NOT LISTED FOR SALE

Silverton Condominiums 1201 E West Hwy Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $308,000 - $431,000

1 Bed
1 Bath
776 Sq Ft
$412/mo HOA Fee

Last Sold October 18, 2019

Last sale price $316,500 $408 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,537/month

53 Days on Market

Highlights

  • Concierge
  • Gourmet Kitchen
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of October 2019

Beautiful Condo in Downtown Silver Spring. Featuring, one spacious bedroom with newly tiled bathroom. Gourmet kitchen with stainless Steel appliances and Breakfast bar. Private in-unit laundry room! Conveniently located 2 blocks from the Silver Spring Metro....Enjoy the benefits of The Silverton Condominium, pet-friendly building with a dog run. Residents have access to Fitness center, outdoor pool, party room and more. This unit comes with 2 covered garage parking spaces and 2 storage units! Metro, restaurants, grocery, entertainment & shops just steps away!

Last Agent to Sell the Property

Susana Zhuo

(240) 855-1064 susanazhuo.re@gmail.com Taylor Properties License #656720 Listed on: 07/10/2019

Taylor Properties

Last Buyer's Agent

Andrea Paro

(240) 753-8197 andrea@robcartergroup.com TTR Sotheby's International Realty License #SP98369462

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 2006

Lot Details

  • Parking #232 Tax ID 161303542432, Parking #20 Tax ID 161303540318
  • Property is in very good condition

HOA Fees

  • $412 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture

Interior Spaces

  • 776 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Stove
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Sligo Creek Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303538246

Community Details

Overview

  • Association fees include pool(s), trash, water, snow removal, management, exterior building maintenance, custodial services maintenance, common area maintenance
  • Low-Rise Condominium
  • The Silverton Condos
  • Silverton Codm Community
  • Silverton Codm Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Elevator

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,178

Year Built

Built in 2006

Lot Details

0

HOA Fees

$412 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
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Laundry, Bathroom 1
  • Basement: No
  • Total Sq Ft: 776
  • Living Area Sq Ft: 776
  • Price Per Sq Ft: 394.33
  • Above Grade Finished Sq Ft: 776
  • 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
  • Spa: No
  • 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 - Front Entry, Garage Door Opener, Inside Access
  • 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: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 412.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Silverton
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Pool - Outdoor, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Trash, Water, Snow Removal, Management, Ext Bldg Maint, Custodial Services Maintenance, Common Area Maintenance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SLIGO CREEK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Additional Parcels Description: Parking #232 Tax ID 161303542432, Parking #20 Tax ID 161303540318
  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Property Condition: Very Good
  • Zoning: CBD2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14101366
  • Tax Annual Amount: 3178.00
  • Assessor Parcel Number: 161303538246
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Sep 27, 2019
Sold by
Grimm Elisabeth
Bought by
Lowe James F
Seller's Agent
Susana Zhuo
Taylor Properties
Buyer's Agent
Andrea Paro
TTR Sotheby's International Realty
List Price
$310,000
Sold Price
$316,500
Premium/Discount to List
$6,500
2.1%
Current Estimated Value
$345,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,914
Avg. Annual Appreciation
1.44%
Original Mortgage
$310,766
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 4, 2015
Sold by
Gordon Matthew
Bought by
Grimm Elisabeth
Seller's Agent
Andrew Eisel
Century 21 Redwood Realty
Buyer's Agent
Meg Percesepe
Washington Fine Properties, LLC
List Price
$289,000
Sold Price
$294,000
Premium/Discount to List
$5,000
1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$220,500
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 26, 2013
Closed on
Nov 15, 2013
Sold by
Pennymac Corp
Bought by
Gordon Matthew
Seller's Agent
Benjamin Puchalski
Compass
Buyer's Agent
Casey Aboulafia
Compass
List Price
$304,900
Sold Price
$300,000
Premium/Discount to List
-$4,900
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.17%
Original Mortgage
$240,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2013
Sold by
Nielson Judy
Bought by
Pennymac Corp

Purchase Details

Closed on
Dec 28, 2006
Sold by
Silver Spring Square Llc
Bought by
Nielson Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,920
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2006
Sold by
Silver Spring Square Llc
Bought by
Nielson Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,920
Interest Rate
6.29%
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
Lowe James F $316,500 Certified Title Corporation
Grimm Elisabeth $294,000 Fidelity Natl Title Ins Co
Gordon Matthew $300,000 Chicago Title Insurance
Pennymac Corp $222,958 None Available
Nielson Judy $332,800 --
Nielson Judy $332,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowe James F $310,766
Previous Owner Grimm Elisabeth $220,500
Previous Owner Gordon Matthew $240,000
Previous Owner Nielson Judy $49,920
Previous Owner Nielson Judy $266,240
Previous Owner Nielson Judy $266,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2019 10/18/19 Sold $316,500 +3.4% $408 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $306,000 -0.6% $394 / Sq Ft
08/11/2019 08/11/19 Price Changed $308,000 -0.6% $397 / Sq Ft
07/10/2019 07/10/19 For Sale $310,000 +5.4% $399 / Sq Ft
08/04/2015 08/04/15 Sold $294,000 +1.7% $379 / Sq Ft View Prior Sale
07/03/2015 07/03/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $289,000 -3.7% $372 / Sq Ft
11/15/2013 11/15/13 Sold $300,000 -1.6% $387 / Sq Ft View Prior Sale
10/13/2013 10/13/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $304,900 -- $393 / 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 $3,634 $306,667 $0 $0
2022 $3,446 $303,333 $0 $0
2021 $2,713 $300,000 $90,000 $210,000
2020 $5,202 $290,000 $0 $0
2019 $2,486 $280,000 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $2,266 $260,000 $0 $0
2016 $3,029 $250,000 $0 $0
2015 $3,029 $240,000 $0 $0
2014 $3,029 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susana Zhuo

    Seller's Agent in 2019

    Susana Zhuo

    Taylor Properties

    (240) 855-1064

    24 Total Sales

    Susana Zhuo
    Section Image
  • Andrea Paro

    Buyer's Agent in 2019

    Andrea Paro

    TTR Sotheby's International Realty

    (240) 753-8197

    70 Total Sales

    Andrea Paro
    Section Image
  • Andrew Eisel

    Seller's Agent in 2015

    Andrew Eisel

    Century 21 Redwood Realty

    (301) 437-9943

    9 Total Sales

    Andrew Eisel
    Section Image
  • Meg Percesepe

    Buyer's Agent in 2015

    Meg Percesepe

    Washington Fine Properties

    (240) 441-8434

    126 Total Sales

    Meg Percesepe
    Section Image
  • Benjamin Puchalski

    Seller's Agent in 2013

    Benjamin Puchalski

    Compass

    (202) 449-8525

    71 Total Sales

    Benjamin Puchalski
    Section Image
  • Casey Aboulafia

    Buyer's Agent in 2013

    Casey Aboulafia

    Compass

    (202) 780-5885

    254 Total Sales

    Casey Aboulafia
    Section Image
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About Silverton Condominiums

Map

Source: Bright MLS

MLS Number: MDMC668350

Bright MLS

APN: 13-03538246

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1201 E West Hwy, Silver Spring, MD

Not Listed for Sale

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