NOT LISTED FOR SALE

Estimated Value: $444,000 - $491,284

2 Beds
2 Baths
1,235 Sq Ft
$601/mo HOA Fee

Last Sold April 07, 2020

Last sale price $458,000 $371 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,487/month

23 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Wood Flooring
  • Sligo Creek Elementary School Rated A
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of April 2020

Come see this 2 bedroom, 2 bathroom condo in the heart of downtown Silver Spring! This spacious 1235 sqft unit features amazing updates that were completed in 2018, including new hardwood floors and paint throughout, new ceiling fans/lights in bedrooms and living room, new dishwasher and disposal, new HVAC, and new washer/dryer! The well-appointed kitchen has a large island, upgraded countertops, stainless steel appliances, and ample cabinetry. Convenient table space and office nook right off the kitchen. You will love the abundance of natural light that the living room brings. The master bedroom boasts an en-suite master bath and a huge walk-in closet. The second bedroom offers lots of space and has its own full bath. Being on the top floor of the condominium, you have a lovely view of the courtyard below. Great condo amenities include a community center, fitness center, and swimming pool! This home is in an excellent location - right in downtown Silver Spring, 1.5 blocks from the Silver Spring Metro Station, across the street from Bump & Grind Cafe, 1.5 blocks from Giant Foods. This apartment comes with two parking spaces, and there is additional street and garage parking nearby. Schedule a showing today - you don't want to miss this incredible opportunity!

Last Agent to Sell the Property

Simon Timm

(646) 639-5563 simon.timm@cbrealty.com Coldwell Banker Realty License #678994 Listed on: 02/13/2020

Coldwell Banker Realty

Last Buyer's Agent

Brantley Sanderson

(202) 819-4566 brantley.sanderson@compass.com Compass License #0225257117

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 2006

Lot Details

  • Landscaped
  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $601 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secure Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,235 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments
  • Exterior Cameras

Kitchen

  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303539981

Community Details

Overview

  • Association fees include all ground fee, exterior building maintenance, pool(s), sewer, trash, water, snow removal
  • High-Rise Condominium
  • Legum And Norman Condos, Phone Number (301) 565-8370
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Community Center

Recreation

Security

  • Front Desk in Lobby
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,398

Year Built

Built in 2006

Lot Details

0

HOA Fees

$601 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-02-14
  • Year Built: 2006
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dryer, Washer, Cooktop, Stove, Dishwasher, Refrigerator
  • Entry Floor: 4
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Kitchen - Island, Kitchen - Table Space
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1235
  • Living Area Sq Ft: 1235
  • Price Per Sq Ft: 376.52
  • Above Grade Finished Sq Ft: 1235
  • 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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Street Lights
  • 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
  • Parking Features: Secure Parking
  • Garage Features: Covered Parking
  • 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: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Desk In Lobby, Exterior Cameras, Fire Detection System, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 601.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Legum and Norman
  • Condo Co-Op Phone: (301) 565-8370
  • HOA Condo Co-Op Amenities: Community Center, Fitness Center, Gated Community
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Ext Bldg Maint, Pool(s), Sewer, Trash, Water, Snow Removal
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 297500.00
  • Land Assessed Value: 127500.00
  • Lot Features: Landscaping
  • Outdoor Living Structures: Brick
  • Property Condition: Very Good
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101536
  • Tax Annual Amount: 4398.00
  • Assessor Parcel Number: 161303539981
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Apr 7, 2020
Sold by
Duke Susan P
Bought by
Cloherty Mark and Lamassa Stephanie
Seller's Agent
Simon Timm
Coldwell Banker Realty
Buyer's Agent
Brantley Sanderson
Compass
List Price
$465,000
Sold Price
$458,000
Premium/Discount to List
-$7,000
-1.51%
Current Estimated Value
$464,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,071
Avg. Annual Appreciation
0.23%
Original Mortgage
$412,200
Outstanding Balance
$365,159
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$98,912

Purchase Details

Listed on
Nov 8, 2017
Closed on
Feb 28, 2018
Sold by
Fannie Mae
Bought by
Duke Susan and Duke Susan P
Seller's Agent
Rose Ogbonna
Citiwide Realtors Inc.
Buyer's Agent
Sharron Cochran
Long & Foster Real Estate, Inc.
List Price
$439,900
Sold Price
$391,000
Premium/Discount to List
-$48,900
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Ouambo Serge M and Tameghe Rolande J
Bought by
Federal Naitonal Mortgage Assocition and Fannie Mae

Purchase Details

Closed on
Oct 9, 2007
Sold by
Silver Spring Square Llc
Bought by
Ouambo Serge M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,900
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2007
Sold by
Silver Spring Square Llc
Bought by
Ouambo Serge M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,900
Interest Rate
6.59%
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
Cloherty Mark $458,000 Kvs Title Llc
Duke Susan $391,000 Tradition Title Llc
Federal Naitonal Mortgage Assocition $330,000 None Available
Ouambo Serge M $399,900 --
Ouambo Serge M $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloherty Mark $412,200
Previous Owner Ouambo Serge M $399,900
Previous Owner Ouambo Serge M $399,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2020 04/07/20 Sold $458,000 -1.5% $371 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $465,000 +18.9% $377 / Sq Ft
02/28/2018 02/28/18 Sold $391,000 -4.1% $317 / Sq Ft View Prior Sale
02/12/2018 02/12/18 Pending -- -- --
01/15/2018 01/15/18 Price Changed $407,900 -2.9% $330 / Sq Ft
12/12/2017 12/12/17 Price Changed $419,900 -4.5% $340 / Sq Ft
11/08/2017 11/08/17 For Sale $439,900 0.0% $356 / Sq Ft
11/03/2014 11/03/14 Rented $2,170 -5.7% --
10/31/2014 10/31/14 Under Contract -- -- --
09/20/2014 09/20/14 For Rent $2,300 +9.5% --
04/15/2012 04/15/12 Rented $2,100 -8.7% --
04/15/2012 04/15/12 Under Contract -- -- --
03/10/2012 03/10/12 For Rent $2,300 -- --
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 $5,321 $453,333 -- --
2024 $5,321 $450,000 $135,000 $315,000
2023 $4,530 $441,667 $0 $0
2022 $4,220 $433,333 $0 $0
2021 $8,242 $425,000 $127,500 $297,500
2020 $7,414 $406,667 $0 $0
2019 $3,707 $388,333 $0 $0
2018 $4,176 $370,000 $111,000 $259,000
2017 $4,054 $356,667 $0 $0
2016 -- $343,333 $0 $0
2015 $3,465 $330,000 $0 $0
2014 $3,465 $330,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC695060

Bright MLS

APN: 13-03539981