NOT LISTED FOR SALE

Estimated Value: $237,266 - $274,000

1 Bed
1 Bath
860 Sq Ft
$752/mo HOA Fee

Last Sold April 26, 2022

Last sale price $240,000 $279 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,343/month

4 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Party Room
  • Hayes Elementary School Rated 9+
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

Welcome home to this beautifully well-maintained condo in the heart of everything downtown Silver Spring has to offer. Centrally located, this amazing high-rise unit, in the highly desirable MICA building, is within close proximity to Silver Spring Metro station - making for easy access to the nation's capital. With all of the different restaurants, shopping experiences, parks, trails, and everything in-between, this unit will adhere to everything you've been looking for and more - all within close proximity. Not only is the location exceptional, but the unit itself is also just as amazing! As you enter through the front door, you are embraced by an abundance of natural light bursting through the massive windows that are aligned throughout the unit. Open and airy, this unit boasts an amazing layout that helps make the space larger by encouraging clear sightlines throughout the living room and kitchen. The entire unit was recently updated with luxury vinyl planks to give it a more modern touch. Both the color and material of the flooring were carefully chosen to enhance the overall space. This beautiful light-filled condo also comes with an in-unit washer and dryer and one assigned parking space. The building has its own pool, gym, and bike storage. All utilities are included in the condo fee. Lead by an active social committee, the MICA Condominium holds quarterly events for everyone to enjoy with plentiful food and beverages in their party room. Come check out this spectacular unit before it's gone!

Last Agent to Sell the Property

Long Ngo

(301) 905-2617 long.ngo@redfin.com Redfin Corp Listed on: 03/31/2022

Redfin Corp

Last Buyer's Agent

Markus Smith

(240) 997-5971 markus@onestreet.one Samson Properties License #5006863

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $752 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 860 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Off-Street Space
  • Assigned parking located at #P28
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303553264

Community Details

Overview

  • Association fees include electricity, water, exterior building maintenance, lawn maintenance, management, common area maintenance, pool(s), gas, recreation facility, snow removal, trash, air conditioning, insurance
  • High-Rise Condominium
  • Mica Codm @ Silv Community
  • Mica Codm @ Silver Spring Subdivision
  • Property Manager

Amenities

  • Party Room
  • Community Storage Space

Recreation

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,851

Year Built

Built in 2006

Lot Details

0

HOA Fees

$752 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
  • Expected On Market: 2022-03-31
  • Year Built: 2006
  • Assigned Parking Space Numbers: P28
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 860
  • Living Area Sq Ft: 860
  • Price Per Sq Ft: 290.58
  • 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, Combination
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 752.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Extra Storage, Fitness Center, Swimming Pool, Party Room
  • HOA Condo Co-Op Fee Includes: Electricity, Water, Ext Bldg Maint, Lawn Maintenance, Management, Common Area Maintenance, Pool(s), Gas, Recreation Facility, Snow Removal, Trash, Air Conditioning, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

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

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14105350
  • Tax Annual Amount: 2851.00
  • Assessor Parcel Number: 161303553264
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2010
Sold by
May Barbara
Bought by
Spindel Samantha Anne
Current Estimated Value
$255,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$130,107
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$124,960
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
Spindel Samantha Anne $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spindel Samantha Anne $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $240,000 -4.0% $279 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $249,900 -- $291 / 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 $2,286 $250,000 $75,000 $175,000
2022 $2,163 $250,000 $75,000 $175,000
2021 $2,851 $250,000 $75,000 $175,000
2020 $2,738 $240,000 $0 $0
2019 $2,624 $230,000 $0 $0
2018 $2,483 $220,000 $66,000 $154,000
2017 $2,588 $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: MDMC2043448

Bright MLS

APN: 13-03553264