NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $315,000 - $464,000

1 Bed
1 Bath
824 Sq Ft
$282/mo HOA Fee

Last Sold April 15, 2013

Last sale price $270,000 $328 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,472/month

7 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Sligo Creek Elementary School Rated A
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of April 2013

Super convenient location in the heart of Downtown Silver Spring. 1 bedroom Condo steps to the Metro. Granite, stainless appliances, bamboo floors, tile backsplash. Washer/Dryer in unit. Private balcony overlooking the pool. Well managed & very social building. Garage parking space. Gym, tot lot and kid playroom. Community room. Close to grocery, restaurants, DC, Bethesda, 495, Rock Creek Park.

Last Agent to Sell the Property

Rhonda Mortensen

(301) 326-6401 rhonda.mortensen@compass.com Compass Listed on: 02/14/2013

Compass

Last Buyer's Agent

Barbara Ciment

(301) 346-9126 barbara@ciment.com Perennial Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 2006

Lot Details

  • Property is in very good condition

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 824 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Insulated Windows
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Exterior Cameras

Parking

  • Parking Space Number Location: P-38
  • Side Facing Garage
  • Garage Door Opener
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303538292

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, exterior building maintenance, management, insurance, sewer, trash, water
  • 75 Units
  • Low-Rise Condominium
  • Silverton Community
  • Silverton Codm Subdivision
  • The community has rules related to moving in times

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Additional Features

  • Meeting Room
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,175

Year Built

Built in 2006

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, Elevator
  • Ownership: Condominium
  • 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: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Window Features: Insulated
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 824
  • Living Area Sq Ft: 824
  • Price Per Sq Ft: 327.67
  • Above Grade Finished Sq Ft: 824
  • 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: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Garage
  • Parking Space Number Assigned: P-38
  • Garage Features: Garage Door Opener, Garage - Side Entry

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: Exterior Cameras, Intercom, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 282.03
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Meeting Room, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Sewer, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 168000.00
  • Land Assessed Value: 75000.00
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101372
  • Tax Annual Amount: 3175.08
  • Assessor Parcel Number: 161303538292
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Metering: Electric Separate, Gas Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2013
Closed on
Apr 15, 2013
Sold by
Scarcy Talisha M
Bought by
Josephson Aaron L
Seller's Agent
Rhonda Mortensen
Compass
Buyer's Agent
Barbara Ciment
Perennial Real Estate
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$357,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,883
Avg. Annual Appreciation
2.25%
Original Mortgage
$216,000
Outstanding Balance
$153,635
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$204,248

Purchase Details

Closed on
Aug 13, 2010
Sold by
Senn Eric W
Bought by
Searcy Talisha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,750
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2007
Sold by
Silver Spring Square Llc
Bought by
Senn Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2007
Sold by
Silver Spring Square Llc
Bought by
Senn Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
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
Josephson Aaron L $270,000 Certified Title Corp
Searcy Talisha M $235,750 --
Senn Eric W $300,000 --
Senn Eric W $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Josephson Aaron L $216,000
Previous Owner Searcy Talisha M $235,750
Previous Owner Senn Eric W $300,000
Previous Owner Senn Eric W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2013 04/15/13 Sold $270,000 0.0% $328 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $270,000 -- $328 / 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 $2,942 $306,667 $0 $0
2022 $2,445 $303,333 $0 $0
2021 $1,702 $300,000 $90,000 $210,000
2020 $5,202 $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 $2,375 $250,000 $0 $0
2015 $2,375 $240,000 $0 $0
2014 $2,375 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Mortensen

    Seller's Agent in 2013

    Rhonda Mortensen

    Compass

    (301) 326-6401

    2 in this area

    92 Total Sales

    Rhonda Mortensen
    Section Image
  • Barbara Ciment

    Buyer's Agent in 2013

    Barbara Ciment

    Perennial Real Estate

    (301) 346-9126

    108 Total Sales

    Barbara Ciment
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: 1003350758

Bright MLS

APN: 13-03538292

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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