NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $346,000 - $487,000

1 Bed
1 Bath
873 Sq Ft
$362/mo HOA Fee

Last Sold October 10, 2012

Last sale price $257,000 $294 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,772/month

6 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of October 2012

BUILD INSTANT EQUITY W/ THIS BEAUTIFUL VIRTUALLY BRAND NEW CONDO. PRICED ALMOST $150,000 BELOW INITIAL COST NOT INCLUDING IMPROVEMENTS MADE. LOFT, VAULTED & NINE FOOT CEILINGS, STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, 42" CABINETS, HARDWOOD FLOORING, CUSTOM PAINT & WINDOW TREATMENTS. THIS PROPERTY COMES W/ A FEW UNIQUE FEATURES: A RARE SECURE STORAGE UNIT & TWO RESERVED PARKING SPOTS!

Last Agent to Sell the Property

Eric Pakulla

(410) 423-5203 eric@ericpakulla.com Red Cedar Real Estate, LLC License #510035 Listed on: 01/12/2012

Last Buyer's Agent

Yinghua Deng

(240) 543-6163 yinghuadengbmi@gmail.com BMI REALTORS INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 2006

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 873 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Loft
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Level Entry For Accessibility

Utilities

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

Additional Features

  • Private Pool
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303539627

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, insurance, parking fee, pool(s), reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Silverton Community
  • Silverton Codm Subdivision

Amenities

  • Common Area
  • Community Center
  • Community Storage Space

Recreation

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,442

Year Built

Built in 2006

Lot Details

0

HOA Fees

$362 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: 48"+ Halls, Elevator, Level Entry - Main
  • 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: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Energy Star Qualified
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Loft, Storage Room, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 873
  • Living Area Sq Ft: 873
  • Price Per Sq Ft: 286.37
  • Above Grade Finished Sq Ft: 873
  • 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
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • 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: Covered Parking
  • 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: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 361.56
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Extra Storage, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Parking Fee, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 84000.00
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101500
  • Tax Annual Amount: 3442.48
  • Assessor Parcel Number: 161303539627
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2012
Closed on
Oct 9, 2012
Sold by
Noel Carolyn J and Anderson Tina M
Bought by
Wang Ting
Seller's Agent
Eric Pakulla
Red Cedar Real Estate, LLC
Buyer's Agent
Yinghua Deng
BMI REALTORS INC.
List Price
$250,000
Sold Price
$257,000
Premium/Discount to List
$7,000
2.8%
Current Estimated Value
$388,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,436
Avg. Annual Appreciation
3.19%
Original Mortgage
$205,600
Outstanding Balance
$142,706
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$245,730

Purchase Details

Closed on
Jul 2, 2007
Sold by
Silver Spring Square Llc
Bought by
Noel Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,438
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2007
Sold by
Silver Spring Square Llc
Bought by
Noel Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,438
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Wang Ting $257,000 None Available
Noel Carolyn J $393,438 --
Noel Carolyn J $393,438 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Ting $205,600
Previous Owner Noel Carolyn J $393,438
Previous Owner Noel Carolyn J $393,438
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2012 10/10/12 Sold $257,000 +2.8% $294 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $250,000 -- $286 / 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 $4,380 $370,000 $111,000 $259,000
2024 $4,380 $370,000 $111,000 $259,000
2023 $3,608 $363,333 $0 $0
2022 $2,875 $356,667 $0 $0
2021 $3,276 $350,000 $105,000 $245,000
2020 $6,254 $336,667 $0 $0
2019 $2,974 $323,333 $0 $0
2018 $120 $310,000 $93,000 $217,000
2017 $2,658 $296,667 $0 $0
2016 $2,750 $283,333 $0 $0
2015 $2,750 $270,000 $0 $0
2014 $2,750 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Pakulla

    Seller's Agent in 2012

    Eric Pakulla

    Red Cedar Real Estate, LLC

    (410) 423-5203

    253 Total Sales

    Eric Pakulla
    Section Image
  • Yinghua Deng

    Buyer's Agent in 2012

    Yinghua Deng

    BMI REALTORS INC.

    (240) 543-6163

    1 in this area

    34 Total Sales

    Yinghua Deng
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: 1003815984

Bright MLS

APN: 13-03539627

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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