NOT LISTED FOR SALE

Mica Condominiums 1220 Blair Mill Rd Unit 506 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $236,186 - $314,000

1 Bed
1 Bath
860 Sq Ft
$548/mo HOA Fee

Last Sold June 27, 2016

Last sale price $220,000 $256 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,195/month

90 Days on Market

Highlights

  • Contemporary Architecture
  • Open Floorplan
  • Upgraded Countertops
  • Hayes Elementary School Rated 9+
  • Wood Flooring
  • Community Pool

About This Home

As of June 2016

Enjoy your amazing view of Silver Spring on private balcony of high level unit. Only 2-3 blocks to Silver Spring metro & minutes to Giant, Whole Foods & other great restaurants. Less than 1 mile to DC line. Large open unit w/updated kitchen w/granite, stainless steel, nice cabinets & large customized walk-in closet in MBR. 1 assigned parking space outside. All utilities covered in condo fee.

Last Agent to Sell the Property

Nikki Cooper

(240) 793-5563 nikki@thecoopersgroup.com Compass Listed on: 01/05/2016

Compass

Last Buyer's Agent

Jane Shue

(301) 213-3051 janeshue@gmail.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $548 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303553253

Community Details

Overview

  • Association fees include air conditioning, heat, insurance, pool(s), snow removal, water
  • High-Rise Condominium
  • Mica Codm @ Silv Community
  • Mica Codm @ Silver Spring Subdivision
  • The community has rules related to parking rules

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,527

Year Built

Built in 2006

Lot Details

0

HOA Fees

$548 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: 2006
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Microwave, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • 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
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Covered Parking

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 547.77
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Heat, Insurance, Pool(s), Snow Removal, Water
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 154000.00
  • Land Assessed Value: 66000.00
  • Property Attached Yn: Yes
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105349
  • Tax Annual Amount: 2527.14
  • Assessor Parcel Number: 161303553253
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jun 27, 2016
Sold by
Cunningham Stacey D
Bought by
Cai Hong and Zhu Bin
Seller's Agent
Nikki Cooper
Compass
Buyer's Agent
Jane Shue
Samson Properties
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
Current Estimated Value
$265,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,797
Avg. Annual Appreciation
2.03%
Original Mortgage
$176,000
Outstanding Balance
$77,949
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$187,848

Purchase Details

Closed on
Jul 31, 2007
Sold by
Cunningham Stacey D
Bought by
Cunningham Stacey D

Purchase Details

Closed on
Mar 28, 2007
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Cunningham Stacey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,730
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 7, 2007
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Cunningham Stacey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,730
Interest Rate
6.33%
Mortgage Type
Stand Alone Second
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
Cai Hong $220,000 Title One Settlement Group L
Cunningham Stacey D -- --
Cunningham Stacey D $313,650 --
Cunningham Stacey D $313,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Hong $176,000
Previous Owner Cunningham Stacey D $62,730
Previous Owner Cunningham Stacey D $250,920
Previous Owner Cunningham Stacey D $250,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Sold $220,000 -8.1% $256 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/16/2016 03/16/16 Price Changed $239,500 -2.2% $278 / Sq Ft
02/12/2016 02/12/16 Price Changed $245,000 -2.0% $285 / Sq Ft
01/11/2016 01/11/16 For Sale $250,000 +13.6% $291 / Sq Ft
01/07/2016 01/07/16 Off Market $220,000 -- --
01/05/2016 01/05/16 For Sale $250,000 0.0% $291 / Sq Ft
06/16/2014 06/16/14 Rented $1,650 0.0% --
06/16/2014 06/16/14 Under Contract -- -- --
06/04/2014 06/04/14 For Rent $1,650 -- --
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 $2,163 $250,000 $75,000 $175,000
2022 $2,015 $250,000 $75,000 $175,000
2021 $4,092 $250,000 $75,000 $175,000
2020 $1,995 $240,000 $0 $0
2019 $1,932 $230,000 $0 $0
2018 $16 $220,000 $66,000 $154,000
2017 $2,614 $220,000 $0 $0
2016 -- $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

  • Nikki Cooper

    Seller's Agent in 2016

    Nikki Cooper

    Compass

    (240) 793-5563

    1 in this area

    101 Total Sales

    Nikki Cooper
    Section Image
  • Jane Shue

    Buyer's Agent in 2016

    Jane Shue

    Samson Properties

    (301) 213-3051

    69 Total Sales

    Jane Shue
    Section Image
  • Marty Resnick

    Seller's Agent in 2014

    Marty Resnick

    RE/MAX

    (301) 442-6991

    8 Total Sales

    Marty Resnick
    Section Image
See All Agents

About Mica Condominiums

Map

Source: Bright MLS

MLS Number: 1002395625

Bright MLS

APN: 13-03553253

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1220 Blair Mill Rd Unit 506, Silver Spring, MD

Not Listed for Sale

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