NOT LISTED FOR SALE

Estimated Value: $235,441 - $313,000

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

Last Sold September 04, 2020

Last sale price $256,000 $312 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,339/month

2 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Hayes Elementary School Rated 9+
  • Traditional Architecture
  • Upgraded Countertops

About This Home

As of September 2020

Urban living at its best. Welcome to the MICA in the heart of downtown Silver Spring. Relax on your private balcony and lose track of time staring out at the spectacular view while sipping your morning coffee or unwinding at the end of a long day. This large and cheery one bedroom condo offers a galley kitchen with custom cabinets with under cabinet lighting, granite counters, stainless steel appliances with gas stove and breakfast bar. The open floor plan provides great flow for entertaining. Lots of windows stream tons of natural light. Gleaming hardwood floors. An abundance of closet space as well as a large walk-in closet in the bedroom. There is a washer and dryer in the unit. No need to stress over parking; one garage parking space #L46 included. All utilities included. The MICA is rich in amenities: outdoor pool, media room with pool table, fitness center and bike storage room. Pet-friendly building. Two blocks to Metro and Giant, restaurants, shopping and much more.

Last Agent to Sell the Property

Orysia Stanchak

(202) 423-5943 orysia@compass.com Compass License #635015 Listed on: 08/06/2020

Compass

Last Buyer's Agent

Linda Burton

(301) 335-7687 lindaburton1@yahoo.com United Real Estate Executives License #SP79573

United Real Estate Executives

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

  • Traditional Architecture
  • Entry on the 11th floor
  • Brick Exterior Construction

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Outdoor Features

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303553867

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, pool(s), sewer, snow removal, trash, water, reserve funds, insurance
  • High-Rise Condominium
  • Mica Codm @ Silv Condos, Phone Number (301) 588-8605
  • Mica Codm @ Silv Community
  • Mica Codm @ Silver Spring Subdivision
  • Property Manager

Amenities

  • Game Room
  • Billiard Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

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: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven - Self Cleaning, Oven/Range - Gas, Stainless Steel Appliances, Washer - Front Loading, Dryer - Front Loading
  • Entry Floor: 11
  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Elevator, Floor Plan - Open, Kitchen - Galley, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 310.98
  • Above Grade Finished Sq Ft: 820
  • 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
  • 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: Inside Access, 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 Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Intercom, Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 682.32
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: MICA CODM @ SILV
  • Condo Co-Op Phone: (301) 588-8605
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Party Room, Pool - Outdoor, Game Room, Billiard Room
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Pool(s), Sewer, Snow Removal, Trash, Water, Reserve Funds, Insurance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • 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
  • Outdoor Living Structures: Balcony
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14105410
  • Tax Annual Amount: 2623.00
  • Assessor Parcel Number: 161303553867
  • 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
Aug 6, 2020
Closed on
Sep 4, 2020
Sold by
Hanns William A and Hanns Kathleen E
Bought by
Gibson Francesca Ashley
Seller's Agent
Orysia Stanchak
Compass
Buyer's Agent
Linda Burton
United Real Estate Executives
List Price
$255,000
Sold Price
$256,000
Premium/Discount to List
$1,000
0.39%
Current Estimated Value
$267,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,610
Avg. Annual Appreciation
0.85%
Original Mortgage
$243,200
Outstanding Balance
$215,824
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$51,786

Purchase Details

Closed on
Jun 21, 2010
Sold by
Cordner Christine
Bought by
Hanns William A

Purchase Details

Closed on
Mar 24, 2008
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Cordner Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2008
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Cordner Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
5.76%
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
Gibson Francesca Ashley $256,000 Kvs Title Llc
Hanns William A $249,000 --
Cordner Christine $299,000 --
Cordner Christine $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Francesca Ashley $243,200
Previous Owner Cordner Christine $219,000
Previous Owner Cordner Christine $219,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $256,000 +0.4% $312 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $255,000 -- $311 / 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 $2,978 $240,000 $72,000 $168,000
2024 $2,978 $250,000 $75,000 $175,000
2023 $2,978 $250,000 $75,000 $175,000
2022 $2,855 $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: MDMC719912

Bright MLS

APN: 13-03553867