyer's Agent in 2020

    Michael Gonzalez

    Perennial Real Estate

    (301) 346-0926

    106 Total Sales

    Michael Gonzalez
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: MDMC720340

Bright MLS

APN: 13-03540023

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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