NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $298,179 - $438,000

1 Bed
1 Bath
707 Sq Ft
$422/mo HOA Fee

Last Sold July 30, 2020

Last sale price $319,000 $451 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,505/month

21 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Party Room
  • Sligo Creek Elementary School Rated A
  • Community Pool
  • Elevator

About This Home

As of July 2020

Welcome to the best of urban and suburban style of living at Silverton Condominium! This sunny, bright and quiet one-bedroom unit has Newer 5-inch Plank Hardwood Floors, Newer Designer Lighting . The windows are facing the Courtyard. Includes rare 2 Garage Parking Spaces!! Club Room, Pool, Exercise Room, Dog Run - Pet Friendly. METRO is steps away for simple commute - Shopping, Dining and the Best of Downtown Silver Spring!

Last Agent to Sell the Property

Lisa Ma

(301) 938-9268 lishama@gmail.com UnionPlus Realty, Inc. Listed on: 05/26/2020

Last Buyer's Agent

Ashish Khianey

(301) 213-6101 akhianey@gmail.com Vylla Home License #0225208634

Vylla Home

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,065

Year Built

  • Built in 2006

HOA Fees

  • $422 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 707 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161303539491

Community Details

Overview

  • Association fees include snow removal, reserve funds, water, sewer, exterior building maintenance, lawn maintenance, pool(s)
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Common Area
  • Party Room
  • Elevator

Recreation

  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,065

Year Built

Built in 2006

Lot Details

0

HOA Fees

$422 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-05-27
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Stove, Microwave, Dishwasher, Disposal
  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Walk-In Closet(s)
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 707
  • Living Area Sq Ft: 707
  • Price Per Sq Ft: 451.20
  • 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: Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 422.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Snow Removal, Reserve Funds, Water, Sewer, Ext Bldg Maint, Lawn Maintenance, Pool(s)
  • 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: 14101487
  • Tax Annual Amount: 3065.00
  • Assessor Parcel Number: 161303539491
  • 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
May 26, 2020
Closed on
Jul 29, 2020
Sold by
Qin Yuanjing
Bought by
Donaldson Teraya M
Seller's Agent
Lisa Ma
UnionPlus Realty, Inc.
Buyer's Agent
Ashish Khianey
Vylla Home
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$339,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,784
Avg. Annual Appreciation
1.70%
Original Mortgage
$303,050
Outstanding Balance
$268,827
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$80,968

Purchase Details

Listed on
Nov 9, 2017
Closed on
Dec 15, 2017
Sold by
Lee Joohee
Bought by
Qiu Yuanjing
Seller's Agent
Keegan Dufresne
RE/MAX Allegiance
Buyer's Agent
Keegan Dufresne
RE/MAX Allegiance
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$225,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2015
Closed on
Apr 24, 2015
Sold by
Settle Jeffrey C and Settle Jill R
Bought by
Lee Joohee
Seller's Agent
Jessica Evans
Compass
Buyer's Agent
Noël Sesay
Compass
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Original Mortgage
$228,000
Interest Rate
3.69%
Mortgage Type
New Conventional
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
Donaldson Teraya M $319,000 Rgs Title Llc
Qiu Yuanjing $300,000 Federal Title & Escrow Co
Lee Joohee $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donaldson Teraya M $303,050
Previous Owner Qiu Yuanjing $225,000
Previous Owner Lee Joohee $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2020 07/30/20 Sold $319,000 0.0% $451 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $319,000 +6.3% $451 / Sq Ft
12/15/2017 12/15/17 Sold $300,000 0.0% $424 / Sq Ft View Prior Sale
11/14/2017 11/14/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $299,900 +5.2% $424 / Sq Ft
04/24/2015 04/24/15 Sold $285,000 -1.7% $403 / Sq Ft View Prior Sale
03/24/2015 03/24/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $290,000 -- $410 / 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 $2,903 $303,333 $0 $0
2022 $2,679 $296,667 $0 $0
2021 $2,600 $290,000 $87,000 $203,000
2020 $2,488 $280,000 $0 $0
2019 $2,374 $270,000 $0 $0
2018 $2,935 $260,000 $78,000 $182,000
2017 $2,149 $250,000 $0 $0
2016 -- $240,000 $0 $0
2015 $2,212 $230,000 $0 $0
2014 $2,212 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Ma

    UnionPlus Realty, Inc.

    (301) 938-9268

    1 in this area

    21 Total Sales

    Lisa Ma
    Section Image
  • Ashish Khianey

    Buyer's Agent in 2020

    Ashish Khianey

    Vylla Home

    (301) 213-6101

    79 Total Sales

    Ashish Khianey
    Section Image
  • Keegan Dufresne

    Seller's Agent in 2017

    Keegan Dufresne

    RE/MAX

    (301) 807-1080

    78 Total Sales

    Keegan Dufresne
    Section Image
  • Jessica Evans

    Seller's Agent in 2015

    Jessica Evans

    Compass

    (301) 832-5105

    154 Total Sales

    Jessica Evans
    Section Image
  • Noël Sesay

    Buyer's Agent in 2015

    Noël Sesay

    Compass

    (202) 431-3119

    72 Total Sales

    Noël Sesay
    Section Image
See All Agents

About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: MDMC708446

Bright MLS

APN: 13-03539491

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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