NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $418,000 - $473,199

2 Beds
2 Baths
1,136 Sq Ft
$422/mo HOA Fee

Last Sold June 27, 2013

Last sale price $410,000 $361 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,270/month

7 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of June 2013

Walk to metro and enjoy city living in this spacious and luxury. Unit shows as a model. Balcony, custom closets w, warm hardwd floors,granite counters, maple cabinets, full size washer/dryer in unit. Bldg offers swimming pool , fitness rm, resident lounge, & more. Located in the middle of Downtown Silver Spring with shops, restaurants, grocery, metro, and art. 2 parking spaces conve

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 05/24/2013

Compass

Last Buyer's Agent

Dana Hill

(202) 625-4834 dana@hollish.com Coldwell Banker Realty - Washington License #BR98367897

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,044

Year Built

  • Built in 2006

Lot Details

  • Property is in very good condition

HOA Fees

  • $422 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,136 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

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility
  • Ramp on the main level

Outdoor Features

  • Playground

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303538840

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
  • Silverton Codm Subdivision
  • The community has rules related to covenants, moving in times

Amenities

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

Recreation

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,044

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
  • Accessibility Features: Elevator, Level Entry - Main, Ramp - Main Level
  • Ownership: Condominium
  • 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 Assessment Payment: Annually
  • 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, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1136
  • Living Area Sq Ft: 1136
  • Price Per Sq Ft: 356.51
  • Above Grade Finished Sq Ft: 1136
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Garage, Parking Space Conveys
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • 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: 421.63
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 217000.00
  • Land Assessed Value: 93000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101422
  • Tax Annual Amount: 4044.07
  • Assessor Parcel Number: 161303538840
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Jun 27, 2013
Sold by
Seleznow Eric M
Bought by
Lepore Robert A
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Dana Hill
Coldwell Banker Realty - Washington
List Price
$405,000
Sold Price
$410,000
Premium/Discount to List
$5,000
1.23%
Current Estimated Value
$458,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,550
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Seleznow Eric M
Bought by
Seleznow Eric M and Eric M Seleznow Trust

Purchase Details

Closed on
Dec 19, 2006
Sold by
Silver Spring Square Llc
Bought by
Seleznow Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,980
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 22, 2006
Sold by
Silver Spring Square Llc
Bought by
Seleznow Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,980
Interest Rate
6.4%
Mortgage Type
Stand Alone Second
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
Lepore Robert A $410,000 Chicago Title Insurance Co
Seleznow Eric M -- None Available
Seleznow Eric M $439,900 --
Seleznow Eric M $439,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seleznow Eric M $87,980
Previous Owner Seleznow Eric M $351,920
Previous Owner Seleznow Eric M $351,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2013 06/27/13 Sold $410,000 +1.2% $361 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $405,000 -- $357 / 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 $5,203 $445,000 -- --
2024 $5,203 $440,000 $132,000 $308,000
2023 $5,124 $433,333 $0 $0
2022 $3,439 $426,667 $0 $0
2021 $4,065 $420,000 $126,000 $294,000
2020 $3,841 $400,000 $0 $0
2019 $3,613 $380,000 $0 $0
2018 $120 $360,000 $108,000 $252,000
2017 $3,167 $343,333 $0 $0
2016 -- $326,667 $0 $0
2015 $3,214 $310,000 $0 $0
2014 $3,214 $310,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carmen Fontecilla

    Seller's Agent in 2013

    Carmen Fontecilla

    Compass

    (301) 908-6672

    71 in this area

    284 Total Sales

    Carmen Fontecilla
    Section Image
  • Dana Hill

    Buyer's Agent in 2013

    Dana Hill

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 625-4834

    19 Total Sales

    Dana Hill
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: 1003527936

Bright MLS

APN: 13-03538840

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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