NOT LISTED FOR SALE

Estimated Value: $237,652 - $314,000

1 Bed
1 Bath
860 Sq Ft
$682/mo HOA Fee

Last Sold August 31, 2020

Last sale price $255,000 $297 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,342/month

9 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Assigned Subterranean Space
  • Hayes Elementary School Rated 9+
  • Game Room
  • Security Service

About This Home

As of August 2020

Walkers paradise Walk Score 94! ALL UTILITIES INCLUDED condo w/ GARAGE PARKING, within walking distance to everything Downtown Silver Spring has to offer. 9-minute walk to Red Line Metro, steps to endless nightlife and dining options, coffee shops, grocery stores including Whole Foods, and a quick ride down Georgia Ave into the city. 10th-floor CORNER UNIT with new flooring, fresh paint, granite countertops, new backsplash, new microwave, and new dishwasher. The unit also has a private balcony and an IN-UNIT washer/dryer. Building amenities include a pool, fitness center, and a game/media room Pet-Friendly FHA approved.

Last Agent to Sell the Property

Aret Koseian

(240) 533-6990 aret.koseian@gmail.com Artifact Homes License #0225219647 Listed on: 07/27/2020

Co-Listed By

Ara Arabian

(301) 651-4323 arasellsdc@gmail.com Engel & Völkers Washington, DC License #663749

Last Buyer's Agent

Aret Koseian

(240) 533-6990 aret.koseian@gmail.com Artifact Homes License #0225219647 Listed on: 07/27/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1968

Lot Details

  • 44

HOA Fees

  • $682 Monthly HOA Fees

Parking

  • Assigned Subterranean Space

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 860 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 161303553823

Community Details

Overview

  • Association fees include electricity, gas, heat, parking fee, pool(s), reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Mica Codm @ Silv Community
  • Mica Codm @ Silver Spring Subdivision

Amenities

  • Game Room
  • Party Room

Recreation

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,623

Year Built

Built in 1968

Lot Details

0

HOA Fees

$682 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-07-27
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 860
  • Living Area Sq Ft: 860
  • Price Per Sq Ft: 294.19
  • Above Grade Finished Sq Ft: 860
  • 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
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: 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: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 682.32
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Game Room, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Electricity, Gas, Heat, Parking Fee, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 175000.00
  • Land Assessed Value: 75000.00
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14105406
  • Tax Annual Amount: 2623.00
  • Assessor Parcel Number: 161303553823
  • County Tax Payment Frequency: Annually
  • 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 27, 2020
Closed on
Aug 31, 2020
Sold by
Hiller Justin L and Hiller Jessica M
Bought by
Parrott Travis Cameron and Parrott David
Seller's Agent
Aret Koseian
Artifact Homes
Buyer's Agent
Aret Koseian
Artifact Homes
List Price
$253,000
Sold Price
$255,000
Premium/Discount to List
$2,000
0.79%
Current Estimated Value
$268,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,163
Avg. Annual Appreciation
0.96%
Original Mortgage
$229,567
Outstanding Balance
$203,726
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$64,437

Purchase Details

Listed on
Jun 21, 2015
Closed on
Feb 29, 2016
Sold by
Wilmot Theresa M and Wilmot Danielle
Bought by
Hiller Justin L and Hiller Jessica M
Seller's Agent
Lee Otten
Realty Advantage
Buyer's Agent
Aret Koseian
Artifact Homes
List Price
$262,500
Sold Price
$262,000
Premium/Discount to List
-$500
-0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$257,254
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2008
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Morey Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,900
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2008
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Morey Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,900
Interest Rate
5.8%
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
Parrott Travis Cameron $253,000 Pinnacle T&E Inc
Hiller Justin L $262,000 Pinnacle Title & Escrow Inc
Morey Maria $287,400 --
Morey Maria $287,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrott Travis Cameron $229,567
Previous Owner Hiller Justin L $257,254
Previous Owner Morey Maria $229,900
Previous Owner Morey Maria $229,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $255,000 +0.8% $297 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $253,000 0.0% $294 / Sq Ft
07/26/2020 07/26/20 Price Changed $253,000 -3.4% $294 / Sq Ft
02/29/2016 02/29/16 Sold $262,000 -0.2% $296 / Sq Ft View Prior Sale
02/05/2016 02/05/16 Pending -- -- --
01/10/2016 01/10/16 Price Changed $262,500 0.0% $297 / Sq Ft
01/10/2016 01/10/16 For Sale $262,500 +0.8% $297 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
10/16/2015 10/16/15 Price Changed $260,500 -0.8% $294 / Sq Ft
10/03/2015 10/03/15 Price Changed $262,500 +0.2% $297 / Sq Ft
10/03/2015 10/03/15 Price Changed $262,000 0.0% $296 / Sq Ft
10/03/2015 10/03/15 For Sale $262,000 0.0% $296 / Sq Ft
09/19/2015 09/19/15 Off Market $262,000 -- --
06/21/2015 06/21/15 For Sale $264,500 0.0% $299 / Sq Ft
06/18/2014 06/18/14 Rented $1,650 -5.7% --
06/18/2014 06/18/14 Under Contract -- -- --
05/02/2014 05/02/14 For Rent $1,750 -- --
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 $2,978 $240,000 $72,000 $168,000
2024 $2,978 $250,000 $75,000 $175,000
2023 $3,670 $250,000 $75,000 $175,000
2022 $2,163 $250,000 $75,000 $175,000
2021 $2,159 $250,000 $75,000 $175,000
2020 $4,092 $240,000 $0 $0
2019 $1,932 $230,000 $0 $0
2018 $1,823 $220,000 $66,000 $154,000
2017 $1,922 $220,000 $0 $0
2016 $2,088 $220,000 $0 $0
2015 $2,088 $220,000 $0 $0
2014 $2,088 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC718108

Bright MLS

APN: 13-03553823