NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $309,000 - $327,000

1 Bed
1 Bath
779 Sq Ft
$319/mo HOA Fee

Last Sold February 24, 2016

Last sale price $285,000 $366 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,297/month

76 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Sligo Creek Elementary School Rated A
  • Private Pool
  • Traditional Architecture

About This Home

As of February 2016

New price! Spacious, move in ready, 1 bedroom condo at the Silverton! Granite/stainless kitchen | open concept | balcony with courtyard view | huge walk-in closet | pet friendly | garage parking included | well managed building with low fees | 2 blocks to metro - This one has it all (and for less than $300k!). Come see what makes the Silverton one of the best values in the DC area!

Last Agent to Sell the Property

Jessica Evans

(301) 832-5105 team@lovelivedc.com Compass License #633158 Listed on: 10/09/2015

Compass

Co-Listed By

Erica Collins

eacollins1@gmail.com RLAH @properties License #MRIS:3089594

Last Buyer's Agent

Mynor Herrera

(301) 437-1622 inquiries@mynorandassociates.com Keller Williams Capital Properties License #611201

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,148

Year Built

  • Built in 2006

HOA Fees

  • $319 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 779 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Combination Kitchen and Living

Kitchen

  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 106
  • Parking Space Conveys

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Fiber Optics Available

Additional Features

  • Accessible Elevator Installed
  • Private Pool

Listing and Financial Details

  • Assessor Parcel Number 161303539194

Community Details

Overview

  • Moving Fees Required
  • Association fees include water, sewer, snow removal, reserve funds, insurance
  • Low-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Common Area

Recreation

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,148

Year Built

Built in 2006

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Living, Upgraded Countertops, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 779
  • Living Area Sq Ft: 779
  • Price Per Sq Ft: 372.27
  • Above Grade Finished Sq Ft: 779
  • 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
  • Construction Materials: Brick
  • Pool Private: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Parking Space Number Assigned: 106

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 319.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Snow Removal, Reserve Funds, Insurance
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Pets - Size Restrict
  • HOA: No
  • Senior Community: No

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 168000.00
  • Land Assessed Value: 72000.00
  • Property Attached Yn: Yes
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101457
  • Tax Annual Amount: 3147.79
  • Assessor Parcel Number: 161303539194
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
Feb 24, 2016
Sold by
Meadows Nerissa L and Lytle Nerissa L
Bought by
Otten Eric
Seller's Agent
Jessica Evans
Compass
Buyer's Agent
Mynor Herrera
Keller Williams Capital Properties
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$317,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,578
Avg. Annual Appreciation
1.11%
Original Mortgage
$256,500
Outstanding Balance
$203,958
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$113,620

Purchase Details

Closed on
May 25, 2006
Sold by
Silver Spring Square Llc
Bought by
Lytle Nerissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,135
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 17, 2006
Sold by
Silver Spring Square Llc
Bought by
Lytle Nerissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,135
Interest Rate
6.55%
Mortgage Type
Stand Alone Second
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
Otten Eric $285,000 Kvs Title Llc
Lytle Nerissa L $320,900 --
Lytle Nerissa L $320,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otten Eric $256,500
Previous Owner Lytle Nerissa L $48,135
Previous Owner Lytle Nerissa L $48,135
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2016 02/24/16 Sold $285,000 -1.7% $366 / Sq Ft
12/24/2015 12/24/15 Pending -- -- --
11/02/2015 11/02/15 Price Changed $290,000 -1.7% $372 / Sq Ft
10/09/2015 10/09/15 For Sale $295,000 -- $379 / 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 $311,667 -- --
2024 $3,675 $310,000 $93,000 $217,000
2023 $4,326 $306,667 $0 $0
2022 $2,445 $303,333 $0 $0
2021 $2,713 $300,000 $90,000 $210,000
2020 $2,601 $290,000 $0 $0
2019 $2,486 $280,000 $0 $0
2018 $2,379 $270,000 $81,000 $189,000
2017 $2,266 $260,000 $0 $0
2016 -- $250,000 $0 $0
2015 $2,337 $240,000 $0 $0
2014 $2,337 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Evans

    Seller's Agent in 2016

    Jessica Evans

    Compass

    (301) 832-5105

    158 Total Sales

    Jessica Evans
    Section Image

  • E

    Seller Co-Listing Agent in 2016

    Erica Collins

    Real Living at Home

    Section Image
  • Mynor Herrera

    Buyer's Agent in 2016

    Mynor Herrera

    Keller Williams Capital Properties

    (301) 437-1622

    1 in this area

    235 Total Sales

    Mynor Herrera
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: 1002380595

Bright MLS

APN: 13-03539194

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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