NOT LISTED FOR SALE

Estimated Value: $321,000 - $414,000

2 Beds
1 Bath
1,020 Sq Ft
$818/mo HOA Fee

Last Sold October 04, 2021

Last sale price $350,000 $343 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,700/month

38 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Living Room
  • Hayes Elementary School Rated 9+
  • Contemporary Architecture
  • Entrance Foyer

About This Home

As of October 2021

Enjoy urban living in the heart of downtown Silver Spring in this sun-filled corner unit that conveys 2 assigned parking spaces. Enjoy a light filled living space with large windows and a balcony. The spacious kitchen boasts granite counters, SS appliances and loads of counter space with a built-in desk ready for you to work from home! You can appreciate many upgrades over the last few years in this unit. Since 2015 all the kitchen appliances have been replaced (fridge 2020 and stove 2021), new fixtures, and the current owners installed the hardwood floors & crown molding. Two large bedrooms, 1 full bath and an in-unit washer/dryer complete this condo. Freshly painted and ready for you to move in, this building is just .3 miles to the Silver Spring metro, restaurants, grocery, wine bars, and coffee shops. CVS/Giant right across the street and Whole Foods just a 5 minute drive. MICA is FHA and VA approved and is pet friendly with no additional fees. Condo fees, cover ALL utilities, a fitness center, pool, media center, community/party room, on site management/concierge, building engineer and 24/7 emergency services, landscaping, common area cleaning service, community garden, and regular community events. Welcome home!

Last Agent to Sell the Property

Kristina Walker

(703) 981-7802 kris@walkerteamrealtors.com KW United License #681488 Listed on: 07/17/2021

KW United

Last Buyer's Agent

Paula Heard

(703) 932-9152 paulaheardyou@kw.com KW Metro Center License #676720

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1968

Lot Details

  • 44

HOA Fees

  • $818 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,020 Sq Ft Home
  • Property has 1 Level
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Assigned parking located at #52, 62
  • Parking Lot
  • 2 Assigned Parking Spaces

Additional Features

  • Accessible Elevator Installed
  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161303552908

Community Details

Overview

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

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,506

Year Built

Built in 1968

Lot Details

0

HOA Fees

$818 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1968
  • Assigned Parking Space Numbers: 52, 62
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Foyer, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 1020
  • Living Area Sq Ft: 1020
  • Price Per Sq Ft: 357.84
  • Above Grade Finished Sq Ft: 1020
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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 - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 817.88
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Heat, Electricity, Gas, Parking Fee, Pool(s), Snow Removal, Trash, Health Club
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 227500.00
  • Land Assessed Value: 97500.00
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14105314
  • Tax Annual Amount: 3506.00
  • Assessor Parcel Number: 161303552908
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Sep 24, 2021
Sold by
Paluskiewicz James
Bought by
Turner Michael Lamonte
Seller's Agent
Kristina Walker
KW United
Buyer's Agent
Paula Heard
KW Metro Center
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$356,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,754
Avg. Annual Appreciation
0.46%
Original Mortgage
$355,000
Outstanding Balance
$323,024
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$33,730

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jan 15, 2015
Sold by
Schmidt Andrew A and Schmidt Frederick Pierce
Bought by
Paluskiewicz James
Seller's Agent
Eldad Moraru
Compass
Buyer's Agent
John Walker
KW United
List Price
$375,000
Sold Price
$342,000
Premium/Discount to List
-$33,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$282,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2007
Sold by
Schmidt and Schmidt Rew A
Bought by
Schmidt Andrew A

Purchase Details

Closed on
Dec 19, 2006
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Schmidt Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,880
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2006
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Schmidt Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,880
Interest Rate
6.31%
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
Turner Michael Lamonte $355,000 Universal Title
Paluskiewicz James $342,000 First American Title Ins Co
Schmidt Andrew A -- --
Schmidt Andrew A $392,350 --
Schmidt Andrew A $392,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Michael Lamonte $355,000
Previous Owner Paluskiewicz James $282,000
Previous Owner Schmidt Andrew A $313,880
Previous Owner Schmidt Andrew A $313,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2021 10/04/21 Sold $350,000 -4.1% $343 / Sq Ft
09/28/2021 09/28/21 Price Changed $365,000 0.0% $358 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/17/2021 07/17/21 Price Changed $365,000 -2.7% $358 / Sq Ft
07/17/2021 07/17/21 For Sale $375,000 +9.6% $368 / Sq Ft
01/15/2015 01/15/15 Sold $342,000 -2.3% $335 / Sq Ft View Prior Sale
12/16/2014 12/16/14 Pending -- -- --
10/15/2014 10/15/14 Price Changed $349,900 -6.7% $343 / Sq Ft
09/25/2014 09/25/14 For Sale $375,000 0.0% $368 / Sq Ft
05/31/2013 05/31/13 Rented $2,300 -4.0% --
05/31/2013 05/31/13 Under Contract -- -- --
05/11/2013 05/11/13 For Rent $2,395 -- --
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 $40 $300,000 $90,000 $210,000
2024 $40 $325,000 $97,500 $227,500
2023 $37 $325,000 $97,500 $227,500
2022 $36 $325,000 $97,500 $227,500
2021 $3,004 $325,000 $97,500 $227,500
2020 $5,821 $316,667 $0 $0
2019 $2,814 $308,333 $0 $0
2018 $2,726 $300,000 $90,000 $210,000
2017 $2,705 $293,333 $0 $0
2016 $2,840 $286,667 $0 $0
2015 $2,840 $280,000 $0 $0
2014 $2,840 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2006238

Bright MLS

APN: 13-03552908